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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.
SingAsia Holdings's 10-Year ROIIC % for the quarter that ended in Jul. 2025 was 378.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for SingAsia Holdings's 10-Year ROIIC % or its related term are showing as below:
HKSE:08293's 10-Year ROIIC % is ranked better than 98.55% of 827
companies
in the Business Services industry
Industry Median: 5.15
vs HKSE:08293: 378.12
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.
SingAsia Holdings 10-Year ROIIC % Related Terms
SingAsia Holdings 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for SingAsia Holdings'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.
HKSE:08293 vs RHI, KFY, TNET: 10-Year ROIIC % Comparison
For the Staffing & Employment Services subindustry, SingAsia Holdings'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.
SingAsia Holdings 10-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, SingAsia Holdings's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where SingAsia Holdings's 10-Year ROIIC % falls into.
SingAsia Holdings's 10-Year ROIIC % for the quarter that ended in Jul. 2025 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -14.172 (Jul. 2025) - 12.2813118 (Jul. 2015) )
/
( 20.609 (Jul. 2025) - 27.605 (Jul. 2015) )
=
-26.4533118
/
-6.996
=
378.12%***
* 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 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.
SingAsia Holdings (HKSE:08293) has a 10-Year ROIIC % of 378.12 as of Jul. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on SingAsia Holdings and its competitors. According to the industry distribution chart, SingAsia Holdings ranks #12 out of 827 companies in the Business Services industry, placing it in the top 1.5%.
Is SingAsia Holdings' 10-Year ROIIC % too high?
SingAsia Holdings' current 10-Year ROIIC % is 378.12. The Business Services industry median 10-Year ROIIC % is 5.15. SingAsia Holdings' value of 378.12 is 7242.1% above this industry median. Based on the distribution chart, SingAsia Holdings ranks #12 out of 827 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, SingAsia Holdings has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SingAsia Holdings' 10-Year ROIIC % compare to RHI and KFY?
According to the Business Services industry distribution chart, SingAsia Holdings ranks #12 out of 827 companies for 10-Year ROIIC %. This places SingAsia Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 5.15. SingAsia Holdings' value of 378.12 is 7242.1% 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 10-Year ROIIC % for a Business Services company?
The median 10-Year ROIIC % among Business Services companies is 5.15, based on 827 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. SingAsia Holdings's current 10-Year ROIIC % of 378.12 is 7242.1% 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 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 SingAsia Holdings and its competitors. For the Business Services industry, the median 10-Year ROIIC % is 5.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SingAsia Holdings's current 10-Year ROIIC % is 378.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SingAsia Holdings stock overvalued right now?
Based on GuruFocus' analysis, SingAsia Holdings (HKSE:08293) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.11 — trading 266.7% above its estimated fair value. The current 10-Year ROIIC % is 378.12 and 7242.1% above the Business Services industry median of 5.15. SingAsia Holdings' overall GF Score™ is 25/100 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 SingAsia Holdings (HKSE:08293), the current 10-Year ROIIC % is 378.12 as of Jul. 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 SingAsia Holdings (HKSE:08293) Overvalued in 2026?
Based on GuruFocus' analysis, SingAsia Holdings stock appears to be overvalued.
The current stock price of HK$0.11 is trading 266.7% above its estimated GF Value™ of HK$0.03.
GuruFocus considers SingAsia Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08293:
10-Year ROIIC %: 378.12
GF Value™: HK$0.03 vs. price of HK$0.11 (266.7% above fair value)
Industry Position: 7242.1% above the Business Services median (#12 of 827)
No single metric tells the full story. See the HKSE:08293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SingAsia Holdings Ltd provides specialised workforce solutions, offering manpower outsourcing and recruitment services in Singapore, and corporate development and training services in Hong Kong. The Group supports the hotel and resort, retail, food and beverage, and other sectors, including event organisers, facility management, and various industries across Singapore and Hong Kong. Revenue is generated from manpower outsourcing, recruitment, and corporate development and training services, with operations in both markets and maximum revenue from Singapore. The Group also acts as a one-stop workforce solutions provider, helping customers streamline operations through reliable staffing, HR support, and training services.
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