AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG) 3-Year ROIIC % : 22.99% (As of Dec. 2025) — 119% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:AIMCG AIM Commercial Growth Freehold And Leasehold REIT BKK:AIMCG
70 GF Score
Price ฿1.72
GF Value ฿2.19
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is AIM Commercial Growth Freehold And Leasehold REIT 3-Year ROIIC %?

AIM Commercial Growth Freehold And Leasehold REIT BKK:AIMCG -0.58% 70 3-Year ROIIC % is 22.99 as of Dec. 2025, which is 119% above its 10-year median of 10.52. GuruFocus rates BKK:AIMCG with a GF Score™ of 70/100 and a GF Value™ of ฿2.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 677 REITs companies, AIM Commercial Growth Freehold And Leasehold REIT ranks better than 91.58% 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. AIM Commercial Growth Freehold And Leasehold REIT's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 22.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for AIM Commercial Growth Freehold And Leasehold REIT's 3-Year ROIIC % or its related term are showing as below:

BKK:AIMCG's 3-Year ROIIC % is ranked better than
91.58% of 677 companies
in the REITs industry
Industry Median: 3.49 vs BKK:AIMCG: 22.99

AIM Commercial Growth Freehold And Leasehold REIT  (BKK:AIMCG) 3-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.


AIM Commercial Growth Freehold And Leasehold REIT 3-Year ROIIC % Related Terms


AIM Commercial Growth Freehold And Leasehold REIT 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for AIM Commercial Growth Freehold And Leasehold REIT'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.

AIM Commercial Growth Freehold And Leasehold REIT 3-Year ROIIC % Chart

AIM Commercial Growth Freehold And Leasehold REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 -45.66 -1.95 34.18 22.99

AIM Commercial Growth Freehold And Leasehold REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-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 22.99 0.00 0.00

BKK:AIMCG vs SPG, O, KIM: 3-Year ROIIC % Comparison

For the REIT - Retail subindustry, AIM Commercial Growth Freehold And Leasehold REIT'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.


AIM Commercial Growth Freehold And Leasehold REIT 3-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, AIM Commercial Growth Freehold And Leasehold REIT's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AIM Commercial Growth Freehold And Leasehold REIT's 3-Year ROIIC % falls into.


BKK:AIMCG
70GF Score
AIM Commercial Growth Freehold And Leasehold REIT BKK:AIMCG
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIM Commercial Growth Freehold And Leasehold REIT 3-Year ROIIC % Calculation

AIM Commercial Growth Freehold And Leasehold REIT'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**
=( 78.253 (Dec. 2025) - 192.671 (Dec. 2022) )/( 2589.963 (Dec. 2025) - 3087.606 (Dec. 2022) )
=-114.418/-497.643
=22.99%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 22.99 mean?
AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG) has a 3-Year ROIIC % of 22.99 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 AIM Commercial Growth Freehold And Leasehold REIT and its competitors. This is 119% above median its historical median of 10.52. According to the industry distribution chart, AIM Commercial Growth Freehold And Leasehold REIT ranks #57 out of 677 companies in the REITs industry, placing it in the top 8.4%.
Is AIM Commercial Growth Freehold And Leasehold REIT's 3-Year ROIIC % too high?
AIM Commercial Growth Freehold And Leasehold REIT's current 3-Year ROIIC % of 22.99 is 119% above median its 10-year median of 10.52. The REITs industry median 3-Year ROIIC % is 3.49. AIM Commercial Growth Freehold And Leasehold REIT's value of 22.99 is 558.7% above this industry median. Based on the distribution chart, AIM Commercial Growth Freehold And Leasehold REIT ranks #57 out of 677 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, AIM Commercial Growth Freehold And Leasehold REIT has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIM Commercial Growth Freehold And Leasehold REIT's 3-Year ROIIC % compare to SPG and O?
According to the REITs industry distribution chart, AIM Commercial Growth Freehold And Leasehold REIT ranks #57 out of 677 companies for 3-Year ROIIC %. This places AIM Commercial Growth Freehold And Leasehold REIT in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.49. AIM Commercial Growth Freehold And Leasehold REIT's value of 22.99 is 558.7% above this benchmark. While the company's 10-year median is 10.52 vs. the industry median of 3.49, AIM Commercial Growth Freehold And Leasehold REIT has consistently been above the industry average. 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 REITs company?
The median 3-Year ROIIC % among REITs companies is 3.49, based on 677 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. AIM Commercial Growth Freehold And Leasehold REIT's current 3-Year ROIIC % of 22.99 is 558.7% 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 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 AIM Commercial Growth Freehold And Leasehold REIT and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIM Commercial Growth Freehold And Leasehold REIT's current 3-Year ROIIC % is 22.99, which is 119% above median its own 10-year median of 10.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIM Commercial Growth Freehold And Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.19, compared to a current price of ฿1.72 — trading 21.5% below its estimated fair value. The current 3-Year ROIIC % is 22.99, which is 119% above median its 10-year median of 10.52 and 558.7% above the REITs industry median of 3.49. AIM Commercial Growth Freehold And Leasehold REIT's overall GF Score™ is 70/100 with 6 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 AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG), the current 3-Year ROIIC % is 22.99 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 AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG) Overvalued in 2026?

Based on GuruFocus' analysis, AIM Commercial Growth Freehold And Leasehold REIT stock appears to be undervalued. The current stock price of ฿1.72 is trading 21.5% below its estimated GF Value™ of ฿2.19. GuruFocus considers AIM Commercial Growth Freehold And Leasehold REIT to be Modestly Undervalued.

Key valuation signals for BKK:AIMCG:

  • 3-Year ROIIC %: 22.99 (119% above median its 10-year median of 10.52)
  • GF Value™: ฿2.19 vs. price of ฿1.72 (21.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 558.7% above the REITs median (#57 of 677)

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


AIM Commercial Growth Freehold And Leasehold REIT Business Description

Industry Real EstateREITs
Address Witthayu Road, No. 93/1, Unit 803, 8th Floor,Tower B, GPF Witthayu Building, Lumphini Subdistrict, Pathumwan District, Bangkok, THA, 10330
AIM Commercial Growth Freehold And Leasehold REIT is a specific closed-end real estate investment trust with an indefinite term. Its objectives are to mobilize funds raised from investors and loans from financial institutions to invest in the freehold or leasehold right of the immovable assets (including sub-leasehold right of immovable assets) and movable assets, which are parts and equipment of the aforesaid immovable assets. The Trust invests in shopping mall buildings, lifestyle malls, office buildings for rent, commercial buildings, food centers, and convention centers. Its portfolio comprises projects like UD Town Project, ROW 55 Project, Village Hub Ratchapruek Project, a community mall, namely Porto Chino Project, and a condominium for commercial use in Noble Solo Project.
70GF Score

Get the complete analysis for BKK:AIMCG

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

฿1.72
Price
฿2.19
GF Value