HGKGF (Power Assets Holdings) 3-Year ROIIC % : 6.46% (As of Dec. 2025)

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HGKGF Power Assets Holdings Ltd HGKGF
72 GF Score
Price $8.57
GF Value $3.87
! 9 Warning Signs
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What is Power Assets Holdings 3-Year ROIIC %?

Power Assets Holdings HGKGF 72 3-Year ROIIC % is 6.46 as of Dec. 2025. GuruFocus rates HGKGF with a GF Score™ of 72/100 and a GF Value™ of $3.87. The stock has 9 warning signs investors should review. Among 394 Utilities - Independent Power Producers companies, Power Assets Holdings ranks better than 65.48% 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. Power Assets Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Power Assets Holdings's 3-Year ROIIC % or its related term are showing as below:

HGKGF's 3-Year ROIIC % is ranked better than
65.48% of 394 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.31 vs HGKGF: 6.46

Power Assets Holdings  (OTCPK:HGKGF) 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.


Power Assets Holdings 3-Year ROIIC % Related Terms


Power Assets Holdings 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Power Assets Holdings'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.

Power Assets Holdings 3-Year ROIIC % Chart

Power Assets Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.17 89.48 -237.99 14.77 6.46

Power Assets Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
3-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 -237.99 0.00 14.77 0.00 6.46

HGKGF vs CEG, VST, NRG: 3-Year ROIIC % Comparison

For the Utilities - Independent Power Producers subindustry, Power Assets Holdings'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.


Power Assets Holdings 3-Year ROIIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Power Assets Holdings's 3-Year ROIIC % falls into.


HGKGF
72GF Score
Power Assets Holdings Ltd HGKGF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power Assets Holdings 3-Year ROIIC % Calculation

Power Assets Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 814.7278598 (Dec. 2025) - 738.4945748 (Dec. 2022) )/( 12440.237 (Dec. 2025) - 11260.308 (Dec. 2022) )
=76.233285/1179.929
=6.46%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 6.46 mean?
Power Assets Holdings (HGKGF) has a 3-Year ROIIC % of 6.46 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Power Assets Holdings and its competitors. According to the industry distribution chart, Power Assets Holdings ranks #136 out of 394 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.5%.
Is Power Assets Holdings' 3-Year ROIIC % too high?
Power Assets Holdings' current 3-Year ROIIC % is 6.46. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.31. Power Assets Holdings' value of 6.46 is 393.1% above this industry median. Based on the distribution chart, Power Assets Holdings ranks #136 out of 394 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Power Assets Holdings has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Power Assets Holdings' 3-Year ROIIC % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Power Assets Holdings ranks #136 out of 394 companies for 3-Year ROIIC %. This puts Power Assets Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 1.31. Power Assets Holdings' value of 6.46 is 393.1% 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 3-Year ROIIC % for an Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.31, based on 394 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. Power Assets Holdings's current 3-Year ROIIC % of 6.46 is 393.1% 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 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 Power Assets Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Assets Holdings's current 3-Year ROIIC % is 6.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Assets Holdings stock overvalued right now?
Power Assets Holdings (HGKGF) has a current 3-Year ROIIC % of 6.46. The stock's GF Value™ is $3.87, compared to a current price of $8.57 — trading 121.4% above its estimated fair value. The current 3-Year ROIIC % is 6.46 and 393.1% above the Utilities - Independent Power Producers industry median of 1.31. Power Assets Holdings' overall GF Score™ is 72/100 with 9 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 Power Assets Holdings (HGKGF), the current 3-Year ROIIC % is 6.46 as of Dec. 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 Power Assets Holdings (HGKGF) Overvalued in 2026?

Based on GuruFocus' analysis, Power Assets Holdings stock appears to be overvalued. The current stock price of $8.57 is trading 121.4% above its estimated GF Value™ of $3.87.

Key valuation signals for HGKGF:

  • 3-Year ROIIC %: 6.46
  • GF Value™: $3.87 vs. price of $8.57 (121.4% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 393.1% above the Utilities - Independent Power Producers median (#136 of 394)

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


Power Assets Holdings Business Description

Address 2 Queen\'s Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the UK, Australia, Canada, the Netherlands, Thailand, and New Zealand. Profit from its regulated assets contributes around 80% of total income, with earnings from its UK and Australian assets totaling around 65% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CKI Holdings.
72GF Score

Get the complete analysis for HGKGF

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

$8.57
Price
$3.87
GF Value