WHA Utilities and Power PCL (BKK:WHAUP) ROCE %: 7.46% (As of Mar. 2026)


BKK:WHAUP WHA Utilities and Power PCL BKK:WHAUP
83 GF Score
Price ฿7.20
GF Value ฿5.34
Valuation Significantly Overvalued
! 11 Warning Signs
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What is WHA Utilities and Power PCL ROCE %?

WHA Utilities and Power PCL BKK:WHAUP +2.86% 83 ROCE % is 7.46% as of Mar. 2026. GuruFocus rates BKK:WHAUP with a GF Score™ of 83/100 and a GF Value™ of ฿5.34 (Significantly Overvalued). The stock has 11 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. WHA Utilities and Power PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.46%.

WHA Utilities and Power PCL  (BKK:WHAUP) 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.

WHA Utilities and Power PCL ROCE % Related Terms

WHA Utilities and Power PCL ROCE % Historical Data

* Premium members only.

The historical data trend for WHA Utilities and Power 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.

WHA Utilities and Power PCL ROCE % Chart

WHA Utilities and Power 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 5.08 3.99 8.65 6.15 5.91

WHA Utilities and Power 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 5.39 4.63 9.80 3.81 7.46
BKK:WHAUP
83GF Score
WHA Utilities and Power PCL BKK:WHAUP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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WHA Utilities and Power PCL ROCE % Calculation

WHA Utilities and Power 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 )
=1606.993/( ( (31246.763 - 3911.73) + (31648.207 - 4600.106) )/ 2 )
=1606.993/( (27335.033+27048.101)/ 2 )
=1606.993/27191.567
=5.91 %

WHA Utilities and Power 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 )
=2031.848/( ( (31648.207 - 4600.106) + (31985.665 - 4596.36) )/ 2 )
=2031.848/( ( 27048.101 + 27389.305 )/ 2 )
=2031.848/27218.703
=7.46 %

(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 7.46% mean?
WHA Utilities and Power PCL (BKK:WHAUP) has a ROCE % of 7.46% as of Mar. 2026.
Is WHA Utilities and Power PCL's ROCE % too high?
WHA Utilities and Power PCL's current ROCE % is 7.46%. The Utilities - Regulated industry median ROCE % is 6.96. WHA Utilities and Power PCL's value of 7.46% is 7.3% above this industry median. Overall, WHA Utilities and Power PCL has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Utilities and Power PCL's ROCE % compare to AWK and WTRG?
WHA Utilities and Power PCL's ROCE % of 7.46% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. WHA Utilities and Power PCL's value of 7.46% is 7.3% 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 Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 506 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. WHA Utilities and Power PCL's current ROCE % of 7.46% is 7.3% 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 Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA Utilities and Power PCL's current ROCE % is 7.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Utilities and Power PCL stock overvalued right now?
Based on GuruFocus' analysis, WHA Utilities and Power PCL (BKK:WHAUP) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.34, compared to a current price of ฿7.20 — trading 34.8% above its estimated fair value. The current ROCE % is 7.46% and 7.3% above the Utilities - Regulated industry median of 6.96. WHA Utilities and Power PCL's overall GF Score™ is 83/100 with 11 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 WHA Utilities and Power PCL (BKK:WHAUP), the current ROCE % is 7.46% 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 WHA Utilities and Power PCL (BKK:WHAUP) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Utilities and Power PCL stock appears to be overvalued. The current stock price of ฿7.20 is trading 34.8% above its estimated GF Value™ of ฿5.34. GuruFocus considers WHA Utilities and Power PCL to be Significantly Overvalued.

Key valuation signals for BKK:WHAUP:

  • ROCE %: 7.46%
  • GF Value™: ฿5.34 vs. price of ฿7.20 (34.8% above fair value)
  • GF Score™: 83/100 with 11 warning signs
  • Industry Position: 7.3% above the Utilities - Regulated median

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

WHA Utilities and Power PCL Business Description

Address Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA Tower 22nd floor, Unit 2203-2205, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Utilities and Power PCL is an integrated utility product and service provider. The group's principal business operations are providing potable water, raw water, clarified water, wastewater treatment, power business, and holding company. It operates in two segments: Water, which generates the vast majority of the company's revenue; and Power, and both segments are segregated into domestic and overseas. Geographically, it generates the majority of its revenue from the domestic market.
83GF Score

Get the complete analysis for BKK:WHAUP

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

฿7.20
Price
฿5.34
GF Value