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ETS GroupHKSE:08031 46 3-Year ROIIC % is 24.74 as of Dec. 2025, which is 119% above its 10-year median of 11.30. GuruFocus rates HKSE:08031 with a GF Score™ of 46/100 and a GF Value™ of HK$0.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,016 Business Services companies, ETS Group ranks better than 75.2% 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.
ETS Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 24.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for ETS Group's 3-Year ROIIC % or its related term are showing as below:
HKSE:08031's 3-Year ROIIC % is ranked better than 75.2% of 1016
companies
in the Business Services industry
Industry Median: 5.385
vs HKSE:08031: 24.74
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.
ETS Group 3-Year ROIIC % Related Terms
ETS Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for ETS Group'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:08031 vs KFY, RHI, TNET: 3-Year ROIIC % Comparison
For the Staffing & Employment Services subindustry, ETS Group'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.
ETS Group 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, ETS Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where ETS Group's 3-Year ROIIC % falls into.
ETS Group'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**
=
( -11.98394 (Dec. 2025) - -6.984 (Dec. 2022) )
/
( 16.847 (Dec. 2025) - 37.061 (Dec. 2022) )
=
-4.99994
/
-20.214
=
24.74%***
* 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.
ETS Group (HKSE:08031) has a 3-Year ROIIC % of 24.74 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 ETS Group and its competitors. This is 119% above median its historical median of 11.30. According to the industry distribution chart, ETS Group ranks #252 out of 1016 companies in the Business Services industry, placing it in the top 24.8%.
Is ETS Group's 3-Year ROIIC % too high?
ETS Group's current 3-Year ROIIC % of 24.74 is 119% above median its 10-year median of 11.30. The Business Services industry median 3-Year ROIIC % is 5.39. ETS Group's value of 24.74 is 359.4% above this industry median. Based on the distribution chart, ETS Group ranks #252 out of 1016 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, ETS Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ETS Group's 3-Year ROIIC % compare to KFY and RHI?
According to the Business Services industry distribution chart, ETS Group ranks #252 out of 1016 companies for 3-Year ROIIC %. This places ETS Group in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.39. ETS Group's value of 24.74 is 359.4% above this benchmark. While the company's 10-year median is 11.30 vs. the industry median of 5.39, ETS Group 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 5.39, based on 1,016 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. ETS Group's current 3-Year ROIIC % of 24.74 is 359.4% 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 ETS Group and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETS Group's current 3-Year ROIIC % is 24.74, which is 119% above median its own 10-year median of 11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETS Group stock overvalued right now?
Based on GuruFocus' analysis, ETS Group (HKSE:08031) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.33 — trading 80.6% above its estimated fair value. The current 3-Year ROIIC % is 24.74, which is 119% above median its 10-year median of 11.30 and 359.4% above the Business Services industry median of 5.39. ETS Group's overall GF Score™ is 46/100 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 ETS Group (HKSE:08031), the current 3-Year ROIIC % is 24.74 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 ETS Group (HKSE:08031) Overvalued in 2026?
Based on GuruFocus' analysis, ETS Group stock appears to be overvalued.
The current stock price of HK$0.33 is trading 80.6% above its estimated GF Value™ of HK$0.18.
GuruFocus considers ETS Group to be Significantly Overvalued.
Key valuation signals for HKSE:08031:
3-Year ROIIC %: 24.74 (119% above median its 10-year median of 11.30)
GF Value™: HK$0.18 vs. price of HK$0.33 (80.6% above fair value)
Industry Position: 359.4% above the Business Services median (#252 of 1016)
No single metric tells the full story. See the HKSE:08031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ETS Group Ltd is engaged in providing comprehensive multi-media contact services, contact centre system and staff insourcing in Hong Kong. It has its services in six operating segments: Outsourcing inbound contact service, Outsourcing outbound contact service, Staff insourcing service, Contact service centre & service centre facilities management service, and The System and software business. Key revenue is earned from Staff insourcing services.
46GF Score
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