Kowloon Development Co (FRA:KOX) 10-Year ROIIC % : -7.40% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

FRA:KOX Kowloon Development Co Ltd FRA:KOX
75 GF Score
Price €0.42
GF Value €0.51
! 5 Warning Signs
View Full Analysis

What is Kowloon Development Co 10-Year ROIIC %?

Kowloon Development Co FRA:KOX -1.85% 75 10-Year ROIIC % is -7.40 as of Dec. 2025. GuruFocus rates FRA:KOX with a GF Score™ of 75/100 and a GF Value™ of €0.51. The stock has 5 warning signs investors should review. Among 1,524 Real Estate companies, Kowloon Development Co ranks worse than 83.6% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Kowloon Development Co's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was -7.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Kowloon Development Co's 10-Year ROIIC % or its related term are showing as below:

FRA:KOX's 10-Year ROIIC % is ranked worse than
83.6% of 1524 companies
in the Real Estate industry
Industry Median: 2.07 vs FRA:KOX: -7.40

Kowloon Development Co  (FRA:KOX) 10-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.


Kowloon Development Co 10-Year ROIIC % Related Terms


Kowloon Development Co 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Kowloon Development Co's 10-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.

Kowloon Development Co 10-Year ROIIC % Chart

Kowloon Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -308.46 11.37 11.81 2.83 -7.40

Kowloon Development Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
10-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 2.83 0.00 -7.40 0.00

Kowloon Development Co 10-Year ROIIC % Competitor Comparison

For the Real Estate - Development subindustry, Kowloon Development Co's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Kowloon Development Co 10-Year ROIIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kowloon Development Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Kowloon Development Co's 10-Year ROIIC % falls into.


FRA:KOX
75GF Score
Kowloon Development Co Ltd FRA:KOX
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kowloon Development Co 10-Year ROIIC % Calculation

Kowloon Development Co's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 155.419 (Dec. 2025) - 103.8596832 (Dec. 2015) )/( 4167.362 (Dec. 2025) - 5360.186 (Dec. 2015) )
=51.5593168/-1192.824
=-4.32%***

* 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 10-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 10-Year ROIIC % →
What does a 10-Year ROIIC % of -7.40 mean?
Kowloon Development Co (FRA:KOX) has a 10-Year ROIIC % of -7.40 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Kowloon Development Co and its competitors. According to the industry distribution chart, Kowloon Development Co ranks #1274 out of 1524 companies in the Real Estate industry, placing it in the top 83.6%.
Is Kowloon Development Co's 10-Year ROIIC % too high?
Kowloon Development Co's current 10-Year ROIIC % is -7.40. Based on the distribution chart, Kowloon Development Co ranks #1274 out of 1524 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Kowloon Development Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Kowloon Development Co's 10-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Kowloon Development Co ranks #1274 out of 1524 companies for 10-Year ROIIC %. This places Kowloon Development Co in the lower half of its industry. The industry median 10-Year ROIIC % is 2.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Real Estate company?
The median 10-Year ROIIC % among Real Estate companies is 2.07, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Kowloon Development Co and its competitors. For the Real Estate industry, the median 10-Year ROIIC % is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowloon Development Co's current 10-Year ROIIC % is -7.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowloon Development Co stock overvalued right now?
Kowloon Development Co (FRA:KOX) has a current 10-Year ROIIC % of -7.40. The stock's GF Value™ is €0.51, compared to a current price of €0.42 — trading 16.9% below its estimated fair value. The current 10-Year ROIIC % is -7.40. Kowloon Development Co's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Kowloon Development Co (FRA:KOX), the current 10-Year ROIIC % is -7.40 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 Kowloon Development Co (FRA:KOX) Overvalued in 2026?

Based on GuruFocus' analysis, Kowloon Development Co stock appears to be undervalued. The current stock price of €0.42 is trading 16.9% below its estimated GF Value™ of €0.51.

Key valuation signals for FRA:KOX:

  • 10-Year ROIIC %: -7.40
  • GF Value™: €0.51 vs. price of €0.42 (16.9% below fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Kowloon Development Co Business Description

Other Exchanges 00034:Hong Kong
Address 750 Nathan Road, 23rd Floor, Pioneer Centre, Kowloon, Hong Kong, HKG
Kowloon Development Co Ltd is an investment holding company. It operates in three segments: Property development, which includes the development and sale of properties and interests in property development; Property investment segment includes leasing of properties to generate rental income and to gain from the appreciation in the properties' values in the long term; and Other businesses segment, which includes the financial investments, the provision of financial services, the provision of property management services and treasury operations. The company generates the majority of its revenue from the sale of properties. Its geographical segments are Hong Kong, which accounts for the majority of revenue; Mainland China; and Others.
75GF Score

Get the complete analysis for FRA:KOX

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

€0.42
Price
€0.51
GF Value