Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
123Fahrschule SEFRA:123F -5.43%18 3-Year ROIIC % is 46.25 as of Dec. 2025, which is 90% above its 10-year median of 24.39. GuruFocus rates FRA:123F with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 241 Education companies, 123Fahrschule SE ranks better than 82.99% 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.
123Fahrschule SE's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 46.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for 123Fahrschule SE's 3-Year ROIIC % or its related term are showing as below:
FRA:123F's 3-Year ROIIC % is ranked better than 82.99% of 241
companies
in the Education industry
Industry Median: 2.7
vs FRA:123F: 46.25
123Fahrschule SE (FRA:123F) 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.
123Fahrschule SE 3-Year ROIIC % Related Terms
123Fahrschule SE 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for 123Fahrschule SE'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.
FRA:123F vs EDU, TAL, LAUR: 3-Year ROIIC % Comparison
For the Education & Training Services subindustry, 123Fahrschule SE'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.
123Fahrschule SE 3-Year ROIIC % vs Education Industry
For the Education industry and Consumer Defensive sector, 123Fahrschule SE's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where 123Fahrschule SE'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.
123Fahrschule SE (FRA:123F) has a 3-Year ROIIC % of 46.25 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 123Fahrschule SE and its competitors. This is 90% above median its historical median of 24.39. According to the industry distribution chart, 123Fahrschule SE ranks #41 out of 241 companies in the Education industry, placing it in the top 17%.
Is 123Fahrschule SE's 3-Year ROIIC % too high?
123Fahrschule SE's current 3-Year ROIIC % of 46.25 is 90% above median its 10-year median of 24.39. The Education industry median 3-Year ROIIC % is 2.70. 123Fahrschule SE's value of 46.25 is 1613% above this industry median. Based on the distribution chart, 123Fahrschule SE ranks #41 out of 241 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, 123Fahrschule SE has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does 123Fahrschule SE's 3-Year ROIIC % compare to EDU and TAL?
According to the Education industry distribution chart, 123Fahrschule SE ranks #41 out of 241 companies for 3-Year ROIIC %. This places 123Fahrschule SE in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.70. 123Fahrschule SE's value of 46.25 is 1613% above this benchmark. While the company's 10-year median is 24.39 vs. the industry median of 2.70, 123Fahrschule SE 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 an Education company?
The median 3-Year ROIIC % among Education companies is 2.70, based on 241 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. 123Fahrschule SE's current 3-Year ROIIC % of 46.25 is 1613% 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 123Fahrschule SE and its competitors. For the Education industry, the median 3-Year ROIIC % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 123Fahrschule SE's current 3-Year ROIIC % is 46.25, which is 90% above median its own 10-year median of 24.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 123Fahrschule SE stock overvalued right now?
123Fahrschule SE (FRA:123F) has a current 3-Year ROIIC % of 46.25. The current 3-Year ROIIC % is 46.25, which is 90% above median its 10-year median of 24.39 and 1613% above the Education industry median of 2.70. 123Fahrschule SE's overall GF Score™ is 18/100 with 4 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 123Fahrschule SE (FRA:123F), the current 3-Year ROIIC % is 46.25 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.
123Fahrschule SE is a digital driving school chain. It is specialized in the consolidation and digital expansion of the classic driving license training of the German driving school market. The company offers its learner drivers a digital, effective and intelligent application software for administration, e-learning and individual learning status control for driver's license training for all driver's license classes.
18GF Score
Get the complete analysis for FRA:123F
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:123F has been successfully added to your 
