KCE Electronics PCL (BKK:KCE-R) 10-Year ROIIC % : 260.36% (As of Dec. 2025)


BKK:KCE-R KCE Electronics PCL BKK:KCE-R
74 GF Score
Price ฿24.00
GF Value ฿18.07
! 10 Warning Signs
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What is KCE Electronics PCL 10-Year ROIIC %?

KCE Electronics PCL BKK:KCE-R 74 10-Year ROIIC % is 260.36 as of Dec. 2025. GuruFocus rates BKK:KCE-R with a GF Score™ of 74/100 and a GF Value™ of ฿18.07. The stock has 10 warning signs investors should review. Among 2,164 Hardware companies, KCE Electronics PCL ranks better than 97.92% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. KCE Electronics PCL's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 260.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for KCE Electronics PCL's 10-Year ROIIC % or its related term are showing as below:

BKK:KCE-R's 10-Year ROIIC % is ranked better than
97.92% of 2164 companies
in the Hardware industry
Industry Median: 4.345 vs BKK:KCE-R: 260.36

KCE Electronics PCL  (BKK:KCE-R) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


KCE Electronics PCL 10-Year ROIIC % Related Terms


KCE Electronics PCL 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for KCE Electronics PCL's 10-Year ROIIC % 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.

KCE Electronics PCL 10-Year ROIIC % Chart

KCE Electronics PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.18 25.35 13.51 -19.51 260.36

KCE Electronics PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
10-Year ROIIC % 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 0.00 0.00 0.00 260.36 0.00

BKK:KCE-R vs APH, GLW, TEL: 10-Year ROIIC % Comparison

For the Electronic Components subindustry, KCE Electronics PCL's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.


KCE Electronics PCL 10-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where KCE Electronics PCL's 10-Year ROIIC % falls into.


BKK:KCE-R
74GF Score
KCE Electronics PCL BKK:KCE-R
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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KCE Electronics PCL 10-Year ROIIC % Calculation

KCE Electronics PCL's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 880.3401448 (Dec. 2025) - 2300.4245808 (Dec. 2015) )/( 13342.712 (Dec. 2025) - 13888.141 (Dec. 2015) )
=-1420.084436/-545.429
=260.36%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 260.36 mean?
KCE Electronics PCL (BKK:KCE-R) has a 10-Year ROIIC % of 260.36 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on KCE Electronics PCL and its competitors. According to the industry distribution chart, KCE Electronics PCL ranks #45 out of 2164 companies in the Hardware industry, placing it in the top 2.1%.
Is KCE Electronics PCL's 10-Year ROIIC % too high?
KCE Electronics PCL's current 10-Year ROIIC % is 260.36. The Hardware industry median 10-Year ROIIC % is 4.35. KCE Electronics PCL's value of 260.36 is 5892.2% above this industry median. Based on the distribution chart, KCE Electronics PCL ranks #45 out of 2164 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, KCE Electronics PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does KCE Electronics PCL's 10-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, KCE Electronics PCL ranks #45 out of 2164 companies for 10-Year ROIIC %. This places KCE Electronics PCL in the top 2% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 4.35. KCE Electronics PCL's value of 260.36 is 5892.2% 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 10-Year ROIIC % for a Hardware company?
The median 10-Year ROIIC % among Hardware companies is 4.35, based on 2,164 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KCE Electronics PCL's current 10-Year ROIIC % of 260.36 is 5892.2% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on KCE Electronics PCL and its competitors. For the Hardware industry, the median 10-Year ROIIC % is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCE Electronics PCL's current 10-Year ROIIC % is 260.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCE Electronics PCL stock overvalued right now?
KCE Electronics PCL (BKK:KCE-R) has a current 10-Year ROIIC % of 260.36. The stock's GF Value™ is ฿18.07, compared to a current price of ฿24.00 — trading 32.8% above its estimated fair value. The current 10-Year ROIIC % is 260.36 and 5892.2% above the Hardware industry median of 4.35. KCE Electronics PCL's overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For KCE Electronics PCL (BKK:KCE-R), the current 10-Year ROIIC % is 260.36 as of Dec. 2025. 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 KCE Electronics PCL (BKK:KCE-R) Overvalued in 2026?

Based on GuruFocus' analysis, KCE Electronics PCL stock appears to be overvalued. The current stock price of ฿24.00 is trading 32.8% above its estimated GF Value™ of ฿18.07.

Key valuation signals for BKK:KCE-R:

  • 10-Year ROIIC %: 260.36
  • GF Value™: ฿18.07 vs. price of ฿24.00 (32.8% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 5892.2% above the Hardware median (#45 of 2164)

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


KCE Electronics PCL Business Description

Address No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns the majority of its revenue internationally. It has three segments: Manufacturing and distributing of Prepreg and Laminate; Manufacturing and distributing of Printed Circuit Board; and Manufacturing and distributing of Chemical. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of its revenue is earned in Europe.
74GF Score

Get the complete analysis for BKK:KCE-R

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

฿24.00
Price
฿18.07
GF Value