Thai Wire Products PCL (BKK:TWP-R) ROCE %: 6.86% (As of Jun. 2026)

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BKK:TWP-R Thai Wire Products PCL BKK:TWP-R
57 GF Score
Price ฿1.60
GF Value ฿1.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Thai Wire Products PCL ROCE %?

Thai Wire Products PCL BKK:TWP-R 57 ROCE % is 6.86% as of Jun. 2026. GuruFocus rates BKK:TWP-R with a GF Score™ of 57/100 and a GF Value™ of ฿1.18 (Significantly Overvalued). The stock has 3 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 Wire Products PCL's annualized ROCE % for the quarter that ended in Jun. 2026 was 6.86%.

Thai Wire Products PCL  (BKK:TWP-R) 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 Wire Products PCL ROCE % Related Terms

Thai Wire Products PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Thai Wire Products 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 Wire Products PCL ROCE % Chart

Thai Wire Products 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 8.77 -3.07 -5.90 -4.20 -1.08

Thai Wire Products PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.27 6.86 -10.60 -0.14 6.86
BKK:TWP-R
57GF Score
Thai Wire Products PCL BKK:TWP-R
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Wire Products PCL ROCE % Calculation

Thai Wire Products 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 )
=-17.052/( ( (1750.065 - 138.819) + (1626.986 - 70.183) )/ 2 )
=-17.052/( (1611.246+1556.803)/ 2 )
=-17.052/1584.0245
=-1.08 %

Thai Wire Products PCL's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=107.98/( ( (1789.28 - 231.503) + (2037.477 - 448.215) )/ 2 )
=107.98/( ( 1557.777 + 1589.262 )/ 2 )
=107.98/1573.5195
=6.86 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 6.86% mean?
Thai Wire Products PCL (BKK:TWP-R) has a ROCE % of 6.86% as of Jun. 2026.
Is Thai Wire Products PCL's ROCE % too high?
Thai Wire Products PCL's current ROCE % is 6.86%. The Steel industry median ROCE % is 6.48. Thai Wire Products PCL's value of 6.86% is 5.9% above this industry median. Overall, Thai Wire Products PCL has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Wire Products PCL's ROCE % compare to NUE and STLD?
Thai Wire Products PCL's ROCE % of 6.86% can be compared against companies in the Steel industry. The industry median ROCE % is 6.48. Thai Wire Products PCL's value of 6.86% is 5.9% 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 Steel company?
The median ROCE % among Steel companies is 6.48, based on 619 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 Wire Products PCL's current ROCE % of 6.86% is 5.9% 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 Steel industry, the median ROCE % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wire Products PCL's current ROCE % is 6.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wire Products PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wire Products PCL (BKK:TWP-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.18, compared to a current price of ฿1.60 — trading 35.6% above its estimated fair value. The current ROCE % is 6.86% and 5.9% above the Steel industry median of 6.48. Thai Wire Products PCL's overall GF Score™ is 57/100 with 3 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 Wire Products PCL (BKK:TWP-R), the current ROCE % is 6.86% as of Jun. 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 Wire Products PCL (BKK:TWP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Wire Products PCL stock appears to be overvalued. The current stock price of ฿1.60 is trading 35.6% above its estimated GF Value™ of ฿1.18. GuruFocus considers Thai Wire Products PCL to be Significantly Overvalued.

Key valuation signals for BKK:TWP-R:

  • ROCE %: 6.86%
  • GF Value™: ฿1.18 vs. price of ฿1.60 (35.6% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 5.9% above the Steel median

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

Thai Wire Products PCL Business Description

Other Exchanges TWP:Thailand
Address 101/88 Moo 20 Nava Nakorn Industrial Estate, Khlong Nueng, Khlong Luang, Pathum Thani, THA, 12120
Thai Wire Products PCL is a Thailand-based manufacturer and seller of high-tensile steel wire (prestressed concrete wire) for the construction industry. Additionally, its product offerings also include galvanized steel wire, cold drawn steel wire, hard drawn steel wire, ordinary low carbon steel wire, etc. Geographically, the company generates maximum revenue from its domestic region and also has some exposure to overseas markets.
57GF Score

Get the complete analysis for BKK:TWP-R

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

฿1.60
Price
฿1.18
GF Value