Thaicom PCL (BKK:THCOM) ROCE %: 17.95% (As of Mar. 2026)

What is Thaicom PCL ROCE %?

Thaicom PCL BKK:THCOM 78 ROCE % is 17.95% as of Mar. 2026. GuruFocus rates BKK:THCOM with a GF Score™ of 78/100 and a GF Value™ of ฿11.68 (Fairly Valued). 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. Thaicom PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.95%.

Thaicom PCL (BKK:THCOM) 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.

Thaicom PCL ROCE % Related Terms

Thaicom PCL ROCE % Historical Data

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The historical data trend for Thaicom 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.

Thaicom PCL ROCE % Chart

Thaicom PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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2.86

2.38

4.82

1.59

1.55

Thaicom 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															4.97	-5.12	1.22	5.08	17.95

78GF Score

Thaicom PCL BKK:THCOM

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

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Thaicom PCL ROCE % Calculation

Thaicom 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 )
	=	210.839	/	( ( (15167.996 - 2019.314)	+	(17331.924 - 3215.06) )	/ 2 )
	=	210.839	/	( (13148.682	+	14116.864)	/ 2 )
	=	210.839	/	13632.773
	=	1.55 %

Thaicom 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 )
	=	2510.26	/	( ( (17331.924 - 3215.06)	+	(16520.655 - 2664.509) )	/ 2 )
	=	2510.26	/	( ( 14116.864	+	13856.146 )	/ 2 )
	=	2510.26	/	13986.505
	=	17.95 %

(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 17.95% mean?

Thaicom PCL (BKK:THCOM) has a ROCE % of 17.95% as of Mar. 2026.

Is Thaicom PCL's ROCE % too high?

Thaicom PCL's current ROCE % is 17.95%. The Telecommunication Services industry median ROCE % is 7.72. Thaicom PCL's value of 17.95% is 132.5% above this industry median. Overall, Thaicom PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Thaicom PCL's ROCE % compare to TMUS and VZ?

Thaicom PCL's ROCE % of 17.95% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Thaicom PCL's value of 17.95% is 132.5% 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 Telecommunication Services company?

The median ROCE % among Telecommunication Services companies is 7.72, based on 356 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. Thaicom PCL's current ROCE % of 17.95% is 132.5% 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 Telecommunication Services industry, the median ROCE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaicom PCL's current ROCE % is 17.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Thaicom PCL stock overvalued right now?

Based on GuruFocus' analysis, Thaicom PCL (BKK:THCOM) is currently considered Fairly Valued. The stock's GF Value™ is ฿11.68, compared to a current price of ฿11.00 — trading 5.8% below its estimated fair value. The current ROCE % is 17.95% and 132.5% above the Telecommunication Services industry median of 7.72. Thaicom PCL's overall GF Score™ is 78/100 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 Thaicom PCL (BKK:THCOM), the current ROCE % is 17.95% 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 Thaicom PCL (BKK:THCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Thaicom PCL stock appears to be undervalued. The current stock price of ฿11.00 is trading 5.8% below its estimated GF Value™ of ฿11.68. GuruFocus considers Thaicom PCL to be Fairly Valued.

Key valuation signals for BKK:THCOM:

ROCE %: 17.95%
GF Value™: ฿11.68 vs. price of ฿11.00 (5.8% below fair value)
GF Score™: 78/100 with 7 warning signs
Industry Position: 132.5% above the Telecommunication Services median

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

Thaicom PCL Business Description

Industry Communication Services Telecommunication Services

Comparable Companies BKK:JAS BKK:FSMART BKK:ITEL BKK:SYMC BKK:SAMTEL BKK:ICN BKK:PROEN BKK:JTS TSE:9984 SHSE:600941 TMUS VZ T XTER:DTE NSE:BHARTIARTL CMCSA XZIM:ECO.ZW HKSE:00728 MEX:AMXB TSE:9432

Address All Seasons Place, Wireless Road, 87/1 Capital Tower, 23rd Floor, Lumpini, Pathumwan, Bangkok, THA, 10330

Website https://www.thaicom.net

Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Australia, India and others.

78GF Score

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

฿11.00

Price

฿11.68

GF Value

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