Ornsirin Holding PCL (BKK:ORN) ROIC %: 3.08% (As of Mar. 2026)


BKK:ORN Ornsirin Holding PCL BKK:ORN
32 GF Score
Price ฿0.79
GF Value ฿1.42
Valuation Possible Value Trap
! 8 Warning Signs
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What is Ornsirin Holding PCL ROIC %?

Ornsirin Holding PCL BKK:ORN +1.28% 32 ROIC % is 3.08% as of Mar. 2026. GuruFocus rates BKK:ORN with a GF Score™ of 32/100 and a GF Value™ of ฿1.42 (Possible Value Trap). The stock has 8 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 %. Ornsirin Holding PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 3.08%.

As of today (2026-07-12), Ornsirin Holding PCL's WACC % is 4.33%. Ornsirin Holding PCL's ROIC % is 4.63% (calculated using TTM income statement data). Ornsirin Holding 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.


Ornsirin Holding PCL  (BKK:ORN) 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, Ornsirin Holding PCL's WACC % is 4.33%. Ornsirin Holding PCL's ROIC % is 4.63% (calculated using TTM income statement data). Ornsirin Holding 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.


Ornsirin Holding PCL ROIC % Related Terms


Ornsirin Holding PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Ornsirin Holding 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.

Ornsirin Holding PCL ROIC % Chart

Ornsirin Holding PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
2.97 10.49 5.87 3.68 4.93

Ornsirin Holding PCL Quarterly Data
Dec21 Jun22 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 3.88 2.19 6.11 7.28 3.08

Ornsirin Holding PCL ROIC % Competitor Comparison

For the Real Estate - Development subindustry, Ornsirin Holding 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.


Ornsirin Holding PCL ROIC % vs Real Estate Industry

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

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


BKK:ORN
32GF Score
Ornsirin Holding PCL BKK:ORN
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ornsirin Holding PCL ROIC % Calculation

Ornsirin Holding 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 )
=293.595 * ( 1 - 22.74% )/( (4174.718 + 5026.217)/ 2 )
=226.831497/4600.4675
=4.93 %

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))
=4818.409 - 478.952 - ( 164.739 - max(0, 1847.792 - 4095.394+164.739))
=4174.718

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))
=5932.48 - 677.187 - ( 229.076 - max(0, 2586.208 - 4613.215+229.076))
=5026.217

Ornsirin Holding 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 )
=208.648 * ( 1 - 22.67% )/( (5026.217 + 5439.148)/ 2 )
=161.3474984/5232.6825
=3.08 %

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))
=5932.48 - 677.187 - ( 229.076 - max(0, 2586.208 - 4613.215+229.076))
=5026.217

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))
=6475.745 - 749.614 - ( 286.983 - max(0, 2954.897 - 5081.135+286.983))
=5439.148

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 3.08% mean?
Ornsirin Holding PCL (BKK:ORN) has a ROIC % of 3.08% 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 Ornsirin Holding PCL and its competitors.
Is Ornsirin Holding PCL's ROIC % too high?
Ornsirin Holding PCL's current ROIC % is 3.08%. The Real Estate industry median ROIC % is 2.18. Ornsirin Holding PCL's value of 3.08% is 41.3% above this industry median. Overall, Ornsirin Holding PCL has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ornsirin Holding PCL's ROIC % compare to competitors?
Ornsirin Holding PCL's ROIC % of 3.08% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.18. Ornsirin Holding PCL's value of 3.08% is 41.3% 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 Real Estate company?
The median ROIC % among Real Estate companies is 2.18, based on 1,758 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. Ornsirin Holding PCL's current ROIC % of 3.08% is 41.3% 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 Ornsirin Holding PCL and its competitors. For the Real Estate industry, the median ROIC % is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ornsirin Holding PCL's current ROIC % is 3.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ornsirin Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, Ornsirin Holding PCL (BKK:ORN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.42, compared to a current price of ฿0.79 — trading 44.4% below its estimated fair value. The current ROIC % is 3.08% and 41.3% above the Real Estate industry median of 2.18. Ornsirin Holding PCL's overall GF Score™ is 32/100 with 8 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 Ornsirin Holding PCL (BKK:ORN), the current ROIC % is 3.08% 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 Ornsirin Holding PCL (BKK:ORN) Overvalued in 2026?

Based on GuruFocus' analysis, Ornsirin Holding PCL stock appears to be undervalued. The current stock price of ฿0.79 is trading 44.4% below its estimated GF Value™ of ฿1.42. GuruFocus considers Ornsirin Holding PCL to be Possible Value Trap.

Key valuation signals for BKK:ORN:

  • ROIC %: 3.08%
  • GF Value™: ฿1.42 vs. price of ฿0.79 (44.4% below fair value)
  • GF Score™: 32/100 with 8 warning signs
  • Industry Position: 41.3% above the Real Estate median

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


Ornsirin Holding PCL Business Description

Address 79 Village No. 8, Sunpuloei Sub-district, Doi Saket District, Chiang Mai, THA, 50220
Ornsirin Holding PCL is a Thailand-based holding company. The Company is engaged in the business of real estate development for sale and for lease. The Company is into the business of investment and management services. The Company's projects are located in Chiang Mai. Its project categories includes single houses, condos, townhomes, and shophouses.
32GF Score

Get the complete analysis for BKK:ORN

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

฿0.79
Price
฿1.42
GF Value