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ASF GroupASX:AFA 3-Year ROIIC % is 12.86 as of Jun. 2025, which is 36% above its 10-year median of 9.48. The stock has 8 warning signs investors should review. Among 659 Capital Markets companies, ASF Group ranks better than 69.8% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
ASF Group's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 12.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for ASF Group's 3-Year ROIIC % or its related term are showing as below:
ASX:AFA's 3-Year ROIIC % is ranked better than 69.8% of 659
companies
in the Capital Markets industry
Industry Median: 2.6
vs ASX:AFA: 12.86
ASF Group (ASX:AFA) 3-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.
ASF Group 3-Year ROIIC % Related Terms
ASF Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for ASF Group's 3-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.
ASX:AFA vs MS, GS, SCHW: 3-Year ROIIC % Comparison
For the Capital Markets subindustry, ASF Group's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
ASF Group 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ASF Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where ASF Group's 3-Year ROIIC % falls into.
ASF Group's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -3.571 (Jun. 2025) - -1.796 (Jun. 2022) )
/
( 1.768 (Jun. 2025) - 15.569 (Jun. 2022) )
=
-1.775
/
-13.801
=
12.86%***
* 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 3-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.
ASF Group (ASX:AFA) has a 3-Year ROIIC % of 12.86 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on ASF Group and its competitors. This is 36% above median its historical median of 9.48. According to the industry distribution chart, ASF Group ranks #199 out of 659 companies in the Capital Markets industry, placing it in the top 30.2%.
Is ASF Group's 3-Year ROIIC % too high?
ASF Group's current 3-Year ROIIC % of 12.86 is 36% above median its 10-year median of 9.48. The Capital Markets industry median 3-Year ROIIC % is 2.60. ASF Group's value of 12.86 is 394.6% above this industry median. Based on the distribution chart, ASF Group ranks #199 out of 659 companies in the Capital Markets industry, which is above the industry midpoint.
How does ASF Group's 3-Year ROIIC % compare to MS and GS?
According to the Capital Markets industry distribution chart, ASF Group ranks #199 out of 659 companies for 3-Year ROIIC %. This puts ASF Group in the upper half of its industry. The industry median 3-Year ROIIC % is 2.60. ASF Group's value of 12.86 is 394.6% above this benchmark. While the company's 10-year median is 9.48 vs. the industry median of 2.60, ASF Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.60, based on 659 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASF Group's current 3-Year ROIIC % of 12.86 is 394.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on ASF Group and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASF Group's current 3-Year ROIIC % is 12.86, which is 36% above median its own 10-year median of 9.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASF Group stock overvalued right now?
Based on GuruFocus' analysis, ASF Group (ASX:AFA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.02, compared to a current price of A$0.07 — trading 225% above its estimated fair value. The current 3-Year ROIIC % is 12.86, which is 36% above median its 10-year median of 9.48 and 394.6% above the Capital Markets industry median of 2.60. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For ASF Group (ASX:AFA), the current 3-Year ROIIC % is 12.86 as of Jun. 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.
ASF Group Ltd is a diversified investment company with an international outlook and a focus on the real estate, resources, technology and financial sectors. The entity operates in only one segment, being an investment and trading house.
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