THG (CHIX:THGL) 3-Year ROIIC % : -43.10% (As of Dec. 2025)


CHIX:THGL THG PLC CHIX:THGL
38 GF Score
Price £0.31
GF Value £0.36
Valuation Modestly Undervalued
! 3 Warning Signs
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What is THG 3-Year ROIIC %?

THG CHIX:THGL +4.44% 38 3-Year ROIIC % is -43.10 as of Dec. 2025. GuruFocus rates CHIX:THGL with a GF Score™ of 38/100 and a GF Value™ of £0.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,057 Retail - Cyclical companies, THG ranks worse than 86.94% 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. THG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -43.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for THG's 3-Year ROIIC % or its related term are showing as below:

CHIX:THGl's 3-Year ROIIC % is ranked worse than
86.94% of 1057 companies
in the Retail - Cyclical industry
Industry Median: 4.82 vs CHIX:THGl: -43.10

THG  (CHIX:THGl) 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.


THG 3-Year ROIIC % Related Terms


THG 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for THG'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.

THG 3-Year ROIIC % Chart

THG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only -2.06 -47.76 37.65 16.15 -43.10

THG Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.65 0.00 16.15 0.00 -43.10

CHIX:THGL vs AMZN, BABA, PDD: 3-Year ROIIC % Comparison

For the Internet Retail subindustry, THG'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.


THG 3-Year ROIIC % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, THG's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where THG's 3-Year ROIIC % falls into.


CHIX:THGL
38GF Score
THG PLC CHIX:THGL
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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THG 3-Year ROIIC % Calculation

THG'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**
=( -48.0902331 (Dec. 2025) - -486.743943 (Dec. 2022) )/( 1295.325 (Dec. 2025) - 2313.04 (Dec. 2022) )
=438.6537099/-1017.715
=-43.10%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -43.10 mean?
THG (CHIX:THGL) has a 3-Year ROIIC % of -43.10 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 THG and its competitors. According to the industry distribution chart, THG ranks #919 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 86.9%.
Is THG's 3-Year ROIIC % too high?
THG's current 3-Year ROIIC % is -43.10. Based on the distribution chart, THG ranks #919 out of 1057 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, THG has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does THG's 3-Year ROIIC % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, THG ranks #919 out of 1057 companies for 3-Year ROIIC %. This places THG in the lower half of its industry. The industry median 3-Year ROIIC % is 4.82. 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.82, based on 1,057 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 THG and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THG's current 3-Year ROIIC % is -43.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THG stock overvalued right now?
Based on GuruFocus' analysis, THG (CHIX:THGL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.36, compared to a current price of £0.31 — trading 13.8% below its estimated fair value. The current 3-Year ROIIC % is -43.10. THG's overall GF Score™ is 38/100 with 3 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 THG (CHIX:THGL), the current 3-Year ROIIC % is -43.10 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 THG (CHIX:THGL) Overvalued in 2026?

Based on GuruFocus' analysis, THG stock appears to be undervalued. The current stock price of £0.31 is trading 13.8% below its estimated GF Value™ of £0.36. GuruFocus considers THG to be Modestly Undervalued.

Key valuation signals for CHIX:THGL:

  • 3-Year ROIIC %: -43.10
  • GF Value™: £0.36 vs. price of £0.31 (13.8% below fair value)
  • GF Score™: 38/100 with 3 warning signs

No single metric tells the full story. See the CHIX:THGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THG Business Description

Other Exchanges THG:UKHG0:Germany
Address Icon 1 7-9, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF
THG PLC is a UK-based retailer and brand owner headquartered in Manchester, operating as a digital-first, vertically integrated consumer group across two core businesses. The Group follows a UK D2C model and is expanding into high-growth international markets and selective physical retail. Its operations comprise two segments: THG Beauty, the segment generating maximum revenue, is a digital-first brand owner, retailer and manufacturer in prestige beauty, with own brands in skincare, haircare and cosmetics and platforms such as Lookfantastic, Dermstore and Cult Beauty, and THG Nutrition, which includes the online sports nutrition brand Myprotein along with Myvegan, Myvitamins, MP Activewear and MPRO, supported by production facilities. The Group generates maximum revenue from the UK.
38GF Score

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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.31
Price
£0.36
GF Value