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HeveaBoard BhdXKLS:5095 25 3-Year ROIIC % is 279.69 as of Dec. 2025, which is 257% above its 10-year median of 78.35. GuruFocus rates XKLS:5095 with a GF Score™ of 25/100 and a GF Value™ of RM0.25 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 268 Forest Products companies, HeveaBoard Bhd ranks better than 95.9% 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.
HeveaBoard Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 279.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for HeveaBoard Bhd's 3-Year ROIIC % or its related term are showing as below:
XKLS:5095's 3-Year ROIIC % is ranked better than 95.9% of 268
companies
in the Forest Products industry
Industry Median: -0.705
vs XKLS:5095: 279.69
HeveaBoard Bhd (XKLS:5095) 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.
HeveaBoard Bhd 3-Year ROIIC % Related Terms
HeveaBoard Bhd 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for HeveaBoard Bhd'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.
XKLS:5095 vs SSD, UFPI, BCC: 3-Year ROIIC % Comparison
For the Lumber & Wood Production subindustry, HeveaBoard 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.
HeveaBoard Bhd 3-Year ROIIC % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, HeveaBoard Bhd's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where HeveaBoard Bhd's 3-Year ROIIC % falls into.
HeveaBoard Bhd'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**
=
( -38.854 (Dec. 2025) - 9.5541472 (Dec. 2022) )
/
( 321.933 (Dec. 2025) - 339.241 (Dec. 2022) )
=
-48.4081472
/
-17.308
=
279.69%***
* 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.
HeveaBoard Bhd (XKLS:5095) has a 3-Year ROIIC % of 279.69 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 HeveaBoard Bhd and its competitors. This is 257% above median its historical median of 78.35. According to the industry distribution chart, HeveaBoard Bhd ranks #11 out of 268 companies in the Forest Products industry, placing it in the top 4.1%.
Is HeveaBoard Bhd's 3-Year ROIIC % too high?
HeveaBoard Bhd's current 3-Year ROIIC % of 279.69 is 257% above median its 10-year median of 78.35. Based on the distribution chart, HeveaBoard Bhd ranks #11 out of 268 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, HeveaBoard Bhd has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HeveaBoard Bhd's 3-Year ROIIC % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, HeveaBoard Bhd ranks #11 out of 268 companies for 3-Year ROIIC %. This places HeveaBoard Bhd in the top 4% of its industry — outperforming the majority of peers. 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 Forest Products company?
A good 3-Year ROIIC % depends on the Forest Products industry context. 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 HeveaBoard Bhd and its competitors. HeveaBoard Bhd's current 3-Year ROIIC % is 279.69, which is 257% above median its own 10-year median of 78.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeveaBoard Bhd stock overvalued right now?
Based on GuruFocus' analysis, HeveaBoard Bhd (XKLS:5095) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.25, compared to a current price of RM0.11 — trading 58% below its estimated fair value. The current 3-Year ROIIC % is 279.69, which is 257% above median its 10-year median of 78.35. HeveaBoard Bhd's overall GF Score™ is 25/100 with 5 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 HeveaBoard Bhd (XKLS:5095), the current 3-Year ROIIC % is 279.69 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 HeveaBoard Bhd (XKLS:5095) Overvalued in 2026?
Based on GuruFocus' analysis, HeveaBoard Bhd stock appears to be undervalued.
The current stock price of RM0.11 is trading 58% below its estimated GF Value™ of RM0.25.
GuruFocus considers HeveaBoard Bhd to be Possible Value Trap.
Key valuation signals for XKLS:5095:
3-Year ROIIC %: 279.69 (257% above median its 10-year median of 78.35)
GF Value™: RM0.25 vs. price of RM0.11 (58% below fair value)
No single metric tells the full story. See the XKLS:5095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HeveaBoard Bhd operates in the particleboard business. It is engaged in the manufacturing, trading, and distribution of a wide range of particleboard and particleboard-based products. It operates through the Particleboards segment, Ready-to-assemble products segment, Cultivation and trading of gourmet fungi segment, and Other segments. The Particleboards segment is involved in the business of manufacturing and trading of particleboards and other panel boards. The Ready-to-assemble segment generates maximum revenue and is involved in the business of manufacturing and trading of ready-to-assemble furniture. The Others segment is engaged in investment holding. Its products are used for furniture components, dining sets, speaker boxes, door manufacturing, and office systems.
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