Earth Tech Environment PCLBKK:ETC-R 72 3-Year ROIIC % is 0.84 as of Dec. 2025, which is at its 10-year median of 0.84. GuruFocus rates BKK:ETC-R with a GF Score™ of 72/100 and a GF Value™ of ฿1.78. The stock has 4 warning signs investors should review. Among 393 Utilities - Independent Power Producers companies, Earth Tech Environment PCL ranks worse than 52.93% 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.
Earth Tech Environment PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 0.84%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Earth Tech Environment PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:ETC-R's 3-Year ROIIC % is ranked worse than 52.93% of 393
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.37
vs BKK:ETC-R: 0.84
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.
Earth Tech Environment PCL 3-Year ROIIC % Related Terms
Earth Tech Environment PCL 3-Year ROIIC % Historical Data
* 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 Utilities - Renewable subindustry, Earth Tech Environment 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.
Earth Tech Environment PCL 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Earth Tech Environment PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Earth Tech Environment PCL's 3-Year ROIIC % falls into.
* 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.
Earth Tech Environment PCL (BKK:ETC-R) has a 3-Year ROIIC % of 0.84 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 Earth Tech Environment PCL and its competitors. This is near median its historical median of 0.84. According to the industry distribution chart, Earth Tech Environment PCL ranks #208 out of 393 companies in the Utilities - Independent Power Producers industry, placing it in the top 52.9%.
Is Earth Tech Environment PCL's 3-Year ROIIC % too high?
Earth Tech Environment PCL's current 3-Year ROIIC % of 0.84 is near median its 10-year median of 0.84. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.37. Earth Tech Environment PCL's value of 0.84 is 38.7% below this industry median. Based on the distribution chart, Earth Tech Environment PCL ranks #208 out of 393 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Earth Tech Environment PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Earth Tech Environment PCL's 3-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Earth Tech Environment PCL ranks #208 out of 393 companies for 3-Year ROIIC %. This places Earth Tech Environment PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 1.37. Earth Tech Environment PCL's value of 0.84 is 38.7% below this benchmark. While the company's 10-year median is 0.84 vs. the industry median of 1.37, Earth Tech Environment PCL has consistently been below 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 Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.37, based on 393 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. Earth Tech Environment PCL's current 3-Year ROIIC % of 0.84 is 38.7% below 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 Earth Tech Environment PCL and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earth Tech Environment PCL's current 3-Year ROIIC % is 0.84, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Tech Environment PCL stock overvalued right now?
Earth Tech Environment PCL (BKK:ETC-R) has a current 3-Year ROIIC % of 0.84. The stock's GF Value™ is ฿1.78, compared to a current price of ฿0.68 — trading 62% below its estimated fair value. The current 3-Year ROIIC % is 0.84, which is near median its 10-year median of 0.84 and 38.7% below the Utilities - Independent Power Producers industry median of 1.37. Earth Tech Environment PCL's overall GF Score™ is 72/100 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 Earth Tech Environment PCL (BKK:ETC-R), the current 3-Year ROIIC % is 0.84 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 Earth Tech Environment PCL (BKK:ETC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Earth Tech Environment PCL stock appears to be undervalued.
The current stock price of ฿0.68 is trading 62% below its estimated GF Value™ of ฿1.78.
Key valuation signals for BKK:ETC-R:
3-Year ROIIC %: 0.84 (near median its 10-year median of 0.84)
GF Value™: ฿1.78 vs. price of ฿0.68 (62% below fair value)
Industry Position: 38.7% below the Utilities - Independent Power Producers median (#208 of 393)
No single metric tells the full story. See the BKK:ETC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Earth Tech Environment PCL is a service provider for the production and distribution of electricity. It produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.
72GF Score
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