TRG Pakistan (KAR:TRG) 3-Year ROIIC % : 4.06% (As of Jun. 2025) — Near Median

Author: Vera Yuan Vera Yuan
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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:TRG TRG Pakistan Ltd KAR:TRG
63 GF Score
Price ₨60.81
GF Value ₨35.99
Valuation Significantly Overvalued
! 3 Warning Signs
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What is TRG Pakistan 3-Year ROIIC %?

TRG Pakistan KAR:TRG -0.07% 63 3-Year ROIIC % is 4.06 as of Jun. 2025, which is 4% above its 10-year median of 3.92. GuruFocus rates KAR:TRG with a GF Score™ of 63/100 and a GF Value™ of ₨35.99 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,013 Business Services companies, TRG Pakistan ranks worse than 53.01% 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. TRG Pakistan's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 4.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

KAR:TRG's 3-Year ROIIC % is ranked worse than
53.01% of 1013 companies
in the Business Services industry
Industry Median: 5.33 vs KAR:TRG: 4.06

TRG Pakistan  (KAR:TRG) 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.


TRG Pakistan 3-Year ROIIC % Related Terms


TRG Pakistan 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for TRG Pakistan'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.

TRG Pakistan 3-Year ROIIC % Chart

TRG Pakistan 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 3.78 -0.09 0.09 4.17 4.06

TRG Pakistan 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 4.06 0.00 0.00 0.00

KAR:TRG vs CTAS, CPRT, GPN: 3-Year ROIIC % Comparison

For the Specialty Business Services subindustry, TRG Pakistan'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.


TRG Pakistan 3-Year ROIIC % vs Business Services Industry

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

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


KAR:TRG
63GF Score
TRG Pakistan Ltd KAR:TRG
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRG Pakistan 3-Year ROIIC % Calculation

TRG Pakistan'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**
=( -438.524968 (Jun. 2025) - -30.960162 (Jun. 2022) )/( 46683.685 (Jun. 2025) - 56726.871 (Jun. 2022) )
=-407.564806/-10043.186
=4.06%***

* 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 4.06 mean?
TRG Pakistan (KAR:TRG) has a 3-Year ROIIC % of 4.06 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 TRG Pakistan and its competitors. This is near median its historical median of 3.92. According to the industry distribution chart, TRG Pakistan ranks #537 out of 1013 companies in the Business Services industry, placing it in the top 53%.
Is TRG Pakistan's 3-Year ROIIC % too high?
TRG Pakistan's current 3-Year ROIIC % of 4.06 is near median its 10-year median of 3.92. The Business Services industry median 3-Year ROIIC % is 5.33. TRG Pakistan's value of 4.06 is 23.8% below this industry median. Based on the distribution chart, TRG Pakistan ranks #537 out of 1013 companies in the Business Services industry, which is below the industry midpoint. Overall, TRG Pakistan has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TRG Pakistan's 3-Year ROIIC % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, TRG Pakistan ranks #537 out of 1013 companies for 3-Year ROIIC %. This places TRG Pakistan in the lower half of its industry. The industry median 3-Year ROIIC % is 5.33. TRG Pakistan's value of 4.06 is 23.8% below this benchmark. While the company's 10-year median is 3.92 vs. the industry median of 5.33, TRG Pakistan has consistently been below 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 Business Services company?
The median 3-Year ROIIC % among Business Services companies is 5.33, based on 1,013 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. TRG Pakistan's current 3-Year ROIIC % of 4.06 is 23.8% below 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 TRG Pakistan and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRG Pakistan's current 3-Year ROIIC % is 4.06, which is near median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRG Pakistan stock overvalued right now?
Based on GuruFocus' analysis, TRG Pakistan (KAR:TRG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨35.99, compared to a current price of ₨60.81 — trading 69% above its estimated fair value. The current 3-Year ROIIC % is 4.06, which is near median its 10-year median of 3.92 and 23.8% below the Business Services industry median of 5.33. TRG Pakistan's overall GF Score™ is 63/100 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 TRG Pakistan (KAR:TRG), the current 3-Year ROIIC % is 4.06 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 TRG Pakistan (KAR:TRG) Overvalued in 2026?

Based on GuruFocus' analysis, TRG Pakistan stock appears to be overvalued. The current stock price of ₨60.81 is trading 69% above its estimated GF Value™ of ₨35.99. GuruFocus considers TRG Pakistan to be Significantly Overvalued.

Key valuation signals for KAR:TRG:

  • 3-Year ROIIC %: 4.06 (near median its 10-year median of 3.92)
  • GF Value™: ₨35.99 vs. price of ₨60.81 (69% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 23.8% below the Business Services median (#537 of 1013)

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


TRG Pakistan Business Description

Address Sky Tower West Wing, 24th Floor, HC-3, Block 4, Marine Drive, Clifton, Dolmen, Karachi, SD, PAK, 75600
TRG Pakistan Ltd, through its subsidiary, acquires, invests, and manages operations relating to business process outsourcing, marketing of Medicare-related products, online customer acquisition, and contact center optimization services. It is engaged in investing in a portfolio of investments in the Technology and IT-enabled services sectors.
63GF Score

Get the complete analysis for KAR:TRG

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

₨60.81
Price
₨35.99
GF Value