Himalaya ShippingHSHP +0.27%58 3-Year ROIIC % is 10.41 as of Dec. 2025, which is at its 10-year median of 10.41. GuruFocus rates HSHP with a GF Score™ of 58/100 and a GF Value™ of $14.76 (Fairly Valued). The stock has 9 warning signs investors should review. Among 937 Transportation companies, Himalaya Shipping ranks better than 67.02% 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.
Himalaya Shipping's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 10.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Himalaya Shipping's 3-Year ROIIC % or its related term are showing as below:
HSHP's 3-Year ROIIC % is ranked better than 67.02% of 937
companies
in the Transportation industry
Industry Median: 1.97
vs HSHP: 10.41
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.
Himalaya Shipping 3-Year ROIIC % Related Terms
Himalaya Shipping 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Himalaya Shipping'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.
For the Marine Shipping subindustry, Himalaya Shipping'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.
Himalaya Shipping 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Himalaya Shipping's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Himalaya Shipping's 3-Year ROIIC % falls into.
Himalaya Shipping'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**
=
( 68.2 (Dec. 2025) - -1.971 (Dec. 2022) )
/
( 853.1 (Dec. 2025) - 183.409 (Dec. 2022) )
=
70.171
/
669.691
=
10.48%***
* 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.
Himalaya Shipping (HSHP) has a 3-Year ROIIC % of 10.41 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 Himalaya Shipping and its competitors. This is near median its historical median of 10.41. Over the past decade, Himalaya Shipping's 3-Year ROIIC % has ranged from 10.41 to 10.41. According to the industry distribution chart, Himalaya Shipping ranks #309 out of 937 companies in the Transportation industry, placing it in the top 33%.
Is Himalaya Shipping's 3-Year ROIIC % too high?
Himalaya Shipping's current 3-Year ROIIC % of 10.41 is near median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 10.41 to a high of 10.41. The Transportation industry median 3-Year ROIIC % is 1.97. Himalaya Shipping's value of 10.41 is 428.4% above this industry median. Based on the distribution chart, Himalaya Shipping ranks #309 out of 937 companies in the Transportation industry, which is above the industry midpoint. Overall, Himalaya Shipping has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Himalaya Shipping's 3-Year ROIIC % compare to competitors?
According to the Transportation industry distribution chart, Himalaya Shipping ranks #309 out of 937 companies for 3-Year ROIIC %. This puts Himalaya Shipping in the upper half of its industry. The industry median 3-Year ROIIC % is 1.97. Himalaya Shipping's value of 10.41 is 428.4% above this benchmark. Historically, Himalaya Shipping's own 3-Year ROIIC % has ranged from 10.41 to 10.41 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 1.97, Himalaya Shipping 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 1.97, based on 937 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. Himalaya Shipping's current 3-Year ROIIC % of 10.41 is 428.4% 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 Himalaya Shipping and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himalaya Shipping's current 3-Year ROIIC % is 10.41, which is near median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himalaya Shipping stock overvalued right now?
Based on GuruFocus' analysis, Himalaya Shipping (HSHP) is currently considered Fairly Valued. The stock's GF Value™ is $14.76, compared to a current price of $14.86 — trading 0.7% above its estimated fair value. The current 3-Year ROIIC % is 10.41, which is near median its 10-year median of 10.41 and 428.4% above the Transportation industry median of 1.97. Himalaya Shipping's overall GF Score™ is 58/100 with 9 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 Himalaya Shipping (HSHP), the current 3-Year ROIIC % is 10.41 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 Himalaya Shipping (HSHP) Overvalued in 2026?
Based on GuruFocus' analysis, Himalaya Shipping stock appears to be overvalued.
The current stock price of $14.86 is trading 0.7% above its estimated GF Value™ of $14.76.
GuruFocus considers Himalaya Shipping to be Fairly Valued.
Key valuation signals for HSHP:
3-Year ROIIC %: 10.41 (near median its 10-year median of 10.41)
GF Value™: $14.76 vs. price of $14.86 (0.7% above fair value)
Industry Position: 428.4% above the Transportation median (#309 of 937)
No single metric tells the full story. See the HSHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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