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TPCS PCLBKK:TPCS 77 3-Year ROIIC % is -789.57 as of Dec. 2025. GuruFocus rates BKK:TPCS with a GF Score™ of 77/100 and a GF Value™ of ฿12.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, TPCS PCL ranks worse than 98.72% 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.
TPCS PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -789.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TPCS PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:TPCS's 3-Year ROIIC % is ranked worse than 98.72% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.495
vs BKK:TPCS: -789.57
TPCS PCL (BKK:TPCS) 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.
TPCS PCL 3-Year ROIIC % Related Terms
TPCS PCL 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for TPCS 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.
For the Textile Manufacturing subindustry, TPCS 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.
TPCS PCL 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TPCS PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TPCS PCL's 3-Year ROIIC % falls into.
TPCS 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**
=
( 10.8707292 (Dec. 2025) - 274.343 (Dec. 2022) )
/
( 1906.953 (Dec. 2025) - 1873.584 (Dec. 2022) )
=
-263.4722708
/
33.369
=
-789.57%***
* 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.
TPCS PCL (BKK:TPCS) has a 3-Year ROIIC % of -789.57 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 TPCS PCL and its competitors. According to the industry distribution chart, TPCS PCL ranks #1001 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 98.7%.
Is TPCS PCL's 3-Year ROIIC % too high?
TPCS PCL's current 3-Year ROIIC % is -789.57. Based on the distribution chart, TPCS PCL ranks #1001 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, TPCS PCL has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPCS PCL's 3-Year ROIIC % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TPCS PCL ranks #1001 out of 1014 companies for 3-Year ROIIC %. This places TPCS PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 1.50. 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.50, based on 1,014 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 TPCS PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPCS PCL's current 3-Year ROIIC % is -789.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPCS PCL stock overvalued right now?
Based on GuruFocus' analysis, TPCS PCL (BKK:TPCS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.11, compared to a current price of ฿10.00 — trading 17.4% below its estimated fair value. The current 3-Year ROIIC % is -789.57. TPCS PCL's overall GF Score™ is 77/100 with 3 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 TPCS PCL (BKK:TPCS), the current 3-Year ROIIC % is -789.57 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 TPCS PCL (BKK:TPCS) Overvalued in 2026?
Based on GuruFocus' analysis, TPCS PCL stock appears to be undervalued.
The current stock price of ฿10.00 is trading 17.4% below its estimated GF Value™ of ฿12.11.
GuruFocus considers TPCS PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPCS:
3-Year ROIIC %: -789.57
GF Value™: ฿12.11 vs. price of ฿10.00 (17.4% below fair value)
No single metric tells the full story. See the BKK:TPCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPCS PCL is engaged in the business of manufacturing and distribution of non-woven fabric, products made of non-woven fabric such as automotive parts, air filters, face masks, household products, raw materials of industrial textiles, and outsourcing. Its includes two operating segments: Products for industries, which generate maximum revenue, and Products for sanitation and household and others. Geographically, the company derives a majority of its revenue from the domestic market and also engages in exporting its products to Asia and Africa.
77GF Score
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