Bualuang Office Leasehold REIT (BKK:B-WORK) 1-Year ROIIC % : 21.02% (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BKK:B-WORK Bualuang Office Leasehold REIT BKK:B-WORK
62 GF Score
Price ฿6.15
GF Value ฿3.93
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Bualuang Office Leasehold REIT 1-Year ROIIC %?

Bualuang Office Leasehold REIT BKK:B-WORK 62 1-Year ROIIC % is 21.02 as of Jun. 2026. GuruFocus rates BKK:B-WORK with a GF Score™ of 62/100 and a GF Value™ of ฿3.93 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 704 REITs companies, Bualuang Office Leasehold REIT ranks better than 84.23% on this metric.

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Bualuang Office Leasehold REIT's 1-Year ROIIC % for the quarter that ended in Jun. 2026 was 21.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Bualuang Office Leasehold REIT's 1-Year ROIIC % or its related term are showing as below:

BKK:B-WORK's 1-Year ROIIC % is ranked better than
84.23% of 704 companies
in the REITs industry
Industry Median: 2.665 vs BKK:B-WORK: 21.02

Bualuang Office Leasehold REIT  (BKK:B-WORK) 1-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.


Bualuang Office Leasehold REIT 1-Year ROIIC % Related Terms


Bualuang Office Leasehold REIT 1-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Bualuang Office Leasehold REIT's 1-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.

Bualuang Office Leasehold REIT 1-Year ROIIC % Chart

Bualuang Office Leasehold REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
1-Year ROIIC %
Get a 7-Day Free Trial 8.44 4.04 -1.66 3.65 55.12

Bualuang Office Leasehold REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
1-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 6.99 637.18 55.12 117.99 21.02

BKK:B-WORK vs BXP, ARE, VNO: 1-Year ROIIC % Comparison

For the REIT - Office subindustry, Bualuang Office Leasehold REIT's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Bualuang Office Leasehold REIT 1-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, Bualuang Office Leasehold REIT's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Bualuang Office Leasehold REIT's 1-Year ROIIC % falls into.


BKK:B-WORK
62GF Score
Bualuang Office Leasehold REIT BKK:B-WORK
1-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bualuang Office Leasehold REIT 1-Year ROIIC % Calculation

Bualuang Office Leasehold REIT's 1-Year ROIIC % for the quarter that ended in Jun. 2026 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 327.985 (Jun. 2026) - 353.219 (Jun. 2025) )/( 4232.593 (Jun. 2026) - 4352.66 (Jun. 2025) )
=-25.234/-120.067
=21.02%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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 1-Year ROIIC % →
What does a 1-Year ROIIC % of 21.02 mean?
Bualuang Office Leasehold REIT (BKK:B-WORK) has a 1-Year ROIIC % of 21.02 as of Jun. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Bualuang Office Leasehold REIT and its competitors. According to the industry distribution chart, Bualuang Office Leasehold REIT ranks #111 out of 704 companies in the REITs industry, placing it in the top 15.8%.
Is Bualuang Office Leasehold REIT's 1-Year ROIIC % too high?
Bualuang Office Leasehold REIT's current 1-Year ROIIC % is 21.02. The REITs industry median 1-Year ROIIC % is 2.67. Bualuang Office Leasehold REIT's value of 21.02 is 688.7% above this industry median. Based on the distribution chart, Bualuang Office Leasehold REIT ranks #111 out of 704 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Bualuang Office Leasehold REIT has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bualuang Office Leasehold REIT's 1-Year ROIIC % compare to BXP and ARE?
According to the REITs industry distribution chart, Bualuang Office Leasehold REIT ranks #111 out of 704 companies for 1-Year ROIIC %. This places Bualuang Office Leasehold REIT in the top 16% of its industry — outperforming the majority of peers. The industry median 1-Year ROIIC % is 2.67. Bualuang Office Leasehold REIT's value of 21.02 is 688.7% 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 1-Year ROIIC % for a REITs company?
The median 1-Year ROIIC % among REITs companies is 2.67, based on 704 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bualuang Office Leasehold REIT's current 1-Year ROIIC % of 21.02 is 688.7% 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Bualuang Office Leasehold REIT and its competitors. For the REITs industry, the median 1-Year ROIIC % is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bualuang Office Leasehold REIT's current 1-Year ROIIC % is 21.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bualuang Office Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Bualuang Office Leasehold REIT (BKK:B-WORK) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.93, compared to a current price of ฿6.15 — trading 56.5% above its estimated fair value. The current 1-Year ROIIC % is 21.02 and 688.7% above the REITs industry median of 2.67. Bualuang Office Leasehold REIT's overall GF Score™ is 62/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For Bualuang Office Leasehold REIT (BKK:B-WORK), the current 1-Year ROIIC % is 21.02 as of Jun. 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 Bualuang Office Leasehold REIT (BKK:B-WORK) Overvalued in 2026?

Based on GuruFocus' analysis, Bualuang Office Leasehold REIT stock appears to be overvalued. The current stock price of ฿6.15 is trading 56.5% above its estimated GF Value™ of ฿3.93. GuruFocus considers Bualuang Office Leasehold REIT to be Significantly Overvalued.

Key valuation signals for BKK:B-WORK:

  • 1-Year ROIIC %: 21.02
  • GF Value™: ฿3.93 vs. price of ฿6.15 (56.5% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 688.7% above the REITs median (#111 of 704)

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


Bualuang Office Leasehold REIT Business Description

Industry Real EstateREITs
Address South Sathorn Road, 175 Sathorn City Tower, 7th, 21st and 26th Floor, Thungmahamek, Sathorn, Bangkok, THA, 10120
Bualuang Office Leasehold REIT is an investment company. The Trust's objectives are to raise funds from investors and use funds to invest in the leasehold properties by lease and/ or sublease under 2 projects as follows: 1. True Tower 1 Project and 2. True Tower 2 Project. The Trust's main operations are derived from rental and service income from investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The Trust has only one geographical segment that operates only in Thailand.
62GF Score

Get the complete analysis for BKK:B-WORK

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

฿6.15
Price
฿3.93
GF Value