Siam Technic Concrete PCL (BKK:STECH) ROIC %: 6.27% (As of Dec. 2025)


BKK:STECH Siam Technic Concrete PCL BKK:STECH
82 GF Score
Price ฿1.15
GF Value ฿1.38
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Siam Technic Concrete PCL ROIC %?

Siam Technic Concrete PCL BKK:STECH +0.88% 82 ROIC % is 6.27% as of Dec. 2025. GuruFocus rates BKK:STECH with a GF Score™ of 82/100 and a GF Value™ of ฿1.38 (Modestly Undervalued). The stock has 2 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 %. Siam Technic Concrete PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 6.27%.

As of today (2026-07-05), Siam Technic Concrete PCL's WACC % is 4.58%. Siam Technic Concrete PCL's ROIC % is 6.26% (calculated using TTM income statement data). Siam Technic Concrete 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.


Siam Technic Concrete PCL  (BKK:STECH) 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, Siam Technic Concrete PCL's WACC % is 4.58%. Siam Technic Concrete PCL's ROIC % is 6.26% (calculated using TTM income statement data). Siam Technic Concrete 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.


Siam Technic Concrete PCL ROIC % Related Terms


Siam Technic Concrete PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Siam Technic Concrete 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.

Siam Technic Concrete PCL ROIC % Chart

Siam Technic Concrete PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial 5.13 5.86 5.86 5.58 6.21

Siam Technic Concrete PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 5.09 10.91 4.40 3.34 6.27

BKK:STECH vs CRH, VMC, MLM: ROIC % Comparison

For the Building Materials subindustry, Siam Technic Concrete 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.


Siam Technic Concrete PCL ROIC % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Siam Technic Concrete PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where Siam Technic Concrete PCL's ROIC % falls into.


BKK:STECH
82GF Score
Siam Technic Concrete PCL BKK:STECH
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Technic Concrete PCL ROIC % Calculation

Siam Technic Concrete 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 )
=233.813 * ( 1 - 20.88% )/( (3031.32 + 2925.22)/ 2 )
=184.9928456/2978.27
=6.21 %

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))
=3201.658 - 235.493 - ( 74.464 - max(0, 1087.701 - 1022.546+74.464))
=3031.32

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))
=3091.237 - 212.049 - ( 87.238 - max(0, 997.327 - 951.295+87.238))
=2925.22

Siam Technic Concrete PCL's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=245.296 * ( 1 - 25.14% )/( (2934.641 + 2925.22)/ 2 )
=183.6285856/2929.9305
=6.27 %

where

Invested Capital(Q: Sep. 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))
=3137.072 - 227.834 - ( 72.228 - max(0, 1021.059 - 995.656+72.228))
=2934.641

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))
=3091.237 - 212.049 - ( 87.238 - max(0, 997.327 - 951.295+87.238))
=2925.22

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) 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 6.27% mean?
Siam Technic Concrete PCL (BKK:STECH) has a ROIC % of 6.27% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Siam Technic Concrete PCL and its competitors.
Is Siam Technic Concrete PCL's ROIC % too high?
Siam Technic Concrete PCL's current ROIC % is 6.27%. The Building Materials industry median ROIC % is 3.44. Siam Technic Concrete PCL's value of 6.27% is 82.5% above this industry median. Overall, Siam Technic Concrete PCL has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Technic Concrete PCL's ROIC % compare to CRH and VMC?
Siam Technic Concrete PCL's ROIC % of 6.27% can be compared against companies in the Building Materials industry. The industry median ROIC % is 3.44. Siam Technic Concrete PCL's value of 6.27% is 82.5% 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 Building Materials company?
The median ROIC % among Building Materials companies is 3.44, based on 398 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. Siam Technic Concrete PCL's current ROIC % of 6.27% is 82.5% 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 Siam Technic Concrete PCL and its competitors. For the Building Materials industry, the median ROIC % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Technic Concrete PCL's current ROIC % is 6.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Technic Concrete PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Technic Concrete PCL (BKK:STECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.15 — trading 16.7% below its estimated fair value. The current ROIC % is 6.27% and 82.5% above the Building Materials industry median of 3.44. Siam Technic Concrete PCL's overall GF Score™ is 82/100 with 2 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 Siam Technic Concrete PCL (BKK:STECH), the current ROIC % is 6.27% as of Dec. 2025. 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 Siam Technic Concrete PCL (BKK:STECH) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Technic Concrete PCL stock appears to be undervalued. The current stock price of ฿1.15 is trading 16.7% below its estimated GF Value™ of ฿1.38. GuruFocus considers Siam Technic Concrete PCL to be Modestly Undervalued.

Key valuation signals for BKK:STECH:

  • ROIC %: 6.27%
  • GF Value™: ฿1.38 vs. price of ฿1.15 (16.7% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 82.5% above the Building Materials median

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


Siam Technic Concrete PCL Business Description

Address Ngamwongwan Road, No. 50 Soi Ngam Wong Wan 47, Intersection 20, Thungsonghong Sub-district, Laksi District, Bangkok, THA, 10210
Siam Technic Concrete PCL is engaged in the manufacture of prestressed concrete products and construction contractor service. The firm has two reportable segments namely Sale of goods and services and Construction. The company generates the majority of its revenue from the Sale of goods and service segments. The Company is managed and operates principally in Thailand.
82GF Score

Get the complete analysis for BKK:STECH

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

฿1.15
Price
฿1.38
GF Value