Thai Kin Co (ROCO:6629) 3-Year ROIIC % : 23.58% (As of Dec. 2025) — 50% Below Median

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ROCO:6629 Thai Kin Co Ltd ROCO:6629
92 GF Score
Price NT$105.50
GF Value NT$108.05
Valuation Fairly Valued
! 3 Warning Signs
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What is Thai Kin Co 3-Year ROIIC %?

Thai Kin Co ROCO:6629 -0.94% 92 3-Year ROIIC % is 23.58 as of Dec. 2025, which is 50% below its 10-year median of 47.12. GuruFocus rates ROCO:6629 with a GF Score™ of 92/100 and a GF Value™ of NT$108.05 (Fairly Valued). The stock has 3 warning signs investors should review. Among 408 Furnishings, Fixtures & Appliances companies, Thai Kin Co ranks better than 75.49% 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. Thai Kin Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 23.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Thai Kin Co's 3-Year ROIIC % or its related term are showing as below:

ROCO:6629's 3-Year ROIIC % is ranked better than
75.49% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.825 vs ROCO:6629: 23.58

Thai Kin Co  (ROCO:6629) 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.


Thai Kin Co 3-Year ROIIC % Related Terms


Thai Kin Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Thai Kin Co'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.

Thai Kin Co 3-Year ROIIC % Chart

Thai Kin Co 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 53.80 767.32 55.75 -361.45 23.58

Thai Kin Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -361.45 0.00 0.00 0.00 23.58

ROCO:6629 vs SN, SGI, MHK: 3-Year ROIIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Thai Kin Co'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.


Thai Kin Co 3-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Thai Kin Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Thai Kin Co's 3-Year ROIIC % falls into.


ROCO:6629
92GF Score
Thai Kin Co Ltd ROCO:6629
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Kin Co 3-Year ROIIC % Calculation

Thai Kin Co'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**
=( 274.2644611 (Dec. 2025) - 163.0101388 (Dec. 2022) )/( 1444.122 (Dec. 2025) - 972.383 (Dec. 2022) )
=111.2543223/471.739
=23.58%***

* 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 23.58 mean?
Thai Kin Co (ROCO:6629) has a 3-Year ROIIC % of 23.58 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 Thai Kin Co and its competitors. This is 50% below median its historical median of 47.12. According to the industry distribution chart, Thai Kin Co ranks #100 out of 408 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 24.5%.
Is Thai Kin Co's 3-Year ROIIC % too high?
Thai Kin Co's current 3-Year ROIIC % of 23.58 is 50% below median its 10-year median of 47.12. The Furnishings, Fixtures & Appliances industry median 3-Year ROIIC % is 1.83. Thai Kin Co's value of 23.58 is 1192.1% above this industry median. Based on the distribution chart, Thai Kin Co ranks #100 out of 408 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Kin Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's 3-Year ROIIC % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Thai Kin Co ranks #100 out of 408 companies for 3-Year ROIIC %. This places Thai Kin Co in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.83. Thai Kin Co's value of 23.58 is 1192.1% above this benchmark. While the company's 10-year median is 47.12 vs. the industry median of 1.83, Thai Kin Co 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 Furnishings, Fixtures & Appliances company?
The median 3-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 1.83, based on 408 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. Thai Kin Co's current 3-Year ROIIC % of 23.58 is 1192.1% 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 Thai Kin Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 3-Year ROIIC % is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Kin Co's current 3-Year ROIIC % is 23.58, which is 50% below median its own 10-year median of 47.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Fairly Valued. The stock's GF Value™ is NT$108.05, compared to a current price of NT$105.50 — trading 2.4% below its estimated fair value. The current 3-Year ROIIC % is 23.58, which is 50% below median its 10-year median of 47.12 and 1192.1% above the Furnishings, Fixtures & Appliances industry median of 1.83. Thai Kin Co's overall GF Score™ is 92/100 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 Thai Kin Co (ROCO:6629), the current 3-Year ROIIC % is 23.58 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 Thai Kin Co (ROCO:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Kin Co stock appears to be undervalued. The current stock price of NT$105.50 is trading 2.4% below its estimated GF Value™ of NT$108.05. GuruFocus considers Thai Kin Co to be Fairly Valued.

Key valuation signals for ROCO:6629:

  • 3-Year ROIIC %: 23.58 (50% below median its 10-year median of 47.12)
  • GF Value™: NT$108.05 vs. price of NT$105.50 (2.4% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 1192.1% above the Furnishings, Fixtures & Appliances median (#100 of 408)

No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Kin Co Business Description

Address No.152, Songjiang Road, 13th Floor, Room A, Section 3, Zhongshan District, Taipei, TWN, 104
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
92GF Score

Get the complete analysis for ROCO:6629

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

NT$105.50
Price
NT$108.05
GF Value