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KAL GroupJSE:KAL 92 3-Year ROIIC % is 255.52 as of Sep. 2025, which is 3051% above its 10-year median of 8.11. GuruFocus rates JSE:KAL with a GF Score™ of 92/100 and a GF Value™ of R43.66 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,062 Retail - Cyclical companies, KAL Group ranks better than 96.42% 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.
KAL Group's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 255.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for KAL Group's 3-Year ROIIC % or its related term are showing as below:
JSE:KAL's 3-Year ROIIC % is ranked better than 96.42% of 1062
companies
in the Retail - Cyclical industry
Industry Median: 3.97
vs JSE:KAL: 255.52
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.
KAL Group 3-Year ROIIC % Related Terms
KAL Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for KAL 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.
JSE:KAL vs CASY, WSM, ULTA: 3-Year ROIIC % Comparison
For the Specialty Retail subindustry, KAL 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.
KAL Group 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, KAL Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where KAL Group's 3-Year ROIIC % falls into.
* 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.
KAL Group (JSE:KAL) has a 3-Year ROIIC % of 255.52 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on KAL Group and its competitors. This is 3051% above median its historical median of 8.11. Over the past decade, KAL Group's 3-Year ROIIC % has ranged from 4.28 to 255.52. According to the industry distribution chart, KAL Group ranks #38 out of 1062 companies in the Retail - Cyclical industry, placing it in the top 3.6%.
Is KAL Group's 3-Year ROIIC % too high?
KAL Group's current 3-Year ROIIC % of 255.52 is 3051% above median its 10-year median of 8.11. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 255.52. The Retail - Cyclical industry median 3-Year ROIIC % is 3.97. KAL Group's value of 255.52 is 6336.3% above this industry median. Based on the distribution chart, KAL Group ranks #38 out of 1062 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, KAL Group has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KAL Group's 3-Year ROIIC % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, KAL Group ranks #38 out of 1062 companies for 3-Year ROIIC %. This places KAL Group in the top 4% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.97. KAL Group's value of 255.52 is 6336.3% above this benchmark. Historically, KAL Group's own 3-Year ROIIC % has ranged from 4.28 to 255.52 over the past decade. While the company's 10-year median is 8.11 vs. the industry median of 3.97, KAL 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 a Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 3.97, based on 1,062 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. KAL Group's current 3-Year ROIIC % of 255.52 is 6336.3% 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 KAL Group and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KAL Group's current 3-Year ROIIC % is 255.52, which is 3051% above median its own 10-year median of 8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAL Group stock overvalued right now?
Based on GuruFocus' analysis, KAL Group (JSE:KAL) is currently considered Modestly Overvalued. The stock's GF Value™ is R43.66, compared to a current price of R50.00 — trading 14.5% above its estimated fair value. The current 3-Year ROIIC % is 255.52, which is 3051% above median its 10-year median of 8.11 and 6336.3% above the Retail - Cyclical industry median of 3.97. KAL Group's overall GF Score™ is 92/100 with 5 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 KAL Group (JSE:KAL), the current 3-Year ROIIC % is 255.52 as of Sep. 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 KAL Group (JSE:KAL) Overvalued in 2026?
Based on GuruFocus' analysis, KAL Group stock appears to be overvalued.
The current stock price of R50.00 is trading 14.5% above its estimated GF Value™ of R43.66.
GuruFocus considers KAL Group to be Modestly Overvalued.
Key valuation signals for JSE:KAL:
3-Year ROIIC %: 255.52 (3051% above median its 10-year median of 8.11)
GF Value™: R43.66 vs. price of R50.00 (14.5% above fair value)
Industry Position: 6336.3% above the Retail - Cyclical median (#38 of 1062)
No single metric tells the full story. See the JSE:KAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KAL Group Ltd is a lifestyle retailer offering agricultural inputs, fuel (farm and retail), and general and convenience retail products to consumers across Southern Africa. Its segments include Agrimark, PEG, Agrimark Grain and Manufacturing. The majority of the company's revenue is derived from the PEG segment, which operates retail fuel outlets, including convenience stores and quick-service restaurant locations, serving a broad customer base. Geographically, it generates the maximum revenue from South Africa and the rest from Namibia.
92GF Score
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