Navakij Insurance PCLBKK:NKI-R 61 3-Year ROIIC % is 353.11 as of Dec. 2025, which is 79% above its 10-year median of 197.29. GuruFocus rates BKK:NKI-R with a GF Score™ of 61/100 and a GF Value™ of ฿17.38. The stock has 1 warning sign investors should review. Among 334 Insurance companies, Navakij Insurance PCL ranks better than 98.2% 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.
Navakij Insurance PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 353.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Navakij Insurance PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:NKI-R's 3-Year ROIIC % is ranked better than 98.2% of 334
companies
in the Insurance industry
Industry Median: 5.09
vs BKK:NKI-R: 353.11
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.
Navakij Insurance PCL 3-Year ROIIC % Related Terms
Navakij Insurance PCL 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Navakij Insurance 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:NKI-R vs CB, PGR, TRV: 3-Year ROIIC % Comparison
For the Insurance - Property & Casualty subindustry, Navakij Insurance 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.
Navakij Insurance PCL 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Navakij Insurance PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Navakij Insurance 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.
Navakij Insurance PCL (BKK:NKI-R) has a 3-Year ROIIC % of 353.11 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 Navakij Insurance PCL and its competitors. This is 79% above median its historical median of 197.29. According to the industry distribution chart, Navakij Insurance PCL ranks #6 out of 334 companies in the Insurance industry, placing it in the top 1.8%.
Is Navakij Insurance PCL's 3-Year ROIIC % too high?
Navakij Insurance PCL's current 3-Year ROIIC % of 353.11 is 79% above median its 10-year median of 197.29. The Insurance industry median 3-Year ROIIC % is 5.09. Navakij Insurance PCL's value of 353.11 is 6837.3% above this industry median. Based on the distribution chart, Navakij Insurance PCL ranks #6 out of 334 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Navakij Insurance PCL has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Navakij Insurance PCL's 3-Year ROIIC % compare to CB and PGR?
According to the Insurance industry distribution chart, Navakij Insurance PCL ranks #6 out of 334 companies for 3-Year ROIIC %. This places Navakij Insurance PCL in the top 2% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.09. Navakij Insurance PCL's value of 353.11 is 6837.3% above this benchmark. While the company's 10-year median is 197.29 vs. the industry median of 5.09, Navakij Insurance 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 an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.09, based on 334 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. Navakij Insurance PCL's current 3-Year ROIIC % of 353.11 is 6837.3% 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 Navakij Insurance PCL and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navakij Insurance PCL's current 3-Year ROIIC % is 353.11, which is 79% above median its own 10-year median of 197.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navakij Insurance PCL stock overvalued right now?
Navakij Insurance PCL (BKK:NKI-R) has a current 3-Year ROIIC % of 353.11. The stock's GF Value™ is ฿17.38, compared to a current price of ฿13.00 — trading 25.2% below its estimated fair value. The current 3-Year ROIIC % is 353.11, which is 79% above median its 10-year median of 197.29 and 6837.3% above the Insurance industry median of 5.09. Navakij Insurance PCL's overall GF Score™ is 61/100 with 1 warning sign 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 Navakij Insurance PCL (BKK:NKI-R), the current 3-Year ROIIC % is 353.11 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 Navakij Insurance PCL (BKK:NKI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Navakij Insurance PCL stock appears to be undervalued.
The current stock price of ฿13.00 is trading 25.2% below its estimated GF Value™ of ฿17.38.
Key valuation signals for BKK:NKI-R:
3-Year ROIIC %: 353.11 (79% above median its 10-year median of 197.29)
GF Value™: ฿17.38 vs. price of ฿13.00 (25.2% below fair value)
Industry Position: 6837.3% above the Insurance median (#6 of 334)
No single metric tells the full story. See the BKK:NKI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navakij Insurance PCL is engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The company operates its business in Thailand only.
61GF Score
Get the complete analysis for BKK:NKI-R
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:NKI-R has been successfully added to your 
