Patrangsit Healthcare Group PCL (BKK:PHG) ROIC %: 16.59% (As of Mar. 2026)

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BKK:PHG Patrangsit Healthcare Group PCL BKK:PHG
43 GF Score
Price ฿10.30
GF Value ฿15.89
Valuation Significantly Undervalued
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What is Patrangsit Healthcare Group PCL ROIC %?

Patrangsit Healthcare Group PCL BKK:PHG +1.98% 43 ROIC % is 16.59% as of Mar. 2026. GuruFocus rates BKK:PHG with a GF Score™ of 43/100 and a GF Value™ of ฿15.89 (Significantly Undervalued).

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Patrangsit Healthcare Group PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 16.59%.

As of today (2026-07-16), Patrangsit Healthcare Group PCL's WACC % is 10.55%. Patrangsit Healthcare Group PCL's ROIC % is 25.56% (calculated using TTM income statement data). Patrangsit Healthcare Group 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.


Patrangsit Healthcare Group PCL  (BKK:PHG) 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, Patrangsit Healthcare Group PCL's WACC % is 10.55%. Patrangsit Healthcare Group PCL's ROIC % is 25.56% (calculated using TTM income statement data). Patrangsit Healthcare Group 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.


Patrangsit Healthcare Group PCL ROIC % Related Terms


Patrangsit Healthcare Group PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Patrangsit Healthcare Group 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.

Patrangsit Healthcare Group PCL ROIC % Chart

Patrangsit Healthcare Group PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
33.80 30.54 25.95 23.98 29.13

Patrangsit Healthcare Group PCL Quarterly Data
Dec21 Mar22 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 29.70 31.94 29.10 24.26 16.59

BKK:PHG vs HCA, THC, DVA: ROIC % Comparison

For the Medical Care Facilities subindustry, Patrangsit Healthcare Group 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.


Patrangsit Healthcare Group PCL ROIC % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patrangsit Healthcare Group PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where Patrangsit Healthcare Group PCL's ROIC % falls into.


BKK:PHG
43GF Score
Patrangsit Healthcare Group PCL BKK:PHG
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Patrangsit Healthcare Group PCL ROIC % Calculation

Patrangsit Healthcare Group 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 )
=388.03 * ( 1 - 20.13% )/( (1065.62 + 1062.458)/ 2 )
=309.919561/1064.039
=29.13 %

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))
=2420.806 - 310.007 - ( 1045.179 - max(0, 315.845 - 1432.6+1045.179))
=1065.62

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))
=2604.094 - 331.627 - ( 1210.009 - max(0, 334.161 - 1647.1+1210.009))
=1062.458

Patrangsit Healthcare Group 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 )
=223.02 * ( 1 - 19.93% )/( (1062.458 + 1090.588)/ 2 )
=178.572114/1076.523
=16.59 %

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))
=2604.094 - 331.627 - ( 1210.009 - max(0, 334.161 - 1647.1+1210.009))
=1062.458

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))
=2688.788 - 368.173 - ( 1230.027 - max(0, 371.368 - 1711.94+1230.027))
=1090.588

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 16.59% mean?
Patrangsit Healthcare Group PCL (BKK:PHG) has a ROIC % of 16.59% 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 Patrangsit Healthcare Group PCL and its competitors.
Is Patrangsit Healthcare Group PCL's ROIC % too high?
Patrangsit Healthcare Group PCL's current ROIC % is 16.59%. The Healthcare Providers & Services industry median ROIC % is 3.13. Patrangsit Healthcare Group PCL's value of 16.59% is 430% above this industry median. Overall, Patrangsit Healthcare Group PCL has a GF Score™ of 43/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Patrangsit Healthcare Group PCL's ROIC % compare to HCA and THC?
Patrangsit Healthcare Group PCL's ROIC % of 16.59% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROIC % is 3.13. Patrangsit Healthcare Group PCL's value of 16.59% is 430% 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 Healthcare Providers & Services company?
The median ROIC % among Healthcare Providers & Services companies is 3.13, based on 669 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. Patrangsit Healthcare Group PCL's current ROIC % of 16.59% is 430% 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 Patrangsit Healthcare Group PCL and its competitors. For the Healthcare Providers & Services industry, the median ROIC % is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrangsit Healthcare Group PCL's current ROIC % is 16.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrangsit Healthcare Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Patrangsit Healthcare Group PCL (BKK:PHG) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿15.89, compared to a current price of ฿10.30 — trading 35.2% below its estimated fair value. The current ROIC % is 16.59% and 430% above the Healthcare Providers & Services industry median of 3.13. Patrangsit Healthcare Group PCL's overall GF Score™ is 43/100. 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 Patrangsit Healthcare Group PCL (BKK:PHG), the current ROIC % is 16.59% 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 Patrangsit Healthcare Group PCL (BKK:PHG) Overvalued in 2026?

Based on GuruFocus' analysis, Patrangsit Healthcare Group PCL stock appears to be undervalued. The current stock price of ฿10.30 is trading 35.2% below its estimated GF Value™ of ฿15.89. GuruFocus considers Patrangsit Healthcare Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:PHG:

  • ROIC %: 16.59%
  • GF Value™: ฿15.89 vs. price of ฿10.30 (35.2% below fair value)
  • GF Score™: 43/100
  • Industry Position: 430% above the Healthcare Providers & Services median

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


Patrangsit Healthcare Group PCL Business Description

Address 733/345, 733/359 Moo 8, Phahonyothin Road, Tambon Khu Khot, Amphoe Lam Luk Ka, Pathum Thani, Bangkok, THA, 12130
Patrangsit Healthcare Group PCL engages in the operations of the hospital business. The company's services include medical services, wardroom, health insurance customer services, corporate customer services and international services. It operates in one main reportable operating segment, which is hospital business and operates in one geographical area, which is Thailand.
43GF Score

Get the complete analysis for BKK:PHG

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

฿10.30
Price
฿15.89
GF Value