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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.
Boustead Heavy Industries Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -1.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
XKLS:8133's 3-Year ROIIC % is ranked worse than 60.75% of 321
companies
in the Aerospace & Defense industry
Industry Median: 3.5
vs XKLS:8133: -1.22
Boustead Heavy Industries Bhd (XKLS:8133) 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.
Boustead Heavy Industries Bhd 3-Year ROIIC % Related Terms
Boustead Heavy Industries 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.
Boustead Heavy Industries Bhd 3-Year ROIIC % Chart
XKLS:8133 vs SPCX, GE, RTX: 3-Year ROIIC % Comparison
For the Aerospace & Defense subindustry, Boustead Heavy Industries 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.
Boustead Heavy Industries Bhd 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Boustead Heavy Industries Bhd's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Boustead Heavy Industries Bhd's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.0306362 (Dec. 2025) - -5.388 (Dec. 2022) )
/
( 144.933 (Dec. 2025) - 582.609 (Dec. 2022) )
=
5.3573638
/
-437.676
=
-1.22%***
* 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.
Boustead Heavy Industries Bhd (XKLS:8133) has a 3-Year ROIIC % of -1.22 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 Boustead Heavy Industries Bhd and its competitors. According to the industry distribution chart, Boustead Heavy Industries Bhd ranks #195 out of 321 companies in the Aerospace & Defense industry, placing it in the top 60.7%.
Is Boustead Heavy Industries Bhd's 3-Year ROIIC % too high?
Boustead Heavy Industries Bhd's current 3-Year ROIIC % is -1.22. Based on the distribution chart, Boustead Heavy Industries Bhd ranks #195 out of 321 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Boustead Heavy Industries Bhd has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boustead Heavy Industries Bhd's 3-Year ROIIC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Boustead Heavy Industries Bhd ranks #195 out of 321 companies for 3-Year ROIIC %. This places Boustead Heavy Industries Bhd in the lower half of its industry. The industry median 3-Year ROIIC % is 3.50. 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 an Aerospace & Defense company?
The median 3-Year ROIIC % among Aerospace & Defense companies is 3.50, based on 321 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 Boustead Heavy Industries Bhd and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boustead Heavy Industries Bhd's current 3-Year ROIIC % is -1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Heavy Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Boustead Heavy Industries Bhd (XKLS:8133) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.48 — trading 39.7% above its estimated fair value. The current 3-Year ROIIC % is -1.22. Boustead Heavy Industries Bhd's overall GF Score™ is 24/100 with 8 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 Boustead Heavy Industries Bhd (XKLS:8133), the current 3-Year ROIIC % is -1.22 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 Boustead Heavy Industries Bhd (XKLS:8133) Overvalued in 2026?
Based on GuruFocus' analysis, Boustead Heavy Industries Bhd stock appears to be overvalued.
The current stock price of RM0.48 is trading 39.7% above its estimated GF Value™ of RM0.34.
GuruFocus considers Boustead Heavy Industries Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:8133:
3-Year ROIIC %: -1.22
GF Value™: RM0.34 vs. price of RM0.48 (39.7% above fair value)
No single metric tells the full story. See the XKLS:8133 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boustead Heavy Industries Bhd Business Description
Boustead Heavy Industries Corp Bhd is an investment holding company. The company's operating segments include Defence and Security, Investment and Commercial, and others. It generates maximum revenue from the Defence and Security segment. The Defence and Security segment is principally engaged in maintenance, repair, and overhaul (MRO) of the Royal Malaysian Navy's patrol vessels and submarines. In addition, the company is also involved in the manufacturing, supply, and maintenance of defense-related electronic products.
24GF Score
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