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Africa BitcoinJSE:BAC 12 3-Year ROIIC % is 17.21 as of Feb. 2026, which is 10% below its 10-year median of 19.10. GuruFocus rates JSE:BAC with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 653 Asset Management companies, Africa Bitcoin ranks better than 67.99% 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.
Africa Bitcoin's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 17.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Africa Bitcoin's 3-Year ROIIC % or its related term are showing as below:
JSE:BAC's 3-Year ROIIC % is ranked better than 67.99% of 653
companies
in the Asset Management industry
Industry Median: 2.21
vs JSE:BAC: 17.21
Africa Bitcoin (JSE:BAC) 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.
Africa Bitcoin 3-Year ROIIC % Related Terms
Africa Bitcoin 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Africa Bitcoin'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.
JSE:BAC vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Africa Bitcoin'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.
Africa Bitcoin 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Africa Bitcoin's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Africa Bitcoin's 3-Year ROIIC % falls into.
Africa Bitcoin's 3-Year ROIIC % for the quarter that ended in Feb. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 27.567538 (Feb. 2026) - -36.369 (Feb. 2023) )
/
( 398.967 (Feb. 2026) - 27.511 (Feb. 2023) )
=
63.936538
/
371.456
=
17.21%***
* 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.
Africa Bitcoin (JSE:BAC) has a 3-Year ROIIC % of 17.21 as of Feb. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Africa Bitcoin and its competitors. This is 10% below median its historical median of 19.10. Over the past decade, Africa Bitcoin's 3-Year ROIIC % has ranged from 17.21 to 20.99. According to the industry distribution chart, Africa Bitcoin ranks #209 out of 653 companies in the Asset Management industry, placing it in the top 32%.
Is Africa Bitcoin's 3-Year ROIIC % too high?
Africa Bitcoin's current 3-Year ROIIC % of 17.21 is 10% below median its 10-year median of 19.10. Over the past 10 years, this metric has ranged from a low of 17.21 to a high of 20.99. The Asset Management industry median 3-Year ROIIC % is 2.21. Africa Bitcoin's value of 17.21 is 678.7% above this industry median. Based on the distribution chart, Africa Bitcoin ranks #209 out of 653 companies in the Asset Management industry, which is above the industry midpoint. Overall, Africa Bitcoin has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Africa Bitcoin's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Africa Bitcoin ranks #209 out of 653 companies for 3-Year ROIIC %. This puts Africa Bitcoin in the upper half of its industry. The industry median 3-Year ROIIC % is 2.21. Africa Bitcoin's value of 17.21 is 678.7% above this benchmark. Historically, Africa Bitcoin's own 3-Year ROIIC % has ranged from 17.21 to 20.99 over the past decade. While the company's 10-year median is 19.10 vs. the industry median of 2.21, Africa Bitcoin 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 Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.21, based on 653 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. Africa Bitcoin's current 3-Year ROIIC % of 17.21 is 678.7% 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 Africa Bitcoin and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Africa Bitcoin's current 3-Year ROIIC % is 17.21, which is 10% below median its own 10-year median of 19.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Bitcoin stock overvalued right now?
Africa Bitcoin (JSE:BAC) has a current 3-Year ROIIC % of 17.21. The current 3-Year ROIIC % is 17.21, which is 10% below median its 10-year median of 19.10 and 678.7% above the Asset Management industry median of 2.21. Africa Bitcoin's overall GF Score™ is 12/100 with 3 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 Africa Bitcoin (JSE:BAC), the current 3-Year ROIIC % is 17.21 as of Feb. 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.
Africa Bitcoin Corp Ltd is an African financial services group that provides a private credit platform with a Bitcoin treasury strategy. It provides secured lending to small and medium-sized enterprises, generating cash flows. The company combines income generation with balance sheet growth while addressing funding gaps and delivering measurable social impact.
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