Wizz Air HoldingsFRA:WI2 -0.84%73 3-Year ROIIC % is 17.67 as of Mar. 2026, which is 163% above its 10-year median of 6.72. GuruFocus rates FRA:WI2 with a GF Score™ of 73/100 and a GF Value™ of €20.79 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 939 Transportation companies, Wizz Air Holdings ranks better than 77.85% 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.
Wizz Air Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 17.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Wizz Air Holdings's 3-Year ROIIC % or its related term are showing as below:
FRA:WI2's 3-Year ROIIC % is ranked better than 77.85% of 939
companies
in the Transportation industry
Industry Median: 1.88
vs FRA:WI2: 17.67
Wizz Air Holdings (FRA:WI2) 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.
Wizz Air Holdings 3-Year ROIIC % Related Terms
Wizz Air Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Wizz Air 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.
FRA:WI2 vs DAL, UAL, LUV: 3-Year ROIIC % Comparison
For the Airlines subindustry, Wizz Air 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.
Wizz Air Holdings 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Wizz Air Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Wizz Air Holdings's 3-Year ROIIC % falls into.
Wizz Air Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 6.71957 (Mar. 2026) - -537.21304 (Mar. 2023) )
/
( 11047 (Mar. 2026) - 7779.8 (Mar. 2023) )
=
543.93261
/
3267.2
=
16.65%***
* 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.
Wizz Air Holdings (FRA:WI2) has a 3-Year ROIIC % of 17.67 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Wizz Air Holdings and its competitors. This is 163% above median its historical median of 6.72. According to the industry distribution chart, Wizz Air Holdings ranks #208 out of 939 companies in the Transportation industry, placing it in the top 22.2%.
Is Wizz Air Holdings' 3-Year ROIIC % too high?
Wizz Air Holdings' current 3-Year ROIIC % of 17.67 is 163% above median its 10-year median of 6.72. The Transportation industry median 3-Year ROIIC % is 1.88. Wizz Air Holdings' value of 17.67 is 839.9% above this industry median. Based on the distribution chart, Wizz Air Holdings ranks #208 out of 939 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Wizz Air Holdings has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wizz Air Holdings' 3-Year ROIIC % compare to DAL and UAL?
According to the Transportation industry distribution chart, Wizz Air Holdings ranks #208 out of 939 companies for 3-Year ROIIC %. This places Wizz Air Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.88. Wizz Air Holdings' value of 17.67 is 839.9% above this benchmark. While the company's 10-year median is 6.72 vs. the industry median of 1.88, Wizz Air Holdings 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 a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.88, based on 939 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. Wizz Air Holdings's current 3-Year ROIIC % of 17.67 is 839.9% 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 Wizz Air Holdings and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wizz Air Holdings's current 3-Year ROIIC % is 17.67, which is 163% above median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wizz Air Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wizz Air Holdings (FRA:WI2) is currently considered Possible Value Trap. The stock's GF Value™ is €20.79, compared to a current price of €14.14 — trading 32% below its estimated fair value. The current 3-Year ROIIC % is 17.67, which is 163% above median its 10-year median of 6.72 and 839.9% above the Transportation industry median of 1.88. Wizz Air Holdings' overall GF Score™ is 73/100 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 Wizz Air Holdings (FRA:WI2), the current 3-Year ROIIC % is 17.67 as of Mar. 2026. 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 Wizz Air Holdings (FRA:WI2) Overvalued in 2026?
Based on GuruFocus' analysis, Wizz Air Holdings stock appears to be undervalued.
The current stock price of €14.14 is trading 32% below its estimated GF Value™ of €20.79.
GuruFocus considers Wizz Air Holdings to be Possible Value Trap.
Key valuation signals for FRA:WI2:
3-Year ROIIC %: 17.67 (163% above median its 10-year median of 6.72)
GF Value™: €20.79 vs. price of €14.14 (32% below fair value)
Industry Position: 839.9% above the Transportation median (#208 of 939)
No single metric tells the full story. See the FRA:WI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wizz Air is a leading ultra-low-cost airline group operating primarily across Europe, the Middle East, North Africa, and parts of Central and Western Asia. Founded in 2003, the company provides scheduled short- and medium-haul point-to-point services under the Wizz Air brand. As of March 2025, Wizz operated a fleet of 257 aircraft, serving around 185 destinations in over 46 countries. The fleet is primarily composed of Airbus A320neo aircraft, with an ongoing transition toward higher-capacity A321neo planes to support long-term unit cost efficiency.
73GF Score
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