MBK PCL (BKK:MBK) 3-Year ROIIC % : 22.41% (As of Dec. 2025) — 826% Above Median

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BKK:MBK MBK PCL BKK:MBK
77 GF Score
Price ฿21.80
GF Value ฿18.99
Valuation Modestly Overvalued
! 10 Warning Signs
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What is MBK PCL 3-Year ROIIC %?

MBK PCL BKK:MBK -0.46% 77 3-Year ROIIC % is 22.41 as of Dec. 2025, which is 826% above its 10-year median of 2.42. GuruFocus rates BKK:MBK with a GF Score™ of 77/100 and a GF Value™ of ฿18.99 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 530 Conglomerates companies, MBK PCL ranks better than 81.89% 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. MBK PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 22.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BKK:MBK's 3-Year ROIIC % is ranked better than
81.89% of 530 companies
in the Conglomerates industry
Industry Median: 1.61 vs BKK:MBK: 22.41

MBK PCL  (BKK:MBK) 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.


MBK PCL 3-Year ROIIC % Related Terms


MBK PCL 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for MBK 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.

MBK PCL 3-Year ROIIC % Chart

MBK PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.93 -67.10 7.56 10.02 22.41

MBK 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 22.41 0.00

BKK:MBK vs HON, MMM: 3-Year ROIIC % Comparison

For the Conglomerates subindustry, MBK 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.


MBK PCL 3-Year ROIIC % vs Conglomerates Industry

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

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


BKK:MBK
77GF Score
MBK PCL BKK:MBK
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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MBK PCL 3-Year ROIIC % Calculation

MBK 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**
=( 2837.128 (Dec. 2025) - 461.7645991 (Dec. 2022) )/( 60343.572 (Dec. 2025) - 49743.71 (Dec. 2022) )
=2375.3634009/10599.862
=22.41%***

* 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 22.41 mean?
MBK PCL (BKK:MBK) has a 3-Year ROIIC % of 22.41 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 MBK PCL and its competitors. This is 826% above median its historical median of 2.42. According to the industry distribution chart, MBK PCL ranks #96 out of 530 companies in the Conglomerates industry, placing it in the top 18.1%.
Is MBK PCL's 3-Year ROIIC % too high?
MBK PCL's current 3-Year ROIIC % of 22.41 is 826% above median its 10-year median of 2.42. The Conglomerates industry median 3-Year ROIIC % is 1.61. MBK PCL's value of 22.41 is 1291.9% above this industry median. Based on the distribution chart, MBK PCL ranks #96 out of 530 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, MBK PCL has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MBK PCL's 3-Year ROIIC % compare to HON and MMM?
According to the Conglomerates industry distribution chart, MBK PCL ranks #96 out of 530 companies for 3-Year ROIIC %. This places MBK PCL in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.61. MBK PCL's value of 22.41 is 1291.9% above this benchmark. While the company's 10-year median is 2.42 vs. the industry median of 1.61, MBK 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 Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.61, based on 530 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. MBK PCL's current 3-Year ROIIC % of 22.41 is 1291.9% 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 MBK PCL and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK PCL's current 3-Year ROIIC % is 22.41, which is 826% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK PCL stock overvalued right now?
Based on GuruFocus' analysis, MBK PCL (BKK:MBK) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿18.99, compared to a current price of ฿21.80 — trading 14.8% above its estimated fair value. The current 3-Year ROIIC % is 22.41, which is 826% above median its 10-year median of 2.42 and 1291.9% above the Conglomerates industry median of 1.61. MBK PCL's overall GF Score™ is 77/100 with 10 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 MBK PCL (BKK:MBK), the current 3-Year ROIIC % is 22.41 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 MBK PCL (BKK:MBK) Overvalued in 2026?

Based on GuruFocus' analysis, MBK PCL stock appears to be overvalued. The current stock price of ฿21.80 is trading 14.8% above its estimated GF Value™ of ฿18.99. GuruFocus considers MBK PCL to be Modestly Overvalued.

Key valuation signals for BKK:MBK:

  • 3-Year ROIIC %: 22.41 (826% above median its 10-year median of 2.42)
  • GF Value™: ฿18.99 vs. price of ฿21.80 (14.8% above fair value)
  • GF Score™: 77/100 with 10 warning signs
  • Industry Position: 1291.9% above the Conglomerates median (#96 of 530)

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


MBK PCL Business Description

Address 444 Phayathai Road, 8th Floor, MBK Center Building, Pathumwan, Bangkok, THA, 10330
MBK PCL is engaged in multiple businesses. Its businesses includes Shopping center business, Hotel and tourism business, Golf business, Real estate business, Food solutions business, Financial business, Auction business, Corporate supporting center and other business. Shopping center business engages in the business of rental space to retail tenants in the shopping centers and the business of office space for rent. The hotel and tourism business engages in providing for lodging, food and drink, and other facilities and services related for accommodation and travel. Golf business engages in golf services. Real estate business engages in residential for sale, property management and asset appraisal. Auction business engages in the business of car and motorcycle auction.
77GF Score

Get the complete analysis for BKK:MBK

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

฿21.80
Price
฿18.99
GF Value