TVD Holdings PCL (BKK:TVDH) ROCE %: 13.40% (As of Mar. 2026)

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What is TVD Holdings PCL ROCE %?

TVD Holdings PCL BKK:TVDH ROCE % is 13.40% as of Mar. 2026. 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. TVD Holdings PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.40%.

TVD Holdings PCL  (BKK:TVDH) 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.

TVD Holdings PCL ROCE % Related Terms

TVD Holdings PCL ROCE % Historical Data

* Premium members only.

The historical data trend for TVD Holdings 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.

TVD Holdings PCL ROCE % Chart

TVD Holdings 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 -40.45 -52.36 -48.00 6.75 6.52

TVD Holdings 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 -3.17 -9.51 -20.29 66.80 13.40

TVD Holdings PCL ROCE % Calculation

TVD Holdings 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 )
=51.477/( ( (1509.274 - 648.739) + (1079.587 - 362.176) )/ 2 )
=51.477/( (860.535+717.411)/ 2 )
=51.477/788.973
=6.52 %

TVD Holdings 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 )
=97.144/( ( (1079.587 - 362.176) + (1079.638 - 347.036) )/ 2 )
=97.144/( ( 717.411 + 732.602 )/ 2 )
=97.144/725.0065
=13.40 %

(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 13.40% mean?
TVD Holdings PCL (BKK:TVDH) has a ROCE % of 13.40% as of Mar. 2026.
Is TVD Holdings PCL's ROCE % too high?
TVD Holdings PCL's current ROCE % is 13.40%. The Retail - Cyclical industry median ROCE % is 7.66. TVD Holdings PCL's value of 13.40% is 74.9% above this industry median.
How does TVD Holdings PCL's ROCE % compare to AMZN and BABA?
TVD Holdings PCL's ROCE % of 13.40% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.66. TVD Holdings PCL's value of 13.40% is 74.9% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.66, based on 1,117 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. TVD Holdings PCL's current ROCE % of 13.40% is 74.9% 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 Retail - Cyclical industry, the median ROCE % is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVD Holdings PCL's current ROCE % is 13.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVD Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, TVD Holdings PCL (BKK:TVDH) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.10, compared to a current price of ฿0.05 — trading 50% below its estimated fair value. The current ROCE % is 13.40% and 74.9% above the Retail - Cyclical industry median of 7.66. 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 TVD Holdings PCL (BKK:TVDH), the current ROCE % is 13.40% 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.

TVD Holdings PCL Business Description

Address 25 Watcharaphol Road, Tha-Raeng Sub-district, Bang Khen District, Bangkok, THA, 10230
TVD Holdings PCL is engaged in the sales of goods and services through various marketing channels, including providing and producing TV programs, and selling air time for advertising. The company operates in various business segments that include: Selling products: offering products to consumers via 24-hour home shopping television, digital TV and online media, Provide secured loans: Engaging in lending business, providing loans with movable or immovable property as collateral Investment: Investing in fiber optic distribution projects and investing in foreign securities, Television media: Providing satellite signal channels and broadcasting time, Services: Providing services of departments and other services. The majority of its revenue is generated from the selling products segment.