Boutique PCL (BKK:BC) ROIC %: 2.05% (As of Mar. 2026)


BKK:BC Boutique Corp PCL BKK:BC
37 GF Score
Price ฿0.62
GF Value ฿0.95
Valuation Possible Value Trap
! 4 Warning Signs
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What is Boutique PCL ROIC %?

Boutique PCL BKK:BC +1.64% 37 ROIC % is 2.05% as of Mar. 2026. GuruFocus rates BKK:BC with a GF Score™ of 37/100 and a GF Value™ of ฿0.95 (Possible Value Trap). The stock has 4 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 %. Boutique PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 2.05%.

As of today (2026-07-04), Boutique PCL's WACC % is 4.20%. Boutique PCL's ROIC % is -1.41% (calculated using TTM income statement data). Boutique PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Boutique PCL  (BKK:BC) 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, Boutique PCL's WACC % is 4.20%. Boutique PCL's ROIC % is -1.41% (calculated using TTM income statement data). Boutique PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


Boutique PCL ROIC % Related Terms


Boutique PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Boutique 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.

Boutique PCL ROIC % Chart

Boutique PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial -4.69 -4.04 -2.47 0.04 -1.78

Boutique 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 -0.80 -4.94 -2.46 -0.51 2.05

Boutique PCL ROIC % Competitor Comparison

For the Real Estate - Diversified subindustry, Boutique 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.


Boutique PCL ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Boutique PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where Boutique PCL's ROIC % falls into.


BKK:BC
37GF Score
Boutique Corp PCL BKK:BC
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Boutique PCL ROIC % Calculation

Boutique 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 )
=-66.646 * ( 1 - 0% )/( (3754.458 + 3726.199)/ 2 )
=-66.646/3740.3285
=-1.78 %

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))
=3888.504 - 212.907 - ( 215.129 - max(0, 456.596 - 377.735+215.129))
=3754.458

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))
=3734.69 - 284.766 - ( 127.52 - max(0, 514.571 - 238.296+127.52))
=3726.199

Boutique 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 )
=77.624 * ( 1 - 0% )/( (3726.199 + 3847.138)/ 2 )
=77.624/3786.6685
=2.05 %

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))
=3734.69 - 284.766 - ( 127.52 - max(0, 514.571 - 238.296+127.52))
=3726.199

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 2.05% mean?
Boutique PCL (BKK:BC) has a ROIC % of 2.05% 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 Boutique PCL and its competitors.
Is Boutique PCL's ROIC % too high?
Boutique PCL's current ROIC % is 2.05%. The Real Estate industry median ROIC % is 2.19. Boutique PCL's value of 2.05% is 6.4% below this industry median. Overall, Boutique PCL has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Boutique PCL's ROIC % compare to competitors?
Boutique PCL's ROIC % of 2.05% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.19. Boutique PCL's value of 2.05% is 6.4% 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 ROIC % for a Real Estate company?
The median ROIC % among Real Estate companies is 2.19, based on 1,755 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. Boutique PCL's current ROIC % of 2.05% is 6.4% 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 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 Boutique PCL and its competitors. For the Real Estate industry, the median ROIC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boutique PCL's current ROIC % is 2.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boutique PCL stock overvalued right now?
Based on GuruFocus' analysis, Boutique PCL (BKK:BC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.95, compared to a current price of ฿0.62 — trading 34.7% below its estimated fair value. The current ROIC % is 2.05% and 6.4% below the Real Estate industry median of 2.19. Boutique PCL's overall GF Score™ is 37/100 with 4 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 Boutique PCL (BKK:BC), the current ROIC % is 2.05% 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 Boutique PCL (BKK:BC) Overvalued in 2026?

Based on GuruFocus' analysis, Boutique PCL stock appears to be undervalued. The current stock price of ฿0.62 is trading 34.7% below its estimated GF Value™ of ฿0.95. GuruFocus considers Boutique PCL to be Possible Value Trap.

Key valuation signals for BKK:BC:

  • ROIC %: 2.05%
  • GF Value™: ฿0.95 vs. price of ฿0.62 (34.7% below fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 6.4% below the Real Estate median

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


Boutique PCL Business Description

Address 170/67, 21st Floor, Ratchadaphisek Road, Soi Sukhumvit 16 (Sammitr), Ocean Tower 1 Building, Klongtoey, Klongtoey, Bangkok, THA, 10110
Boutique Corp PCL is engaged in real estate development, ranging from serviced residences, hotel operations, community malls, sale of real estate projects and real estate investment management services. The operating segments of the group are Hotel business & serviced apartment; Community mall & office building and Management services & others, of which key revenue is derived from the hotel business and serviced apartment segment. The company principally operates in Thailand.
37GF Score

Get the complete analysis for BKK:BC

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

฿0.62
Price
฿0.95
GF Value