Stars Microelectronics (Thailand) PCL (BKK:SMT) ROCE %: 2.82% (As of Mar. 2026)


BKK:SMT Stars Microelectronics (Thailand) PCL BKK:SMT
53 GF Score
Price ฿3.60
GF Value ฿1.83
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Stars Microelectronics (Thailand) PCL ROCE %?

Stars Microelectronics (Thailand) PCL BKK:SMT +1.12% 53 ROCE % is 2.82% as of Mar. 2026. GuruFocus rates BKK:SMT with a GF Score™ of 53/100 and a GF Value™ of ฿1.83 (Significantly Overvalued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Stars Microelectronics (Thailand) PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.82%.

Stars Microelectronics (Thailand) PCL  (BKK:SMT) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Stars Microelectronics (Thailand) PCL ROCE % Related Terms

Stars Microelectronics (Thailand) PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Stars Microelectronics (Thailand) PCL's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Stars Microelectronics (Thailand) PCL ROCE % Chart

Stars Microelectronics (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.71 15.96 11.72 -8.35 -2.67

Stars Microelectronics (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.85 -9.18 -9.46 -1.10 2.82
BKK:SMT
53GF Score
Stars Microelectronics (Thailand) PCL BKK:SMT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Stars Microelectronics (Thailand) PCL ROCE % Calculation

Stars Microelectronics (Thailand) PCL's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-49.149/( ( (2420.755 - 525.267) + (2349.901 - 569.629) )/ 2 )
=-49.149/( (1895.488+1780.272)/ 2 )
=-49.149/1837.88
=-2.67 %

Stars Microelectronics (Thailand) PCL's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=50.4/( ( (2349.901 - 569.629) + (2346.4 - 552.421) )/ 2 )
=50.4/( ( 1780.272 + 1793.979 )/ 2 )
=50.4/1787.1255
=2.82 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 2.82% mean?
Stars Microelectronics (Thailand) PCL (BKK:SMT) has a ROCE % of 2.82% as of Mar. 2026.
Is Stars Microelectronics (Thailand) PCL's ROCE % too high?
Stars Microelectronics (Thailand) PCL's current ROCE % is 2.82%. The Semiconductors industry median ROCE % is 4.81. Stars Microelectronics (Thailand) PCL's value of 2.82% is 41.3% below this industry median. Overall, Stars Microelectronics (Thailand) PCL has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Stars Microelectronics (Thailand) PCL's ROCE % compare to NVDA and AVGO?
Stars Microelectronics (Thailand) PCL's ROCE % of 2.82% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Stars Microelectronics (Thailand) PCL's value of 2.82% is 41.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Stars Microelectronics (Thailand) PCL's current ROCE % of 2.82% is 41.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stars Microelectronics (Thailand) PCL's current ROCE % is 2.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stars Microelectronics (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Stars Microelectronics (Thailand) PCL (BKK:SMT) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.83, compared to a current price of ฿3.60 — trading 96.7% above its estimated fair value. The current ROCE % is 2.82% and 41.3% below the Semiconductors industry median of 4.81. Stars Microelectronics (Thailand) PCL's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Stars Microelectronics (Thailand) PCL (BKK:SMT), the current ROCE % is 2.82% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Stars Microelectronics (Thailand) PCL (BKK:SMT) Overvalued in 2026?

Based on GuruFocus' analysis, Stars Microelectronics (Thailand) PCL stock appears to be overvalued. The current stock price of ฿3.60 is trading 96.7% above its estimated GF Value™ of ฿1.83. GuruFocus considers Stars Microelectronics (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for BKK:SMT:

  • ROCE %: 2.82%
  • GF Value™: ฿1.83 vs. price of ฿3.60 (96.7% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 41.3% below the Semiconductors median

No single metric tells the full story. See the BKK:SMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Stars Microelectronics (Thailand) PCL Business Description

Address 586 Moo 2, Bang Pa-In Industrial Estate, Klongjig, Bang Pa-In, Ayutthya, THA, 13160
Stars Microelectronics (Thailand) PCL is engaged in the manufacture and distribution of integrated circuit boards. Its segments include Electronics Manufacturing Service (EMS), Outsourced Assembly and Test (OSAT), and Fiber optical devices (Optical). Maximum revenue is generated from the Electronics Manufacturing Service (EMS) segment, which provides manufacturing, assembly, and sales of EMS.
53GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿3.60
Price
฿1.83
GF Value