Forth PCL (BKK:FORTH-R) 5-Year ROIIC % : 7.12% (As of Dec. 2025)


BKK:FORTH-R Forth Corp PCL BKK:FORTH-R
84 GF Score
Price ฿6.44
GF Value ฿6.11
! 6 Warning Signs
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What is Forth PCL 5-Year ROIIC %?

Forth PCL BKK:FORTH-R 84 5-Year ROIIC % is 7.12 as of Dec. 2025. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿6.11. The stock has 6 warning signs investors should review. Among 493 Conglomerates companies, Forth PCL ranks better than 59.23% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Forth PCL's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 7.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Forth PCL's 5-Year ROIIC % or its related term are showing as below:

BKK:FORTH-R's 5-Year ROIIC % is ranked better than
59.23% of 493 companies
in the Conglomerates industry
Industry Median: 3.87 vs BKK:FORTH-R: 7.12

Forth PCL  (BKK:FORTH-R) 5-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.


Forth PCL 5-Year ROIIC % Related Terms


Forth PCL 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Forth PCL's 5-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.

Forth PCL 5-Year ROIIC % Chart

Forth PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.10 18.37 14.36 -2.67 7.12

Forth PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
5-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 7.12 0.00

BKK:FORTH-R vs HON, MMM: 5-Year ROIIC % Comparison

For the Conglomerates subindustry, Forth PCL's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Forth PCL 5-Year ROIIC % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Forth PCL's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Forth PCL's 5-Year ROIIC % falls into.


BKK:FORTH-R
84GF Score
Forth Corp PCL BKK:FORTH-R
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forth PCL 5-Year ROIIC % Calculation

Forth PCL's 5-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 785.2443232 (Dec. 2025) - 479.4388694 (Dec. 2020) )/( 11119.525 (Dec. 2025) - 6823.689 (Dec. 2020) )
=305.8054538/4295.836
=7.12%***

* 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 5-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 5-Year ROIIC % →
What does a 5-Year ROIIC % of 7.12 mean?
Forth PCL (BKK:FORTH-R) has a 5-Year ROIIC % of 7.12 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Forth PCL and its competitors. According to the industry distribution chart, Forth PCL ranks #201 out of 493 companies in the Conglomerates industry, placing it in the top 40.8%.
Is Forth PCL's 5-Year ROIIC % too high?
Forth PCL's current 5-Year ROIIC % is 7.12. The Conglomerates industry median 5-Year ROIIC % is 3.87. Forth PCL's value of 7.12 is 84% above this industry median. Based on the distribution chart, Forth PCL ranks #201 out of 493 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Forth PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Forth PCL's 5-Year ROIIC % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #201 out of 493 companies for 5-Year ROIIC %. This puts Forth PCL in the upper half of its industry. The industry median 5-Year ROIIC % is 3.87. Forth PCL's value of 7.12 is 84% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Conglomerates company?
The median 5-Year ROIIC % among Conglomerates companies is 3.87, based on 493 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth PCL's current 5-Year ROIIC % of 7.12 is 84% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Forth PCL and its competitors. For the Conglomerates industry, the median 5-Year ROIIC % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current 5-Year ROIIC % is 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth PCL stock overvalued right now?
Forth PCL (BKK:FORTH-R) has a current 5-Year ROIIC % of 7.12. The stock's GF Value™ is ฿6.11, compared to a current price of ฿6.44 — trading 5.4% above its estimated fair value. The current 5-Year ROIIC % is 7.12 and 84% above the Conglomerates industry median of 3.87. Forth PCL's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current 5-Year ROIIC % is 7.12 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 Forth PCL (BKK:FORTH-R) Overvalued in 2026?

Based on GuruFocus' analysis, Forth PCL stock appears to be overvalued. The current stock price of ฿6.44 is trading 5.4% above its estimated GF Value™ of ฿6.11.

Key valuation signals for BKK:FORTH-R:

  • 5-Year ROIIC %: 7.12
  • GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 84% above the Conglomerates median (#201 of 493)

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


Forth PCL Business Description

Other Exchanges FORTH:Thailand
Address 1053/1, Phaholyothin Road, Phayathai, Phayathai, Bangkok, THA, 10400
Forth Corp PCL manufactures and distributes electronic equipment and project work relating to design and install telecommunication equipment. The company's segments include Electronics manufacturing service business sources, manufactures and distributes electronics parts, both work manufactured order and general equipment; Enterprise solutions business bids for project work, sources, subcontracts and install various systems for the government and private sectors; Smart service business provides online financial transaction service and sells products and service through vending machines and provides lending services. The Enterprise solutions business derives the majority of the revenue. Geographically it operates in Thailand, Netherlands, United States of America, and Others.
84GF Score

Get the complete analysis for BKK:FORTH-R

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

฿6.44
Price
฿6.11
GF Value