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.
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.
Liberty Media's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Liberty Media's 3-Year ROIIC % or its related term are showing as below:
FRA:LM0F's 3-Year ROIIC % is ranked better than 59.73% of 951
companies
in the Media - Diversified industry
Industry Median: 1.36
vs FRA:LM0F: 6.41
Liberty Media (FRA:LM0F) 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.
Liberty Media 3-Year ROIIC % Related Terms
Liberty Media 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Liberty Media'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:LM0F vs FOXA, ROKU, TKO: 3-Year ROIIC % Comparison
For the Entertainment subindustry, Liberty Media'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.
Liberty Media 3-Year ROIIC % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Liberty Media's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Liberty Media's 3-Year ROIIC % falls into.
Liberty Media'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**
=
( 419.4099896 (Dec. 2025) - 163.312 (Dec. 2022) )
/
( 12288.206 (Dec. 2025) - 8901.92 (Dec. 2022) )
=
256.0979896
/
3386.286
=
7.56%***
* 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.
Liberty Media (FRA:LM0F) has a 3-Year ROIIC % of 6.41 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 Liberty Media and its competitors. According to the industry distribution chart, Liberty Media ranks #383 out of 951 companies in the Media - Diversified industry, placing it in the top 40.3%.
Is Liberty Media's 3-Year ROIIC % too high?
Liberty Media's current 3-Year ROIIC % is 6.41. The Media - Diversified industry median 3-Year ROIIC % is 1.36. Liberty Media's value of 6.41 is 371.3% above this industry median. Based on the distribution chart, Liberty Media ranks #383 out of 951 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Liberty Media has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Liberty Media's 3-Year ROIIC % compare to FOXA and ROKU?
According to the Media - Diversified industry distribution chart, Liberty Media ranks #383 out of 951 companies for 3-Year ROIIC %. This puts Liberty Media in the upper half of its industry. The industry median 3-Year ROIIC % is 1.36. Liberty Media's value of 6.41 is 371.3% above this benchmark. 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 Media - Diversified company?
The median 3-Year ROIIC % among Media - Diversified companies is 1.36, based on 951 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. Liberty Media's current 3-Year ROIIC % of 6.41 is 371.3% 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 Liberty Media and its competitors. For the Media - Diversified industry, the median 3-Year ROIIC % is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Media's current 3-Year ROIIC % is 6.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Media stock overvalued right now?
Liberty Media (FRA:LM0F) has a current 3-Year ROIIC % of 6.41. The stock's GF Value™ is €89.73, compared to a current price of €87.00 — trading 3% below its estimated fair value. The current 3-Year ROIIC % is 6.41 and 371.3% above the Media - Diversified industry median of 1.36. Liberty Media's overall GF Score™ is 81/100 with 6 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 Liberty Media (FRA:LM0F), the current 3-Year ROIIC % is 6.41 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 Liberty Media (FRA:LM0F) Overvalued in 2026?
Based on GuruFocus' analysis, Liberty Media stock appears to be undervalued.
The current stock price of €87.00 is trading 3% below its estimated GF Value™ of €89.73.
Key valuation signals for FRA:LM0F:
3-Year ROIIC %: 6.41
GF Value™: €89.73 vs. price of €87.00 (3% below fair value)
Industry Position: 371.3% above the Media - Diversified median (#383 of 951)
No single metric tells the full story. See the FRA:LM0F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liberty Media Corp along with its subsidiaries is engaged in the media and entertainment industries in North America and the United Kingdom. The company owns interests in a high-quality portfolio of assets across the media, entertainment and sports industries. It operates in two reportable segment Formula 1 and MotoGP. It generates majority of its revenue from the Formula 1 segment. The company derives its maximum revenue from United Kingdom.
81GF Score
Get the complete analysis for FRA:LM0F
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:LM0F has been successfully added to your 
