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XMH HoldingsSGX:BQF +2.27%57 3-Year ROIIC % is 109.10 as of Apr. 2026, which is 422% above its 10-year median of 20.89. GuruFocus rates SGX:BQF with a GF Score™ of 57/100 and a GF Value™ of S$0.86 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,931 Industrial Products companies, XMH Holdings ranks better than 93.42% 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.
XMH Holdings's 3-Year ROIIC % for the quarter that ended in Apr. 2026 was 109.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for XMH Holdings's 3-Year ROIIC % or its related term are showing as below:
SGX:BQF's 3-Year ROIIC % is ranked better than 93.42% of 2931
companies
in the Industrial Products industry
Industry Median: 3.52
vs SGX:BQF: 109.10
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.
XMH Holdings 3-Year ROIIC % Related Terms
XMH Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for XMH 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:BQF vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, XMH 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.
XMH Holdings 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, XMH Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where XMH Holdings's 3-Year ROIIC % falls into.
XMH Holdings's 3-Year ROIIC % for the quarter that ended in Apr. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 27.810436 (Apr. 2026) - 5.4402152 (Apr. 2023) )
/
( 124.907 (Apr. 2026) - 104.403 (Apr. 2023) )
=
22.3702208
/
20.504
=
109.10%***
* 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.
XMH Holdings (SGX:BQF) has a 3-Year ROIIC % of 109.10 as of Apr. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on XMH Holdings and its competitors. This is 422% above median its historical median of 20.89. According to the industry distribution chart, XMH Holdings ranks #193 out of 2931 companies in the Industrial Products industry, placing it in the top 6.6%.
Is XMH Holdings' 3-Year ROIIC % too high?
XMH Holdings' current 3-Year ROIIC % of 109.10 is 422% above median its 10-year median of 20.89. The Industrial Products industry median 3-Year ROIIC % is 3.52. XMH Holdings' value of 109.10 is 2999.4% above this industry median. Based on the distribution chart, XMH Holdings ranks #193 out of 2931 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, XMH Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XMH Holdings' 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, XMH Holdings ranks #193 out of 2931 companies for 3-Year ROIIC %. This places XMH Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.52. XMH Holdings' value of 109.10 is 2999.4% above this benchmark. While the company's 10-year median is 20.89 vs. the industry median of 3.52, XMH 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.52, based on 2,931 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. XMH Holdings's current 3-Year ROIIC % of 109.10 is 2999.4% 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 XMH Holdings and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XMH Holdings's current 3-Year ROIIC % is 109.10, which is 422% above median its own 10-year median of 20.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XMH Holdings stock overvalued right now?
Based on GuruFocus' analysis, XMH Holdings (SGX:BQF) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.86, compared to a current price of S$2.25 — trading 161.6% above its estimated fair value. The current 3-Year ROIIC % is 109.10, which is 422% above median its 10-year median of 20.89 and 2999.4% above the Industrial Products industry median of 3.52. XMH Holdings' overall GF Score™ is 57/100 with 3 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 XMH Holdings (SGX:BQF), the current 3-Year ROIIC % is 109.10 as of Apr. 2026. 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 XMH Holdings (SGX:BQF) Overvalued in 2026?
Based on GuruFocus' analysis, XMH Holdings stock appears to be overvalued.
The current stock price of S$2.25 is trading 161.6% above its estimated GF Value™ of S$0.86.
GuruFocus considers XMH Holdings to be Significantly Overvalued.
Key valuation signals for SGX:BQF:
3-Year ROIIC %: 109.10 (422% above median its 10-year median of 20.89)
GF Value™: S$0.86 vs. price of S$2.25 (161.6% above fair value)
Industry Position: 2999.4% above the Industrial Products median (#193 of 2931)
No single metric tells the full story. See the SGX:BQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XMH Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm is predominantly engaged as a diesel engine, propulsion, and power generating solutions provider to customers in the marine and industrial sectors across Asia. Its reportable segments are; Distribution, After-sales, and Project. The maximum revenue is generated from its Distribution segment which comprises distribution of propulsion engines. The After-sales segment relates to after-sales services provided which includes services/jobs, sales of spare parts, and other trading; and the Project segment relates to manufacturing, sales, and commission of power generator sets and the manufacturing of marine equipment and related repair services. Geographically, it derives key revenue from Indonesia.
57GF Score
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