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VSTECS BhdXKLS:5162 -0.56%65 3-Year ROIIC % is 29.86 as of Dec. 2025, which is 56% above its 10-year median of 19.10. GuruFocus rates XKLS:5162 with a GF Score™ of 65/100 and a GF Value™ of RM1.55 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,375 Hardware companies, VSTECS Bhd ranks better than 76.84% 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.
VSTECS Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 29.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for VSTECS Bhd's 3-Year ROIIC % or its related term are showing as below:
XKLS:5162's 3-Year ROIIC % is ranked better than 76.84% of 2375
companies
in the Hardware industry
Industry Median: 2.34
vs XKLS:5162: 29.86
VSTECS Bhd (XKLS:5162) 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.
VSTECS Bhd 3-Year ROIIC % Related Terms
VSTECS Bhd 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for VSTECS 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:5162 vs SNX, ARW, AVT: 3-Year ROIIC % Comparison
For the Electronics & Computer Distribution subindustry, VSTECS 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.
VSTECS Bhd 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, VSTECS Bhd's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where VSTECS Bhd's 3-Year ROIIC % falls into.
VSTECS 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**
=
( 95.923641 (Dec. 2025) - 57.13256 (Dec. 2022) )
/
( 525.649 (Dec. 2025) - 395.758 (Dec. 2022) )
=
38.791081
/
129.891
=
29.86%***
* 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.
VSTECS Bhd (XKLS:5162) has a 3-Year ROIIC % of 29.86 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 VSTECS Bhd and its competitors. This is 56% above median its historical median of 19.10. According to the industry distribution chart, VSTECS Bhd ranks #550 out of 2375 companies in the Hardware industry, placing it in the top 23.2%.
Is VSTECS Bhd's 3-Year ROIIC % too high?
VSTECS Bhd's current 3-Year ROIIC % of 29.86 is 56% above median its 10-year median of 19.10. The Hardware industry median 3-Year ROIIC % is 2.34. VSTECS Bhd's value of 29.86 is 1176.1% above this industry median. Based on the distribution chart, VSTECS Bhd ranks #550 out of 2375 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, VSTECS Bhd has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSTECS Bhd's 3-Year ROIIC % compare to SNX and ARW?
According to the Hardware industry distribution chart, VSTECS Bhd ranks #550 out of 2375 companies for 3-Year ROIIC %. This places VSTECS Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. VSTECS Bhd's value of 29.86 is 1176.1% above this benchmark. While the company's 10-year median is 19.10 vs. the industry median of 2.34, VSTECS Bhd 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,375 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. VSTECS Bhd's current 3-Year ROIIC % of 29.86 is 1176.1% 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 VSTECS Bhd and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSTECS Bhd's current 3-Year ROIIC % is 29.86, which is 56% above median its own 10-year median of 19.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSTECS Bhd stock overvalued right now?
Based on GuruFocus' analysis, VSTECS Bhd (XKLS:5162) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.55, compared to a current price of RM1.77 — trading 14.2% above its estimated fair value. The current 3-Year ROIIC % is 29.86, which is 56% above median its 10-year median of 19.10 and 1176.1% above the Hardware industry median of 2.34. VSTECS Bhd's overall GF Score™ is 65/100 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 VSTECS Bhd (XKLS:5162), the current 3-Year ROIIC % is 29.86 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 VSTECS Bhd (XKLS:5162) Overvalued in 2026?
Based on GuruFocus' analysis, VSTECS Bhd stock appears to be overvalued.
The current stock price of RM1.77 is trading 14.2% above its estimated GF Value™ of RM1.55.
GuruFocus considers VSTECS Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5162:
3-Year ROIIC %: 29.86 (56% above median its 10-year median of 19.10)
GF Value™: RM1.55 vs. price of RM1.77 (14.2% above fair value)
Industry Position: 1176.1% above the Hardware median (#550 of 2375)
No single metric tells the full story. See the XKLS:5162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VSTECS Bhd is engaged in the provision of e-commerce systems and solutions. The company distributes information and communications technology (ICT) products in Malaysia. These products consist of notebooks, personal computers, smartphones, tablets, wearables, printers, software, network and communication infrastructure, servers, and enterprise software. It operates in three segments. The ICT distribution segment distributes products to resellers, comprising mainly retailers. Its Enterprise systems segment markets products to system integrators and corporate dealers. The ICT services segment is involved in the provision of ICT services. The Enterprise Systems segment generates the maximum revenue.
65GF Score
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