QTC Energy PCL (BKK:QTC) ROIC %: -1.36% (As of Mar. 2026)


BKK:QTC QTC Energy PCL BKK:QTC
75 GF Score
Price ฿4.58
GF Value ฿5.11
Valuation Modestly Undervalued
! 14 Warning Signs
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What is QTC Energy PCL ROIC %?

QTC Energy PCL BKK:QTC -0.43% 75 ROIC % is -1.36% as of Mar. 2026. GuruFocus rates BKK:QTC with a GF Score™ of 75/100 and a GF Value™ of ฿5.11 (Modestly Undervalued). The stock has 14 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 %. QTC Energy PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -1.36%.

As of today (2026-07-02), QTC Energy PCL's WACC % is 6.00%. QTC Energy PCL's ROIC % is 1.25% (calculated using TTM income statement data). QTC Energy PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


QTC Energy PCL  (BKK:QTC) 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, QTC Energy PCL's WACC % is 6.00%. QTC Energy PCL's ROIC % is 1.25% (calculated using TTM income statement data). QTC Energy 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.


QTC Energy PCL ROIC % Related Terms


QTC Energy PCL ROIC % Historical Data

* Premium members only.

The historical data trend for QTC Energy 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.

QTC Energy PCL ROIC % Chart

QTC Energy 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 12.25 1.65 6.60 10.32 2.20

QTC Energy 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 1.33 -3.19 0.35 9.66 -1.36

BKK:QTC vs VRT, BE: ROIC % Comparison

For the Electrical Equipment & Parts subindustry, QTC Energy 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.


QTC Energy PCL ROIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, QTC Energy PCL's ROIC % distribution charts can be found below:

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


BKK:QTC
75GF Score
QTC Energy PCL BKK:QTC
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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QTC Energy PCL ROIC % Calculation

QTC Energy 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 )
=43.535 * ( 1 - 28.48% )/( (1192.841 + 1641.447)/ 2 )
=31.136232/1417.144
=2.20 %

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))
=1997.957 - 257.133 - ( 547.983 - max(0, 318.265 - 1248.835+547.983))
=1192.841

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))
=2351.81 - 262.141 - ( 448.222 - max(0, 718.971 - 1350.144+448.222))
=1641.447

QTC Energy 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 )
=-25.512 * ( 1 - 7.52% )/( (1641.447 + 1839.214)/ 2 )
=-23.5934976/1740.3305
=-1.36 %

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))
=2351.81 - 262.141 - ( 448.222 - max(0, 718.971 - 1350.144+448.222))
=1641.447

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))
=2481.508 - 391.775 - ( 250.519 - max(0, 847.387 - 1364.316+250.519))
=1839.214

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 -1.36% mean?
QTC Energy PCL (BKK:QTC) has a ROIC % of -1.36% 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 QTC Energy PCL and its competitors.
Is QTC Energy PCL's ROIC % too high?
QTC Energy PCL's current ROIC % is -1.36%. Overall, QTC Energy PCL has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QTC Energy PCL's ROIC % compare to VRT and BE?
QTC Energy PCL's ROIC % of -1.36% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.21. 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 Industrial Products company?
The median ROIC % among Industrial Products companies is 5.21, based on 3,033 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. 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 QTC Energy PCL and its competitors. For the Industrial Products industry, the median ROIC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QTC Energy PCL's current ROIC % is -1.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QTC Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, QTC Energy PCL (BKK:QTC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.11, compared to a current price of ฿4.58 — trading 10.4% below its estimated fair value. The current ROIC % is -1.36%. QTC Energy PCL's overall GF Score™ is 75/100 with 14 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 QTC Energy PCL (BKK:QTC), the current ROIC % is -1.36% 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 QTC Energy PCL (BKK:QTC) Overvalued in 2026?

Based on GuruFocus' analysis, QTC Energy PCL stock appears to be undervalued. The current stock price of ฿4.58 is trading 10.4% below its estimated GF Value™ of ฿5.11. GuruFocus considers QTC Energy PCL to be Modestly Undervalued.

Key valuation signals for BKK:QTC:

  • ROIC %: -1.36%
  • GF Value™: ฿5.11 vs. price of ฿4.58 (10.4% below fair value)
  • GF Score™: 75/100 with 14 warning signs

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


QTC Energy PCL Business Description

Address Krungthep Kritha Road, 2/2 Soi Krungthep Kritha 8(5), Huamark, Bangkapi, Bangkok, THA, 10240
QTC Energy PCL is engaged in the business of manufacturing and distributing custom-made transformers and provides various types of services for customers. The company has four segment Manufacturing and sale of electric transformer segment, Sale of electric equipment segment, Generation and sale of electricity segment, Other segments are electric vehicle charging station, construction service and contractor for electrical equipment installation.
75GF Score

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

฿4.58
Price
฿5.11
GF Value