Meb PCL (BKK:MEB) ROIC %: 113.99% (As of Mar. 2026)


BKK:MEB Meb Corp PCL BKK:MEB
73 GF Score
Price ฿12.00
GF Value ฿28.56
Valuation Possible Value Trap
! 3 Warning Signs
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What is Meb PCL ROIC %?

Meb PCL BKK:MEB +2.56% 73 ROIC % is 113.99% as of Mar. 2026. GuruFocus rates BKK:MEB with a GF Score™ of 73/100 and a GF Value™ of ฿28.56 (Possible Value Trap). The stock has 3 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 %. Meb PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 113.99%.

As of today (2026-06-30), Meb PCL's WACC % is 6.25%. Meb PCL's ROIC % is 143.49% (calculated using TTM income statement data). Meb 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.


Meb PCL  (BKK:MEB) 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, Meb PCL's WACC % is 6.25%. Meb PCL's ROIC % is 143.49% (calculated using TTM income statement data). Meb 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.


Meb PCL ROIC % Related Terms


Meb PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Meb 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.

Meb PCL ROIC % Chart

Meb PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial 838.42 735.42 655.81 600.35 176.83

Meb PCL Quarterly Data
Dec20 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 580.11 229.59 154.06 99.76 113.99

BKK:MEB vs UBER, SHOP, CRM: ROIC % Comparison

For the Software - Application subindustry, Meb 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.


Meb PCL ROIC % vs Software Industry

For the Software industry and Technology sector, Meb PCL's ROIC % distribution charts can be found below:

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


BKK:MEB
73GF Score
Meb Corp PCL BKK:MEB
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Meb PCL ROIC % Calculation

Meb 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 )
=494.578 * ( 1 - 20.51% )/( (77.903 + 366.746)/ 2 )
=393.1400522/222.3245
=176.83 %

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))
=1748.718 - 244.294 - ( 1606.161 - max(0, 294.019 - 1720.54+1606.161))
=77.903

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))
=1983.627 - 274.49 - ( 1551.266 - max(0, 349.146 - 1691.537+1551.266))
=366.746

Meb 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 )
=518.784 * ( 1 - 19.6% )/( (366.746 + 365.078)/ 2 )
=417.102336/365.912
=113.99 %

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))
=1983.627 - 274.49 - ( 1551.266 - max(0, 349.146 - 1691.537+1551.266))
=366.746

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))
=2099.682 - 283.816 - ( 1658.328 - max(0, 359.176 - 1809.964+1658.328))
=365.078

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 113.99% mean?
Meb PCL (BKK:MEB) has a ROIC % of 113.99% 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 Meb PCL and its competitors.
Is Meb PCL's ROIC % too high?
Meb PCL's current ROIC % is 113.99%. The Software industry median ROIC % is 3.04. Meb PCL's value of 113.99% is 3655.8% above this industry median. Overall, Meb PCL has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meb PCL's ROIC % compare to UBER and SHOP?
Meb PCL's ROIC % of 113.99% can be compared against companies in the Software industry. The industry median ROIC % is 3.04. Meb PCL's value of 113.99% is 3655.8% 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 ROIC % for a Software company?
The median ROIC % among Software companies is 3.04, based on 2,826 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. Meb PCL's current ROIC % of 113.99% is 3655.8% 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 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 Meb PCL and its competitors. For the Software industry, the median ROIC % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meb PCL's current ROIC % is 113.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meb PCL stock overvalued right now?
Based on GuruFocus' analysis, Meb PCL (BKK:MEB) is currently considered Possible Value Trap. The stock's GF Value™ is ฿28.56, compared to a current price of ฿12.00 — trading 58% below its estimated fair value. The current ROIC % is 113.99% and 3655.8% above the Software industry median of 3.04. Meb PCL's overall GF Score™ is 73/100 with 3 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 Meb PCL (BKK:MEB), the current ROIC % is 113.99% 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 Meb PCL (BKK:MEB) Overvalued in 2026?

Based on GuruFocus' analysis, Meb PCL stock appears to be undervalued. The current stock price of ฿12.00 is trading 58% below its estimated GF Value™ of ฿28.56. GuruFocus considers Meb PCL to be Possible Value Trap.

Key valuation signals for BKK:MEB:

  • ROIC %: 113.99%
  • GF Value™: ฿28.56 vs. price of ฿12.00 (58% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 3655.8% above the Software median

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


Meb PCL Business Description

Address Chaeng Watthana Road, 99/27 Moo 4, Software Park Building, 8th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Meb Corp PCL is engaged in the distribution and servicing of e-books, as well as providing consultation on the development of e-book systems. The company also distributes electronic reader devices, conducts computer system inspections, offers consulting and advice on IT-related issues, and provides knowledge on information technology security. The company operates in a single segment: electronic literature services, and is managed and operates in Thailand.
73GF Score

Get the complete analysis for BKK:MEB

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

฿12.00
Price
฿28.56
GF Value