VODAF (Vodacom Group) 10-Year ROIIC % : 9.55% (As of Mar. 2026)


VODAF Vodacom Group Ltd VODAF
78 GF Score
Price $8.98
GF Value $8.90
Valuation Fairly Valued
! 5 Warning Signs
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What is Vodacom Group 10-Year ROIIC %?

Vodacom Group VODAF 78 10-Year ROIIC % is 9.55 as of Mar. 2026. GuruFocus rates VODAF with a GF Score™ of 78/100 and a GF Value™ of $8.90 (Fairly Valued). The stock has 5 warning signs investors should review. Among 328 Telecommunication Services companies, Vodacom Group ranks better than 66.16% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Vodacom Group's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 9.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Vodacom Group's 10-Year ROIIC % or its related term are showing as below:

VODAF's 10-Year ROIIC % is ranked better than
66.16% of 328 companies
in the Telecommunication Services industry
Industry Median: 4.585 vs VODAF: 9.55

Vodacom Group  (OTCPK:VODAF) 10-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.


Vodacom Group 10-Year ROIIC % Related Terms


Vodacom Group 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Vodacom Group's 10-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.

Vodacom Group 10-Year ROIIC % Chart

Vodacom Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.31 4.35 5.97 6.77 9.55

Vodacom Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.97 0.00 6.77 0.00 9.55

VODAF vs TMUS, VZ, T: 10-Year ROIIC % Comparison

For the Telecom Services subindustry, Vodacom Group's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Vodacom Group 10-Year ROIIC % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodacom Group's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Vodacom Group's 10-Year ROIIC % falls into.


VODAF
78GF Score
Vodacom Group Ltd VODAF
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vodacom Group 10-Year ROIIC % Calculation

Vodacom Group's 10-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 1711.827205 (Mar. 2026) - 949.1224678 (Mar. 2016) )/( 12001.565 (Mar. 2026) - 3488.088 (Mar. 2016) )
=762.7047372/8513.477
=8.96%***

* 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 10-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.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 9.55 mean?
Vodacom Group (VODAF) has a 10-Year ROIIC % of 9.55 as of Mar. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Vodacom Group and its competitors. According to the industry distribution chart, Vodacom Group ranks #111 out of 328 companies in the Telecommunication Services industry, placing it in the top 33.8%.
Is Vodacom Group's 10-Year ROIIC % too high?
Vodacom Group's current 10-Year ROIIC % is 9.55. The Telecommunication Services industry median 10-Year ROIIC % is 4.59. Vodacom Group's value of 9.55 is 108.3% above this industry median. Based on the distribution chart, Vodacom Group ranks #111 out of 328 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Vodacom Group has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vodacom Group's 10-Year ROIIC % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodacom Group ranks #111 out of 328 companies for 10-Year ROIIC %. This puts Vodacom Group in the upper half of its industry. The industry median 10-Year ROIIC % is 4.59. Vodacom Group's value of 9.55 is 108.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Telecommunication Services company?
The median 10-Year ROIIC % among Telecommunication Services companies is 4.59, based on 328 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vodacom Group's current 10-Year ROIIC % of 9.55 is 108.3% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Vodacom Group and its competitors. For the Telecommunication Services industry, the median 10-Year ROIIC % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodacom Group's current 10-Year ROIIC % is 9.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodacom Group stock overvalued right now?
Based on GuruFocus' analysis, Vodacom Group (VODAF) is currently considered Fairly Valued. The stock's GF Value™ is $8.90, compared to a current price of $8.98 — trading 0.9% above its estimated fair value. The current 10-Year ROIIC % is 9.55 and 108.3% above the Telecommunication Services industry median of 4.59. Vodacom Group's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Vodacom Group (VODAF), the current 10-Year ROIIC % is 9.55 as of Mar. 2026. 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 Vodacom Group (VODAF) Overvalued in 2026?

Based on GuruFocus' analysis, Vodacom Group stock appears to be overvalued. The current stock price of $8.98 is trading 0.9% above its estimated GF Value™ of $8.90. GuruFocus considers Vodacom Group to be Fairly Valued.

Key valuation signals for VODAF:

  • 10-Year ROIIC %: 9.55
  • GF Value™: $8.90 vs. price of $8.98 (0.9% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 108.3% above the Telecommunication Services median (#111 of 328)

No single metric tells the full story. See the VODAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vodacom Group Business Description

Address 082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685
Vodacom Group Ltd is a telecommunications provider. It is engaged in the provision of a wide range of communications products and services including but not limited to voice, messaging, converged services, broadband, data connectivity, mobile financial services and other value added services. Its segments includes South Africa comprises the information relating to the South African-based cellular network and other business segments. Egypt comprises the information relating to the Egyptian-based cellular network and other business segments. International comprises the segment information relating to the non-South African-based cellular networks in Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo. It generates majority of revenue from South Africa.
78GF Score

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10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.98
Price
$8.90
GF Value