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.
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.
Spindex Industries's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 56.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Spindex Industries's 3-Year ROIIC % or its related term are showing as below:
SGX:564's 3-Year ROIIC % is not ranked
in the Industrial Products industry.
Industry Median: 3.52
vs SGX:564: 56.74
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.
Spindex Industries 3-Year ROIIC % Related Terms
Spindex Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Spindex Industries'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.
SGX:564 vs SNA, RBC, LECO: 3-Year ROIIC % Comparison
For the Tools & Accessories subindustry, Spindex Industries'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.
Spindex Industries 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spindex Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Spindex Industries's 3-Year ROIIC % falls into.
Spindex Industries'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**
=
( 5.5367183 (Jun. 2025) - 17.012541 (Jun. 2022) )
/
( 134.368 (Jun. 2025) - 154.595 (Jun. 2022) )
=
-11.4758227
/
-20.227
=
56.74%***
* 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.
Spindex Industries (SGX:564) has a 3-Year ROIIC % of 56.74 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 Spindex Industries and its competitors. This is 186% above median its historical median of 19.86.
Is Spindex Industries' 3-Year ROIIC % too high?
Spindex Industries' current 3-Year ROIIC % of 56.74 is 186% above median its 10-year median of 19.86. The Industrial Products industry median 3-Year ROIIC % is 3.52. Spindex Industries' value of 56.74 is 1511.9% above this industry median. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' 3-Year ROIIC % compare to SNA and RBC?
Spindex Industries' 3-Year ROIIC % of 56.74 can be compared against companies in the Industrial Products industry. The industry median 3-Year ROIIC % is 3.52. Spindex Industries' value of 56.74 is 1511.9% above this benchmark. While the company's 10-year median is 19.86 vs. the industry median of 3.52, Spindex Industries 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.52, based on 2,933 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. Spindex Industries's current 3-Year ROIIC % of 56.74 is 1511.9% 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 Spindex Industries and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current 3-Year ROIIC % is 56.74, which is 186% above median its own 10-year median of 19.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current 3-Year ROIIC % of 56.74. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current 3-Year ROIIC % is 56.74, which is 186% above median its 10-year median of 19.86 and 1511.9% above the Industrial Products industry median of 3.52. Spindex Industries' overall GF Score™ is 68/100 with 9 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 Spindex Industries (SGX:564), the current 3-Year ROIIC % is 56.74 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 Spindex Industries (SGX:564) Overvalued in 2026?
Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued.
The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.
Key valuation signals for SGX:564:
3-Year ROIIC %: 56.74 (186% above median its 10-year median of 19.86)
GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
Industry Position: 1511.9% above the Industrial Products median
No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score
Get the complete analysis for SGX:564
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:564 has been successfully added to your 
