Tipco Asphalt PCLBKK:TASCO-R 80 3-Year ROIIC % is 86.69 as of Dec. 2025, which is 66% above its 10-year median of 52.16. GuruFocus rates BKK:TASCO-R with a GF Score™ of 80/100 and a GF Value™ of ฿13.42. The stock has 6 warning signs investors should review. Among 380 Building Materials companies, Tipco Asphalt PCL ranks better than 90.26% 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.
Tipco Asphalt PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 86.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tipco Asphalt PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:TASCO-R's 3-Year ROIIC % is ranked better than 90.26% of 380
companies
in the Building Materials industry
Industry Median: 5.185
vs BKK:TASCO-R: 86.69
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.
Tipco Asphalt PCL 3-Year ROIIC % Related Terms
Tipco Asphalt PCL 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tipco Asphalt 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:TASCO-R vs CRH, VMC, MLM: 3-Year ROIIC % Comparison
For the Building Materials subindustry, Tipco Asphalt 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.
Tipco Asphalt PCL 3-Year ROIIC % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tipco Asphalt 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.
Tipco Asphalt PCL (BKK:TASCO-R) has a 3-Year ROIIC % of 86.69 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 Tipco Asphalt PCL and its competitors. This is 66% above median its historical median of 52.16. According to the industry distribution chart, Tipco Asphalt PCL ranks #37 out of 380 companies in the Building Materials industry, placing it in the top 9.7%.
Is Tipco Asphalt PCL's 3-Year ROIIC % too high?
Tipco Asphalt PCL's current 3-Year ROIIC % of 86.69 is 66% above median its 10-year median of 52.16. The Building Materials industry median 3-Year ROIIC % is 5.19. Tipco Asphalt PCL's value of 86.69 is 1571.9% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #37 out of 380 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Tipco Asphalt PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's 3-Year ROIIC % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #37 out of 380 companies for 3-Year ROIIC %. This places Tipco Asphalt PCL in the top 10% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.19. Tipco Asphalt PCL's value of 86.69 is 1571.9% above this benchmark. While the company's 10-year median is 52.16 vs. the industry median of 5.19, Tipco Asphalt 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 Building Materials company?
The median 3-Year ROIIC % among Building Materials companies is 5.19, based on 380 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. Tipco Asphalt PCL's current 3-Year ROIIC % of 86.69 is 1571.9% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median 3-Year ROIIC % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current 3-Year ROIIC % is 86.69, which is 66% above median its own 10-year median of 52.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current 3-Year ROIIC % of 86.69. The stock's GF Value™ is ฿13.42, compared to a current price of ฿13.09 — trading 2.5% below its estimated fair value. The current 3-Year ROIIC % is 86.69, which is 66% above median its 10-year median of 52.16 and 1571.9% above the Building Materials industry median of 5.19. Tipco Asphalt PCL's overall GF Score™ is 80/100 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 Tipco Asphalt PCL (BKK:TASCO-R), the current 3-Year ROIIC % is 86.69 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be undervalued.
The current stock price of ฿13.09 is trading 2.5% below its estimated GF Value™ of ฿13.42.
Key valuation signals for BKK:TASCO-R:
3-Year ROIIC %: 86.69 (66% above median its 10-year median of 52.16)
GF Value™: ฿13.42 vs. price of ฿13.09 (2.5% below fair value)
Industry Position: 1571.9% above the Building Materials median (#37 of 380)
No single metric tells the full story. See the BKK:TASCO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
80GF Score
Get the complete analysis for BKK:TASCO-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:TASCO-R has been successfully added to your 
