Thai Plaspac PCL (BKK:TPAC) ROCE %: 18.57% (As of Mar. 2026)


BKK:TPAC Thai Plaspac PCL BKK:TPAC
89 GF Score
Price ฿8.95
GF Value ฿10.39
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Thai Plaspac PCL ROCE %?

Thai Plaspac PCL BKK:TPAC +0.56% 89 ROCE % is 18.57% as of Mar. 2026. GuruFocus rates BKK:TPAC with a GF Score™ of 89/100 and a GF Value™ of ฿10.39 (Modestly Undervalued). 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 Plaspac PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.57%.

Thai Plaspac PCL  (BKK:TPAC) 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 Plaspac PCL ROCE % Related Terms

Thai Plaspac PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Thai Plaspac 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 Plaspac PCL ROCE % Chart

Thai Plaspac 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 11.76 10.95 15.46 13.93 15.73

Thai Plaspac 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 16.42 12.73 16.57 18.04 18.57
BKK:TPAC
89GF Score
Thai Plaspac PCL BKK:TPAC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Plaspac PCL ROCE % Calculation

Thai Plaspac 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 )
=773.753/( ( (7609.274 - 2461.822) + (7327.918 - 2637.412) )/ 2 )
=773.753/( (5147.452+4690.506)/ 2 )
=773.753/4918.979
=15.73 %

Thai Plaspac 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 )
=883.02/( ( (7327.918 - 2637.412) + (7572.652 - 2751.143) )/ 2 )
=883.02/( ( 4690.506 + 4821.509 )/ 2 )
=883.02/4756.0075
=18.57 %

(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 18.57% mean?
Thai Plaspac PCL (BKK:TPAC) has a ROCE % of 18.57% as of Mar. 2026.
Is Thai Plaspac PCL's ROCE % too high?
Thai Plaspac PCL's current ROCE % is 18.57%. The Packaging & Containers industry median ROCE % is 7.15. Thai Plaspac PCL's value of 18.57% is 159.7% above this industry median. Overall, Thai Plaspac PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Plaspac PCL's ROCE % compare to SW and PKG?
Thai Plaspac PCL's ROCE % of 18.57% can be compared against companies in the Packaging & Containers industry. The industry median ROCE % is 7.15. Thai Plaspac PCL's value of 18.57% is 159.7% 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 Packaging & Containers company?
The median ROCE % among Packaging & Containers companies is 7.15, based on 389 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 Plaspac PCL's current ROCE % of 18.57% is 159.7% 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 Packaging & Containers industry, the median ROCE % is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Plaspac PCL's current ROCE % is 18.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plaspac PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plaspac PCL (BKK:TPAC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.39, compared to a current price of ฿8.95 — trading 13.9% below its estimated fair value. The current ROCE % is 18.57% and 159.7% above the Packaging & Containers industry median of 7.15. Thai Plaspac PCL's overall GF Score™ is 89/100 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 Plaspac PCL (BKK:TPAC), the current ROCE % is 18.57% 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 Plaspac PCL (BKK:TPAC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Plaspac PCL stock appears to be undervalued. The current stock price of ฿8.95 is trading 13.9% below its estimated GF Value™ of ฿10.39. GuruFocus considers Thai Plaspac PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPAC:

  • ROCE %: 18.57%
  • GF Value™: ฿10.39 vs. price of ฿8.95 (13.9% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 159.7% above the Packaging & Containers median

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

Thai Plaspac PCL Business Description

Address Bang Khun Thian-Chay Thalae Road, 77 Soi Thian Thalae 30, Thakham, Bang Khun Thian, Bangkok, THA, 10150
Thai Plaspac PCL is a Thailand-based company that operates in the plastic packaging business. The activity of the group includes the manufacturing and distribution of plastic packaging materials. It offers a wide range of manufacturing capabilities, ranging from packaging design, injection-molding, blow-molding, injection/blow molding in-line inspections, and quality assurance. It serves food, daily products, consumer-household, and other sectors. Geographically, the firm has a business presence in Thailand and Other overseas countries.
89GF Score

Get the complete analysis for BKK:TPAC

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

฿8.95
Price
฿10.39
GF Value