Asian Marine Services PCL (BKK:ASIMAR) ROIC %: 1.52% (As of Mar. 2026)


BKK:ASIMAR Asian Marine Services PCL BKK:ASIMAR
76 GF Score
Price ฿1.30
GF Value ฿1.91
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Asian Marine Services PCL ROIC %?

Asian Marine Services PCL BKK:ASIMAR -1.52% 76 ROIC % is 1.52% as of Mar. 2026. GuruFocus rates BKK:ASIMAR with a GF Score™ of 76/100 and a GF Value™ of ฿1.91 (Significantly Undervalued). The stock has 5 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Asian Marine Services PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 1.52%.

As of today (2026-06-29), Asian Marine Services PCL's WACC % is 4.49%. Asian Marine Services PCL's ROIC % is 5.30% (calculated using TTM income statement data). Asian Marine Services PCL generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Asian Marine Services PCL  (BKK:ASIMAR) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Asian Marine Services PCL's WACC % is 4.49%. Asian Marine Services PCL's ROIC % is 5.30% (calculated using TTM income statement data). Asian Marine Services PCL generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Asian Marine Services PCL ROIC % Related Terms


Asian Marine Services PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Asian Marine Services PCL's ROIC % 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.

Asian Marine Services PCL ROIC % Chart

Asian Marine Services PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.16 2.20 3.31 7.09 6.05

Asian Marine Services PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 3.78 6.29 10.62 2.25 1.52

BKK:ASIMAR vs SPCX, GE, RTX: ROIC % Comparison

For the Aerospace & Defense subindustry, Asian Marine Services PCL's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asian Marine Services PCL ROIC % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Asian Marine Services PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where Asian Marine Services PCL's ROIC % falls into.


BKK:ASIMAR
76GF Score
Asian Marine Services PCL BKK:ASIMAR
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asian Marine Services PCL ROIC % Calculation

Asian Marine Services PCL's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=60.105 * ( 1 - 22.33% )/( (757.323 + 784.855)/ 2 )
=46.6835535/771.089
=6.05 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=964.356 - 193.206 - ( 69.128 - max(0, 440.819 - 454.646+69.128))
=757.323

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=882.477 - 69.605 - ( 117.749 - max(0, 347.865 - 375.882+117.749))
=784.855

Asian Marine Services PCL's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=16.708 * ( 1 - 29.93% )/( (784.855 + 755.461)/ 2 )
=11.7072956/770.158
=1.52 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=882.477 - 69.605 - ( 117.749 - max(0, 347.865 - 375.882+117.749))
=784.855

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=852.874 - 65.6 - ( 103.838 - max(0, 315.116 - 346.929+103.838))
=755.461

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 1.52% mean?
Asian Marine Services PCL (BKK:ASIMAR) has a ROIC % of 1.52% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Asian Marine Services PCL and its competitors.
Is Asian Marine Services PCL's ROIC % too high?
Asian Marine Services PCL's current ROIC % is 1.52%. The Aerospace & Defense industry median ROIC % is 4.45. Asian Marine Services PCL's value of 1.52% is 65.8% below this industry median. Overall, Asian Marine Services PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Marine Services PCL's ROIC % compare to SPCX and GE?
Asian Marine Services PCL's ROIC % of 1.52% can be compared against companies in the Aerospace & Defense industry. The industry median ROIC % is 4.45. Asian Marine Services PCL's value of 1.52% is 65.8% 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 ROIC % for an Aerospace & Defense company?
The median ROIC % among Aerospace & Defense companies is 4.45, based on 351 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asian Marine Services PCL's current ROIC % of 1.52% is 65.8% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Asian Marine Services PCL and its competitors. For the Aerospace & Defense industry, the median ROIC % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Marine Services PCL's current ROIC % is 1.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Marine Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Marine Services PCL (BKK:ASIMAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿1.91, compared to a current price of ฿1.30 — trading 31.9% below its estimated fair value. The current ROIC % is 1.52% and 65.8% below the Aerospace & Defense industry median of 4.45. Asian Marine Services PCL's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Asian Marine Services PCL (BKK:ASIMAR), the current ROIC % is 1.52% 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 Asian Marine Services PCL (BKK:ASIMAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Marine Services PCL stock appears to be undervalued. The current stock price of ฿1.30 is trading 31.9% below its estimated GF Value™ of ฿1.91. GuruFocus considers Asian Marine Services PCL to be Significantly Undervalued.

Key valuation signals for BKK:ASIMAR:

  • ROIC %: 1.52%
  • GF Value™: ฿1.91 vs. price of ฿1.30 (31.9% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 65.8% below the Aerospace & Defense median

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


Asian Marine Services PCL Business Description

Address 128 Moo 3 Suksawad Road, Laemfapa, Prasamutjedee, Samutprakan, THA, 10290
Asian Marine Services PCL is principally engaged in the shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, engineering construction projects such as steel structures, airport passenger walkways, and oil rig construction, etc. The company and its subsidiaries' business operations involve three principal segments, namely, Ship Repairing, Shipbuilding, and Ship Supply. The majority of the company's revenue is derived from the Ship repairing segment. Geographically, it operates mainly in Thailand.
76GF Score

Get the complete analysis for BKK:ASIMAR

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

฿1.30
Price
฿1.91
GF Value