Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Finansia X PCL's 1-Year ROIIC % for the quarter that ended in Mar. 2026 was 17.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Finansia X PCL's 1-Year ROIIC % or its related term are showing as below:
BKK:FSX's 1-Year ROIIC % is ranked better than 72.36% of 662
companies
in the Capital Markets industry
Industry Median: 1.94
vs BKK:FSX: 17.40
Finansia X PCL (BKK:FSX) 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.
Finansia X PCL 1-Year ROIIC % Related Terms
Finansia X PCL 1-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Finansia X PCL'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.
BKK:FSX vs MS, GS, SCHW: 1-Year ROIIC % Comparison
For the Capital Markets subindustry, Finansia X PCL'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.
Finansia X PCL 1-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Finansia X PCL's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Finansia X PCL's 1-Year ROIIC % falls into.
Finansia X PCL's 1-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -74.0091 (Mar. 2026) - 114.2567 (Mar. 2025) )
/
( 3095.365 (Mar. 2026) - 4177.598 (Mar. 2025) )
=
-188.2658
/
-1082.233
=
17.40%***
* 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.
Finansia X PCL (BKK:FSX) has a 1-Year ROIIC % of 17.40 as of Mar. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Finansia X PCL and its competitors. According to the industry distribution chart, Finansia X PCL ranks #183 out of 662 companies in the Capital Markets industry, placing it in the top 27.6%.
Is Finansia X PCL's 1-Year ROIIC % too high?
Finansia X PCL's current 1-Year ROIIC % is 17.40. The Capital Markets industry median 1-Year ROIIC % is 1.94. Finansia X PCL's value of 17.40 is 796.9% above this industry median. Based on the distribution chart, Finansia X PCL ranks #183 out of 662 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Finansia X PCL has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finansia X PCL's 1-Year ROIIC % compare to MS and GS?
According to the Capital Markets industry distribution chart, Finansia X PCL ranks #183 out of 662 companies for 1-Year ROIIC %. This puts Finansia X PCL in the upper half of its industry. The industry median 1-Year ROIIC % is 1.94. Finansia X PCL's value of 17.40 is 796.9% 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 Capital Markets company?
The median 1-Year ROIIC % among Capital Markets companies is 1.94, based on 662 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. Finansia X PCL's current 1-Year ROIIC % of 17.40 is 796.9% 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 Finansia X PCL and its competitors. For the Capital Markets industry, the median 1-Year ROIIC % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finansia X PCL's current 1-Year ROIIC % is 17.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finansia X PCL stock overvalued right now?
Based on GuruFocus' analysis, Finansia X PCL (BKK:FSX) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.84, compared to a current price of ฿1.12 — trading 33.3% above its estimated fair value. The current 1-Year ROIIC % is 17.40 and 796.9% above the Capital Markets industry median of 1.94. Finansia X PCL's overall GF Score™ is 14/100 with 4 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 Finansia X PCL (BKK:FSX), the current 1-Year ROIIC % is 17.40 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 Finansia X PCL (BKK:FSX) Overvalued in 2026?
Based on GuruFocus' analysis, Finansia X PCL stock appears to be overvalued.
The current stock price of ฿1.12 is trading 33.3% above its estimated GF Value™ of ฿0.84.
GuruFocus considers Finansia X PCL to be Significantly Overvalued.
Key valuation signals for BKK:FSX:
1-Year ROIIC %: 17.40
GF Value™: ฿0.84 vs. price of ฿1.12 (33.3% above fair value)
Industry Position: 796.9% above the Capital Markets median (#183 of 662)
No single metric tells the full story. See the BKK:FSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finansia X PCL is engaged in investing in or participating in any trading business or businesses, as a shareholder in other limited companies and public limited companies. Its core business is the securities business. Its segments include Securities and derivatives brokerage segment which provide services according to securities brokering, derivative brokering and securities borrowing and lending, Investment banking segment, which provide services according to underwriting, investment advisory and financial advisory, and Proprietary trading segment, which provide services according to investment. The majority of the revenue is derived from Securities and derivatives brokerage segment. The company is operated in only Thailand.
14GF Score
Get the complete analysis for BKK:FSX
1-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:FSX has been successfully added to your 
