ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Asset World PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 1.81%.
As of today (2026-07-11), Asset World PCL's WACC % is 6.66%. Asset World PCL's ROIC % is 1.45% (calculated using TTM income statement data).
Asset World PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Asset World PCL (BKK:AWC) 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, Asset World PCL's WACC % is 6.66%. Asset World PCL's ROIC % is 1.45% (calculated using TTM income statement data).
Asset World 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.
Asset World PCL ROIC % Related Terms
Asset World PCL ROIC % Historical Data
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The historical data trend for Asset World 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.
For the Lodging subindustry, Asset World 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.
Asset World PCL ROIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Asset World PCL's ROIC % distribution charts can be found below:
* The bar in red indicates where Asset World PCL's ROIC % falls into.
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.
Asset World PCL (BKK:AWC) has a ROIC % of 1.81% 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 Asset World PCL and its competitors.
Is Asset World PCL's ROIC % too high?
Asset World PCL's current ROIC % is 1.81%. The Travel & Leisure industry median ROIC % is 3.78. Asset World PCL's value of 1.81% is 52.1% below this industry median. Overall, Asset World PCL has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asset World PCL's ROIC % compare to MAR and HLT?
Asset World PCL's ROIC % of 1.81% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.78. Asset World PCL's value of 1.81% is 52.1% 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 Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.78, based on 830 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. Asset World PCL's current ROIC % of 1.81% is 52.1% 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 Asset World PCL and its competitors. For the Travel & Leisure industry, the median ROIC % is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset World PCL's current ROIC % is 1.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset World PCL stock overvalued right now?
Based on GuruFocus' analysis, Asset World PCL (BKK:AWC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.30, compared to a current price of ฿2.58 — trading 40% below its estimated fair value. The current ROIC % is 1.81% and 52.1% below the Travel & Leisure industry median of 3.78. Asset World PCL's overall GF Score™ is 79/100 with 13 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 Asset World PCL (BKK:AWC), the current ROIC % is 1.81% 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 Asset World PCL (BKK:AWC) Overvalued in 2026?
Based on GuruFocus' analysis, Asset World PCL stock appears to be undervalued.
The current stock price of ฿2.58 is trading 40% below its estimated GF Value™ of ฿4.30.
GuruFocus considers Asset World PCL to be Possible Value Trap.
Key valuation signals for BKK:AWC:
ROIC %: 1.81%
GF Value™: ฿4.30 vs. price of ฿2.58 (40% below fair value)
Industry Position: 52.1% below the Travel & Leisure median
No single metric tells the full story. See the BKK:AWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asset World Corp PCL is engaged in investing and providing management services. Along with its subsidiaries, the company operates in the following reportable segments: Hotel and related services, and Rental and rendering of commercial building services. A majority of its revenue is generated from the Hotel and related services segment, which is engaged in developing and owning various hotel properties across different locations in Thailand. Its portfolio of hotel properties includes Bangkok Marriott Marquis Queen's Park, Chiang Mai Marriott Hotel, Hilton Sukhumvit Bangkok, Le Meridien Bangkok, and others. Geographically, the company operates only in Thailand.
79GF Score
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