Thai Nondestructive Testing PCL (BKK:TNDT) ROCE %: 2.88% (As of Mar. 2026)


BKK:TNDT Thai Nondestructive Testing PCL BKK:TNDT
29 GF Score
Price ฿0.13
GF Value ฿0.15
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Thai Nondestructive Testing PCL ROCE %?

Thai Nondestructive Testing PCL BKK:TNDT -7.14% 29 ROCE % is 2.88% as of Mar. 2026. GuruFocus rates BKK:TNDT with a GF Score™ of 29/100 and a GF Value™ of ฿0.15 (Modestly Undervalued). 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 Nondestructive Testing PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.88%.

Thai Nondestructive Testing PCL  (BKK:TNDT) 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 Nondestructive Testing PCL ROCE % Related Terms

Thai Nondestructive Testing PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Thai Nondestructive Testing 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 Nondestructive Testing PCL ROCE % Chart

Thai Nondestructive Testing 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 10.38 -3.54 -57.54 -91.13 4.15

Thai Nondestructive Testing 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 -5.34 -13.98 16.87 24.33 2.88
BKK:TNDT
29GF Score
Thai Nondestructive Testing PCL BKK:TNDT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Nondestructive Testing PCL ROCE % Calculation

Thai Nondestructive Testing 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 )
=12.289/( ( (691.624 - 382.738) + (646.335 - 362.68) )/ 2 )
=12.289/( (308.886+283.655)/ 2 )
=12.289/296.2705
=4.15 %

Thai Nondestructive Testing 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 )
=8.252/( ( (646.335 - 362.68) + (629.291 - 340.259) )/ 2 )
=8.252/( ( 283.655 + 289.032 )/ 2 )
=8.252/286.3435
=2.88 %

(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 2.88% mean?
Thai Nondestructive Testing PCL (BKK:TNDT) has a ROCE % of 2.88% as of Mar. 2026.
Is Thai Nondestructive Testing PCL's ROCE % too high?
Thai Nondestructive Testing PCL's current ROCE % is 2.88%. The Construction industry median ROCE % is 8.22. Thai Nondestructive Testing PCL's value of 2.88% is 65% below this industry median. Overall, Thai Nondestructive Testing PCL has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Nondestructive Testing PCL's ROCE % compare to PWR and FIX?
Thai Nondestructive Testing PCL's ROCE % of 2.88% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Thai Nondestructive Testing PCL's value of 2.88% is 65% 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 a Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,748 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 Nondestructive Testing PCL's current ROCE % of 2.88% is 65% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Nondestructive Testing PCL's current ROCE % is 2.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Nondestructive Testing PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Nondestructive Testing PCL (BKK:TNDT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.15, compared to a current price of ฿0.13 — trading 13.3% below its estimated fair value. The current ROCE % is 2.88% and 65% below the Construction industry median of 8.22. Thai Nondestructive Testing PCL's overall GF Score™ is 29/100 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 Nondestructive Testing PCL (BKK:TNDT), the current ROCE % is 2.88% 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 Nondestructive Testing PCL (BKK:TNDT) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Nondestructive Testing PCL stock appears to be undervalued. The current stock price of ฿0.13 is trading 13.3% below its estimated GF Value™ of ฿0.15. GuruFocus considers Thai Nondestructive Testing PCL to be Modestly Undervalued.

Key valuation signals for BKK:TNDT:

  • ROCE %: 2.88%
  • GF Value™: ฿0.15 vs. price of ฿0.13 (13.3% below fair value)
  • GF Score™: 29/100 with 6 warning signs
  • Industry Position: 65% below the Construction median

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

Thai Nondestructive Testing PCL Business Description

Address Ramkhamhaeng Road, 19 Soi Ramkhamhaeng 60 Intersection 8 (Suanson 8, Huamark, Bangkapi, Bangkok, THA, 10240
Thai Nondestructive Testing PCL engages in providing technical services and operates engineering inspection and testing through non-destructive techniques. It operates in the segments of: Nondestructive testing services; Inspection services for pressure vessel; Electron Beam; Revenue from contractor services relating to electricity, generating system; and Revenue from sales. Its Non-Destructive Testing Services segment which earns majority revenue provides conventional testing services, which are applied to pressure vessels, heat exchangers, boilers, piping and structures in the fields of oil refineries, power plants, petrochemical plants, ship buildings, offshore, bridges and building constructions, and other heavy industries. Geographically, it operates Domestically as well as Abroad.
29GF Score

Get the complete analysis for BKK:TNDT

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

฿0.13
Price
฿0.15
GF Value