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National Hotels Co BSCBAH:NHOTEL 68 3-Year ROIIC % is 277.36 as of Dec. 2025, which is 543% above its 10-year median of 43.12. GuruFocus rates BAH:NHOTEL with a GF Score™ of 68/100 and a GF Value™ of BHD0.23 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 793 Travel & Leisure companies, National Hotels Co BSC ranks better than 95.59% 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.
National Hotels Co BSC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 277.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for National Hotels Co BSC's 3-Year ROIIC % or its related term are showing as below:
BAH:NHOTEL's 3-Year ROIIC % is ranked better than 95.59% of 793
companies
in the Travel & Leisure industry
Industry Median: 3.94
vs BAH:NHOTEL: 277.36
National Hotels Co BSC (BAH:NHOTEL) 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.
National Hotels Co BSC 3-Year ROIIC % Related Terms
National Hotels Co BSC 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for National Hotels Co BSC'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.
BAH:NHOTEL vs MAR, HLT, H: 3-Year ROIIC % Comparison
For the Lodging subindustry, National Hotels Co BSC'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.
National Hotels Co BSC 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, National Hotels Co BSC's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where National Hotels Co BSC's 3-Year ROIIC % falls into.
National Hotels Co BSC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 0.368 (Dec. 2025) - -0.6 (Dec. 2022) )
/
( 74.845 (Dec. 2025) - 74.496 (Dec. 2022) )
=
0.968
/
0.34899999999999
=
277.36%***
* 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.
National Hotels Co BSC (BAH:NHOTEL) has a 3-Year ROIIC % of 277.36 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 National Hotels Co BSC and its competitors. This is 543% above median its historical median of 43.12. According to the industry distribution chart, National Hotels Co BSC ranks #35 out of 793 companies in the Travel & Leisure industry, placing it in the top 4.4%.
Is National Hotels Co BSC's 3-Year ROIIC % too high?
National Hotels Co BSC's current 3-Year ROIIC % of 277.36 is 543% above median its 10-year median of 43.12. The Travel & Leisure industry median 3-Year ROIIC % is 3.94. National Hotels Co BSC's value of 277.36 is 6939.6% above this industry median. Based on the distribution chart, National Hotels Co BSC ranks #35 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, National Hotels Co BSC has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Hotels Co BSC's 3-Year ROIIC % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, National Hotels Co BSC ranks #35 out of 793 companies for 3-Year ROIIC %. This places National Hotels Co BSC in the top 4% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.94. National Hotels Co BSC's value of 277.36 is 6939.6% above this benchmark. While the company's 10-year median is 43.12 vs. the industry median of 3.94, National Hotels Co BSC 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 3.94, based on 793 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. National Hotels Co BSC's current 3-Year ROIIC % of 277.36 is 6939.6% 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 National Hotels Co BSC and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Hotels Co BSC's current 3-Year ROIIC % is 277.36, which is 543% above median its own 10-year median of 43.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Hotels Co BSC stock overvalued right now?
Based on GuruFocus' analysis, National Hotels Co BSC (BAH:NHOTEL) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.23, compared to a current price of BHD0.26 — trading 13% above its estimated fair value. The current 3-Year ROIIC % is 277.36, which is 543% above median its 10-year median of 43.12 and 6939.6% above the Travel & Leisure industry median of 3.94. National Hotels Co BSC's overall GF Score™ is 68/100 with 8 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 National Hotels Co BSC (BAH:NHOTEL), the current 3-Year ROIIC % is 277.36 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 National Hotels Co BSC (BAH:NHOTEL) Overvalued in 2026?
Based on GuruFocus' analysis, National Hotels Co BSC stock appears to be overvalued.
The current stock price of BHD0.26 is trading 13% above its estimated GF Value™ of BHD0.23.
GuruFocus considers National Hotels Co BSC to be Modestly Overvalued.
Key valuation signals for BAH:NHOTEL:
3-Year ROIIC %: 277.36 (543% above median its 10-year median of 43.12)
GF Value™: BHD0.23 vs. price of BHD0.26 (13% above fair value)
Industry Position: 6939.6% above the Travel & Leisure median (#35 of 793)
No single metric tells the full story. See the BAH:NHOTEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Hotels Co BSC owns and manages refurbished rooms, bars, restaurants, banquet and conference facilities. It derives a majority of revenue from hotel rooms followed by food and beverages and serviced apartments. The operating segments of the company are Hotel Business, Real estate properties, and Investments & corporate. It generates maximum revenue from the Hotel Business segment. Hotel Business segment includes Room rental, food and beverage sales, conferences and events.
68GF Score
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