Civil Engineering PCL (BKK:CIVIL) 3-Year ROIIC % : -20.88% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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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.
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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:CIVIL Civil Engineering PCL BKK:CIVIL
66 GF Score
Price ฿1.16
GF Value ฿1.86
Valuation Possible Value Trap
! 9 Warning Signs
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What is Civil Engineering PCL 3-Year ROIIC %?

Civil Engineering PCL BKK:CIVIL -2.52% 66 3-Year ROIIC % is -20.88 as of Dec. 2025. GuruFocus rates BKK:CIVIL with a GF Score™ of 66/100 and a GF Value™ of ฿1.86 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,686 Construction companies, Civil Engineering PCL ranks worse than 81.49% 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. Civil Engineering PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -20.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Civil Engineering PCL's 3-Year ROIIC % or its related term are showing as below:

BKK:CIVIL's 3-Year ROIIC % is ranked worse than
81.49% of 1686 companies
in the Construction industry
Industry Median: 4.535 vs BKK:CIVIL: -20.88

Civil Engineering PCL  (BKK:CIVIL) 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.


Civil Engineering PCL 3-Year ROIIC % Related Terms


Civil Engineering PCL 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Civil Engineering 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.

Civil Engineering PCL 3-Year ROIIC % Chart

Civil Engineering PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only -4.49 -1.74 0.85 -25.37 -20.88

Civil Engineering PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 -20.88 0.00

BKK:CIVIL vs PWR, FIX, EME: 3-Year ROIIC % Comparison

For the Engineering & Construction subindustry, Civil Engineering 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.


Civil Engineering PCL 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Civil Engineering PCL's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Civil Engineering PCL's 3-Year ROIIC % falls into.


BKK:CIVIL
66GF Score
Civil Engineering PCL BKK:CIVIL
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Civil Engineering PCL 3-Year ROIIC % Calculation

Civil Engineering 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**
=( -51.945 (Dec. 2025) - 51.6099969 (Dec. 2022) )/( 6187.956 (Dec. 2025) - 5691.923 (Dec. 2022) )
=-103.5549969/496.033
=-20.88%***

* 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 -20.88 mean?
Civil Engineering PCL (BKK:CIVIL) has a 3-Year ROIIC % of -20.88 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 Civil Engineering PCL and its competitors. According to the industry distribution chart, Civil Engineering PCL ranks #1374 out of 1686 companies in the Construction industry, placing it in the top 81.5%.
Is Civil Engineering PCL's 3-Year ROIIC % too high?
Civil Engineering PCL's current 3-Year ROIIC % is -20.88. Based on the distribution chart, Civil Engineering PCL ranks #1374 out of 1686 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Civil Engineering PCL has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Civil Engineering PCL's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Civil Engineering PCL ranks #1374 out of 1686 companies for 3-Year ROIIC %. This places Civil Engineering PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 4.54. 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.54, based on 1,686 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 Civil Engineering PCL and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Civil Engineering PCL's current 3-Year ROIIC % is -20.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Civil Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Civil Engineering PCL (BKK:CIVIL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.86, compared to a current price of ฿1.16 — trading 37.6% below its estimated fair value. The current 3-Year ROIIC % is -20.88. Civil Engineering PCL's overall GF Score™ is 66/100 with 9 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 Civil Engineering PCL (BKK:CIVIL), the current 3-Year ROIIC % is -20.88 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 Civil Engineering PCL (BKK:CIVIL) Overvalued in 2026?

Based on GuruFocus' analysis, Civil Engineering PCL stock appears to be undervalued. The current stock price of ฿1.16 is trading 37.6% below its estimated GF Value™ of ฿1.86. GuruFocus considers Civil Engineering PCL to be Possible Value Trap.

Key valuation signals for BKK:CIVIL:

  • 3-Year ROIIC %: -20.88
  • GF Value™: ฿1.86 vs. price of ฿1.16 (37.6% below fair value)
  • GF Score™: 66/100 with 9 warning signs

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


Civil Engineering PCL Business Description

Address Kamphaeng Phet 6 Road, 68/12 CEC Building, 7th Floor, Ladyao, Jatujak, Bangkok, THA, 10900
Civil Engineering PCL is a complete construction service provider. The company operates in three main businesses namely Construction services, Sales of construction materials and Rental services segment. Majority of the revenue is from Construction services segment. The group operates in Thailand.
66GF Score

Get the complete analysis for BKK:CIVIL

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

฿1.16
Price
฿1.86
GF Value