SPCG PCL (BKK:SPCG-R) ROCE %: 3.05% (As of Mar. 2026)


BKK:SPCG-R SPCG PCL BKK:SPCG-R
65 GF Score
Price ฿8.85
GF Value ฿5.90
! 8 Warning Signs
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What is SPCG PCL ROCE %?

SPCG PCL BKK:SPCG-R 65 ROCE % is 3.05% as of Mar. 2026. GuruFocus rates BKK:SPCG-R with a GF Score™ of 65/100 and a GF Value™ of ฿5.90. The stock has 8 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. SPCG PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.05%.

SPCG PCL  (BKK:SPCG-R) 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.

SPCG PCL ROCE % Related Terms

SPCG PCL ROCE % Historical Data

* Premium members only.

The historical data trend for SPCG 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.

SPCG PCL ROCE % Chart

SPCG 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 14.70 12.67 10.30 4.03 2.15

SPCG 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 3.19 1.93 1.71 1.45 3.05
BKK:SPCG-R
65GF Score
SPCG PCL BKK:SPCG-R
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SPCG PCL ROCE % Calculation

SPCG 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 )
=429.278/( ( (21435.237 - 219.279) + (19111.054 - 395.952) )/ 2 )
=429.278/( (21215.958+18715.102)/ 2 )
=429.278/19965.53
=2.15 %

SPCG 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 )
=572.512/( ( (19111.054 - 395.952) + (19038.084 - 221.859) )/ 2 )
=572.512/( ( 18715.102 + 18816.225 )/ 2 )
=572.512/18765.6635
=3.05 %

(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 3.05% mean?
SPCG PCL (BKK:SPCG-R) has a ROCE % of 3.05% as of Mar. 2026.
Is SPCG PCL's ROCE % too high?
SPCG PCL's current ROCE % is 3.05%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. SPCG PCL's value of 3.05% is 36.3% below this industry median. Overall, SPCG PCL has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's ROCE % compare to competitors?
SPCG PCL's ROCE % of 3.05% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. SPCG PCL's value of 3.05% is 36.3% 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 an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 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. SPCG PCL's current ROCE % of 3.05% is 36.3% 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 Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current ROCE % is 3.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current ROCE % of 3.05%. The stock's GF Value™ is ฿5.90, compared to a current price of ฿8.85 — trading 50% above its estimated fair value. The current ROCE % is 3.05% and 36.3% below the Utilities - Independent Power Producers industry median of 4.79. SPCG PCL's overall GF Score™ is 65/100 with 8 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 SPCG PCL (BKK:SPCG-R), the current ROCE % is 3.05% 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?

Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued. The current stock price of ฿8.85 is trading 50% above its estimated GF Value™ of ฿5.90.

Key valuation signals for BKK:SPCG-R:

  • ROCE %: 3.05%
  • GF Value™: ฿5.90 vs. price of ฿8.85 (50% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 36.3% below the Utilities - Independent Power Producers median

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

SPCG PCL Business Description

Other Exchanges SPCG:Thailand
Address No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
65GF Score

Get the complete analysis for BKK:SPCG-R

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

฿8.85
Price
฿5.90
GF Value