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.
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.
Asia Grocery DistributionHKSE:08413 +3.17% 3-Year ROIIC % is -1.62 as of Mar. 2026. The stock has 1 warning sign investors should review. Among 298 Retail - Defensive companies, Asia Grocery Distribution ranks worse than 68.46% 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.
Asia Grocery Distribution's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -1.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Asia Grocery Distribution's 3-Year ROIIC % or its related term are showing as below:
HKSE:08413's 3-Year ROIIC % is ranked worse than 68.46% of 298
companies
in the Retail - Defensive industry
Industry Median: 5.915
vs HKSE:08413: -1.62
Asia Grocery Distribution (HKSE:08413) 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.
Asia Grocery Distribution 3-Year ROIIC % Related Terms
Asia Grocery Distribution 3-Year ROIIC % Historical Data
* 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:08413 vs SYY, USFD, PFGC: 3-Year ROIIC % Comparison
For the Food Distribution subindustry, Asia Grocery Distribution'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.
Asia Grocery Distribution 3-Year ROIIC % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Asia Grocery Distribution's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Asia Grocery Distribution's 3-Year ROIIC % falls into.
Asia Grocery Distribution 3-Year ROIIC % Calculation
Asia Grocery Distribution'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**
=
( -0.8129905 (Mar. 2026) - -1.437 (Mar. 2023) )
/
( 47.484 (Mar. 2026) - 86.07 (Mar. 2023) )
=
0.6240095
/
-38.586
=
-1.62%***
* 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.
Asia Grocery Distribution (HKSE:08413) has a 3-Year ROIIC % of -1.62 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 Asia Grocery Distribution and its competitors. According to the industry distribution chart, Asia Grocery Distribution ranks #204 out of 298 companies in the Retail - Defensive industry, placing it in the top 68.5%.
Is Asia Grocery Distribution's 3-Year ROIIC % too high?
Asia Grocery Distribution's current 3-Year ROIIC % is -1.62. Based on the distribution chart, Asia Grocery Distribution ranks #204 out of 298 companies in the Retail - Defensive industry, which is below the industry midpoint.
How does Asia Grocery Distribution's 3-Year ROIIC % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Asia Grocery Distribution ranks #204 out of 298 companies for 3-Year ROIIC %. This places Asia Grocery Distribution in the lower half of its industry. The industry median 3-Year ROIIC % is 5.92. 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 Retail - Defensive company?
The median 3-Year ROIIC % among Retail - Defensive companies is 5.92, based on 298 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 Asia Grocery Distribution and its competitors. For the Retail - Defensive industry, the median 3-Year ROIIC % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Grocery Distribution's current 3-Year ROIIC % is -1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Grocery Distribution stock overvalued right now?
Based on GuruFocus' analysis, Asia Grocery Distribution (HKSE:08413) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.07 — trading 45.8% below its estimated fair value. The current 3-Year ROIIC % is -1.62. 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 Asia Grocery Distribution (HKSE:08413), the current 3-Year ROIIC % is -1.62 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.
Asia Grocery Distribution Ltd is engaged in distributing food and beverage groceries to a wide array of customers, including restaurants, non-commercial dining establishments, hotels, private clubs, food processing operators, and wholesalers in Hong Kong. It also offers Kitchen and hygiene products, including food wrap and food-related products such as cling film, baking sheet, and foil, cleaning products such as detergent, bleach, and liquid soap, and others such as tissue paper, toothpicks, and towels, hygiene products such as face masks and gloves. The company distributes its products to Hong Kong, China, Greece, and Italy.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:08413 has been successfully added to your 
