Golden Lime PCL (BKK:SUTHA) ROIC %: 8.06% (As of Mar. 2026)

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BKK:SUTHA Golden Lime PCL BKK:SUTHA
65 GF Score
Price ฿2.72
GF Value ฿2.40
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Golden Lime PCL ROIC %?

Golden Lime PCL BKK:SUTHA +1.49% 65 ROIC % is 8.06% as of Mar. 2026. GuruFocus rates BKK:SUTHA with a GF Score™ of 65/100 and a GF Value™ of ฿2.40 (Modestly Overvalued). The stock has 6 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 %. Golden Lime PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 8.06%.

As of today (2026-07-13), Golden Lime PCL's WACC % is 3.65%. Golden Lime PCL's ROIC % is 0.00% (calculated using TTM income statement data). Golden Lime PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Golden Lime PCL  (BKK:SUTHA) 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, Golden Lime PCL's WACC % is 3.65%. Golden Lime PCL's ROIC % is 0.00% (calculated using TTM income statement data). Golden Lime 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.


Golden Lime PCL ROIC % Related Terms


Golden Lime PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Golden Lime 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.

Golden Lime PCL ROIC % Chart

Golden Lime 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 3.19 3.65 3.33 4.30 1.44

Golden Lime 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 7.09 5.14 -0.25 -7.72 8.06

BKK:SUTHA vs DOW: ROIC % Comparison

For the Chemicals subindustry, Golden Lime 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.


Golden Lime PCL ROIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Golden Lime PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where Golden Lime PCL's ROIC % falls into.


BKK:SUTHA
65GF Score
Golden Lime PCL BKK:SUTHA
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Lime PCL ROIC % Calculation

Golden Lime 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 )
=31.011 * ( 1 - 0% )/( (2105.019 + 2212.962)/ 2 )
=31.011/2158.9905
=1.44 %

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))
=2173.239 - 180.171 - ( 44.713 - max(0, 924.511 - 812.56+44.713))
=2105.019

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))
=2217.816 - 168.004 - ( 45.026 - max(0, 994.112 - 830.962+45.026))
=2212.962

Golden Lime 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 )
=222.476 * ( 1 - 20.81% )/( (2212.962 + 2158.416)/ 2 )
=176.1787444/2185.689
=8.06 %

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))
=2217.816 - 168.004 - ( 45.026 - max(0, 994.112 - 830.962+45.026))
=2212.962

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 8.06% mean?
Golden Lime PCL (BKK:SUTHA) has a ROIC % of 8.06% 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 Golden Lime PCL and its competitors.
Is Golden Lime PCL's ROIC % too high?
Golden Lime PCL's current ROIC % is 8.06%. The Chemicals industry median ROIC % is 4.48. Golden Lime PCL's value of 8.06% is 79.9% above this industry median. Overall, Golden Lime PCL has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golden Lime PCL's ROIC % compare to DOW?
Golden Lime PCL's ROIC % of 8.06% can be compared against companies in the Chemicals industry. The industry median ROIC % is 4.48. Golden Lime PCL's value of 8.06% is 79.9% 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 Chemicals company?
The median ROIC % among Chemicals companies is 4.48, based on 1,577 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. Golden Lime PCL's current ROIC % of 8.06% is 79.9% 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 Golden Lime PCL and its competitors. For the Chemicals industry, the median ROIC % is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Lime PCL's current ROIC % is 8.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Lime PCL stock overvalued right now?
Based on GuruFocus' analysis, Golden Lime PCL (BKK:SUTHA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.40, compared to a current price of ฿2.72 — trading 13.3% above its estimated fair value. The current ROIC % is 8.06% and 79.9% above the Chemicals industry median of 4.48. Golden Lime PCL's overall GF Score™ is 65/100 with 6 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 Golden Lime PCL (BKK:SUTHA), the current ROIC % is 8.06% 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 Golden Lime PCL (BKK:SUTHA) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Lime PCL stock appears to be overvalued. The current stock price of ฿2.72 is trading 13.3% above its estimated GF Value™ of ฿2.40. GuruFocus considers Golden Lime PCL to be Modestly Overvalued.

Key valuation signals for BKK:SUTHA:

  • ROIC %: 8.06%
  • GF Value™: ฿2.40 vs. price of ฿2.72 (13.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 79.9% above the Chemicals median

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


Golden Lime PCL Business Description

Address 89 Cosmo Office Park, Popular Road, 6th Floor, Unit H, Banmai, Pakkret, Nonthaburi, THA, 11120
Golden Lime PCL is a Thailand-based firm that is principally engaged in the manufacturing and distribution of chemical products and the supply, assembly, and installation of equipment. The company is organized into three business segments: The Limestone mining, and manufacture and distribution of industrial chemical products segment, from which the company generates its majority revenue; Engineering consulting services, and designs, supply, assembly, and installation of machinery and equipment segment; The marble mining, and production and distribution of marble products segment. Geographically, the company operates in Thailand and Foreign countries.
65GF Score

Get the complete analysis for BKK:SUTHA

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

฿2.72
Price
฿2.40
GF Value