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.
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.
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.
Tropicana Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -15.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tropicana Bhd's 3-Year ROIIC % or its related term are showing as below:
XKLS:5401's 3-Year ROIIC % is ranked worse than 83.27% of 1662
companies
in the Real Estate industry
Industry Median: 2.36
vs XKLS:5401: -15.16
Tropicana Bhd (XKLS:5401) 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.
Tropicana Bhd 3-Year ROIIC % Related Terms
Tropicana Bhd 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tropicana 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.
Tropicana Bhd 3-Year ROIIC % Competitor Comparison
For the Real Estate - Development subindustry, Tropicana 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.
Tropicana Bhd 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Tropicana Bhd's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tropicana Bhd's 3-Year ROIIC % falls into.
Tropicana 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**
=
( 66.324 (Dec. 2025) - -282.676878 (Dec. 2022) )
/
( 9025.97 (Dec. 2025) - 11327.67 (Dec. 2022) )
=
349.000878
/
-2301.7
=
-15.16%***
* 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.
Tropicana Bhd (XKLS:5401) has a 3-Year ROIIC % of -15.16 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 Tropicana Bhd and its competitors. According to the industry distribution chart, Tropicana Bhd ranks #1384 out of 1662 companies in the Real Estate industry, placing it in the top 83.3%.
Is Tropicana Bhd's 3-Year ROIIC % too high?
Tropicana Bhd's current 3-Year ROIIC % is -15.16. Based on the distribution chart, Tropicana Bhd ranks #1384 out of 1662 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Tropicana Bhd has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tropicana Bhd's 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Tropicana Bhd ranks #1384 out of 1662 companies for 3-Year ROIIC %. This places Tropicana Bhd in the lower half of its industry. The industry median 3-Year ROIIC % is 2.36. 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.36, based on 1,662 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 Tropicana Bhd and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tropicana Bhd's current 3-Year ROIIC % is -15.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tropicana Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tropicana Bhd (XKLS:5401) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.41, compared to a current price of RM1.25 — trading 11.3% below its estimated fair value. The current 3-Year ROIIC % is -15.16. Tropicana Bhd's overall GF Score™ is 56/100 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 Tropicana Bhd (XKLS:5401), the current 3-Year ROIIC % is -15.16 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 Tropicana Bhd (XKLS:5401) Overvalued in 2026?
Based on GuruFocus' analysis, Tropicana Bhd stock appears to be undervalued.
The current stock price of RM1.25 is trading 11.3% below its estimated GF Value™ of RM1.41.
GuruFocus considers Tropicana Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5401:
3-Year ROIIC %: -15.16
GF Value™: RM1.41 vs. price of RM1.25 (11.3% below fair value)
No single metric tells the full story. See the XKLS:5401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tropicana Corp Bhd has diversified business interests including Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings, and more. The company is organized into three segments - Property development and property management involved in the development of residential and commercial properties; Property investment, recreation, and resort involved in the management and operation of hotels, resorts, golf courses, clubhouse, and investments in commercial and other properties and Investment holding and others that provide landscape services, management and operation of private school services and other operations. Maximum revenue is generated by the property development and property management segment.
56GF Score
Get the complete analysis for XKLS:5401
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5401 has been successfully added to your 
