THAFF (Thoresen Thai Agencies PCL) 3-Year ROIIC % : -45.89% (As of Dec. 2025)


THAFF Thoresen Thai Agencies PCL THAFF
83 GF Score
Price $0.20
GF Value $0.23
! 6 Warning Signs
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What is Thoresen Thai Agencies PCL 3-Year ROIIC %?

Thoresen Thai Agencies PCL THAFF 83 3-Year ROIIC % is -45.89 as of Dec. 2025. GuruFocus rates THAFF with a GF Score™ of 83/100 and a GF Value™ of $0.23. The stock has 6 warning signs investors should review. Among 527 Conglomerates companies, Thoresen Thai Agencies PCL ranks worse than 90.32% 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. Thoresen Thai Agencies PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -45.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

THAFF's 3-Year ROIIC % is ranked worse than
90.32% of 527 companies
in the Conglomerates industry
Industry Median: 1.59 vs THAFF: -45.89

Thoresen Thai Agencies PCL  (OTCPK:THAFF) 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.


Thoresen Thai Agencies PCL 3-Year ROIIC % Related Terms


Thoresen Thai Agencies PCL 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Thoresen Thai Agencies 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.

Thoresen Thai Agencies PCL 3-Year ROIIC % Chart

Thoresen Thai Agencies 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 -100.50 59.68 20.52 -18.84 -45.89

Thoresen Thai Agencies 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 -45.89 0.00

THAFF vs HON, MMM: 3-Year ROIIC % Comparison

For the Conglomerates subindustry, Thoresen Thai Agencies 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.


Thoresen Thai Agencies PCL 3-Year ROIIC % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Thoresen Thai Agencies PCL's 3-Year ROIIC % falls into.


THAFF
83GF Score
Thoresen Thai Agencies PCL THAFF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thoresen Thai Agencies PCL 3-Year ROIIC % Calculation

Thoresen Thai Agencies 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**
=( 1.5267112 (Dec. 2025) - 95.9279475 (Dec. 2022) )/( 1190.607 (Dec. 2025) - 875.232 (Dec. 2022) )
=-94.4012363/315.375
=-29.93%***

* 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 -45.89 mean?
Thoresen Thai Agencies PCL (THAFF) has a 3-Year ROIIC % of -45.89 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 Thoresen Thai Agencies PCL and its competitors. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #476 out of 527 companies in the Conglomerates industry, placing it in the top 90.3%.
Is Thoresen Thai Agencies PCL's 3-Year ROIIC % too high?
Thoresen Thai Agencies PCL's current 3-Year ROIIC % is -45.89. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #476 out of 527 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's 3-Year ROIIC % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #476 out of 527 companies for 3-Year ROIIC %. This places Thoresen Thai Agencies PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 1.59. 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 Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.59, based on 527 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 Thoresen Thai Agencies PCL and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current 3-Year ROIIC % is -45.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current 3-Year ROIIC % of -45.89. The stock's GF Value™ is $0.23, compared to a current price of $0.20 — trading 13% below its estimated fair value. The current 3-Year ROIIC % is -45.89. Thoresen Thai Agencies PCL's overall GF Score™ is 83/100 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 Thoresen Thai Agencies PCL (THAFF), the current 3-Year ROIIC % is -45.89 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?

Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued. The current stock price of $0.20 is trading 13% below its estimated GF Value™ of $0.23.

Key valuation signals for THAFF:

  • 3-Year ROIIC %: -45.89
  • GF Value™: $0.23 vs. price of $0.20 (13% below fair value)
  • GF Score™: 83/100 with 6 warning signs

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


Thoresen Thai Agencies PCL Business Description

Other Exchanges TTA:ThailandNYVU:Germany
Address Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Soi Chidlom, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
83GF Score

Get the complete analysis for THAFF

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

$0.20
Price
$0.23
GF Value