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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.
EquitiesTracker Holdings Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -1,338.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
XKLS:03021's 3-Year ROIIC % is ranked worse than 99.54% of 659
companies
in the Capital Markets industry
Industry Median: 2.5
vs XKLS:03021: -1338.89
EquitiesTracker Holdings Bhd (XKLS:03021) 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.
EquitiesTracker Holdings Bhd 3-Year ROIIC % Related Terms
EquitiesTracker Holdings Bhd 3-Year ROIIC % Historical Data
* 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.
XKLS:03021 vs SPGI, CME, MCO: 3-Year ROIIC % Comparison
For the Financial Data & Stock Exchanges subindustry, EquitiesTracker Holdings Bhd'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.
EquitiesTracker Holdings Bhd 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, EquitiesTracker Holdings Bhd's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where EquitiesTracker Holdings Bhd's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -5.179 (Dec. 2025) - -3.251 (Dec. 2022) )
/
( 2.842 (Dec. 2025) - 2.698 (Dec. 2022) )
=
-1.928
/
0.144
=
-1,338.89%***
* 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.
EquitiesTracker Holdings Bhd (XKLS:03021) has a 3-Year ROIIC % of -1,338.89 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 EquitiesTracker Holdings Bhd and its competitors. According to the industry distribution chart, EquitiesTracker Holdings Bhd ranks #656 out of 659 companies in the Capital Markets industry, placing it in the top 99.5%.
Is EquitiesTracker Holdings Bhd's 3-Year ROIIC % too high?
EquitiesTracker Holdings Bhd's current 3-Year ROIIC % is -1,338.89. Based on the distribution chart, EquitiesTracker Holdings Bhd ranks #656 out of 659 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, EquitiesTracker Holdings Bhd has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EquitiesTracker Holdings Bhd's 3-Year ROIIC % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, EquitiesTracker Holdings Bhd ranks #656 out of 659 companies for 3-Year ROIIC %. This places EquitiesTracker Holdings Bhd in the lower half of its industry. The industry median 3-Year ROIIC % is 2.50. 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 Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.50, based on 659 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 EquitiesTracker Holdings Bhd and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EquitiesTracker Holdings Bhd's current 3-Year ROIIC % is -1,338.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EquitiesTracker Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, EquitiesTracker Holdings Bhd (XKLS:03021) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.12 — trading 25% below its estimated fair value. The current 3-Year ROIIC % is -1,338.89. EquitiesTracker Holdings Bhd's overall GF Score™ is 28/100 with 6 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 EquitiesTracker Holdings Bhd (XKLS:03021), the current 3-Year ROIIC % is -1,338.89 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 EquitiesTracker Holdings Bhd (XKLS:03021) Overvalued in 2026?
Based on GuruFocus' analysis, EquitiesTracker Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.12 is trading 25% below its estimated GF Value™ of RM0.16.
GuruFocus considers EquitiesTracker Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:03021:
3-Year ROIIC %: -1,338.89
GF Value™: RM0.16 vs. price of RM0.12 (25% below fair value)
No single metric tells the full story. See the XKLS:03021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EquitiesTracker Holdings Bhd operates an equity investment research platform that provides subscribers with access to investment research, analytical tools, and information on public listed companies. It provides investment training programmes, including pre-designed and customised training services. Revenue from the investment platform is derived from subscription fees, which are billed depending on the contractual terms. Its segments include Corporate and Retail, of which the Corporate segment derives the majority of revenue.
28GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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