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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.
Quali-Smart Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -6.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Quali-Smart Holdings's 3-Year ROIIC % or its related term are showing as below:
HKSE:01348's 3-Year ROIIC % is ranked worse than 67.26% of 788
companies
in the Travel & Leisure industry
Industry Median: 3.965
vs HKSE:01348: -6.20
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.
Quali-Smart Holdings 3-Year ROIIC % Related Terms
Quali-Smart Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Quali-Smart 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.
HKSE:01348 vs AS, HAS, LTH: 3-Year ROIIC % Comparison
For the Leisure subindustry, Quali-Smart 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.
Quali-Smart Holdings 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Quali-Smart Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Quali-Smart Holdings's 3-Year ROIIC % falls into.
Quali-Smart Holdings'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**
=
( -16.169 (Mar. 2026) - -23.275 (Mar. 2023) )
/
( 11.528 (Mar. 2026) - 126.12 (Mar. 2023) )
=
7.106
/
-114.592
=
-6.20%***
* 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.
Quali-Smart Holdings (HKSE:01348) has a 3-Year ROIIC % of -6.20 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 Quali-Smart Holdings and its competitors. According to the industry distribution chart, Quali-Smart Holdings ranks #530 out of 788 companies in the Travel & Leisure industry, placing it in the top 67.3%.
Is Quali-Smart Holdings' 3-Year ROIIC % too high?
Quali-Smart Holdings' current 3-Year ROIIC % is -6.20. Based on the distribution chart, Quali-Smart Holdings ranks #530 out of 788 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Quali-Smart Holdings has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quali-Smart Holdings' 3-Year ROIIC % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Quali-Smart Holdings ranks #530 out of 788 companies for 3-Year ROIIC %. This places Quali-Smart Holdings in the lower half of its industry. The industry median 3-Year ROIIC % is 3.97. 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 3.97, based on 788 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 Quali-Smart Holdings and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quali-Smart Holdings's current 3-Year ROIIC % is -6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quali-Smart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Quali-Smart Holdings (HKSE:01348) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.19 — trading 1750% above its estimated fair value. The current 3-Year ROIIC % is -6.20. Quali-Smart Holdings' overall GF Score™ is 28/100 with 6 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 Quali-Smart Holdings (HKSE:01348), the current 3-Year ROIIC % is -6.20 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 Quali-Smart Holdings (HKSE:01348) Overvalued in 2026?
Based on GuruFocus' analysis, Quali-Smart Holdings stock appears to be overvalued.
The current stock price of HK$0.19 is trading 1750% above its estimated GF Value™ of HK$0.01.
GuruFocus considers Quali-Smart Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01348:
3-Year ROIIC %: -6.20
GF Value™: HK$0.01 vs. price of HK$0.19 (1750% above fair value)
No single metric tells the full story. See the HKSE:01348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quali-Smart Holdings Ltd is an investment holding company. The company's operating segment includes the Manufacturing and sales of toys and Financial Services. It generates maximum revenue from the Manufacturing and sales of toys segment. The Financial Services segment includes securities brokerage, underwriting, securities margin financing, investment advisory, corporate finance, and asset management services. Geographically, it derives a majority of its revenue from North America which includes the United States of America and Canada, and also has a presence in the United Kingdom; France; PRC, and Taiwan; Central America, Caribbean, and Mexico; Australia, New Zealand, and Pacific Islands and other countries.
28GF Score
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