Bangkok Expressway and Metro PCL (FRA:B4X) 5-Year ROIIC % : 4.78% (As of Dec. 2025)

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FRA:B4X Bangkok Expressway and Metro PCL FRA:B4X
61 GF Score
Price €0.16
GF Value €0.19
Valuation Modestly Undervalued
! 14 Warning Signs
View Full Analysis

What is Bangkok Expressway and Metro PCL 5-Year ROIIC %?

Bangkok Expressway and Metro PCL FRA:B4X 61 5-Year ROIIC % is 4.78 as of Dec. 2025. GuruFocus rates FRA:B4X with a GF Score™ of 61/100 and a GF Value™ of €0.19 (Modestly Undervalued). The stock has 14 warning signs investors should review. Among 881 Transportation companies, Bangkok Expressway and Metro PCL ranks worse than 50.74% 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. Bangkok Expressway and Metro PCL's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 4.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:B4X's 5-Year ROIIC % is ranked worse than
50.74% of 881 companies
in the Transportation industry
Industry Median: 4.95 vs FRA:B4X: 4.78

Bangkok Expressway and Metro PCL  (FRA:B4X) 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.


Bangkok Expressway and Metro PCL 5-Year ROIIC % Related Terms


Bangkok Expressway and Metro PCL 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro PCL 5-Year ROIIC % Chart

Bangkok Expressway and Metro 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 -2.99 3.14 19.96 9.00 4.78

Bangkok Expressway and Metro 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 4.78 0.00

FRA:B4X vs UNP, CSX, NSC: 5-Year ROIIC % Comparison

For the Railroads subindustry, Bangkok Expressway and Metro 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.


Bangkok Expressway and Metro PCL 5-Year ROIIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Expressway and Metro PCL's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway and Metro PCL's 5-Year ROIIC % falls into.


FRA:B4X
61GF Score
Bangkok Expressway and Metro PCL FRA:B4X
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Expressway and Metro PCL 5-Year ROIIC % Calculation

Bangkok Expressway and Metro 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**
=( 153.0056451 (Dec. 2025) - 85.6345851 (Dec. 2020) )/( 4683.145 (Dec. 2025) - 3290.003 (Dec. 2020) )
=67.37106/1393.142
=4.84%***

* 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 4.78 mean?
Bangkok Expressway and Metro PCL (FRA:B4X) has a 5-Year ROIIC % of 4.78 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 Bangkok Expressway and Metro PCL and its competitors. According to the industry distribution chart, Bangkok Expressway and Metro PCL ranks #447 out of 881 companies in the Transportation industry, placing it in the top 50.7%.
Is Bangkok Expressway and Metro PCL's 5-Year ROIIC % too high?
Bangkok Expressway and Metro PCL's current 5-Year ROIIC % is 4.78. The Transportation industry median 5-Year ROIIC % is 4.95. Bangkok Expressway and Metro PCL's value of 4.78 is 3.4% below this industry median. Based on the distribution chart, Bangkok Expressway and Metro PCL ranks #447 out of 881 companies in the Transportation industry, which is below the industry midpoint. Overall, Bangkok Expressway and Metro PCL has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Expressway and Metro PCL's 5-Year ROIIC % compare to UNP and CSX?
According to the Transportation industry distribution chart, Bangkok Expressway and Metro PCL ranks #447 out of 881 companies for 5-Year ROIIC %. This places Bangkok Expressway and Metro PCL in the lower half of its industry. The industry median 5-Year ROIIC % is 4.95. Bangkok Expressway and Metro PCL's value of 4.78 is 3.4% below 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 Transportation company?
The median 5-Year ROIIC % among Transportation companies is 4.95, based on 881 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. Bangkok Expressway and Metro PCL's current 5-Year ROIIC % of 4.78 is 3.4% 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 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 Bangkok Expressway and Metro PCL and its competitors. For the Transportation industry, the median 5-Year ROIIC % is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Expressway and Metro PCL's current 5-Year ROIIC % is 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway and Metro PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Expressway and Metro PCL (FRA:B4X) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.19, compared to a current price of €0.16 — trading 14.7% below its estimated fair value. The current 5-Year ROIIC % is 4.78 and 3.4% below the Transportation industry median of 4.95. Bangkok Expressway and Metro PCL's overall GF Score™ is 61/100 with 14 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 Bangkok Expressway and Metro PCL (FRA:B4X), the current 5-Year ROIIC % is 4.78 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 Bangkok Expressway and Metro PCL (FRA:B4X) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Expressway and Metro PCL stock appears to be undervalued. The current stock price of €0.16 is trading 14.7% below its estimated GF Value™ of €0.19. GuruFocus considers Bangkok Expressway and Metro PCL to be Modestly Undervalued.

Key valuation signals for FRA:B4X:

  • 5-Year ROIIC %: 4.78
  • GF Value™: €0.19 vs. price of €0.16 (14.7% below fair value)
  • GF Score™: 61/100 with 14 warning signs
  • Industry Position: 3.4% below the Transportation median (#447 of 881)

No single metric tells the full story. See the FRA:B4X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bangkok Expressway and Metro PCL Business Description

Other Exchanges BEM-F:ThailandBEM:Thailand
Address 587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310
Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines and commercial development in Thailand. Along with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment.
61GF Score

Get the complete analysis for FRA:B4X

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

€0.16
Price
€0.19
GF Value