THAFF (Thoresen Thai Agencies PCL) ROCE %: 2.86% (As of Mar. 2026)


THAFF Thoresen Thai Agencies PCL THAFF
81 GF Score
Price $0.20
GF Value $0.23
! 6 Warning Signs
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What is Thoresen Thai Agencies PCL ROCE %?

Thoresen Thai Agencies PCL THAFF 81 ROCE % is 2.86% as of Mar. 2026. GuruFocus rates THAFF with a GF Score™ of 81/100 and a GF Value™ of $0.23. 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. Thoresen Thai Agencies PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.86%.

Thoresen Thai Agencies PCL  (OTCPK:THAFF) 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.

Thoresen Thai Agencies PCL ROCE % Related Terms

Thoresen Thai Agencies PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Thoresen Thai Agencies 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.

Thoresen Thai Agencies PCL ROCE % Chart

Thoresen Thai Agencies 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 13.90 11.08 5.61 6.21 5.96

Thoresen Thai Agencies 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 8.88 1.35 8.86 3.57 2.86
THAFF
81GF Score
Thoresen Thai Agencies PCL THAFF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thoresen Thai Agencies PCL ROCE % Calculation

Thoresen Thai Agencies 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 )
=73.091/( ( (1465.3 - 234.343) + (1558.024 - 337.991) )/ 2 )
=73.091/( (1230.957+1220.033)/ 2 )
=73.091/1225.495
=5.96 %

Thoresen Thai Agencies 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 )
=36.56/( ( (1558.024 - 337.991) + (1654.224 - 315.373) )/ 2 )
=36.56/( ( 1220.033 + 1338.851 )/ 2 )
=36.56/1279.442
=2.86 %

(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 2.86% mean?
Thoresen Thai Agencies PCL (THAFF) has a ROCE % of 2.86% as of Mar. 2026.
Is Thoresen Thai Agencies PCL's ROCE % too high?
Thoresen Thai Agencies PCL's current ROCE % is 2.86%. The Conglomerates industry median ROCE % is 6.90. Thoresen Thai Agencies PCL's value of 2.86% is 58.5% below this industry median. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's ROCE % compare to HON and MMM?
Thoresen Thai Agencies PCL's ROCE % of 2.86% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.90. Thoresen Thai Agencies PCL's value of 2.86% is 58.5% 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 6.90, based on 556 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. Thoresen Thai Agencies PCL's current ROCE % of 2.86% is 58.5% 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 Conglomerates industry, the median ROCE % is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current ROCE % is 2.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current ROCE % of 2.86%. The stock's GF Value™ is $0.23, compared to a current price of $0.20 — trading 13% below its estimated fair value. The current ROCE % is 2.86% and 58.5% below the Conglomerates industry median of 6.90. Thoresen Thai Agencies PCL's overall GF Score™ is 81/100 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 Thoresen Thai Agencies PCL (THAFF), the current ROCE % is 2.86% 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?

Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued. The current stock price of $0.20 is trading 13% below its estimated GF Value™ of $0.23.

Key valuation signals for THAFF:

  • ROCE %: 2.86%
  • GF Value™: $0.23 vs. price of $0.20 (13% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 58.5% below the Conglomerates median

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

Thoresen Thai Agencies PCL Business Description

Other Exchanges TTA:ThailandNYVU:Germany
Address Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Soi Chidlom, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
81GF Score

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

$0.20
Price
$0.23
GF Value