Pakistan Stock Exchange (KAR:PSX) 3-Year ROIIC % : 10.12% (As of Jun. 2025)

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.
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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.

KAR:PSX Pakistan Stock Exchange Ltd KAR:PSX
72 GF Score
Price ₨51.53
GF Value ₨28.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Pakistan Stock Exchange 3-Year ROIIC %?

Pakistan Stock Exchange KAR:PSX +0.74% 72 3-Year ROIIC % is 10.12 as of Jun. 2025. GuruFocus rates KAR:PSX with a GF Score™ of 72/100 and a GF Value™ of ₨28.36 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 660 Capital Markets companies, Pakistan Stock Exchange ranks better than 65.76% 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. Pakistan Stock Exchange's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 10.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

KAR:PSX's 3-Year ROIIC % is ranked better than
65.76% of 660 companies
in the Capital Markets industry
Industry Median: 2.55 vs KAR:PSX: 10.12

Pakistan Stock Exchange  (KAR:PSX) 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.


Pakistan Stock Exchange 3-Year ROIIC % Related Terms


Pakistan Stock Exchange 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Pakistan Stock Exchange'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.

Pakistan Stock Exchange 3-Year ROIIC % Chart

Pakistan Stock Exchange Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.34 14.37 -0.52 -9.55 10.12

Pakistan Stock Exchange Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only 0.00 10.12 0.00 0.00 0.00

KAR:PSX vs SPGI, CME, MCO: 3-Year ROIIC % Comparison

For the Financial Data & Stock Exchanges subindustry, Pakistan Stock Exchange'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.


Pakistan Stock Exchange 3-Year ROIIC % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pakistan Stock Exchange's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Pakistan Stock Exchange's 3-Year ROIIC % falls into.


KAR:PSX
72GF Score
Pakistan Stock Exchange Ltd KAR:PSX
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan Stock Exchange 3-Year ROIIC % Calculation

Pakistan Stock Exchange's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 98.8831792 (Jun. 2025) - -119.362108 (Jun. 2022) )/( 12123.759 (Jun. 2025) - 9967.65 (Jun. 2022) )
=218.2452872/2156.109
=10.12%***

* 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 10.12 mean?
Pakistan Stock Exchange (KAR:PSX) has a 3-Year ROIIC % of 10.12 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Pakistan Stock Exchange and its competitors. According to the industry distribution chart, Pakistan Stock Exchange ranks #226 out of 660 companies in the Capital Markets industry, placing it in the top 34.2%.
Is Pakistan Stock Exchange's 3-Year ROIIC % too high?
Pakistan Stock Exchange's current 3-Year ROIIC % is 10.12. The Capital Markets industry median 3-Year ROIIC % is 2.55. Pakistan Stock Exchange's value of 10.12 is 296.9% above this industry median. Based on the distribution chart, Pakistan Stock Exchange ranks #226 out of 660 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Pakistan Stock Exchange has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Stock Exchange's 3-Year ROIIC % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Pakistan Stock Exchange ranks #226 out of 660 companies for 3-Year ROIIC %. This puts Pakistan Stock Exchange in the upper half of its industry. The industry median 3-Year ROIIC % is 2.55. Pakistan Stock Exchange's value of 10.12 is 296.9% 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 Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.55, based on 660 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. Pakistan Stock Exchange's current 3-Year ROIIC % of 10.12 is 296.9% 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 Pakistan Stock Exchange and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Stock Exchange's current 3-Year ROIIC % is 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Stock Exchange (KAR:PSX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨28.36, compared to a current price of ₨51.53 — trading 81.7% above its estimated fair value. The current 3-Year ROIIC % is 10.12 and 296.9% above the Capital Markets industry median of 2.55. Pakistan Stock Exchange's overall GF Score™ is 72/100 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 Pakistan Stock Exchange (KAR:PSX), the current 3-Year ROIIC % is 10.12 as of Jun. 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 Pakistan Stock Exchange (KAR:PSX) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Stock Exchange stock appears to be overvalued. The current stock price of ₨51.53 is trading 81.7% above its estimated GF Value™ of ₨28.36. GuruFocus considers Pakistan Stock Exchange to be Significantly Overvalued.

Key valuation signals for KAR:PSX:

  • 3-Year ROIIC %: 10.12
  • GF Value™: ₨28.36 vs. price of ₨51.53 (81.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 296.9% above the Capital Markets median (#226 of 660)

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


Pakistan Stock Exchange Business Description

Address Stock Exchange Road, Stock Exchange Building, Karachi, SD, PAK, 74000
Pakistan Stock Exchange Ltd is engaged in conducting, regulating and controlling the trade or business of purchasing, selling and trading in debentures stock, government papers, shares, scrips, stocks, bonds, loans, and any other instruments and securities. The products of the company involve Equity Segments, known as Ready Market (T+2), Bills & Bonds (for trading in government debt securities & corporate debt), Futures Counter, Deliverable Futures Contracts, Stock Index Futures, Negotiated Deal Market, REIT, Exchange Traded Funds and GEM Board.
72GF Score

Get the complete analysis for KAR:PSX

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

₨51.53
Price
₨28.36
GF Value