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V.L. Enterprise PCLBKK:VL +1.25%42 3-Year ROIIC % is 0.16 as of Dec. 2025, which is 27% below its 10-year median of 0.22. GuruFocus rates BKK:VL with a GF Score™ of 42/100 and a GF Value™ of ฿0.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 938 Transportation companies, V.L. Enterprise PCL ranks worse than 55.44% 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.
V.L. Enterprise PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 0.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for V.L. Enterprise PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:VL's 3-Year ROIIC % is ranked worse than 55.44% of 938
companies
in the Transportation industry
Industry Median: 2.005
vs BKK:VL: 0.16
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.
V.L. Enterprise PCL 3-Year ROIIC % Related Terms
V.L. Enterprise PCL 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for V.L. Enterprise 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 Marine Shipping subindustry, V.L. Enterprise 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.
V.L. Enterprise PCL 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, V.L. Enterprise PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where V.L. Enterprise PCL's 3-Year ROIIC % falls into.
V.L. Enterprise 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**
=
( 55.573176 (Dec. 2025) - 55.950507 (Dec. 2022) )
/
( 1414.818 (Dec. 2025) - 1650.089 (Dec. 2022) )
=
-0.377331
/
-235.271
=
0.16%***
* 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.
V.L. Enterprise PCL (BKK:VL) has a 3-Year ROIIC % of 0.16 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 V.L. Enterprise PCL and its competitors. This is 27% below median its historical median of 0.22. According to the industry distribution chart, V.L. Enterprise PCL ranks #520 out of 938 companies in the Transportation industry, placing it in the top 55.4%.
Is V.L. Enterprise PCL's 3-Year ROIIC % too high?
V.L. Enterprise PCL's current 3-Year ROIIC % of 0.16 is 27% below median its 10-year median of 0.22. The Transportation industry median 3-Year ROIIC % is 2.01. V.L. Enterprise PCL's value of 0.16 is 92% below this industry median. Based on the distribution chart, V.L. Enterprise PCL ranks #520 out of 938 companies in the Transportation industry, which is below the industry midpoint. Overall, V.L. Enterprise PCL has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does V.L. Enterprise PCL's 3-Year ROIIC % compare to competitors?
According to the Transportation industry distribution chart, V.L. Enterprise PCL ranks #520 out of 938 companies for 3-Year ROIIC %. This places V.L. Enterprise PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 2.01. V.L. Enterprise PCL's value of 0.16 is 92% below this benchmark. While the company's 10-year median is 0.22 vs. the industry median of 2.01, V.L. Enterprise PCL has consistently been below 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.01, based on 938 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. V.L. Enterprise PCL's current 3-Year ROIIC % of 0.16 is 92% below 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 V.L. Enterprise PCL and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V.L. Enterprise PCL's current 3-Year ROIIC % is 0.16, which is 27% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V.L. Enterprise PCL stock overvalued right now?
Based on GuruFocus' analysis, V.L. Enterprise PCL (BKK:VL) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.89, compared to a current price of ฿0.81 — trading 9% below its estimated fair value. The current 3-Year ROIIC % is 0.16, which is 27% below median its 10-year median of 0.22 and 92% below the Transportation industry median of 2.01. V.L. Enterprise PCL's overall GF Score™ is 42/100 with 5 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 V.L. Enterprise PCL (BKK:VL), the current 3-Year ROIIC % is 0.16 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 V.L. Enterprise PCL (BKK:VL) Overvalued in 2026?
Based on GuruFocus' analysis, V.L. Enterprise PCL stock appears to be undervalued.
The current stock price of ฿0.81 is trading 9% below its estimated GF Value™ of ฿0.89.
GuruFocus considers V.L. Enterprise PCL to be Fairly Valued.
Key valuation signals for BKK:VL:
3-Year ROIIC %: 0.16 (27% below median its 10-year median of 0.22)
GF Value™: ฿0.89 vs. price of ฿0.81 (9% below fair value)
Industry Position: 92% below the Transportation median (#520 of 938)
No single metric tells the full story. See the BKK:VL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V.L. Enterprise PCL operates a tanker fleet business and provides logistical cargo shipping locally and regionally. It manages the business of transportation services for petroleum and chemical products, covering both domestic and international cargo. The company's operating segment is the oil tanker fleet transportation service. Geographically, the company provides freight services in both domestic and international shipping services in Southeast Asia, generating a vast majority of its revenues from domestic freight charges.
42GF Score
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