CPPBY (Central Pattana PCL) ROIC %: 5.92% (As of Mar. 2026)


CPPBY Central Pattana PCL CPPBY
90 GF Score
Price $23.40
GF Value $23.14
! 6 Warning Signs
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What is Central Pattana PCL ROIC %?

Central Pattana PCL CPPBY 90 ROIC % is 5.92% as of Mar. 2026. GuruFocus rates CPPBY with a GF Score™ of 90/100 and a GF Value™ of $23.14. 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 %. Central Pattana PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 5.92%.

As of today (2026-06-25), Central Pattana PCL's WACC % is 8.58%. Central Pattana PCL's ROIC % is 5.72% (calculated using TTM income statement data). Central Pattana PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Central Pattana PCL  (OTCPK:CPPBY) 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, Central Pattana PCL's WACC % is 8.58%. Central Pattana PCL's ROIC % is 5.72% (calculated using TTM income statement data). Central Pattana 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.


Central Pattana PCL ROIC % Related Terms


Central Pattana PCL ROIC % Historical Data

* Premium members only.

The historical data trend for Central Pattana 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.

Central Pattana PCL ROIC % Chart

Central Pattana 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 1.42 3.14 4.61 5.32 5.82

Central Pattana 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 5.48 5.29 5.60 6.20 5.92

Central Pattana PCL ROIC % Competitor Comparison

For the Real Estate - Diversified subindustry, Central Pattana 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.


Central Pattana PCL ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central Pattana PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where Central Pattana PCL's ROIC % falls into.


CPPBY
90GF Score
Central Pattana PCL CPPBY
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Pattana PCL ROIC % Calculation

Central Pattana 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 )
=643.346 * ( 1 - 18.61% )/( (8561.334 + 9417.721)/ 2 )
=523.6193094/8989.5275
=5.82 %

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))
=8909.94 - 329.311 - ( 154.994 - max(0, 1115.658 - 1134.953+154.994))
=8561.334

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))
=9584.25 - 386.847 - ( 278.892 - max(0, 1232.573 - 1012.255+278.892))
=9417.721

Central Pattana 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 )
=676.764 * ( 1 - 17.9% )/( (9417.721 + 9367.056)/ 2 )
=555.623244/9392.3885
=5.92 %

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))
=9584.25 - 386.847 - ( 278.892 - max(0, 1232.573 - 1012.255+278.892))
=9417.721

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))
=9505.817 - 407.76 - ( 324.499 - max(0, 1322.779 - 1053.78+324.499))
=9367.056

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 5.92% mean?
Central Pattana PCL (CPPBY) has a ROIC % of 5.92% 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 Central Pattana PCL and its competitors.
Is Central Pattana PCL's ROIC % too high?
Central Pattana PCL's current ROIC % is 5.92%. The Real Estate industry median ROIC % is 2.19. Central Pattana PCL's value of 5.92% is 170.3% above this industry median. Overall, Central Pattana PCL has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Central Pattana PCL's ROIC % compare to competitors?
Central Pattana PCL's ROIC % of 5.92% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.19. Central Pattana PCL's value of 5.92% is 170.3% 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 Real Estate company?
The median ROIC % among Real Estate companies is 2.19, based on 1,757 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. Central Pattana PCL's current ROIC % of 5.92% is 170.3% 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 Central Pattana PCL and its competitors. For the Real Estate industry, the median ROIC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Pattana PCL's current ROIC % is 5.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Pattana PCL stock overvalued right now?
Central Pattana PCL (CPPBY) has a current ROIC % of 5.92%. The stock's GF Value™ is $23.14, compared to a current price of $23.40 — trading 1.1% above its estimated fair value. The current ROIC % is 5.92% and 170.3% above the Real Estate industry median of 2.19. Central Pattana PCL's overall GF Score™ is 90/100 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 Central Pattana PCL (CPPBY), the current ROIC % is 5.92% 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 Central Pattana PCL (CPPBY) Overvalued in 2026?

Based on GuruFocus' analysis, Central Pattana PCL stock appears to be overvalued. The current stock price of $23.40 is trading 1.1% above its estimated GF Value™ of $23.14.

Key valuation signals for CPPBY:

  • ROIC %: 5.92%
  • GF Value™: $23.14 vs. price of $23.40 (1.1% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 170.3% above the Real Estate median

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


Central Pattana PCL Business Description

Other Exchanges CPN-F:ThailandCPN:Thailand
Address 999/9 Rama I Road, 32nd Floor, Central World Offices, Patumwan District, Bangkok, THA, 10330
Central Pattana PCL is engaged in the development and management of properties, including the construction of office buildings and shopping centers for rent, the provision of utility services within shopping centers, the sale of food and beverages, and the delivery of property management consulting and corporate services. Its segments are the development of shopping center buildings, office buildings, and condominiums for rent, including food center services, utility services, and the operation of playlands and water theme parks, which generate the majority of the company's revenue; the hotel business; and the real estate business, which involves the sale of land, houses, and condominium units. The Group is mainly managed and operates principally in Thailand.
90GF Score

Get the complete analysis for CPPBY

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

$23.40
Price
$23.14
GF Value