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.
Kumba Iron Ore's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -27.70%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Kumba Iron Ore's 3-Year ROIIC % or its related term are showing as below:
FRA:KUI's 3-Year ROIIC % is ranked worse than 79.04% of 606
companies
in the Steel industry
Industry Median: -0.25
vs FRA:KUI: -27.70
Kumba Iron Ore (FRA:KUI) 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.
Kumba Iron Ore 3-Year ROIIC % Related Terms
Kumba Iron Ore 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Kumba Iron Ore'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:KUI vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Kumba Iron Ore'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.
Kumba Iron Ore 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Kumba Iron Ore's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kumba Iron Ore'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.
Kumba Iron Ore (FRA:KUI) has a 3-Year ROIIC % of -27.70 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 Kumba Iron Ore and its competitors. According to the industry distribution chart, Kumba Iron Ore ranks #479 out of 606 companies in the Steel industry, placing it in the top 79%.
Is Kumba Iron Ore's 3-Year ROIIC % too high?
Kumba Iron Ore's current 3-Year ROIIC % is -27.70. Based on the distribution chart, Kumba Iron Ore ranks #479 out of 606 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Kumba Iron Ore has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumba Iron Ore's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Kumba Iron Ore ranks #479 out of 606 companies for 3-Year ROIIC %. This places Kumba Iron Ore 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 Steel company?
A good 3-Year ROIIC % depends on the Steel 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 Kumba Iron Ore and its competitors. Kumba Iron Ore's current 3-Year ROIIC % is -27.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumba Iron Ore stock overvalued right now?
Based on GuruFocus' analysis, Kumba Iron Ore (FRA:KUI) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.51, compared to a current price of €15.10 — trading 18.4% below its estimated fair value. The current 3-Year ROIIC % is -27.70. Kumba Iron Ore's overall GF Score™ is 72/100 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 Kumba Iron Ore (FRA:KUI), the current 3-Year ROIIC % is -27.70 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 Kumba Iron Ore (FRA:KUI) Overvalued in 2026?
Based on GuruFocus' analysis, Kumba Iron Ore stock appears to be undervalued.
The current stock price of €15.10 is trading 18.4% below its estimated GF Value™ of €18.51.
GuruFocus considers Kumba Iron Ore to be Modestly Undervalued.
Key valuation signals for FRA:KUI:
3-Year ROIIC %: -27.70
GF Value™: €18.51 vs. price of €15.10 (18.4% below fair value)
No single metric tells the full story. See the FRA:KUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing, blending, and sale of iron ore to the steel industry. The company operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is opencast and produces the bulk of the group's iron ore, which is exported. It also holds an interest in the Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.
72GF Score
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