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.
DLH Holdings's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was -10.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for DLH Holdings's 3-Year ROIIC % or its related term are showing as below:
DLHC's 3-Year ROIIC % is ranked worse than 73.49% of 1007
companies
in the Business Services industry
Industry Median: 4.99
vs DLHC: -10.01
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.
DLH Holdings 3-Year ROIIC % Related Terms
DLH Holdings 3-Year ROIIC % Historical Data
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The historical data trend for DLH Holdings'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.
DLHC vs TISI, ANPA, WFCF: 3-Year ROIIC % Comparison
For the Specialty Business Services subindustry, DLH Holdings'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.
DLH Holdings 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, DLH Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where DLH Holdings'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.
DLH Holdings (DLHC) has a 3-Year ROIIC % of -10.01 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on DLH Holdings and its competitors. According to the industry distribution chart, DLH Holdings ranks #740 out of 1007 companies in the Business Services industry, placing it in the top 73.5%.
Is DLH Holdings' 3-Year ROIIC % too high?
DLH Holdings' current 3-Year ROIIC % is -10.01. Based on the distribution chart, DLH Holdings ranks #740 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, DLH Holdings has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DLH Holdings' 3-Year ROIIC % compare to TISI and ANPA?
According to the Business Services industry distribution chart, DLH Holdings ranks #740 out of 1007 companies for 3-Year ROIIC %. This places DLH Holdings in the lower half of its industry. The industry median 3-Year ROIIC % is 4.99. 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 Business Services company?
The median 3-Year ROIIC % among Business Services companies is 4.99, based on 1,007 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 DLH Holdings and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLH Holdings's current 3-Year ROIIC % is -10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLH Holdings stock overvalued right now?
Based on GuruFocus' analysis, DLH Holdings (DLHC) is currently considered Fairly Valued. The stock's GF Value™ is $5.43, compared to a current price of $5.25 — trading 3.3% below its estimated fair value. The current 3-Year ROIIC % is -10.01. DLH Holdings' overall GF Score™ is 74/100 with 7 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 DLH Holdings (DLHC), the current 3-Year ROIIC % is -10.01 as of Sep. 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 DLH Holdings (DLHC) Overvalued in 2026?
Based on GuruFocus' analysis, DLH Holdings stock appears to be undervalued.
The current stock price of $5.25 is trading 3.3% below its estimated GF Value™ of $5.43.
GuruFocus considers DLH Holdings to be Fairly Valued.
Key valuation signals for DLHC:
3-Year ROIIC %: -10.01
GF Value™: $5.43 vs. price of $5.25 (3.3% below fair value)
No single metric tells the full story. See the DLHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DLH Holdings Corp delivers health and readiness solutions for federal government customers through digital transformation and cyber security, science research and development, and systems engineering and integration. It provides technology-enabled business process, program management, and digital transformation solutions to U.S. government agencies, focusing on large-scale, technology-powered health and defense initiatives for agencies including HHS, VA, DoD, and their sub-agencies. Its revenues come from technology-enabled business process outsourcing, program management solutions, and public health research and analytics under time-and-materials, cost-reimbursable, and firm-fixed-price contracts.
74GF Score
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