TRAYF (Thai Rayon PCL) ROCE %: 0.53% (As of Mar. 2026)


TRAYF Thai Rayon PCL TRAYF
12 GF Score
Price $1.70
GF Value $2.77
! 5 Warning Signs
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What is Thai Rayon PCL ROCE %?

Thai Rayon PCL TRAYF 12 ROCE % is 0.53% as of Mar. 2026. GuruFocus rates TRAYF with a GF Score™ of 12/100 and a GF Value™ of $2.77. The stock has 5 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 Rayon PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.53%.

Thai Rayon PCL  (OTCPK:TRAYF) 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 Rayon PCL ROCE % Related Terms

Thai Rayon PCL ROCE % Historical Data

* Premium members only.

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

Thai Rayon PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.19 1.94 -5.93 0.25 -5.52

Thai Rayon 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 0.91 -9.79 -1.54 -11.01 0.53
TRAYF
12GF Score
Thai Rayon PCL TRAYF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Rayon PCL ROCE % Calculation

Thai Rayon PCL's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-48.473/( ( (1039.544 - 177.809) + (1004.833 - 111.729) )/ 2 )
=-48.473/( (861.735+893.104)/ 2 )
=-48.473/877.4195
=-5.52 %

Thai Rayon 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 )
=4.88/( ( (1074.119 - 135.709) + (1004.833 - 111.729) )/ 2 )
=4.88/( ( 938.41 + 893.104 )/ 2 )
=4.88/915.757
=0.53 %

(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 0.53% mean?
Thai Rayon PCL (TRAYF) has a ROCE % of 0.53% as of Mar. 2026.
Is Thai Rayon PCL's ROCE % too high?
Thai Rayon PCL's current ROCE % is 0.53%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Thai Rayon PCL's value of 0.53% is 91.4% below this industry median. Overall, Thai Rayon PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thai Rayon PCL's ROCE % compare to competitors?
Thai Rayon PCL's ROCE % of 0.53% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Thai Rayon PCL's value of 0.53% is 91.4% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 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 Rayon PCL's current ROCE % of 0.53% is 91.4% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Rayon PCL's current ROCE % is 0.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Rayon PCL stock overvalued right now?
Thai Rayon PCL (TRAYF) has a current ROCE % of 0.53%. The stock's GF Value™ is $2.77, compared to a current price of $1.70 — trading 38.6% below its estimated fair value. The current ROCE % is 0.53% and 91.4% below the Manufacturing - Apparel & Accessories industry median of 6.14. Thai Rayon PCL's overall GF Score™ is 12/100 with 5 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 Rayon PCL (TRAYF), the current ROCE % is 0.53% 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 Rayon PCL (TRAYF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Rayon PCL stock appears to be undervalued. The current stock price of $1.70 is trading 38.6% below its estimated GF Value™ of $2.77.

Key valuation signals for TRAYF:

  • ROCE %: 0.53%
  • GF Value™: $2.77 vs. price of $1.70 (38.6% below fair value)
  • GF Score™: 12/100 with 5 warning signs
  • Industry Position: 91.4% below the Manufacturing - Apparel & Accessories median

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

Thai Rayon PCL Business Description

Address Ploenchit Road, 16th Floor, 888/160-1 Mahatun Plaza Building, Lumpini, Pathumwan, Bangkok, THA, 10330
Thai Rayon PCL is a company based in Thailand that mainly manufactures viscose rayon staple fiber and anhydrous sodium sulphate for sale in domestic and export markets. The company also produces anhydrous sodium sulphate as a by-product, which is widely used in Thailand by detergent, pulp, glass, leather, and textile industries. Thai Rayon has made investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as various diversification projects in Thailand and overseas. The company's operations focus on a single industry segment, which is the manufacturing and distribution of viscose rayon staple fiber and by-products for both domestic and export markets.
12GF Score

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

$1.70
Price
$2.77
GF Value