Aeso Holding (HKSE:08341) 3-Year ROIIC % : -1.48% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08341 Aeso Holding Ltd HKSE:08341
45 GF Score
Price HK$0.14
GF Value HK$0.07
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Aeso Holding 3-Year ROIIC %?

Aeso Holding HKSE:08341 45 3-Year ROIIC % is -1.48 as of Mar. 2026. GuruFocus rates HKSE:08341 with a GF Score™ of 45/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,007 Business Services companies, Aeso Holding ranks worse than 66.04% 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. Aeso Holding's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -1.48%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:08341's 3-Year ROIIC % is ranked worse than
66.04% of 1007 companies
in the Business Services industry
Industry Median: 5.46 vs HKSE:08341: -1.48

Aeso Holding  (HKSE:08341) 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.


Aeso Holding 3-Year ROIIC % Related Terms


Aeso Holding 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Aeso Holding'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.

Aeso Holding 3-Year ROIIC % Chart

Aeso Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.91 -182.02 29.79 -2.99 3.47

Aeso Holding Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 29.79 0.00 -2.99 0.00 3.47

HKSE:08341 vs VRSK, EFX, BAH: 3-Year ROIIC % Comparison

For the Consulting Services subindustry, Aeso Holding'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.


Aeso Holding 3-Year ROIIC % vs Business Services Industry

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

* The bar in red indicates where Aeso Holding's 3-Year ROIIC % falls into.


HKSE:08341
45GF Score
Aeso Holding Ltd HKSE:08341
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aeso Holding 3-Year ROIIC % Calculation

Aeso Holding'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**
=( 7.1566235 (Mar. 2026) - 7.762 (Mar. 2023) )/( 107.747 (Mar. 2026) - 66.859 (Mar. 2023) )
=-0.6053765/40.888
=-1.48%***

* 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 -1.48 mean?
Aeso Holding (HKSE:08341) has a 3-Year ROIIC % of -1.48 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 Aeso Holding and its competitors. According to the industry distribution chart, Aeso Holding ranks #665 out of 1007 companies in the Business Services industry, placing it in the top 66%.
Is Aeso Holding's 3-Year ROIIC % too high?
Aeso Holding's current 3-Year ROIIC % is -1.48. Based on the distribution chart, Aeso Holding ranks #665 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, Aeso Holding has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aeso Holding's 3-Year ROIIC % compare to VRSK and EFX?
According to the Business Services industry distribution chart, Aeso Holding ranks #665 out of 1007 companies for 3-Year ROIIC %. This places Aeso Holding in the lower half of its industry. The industry median 3-Year ROIIC % is 5.46. 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. 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 Aeso Holding 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. Aeso Holding's current 3-Year ROIIC % is -1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeso Holding stock overvalued right now?
Based on GuruFocus' analysis, Aeso Holding (HKSE:08341) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.14 — trading 94.3% above its estimated fair value. The current 3-Year ROIIC % is -1.48. Aeso Holding's overall GF Score™ is 45/100 with 3 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 Aeso Holding (HKSE:08341), the current 3-Year ROIIC % is -1.48 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 Aeso Holding (HKSE:08341) Overvalued in 2026?

Based on GuruFocus' analysis, Aeso Holding stock appears to be overvalued. The current stock price of HK$0.14 is trading 94.3% above its estimated GF Value™ of HK$0.07. GuruFocus considers Aeso Holding to be Significantly Overvalued.

Key valuation signals for HKSE:08341:

  • 3-Year ROIIC %: -1.48
  • GF Value™: HK$0.07 vs. price of HK$0.14 (94.3% above fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the HKSE:08341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aeso Holding Business Description

Address 22-26 Bonham Strand, 17th and 18th Floor, The Pemberton, Sheung Wan, Hong Kong, HKG
Aeso Holding Ltd is an investment holding company. Through its subsidiaries, it operates as a contractor providing renovation work and alteration services for commercial premises. It also offers fitting-out work for the construction of commercial and residential developments. The operating segments of the company are Fitting-out projects and Renovation projects, of which maximum revenue is derived from operating Fitting-out projects. The company's revenue is derived from its operations in Hong Kong.
45GF Score

Get the complete analysis for HKSE:08341

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

HK$0.14
Price
HK$0.07
GF Value