Hafary Holdings (SGX:5VS) 3-Year ROIIC % : 13.08% (As of Dec. 2025) — 153% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

SGX:5VS Hafary Holdings Ltd SGX:5VS
63 GF Score
Price S$0.60
GF Value S$0.43
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Hafary Holdings 3-Year ROIIC %?

Hafary Holdings SGX:5VS +0.85% 63 3-Year ROIIC % is 13.08 as of Dec. 2025, which is 153% above its 10-year median of 5.16. GuruFocus rates SGX:5VS with a GF Score™ of 63/100 and a GF Value™ of S$0.43 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,700 Construction companies, Hafary Holdings ranks better than 64.94% 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. Hafary Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 13.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SGX:5VS's 3-Year ROIIC % is ranked better than
64.94% of 1700 companies
in the Construction industry
Industry Median: 4.86 vs SGX:5VS: 13.08

Hafary Holdings  (SGX:5VS) 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.


Hafary Holdings 3-Year ROIIC % Related Terms


Hafary Holdings 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Hafary 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.

Hafary Holdings 3-Year ROIIC % Chart

Hafary Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.16 4.78 8.48 1.56 13.08

Hafary Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 1.56 0.00 13.08 0.00

SGX:5VS vs TT, JCI, CARR: 3-Year ROIIC % Comparison

For the Building Products & Equipment subindustry, Hafary 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.


Hafary Holdings 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Hafary Holdings's 3-Year ROIIC % distribution charts can be found below:

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


SGX:5VS
63GF Score
Hafary Holdings Ltd SGX:5VS
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hafary Holdings 3-Year ROIIC % Calculation

Hafary 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**
=( 34.6861344 (Dec. 2025) - 25.7008104 (Dec. 2022) )/( 431.323 (Dec. 2025) - 362.611 (Dec. 2022) )
=8.985324/68.712
=13.08%***

* 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 13.08 mean?
Hafary Holdings (SGX:5VS) has a 3-Year ROIIC % of 13.08 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 Hafary Holdings and its competitors. This is 153% above median its historical median of 5.16. According to the industry distribution chart, Hafary Holdings ranks #596 out of 1700 companies in the Construction industry, placing it in the top 35.1%.
Is Hafary Holdings' 3-Year ROIIC % too high?
Hafary Holdings' current 3-Year ROIIC % of 13.08 is 153% above median its 10-year median of 5.16. The Construction industry median 3-Year ROIIC % is 4.86. Hafary Holdings' value of 13.08 is 169.1% above this industry median. Based on the distribution chart, Hafary Holdings ranks #596 out of 1700 companies in the Construction industry, which is above the industry midpoint. Overall, Hafary Holdings has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hafary Holdings' 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, Hafary Holdings ranks #596 out of 1700 companies for 3-Year ROIIC %. This puts Hafary Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 4.86. Hafary Holdings' value of 13.08 is 169.1% above this benchmark. While the company's 10-year median is 5.16 vs. the industry median of 4.86, Hafary Holdings 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 a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.86, based on 1,700 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. Hafary Holdings's current 3-Year ROIIC % of 13.08 is 169.1% 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 Hafary Holdings and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hafary Holdings's current 3-Year ROIIC % is 13.08, which is 153% above median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hafary Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hafary Holdings (SGX:5VS) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.43, compared to a current price of S$0.60 — trading 38.4% above its estimated fair value. The current 3-Year ROIIC % is 13.08, which is 153% above median its 10-year median of 5.16 and 169.1% above the Construction industry median of 4.86. Hafary Holdings' overall GF Score™ is 63/100 with 12 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 Hafary Holdings (SGX:5VS), the current 3-Year ROIIC % is 13.08 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 Hafary Holdings (SGX:5VS) Overvalued in 2026?

Based on GuruFocus' analysis, Hafary Holdings stock appears to be overvalued. The current stock price of S$0.60 is trading 38.4% above its estimated GF Value™ of S$0.43. GuruFocus considers Hafary Holdings to be Significantly Overvalued.

Key valuation signals for SGX:5VS:

  • 3-Year ROIIC %: 13.08 (153% above median its 10-year median of 5.16)
  • GF Value™: S$0.43 vs. price of S$0.60 (38.4% above fair value)
  • GF Score™: 63/100 with 12 warning signs
  • Industry Position: 169.1% above the Construction median (#596 of 1700)

No single metric tells the full story. See the SGX:5VS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hafary Holdings Business Description

Address 105 Eunos Avenue 3, Hafary Centre, Singapore, SGP, 409836
Hafary Holdings Ltd is engaged in the production and distribution of premium tiles, stone, mosaic, wood flooring, quartz top, sanitary ware, and fittings. The company is organized into segments such as; the General segment which is specially designed as per the requirement of small property developers which contributes a part of revenue. Project segment is majorly designed as the requirement of customers who are involved in property development projects. Manufacturing segment includes manufacturing of ceramic tiles that cater to the customers' requirements and specifications. Others segment that engage in investing activities including net rental collected from properties. Majority of its derived from the General segment.
63GF Score

Get the complete analysis for SGX:5VS

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

S$0.60
Price
S$0.43
GF Value