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Areeya Property PCLBKK:A 21 3-Year ROIIC % is -42.91 as of Dec. 2025. GuruFocus rates BKK:A with a GF Score™ of 21/100 and a GF Value™ of ฿1.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,664 Real Estate companies, Areeya Property PCL ranks worse than 92.43% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Areeya Property PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -42.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Areeya Property PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:A's 3-Year ROIIC % is ranked worse than 92.43% of 1664
companies
in the Real Estate industry
Industry Median: 2.395
vs BKK:A: -42.91
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.
Areeya Property PCL 3-Year ROIIC % Related Terms
Areeya Property PCL 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Areeya Property PCL's 3-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.
For the Real Estate - Development subindustry, Areeya Property PCL's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Areeya Property PCL 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Areeya Property PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Areeya Property PCL's 3-Year ROIIC % falls into.
Areeya Property PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -373.18 (Dec. 2025) - 193.5078888 (Dec. 2022) )
/
( 13571.94 (Dec. 2025) - 12251.152 (Dec. 2022) )
=
-566.6878888
/
1320.788
=
-42.91%***
* 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 3-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.
Areeya Property PCL (BKK:A) has a 3-Year ROIIC % of -42.91 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Areeya Property PCL and its competitors. According to the industry distribution chart, Areeya Property PCL ranks #1538 out of 1664 companies in the Real Estate industry, placing it in the top 92.4%.
Is Areeya Property PCL's 3-Year ROIIC % too high?
Areeya Property PCL's current 3-Year ROIIC % is -42.91. Based on the distribution chart, Areeya Property PCL ranks #1538 out of 1664 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Areeya Property PCL has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Areeya Property PCL's 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Areeya Property PCL ranks #1538 out of 1664 companies for 3-Year ROIIC %. This places Areeya Property PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 2.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.40, based on 1,664 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Areeya Property PCL and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Areeya Property PCL's current 3-Year ROIIC % is -42.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Areeya Property PCL stock overvalued right now?
Based on GuruFocus' analysis, Areeya Property PCL (BKK:A) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.40, compared to a current price of ฿2.72 — trading 94.3% above its estimated fair value. The current 3-Year ROIIC % is -42.91. Areeya Property PCL's overall GF Score™ is 21/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Areeya Property PCL (BKK:A), the current 3-Year ROIIC % is -42.91 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 Areeya Property PCL (BKK:A) Overvalued in 2026?
Based on GuruFocus' analysis, Areeya Property PCL stock appears to be overvalued.
The current stock price of ฿2.72 is trading 94.3% above its estimated GF Value™ of ฿1.40.
GuruFocus considers Areeya Property PCL to be Significantly Overvalued.
Key valuation signals for BKK:A:
3-Year ROIIC %: -42.91
GF Value™: ฿1.40 vs. price of ฿2.72 (94.3% above fair value)
No single metric tells the full story. See the BKK:A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Areeya Property PCL is a real estate company. The company is engaged in the development of real estate projects, with all projects operated under the name of Areeya. Its projects include single houses, village towns, townhomes, home offices, and condominiums. The company operates solely in Thailand.
21GF Score
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