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KH GroupFRA:WE3 -1.48%40 3-Year ROIIC % is 26.65 as of Dec. 2025, which is at its 10-year median of 26.65. GuruFocus rates FRA:WE3 with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 151 Industrial Distribution companies, KH Group ranks better than 81.46% 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.
KH Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 26.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for KH Group's 3-Year ROIIC % or its related term are showing as below:
FRA:WE3's 3-Year ROIIC % is ranked better than 81.46% of 151
companies
in the Industrial Distribution industry
Industry Median: 2.68
vs FRA:WE3: 26.65
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.
KH Group 3-Year ROIIC % Related Terms
KH Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for KH Group'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:WE3 vs GWW, FAST, FERG: 3-Year ROIIC % Comparison
For the Industrial Distribution subindustry, KH Group'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.
KH Group 3-Year ROIIC % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, KH Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where KH Group's 3-Year ROIIC % falls into.
KH Group'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**
=
( 3.806304 (Dec. 2025) - -1.7956016 (Dec. 2022) )
/
( 128.492 (Dec. 2025) - 107.472 (Dec. 2022) )
=
5.6019056
/
21.02
=
26.65%***
* 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.
KH Group (FRA:WE3) has a 3-Year ROIIC % of 26.65 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 KH Group and its competitors. This is near median its historical median of 26.65. According to the industry distribution chart, KH Group ranks #28 out of 151 companies in the Industrial Distribution industry, placing it in the top 18.5%.
Is KH Group's 3-Year ROIIC % too high?
KH Group's current 3-Year ROIIC % of 26.65 is near median its 10-year median of 26.65. The Industrial Distribution industry median 3-Year ROIIC % is 2.68. KH Group's value of 26.65 is 894.4% above this industry median. Based on the distribution chart, KH Group ranks #28 out of 151 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, KH Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does KH Group's 3-Year ROIIC % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, KH Group ranks #28 out of 151 companies for 3-Year ROIIC %. This places KH Group in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.68. KH Group's value of 26.65 is 894.4% above this benchmark. While the company's 10-year median is 26.65 vs. the industry median of 2.68, KH Group 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 Industrial Distribution company?
The median 3-Year ROIIC % among Industrial Distribution companies is 2.68, based on 151 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. KH Group's current 3-Year ROIIC % of 26.65 is 894.4% 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 KH Group and its competitors. For the Industrial Distribution industry, the median 3-Year ROIIC % is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KH Group's current 3-Year ROIIC % is 26.65, which is near median its own 10-year median of 26.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KH Group stock overvalued right now?
KH Group (FRA:WE3) has a current 3-Year ROIIC % of 26.65. The current 3-Year ROIIC % is 26.65, which is near median its 10-year median of 26.65 and 894.4% above the Industrial Distribution industry median of 2.68. KH Group's overall GF Score™ is 40/100 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 KH Group (FRA:WE3), the current 3-Year ROIIC % is 26.65 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.
KH Group PLC is a Nordic corporation supporting sustainable construction and society's critical functions, with two business areas: KH-Koneet, a supplier of construction and earthmoving machinery, and Nordic Rescue Group, a rescue vehicle manufacturer. The company operates through KH-Koneet and Nordic Rescue Group segments, with KH-Koneet generating the majority of its revenue by selling and renting machinery, equipment, and services for earthworks, property maintenance, and material handling, while Nordic Rescue Group manufactures and distributes rescue vehicles in the Nordic countries. Its geographic areas are Finland and Sweden.
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