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Global TestingSGX:AYN 76 3-Year ROIIC % is -503.22 as of Dec. 2025. GuruFocus rates SGX:AYN with a GF Score™ of 76/100 and a GF Value™ of S$1.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 996 Semiconductors companies, Global Testing ranks worse than 98.29% 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.
Global Testing's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -503.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Global Testing's 3-Year ROIIC % or its related term are showing as below:
SGX:AYN's 3-Year ROIIC % is ranked worse than 98.29% of 996
companies
in the Semiconductors industry
Industry Median: -0.19
vs SGX:AYN: -503.22
Global Testing (SGX:AYN) 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.
Global Testing 3-Year ROIIC % Related Terms
Global Testing 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Global Testing'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:AYN vs AMAT, LRCX, KLAC: 3-Year ROIIC % Comparison
For the Semiconductor Equipment & Materials subindustry, Global Testing'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.
Global Testing 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Global Testing's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Global Testing's 3-Year ROIIC % falls into.
Global Testing'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**
=
( 4.386416 (Dec. 2025) - 15.0093027 (Dec. 2022) )
/
( 47.354 (Dec. 2025) - 45.243 (Dec. 2022) )
=
-10.6228867
/
2.111
=
-503.22%***
* 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.
Global Testing (SGX:AYN) has a 3-Year ROIIC % of -503.22 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 Global Testing and its competitors. According to the industry distribution chart, Global Testing ranks #979 out of 996 companies in the Semiconductors industry, placing it in the top 98.3%.
Is Global Testing's 3-Year ROIIC % too high?
Global Testing's current 3-Year ROIIC % is -503.22. Based on the distribution chart, Global Testing ranks #979 out of 996 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Global Testing has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Testing's 3-Year ROIIC % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Global Testing ranks #979 out of 996 companies for 3-Year ROIIC %. This places Global Testing in the lower 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 Global Testing and its competitors. Global Testing's current 3-Year ROIIC % is -503.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Testing stock overvalued right now?
Based on GuruFocus' analysis, Global Testing (SGX:AYN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.19, compared to a current price of S$1.16 — trading 2.5% below its estimated fair value. The current 3-Year ROIIC % is -503.22. Global Testing's overall GF Score™ is 76/100 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 Global Testing (SGX:AYN), the current 3-Year ROIIC % is -503.22 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 Global Testing (SGX:AYN) Overvalued in 2026?
Based on GuruFocus' analysis, Global Testing stock appears to be undervalued.
The current stock price of S$1.16 is trading 2.5% below its estimated GF Value™ of S$1.19.
GuruFocus considers Global Testing to be Fairly Valued.
Key valuation signals for SGX:AYN:
3-Year ROIIC %: -503.22
GF Value™: S$1.19 vs. price of S$1.16 (2.5% below fair value)
No single metric tells the full story. See the SGX:AYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Testing Corp Ltd is engaged in providing testing services. The group provides testing services such as wafer sorting and final testing to the semiconductor industry, focusing on logic and mixed-signal semiconductors used in consumer electronics and communication devices. As part of its testing services, it provides test program development, conversion and optimization services, load board and probe card design, and leases its testers to its customers for trial and pilot testing purposes on an ad hoc basis. Geographically the business presence of the company is seen across the region of Singapore, the USA, Taiwan, Thailand, China, Japan, and other countries.
76GF Score
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