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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-express Logistics Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 295.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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-express Logistics Holdings 3-Year ROIIC % Related Terms
Asia-express Logistics 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.
For the Airports & Air Services subindustry, Asia-express Logistics 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.
Asia-express Logistics Holdings 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Asia-express Logistics Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Asia-express Logistics Holdings's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 7.863 (Mar. 2026) - -14.1060196 (Mar. 2023) )
/
( 128.2 (Mar. 2026) - 120.775 (Mar. 2023) )
=
21.9690196
/
7.425
=
295.88%***
* 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-express Logistics Holdings (HKSE:08620) has a 3-Year ROIIC % of 295.88 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-express Logistics Holdings and its competitors. According to the industry distribution chart, Asia-express Logistics Holdings ranks #25 out of 947 companies in the Transportation industry, placing it in the top 2.6%.
Is Asia-express Logistics Holdings' 3-Year ROIIC % too high?
Asia-express Logistics Holdings' current 3-Year ROIIC % is 295.88. The Transportation industry median 3-Year ROIIC % is 1.78. Asia-express Logistics Holdings' value of 295.88 is 16522.5% above this industry median. Based on the distribution chart, Asia-express Logistics Holdings ranks #25 out of 947 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Asia-express Logistics Holdings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia-express Logistics Holdings' 3-Year ROIIC % compare to JOBY?
According to the Transportation industry distribution chart, Asia-express Logistics Holdings ranks #25 out of 947 companies for 3-Year ROIIC %. This places Asia-express Logistics Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.78. Asia-express Logistics Holdings' value of 295.88 is 16522.5% above this benchmark. 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.78, based on 947 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. Asia-express Logistics Holdings's current 3-Year ROIIC % of 295.88 is 16522.5% 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 Asia-express Logistics Holdings and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia-express Logistics Holdings's current 3-Year ROIIC % is 295.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia-express Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia-express Logistics Holdings (HKSE:08620) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.15 — trading 49% above its estimated fair value. The current 3-Year ROIIC % is 295.88 and 16522.5% above the Transportation industry median of 1.78. Asia-express Logistics Holdings' overall GF Score™ is 53/100 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 Asia-express Logistics Holdings (HKSE:08620), the current 3-Year ROIIC % is 295.88 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 Asia-express Logistics Holdings (HKSE:08620) Overvalued in 2026?
Based on GuruFocus' analysis, Asia-express Logistics Holdings stock appears to be overvalued.
The current stock price of HK$0.15 is trading 49% above its estimated GF Value™ of HK$0.10.
GuruFocus considers Asia-express Logistics Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08620:
3-Year ROIIC %: 295.88
GF Value™: HK$0.10 vs. price of HK$0.15 (49% above fair value)
Industry Position: 16522.5% above the Transportation median (#25 of 947)
No single metric tells the full story. See the HKSE:08620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia-express Logistics Holdings Ltd is an air cargo ground handling services provider in Hong Kong. The company's air cargo ground handling services cover Air cargo terminal operation; Transportation; Warehousing and other value-added services. It provides services to express carriers; air cargo terminal operators, freight forwarders, and corporates domestically and regionally. The group's operations are mainly located in Hong Kong and the PRC, of which key revenue is generated from Air cargo terminal operation services in Hong Kong.
53GF Score
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