Lum Chang Holdings (SGX:L19) 3-Year ROIIC % : -70.35% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:L19 Lum Chang Holdings Ltd SGX:L19
58 GF Score
Price S$0.56
GF Value S$0.52
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Lum Chang Holdings 3-Year ROIIC %?

Lum Chang Holdings SGX:L19 58 3-Year ROIIC % is -70.35 as of Jun. 2026. GuruFocus rates SGX:L19 with a GF Score™ of 58/100 and a GF Value™ of S$0.52 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,694 Construction companies, Lum Chang Holdings ranks worse than 91.5% 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. Lum Chang Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2026 was -70.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Lum Chang Holdings's 3-Year ROIIC % or its related term are showing as below:

SGX:L19's 3-Year ROIIC % is ranked worse than
91.5% of 1694 companies
in the Construction industry
Industry Median: 4.675 vs SGX:L19: -70.35

Lum Chang Holdings  (SGX:L19) 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.


Lum Chang Holdings 3-Year ROIIC % Related Terms


Lum Chang Holdings 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Lum Chang 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.

Lum Chang Holdings 3-Year ROIIC % Chart

Lum Chang Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.78 -72.73 -3.69 -42.54 -70.35

Lum Chang Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.69 0.00 -42.54 0.00 -70.35

SGX:L19 vs PWR, FIX, EME: 3-Year ROIIC % Comparison

For the Engineering & Construction subindustry, Lum Chang 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.


Lum Chang Holdings 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Lum Chang Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Lum Chang Holdings's 3-Year ROIIC % falls into.


SGX:L19
58GF Score
Lum Chang Holdings Ltd SGX:L19
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lum Chang Holdings 3-Year ROIIC % Calculation

Lum Chang Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 52.3503732 (Jun. 2026) - -19.392 (Jun. 2023) )/( 302.332 (Jun. 2026) - 404.311 (Jun. 2023) )
=71.7423732/-101.979
=-70.35%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -70.35 mean?
Lum Chang Holdings (SGX:L19) has a 3-Year ROIIC % of -70.35 as of Jun. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Lum Chang Holdings and its competitors. According to the industry distribution chart, Lum Chang Holdings ranks #1550 out of 1694 companies in the Construction industry, placing it in the top 91.5%.
Is Lum Chang Holdings' 3-Year ROIIC % too high?
Lum Chang Holdings' current 3-Year ROIIC % is -70.35. Based on the distribution chart, Lum Chang Holdings ranks #1550 out of 1694 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lum Chang Holdings has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lum Chang Holdings' 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Lum Chang Holdings ranks #1550 out of 1694 companies for 3-Year ROIIC %. This places Lum Chang Holdings in the lower half of its industry. The industry median 3-Year ROIIC % is 4.68. 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 4.68, based on 1,694 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 Lum Chang Holdings and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lum Chang Holdings's current 3-Year ROIIC % is -70.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lum Chang Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lum Chang Holdings (SGX:L19) is currently considered Fairly Valued. The stock's GF Value™ is S$0.52, compared to a current price of S$0.56 — trading 7.7% above its estimated fair value. The current 3-Year ROIIC % is -70.35. Lum Chang Holdings' overall GF Score™ is 58/100 with 2 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 Lum Chang Holdings (SGX:L19), the current 3-Year ROIIC % is -70.35 as of Jun. 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 Lum Chang Holdings (SGX:L19) Overvalued in 2026?

Based on GuruFocus' analysis, Lum Chang Holdings stock appears to be overvalued. The current stock price of S$0.56 is trading 7.7% above its estimated GF Value™ of S$0.52. GuruFocus considers Lum Chang Holdings to be Fairly Valued.

Key valuation signals for SGX:L19:

  • 3-Year ROIIC %: -70.35
  • GF Value™: S$0.52 vs. price of S$0.56 (7.7% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the SGX:L19 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lum Chang Holdings Business Description

Address 14 Kung Chong Road, No. 08-01 Lum Chang Building, Singapore, SGP, 159150
Lum Chang Holdings Ltd is a construction company operating through four segments: Construction; Restoration & Interior Fit-Out; Property Development and Investment; and Investment Holding & Others. The Construction segment, which contributes the majority of the revenue, focuses on building construction, extensions, additions, alterations, refurbishment, and restoration. The Restoration & Interior Fit-Out segment offers niche restoration works, interior fit-outs, and addition and alteration (A&A) projects. The Property Development and Investment segment develops and holds properties for sale and investment, while the Investment Holding & Others segment manages group investments and provides management services.
58GF Score

Get the complete analysis for SGX:L19

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.56
Price
S$0.52
GF Value