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QBE Insurance GroupASX:QBE +0.64%76 3-Year ROIIC % is 75.67 as of Dec. 2025, which is 2989% above its 10-year median of 2.45. GuruFocus rates ASX:QBE with a GF Score™ of 76/100 and a GF Value™ of A$20.31 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 333 Insurance companies, QBE Insurance Group ranks better than 94.29% on this metric.
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.
QBE Insurance Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 75.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for QBE Insurance Group's 3-Year ROIIC % or its related term are showing as below:
ASX:QBE's 3-Year ROIIC % is ranked better than 94.29% of 333
companies
in the Insurance industry
Industry Median: 5.35
vs ASX:QBE: 75.67
QBE Insurance Group (ASX:QBE) 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.
QBE Insurance Group 3-Year ROIIC % Related Terms
QBE Insurance Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for QBE Insurance Group's 3-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.
ASX:QBE vs CB, PGR, TRV: 3-Year ROIIC % Comparison
For the Insurance - Property & Casualty subindustry, QBE Insurance Group'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.
QBE Insurance Group 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, QBE Insurance Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where QBE Insurance Group's 3-Year ROIIC % falls into.
* 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.
QBE Insurance Group (ASX:QBE) has a 3-Year ROIIC % of 75.67 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 QBE Insurance Group and its competitors. This is 2989% above median its historical median of 2.45. According to the industry distribution chart, QBE Insurance Group ranks #19 out of 333 companies in the Insurance industry, placing it in the top 5.7%.
Is QBE Insurance Group's 3-Year ROIIC % too high?
QBE Insurance Group's current 3-Year ROIIC % of 75.67 is 2989% above median its 10-year median of 2.45. The Insurance industry median 3-Year ROIIC % is 5.35. QBE Insurance Group's value of 75.67 is 1314.4% above this industry median. Based on the distribution chart, QBE Insurance Group ranks #19 out of 333 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, QBE Insurance Group has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does QBE Insurance Group's 3-Year ROIIC % compare to CB and PGR?
According to the Insurance industry distribution chart, QBE Insurance Group ranks #19 out of 333 companies for 3-Year ROIIC %. This places QBE Insurance Group in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.35. QBE Insurance Group's value of 75.67 is 1314.4% above this benchmark. While the company's 10-year median is 2.45 vs. the industry median of 5.35, QBE Insurance Group 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 an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.35, based on 333 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. QBE Insurance Group's current 3-Year ROIIC % of 75.67 is 1314.4% 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 QBE Insurance Group and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QBE Insurance Group's current 3-Year ROIIC % is 75.67, which is 2989% above median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QBE Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, QBE Insurance Group (ASX:QBE) is currently considered Modestly Overvalued. The stock's GF Value™ is A$20.31, compared to a current price of A$24.99 — trading 23% above its estimated fair value. The current 3-Year ROIIC % is 75.67, which is 2989% above median its 10-year median of 2.45 and 1314.4% above the Insurance industry median of 5.35. QBE Insurance Group's overall GF Score™ is 76/100 with 6 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 QBE Insurance Group (ASX:QBE), the current 3-Year ROIIC % is 75.67 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 QBE Insurance Group (ASX:QBE) Overvalued in 2026?
Based on GuruFocus' analysis, QBE Insurance Group stock appears to be overvalued.
The current stock price of A$24.99 is trading 23% above its estimated GF Value™ of A$20.31.
GuruFocus considers QBE Insurance Group to be Modestly Overvalued.
Key valuation signals for ASX:QBE:
3-Year ROIIC %: 75.67 (2989% above median its 10-year median of 2.45)
GF Value™: A$20.31 vs. price of A$24.99 (23% above fair value)
Industry Position: 1314.4% above the Insurance median (#19 of 333)
No single metric tells the full story. See the ASX:QBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QBE Insurance is an international property and casualty insurance company. QBE Insurance offers a number of personal, commercial, and specialty lines, including property, auto insurance, agriculture, public/product liability, professional indemnity, workers compensation, marine, energy and aviation, and accident and health.
76GF Score
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