Siam Wellness Group PCL (BKK:SPA) ROCE %: 14.00% (As of Mar. 2026)


BKK:SPA Siam Wellness Group PCL BKK:SPA
83 GF Score
Price ฿3.32
GF Value ฿7.52
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Siam Wellness Group PCL ROCE %?

Siam Wellness Group PCL BKK:SPA 83 ROCE % is 14.00% as of Mar. 2026. GuruFocus rates BKK:SPA with a GF Score™ of 83/100 and a GF Value™ of ฿7.52 (Significantly Undervalued). The stock has 2 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. Siam Wellness Group PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.00%.

Siam Wellness Group PCL  (BKK:SPA) 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.

Siam Wellness Group PCL ROCE % Related Terms

Siam Wellness Group PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Siam Wellness Group 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.

Siam Wellness Group PCL ROCE % Chart

Siam Wellness Group 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 -12.10 -1.94 18.44 23.63 13.34

Siam Wellness Group 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 15.63 11.48 13.61 14.59 14.00
BKK:SPA
83GF Score
Siam Wellness Group PCL BKK:SPA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Wellness Group PCL ROCE % Calculation

Siam Wellness Group 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 )
=267.018/( ( (2136.368 - 344.859) + (2605.672 - 393.129) )/ 2 )
=267.018/( (1791.509+2212.543)/ 2 )
=267.018/2002.026
=13.34 %

Siam Wellness Group 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 )
=315.496/( ( (2605.672 - 393.129) + (2712.715 - 419.022) )/ 2 )
=315.496/( ( 2212.543 + 2293.693 )/ 2 )
=315.496/2253.118
=14.00 %

(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 14.00% mean?
Siam Wellness Group PCL (BKK:SPA) has a ROCE % of 14.00% as of Mar. 2026.
Is Siam Wellness Group PCL's ROCE % too high?
Siam Wellness Group PCL's current ROCE % is 14.00%. The Personal Services industry median ROCE % is 6.08. Siam Wellness Group PCL's value of 14.00% is 130.3% above this industry median. Overall, Siam Wellness Group PCL has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Wellness Group PCL's ROCE % compare to ROL and SCI?
Siam Wellness Group PCL's ROCE % of 14.00% can be compared against companies in the Personal Services industry. The industry median ROCE % is 6.08. Siam Wellness Group PCL's value of 14.00% is 130.3% above 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 Personal Services company?
The median ROCE % among Personal Services companies is 6.08, based on 95 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. Siam Wellness Group PCL's current ROCE % of 14.00% is 130.3% above 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 Personal Services industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Wellness Group PCL's current ROCE % is 14.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Wellness Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Wellness Group PCL (BKK:SPA) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿7.52, compared to a current price of ฿3.32 — trading 55.9% below its estimated fair value. The current ROCE % is 14.00% and 130.3% above the Personal Services industry median of 6.08. Siam Wellness Group PCL's overall GF Score™ is 83/100 with 2 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 Siam Wellness Group PCL (BKK:SPA), the current ROCE % is 14.00% 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 Siam Wellness Group PCL (BKK:SPA) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Wellness Group PCL stock appears to be undervalued. The current stock price of ฿3.32 is trading 55.9% below its estimated GF Value™ of ฿7.52. GuruFocus considers Siam Wellness Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:SPA:

  • ROCE %: 14.00%
  • GF Value™: ฿7.52 vs. price of ฿3.32 (55.9% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 130.3% above the Personal Services median

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

Siam Wellness Group PCL Business Description

Address Prachasongkroh Road, 565, 567 B.U. Place Building, 22nd Floor, Soi Suthiporn, Dindaeng Sub-district, Dindaeng District, Bangkok, THA, 10400
Siam Wellness Group PCL is a Thailand-based company and is principally engaged in the spa business. The business is organized into three segments: Spa services, which operates day spa and destination spa. Also, provides spa management and spa consultancy services; Sales of spa products and healthy products, which distributes natural spa products both and spa equipment for domestic and international markets. and Hotel and restaurant which operates boutique resorts and restaurants. Key revenue is earned from providing spa services. The Group operates in Thailand.
83GF Score

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

฿3.32
Price
฿7.52
GF Value