Thai Mui PCL (BKK:THMUI) ROCE %: 1.97% (As of Mar. 2026)

What is Thai Mui PCL ROCE %?

Thai Mui PCL BKK:THMUI 53 ROCE % is 1.97% as of Mar. 2026. GuruFocus rates BKK:THMUI with a GF Score™ of 53/100 and a GF Value™ of ฿0.63 (Possible Value Trap). 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. Thai Mui PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.97%.

Thai Mui PCL (BKK:THMUI) 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.

Thai Mui PCL ROCE % Related Terms

Thai Mui PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Thai Mui 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.

Thai Mui PCL ROCE % Chart

Thai Mui PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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1.03

0.42

2.39

-10.84

6.77

Thai Mui 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															0.37	2.50	6.44	17.97	1.97

53GF Score

Thai Mui Corp PCL BKK:THMUI

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

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Thai Mui PCL ROCE % Calculation

Thai Mui 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 )
	=	26.415	/	( ( (627.956 - 242.455)	+	(642.673 - 247.657) )	/ 2 )
	=	26.415	/	( (385.501	+	395.016)	/ 2 )
	=	26.415	/	390.2585
	=	6.77 %

Thai Mui 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 )
	=	7.744	/	( ( (642.673 - 247.657)	+	(603.396 - 211.258) )	/ 2 )
	=	7.744	/	( ( 395.016	+	392.138 )	/ 2 )
	=	7.744	/	393.577
	=	1.97 %

(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 1.97% mean?

Thai Mui PCL (BKK:THMUI) has a ROCE % of 1.97% as of Mar. 2026.

Is Thai Mui PCL's ROCE % too high?

Thai Mui PCL's current ROCE % is 1.97%. The Industrial Distribution industry median ROCE % is 9.60. Thai Mui PCL's value of 1.97% is 79.5% below this industry median. Overall, Thai Mui PCL has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Thai Mui PCL's ROCE % compare to GWW and FAST?

Thai Mui PCL's ROCE % of 1.97% can be compared against companies in the Industrial Distribution industry. The industry median ROCE % is 9.60. Thai Mui PCL's value of 1.97% is 79.5% 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 Industrial Distribution company?

The median ROCE % among Industrial Distribution companies is 9.60, based on 157 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. Thai Mui PCL's current ROCE % of 1.97% is 79.5% 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 Industrial Distribution industry, the median ROCE % is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current ROCE % is 1.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Thai Mui PCL stock overvalued right now?

Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.31 — trading 50.8% below its estimated fair value. The current ROCE % is 1.97% and 79.5% below the Industrial Distribution industry median of 9.60. Thai Mui PCL's overall GF Score™ is 53/100 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 Thai Mui PCL (BKK:THMUI), the current ROCE % is 1.97% 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 Thai Mui PCL (BKK:THMUI) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued. The current stock price of ฿0.31 is trading 50.8% below its estimated GF Value™ of ฿0.63. GuruFocus considers Thai Mui PCL to be Possible Value Trap.

Key valuation signals for BKK:THMUI:

ROCE %: 1.97%
GF Value™: ฿0.63 vs. price of ฿0.31 (50.8% below fair value)
GF Score™: 53/100 with 2 warning signs
Industry Position: 79.5% below the Industrial Distribution median

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

Thai Mui PCL Business Description

Industry Industrials Industrial Distribution

Comparable Companies BKK:SE BKK:MASTEC GWW FAST FERG WCC WSO TSX:TIH LSE:DPLM QXO AIT TSX:FTT OSTO:ADDT B CNM OSTO:INDT OSTO:BEIJ B POOL MSM ASX:REH XMTR

Address 759 Chareonkrung Road, Taladnoi, Sumphantawong, Krung Thep Maha Nakhon, Bangkok, THA, 10100

Website https://www.thaimui.co.th

Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.

53GF Score

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

฿0.31

Price

฿0.63

GF Value

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