Thai Industrial Fund 1 (BKK:TIF1) ROCE %: 5.99% (As of Dec. 2025)

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BKK:TIF1 Thai Industrial Fund 1 BKK:TIF1
79 GF Score
Price ฿7.95
GF Value ฿8.50
Valuation Fairly Valued
! 6 Warning Signs
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What is Thai Industrial Fund 1 ROCE %?

Thai Industrial Fund 1 BKK:TIF1 -1.25% 79 ROCE % is 5.99% as of Dec. 2025. GuruFocus rates BKK:TIF1 with a GF Score™ of 79/100 and a GF Value™ of ฿8.50 (Fairly Valued). The stock has 6 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 Industrial Fund 1's annualized ROCE % for the quarter that ended in Dec. 2025 was 5.99%.

Thai Industrial Fund 1  (BKK:TIF1) 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 Industrial Fund 1 ROCE % Related Terms

Thai Industrial Fund 1 ROCE % Historical Data

* Premium members only.

The historical data trend for Thai Industrial Fund 1'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 Industrial Fund 1 ROCE % Chart

Thai Industrial Fund 1 Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.30 4.96 4.74 4.47 4.80

Thai Industrial Fund 1 Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 5.61 5.63 5.62 5.90 5.99
BKK:TIF1
79GF Score
Thai Industrial Fund 1 BKK:TIF1
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Industrial Fund 1 ROCE % Calculation

Thai Industrial Fund 1's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=46/( ( (1012.373 - 32.531) + (967.056 - 29.312) )/ 2 )
=46/( (979.842+937.744)/ 2 )
=46/958.793
=4.80 %

Thai Industrial Fund 1's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=57.184/( ( (980.25 - 28.075) + (984.335 - 27.749) )/ 2 )
=57.184/( ( 952.175 + 956.586 )/ 2 )
=57.184/954.3805
=5.99 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 5.99% mean?
Thai Industrial Fund 1 (BKK:TIF1) has a ROCE % of 5.99% as of Dec. 2025.
Is Thai Industrial Fund 1's ROCE % too high?
Thai Industrial Fund 1's current ROCE % is 5.99%. The Asset Management industry median ROCE % is 4.46. Thai Industrial Fund 1's value of 5.99% is 34.3% above this industry median. Overall, Thai Industrial Fund 1 has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Industrial Fund 1's ROCE % compare to BLK and BX?
Thai Industrial Fund 1's ROCE % of 5.99% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.46. Thai Industrial Fund 1's value of 5.99% is 34.3% 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 Asset Management company?
The median ROCE % among Asset Management companies is 4.46, based on 709 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 Industrial Fund 1's current ROCE % of 5.99% is 34.3% 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 Asset Management industry, the median ROCE % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Industrial Fund 1's current ROCE % is 5.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Industrial Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Thai Industrial Fund 1 (BKK:TIF1) is currently considered Fairly Valued. The stock's GF Value™ is ฿8.50, compared to a current price of ฿7.95 — trading 6.5% below its estimated fair value. The current ROCE % is 5.99% and 34.3% above the Asset Management industry median of 4.46. Thai Industrial Fund 1's overall GF Score™ is 79/100 with 6 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 Industrial Fund 1 (BKK:TIF1), the current ROCE % is 5.99% as of Dec. 2025. 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 Industrial Fund 1 (BKK:TIF1) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Industrial Fund 1 stock appears to be undervalued. The current stock price of ฿7.95 is trading 6.5% below its estimated GF Value™ of ฿8.50. GuruFocus considers Thai Industrial Fund 1 to be Fairly Valued.

Key valuation signals for BKK:TIF1:

  • ROCE %: 5.99%
  • GF Value™: ฿8.50 vs. price of ฿7.95 (6.5% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 34.3% above the Asset Management median

No single metric tells the full story. See the BKK:TIF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thai Industrial Fund 1 Business Description

Address Rama 1 Road, Floor 9th, 24th, No. 989 Siam Piwat Tower, Patumwan District, Bangkok, THA, 10330
Thai Industrial Fund 1 is an asset management company. The objective of the fund is to raise funds from general investors and to use the proceeds from such fundraising for the purchase and/or lease of immovable properties or property lease rights. It invests in land and factory buildings, industrial parks, and industrial promotion zone in Thailand. The one reportable operating segment of the Fund is to provide the rental on property in which the Fund has invested and the single geographical area of its operations is Thailand.
79GF Score

Get the complete analysis for BKK:TIF1

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

฿7.95
Price
฿8.50
GF Value