Thai Industrial Fund 1 (BKK:TIF1) 5-Year ROIIC % : 20.43% (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:TIF1 Thai Industrial Fund 1 BKK:TIF1
82 GF Score
Price ฿8.00
GF Value ฿8.51
Valuation Fairly Valued
! 6 Warning Signs
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What is Thai Industrial Fund 1 5-Year ROIIC %?

Thai Industrial Fund 1 BKK:TIF1 82 5-Year ROIIC % is 20.43 as of Mar. 2025. GuruFocus rates BKK:TIF1 with a GF Score™ of 82/100 and a GF Value™ of ฿8.51 (Fairly Valued). The stock has 6 warning signs investors should review. Among 597 Asset Management companies, Thai Industrial Fund 1 ranks better than 76.55% 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. Thai Industrial Fund 1's 5-Year ROIIC % for the quarter that ended in Mar. 2025 was 20.43%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Thai Industrial Fund 1's 5-Year ROIIC % or its related term are showing as below:

BKK:TIF1's 5-Year ROIIC % is ranked better than
76.55% of 597 companies
in the Asset Management industry
Industry Median: 1.43 vs BKK:TIF1: 20.43

Thai Industrial Fund 1  (BKK:TIF1) 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.


Thai Industrial Fund 1 5-Year ROIIC % Related Terms


Thai Industrial Fund 1 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Thai Industrial Fund 1'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.

Thai Industrial Fund 1 5-Year ROIIC % Chart

Thai Industrial Fund 1 Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.69 -69.92 -51.36 -127.83 20.43

Thai Industrial Fund 1 Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 20.43 0.00 0.00 0.00

BKK:TIF1 vs BLK, BX, KKR: 5-Year ROIIC % Comparison

For the Asset Management subindustry, Thai Industrial Fund 1'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.


Thai Industrial Fund 1 5-Year ROIIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Thai Industrial Fund 1's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Thai Industrial Fund 1's 5-Year ROIIC % falls into.


BKK:TIF1
82GF Score
Thai Industrial Fund 1 BKK:TIF1
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Industrial Fund 1 5-Year ROIIC % Calculation

Thai Industrial Fund 1's 5-Year ROIIC % for the quarter that ended in Mar. 2025 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 45.9862 (Mar. 2025) - 57.676 (Mar. 2020) )/( 979.033 (Mar. 2025) - 1036.257 (Mar. 2020) )
=-11.6898/-57.224
=20.43%***

* 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 20.43 mean?
Thai Industrial Fund 1 (BKK:TIF1) has a 5-Year ROIIC % of 20.43 as of Mar. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Thai Industrial Fund 1 and its competitors. According to the industry distribution chart, Thai Industrial Fund 1 ranks #140 out of 597 companies in the Asset Management industry, placing it in the top 23.5%.
Is Thai Industrial Fund 1's 5-Year ROIIC % too high?
Thai Industrial Fund 1's current 5-Year ROIIC % is 20.43. The Asset Management industry median 5-Year ROIIC % is 1.43. Thai Industrial Fund 1's value of 20.43 is 1328.7% above this industry median. Based on the distribution chart, Thai Industrial Fund 1 ranks #140 out of 597 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Industrial Fund 1 has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Industrial Fund 1's 5-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Thai Industrial Fund 1 ranks #140 out of 597 companies for 5-Year ROIIC %. This places Thai Industrial Fund 1 in the top 24% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 1.43. Thai Industrial Fund 1's value of 20.43 is 1328.7% 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 an Asset Management company?
The median 5-Year ROIIC % among Asset Management companies is 1.43, based on 597 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. Thai Industrial Fund 1's current 5-Year ROIIC % of 20.43 is 1328.7% 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 Thai Industrial Fund 1 and its competitors. For the Asset Management industry, the median 5-Year ROIIC % is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Industrial Fund 1's current 5-Year ROIIC % is 20.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Industrial Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Thai Industrial Fund 1 (BKK:TIF1) is currently considered Fairly Valued. The stock's GF Value™ is ฿8.51, compared to a current price of ฿8.00 — trading 6% below its estimated fair value. The current 5-Year ROIIC % is 20.43 and 1328.7% above the Asset Management industry median of 1.43. Thai Industrial Fund 1's overall GF Score™ is 82/100 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 Thai Industrial Fund 1 (BKK:TIF1), the current 5-Year ROIIC % is 20.43 as of Mar. 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 Industrial Fund 1 (BKK:TIF1) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Industrial Fund 1 stock appears to be undervalued. The current stock price of ฿8.00 is trading 6% below its estimated GF Value™ of ฿8.51. GuruFocus considers Thai Industrial Fund 1 to be Fairly Valued.

Key valuation signals for BKK:TIF1:

  • 5-Year ROIIC %: 20.43
  • GF Value™: ฿8.51 vs. price of ฿8.00 (6% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 1328.7% above the Asset Management median (#140 of 597)

No single metric tells the full story. See the BKK:TIF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Industrial Fund 1 Business Description

Address Rama 1 Road, Floor 9th, 24th, No. 989 Siam Piwat Tower, Patumwan District, Bangkok, THA, 10330
Thai Industrial Fund 1 is an asset management company. The objective of the fund is to raise funds from general investors and to use the proceeds from such fundraising for the purchase and/or lease of immovable properties or property lease rights. It invests in land and factory buildings, industrial parks, and industrial promotion zone in Thailand. The one reportable operating segment of the Fund is to provide the rental on property in which the Fund has invested and the single geographical area of its operations is Thailand.
82GF Score

Get the complete analysis for BKK:TIF1

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

฿8.00
Price
฿8.51
GF Value