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Sheng Siong GroupSGX:OV8 +0.31%79 3-Year ROIIC % is 15.58 as of Dec. 2025, which is 10% below its 10-year median of 17.31. GuruFocus rates SGX:OV8 with a GF Score™ of 79/100 and a GF Value™ of S$1.98 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 298 Retail - Defensive companies, Sheng Siong Group ranks better than 68.46% 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.
Sheng Siong Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sheng Siong Group's 3-Year ROIIC % or its related term are showing as below:
SGX:OV8's 3-Year ROIIC % is ranked better than 68.46% of 298
companies
in the Retail - Defensive industry
Industry Median: 5.915
vs SGX:OV8: 15.58
Sheng Siong Group (SGX:OV8) 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.
Sheng Siong Group 3-Year ROIIC % Related Terms
Sheng Siong Group 3-Year ROIIC % Historical Data
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The historical data trend for Sheng Siong Group'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.
For the Grocery Stores subindustry, Sheng Siong Group'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.
Sheng Siong Group 3-Year ROIIC % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Sheng Siong Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sheng Siong Group's 3-Year ROIIC % falls into.
* 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.
Sheng Siong Group (SGX:OV8) has a 3-Year ROIIC % of 15.58 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 Sheng Siong Group and its competitors. This is 10% below median its historical median of 17.31. Over the past decade, Sheng Siong Group's 3-Year ROIIC % has ranged from 7.30 to 89.08. According to the industry distribution chart, Sheng Siong Group ranks #94 out of 298 companies in the Retail - Defensive industry, placing it in the top 31.5%.
Is Sheng Siong Group's 3-Year ROIIC % too high?
Sheng Siong Group's current 3-Year ROIIC % of 15.58 is 10% below median its 10-year median of 17.31. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 89.08. The Retail - Defensive industry median 3-Year ROIIC % is 5.92. Sheng Siong Group's value of 15.58 is 163.4% above this industry median. Based on the distribution chart, Sheng Siong Group ranks #94 out of 298 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Sheng Siong Group has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Siong Group's 3-Year ROIIC % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Sheng Siong Group ranks #94 out of 298 companies for 3-Year ROIIC %. This puts Sheng Siong Group in the upper half of its industry. The industry median 3-Year ROIIC % is 5.92. Sheng Siong Group's value of 15.58 is 163.4% above this benchmark. Historically, Sheng Siong Group's own 3-Year ROIIC % has ranged from 7.30 to 89.08 over the past decade. While the company's 10-year median is 17.31 vs. the industry median of 5.92, Sheng Siong Group 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 Retail - Defensive company?
The median 3-Year ROIIC % among Retail - Defensive companies is 5.92, based on 298 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. Sheng Siong Group's current 3-Year ROIIC % of 15.58 is 163.4% 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 Sheng Siong Group and its competitors. For the Retail - Defensive industry, the median 3-Year ROIIC % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sheng Siong Group's current 3-Year ROIIC % is 15.58, which is 10% below median its own 10-year median of 17.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Siong Group stock overvalued right now?
Based on GuruFocus' analysis, Sheng Siong Group (SGX:OV8) is currently considered Significantly Overvalued. The stock's GF Value™ is S$1.98, compared to a current price of S$3.19 — trading 61.1% above its estimated fair value. The current 3-Year ROIIC % is 15.58, which is 10% below median its 10-year median of 17.31 and 163.4% above the Retail - Defensive industry median of 5.92. Sheng Siong Group's overall GF Score™ is 79/100 with 4 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 Sheng Siong Group (SGX:OV8), the current 3-Year ROIIC % is 15.58 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 Sheng Siong Group (SGX:OV8) Overvalued in 2026?
Based on GuruFocus' analysis, Sheng Siong Group stock appears to be overvalued.
The current stock price of S$3.19 is trading 61.1% above its estimated GF Value™ of S$1.98.
GuruFocus considers Sheng Siong Group to be Significantly Overvalued.
Key valuation signals for SGX:OV8:
3-Year ROIIC %: 15.58 (10% below median its 10-year median of 17.31)
GF Value™: S$1.98 vs. price of S$3.19 (61.1% above fair value)
Industry Position: 163.4% above the Retail - Defensive median (#94 of 298)
No single metric tells the full story. See the SGX:OV8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products, and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment, which relates to the provision of supermarket supplies and supermarket operations. The Groups operations are mainly located in Singapore.
79GF Score
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