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Wang On PropertiesHKSE:01243 +6.67% 3-Year ROIIC % is 10.10 as of Mar. 2026, which is 569% above its 10-year median of 1.51. The stock has 4 warning signs investors should review. Among 1,661 Real Estate companies, Wang On Properties ranks better than 74.47% 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 Properties's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 10.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Wang On Properties's 3-Year ROIIC % or its related term are showing as below:
HKSE:01243's 3-Year ROIIC % is ranked better than 74.47% of 1661
companies
in the Real Estate industry
Industry Median: 2.2
vs HKSE:01243: 10.10
Wang On Properties (HKSE:01243) 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 Properties 3-Year ROIIC % Related Terms
Wang On Properties 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Wang On Properties'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.
Wang On Properties 3-Year ROIIC % Competitor Comparison
For the Real Estate - Development subindustry, Wang On Properties'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 Properties 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wang On Properties's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Wang On Properties's 3-Year ROIIC % falls into.
Wang On Properties'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**
=
( -363.19 (Mar. 2026) - 40.5901765 (Mar. 2023) )
/
( 4712.592 (Mar. 2026) - 8712.328 (Mar. 2023) )
=
-403.7801765
/
-3999.736
=
10.10%***
* 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 Properties (HKSE:01243) has a 3-Year ROIIC % of 10.10 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 Properties and its competitors. This is 569% above median its historical median of 1.51. According to the industry distribution chart, Wang On Properties ranks #424 out of 1661 companies in the Real Estate industry, placing it in the top 25.5%.
Is Wang On Properties' 3-Year ROIIC % too high?
Wang On Properties' current 3-Year ROIIC % of 10.10 is 569% above median its 10-year median of 1.51. The Real Estate industry median 3-Year ROIIC % is 2.20. Wang On Properties' value of 10.10 is 359.1% above this industry median. Based on the distribution chart, Wang On Properties ranks #424 out of 1661 companies in the Real Estate industry, which is above the industry midpoint.
How does Wang On Properties' 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Wang On Properties ranks #424 out of 1661 companies for 3-Year ROIIC %. This puts Wang On Properties in the upper half of its industry. The industry median 3-Year ROIIC % is 2.20. Wang On Properties' value of 10.10 is 359.1% above this benchmark. While the company's 10-year median is 1.51 vs. the industry median of 2.20, Wang On Properties 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.20, based on 1,661 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 Properties's current 3-Year ROIIC % of 10.10 is 359.1% 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 Wang On Properties and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Properties's current 3-Year ROIIC % is 10.10, which is 569% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Properties stock overvalued right now?
Based on GuruFocus' analysis, Wang On Properties (HKSE:01243) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.03 — trading 20% below its estimated fair value. The current 3-Year ROIIC % is 10.10, which is 569% above median its 10-year median of 1.51 and 359.1% above the Real Estate industry median of 2.20. 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 Properties (HKSE:01243), the current 3-Year ROIIC % is 10.10 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 Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.
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