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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.
Asti Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 21.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Asti Holdings's 3-Year ROIIC % or its related term are showing as below:
SGX:575's 3-Year ROIIC % is ranked better than 71.76% of 995
companies
in the Semiconductors industry
Industry Median: -0.2
vs SGX:575: 21.66
Asti Holdings (SGX:575) 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.
Asti Holdings 3-Year ROIIC % Related Terms
Asti Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Asti Holdings'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:575 vs AMAT, LRCX, KLAC: 3-Year ROIIC % Comparison
For the Semiconductor Equipment & Materials subindustry, Asti 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.
Asti Holdings 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Asti Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Asti Holdings's 3-Year ROIIC % falls into.
Asti Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 0.3606547 (Dec. 2025) - 5.4440322 (Dec. 2022) )
/
( 24.931 (Dec. 2025) - 48.405 (Dec. 2022) )
=
-5.0833775
/
-23.474
=
21.66%***
* 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.
Asti Holdings (SGX:575) has a 3-Year ROIIC % of 21.66 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Asti Holdings and its competitors. According to the industry distribution chart, Asti Holdings ranks #281 out of 995 companies in the Semiconductors industry, placing it in the top 28.2%.
Is Asti Holdings' 3-Year ROIIC % too high?
Asti Holdings' current 3-Year ROIIC % is 21.66. Based on the distribution chart, Asti Holdings ranks #281 out of 995 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Asti Holdings has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asti Holdings' 3-Year ROIIC % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Asti Holdings ranks #281 out of 995 companies for 3-Year ROIIC %. This puts Asti Holdings in the upper half of its industry. 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 Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Asti Holdings and its competitors. Asti Holdings's current 3-Year ROIIC % is 21.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asti Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asti Holdings (SGX:575) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.11 — trading 1030% above its estimated fair value. The current 3-Year ROIIC % is 21.66. Asti Holdings' overall GF Score™ is 30/100 with 4 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 Asti Holdings (SGX:575), the current 3-Year ROIIC % is 21.66 as of Dec. 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 Asti Holdings (SGX:575) Overvalued in 2026?
Based on GuruFocus' analysis, Asti Holdings stock appears to be overvalued.
The current stock price of S$0.11 is trading 1030% above its estimated GF Value™ of S$0.01.
GuruFocus considers Asti Holdings to be Significantly Overvalued.
Key valuation signals for SGX:575:
3-Year ROIIC %: 21.66
GF Value™: S$0.01 vs. price of S$0.11 (1030% above fair value)
No single metric tells the full story. See the SGX:575 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asti Holdings Ltd is an investment holding company. The Group focuses on high-growth opportunities in the semiconductor and modern technology sectors and owns one of the world's vast Semiconductor Manufacturing Services Providers, serving world-wide OEMs, contract manufacturers, and component distributors with Tape & Reel packaging, tape making, and IC programming services.
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