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.
M.C.S. Steel PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -986.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for M.C.S. Steel PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:MCS's 3-Year ROIIC % is ranked worse than 99.01% of 606
companies
in the Steel industry
Industry Median: -0.25
vs BKK:MCS: -986.02
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.
M.C.S. Steel PCL 3-Year ROIIC % Related Terms
M.C.S. Steel PCL 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for M.C.S. 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:MCS vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, M.C.S. 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.
M.C.S. Steel PCL 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, M.C.S. Steel PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where M.C.S. Steel 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.
M.C.S. Steel PCL (BKK:MCS) has a 3-Year ROIIC % of -986.02 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 M.C.S. Steel PCL and its competitors. According to the industry distribution chart, M.C.S. Steel PCL ranks #600 out of 606 companies in the Steel industry, placing it in the top 99%.
Is M.C.S. Steel PCL's 3-Year ROIIC % too high?
M.C.S. Steel PCL's current 3-Year ROIIC % is -986.02. Based on the distribution chart, M.C.S. Steel PCL ranks #600 out of 606 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, M.C.S. Steel PCL has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M.C.S. Steel PCL's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, M.C.S. Steel PCL ranks #600 out of 606 companies for 3-Year ROIIC %. This places M.C.S. Steel PCL in the lower half of its industry. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. 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 M.C.S. Steel PCL and its competitors. M.C.S. Steel PCL's current 3-Year ROIIC % is -986.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.C.S. Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, M.C.S. Steel PCL (BKK:MCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.52, compared to a current price of ฿8.00 — trading 22.7% above its estimated fair value. The current 3-Year ROIIC % is -986.02. M.C.S. Steel PCL's overall GF Score™ is 69/100 with 5 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 M.C.S. Steel PCL (BKK:MCS), the current 3-Year ROIIC % is -986.02 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 M.C.S. Steel PCL (BKK:MCS) Overvalued in 2026?
Based on GuruFocus' analysis, M.C.S. Steel PCL stock appears to be overvalued.
The current stock price of ฿8.00 is trading 22.7% above its estimated GF Value™ of ฿6.52.
GuruFocus considers M.C.S. Steel PCL to be Modestly Overvalued.
Key valuation signals for BKK:MCS:
3-Year ROIIC %: -986.02
GF Value™: ฿6.52 vs. price of ฿8.00 (22.7% above fair value)
No single metric tells the full story. See the BKK:MCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M.C.S. Steel PCL is engaged in the production and distribution of structural steel products for building construction and residential development projects for sale. It provides and exports steel structure works for various projects. The company's services include engineering design, parts, and quality control. The company's product and services portfolio includes Fabrication and sale of structural steel of which substantial income is earned, Fabrication including installation of structural steel, and Rendering of services. The business operates in three geographical segments: Thailand, Japan, and China. Key revenue is earned from domestic sales.
69GF Score
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