Surapon Foods PCL (BKK:SSF) ROIC %: 1.69% (As of Mar. 2026)


BKK:SSF Surapon Foods PCL BKK:SSF
63 GF Score
Price ฿5.05
GF Value ฿7.19
Valuation Possible Value Trap
! 5 Warning Signs
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What is Surapon Foods PCL ROIC %?

Surapon Foods PCL BKK:SSF 63 ROIC % is 1.69% as of Mar. 2026. GuruFocus rates BKK:SSF with a GF Score™ of 63/100 and a GF Value™ of ฿7.19 (Possible Value Trap). 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 %. Surapon Foods PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 1.69%.

As of today (2026-07-13), Surapon Foods PCL's WACC % is 4.57%. Surapon Foods PCL's ROIC % is 6.28% (calculated using TTM income statement data). Surapon Foods 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.


Surapon Foods PCL  (BKK:SSF) 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, Surapon Foods PCL's WACC % is 4.57%. Surapon Foods PCL's ROIC % is 6.28% (calculated using TTM income statement data). Surapon Foods 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.


Surapon Foods PCL ROIC % Related Terms


Surapon Foods PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Surapon Foods 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.

Surapon Foods PCL ROIC % Chart

Surapon Foods 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 10.60 2.87 7.20 8.15 7.00

Surapon Foods 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 4.88 8.82 4.66 8.27 1.69

BKK:SSF vs KHC, GIS: ROIC % Comparison

For the Packaged Foods subindustry, Surapon Foods 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.


Surapon Foods PCL ROIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Surapon Foods PCL's ROIC % distribution charts can be found below:

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


BKK:SSF
63GF Score
Surapon Foods PCL BKK:SSF
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Surapon Foods PCL ROIC % Calculation

Surapon Foods 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 )
=256.341 * ( 1 - 17.17% )/( (3041.838 + 3027.341)/ 2 )
=212.3272503/3034.5895
=7.00 %

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))
=3928.679 - 517.852 - ( 387.302 - max(0, 909.337 - 1278.326+387.302))
=3041.838

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))
=4130.097 - 507.883 - ( 714.456 - max(0, 1007.543 - 1602.416+714.456))
=3027.341

Surapon Foods 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 )
=51.668 * ( 1 - 0.04% )/( (3027.341 + 3067.502)/ 2 )
=51.6473328/3047.4215
=1.69 %

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))
=4130.097 - 507.883 - ( 714.456 - max(0, 1007.543 - 1602.416+714.456))
=3027.341

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))
=4065.875 - 483.725 - ( 665.204 - max(0, 1025.301 - 1539.949+665.204))
=3067.502

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 1.69% mean?
Surapon Foods PCL (BKK:SSF) has a ROIC % of 1.69% 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 Surapon Foods PCL and its competitors.
Is Surapon Foods PCL's ROIC % too high?
Surapon Foods PCL's current ROIC % is 1.69%. The Consumer Packaged Goods industry median ROIC % is 5.16. Surapon Foods PCL's value of 1.69% is 67.2% below this industry median. Overall, Surapon Foods PCL has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Surapon Foods PCL's ROIC % compare to KHC and GIS?
Surapon Foods PCL's ROIC % of 1.69% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.16. Surapon Foods PCL's value of 1.69% is 67.2% 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 a Consumer Packaged Goods company?
The median ROIC % among Consumer Packaged Goods companies is 5.16, based on 1,949 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. Surapon Foods PCL's current ROIC % of 1.69% is 67.2% 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 Surapon Foods PCL and its competitors. For the Consumer Packaged Goods industry, the median ROIC % is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surapon Foods PCL's current ROIC % is 1.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surapon Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, Surapon Foods PCL (BKK:SSF) is currently considered Possible Value Trap. The stock's GF Value™ is ฿7.19, compared to a current price of ฿5.05 — trading 29.8% below its estimated fair value. The current ROIC % is 1.69% and 67.2% below the Consumer Packaged Goods industry median of 5.16. Surapon Foods PCL's overall GF Score™ is 63/100 with 5 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 Surapon Foods PCL (BKK:SSF), the current ROIC % is 1.69% 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 Surapon Foods PCL (BKK:SSF) Overvalued in 2026?

Based on GuruFocus' analysis, Surapon Foods PCL stock appears to be undervalued. The current stock price of ฿5.05 is trading 29.8% below its estimated GF Value™ of ฿7.19. GuruFocus considers Surapon Foods PCL to be Possible Value Trap.

Key valuation signals for BKK:SSF:

  • ROIC %: 1.69%
  • GF Value™: ฿7.19 vs. price of ฿5.05 (29.8% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 67.2% below the Consumer Packaged Goods median

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


Surapon Foods PCL Business Description

Address 247 Moo 1, Teparak Road, Amphur Muang, Tambon Teparak, Samutprakarn Province, Samutprakarn, THA, 10270
Surapon Foods PCL is the manufacturer and distributor of seafoods, finished and semi-finished frozen foods, including ready-to-cook and ready-to-eat. The group operates in two business segments: the manufacturing & distribution of seafood, and finished & semi-finished frozen foods; and Cold storage warehouse & logistic service. The diversity of its products includes the main ingredients (boiled shrimp, sushi shrimp, fish, squid), ready-to-eat (dim sum, deep-fried food, and processed chicken), as well as Halal products under the Farhana brand (dim sum and deep-fried food).
63GF Score

Get the complete analysis for BKK:SSF

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

฿5.05
Price
฿7.19
GF Value