City Steel PCLBKK:CITY-R 50 3-Year ROIIC % is 77.05 as of Jul. 2025, which is 90% above its 10-year median of 40.53. GuruFocus rates BKK:CITY-R with a GF Score™ of 50/100 and a GF Value™ of ฿1.74. The stock has 2 warning signs investors should review. Among 2,944 Industrial Products companies, City Steel PCL ranks better than 91.34% 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.
City Steel PCL's 3-Year ROIIC % for the quarter that ended in Jul. 2025 was 77.05%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for City Steel PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:CITY-R's 3-Year ROIIC % is ranked better than 91.34% of 2944
companies
in the Industrial Products industry
Industry Median: 3.49
vs BKK:CITY-R: 77.05
City Steel PCL (BKK:CITY-R) 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.
City Steel PCL 3-Year ROIIC % Related Terms
City Steel PCL 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for City Steel 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:CITY-R vs ATI, CRS, MLI: 3-Year ROIIC % Comparison
For the Metal Fabrication subindustry, City Steel 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.
City Steel PCL 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, City Steel PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where City Steel PCL's 3-Year ROIIC % falls into.
City Steel PCL's 3-Year ROIIC % for the quarter that ended in Jul. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -46.261 (Jul. 2025) - -14.17 (Jul. 2022) )
/
( 265.102 (Jul. 2025) - 306.754 (Jul. 2022) )
=
-32.091
/
-41.652
=
77.05%***
* 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.
City Steel PCL (BKK:CITY-R) has a 3-Year ROIIC % of 77.05 as of Jul. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on City Steel PCL and its competitors. This is 90% above median its historical median of 40.53. Over the past decade, City Steel PCL's 3-Year ROIIC % has ranged from 14.16 to 87.28. According to the industry distribution chart, City Steel PCL ranks #255 out of 2944 companies in the Industrial Products industry, placing it in the top 8.7%.
Is City Steel PCL's 3-Year ROIIC % too high?
City Steel PCL's current 3-Year ROIIC % of 77.05 is 90% above median its 10-year median of 40.53. Over the past 10 years, this metric has ranged from a low of 14.16 to a high of 87.28. The Industrial Products industry median 3-Year ROIIC % is 3.49. City Steel PCL's value of 77.05 is 2107.7% above this industry median. Based on the distribution chart, City Steel PCL ranks #255 out of 2944 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, City Steel PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does City Steel PCL's 3-Year ROIIC % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, City Steel PCL ranks #255 out of 2944 companies for 3-Year ROIIC %. This places City Steel PCL in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.49. City Steel PCL's value of 77.05 is 2107.7% above this benchmark. Historically, City Steel PCL's own 3-Year ROIIC % has ranged from 14.16 to 87.28 over the past decade. While the company's 10-year median is 40.53 vs. the industry median of 3.49, City Steel 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.49, based on 2,944 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. City Steel PCL's current 3-Year ROIIC % of 77.05 is 2107.7% 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 City Steel PCL and its competitors. For the Industrial Products 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. City Steel PCL's current 3-Year ROIIC % is 77.05, which is 90% above median its own 10-year median of 40.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Steel PCL stock overvalued right now?
City Steel PCL (BKK:CITY-R) has a current 3-Year ROIIC % of 77.05. The stock's GF Value™ is ฿1.74, compared to a current price of ฿1.36 — trading 21.8% below its estimated fair value. The current 3-Year ROIIC % is 77.05, which is 90% above median its 10-year median of 40.53 and 2107.7% above the Industrial Products industry median of 3.49. City Steel PCL's overall GF Score™ is 50/100 with 2 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 City Steel PCL (BKK:CITY-R), the current 3-Year ROIIC % is 77.05 as of Jul. 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 City Steel PCL (BKK:CITY-R) Overvalued in 2026?
Based on GuruFocus' analysis, City Steel PCL stock appears to be undervalued.
The current stock price of ฿1.36 is trading 21.8% below its estimated GF Value™ of ฿1.74.
Key valuation signals for BKK:CITY-R:
3-Year ROIIC %: 77.05 (90% above median its 10-year median of 40.53)
GF Value™: ฿1.74 vs. price of ฿1.36 (21.8% below fair value)
Industry Position: 2107.7% above the Industrial Products median (#255 of 2944)
No single metric tells the full story. See the BKK:CITY-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Steel PCL is principally engaged in the manufacturing and sale of metal structures, storage systems, and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, the company operates only in Thailand.
50GF Score
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