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Hor KewSGX:BBP -0.73%47 3-Year ROIIC % is 6.15 as of Dec. 2025, which is 0% below its 10-year median of 6.18. GuruFocus rates SGX:BBP with a GF Score™ of 47/100 and a GF Value™ of S$0.32 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,693 Construction companies, Hor Kew ranks better than 53.1% 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.
Hor Kew's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hor Kew's 3-Year ROIIC % or its related term are showing as below:
SGX:BBP's 3-Year ROIIC % is ranked better than 53.1% of 1693
companies
in the Construction industry
Industry Median: 4.63
vs SGX:BBP: 6.15
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.
Hor Kew 3-Year ROIIC % Related Terms
Hor Kew 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hor Kew'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:BBP vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Hor Kew'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.
Hor Kew 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Hor Kew's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hor Kew's 3-Year ROIIC % falls into.
Hor Kew'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**
=
( 5.778809 (Dec. 2025) - 2.9668716 (Dec. 2022) )
/
( 195.003 (Dec. 2025) - 149.311 (Dec. 2022) )
=
2.8119374
/
45.692
=
6.15%***
* 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.
Hor Kew (SGX:BBP) has a 3-Year ROIIC % of 6.15 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 Hor Kew and its competitors. This is near median its historical median of 6.18. According to the industry distribution chart, Hor Kew ranks #794 out of 1693 companies in the Construction industry, placing it in the top 46.9%.
Is Hor Kew's 3-Year ROIIC % too high?
Hor Kew's current 3-Year ROIIC % of 6.15 is near median its 10-year median of 6.18. The Construction industry median 3-Year ROIIC % is 4.63. Hor Kew's value of 6.15 is 32.8% above this industry median. Based on the distribution chart, Hor Kew ranks #794 out of 1693 companies in the Construction industry, which is above the industry midpoint. Overall, Hor Kew has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Hor Kew ranks #794 out of 1693 companies for 3-Year ROIIC %. This puts Hor Kew in the upper half of its industry. The industry median 3-Year ROIIC % is 4.63. Hor Kew's value of 6.15 is 32.8% above this benchmark. While the company's 10-year median is 6.18 vs. the industry median of 4.63, Hor Kew 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 4.63, based on 1,693 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. Hor Kew's current 3-Year ROIIC % of 6.15 is 32.8% 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 Hor Kew and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current 3-Year ROIIC % is 6.15, which is near median its own 10-year median of 6.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.32, compared to a current price of S$1.36 — trading 325% above its estimated fair value. The current 3-Year ROIIC % is 6.15, which is near median its 10-year median of 6.18 and 32.8% above the Construction industry median of 4.63. Hor Kew's overall GF Score™ is 47/100 with 7 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 Hor Kew (SGX:BBP), the current 3-Year ROIIC % is 6.15 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 Hor Kew (SGX:BBP) Overvalued in 2026?
Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued.
The current stock price of S$1.36 is trading 325% above its estimated GF Value™ of S$0.32.
GuruFocus considers Hor Kew to be Significantly Overvalued.
Key valuation signals for SGX:BBP:
3-Year ROIIC %: 6.15 (near median its 10-year median of 6.18)
GF Value™: S$0.32 vs. price of S$1.36 (325% above fair value)
Industry Position: 32.8% above the Construction median (#794 of 1693)
No single metric tells the full story. See the SGX:BBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
47GF Score
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