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Wang On GroupFRA:WON1 3-Year ROIIC % is 6.81 as of Mar. 2026, which is 536% above its 10-year median of 1.07. The stock has 3 warning signs investors should review. Among 522 Conglomerates companies, Wang On Group ranks better than 64.37% 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.
Wang On Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 6.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Wang On Group's 3-Year ROIIC % or its related term are showing as below:
FRA:WON1's 3-Year ROIIC % is ranked better than 64.37% of 522
companies
in the Conglomerates industry
Industry Median: 1.71
vs FRA:WON1: 6.81
Wang On Group (FRA:WON1) 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.
Wang On Group 3-Year ROIIC % Related Terms
Wang On Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Wang On 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.
For the Conglomerates subindustry, Wang On 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.
Wang On Group 3-Year ROIIC % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Wang On Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Wang On Group's 3-Year ROIIC % falls into.
Wang On Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -32.4218403 (Mar. 2026) - 12.29 (Mar. 2023) )
/
( 1177.078 (Mar. 2026) - 1960.794 (Mar. 2023) )
=
-44.7118403
/
-783.716
=
5.71%***
* 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.
Wang On Group (FRA:WON1) has a 3-Year ROIIC % of 6.81 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 Wang On Group and its competitors. This is 536% above median its historical median of 1.07. According to the industry distribution chart, Wang On Group ranks #186 out of 522 companies in the Conglomerates industry, placing it in the top 35.6%.
Is Wang On Group's 3-Year ROIIC % too high?
Wang On Group's current 3-Year ROIIC % of 6.81 is 536% above median its 10-year median of 1.07. The Conglomerates industry median 3-Year ROIIC % is 1.71. Wang On Group's value of 6.81 is 298.2% above this industry median. Based on the distribution chart, Wang On Group ranks #186 out of 522 companies in the Conglomerates industry, which is above the industry midpoint.
How does Wang On Group's 3-Year ROIIC % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Wang On Group ranks #186 out of 522 companies for 3-Year ROIIC %. This puts Wang On Group in the upper half of its industry. The industry median 3-Year ROIIC % is 1.71. Wang On Group's value of 6.81 is 298.2% above this benchmark. While the company's 10-year median is 1.07 vs. the industry median of 1.71, Wang On 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 Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.71, based on 522 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. Wang On Group's current 3-Year ROIIC % of 6.81 is 298.2% 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 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 Wang On Group and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Group's current 3-Year ROIIC % is 6.81, which is 536% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Group stock overvalued right now?
Wang On Group (FRA:WON1) has a current 3-Year ROIIC % of 6.81. The current 3-Year ROIIC % is 6.81, which is 536% above median its 10-year median of 1.07 and 298.2% above the Conglomerates industry median of 1.71. 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 Wang On Group (FRA:WON1), the current 3-Year ROIIC % is 6.81 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.
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.
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