Tpi Polene PCL (BKK:TPIPL) 3-Year ROIIC % : -14.12% (As of Dec. 2025)


BKK:TPIPL Tpi Polene PCL BKK:TPIPL
69 GF Score
Price ฿0.82
GF Value ฿1.13
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Tpi Polene PCL 3-Year ROIIC %?

Tpi Polene PCL BKK:TPIPL 69 3-Year ROIIC % is -14.12 as of Dec. 2025. GuruFocus rates BKK:TPIPL with a GF Score™ of 69/100 and a GF Value™ of ฿1.13 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 382 Building Materials companies, Tpi Polene PCL ranks worse than 77.75% 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. Tpi Polene PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -14.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BKK:TPIPL's 3-Year ROIIC % is ranked worse than
77.75% of 382 companies
in the Building Materials industry
Industry Median: 5.185 vs BKK:TPIPL: -14.12

Tpi Polene PCL  (BKK:TPIPL) 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.


Tpi Polene PCL 3-Year ROIIC % Related Terms


Tpi Polene PCL 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Tpi Polene 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.

Tpi Polene PCL 3-Year ROIIC % Chart

Tpi Polene 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 24.91 20.86 -1.10 -19.79 -14.12

Tpi Polene 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 -14.12 0.00

BKK:TPIPL vs CRH, VMC, MLM: 3-Year ROIIC % Comparison

For the Building Materials subindustry, Tpi Polene 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.


Tpi Polene PCL 3-Year ROIIC % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's 3-Year ROIIC % distribution charts can be found below:

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


BKK:TPIPL
69GF Score
Tpi Polene PCL BKK:TPIPL
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tpi Polene PCL 3-Year ROIIC % Calculation

Tpi Polene 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**
=( 4726.9479234 (Dec. 2025) - 8370.4560891 (Dec. 2022) )/( 150795.164 (Dec. 2025) - 124993.375 (Dec. 2022) )
=-3643.5081657/25801.789
=-14.12%***

* 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 -14.12 mean?
Tpi Polene PCL (BKK:TPIPL) has a 3-Year ROIIC % of -14.12 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 Tpi Polene PCL and its competitors. According to the industry distribution chart, Tpi Polene PCL ranks #297 out of 382 companies in the Building Materials industry, placing it in the top 77.7%.
Is Tpi Polene PCL's 3-Year ROIIC % too high?
Tpi Polene PCL's current 3-Year ROIIC % is -14.12. Based on the distribution chart, Tpi Polene PCL ranks #297 out of 382 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tpi Polene PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's 3-Year ROIIC % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tpi Polene PCL ranks #297 out of 382 companies for 3-Year ROIIC %. This places Tpi Polene PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 5.19. 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 382 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 Tpi Polene 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. Tpi Polene PCL's current 3-Year ROIIC % is -14.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.13, compared to a current price of ฿0.82 — trading 27.4% below its estimated fair value. The current 3-Year ROIIC % is -14.12. Tpi Polene PCL's overall GF Score™ is 69/100 with 11 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 Tpi Polene PCL (BKK:TPIPL), the current 3-Year ROIIC % is -14.12 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued. The current stock price of ฿0.82 is trading 27.4% below its estimated GF Value™ of ฿1.13. GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPIPL:

  • 3-Year ROIIC %: -14.12
  • GF Value™: ฿1.13 vs. price of ฿0.82 (27.4% below fair value)
  • GF Score™: 69/100 with 11 warning signs

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


Tpi Polene PCL Business Description

Other Exchanges NVP6:Germany
Address Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
69GF Score

Get the complete analysis for BKK:TPIPL

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

฿0.82
Price
฿1.13
GF Value