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.
Afric Industries's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -2.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Afric Industries's 3-Year ROIIC % or its related term are showing as below:
CAS:AFI's 3-Year ROIIC % is ranked worse than 54.66% of 1524
companies
in the Chemicals industry
Industry Median: -0.05
vs CAS:AFI: -2.15
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.
Afric Industries 3-Year ROIIC % Related Terms
Afric Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Afric Industries'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.
CAS:AFI vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Afric Industries'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.
Afric Industries 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Afric Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Afric Industries's 3-Year ROIIC % falls into.
Afric Industries'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**
=
( 6.41744 (Dec. 2025) - 6.239151 (Dec. 2022) )
/
( 41.502 (Dec. 2025) - 49.811 (Dec. 2022) )
=
0.178289
/
-8.309
=
-2.15%***
* 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.
Afric Industries (CAS:AFI) has a 3-Year ROIIC % of -2.15 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 Afric Industries and its competitors. According to the industry distribution chart, Afric Industries ranks #833 out of 1524 companies in the Chemicals industry, placing it in the top 54.7%.
Is Afric Industries' 3-Year ROIIC % too high?
Afric Industries' current 3-Year ROIIC % is -2.15. Based on the distribution chart, Afric Industries ranks #833 out of 1524 companies in the Chemicals industry, which is below the industry midpoint. Overall, Afric Industries has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afric Industries' 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Afric Industries ranks #833 out of 1524 companies for 3-Year ROIIC %. This places Afric Industries in the lower half of its industry. 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 Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Afric Industries and its competitors. Afric Industries's current 3-Year ROIIC % is -2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afric Industries stock overvalued right now?
Based on GuruFocus' analysis, Afric Industries (CAS:AFI) is currently considered Fairly Valued. The stock's GF Value™ is MAD339.06, compared to a current price of MAD338.00 — trading 0.3% below its estimated fair value. The current 3-Year ROIIC % is -2.15. Afric Industries' overall GF Score™ is 65/100 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 Afric Industries (CAS:AFI), the current 3-Year ROIIC % is -2.15 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 Afric Industries (CAS:AFI) Overvalued in 2026?
Based on GuruFocus' analysis, Afric Industries stock appears to be undervalued.
The current stock price of MAD338.00 is trading 0.3% below its estimated GF Value™ of MAD339.06.
GuruFocus considers Afric Industries to be Fairly Valued.
Key valuation signals for CAS:AFI:
3-Year ROIIC %: -2.15
GF Value™: MAD339.06 vs. price of MAD338.00 (0.3% below fair value)
No single metric tells the full story. See the CAS:AFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afric Industries SA is engaged in the development, production, and marketing of abrasive products of all shapes and sizes. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.
65GF Score
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