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Boxer RetailJSE:BOX -0.62%18 3-Year ROIIC % is 35.83 as of Feb. 2026, which is 2% above its 10-year median of 35.12. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,057 Retail - Cyclical companies, Boxer Retail ranks better than 81.84% 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.
Boxer Retail's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 35.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Boxer Retail's 3-Year ROIIC % or its related term are showing as below:
JSE:BOX's 3-Year ROIIC % is ranked better than 81.84% of 1057
companies
in the Retail - Cyclical industry
Industry Median: 4.63
vs JSE:BOX: 35.83
Boxer Retail (JSE:BOX) 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.
Boxer Retail 3-Year ROIIC % Related Terms
Boxer Retail 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Boxer Retail'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 Department Stores subindustry, Boxer Retail'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.
Boxer Retail 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Boxer Retail's 3-Year ROIIC % falls into.
Boxer Retail'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**
=
( 1943.4146 (Feb. 2026) - 1163.8554 (Feb. 2023) )
/
( 9494 (Feb. 2026) - 7318 (Feb. 2023) )
=
779.5592
/
2176
=
35.83%***
* 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.
Boxer Retail (JSE:BOX) has a 3-Year ROIIC % of 35.83 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 Boxer Retail and its competitors. This is near median its historical median of 35.12. Over the past decade, Boxer Retail's 3-Year ROIIC % has ranged from 34.41 to 35.83. According to the industry distribution chart, Boxer Retail ranks #192 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 18.2%.
Is Boxer Retail's 3-Year ROIIC % too high?
Boxer Retail's current 3-Year ROIIC % of 35.83 is near median its 10-year median of 35.12. Over the past 10 years, this metric has ranged from a low of 34.41 to a high of 35.83. The Retail - Cyclical industry median 3-Year ROIIC % is 4.63. Boxer Retail's value of 35.83 is 673.9% above this industry median. Based on the distribution chart, Boxer Retail ranks #192 out of 1057 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's 3-Year ROIIC % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #192 out of 1057 companies for 3-Year ROIIC %. This places Boxer Retail in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.63. Boxer Retail's value of 35.83 is 673.9% above this benchmark. Historically, Boxer Retail's own 3-Year ROIIC % has ranged from 34.41 to 35.83 over the past decade. While the company's 10-year median is 35.12 vs. the industry median of 4.63, Boxer Retail 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.63, based on 1,057 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. Boxer Retail's current 3-Year ROIIC % of 35.83 is 673.9% 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 Boxer Retail and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current 3-Year ROIIC % is 35.83, which is near median its own 10-year median of 35.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current 3-Year ROIIC % of 35.83. The current 3-Year ROIIC % is 35.83, which is near median its 10-year median of 35.12 and 673.9% above the Retail - Cyclical industry median of 4.63. Boxer Retail's overall GF Score™ is 18/100 with 4 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 Boxer Retail (JSE:BOX), the current 3-Year ROIIC % is 35.83 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.
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
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