NTF Intergroup (Thailand) PCL (BKK:NTF) ROIC %: 18.84% (As of Mar. 2026)

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BKK:NTF NTF Intergroup (Thailand) PCL BKK:NTF
19 GF Score
Price ฿14.50
! 1 Warning Sign
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What is NTF Intergroup (Thailand) PCL ROIC %?

NTF Intergroup (Thailand) PCL BKK:NTF -0.68% 19 ROIC % is 18.84% as of Mar. 2026. GuruFocus rates BKK:NTF with a GF Score™ of 19/100. The stock has 1 warning sign 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 %. NTF Intergroup (Thailand) PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 18.84%.

As of today (2026-07-28), NTF Intergroup (Thailand) PCL's WACC % is 10.44%. NTF Intergroup (Thailand) PCL's ROIC % is 50.10% (calculated using TTM income statement data). NTF Intergroup (Thailand) 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.


NTF Intergroup (Thailand) PCL  (BKK:NTF) 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, NTF Intergroup (Thailand) PCL's WACC % is 10.44%. NTF Intergroup (Thailand) PCL's ROIC % is 50.10% (calculated using TTM income statement data). NTF Intergroup (Thailand) 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.


NTF Intergroup (Thailand) PCL ROIC % Related Terms


NTF Intergroup (Thailand) PCL ROIC % Historical Data

* Premium members only.

The historical data trend for NTF Intergroup (Thailand) 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.

NTF Intergroup (Thailand) PCL ROIC % Chart

NTF Intergroup (Thailand) PCL Annual Data
Trend Dec24 Dec25
ROIC %
35.49 62.73

NTF Intergroup (Thailand) PCL Quarterly Data
Jun24 Sep24 Dec24 Jun25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial 15.71 215.35 39.62 25.99 18.84

BKK:NTF vs SYY, USFD, PFGC: ROIC % Comparison

For the Food Distribution subindustry, NTF Intergroup (Thailand) 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.


NTF Intergroup (Thailand) PCL ROIC % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, NTF Intergroup (Thailand) PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where NTF Intergroup (Thailand) PCL's ROIC % falls into.


BKK:NTF
19GF Score
NTF Intergroup (Thailand) PCL BKK:NTF
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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NTF Intergroup (Thailand) PCL ROIC % Calculation

NTF Intergroup (Thailand) 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 )
=288.543 * ( 1 - 20.12% )/( (202.16 + 532.728)/ 2 )
=230.4881484/367.444
=62.73 %

where

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))
=703.302 - 56.121 - ( 114.453 - max(0, 227.334 - 607.714+114.453))
=532.728

NTF Intergroup (Thailand) 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 )
=141.248 * ( 1 - 20.18% )/( (532.728 + 664.441)/ 2 )
=112.7441536/598.5845
=18.84 %

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))
=703.302 - 56.121 - ( 114.453 - max(0, 227.334 - 607.714+114.453))
=532.728

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 18.84% mean?
NTF Intergroup (Thailand) PCL (BKK:NTF) has a ROIC % of 18.84% 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 NTF Intergroup (Thailand) PCL and its competitors.
Is NTF Intergroup (Thailand) PCL's ROIC % too high?
NTF Intergroup (Thailand) PCL's current ROIC % is 18.84%. The Retail - Defensive industry median ROIC % is 5.79. NTF Intergroup (Thailand) PCL's value of 18.84% is 225.7% above this industry median. Overall, NTF Intergroup (Thailand) PCL has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does NTF Intergroup (Thailand) PCL's ROIC % compare to SYY and USFD?
NTF Intergroup (Thailand) PCL's ROIC % of 18.84% can be compared against companies in the Retail - Defensive industry. The industry median ROIC % is 5.79. NTF Intergroup (Thailand) PCL's value of 18.84% is 225.7% 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 Retail - Defensive company?
The median ROIC % among Retail - Defensive companies is 5.79, based on 308 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. NTF Intergroup (Thailand) PCL's current ROIC % of 18.84% is 225.7% 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 NTF Intergroup (Thailand) PCL and its competitors. For the Retail - Defensive industry, the median ROIC % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTF Intergroup (Thailand) PCL's current ROIC % is 18.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTF Intergroup (Thailand) PCL stock overvalued right now?
NTF Intergroup (Thailand) PCL (BKK:NTF) has a current ROIC % of 18.84%. The current ROIC % is 18.84% and 225.7% above the Retail - Defensive industry median of 5.79. NTF Intergroup (Thailand) PCL's overall GF Score™ is 19/100 with 1 warning sign 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 NTF Intergroup (Thailand) PCL (BKK:NTF), the current ROIC % is 18.84% 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.

NTF Intergroup (Thailand) PCL Business Description

Address Unit No. 1211-1213 Wireless Road, 12nd Floor, 195 One Bangkok Tower 4, Lumpini Pathumwan, Bangkok, THA, 10330
NTF Intergroup (Thailand) PCL is engaged in the distribution of fresh and frozen fruits. The fruits exported by the company include c, longan, coconut, and more. The company sources Thai fruits from local farmers and ensures its packaging and distribution in the domestic and international market. It includes products such as durian and longan, and also coconut.
19GF Score

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

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