Millcon Steel PCL

Millcon Steel PCL ROCE

The Return on Capital Employed (ROCE) of Millcon Steel PCL (MILL.BK) as of Nov 3, 2026 is -575.27 %. In the previous year, Return on Capital Employed (ROCE) was -3.74 % — a change of 15,286.11% (lower).

ROCE

-575.27 %

YoY

15,286.11%

Last updated:

In 2024, Millcon Steel PCL's return on capital employed (ROCE) was -575.27 %, a 15,286.11% increase from the -3.74 % ROCE in the previous year.

The Millcon Steel PCL ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2017
12.57 THB
Jan 1, 2018
-16.30 THB
Jan 1, 2019
6.54 THB
Jan 1, 2020
4.84 THB
Jan 1, 2021
12.11 THB
Jan 1, 2022
3.65 THB
Jan 1, 2023
-3.74 THB
Jan 1, 2024
-575.27 THB
The Millcon Steel PCL ROCE history
YEARROCEYoY
-575.27 %+15,286.11%
-3.74 %-202.40%
3.65 %-69.84%
12.11 %+150.13%
4.84 %-26.03%
6.54 %-140.15%
-16.30 %-229.68%
12.57 %+80.83%
6.95 %-52.48%
14.62 %-165.50%
-22.33 %—

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Millcon Steel PCL Stock analysis

What does Millcon Steel PCL do? Millcon Steel PCL is a leading Thai steel manufacturing company that offers a diverse range of products for the construction, infrastructure, and automotive sectors. Founded in 1998, the company has become a key player in both the local and international markets. The business model of Millcon Steel PCL is based on the production of various steel products such as reinforcement steel, bar steel, and sheet piles. These products are manufactured in several divisions including Construction Steel, Automotive Steel, and Structural Steel. The company emphasizes an innovative and environmentally friendly production approach relying on state-of-the-art technology. As a result, Millcon Steel PCL was among the first in Thailand to successfully install a solid CO2 recovery unit to reduce carbon emissions and offset emissions. The company offers reinforcement steel products for use in the construction industry. Reinforcement steel is an essential component in the construction of buildings, bridges, and other infrastructure works, and is considered a strategic material by the government. Millcon Steel PCL aims to provide a wide range of products in this category to meet the needs of different customers. Among its offerings are reinforcement steel bars, hot-dip galvanized reinforcement steel, and welding wire. In the Automotive Steel segment, Millcon Steel PCL produces various types of forged products, cast products, and pipe products for the automotive sector. The company strives to manufacture a variety of products that meet the needs of different customers in this sector while maintaining the highest standards of quality and efficiency. In the Structural Steel segment, Millcon Steel PCL produces products such as I-beams, angles, channels, T-profiles, tubular structures, and welding wire. These products are suitable for use in a wide range of projects, particularly in the construction industry. The company is constantly working to expand its production capacity and diversify its product range to meet market demands. Millcon Steel PCL places great emphasis on the safety and quality of its products. The company relies on effective quality control to ensure that all products meet the highest standards. State-of-the-art measurement and testing methods are used to ensure compliance with international quality standards. Millcon Steel PCL is a company with a strong growth strategy. The company aims to further expand its presence in both the local and international markets. To achieve this goal, Millcon Steel PCL has made significant investments in new technologies and facilities. In the future, the company will strive to further expand its production capacity and market penetration to meet the growing demand for steel products. In summary, Millcon Steel PCL is a strong company with a diversified product range that focuses on innovative and environmentally friendly production. The company aims to meet the highest standards in terms of quality and efficiency and will continue to play a leading role in the local and international markets in the future. Millcon Steel PCL is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Millcon Steel PCL's Return on Capital Employed (ROCE)

Millcon Steel PCL's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Millcon Steel PCL's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Millcon Steel PCL's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Millcon Steel PCL’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Millcon Steel PCL stock

Return on Capital Employed (ROCE) of Millcon Steel PCL is -575.27 % in 2024.

Return on Capital Employed (ROCE) of Millcon Steel PCL changed from -3.74 % to -575.27 %, representing a 15,286.11% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Millcon Steel PCL since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Millcon Steel PCL with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Millcon Steel PCL

All Key Metrics — Millcon Steel PCL