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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.
Bright Smart Securitiesmmodities Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 8.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Bright Smart Securitiesmmodities Group (FRA:0BX) 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.
Bright Smart Securitiesmmodities Group 3-Year ROIIC % Related Terms
Bright Smart Securitiesmmodities Group 3-Year ROIIC % Historical Data
* 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.
Bright Smart Securitiesmmodities Group 3-Year ROIIC % Chart
Bright Smart Securitiesmmodities Group Annual Data
FRA:0BX vs MS, GS, SCHW: 3-Year ROIIC % Comparison
For the Capital Markets subindustry, Bright Smart Securitiesmmodities 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.
Bright Smart Securitiesmmodities Group 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bright Smart Securitiesmmodities Group's 3-Year ROIIC % falls into.
* 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.
Bright Smart Securitiesmmodities Group (FRA:0BX) has a 3-Year ROIIC % of 8.28 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Bright Smart Securitiesmmodities Group and its competitors. This is 155% above median its historical median of 3.25. According to the industry distribution chart, Bright Smart Securitiesmmodities Group ranks #249 out of 658 companies in the Capital Markets industry, placing it in the top 37.8%.
Is Bright Smart Securitiesmmodities Group's 3-Year ROIIC % too high?
Bright Smart Securitiesmmodities Group's current 3-Year ROIIC % of 8.28 is 155% above median its 10-year median of 3.25. The Capital Markets industry median 3-Year ROIIC % is 2.65. Bright Smart Securitiesmmodities Group's value of 8.28 is 213% above this industry median. Based on the distribution chart, Bright Smart Securitiesmmodities Group ranks #249 out of 658 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Bright Smart Securitiesmmodities Group has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Smart Securitiesmmodities Group's 3-Year ROIIC % compare to MS and GS?
According to the Capital Markets industry distribution chart, Bright Smart Securitiesmmodities Group ranks #249 out of 658 companies for 3-Year ROIIC %. This puts Bright Smart Securitiesmmodities Group in the upper half of its industry. The industry median 3-Year ROIIC % is 2.65. Bright Smart Securitiesmmodities Group's value of 8.28 is 213% above this benchmark. While the company's 10-year median is 3.25 vs. the industry median of 2.65, Bright Smart Securitiesmmodities 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 2.65, based on 658 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. Bright Smart Securitiesmmodities Group's current 3-Year ROIIC % of 8.28 is 213% 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 Bright Smart Securitiesmmodities Group and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Smart Securitiesmmodities Group's current 3-Year ROIIC % is 8.28, which is 155% above median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Smart Securitiesmmodities Group stock overvalued right now?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group (FRA:0BX) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.32, compared to a current price of €0.69 — trading 114.1% above its estimated fair value. The current 3-Year ROIIC % is 8.28, which is 155% above median its 10-year median of 3.25 and 213% above the Capital Markets industry median of 2.65. Bright Smart Securitiesmmodities Group's overall GF Score™ is 38/100 with 8 warning signs to review. 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 Bright Smart Securitiesmmodities Group (FRA:0BX), the current 3-Year ROIIC % is 8.28 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 Bright Smart Securitiesmmodities Group (FRA:0BX) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group stock appears to be overvalued.
The current stock price of €0.69 is trading 114.1% above its estimated GF Value™ of €0.32.
GuruFocus considers Bright Smart Securitiesmmodities Group to be Significantly Overvalued.
Key valuation signals for FRA:0BX:
3-Year ROIIC %: 8.28 (155% above median its 10-year median of 3.25)
GF Value™: €0.32 vs. price of €0.69 (114.1% above fair value)
Industry Position: 213% above the Capital Markets median (#249 of 658)
No single metric tells the full story. See the FRA:0BX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.
38GF Score
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