Beyond Securities PCLBKK:BYD-R 59 3-Year ROIIC % is 48.21 as of Dec. 2025, which is 829% above its 10-year median of 5.19. GuruFocus rates BKK:BYD-R with a GF Score™ of 59/100 and a GF Value™ of ฿11.14. The stock has 4 warning signs investors should review. Among 653 Capital Markets companies, Beyond Securities PCL ranks better than 86.98% 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.
Beyond Securities PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 48.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Beyond Securities PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:BYD-R's 3-Year ROIIC % is ranked better than 86.98% of 653
companies
in the Capital Markets industry
Industry Median: 2.71
vs BKK:BYD-R: 48.21
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.
Beyond Securities PCL 3-Year ROIIC % Related Terms
Beyond Securities PCL 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Beyond Securities 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.
BKK:BYD-R vs MS, GS, SCHW: 3-Year ROIIC % Comparison
For the Capital Markets subindustry, Beyond Securities 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.
Beyond Securities PCL 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Beyond Securities PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Beyond Securities PCL's 3-Year ROIIC % falls into.
Beyond Securities 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**
=
( -2686.84 (Dec. 2025) - 77.6291604 (Dec. 2022) )
/
( 4470.735 (Dec. 2025) - 10205.419 (Dec. 2022) )
=
-2764.4691604
/
-5734.684
=
48.21%***
* 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.
Beyond Securities PCL (BKK:BYD-R) has a 3-Year ROIIC % of 48.21 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 Beyond Securities PCL and its competitors. This is 829% above median its historical median of 5.19. According to the industry distribution chart, Beyond Securities PCL ranks #85 out of 653 companies in the Capital Markets industry, placing it in the top 13%.
Is Beyond Securities PCL's 3-Year ROIIC % too high?
Beyond Securities PCL's current 3-Year ROIIC % of 48.21 is 829% above median its 10-year median of 5.19. The Capital Markets industry median 3-Year ROIIC % is 2.71. Beyond Securities PCL's value of 48.21 is 1679% above this industry median. Based on the distribution chart, Beyond Securities PCL ranks #85 out of 653 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Beyond Securities PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Beyond Securities PCL's 3-Year ROIIC % compare to MS and GS?
According to the Capital Markets industry distribution chart, Beyond Securities PCL ranks #85 out of 653 companies for 3-Year ROIIC %. This places Beyond Securities PCL in the top 13% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.71. Beyond Securities PCL's value of 48.21 is 1679% above this benchmark. While the company's 10-year median is 5.19 vs. the industry median of 2.71, Beyond Securities PCL 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 Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.71, based on 653 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. Beyond Securities PCL's current 3-Year ROIIC % of 48.21 is 1679% 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 Beyond Securities PCL and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beyond Securities PCL's current 3-Year ROIIC % is 48.21, which is 829% above median its own 10-year median of 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beyond Securities PCL stock overvalued right now?
Beyond Securities PCL (BKK:BYD-R) has a current 3-Year ROIIC % of 48.21. The stock's GF Value™ is ฿11.14, compared to a current price of ฿4.33 — trading 61.1% below its estimated fair value. The current 3-Year ROIIC % is 48.21, which is 829% above median its 10-year median of 5.19 and 1679% above the Capital Markets industry median of 2.71. Beyond Securities PCL's overall GF Score™ is 59/100 with 4 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 Beyond Securities PCL (BKK:BYD-R), the current 3-Year ROIIC % is 48.21 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 Beyond Securities PCL (BKK:BYD-R) Overvalued in 2026?
Based on GuruFocus' analysis, Beyond Securities PCL stock appears to be undervalued.
The current stock price of ฿4.33 is trading 61.1% below its estimated GF Value™ of ฿11.14.
Key valuation signals for BKK:BYD-R:
3-Year ROIIC %: 48.21 (829% above median its 10-year median of 5.19)
GF Value™: ฿11.14 vs. price of ฿4.33 (61.1% below fair value)
Industry Position: 1679% above the Capital Markets median (#85 of 653)
No single metric tells the full story. See the BKK:BYD-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beyond Securities PCL is engaged in the securities business. It offers services such as securities brokerage, securities trading, securities underwriting, investment advisory service, derivatives brokerage, securities borrowing, and lending and private fund management. The Company has two reportable segments which comprise the Securities and Derivative business segment, which provides brokerage and derivative brokerage services, including the investment banking segment, and the Investment business segment, which provides services related to the management of the investment in securities. The majority of the revenue for the company is generated from its Securities and Derivative business segment. The Company generates totally operating revenue in Thailand.
59GF Score
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