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Sleep NumberFRA:SL2 53 1-Year ROIIC % is 26.09 as of Mar. 2026. GuruFocus rates FRA:SL2 with a GF Score™ of 53/100 and a GF Value™ of €46.31 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 423 Furnishings, Fixtures & Appliances companies, Sleep Number ranks better than 73.76% on this metric.
1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Sleep Number's 1-Year ROIIC % for the quarter that ended in Mar. 2026 was 26.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sleep Number's 1-Year ROIIC % or its related term are showing as below:
FRA:SL2's 1-Year ROIIC % is ranked better than 73.76% of 423
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.22
vs FRA:SL2: 26.09
Sleep Number (FRA:SL2) 1-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.
Sleep Number 1-Year ROIIC % Related Terms
Sleep Number 1-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Sleep Number's 1-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.
FRA:SL2 vs LBRA, LUVU, SN: 1-Year ROIIC % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Sleep Number's 1-Year ROIIC %, along with its competitors' market caps and 1-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.
Sleep Number 1-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sleep Number's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sleep Number's 1-Year ROIIC % falls into.
Sleep Number's 1-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -10.8474 (Mar. 2026) - 19.025 (Mar. 2025) )
/
( 1115.567 (Mar. 2026) - 1310.989 (Mar. 2025) )
=
-29.8724
/
-195.422
=
15.29%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-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.
Sleep Number (FRA:SL2) has a 1-Year ROIIC % of 26.09 as of Mar. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Sleep Number and its competitors. According to the industry distribution chart, Sleep Number ranks #111 out of 423 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 26.2%.
Is Sleep Number's 1-Year ROIIC % too high?
Sleep Number's current 1-Year ROIIC % is 26.09. The Furnishings, Fixtures & Appliances industry median 1-Year ROIIC % is 1.22. Sleep Number's value of 26.09 is 2038.5% above this industry median. Based on the distribution chart, Sleep Number ranks #111 out of 423 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Sleep Number has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sleep Number's 1-Year ROIIC % compare to LBRA and LUVU?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sleep Number ranks #111 out of 423 companies for 1-Year ROIIC %. This puts Sleep Number in the upper half of its industry. The industry median 1-Year ROIIC % is 1.22. Sleep Number's value of 26.09 is 2038.5% 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 1-Year ROIIC % for a Furnishings, Fixtures & Appliances company?
The median 1-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 1.22, based on 423 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sleep Number's current 1-Year ROIIC % of 26.09 is 2038.5% 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Sleep Number and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 1-Year ROIIC % is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sleep Number's current 1-Year ROIIC % is 26.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sleep Number stock overvalued right now?
Based on GuruFocus' analysis, Sleep Number (FRA:SL2) is currently considered Possible Value Trap. The stock's GF Value™ is €46.31, compared to a current price of €0.13 — trading 99.7% below its estimated fair value. The current 1-Year ROIIC % is 26.09 and 2038.5% above the Furnishings, Fixtures & Appliances industry median of 1.22. Sleep Number's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For Sleep Number (FRA:SL2), the current 1-Year ROIIC % is 26.09 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 Sleep Number (FRA:SL2) Overvalued in 2026?
Based on GuruFocus' analysis, Sleep Number stock appears to be undervalued.
The current stock price of €0.13 is trading 99.7% below its estimated GF Value™ of €46.31.
GuruFocus considers Sleep Number to be Possible Value Trap.
Key valuation signals for FRA:SL2:
1-Year ROIIC %: 26.09
GF Value™: €46.31 vs. price of €0.13 (99.7% below fair value)
Industry Position: 2038.5% above the Furnishings, Fixtures & Appliances median (#111 of 423)
No single metric tells the full story. See the FRA:SL2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sleep Number Corp is a designer, manufacturer, marketer, and retailer, which allows it to offer consumers high-quality, individualized sleep solutions and services. It also offers FlextFit adjustable bases, and Sleep Number pillows, sheets, and other bedding products. The company generates revenue by marketing its innovations directly to new and existing customers and selling products through its Stores, Online, Phone, Chat (Total Retail), and Other. It focuses on personalized sleep wellness, with mattresses designed to evolve with each sleeper to help them feel and perform well, featuring adjustable firmness, pressure-relieving support, and temperature-balancing comfort built into every mattress. Its products include mattresses, bundles, bedding, pillows, and furniture.
53GF Score
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