Modernform Group PCL (BKK:MODERN) 3-Year ROIIC % : -4.17% (As of Dec. 2025)

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BKK:MODERN Modernform Group PCL BKK:MODERN
61 GF Score
Price ฿2.02
GF Value ฿2.06
Valuation Fairly Valued
! 6 Warning Signs
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What is Modernform Group PCL 3-Year ROIIC %?

Modernform Group PCL BKK:MODERN -0.98% 61 3-Year ROIIC % is -4.17 as of Dec. 2025. GuruFocus rates BKK:MODERN with a GF Score™ of 61/100 and a GF Value™ of ฿2.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 405 Furnishings, Fixtures & Appliances companies, Modernform Group PCL ranks worse than 60% 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. Modernform Group PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -4.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BKK:MODERN's 3-Year ROIIC % is ranked worse than
60% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.66 vs BKK:MODERN: -4.17

Modernform Group PCL  (BKK:MODERN) 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.


Modernform Group PCL 3-Year ROIIC % Related Terms


Modernform Group PCL 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Modernform Group 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.

Modernform Group PCL 3-Year ROIIC % Chart

Modernform Group 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 4.25 121.39 -101.09 3.91 -4.17

Modernform Group 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 -4.17 0.00

BKK:MODERN vs SN, SGI, MHK: 3-Year ROIIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.


Modernform Group PCL 3-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's 3-Year ROIIC % distribution charts can be found below:

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


BKK:MODERN
61GF Score
Modernform Group PCL BKK:MODERN
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modernform Group PCL 3-Year ROIIC % Calculation

Modernform Group 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**
=( 61.2844056 (Dec. 2025) - 37.7202332 (Dec. 2022) )/( 2093.857 (Dec. 2025) - 2659.468 (Dec. 2022) )
=23.5641724/-565.611
=-4.17%***

* 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 -4.17 mean?
Modernform Group PCL (BKK:MODERN) has a 3-Year ROIIC % of -4.17 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 Modernform Group PCL and its competitors. According to the industry distribution chart, Modernform Group PCL ranks #243 out of 405 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 60%.
Is Modernform Group PCL's 3-Year ROIIC % too high?
Modernform Group PCL's current 3-Year ROIIC % is -4.17. Based on the distribution chart, Modernform Group PCL ranks #243 out of 405 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Modernform Group PCL has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's 3-Year ROIIC % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #243 out of 405 companies for 3-Year ROIIC %. This places Modernform Group PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 1.66. 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 Furnishings, Fixtures & Appliances company?
The median 3-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 1.66, based on 405 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 Modernform Group PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 3-Year ROIIC % is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modernform Group PCL's current 3-Year ROIIC % is -4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.06, compared to a current price of ฿2.02 — trading 1.9% below its estimated fair value. The current 3-Year ROIIC % is -4.17. Modernform Group PCL's overall GF Score™ is 61/100 with 6 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 Modernform Group PCL (BKK:MODERN), the current 3-Year ROIIC % is -4.17 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?

Based on GuruFocus' analysis, Modernform Group PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 1.9% below its estimated GF Value™ of ฿2.06. GuruFocus considers Modernform Group PCL to be Fairly Valued.

Key valuation signals for BKK:MODERN:

  • 3-Year ROIIC %: -4.17
  • GF Value™: ฿2.06 vs. price of ฿2.02 (1.9% below fair value)
  • GF Score™: 61/100 with 6 warning signs

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


Modernform Group PCL Business Description

Address 699 Srinakarindr Road, Modernform Tower, 1st - 4th Floor, Phatthanakan, Suan Luang, Bangkok, THA, 10250
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
61GF Score

Get the complete analysis for BKK:MODERN

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

฿2.02
Price
฿2.06
GF Value