Prime Road Power PCL (BKK:PRIME) ROIC %: 0.96% (As of Mar. 2026)


What is Prime Road Power PCL ROIC %?

Prime Road Power PCL BKK:PRIME ROIC % is 0.96% as of Mar. 2026. 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 %. Prime Road Power PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 0.96%.

As of today (2026-06-29), Prime Road Power PCL's WACC % is 4.94%. Prime Road Power PCL's ROIC % is 0.14% (calculated using TTM income statement data). Prime Road Power PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Prime Road Power PCL  (BKK:PRIME) 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, Prime Road Power PCL's WACC % is 4.94%. Prime Road Power PCL's ROIC % is 0.14% (calculated using TTM income statement data). Prime Road Power 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.


Prime Road Power PCL ROIC % Related Terms


Prime Road Power PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Prime Road Power 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.

Prime Road Power PCL ROIC % Chart

Prime Road Power 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 0.21 0.15 1.30 1.09 0.40

Prime Road Power 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 1.43 1.11 0.83 -2.13 0.96

Prime Road Power PCL ROIC % Competitor Comparison

For the Utilities - Renewable subindustry, Prime Road Power 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.


Prime Road Power PCL ROIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Prime Road Power PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where Prime Road Power PCL's ROIC % falls into.



Prime Road Power PCL ROIC % Calculation

Prime Road Power 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 )
=36.862 * ( 1 - 0% )/( (9360.636 + 9024.122)/ 2 )
=36.862/9192.379
=0.40 %

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))
=7468.378 - 325.93 - ( 191.924 - max(0, 2999.087 - 780.899+191.924))
=9360.636

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))
=6776.553 - 314.459 - ( 56.799 - max(0, 3970.259 - 1408.231+56.799))
=9024.122

Prime Road Power 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 )
=79.008 * ( 1 - 4.2% )/( (9024.122 + 6685.107)/ 2 )
=75.689664/7854.6145
=0.96 %

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))
=6776.553 - 314.459 - ( 56.799 - max(0, 3970.259 - 1408.231+56.799))
=9024.122

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))
=5943.699 - 254.696 - ( 173.916 - max(0, 1603.997 - 607.893+173.916))
=6685.107

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 0.96% mean?
Prime Road Power PCL (BKK:PRIME) has a ROIC % of 0.96% 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 Prime Road Power PCL and its competitors.
Is Prime Road Power PCL's ROIC % too high?
Prime Road Power PCL's current ROIC % is 0.96%. The Utilities - Independent Power Producers industry median ROIC % is 2.29. Prime Road Power PCL's value of 0.96% is 58.1% below this industry median.
How does Prime Road Power PCL's ROIC % compare to competitors?
Prime Road Power PCL's ROIC % of 0.96% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROIC % is 2.29. Prime Road Power PCL's value of 0.96% is 58.1% 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 Utilities - Independent Power Producers company?
The median ROIC % among Utilities - Independent Power Producers companies is 2.29, based on 429 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. Prime Road Power PCL's current ROIC % of 0.96% is 58.1% 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 Prime Road Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median ROIC % is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Road Power PCL's current ROIC % is 0.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Road Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Prime Road Power PCL (BKK:PRIME) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.09, compared to a current price of ฿0.05 — trading 44.4% below its estimated fair value. The current ROIC % is 0.96% and 58.1% below the Utilities - Independent Power Producers industry median of 2.29. 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 Prime Road Power PCL (BKK:PRIME), the current ROIC % is 0.96% 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.

Prime Road Power PCL Business Description

Address Soi Vibhavadi Rangsit 19, Vibhavadi Rangsit Road, 22nd Floor, 1 TP&T Tower, Chatuchak, Bangkok, THA, 10900
Prime Road Power PCL is a renewable energy project developer. It is engaged in the construction of power plants and the generation of electricity from renewable energy for distribution to individuals, corporations, government agencies, and state-owned enterprises, both domestic and overseas. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.