ManpowerGroup Greater China (HKSE:02180) 3-Year ROIIC % : 46.99% (As of Dec. 2025) — 240% Above Median

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HKSE:02180 ManpowerGroup Greater China Ltd HKSE:02180
83 GF Score
Price HK$4.85
GF Value HK$5.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ManpowerGroup Greater China 3-Year ROIIC %?

ManpowerGroup Greater China HKSE:02180 +1.36% 83 3-Year ROIIC % is 46.99 as of Dec. 2025, which is 240% above its 10-year median of 13.84. GuruFocus rates HKSE:02180 with a GF Score™ of 83/100 and a GF Value™ of HK$5.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,007 Business Services companies, ManpowerGroup Greater China ranks better than 84.41% 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. ManpowerGroup Greater China's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 46.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for ManpowerGroup Greater China's 3-Year ROIIC % or its related term are showing as below:

HKSE:02180's 3-Year ROIIC % is ranked better than
84.41% of 1007 companies
in the Business Services industry
Industry Median: 5.46 vs HKSE:02180: 46.99

ManpowerGroup Greater China  (HKSE:02180) 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.


ManpowerGroup Greater China 3-Year ROIIC % Related Terms


ManpowerGroup Greater China 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for ManpowerGroup Greater China'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.

ManpowerGroup Greater China 3-Year ROIIC % Chart

ManpowerGroup Greater China 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 -19.93 68.95 -3.26 -14.98 3.26

ManpowerGroup Greater China Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 -14.98 0.00 3.26 0.00

HKSE:02180 vs RHI, KFY, TNET: 3-Year ROIIC % Comparison

For the Staffing & Employment Services subindustry, ManpowerGroup Greater China'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.


ManpowerGroup Greater China 3-Year ROIIC % vs Business Services Industry

For the Business Services industry and Industrials sector, ManpowerGroup Greater China's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where ManpowerGroup Greater China's 3-Year ROIIC % falls into.


HKSE:02180
83GF Score
ManpowerGroup Greater China Ltd HKSE:02180
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ManpowerGroup Greater China 3-Year ROIIC % Calculation

ManpowerGroup Greater China'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**
=( 190.812842 (Dec. 2025) - 135.7190824 (Dec. 2022) )/( 507.559 (Dec. 2025) - 390.314 (Dec. 2022) )
=55.0937596/117.245
=46.99%***

* 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 46.99 mean?
ManpowerGroup Greater China (HKSE:02180) has a 3-Year ROIIC % of 46.99 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 ManpowerGroup Greater China and its competitors. This is 240% above median its historical median of 13.84. According to the industry distribution chart, ManpowerGroup Greater China ranks #157 out of 1007 companies in the Business Services industry, placing it in the top 15.6%.
Is ManpowerGroup Greater China's 3-Year ROIIC % too high?
ManpowerGroup Greater China's current 3-Year ROIIC % of 46.99 is 240% above median its 10-year median of 13.84. The Business Services industry median 3-Year ROIIC % is 5.46. ManpowerGroup Greater China's value of 46.99 is 760.6% above this industry median. Based on the distribution chart, ManpowerGroup Greater China ranks #157 out of 1007 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, ManpowerGroup Greater China has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's 3-Year ROIIC % compare to RHI and KFY?
According to the Business Services industry distribution chart, ManpowerGroup Greater China ranks #157 out of 1007 companies for 3-Year ROIIC %. This places ManpowerGroup Greater China in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.46. ManpowerGroup Greater China's value of 46.99 is 760.6% above this benchmark. While the company's 10-year median is 13.84 vs. the industry median of 5.46, ManpowerGroup Greater China 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 Business Services company?
The median 3-Year ROIIC % among Business Services companies is 5.46, based on 1,007 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. ManpowerGroup Greater China's current 3-Year ROIIC % of 46.99 is 760.6% 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 ManpowerGroup Greater China and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ManpowerGroup Greater China's current 3-Year ROIIC % is 46.99, which is 240% above median its own 10-year median of 13.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$5.81, compared to a current price of HK$4.85 — trading 16.6% below its estimated fair value. The current 3-Year ROIIC % is 46.99, which is 240% above median its 10-year median of 13.84 and 760.6% above the Business Services industry median of 5.46. ManpowerGroup Greater China's overall GF Score™ is 83/100 with 4 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 ManpowerGroup Greater China (HKSE:02180), the current 3-Year ROIIC % is 46.99 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?

Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued. The current stock price of HK$4.85 is trading 16.6% below its estimated GF Value™ of HK$5.81. GuruFocus considers ManpowerGroup Greater China to be Modestly Undervalued.

Key valuation signals for HKSE:02180:

  • 3-Year ROIIC %: 46.99 (240% above median its 10-year median of 13.84)
  • GF Value™: HK$5.81 vs. price of HK$4.85 (16.6% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 760.6% above the Business Services median (#157 of 1007)

No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ManpowerGroup Greater China Business Description

Address No. 999, Pudong Road (S, 36th Floor, Xin Mei Union Square, Pudong District, Shanghai, CHN
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
83GF Score

Get the complete analysis for HKSE:02180

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

HK$4.85
Price
HK$5.81
GF Value