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What is Noble Engineering Group Holdings 3-Year ROIIC %?
Noble Engineering Group HoldingsHKSE:08445 34 3-Year ROIIC % is 16.30 as of Mar. 2026, which is 43% above its 10-year median of 11.39. GuruFocus rates HKSE:08445 with a GF Score™ of 34/100 and a GF Value™ of HK$0.14 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,695 Construction companies, Noble Engineering Group Holdings ranks better than 69.56% 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.
Noble Engineering Group Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 16.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Noble Engineering Group Holdings (HKSE:08445) 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.
Noble Engineering Group Holdings 3-Year ROIIC % Related Terms
Noble Engineering Group Holdings 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.
Noble Engineering Group Holdings 3-Year ROIIC % Chart
HKSE:08445 vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Noble Engineering Group 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.
Noble Engineering Group Holdings 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Noble Engineering Group Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Noble Engineering Group Holdings's 3-Year ROIIC % falls into.
* 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.
Noble Engineering Group Holdings (HKSE:08445) has a 3-Year ROIIC % of 16.30 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 Noble Engineering Group Holdings and its competitors. This is 43% above median its historical median of 11.39. According to the industry distribution chart, Noble Engineering Group Holdings ranks #516 out of 1695 companies in the Construction industry, placing it in the top 30.4%.
Is Noble Engineering Group Holdings' 3-Year ROIIC % too high?
Noble Engineering Group Holdings' current 3-Year ROIIC % of 16.30 is 43% above median its 10-year median of 11.39. The Construction industry median 3-Year ROIIC % is 4.63. Noble Engineering Group Holdings' value of 16.30 is 252.1% above this industry median. Based on the distribution chart, Noble Engineering Group Holdings ranks #516 out of 1695 companies in the Construction industry, which is above the industry midpoint. Overall, Noble Engineering Group Holdings has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noble Engineering Group Holdings' 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Noble Engineering Group Holdings ranks #516 out of 1695 companies for 3-Year ROIIC %. This puts Noble Engineering Group Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 4.63. Noble Engineering Group Holdings' value of 16.30 is 252.1% above this benchmark. While the company's 10-year median is 11.39 vs. the industry median of 4.63, Noble Engineering Group Holdings 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,695 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. Noble Engineering Group Holdings's current 3-Year ROIIC % of 16.30 is 252.1% 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 Noble Engineering Group Holdings and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Engineering Group Holdings's current 3-Year ROIIC % is 16.30, which is 43% above median its own 10-year median of 11.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Engineering Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Noble Engineering Group Holdings (HKSE:08445) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.18 — trading 30% above its estimated fair value. The current 3-Year ROIIC % is 16.30, which is 43% above median its 10-year median of 11.39 and 252.1% above the Construction industry median of 4.63. Noble Engineering Group Holdings' overall GF Score™ is 34/100 with 5 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 Noble Engineering Group Holdings (HKSE:08445), the current 3-Year ROIIC % is 16.30 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 Noble Engineering Group Holdings (HKSE:08445) Overvalued in 2026?
Based on GuruFocus' analysis, Noble Engineering Group Holdings stock appears to be overvalued.
The current stock price of HK$0.18 is trading 30% above its estimated GF Value™ of HK$0.14.
GuruFocus considers Noble Engineering Group Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:08445:
3-Year ROIIC %: 16.30 (43% above median its 10-year median of 11.39)
GF Value™: HK$0.14 vs. price of HK$0.18 (30% above fair value)
Industry Position: 252.1% above the Construction median (#516 of 1695)
No single metric tells the full story. See the HKSE:08445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noble Engineering Group Holdings Ltd performs wet trades works as a subcontractor in Hong Kong. It offers wet trades works solutions including tile-laying, bricklaying, plastering, floor screeding and marble works. Its services are provided to both the private sector and public sector for various building construction projects including residential, community facilities, public housing, and commercial development projects.
34GF Score
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