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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.
Safety Godown Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -2.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Safety Godown Co's 3-Year ROIIC % or its related term are showing as below:
HKSE:00237's 3-Year ROIIC % is ranked worse than 67.67% of 1658
companies
in the Real Estate industry
Industry Median: 2.295
vs HKSE:00237: -2.03
Safety Godown Co (HKSE:00237) 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.
Safety Godown Co 3-Year ROIIC % Related Terms
Safety Godown Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Safety Godown Co'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.
HKSE:00237 vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison
For the Real Estate Services subindustry, Safety Godown Co'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.
Safety Godown Co 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Safety Godown Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Safety Godown Co's 3-Year ROIIC % falls into.
Safety Godown Co'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**
=
( 116.921 (Mar. 2026) - 101.26 (Mar. 2023) )
/
( 2309.618 (Mar. 2026) - 3080.78 (Mar. 2023) )
=
15.661
/
-771.162
=
-2.03%***
* 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.
Safety Godown Co (HKSE:00237) has a 3-Year ROIIC % of -2.03 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 Safety Godown Co and its competitors. According to the industry distribution chart, Safety Godown Co ranks #1122 out of 1658 companies in the Real Estate industry, placing it in the top 67.7%.
Is Safety Godown Co's 3-Year ROIIC % too high?
Safety Godown Co's current 3-Year ROIIC % is -2.03. Based on the distribution chart, Safety Godown Co ranks #1122 out of 1658 companies in the Real Estate industry, which is below the industry midpoint. Overall, Safety Godown Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Safety Godown Co's 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Safety Godown Co ranks #1122 out of 1658 companies for 3-Year ROIIC %. This places Safety Godown Co in the lower half of its industry. The industry median 3-Year ROIIC % is 2.30. 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.30, based on 1,658 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. 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 Safety Godown Co and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safety Godown Co's current 3-Year ROIIC % is -2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safety Godown Co stock overvalued right now?
Based on GuruFocus' analysis, Safety Godown Co (HKSE:00237) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.86, compared to a current price of HK$2.04 — trading 9.7% above its estimated fair value. The current 3-Year ROIIC % is -2.03. Safety Godown Co's overall GF Score™ is 77/100 with 2 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 Safety Godown Co (HKSE:00237), the current 3-Year ROIIC % is -2.03 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 Safety Godown Co (HKSE:00237) Overvalued in 2026?
Based on GuruFocus' analysis, Safety Godown Co stock appears to be overvalued.
The current stock price of HK$2.04 is trading 9.7% above its estimated GF Value™ of HK$1.86.
GuruFocus considers Safety Godown Co to be Fairly Valued.
Key valuation signals for HKSE:00237:
3-Year ROIIC %: -2.03
GF Value™: HK$1.86 vs. price of HK$2.04 (9.7% above fair value)
No single metric tells the full story. See the HKSE:00237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Safety Godown Co Ltd is an investment holding company. The company's operating segment includes Godown operations; Property investment and Treasury investment. It generates maximum revenue from the Property investment segment. The property Investment segment engages in the leasing of investment properties. Godown Operations consist of the operation of godowns. Treasury Investment segment which involves securities trading and investment. Geographically, it derives revenue from Hong Kong.
77GF Score
Get the complete analysis for HKSE:00237
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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