First time hearing about ROIC, could be because I'm not trained in finance. So I can't really comment on ROIC or to recommend anything bad on it.But if I were to recommend an undervalued company that has great potential, I would recommend $YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$At last traded price of $1.64, it's trading at 0.842 of its book value with a PE ratio of 8 times. It is also going to spin off its new company with the new shares given to eligible existing shareholders of YZJ, similar to $AT&T Inc(T)$giving free shares in $Warner Bros. Discovery(WBD)$after the spin off.The proposed new company Yangzijiang Financial Holdings have alr