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Hoe LeongSGX:H20 3-Year ROIIC % is -298.08 as of Dec. 2025. The stock has 3 warning signs investors should review. Among 154 Industrial Distribution companies, Hoe Leong ranks worse than 98.05% 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.
Hoe Leong's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -298.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hoe Leong's 3-Year ROIIC % or its related term are showing as below:
SGX:H20's 3-Year ROIIC % is ranked worse than 98.05% of 154
companies
in the Industrial Distribution industry
Industry Median: 1.28
vs SGX:H20: -298.08
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.
Hoe Leong 3-Year ROIIC % Related Terms
Hoe Leong 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hoe Leong'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:H20 vs GWW, FAST, FERG: 3-Year ROIIC % Comparison
For the Industrial Distribution subindustry, Hoe Leong'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.
Hoe Leong 3-Year ROIIC % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hoe Leong's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hoe Leong's 3-Year ROIIC % falls into.
Hoe Leong'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**
=
( 0.8608697 (Dec. 2025) - -4.892 (Dec. 2022) )
/
( 35.307 (Dec. 2025) - 37.237 (Dec. 2022) )
=
5.7528697
/
-1.93
=
-298.08%***
* 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.
Hoe Leong (SGX:H20) has a 3-Year ROIIC % of -298.08 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 Hoe Leong and its competitors. According to the industry distribution chart, Hoe Leong ranks #151 out of 154 companies in the Industrial Distribution industry, placing it in the top 98.1%.
Is Hoe Leong's 3-Year ROIIC % too high?
Hoe Leong's current 3-Year ROIIC % is -298.08. Based on the distribution chart, Hoe Leong ranks #151 out of 154 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers.
How does Hoe Leong's 3-Year ROIIC % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hoe Leong ranks #151 out of 154 companies for 3-Year ROIIC %. This places Hoe Leong in the lower half of its industry. The industry median 3-Year ROIIC % is 1.28. 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 Distribution company?
The median 3-Year ROIIC % among Industrial Distribution companies is 1.28, based on 154 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. 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 Hoe Leong and its competitors. For the Industrial Distribution industry, the median 3-Year ROIIC % is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoe Leong's current 3-Year ROIIC % is -298.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoe Leong stock overvalued right now?
Hoe Leong (SGX:H20) has a current 3-Year ROIIC % of -298.08. The current 3-Year ROIIC % is -298.08. 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 Hoe Leong (SGX:H20), the current 3-Year ROIIC % is -298.08 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.
Hoe Leong Corp Ltd specializes in providing undercarriage products, equipment parts, and services for heavy equipment and industrial machinery. Its offerings include an extensive range of parts for bulldozers, excavators, wheel loaders, and off-the-road (OTR) mining dump trucks, such as track frames, track chains and groups, rollers, shoes, sprockets, grouser parts, idlers, and OTR tires. The Group's reportable segments are Design and manufacture, Trading and distribution, and Investment Holding. Maximum revenue is derived from the Design and manufacture segment, which designs, manufactures, and sells equipment parts for both heavy equipment and industrial machinery under in-house brands like KBJ, ROSSI, and MIZU. Geographically, it operates globally and derives key revenue from Australia.
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