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HL Global EnterprisesSGX:AVX +5.56%59 3-Year ROIIC % is 28.11 as of Dec. 2025, which is 110% above its 10-year median of 13.40. GuruFocus rates SGX:AVX with a GF Score™ of 59/100 and a GF Value™ of S$0.28 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 790 Travel & Leisure companies, HL Global Enterprises ranks better than 75.82% 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.
HL Global Enterprises's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 28.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for HL Global Enterprises's 3-Year ROIIC % or its related term are showing as below:
SGX:AVX's 3-Year ROIIC % is ranked better than 75.82% of 790
companies
in the Travel & Leisure industry
Industry Median: 3.995
vs SGX:AVX: 28.11
HL Global Enterprises (SGX:AVX) 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.
HL Global Enterprises 3-Year ROIIC % Related Terms
HL Global Enterprises 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for HL Global Enterprises'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.
For the Lodging subindustry, HL Global Enterprises'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.
HL Global Enterprises 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, HL Global Enterprises's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where HL Global Enterprises's 3-Year ROIIC % falls into.
HL Global Enterprises'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**
=
( 2.604732 (Dec. 2025) - 2.9940708 (Dec. 2022) )
/
( 20.42 (Dec. 2025) - 21.805 (Dec. 2022) )
=
-0.3893388
/
-1.385
=
28.11%***
* 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.
HL Global Enterprises (SGX:AVX) has a 3-Year ROIIC % of 28.11 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 HL Global Enterprises and its competitors. This is 110% above median its historical median of 13.40. According to the industry distribution chart, HL Global Enterprises ranks #191 out of 790 companies in the Travel & Leisure industry, placing it in the top 24.2%.
Is HL Global Enterprises' 3-Year ROIIC % too high?
HL Global Enterprises' current 3-Year ROIIC % of 28.11 is 110% above median its 10-year median of 13.40. The Travel & Leisure industry median 3-Year ROIIC % is 4.00. HL Global Enterprises' value of 28.11 is 603.6% above this industry median. Based on the distribution chart, HL Global Enterprises ranks #191 out of 790 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, HL Global Enterprises has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HL Global Enterprises' 3-Year ROIIC % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, HL Global Enterprises ranks #191 out of 790 companies for 3-Year ROIIC %. This places HL Global Enterprises in the top 24% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.00. HL Global Enterprises' value of 28.11 is 603.6% above this benchmark. While the company's 10-year median is 13.40 vs. the industry median of 4.00, HL Global Enterprises 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 4.00, based on 790 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. HL Global Enterprises's current 3-Year ROIIC % of 28.11 is 603.6% 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 HL Global Enterprises and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HL Global Enterprises's current 3-Year ROIIC % is 28.11, which is 110% above median its own 10-year median of 13.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HL Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, HL Global Enterprises (SGX:AVX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.28, compared to a current price of S$0.38 — trading 35.7% above its estimated fair value. The current 3-Year ROIIC % is 28.11, which is 110% above median its 10-year median of 13.40 and 603.6% above the Travel & Leisure industry median of 4.00. HL Global Enterprises' overall GF Score™ is 59/100 with 1 warning sign 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 HL Global Enterprises (SGX:AVX), the current 3-Year ROIIC % is 28.11 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 HL Global Enterprises (SGX:AVX) Overvalued in 2026?
Based on GuruFocus' analysis, HL Global Enterprises stock appears to be overvalued.
The current stock price of S$0.38 is trading 35.7% above its estimated GF Value™ of S$0.28.
GuruFocus considers HL Global Enterprises to be Significantly Overvalued.
Key valuation signals for SGX:AVX:
3-Year ROIIC %: 28.11 (110% above median its 10-year median of 13.40)
GF Value™: S$0.28 vs. price of S$0.38 (35.7% above fair value)
Industry Position: 603.6% above the Travel & Leisure median (#191 of 790)
No single metric tells the full story. See the SGX:AVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HL Global Enterprises Ltd operates and manages hotels and restaurants in Singapore, Malaysia, and China. It is also engaged in the development of properties for sale and rental, and property and development project management. It operates in three segments: Investment and others, which involves investment holding; Hospitality and restaurant, which is engaged in operating and management of hotels and restaurants; and Property development which includes development of properties for sale and rental and property and development project management. The hospitality and restaurant segment generates maximum revenue for the company. The Group operates principally in Singapore and Malaysia.
59GF Score
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