Star Petroleum Refining PCL (BKK:SPRC) ROCE %: 79.74% (As of Mar. 2026)


BKK:SPRC Star Petroleum Refining PCL BKK:SPRC
79 GF Score
Price ฿7.60
GF Value ฿6.45
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Star Petroleum Refining PCL ROCE %?

Star Petroleum Refining PCL BKK:SPRC +1.33% 79 ROCE % is 79.74% as of Mar. 2026. GuruFocus rates BKK:SPRC with a GF Score™ of 79/100 and a GF Value™ of ฿6.45 (Modestly Overvalued). The stock has 4 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. Star Petroleum Refining PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 79.74%.

Star Petroleum Refining PCL  (BKK:SPRC) 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.

Star Petroleum Refining PCL ROCE % Related Terms

Star Petroleum Refining PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Star Petroleum Refining 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.

Star Petroleum Refining PCL ROCE % Chart

Star Petroleum Refining 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 16.44 25.39 -1.32 6.92 7.39

Star Petroleum Refining 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 8.12 -8.54 18.56 12.59 79.74
BKK:SPRC
79GF Score
Star Petroleum Refining PCL BKK:SPRC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Petroleum Refining PCL ROCE % Calculation

Star Petroleum Refining 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 )
=3371.283/( ( (68434.853 - 20010.395) + (61298.066 - 18451.667) )/ 2 )
=3371.283/( (48424.458+42846.399)/ 2 )
=3371.283/45635.4285
=7.39 %

Star Petroleum Refining 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 )
=36961.076/( ( (61298.066 - 18451.667) + (78885.483 - 29026.939) )/ 2 )
=36961.076/( ( 42846.399 + 49858.544 )/ 2 )
=36961.076/46352.4715
=79.74 %

(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 79.74% mean?
Star Petroleum Refining PCL (BKK:SPRC) has a ROCE % of 79.74% as of Mar. 2026.
Is Star Petroleum Refining PCL's ROCE % too high?
Star Petroleum Refining PCL's current ROCE % is 79.74%. The Oil & Gas industry median ROCE % is 6.85. Star Petroleum Refining PCL's value of 79.74% is 1064.1% above this industry median. Overall, Star Petroleum Refining PCL has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Petroleum Refining PCL's ROCE % compare to VLO and MPC?
Star Petroleum Refining PCL's ROCE % of 79.74% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.85. Star Petroleum Refining PCL's value of 79.74% is 1064.1% 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 an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.85, based on 981 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. Star Petroleum Refining PCL's current ROCE % of 79.74% is 1064.1% 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 Oil & Gas industry, the median ROCE % is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Petroleum Refining PCL's current ROCE % is 79.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Petroleum Refining PCL stock overvalued right now?
Based on GuruFocus' analysis, Star Petroleum Refining PCL (BKK:SPRC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.45, compared to a current price of ฿7.60 — trading 17.8% above its estimated fair value. The current ROCE % is 79.74% and 1064.1% above the Oil & Gas industry median of 6.85. Star Petroleum Refining PCL's overall GF Score™ is 79/100 with 4 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 Star Petroleum Refining PCL (BKK:SPRC), the current ROCE % is 79.74% 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 Star Petroleum Refining PCL (BKK:SPRC) Overvalued in 2026?

Based on GuruFocus' analysis, Star Petroleum Refining PCL stock appears to be overvalued. The current stock price of ฿7.60 is trading 17.8% above its estimated GF Value™ of ฿6.45. GuruFocus considers Star Petroleum Refining PCL to be Modestly Overvalued.

Key valuation signals for BKK:SPRC:

  • ROCE %: 79.74%
  • GF Value™: ฿6.45 vs. price of ฿7.60 (17.8% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 1064.1% above the Oil & Gas median

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

Star Petroleum Refining PCL Business Description

Industry EnergyOil & Gas
Address No.1, I-3B Road, Tambol Map Ta Phut, Amphur Muang Rayong, Rayong, THA, 21150
Star Petroleum Refining PCL operates petroleum refinery in Thailand. The company produces multiple petroleum products such as Liquefied Petroleum Gas, gasoline, jet fuel, diesel, fuel oil, asphalt, and others. Geographically the majority of its sales are conducted in Thailand. However, the company also produces petroleum products for international markets.
79GF Score

Get the complete analysis for BKK:SPRC

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

฿7.60
Price
฿6.45
GF Value