Thanasiri Group PCL (BKK:THANA) ROCE %: -6.28% (As of Mar. 2026)

What is Thanasiri Group PCL ROCE %?

Thanasiri Group PCL BKK:THANA -0.64% 53 ROCE % is -6.28% as of Mar. 2026. GuruFocus rates BKK:THANA with a GF Score™ of 53/100 and a GF Value™ of ฿1.16 (Significantly Overvalued). The stock has 7 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. Thanasiri Group PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was -6.28%.

Thanasiri Group PCL (BKK:THANA) 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.

Thanasiri Group PCL ROCE % Related Terms

Thanasiri Group PCL ROCE % Historical Data

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The historical data trend for Thanasiri 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.

Thanasiri Group PCL ROCE % Chart

Thanasiri Group PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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3.78

17.28

8.66

8.15

0.79

Thanasiri 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															-7.16	7.05	-0.57	4.10	-6.28

53GF Score

Thanasiri Group PCL BKK:THANA

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Thanasiri Group PCL ROCE % Calculation

Thanasiri 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 )
	=	5.936	/	( ( (1263.216 - 498.26)	+	(1145.069 - 405.709) )	/ 2 )
	=	5.936	/	( (764.956	+	739.36)	/ 2 )
	=	5.936	/	752.158
	=	0.79 %

Thanasiri 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 )
	=	-48.708	/	( ( (1145.069 - 405.709)	+	(1273.355 - 460.337) )	/ 2 )
	=	-48.708	/	( ( 739.36	+	813.018 )	/ 2 )
	=	-48.708	/	776.189
	=	-6.28 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -6.28% mean?

Thanasiri Group PCL (BKK:THANA) has a ROCE % of -6.28% as of Mar. 2026.

Is Thanasiri Group PCL's ROCE % too high?

Thanasiri Group PCL's current ROCE % is -6.28%. Overall, Thanasiri Group 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 Thanasiri Group PCL's ROCE % compare to competitors?

Thanasiri Group PCL's ROCE % of -6.28% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.64. 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 Real Estate company?

The median ROCE % among Real Estate companies is 4.64, based on 1,760 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. 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 Real Estate industry, the median ROCE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thanasiri Group PCL's current ROCE % is -6.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Thanasiri Group PCL stock overvalued right now?

Based on GuruFocus' analysis, Thanasiri Group PCL (BKK:THANA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.16, compared to a current price of ฿1.55 — trading 33.6% above its estimated fair value. The current ROCE % is -6.28%. Thanasiri Group PCL's overall GF Score™ is 53/100 with 7 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 Thanasiri Group PCL (BKK:THANA), the current ROCE % is -6.28% 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 Thanasiri Group PCL (BKK:THANA) Overvalued in 2026?

Based on GuruFocus' analysis, Thanasiri Group PCL stock appears to be overvalued. The current stock price of ฿1.55 is trading 33.6% above its estimated GF Value™ of ฿1.16. GuruFocus considers Thanasiri Group PCL to be Significantly Overvalued.

Key valuation signals for BKK:THANA:

ROCE %: -6.28%
GF Value™: ฿1.16 vs. price of ฿1.55 (33.6% above fair value)
GF Score™: 53/100 with 7 warning signs

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

Thanasiri Group PCL Business Description

Industry Real Estate Real Estate

Comparable Companies BKK:NCH BKK:JCK BKK:PF BKK:DHOUSE BKK:CI BKK:KUN BKK:ARIN BKK:EVER BKK:RICHY BKK:MJD HKSE:00016 HKSE:01109 DFM:EMAAR STC:VHM HKSE:00688 HKSE:01113 TSE:1925 ADX:ALDAR SGX:H78 DFM:EMAARDEV

Address 650, 652 Baromratchonnanee Road, Bangbumru, Bangplad, Bangkok, THA, 10700

Website https://www.thanasiri.com

Thanasiri Group PCL is a Thailand-based company. It is engaged in the business of Property development for sale. The operations of the company are located in Thailand. The projects of the company include Thana Hibbati Pinklao - Sirindhorn, Thanasiri Ratchaphruek - Tha Nam Non, Thana Village Rama 5 - Bangyai, Thanasio Rattanathibet, and Thana Cluster Ratchapruek, among others. Its operating segments include Real estate business - horizontal, Service business, and Sell products business.

53GF Score

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

฿1.55

Price

฿1.16

GF Value

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