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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.
Howden Joinery Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -32.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Howden Joinery Group's 3-Year ROIIC % or its related term are showing as below:
CHIX:HWDNl's 3-Year ROIIC % is ranked worse than 82.11% of 408
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.67
vs CHIX:HWDNl: -32.80
Howden Joinery Group (CHIX:HWDNl) 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.
Howden Joinery Group 3-Year ROIIC % Related Terms
Howden Joinery Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Howden Joinery 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.
CHIX:HWDNL vs SN, SGI, MHK: 3-Year ROIIC % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery 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.
Howden Joinery Group 3-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Howden Joinery Group's 3-Year ROIIC % falls into.
Howden Joinery Group'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**
=
( 275.78386 (Dec. 2025) - 382.85592 (Dec. 2022) )
/
( 1732.5 (Dec. 2025) - 1406.1 (Dec. 2022) )
=
-107.07206
/
326.4
=
-32.80%***
* 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.
Howden Joinery Group (CHIX:HWDNL) has a 3-Year ROIIC % of -32.80 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 Howden Joinery Group and its competitors. According to the industry distribution chart, Howden Joinery Group ranks #335 out of 408 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 82.1%.
Is Howden Joinery Group's 3-Year ROIIC % too high?
Howden Joinery Group's current 3-Year ROIIC % is -32.80. Based on the distribution chart, Howden Joinery Group ranks #335 out of 408 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Howden Joinery Group has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Howden Joinery Group's 3-Year ROIIC % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Howden Joinery Group ranks #335 out of 408 companies for 3-Year ROIIC %. This places Howden Joinery Group in the lower half of its industry. The industry median 3-Year ROIIC % is 1.67. 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 Furnishings, Fixtures & Appliances company?
The median 3-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 1.67, based on 408 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. 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 Howden Joinery Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 3-Year ROIIC % is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howden Joinery Group's current 3-Year ROIIC % is -32.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howden Joinery Group stock overvalued right now?
Based on GuruFocus' analysis, Howden Joinery Group (CHIX:HWDNL) is currently considered Fairly Valued. The stock's GF Value™ is £8.82, compared to a current price of £8.01 — trading 9.2% below its estimated fair value. The current 3-Year ROIIC % is -32.80. Howden Joinery Group's overall GF Score™ is 95/100 with 1 warning sign 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 Howden Joinery Group (CHIX:HWDNL), the current 3-Year ROIIC % is -32.80 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 Howden Joinery Group (CHIX:HWDNL) Overvalued in 2026?
Based on GuruFocus' analysis, Howden Joinery Group stock appears to be undervalued.
The current stock price of £8.01 is trading 9.2% below its estimated GF Value™ of £8.82.
GuruFocus considers Howden Joinery Group to be Fairly Valued.
Key valuation signals for CHIX:HWDNL:
3-Year ROIIC %: -32.80
GF Value™: £8.82 vs. price of £8.01 (9.2% below fair value)
No single metric tells the full story. See the CHIX:HWDNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howden Joinery Group Plc is the UK's specialist trade-only kitchen and joinery supplier, focused on serving trade customers through an in-stock, local depot model supported by UK manufacturing, sourcing, and distribution. The Company designs, manufactures, and sources kitchen and joinery products, including cabinets, cabinet frontals, worktops, and skirting boards, and supplies a multiple products such as appliances, joinery, flooring, and hardware necessary to complete any kitchen, along with design, planning, and support services to trade customers. The business operates as a trade-only, in-stock kitchen and joinery supply model supported by manufacturing, sourcing, and distribution operations. It generates the majority of its revenue from the UK.
95GF Score
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