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.
Auckland International Airport's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 9.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
ASX:AIA's 3-Year ROIIC % is ranked better than 64.99% of 937
companies
in the Transportation industry
Industry Median: 2.04
vs ASX:AIA: 9.32
Auckland International Airport (ASX:AIA) 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.
Auckland International Airport 3-Year ROIIC % Related Terms
Auckland International Airport 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.
Auckland International Airport 3-Year ROIIC % Chart
For the Airports & Air Services subindustry, Auckland International Airport'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.
Auckland International Airport 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Auckland International Airport's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Auckland International Airport's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 301.5213519 (Jun. 2025) - 17.991 (Jun. 2022) )
/
( 12864.58 (Jun. 2025) - 9584.095 (Jun. 2022) )
=
283.5303519
/
3280.485
=
8.64%***
* 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.
Auckland International Airport (ASX:AIA) has a 3-Year ROIIC % of 9.32 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Auckland International Airport and its competitors. This is 479% above median its historical median of 1.61. According to the industry distribution chart, Auckland International Airport ranks #328 out of 937 companies in the Transportation industry, placing it in the top 35%.
Is Auckland International Airport's 3-Year ROIIC % too high?
Auckland International Airport's current 3-Year ROIIC % of 9.32 is 479% above median its 10-year median of 1.61. The Transportation industry median 3-Year ROIIC % is 2.04. Auckland International Airport's value of 9.32 is 356.9% above this industry median. Based on the distribution chart, Auckland International Airport ranks #328 out of 937 companies in the Transportation industry, which is above the industry midpoint. Overall, Auckland International Airport has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Auckland International Airport's 3-Year ROIIC % compare to JOBY?
According to the Transportation industry distribution chart, Auckland International Airport ranks #328 out of 937 companies for 3-Year ROIIC %. This puts Auckland International Airport in the upper half of its industry. The industry median 3-Year ROIIC % is 2.04. Auckland International Airport's value of 9.32 is 356.9% above this benchmark. While the company's 10-year median is 1.61 vs. the industry median of 2.04, Auckland International Airport has consistently been above the industry average. 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.04, based on 937 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. Auckland International Airport's current 3-Year ROIIC % of 9.32 is 356.9% 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 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 Auckland International Airport and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auckland International Airport's current 3-Year ROIIC % is 9.32, which is 479% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auckland International Airport stock overvalued right now?
Based on GuruFocus' analysis, Auckland International Airport (ASX:AIA) is currently considered Fairly Valued. The stock's GF Value™ is A$7.64, compared to a current price of A$7.31 — trading 4.3% below its estimated fair value. The current 3-Year ROIIC % is 9.32, which is 479% above median its 10-year median of 1.61 and 356.9% above the Transportation industry median of 2.04. Auckland International Airport's overall GF Score™ is 91/100 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 Auckland International Airport (ASX:AIA), the current 3-Year ROIIC % is 9.32 as of Jun. 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 Auckland International Airport (ASX:AIA) Overvalued in 2026?
Based on GuruFocus' analysis, Auckland International Airport stock appears to be undervalued.
The current stock price of A$7.31 is trading 4.3% below its estimated GF Value™ of A$7.64.
GuruFocus considers Auckland International Airport to be Fairly Valued.
Key valuation signals for ASX:AIA:
3-Year ROIIC %: 9.32 (479% above median its 10-year median of 1.61)
GF Value™: A$7.64 vs. price of A$7.31 (4.3% below fair value)
Industry Position: 356.9% above the Transportation median (#328 of 937)
No single metric tells the full story. See the ASX:AIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Auckland International Airport Business Description
Auckland Airport is New Zealand's largest airport, handling about 75% of the country's international arrivals and departures. It owns over 1,500 hectares of land, and hosts unregulated ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities are set to materially expand capacity over the next decade. The airport also has a 25% stake in the small, but fast-growing Queenstown airport on New Zealand's South Island.
91GF Score
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