SINGF (Singapore Airlines) 10-Year ROIIC % : 6.01% (As of Mar. 2026)


SINGF Singapore Airlines Ltd SINGF
75 GF Score
Price $6.03
GF Value $5.25
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Singapore Airlines 10-Year ROIIC %?

Singapore Airlines SINGF 75 10-Year ROIIC % is 6.01 as of Mar. 2026. GuruFocus rates SINGF with a GF Score™ of 75/100 and a GF Value™ of $5.25 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 795 Transportation companies, Singapore Airlines ranks better than 60.13% 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. Singapore Airlines's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 6.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SINGF's 10-Year ROIIC % is ranked better than
60.13% of 795 companies
in the Transportation industry
Industry Median: 3.8 vs SINGF: 6.01

Singapore Airlines  (OTCPK:SINGF) 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.


Singapore Airlines 10-Year ROIIC % Related Terms


Singapore Airlines 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Singapore Airlines'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.

Singapore Airlines 10-Year ROIIC % Chart

Singapore Airlines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.78 8.76 11.51 6.16 6.01

Singapore Airlines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.16 0.00 0.00 0.00 6.01

SINGF vs DAL, UAL, LUV: 10-Year ROIIC % Comparison

For the Airlines subindustry, Singapore Airlines'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.


Singapore Airlines 10-Year ROIIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Singapore Airlines's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Singapore Airlines's 10-Year ROIIC % falls into.


SINGF
75GF Score
Singapore Airlines Ltd SINGF
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Singapore Airlines 10-Year ROIIC % Calculation

Singapore Airlines's 10-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 1455.1794746 (Mar. 2026) - 532.212924 (Mar. 2016) )/( 30698.734 (Mar. 2026) - 14900.102 (Mar. 2016) )
=922.9665506/15798.632
=5.84%***

* 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 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 6.01 mean?
Singapore Airlines (SINGF) has a 10-Year ROIIC % of 6.01 as of Mar. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Singapore Airlines and its competitors. According to the industry distribution chart, Singapore Airlines ranks #317 out of 795 companies in the Transportation industry, placing it in the top 39.9%.
Is Singapore Airlines' 10-Year ROIIC % too high?
Singapore Airlines' current 10-Year ROIIC % is 6.01. The Transportation industry median 10-Year ROIIC % is 3.80. Singapore Airlines' value of 6.01 is 58.2% above this industry median. Based on the distribution chart, Singapore Airlines ranks #317 out of 795 companies in the Transportation industry, which is above the industry midpoint. Overall, Singapore Airlines has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Airlines' 10-Year ROIIC % compare to DAL and UAL?
According to the Transportation industry distribution chart, Singapore Airlines ranks #317 out of 795 companies for 10-Year ROIIC %. This puts Singapore Airlines in the upper half of its industry. The industry median 10-Year ROIIC % is 3.80. Singapore Airlines' value of 6.01 is 58.2% 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 Transportation company?
The median 10-Year ROIIC % among Transportation companies is 3.80, based on 795 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. Singapore Airlines's current 10-Year ROIIC % of 6.01 is 58.2% 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 Singapore Airlines and its competitors. For the Transportation industry, the median 10-Year ROIIC % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Airlines's current 10-Year ROIIC % is 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Airlines stock overvalued right now?
Based on GuruFocus' analysis, Singapore Airlines (SINGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.25, compared to a current price of $6.03 — trading 14.9% above its estimated fair value. The current 10-Year ROIIC % is 6.01 and 58.2% above the Transportation industry median of 3.80. Singapore Airlines' overall GF Score™ is 75/100 with 8 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 Singapore Airlines (SINGF), the current 10-Year ROIIC % is 6.01 as of Mar. 2026. 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 Singapore Airlines (SINGF) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Airlines stock appears to be overvalued. The current stock price of $6.03 is trading 14.9% above its estimated GF Value™ of $5.25. GuruFocus considers Singapore Airlines to be Modestly Overvalued.

Key valuation signals for SINGF:

  • 10-Year ROIIC %: 6.01
  • GF Value™: $5.25 vs. price of $6.03 (14.9% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 58.2% above the Transportation median (#317 of 795)

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


Singapore Airlines Business Description

Address 25 Airline Road, Airline House, Sinagapore, SGP, 819829
Singapore Airlines is Singapore's flagship carrier and one of the region's largest airlines in terms of revenue and carrying capacity. With its hub in Changi Airport, the carrier provides regional and cross-continental passenger and cargo services destined to or transiting through Singapore. The company operates under dual brands: full-service carrier SIA and low-cost regional carrier Scoot. It also owns stakes in SATS and SIA Engineering. In 2024, the merger of its associate airline Vistara with Air India resulted in Singapore Airlines owning a 25% stake in Air India.
75GF Score

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

$6.03
Price
$5.25
GF Value