Lewis Group (JSE:LEW) 3-Year ROIIC % : 78.17% (As of Mar. 2026) — 167% Above Median

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JSE:LEW Lewis Group Ltd JSE:LEW
92 GF Score
Price R98.41
GF Value R84.07
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Lewis Group 3-Year ROIIC %?

Lewis Group JSE:LEW +0.42% 92 3-Year ROIIC % is 78.17 as of Mar. 2026, which is 167% above its 10-year median of 29.33. GuruFocus rates JSE:LEW with a GF Score™ of 92/100 and a GF Value™ of R84.07 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,057 Retail - Cyclical companies, Lewis Group ranks better than 90.54% 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. Lewis Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 78.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Lewis Group's 3-Year ROIIC % or its related term are showing as below:

JSE:LEW's 3-Year ROIIC % is ranked better than
90.54% of 1057 companies
in the Retail - Cyclical industry
Industry Median: 4.63 vs JSE:LEW: 78.17

Lewis Group  (JSE:LEW) 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.


Lewis Group 3-Year ROIIC % Related Terms


Lewis Group 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Lewis 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.

Lewis Group 3-Year ROIIC % Chart

Lewis Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.60 21.18 33.30 39.86 78.17

Lewis Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.30 0.00 39.86 0.00 78.17

JSE:LEW vs CASY, WSM, DKS: 3-Year ROIIC % Comparison

For the Specialty Retail subindustry, Lewis 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.


Lewis Group 3-Year ROIIC % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lewis Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Lewis Group's 3-Year ROIIC % falls into.


JSE:LEW
92GF Score
Lewis Group Ltd JSE:LEW
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lewis Group 3-Year ROIIC % Calculation

Lewis Group'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**
=( 2020.75303 (Mar. 2026) - 1037.97683 (Mar. 2023) )/( 7733.3 (Mar. 2026) - 6476.1 (Mar. 2023) )
=982.7762/1257.2
=78.17%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 78.17 mean?
Lewis Group (JSE:LEW) has a 3-Year ROIIC % of 78.17 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 Lewis Group and its competitors. This is 167% above median its historical median of 29.33. According to the industry distribution chart, Lewis Group ranks #100 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 9.5%.
Is Lewis Group's 3-Year ROIIC % too high?
Lewis Group's current 3-Year ROIIC % of 78.17 is 167% above median its 10-year median of 29.33. The Retail - Cyclical industry median 3-Year ROIIC % is 4.63. Lewis Group's value of 78.17 is 1588.3% above this industry median. Based on the distribution chart, Lewis Group ranks #100 out of 1057 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Lewis 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 Lewis Group's 3-Year ROIIC % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Lewis Group ranks #100 out of 1057 companies for 3-Year ROIIC %. This places Lewis Group in the top 10% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.63. Lewis Group's value of 78.17 is 1588.3% above this benchmark. While the company's 10-year median is 29.33 vs. the industry median of 4.63, Lewis 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 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. Lewis Group's current 3-Year ROIIC % of 78.17 is 1588.3% 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 Lewis Group 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. Lewis Group's current 3-Year ROIIC % is 78.17, which is 167% above median its own 10-year median of 29.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lewis Group stock overvalued right now?
Based on GuruFocus' analysis, Lewis Group (JSE:LEW) is currently considered Modestly Overvalued. The stock's GF Value™ is R84.07, compared to a current price of R98.41 — trading 17.1% above its estimated fair value. The current 3-Year ROIIC % is 78.17, which is 167% above median its 10-year median of 29.33 and 1588.3% above the Retail - Cyclical industry median of 4.63. Lewis Group's overall GF Score™ is 92/100 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 Lewis Group (JSE:LEW), the current 3-Year ROIIC % is 78.17 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 Lewis Group (JSE:LEW) Overvalued in 2026?

Based on GuruFocus' analysis, Lewis Group stock appears to be overvalued. The current stock price of R98.41 is trading 17.1% above its estimated GF Value™ of R84.07. GuruFocus considers Lewis Group to be Modestly Overvalued.

Key valuation signals for JSE:LEW:

  • 3-Year ROIIC %: 78.17 (167% above median its 10-year median of 29.33)
  • GF Value™: R84.07 vs. price of R98.41 (17.1% above fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 1588.3% above the Retail - Cyclical median (#100 of 1057)

No single metric tells the full story. See the JSE:LEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lewis Group Business Description

Address 53A Victoria Road, Universal House, Woodstock, Cape Town, ZAF, 7925
Lewis Group Ltd is a South Africa-based retailer of household furniture and electrical appliances through its three trading brands, Lewis, Beares, and Best Home and Electric. Lewis sells a range of household furniture, electrical appliances, and home electronics to customers in the LSM 4 to 7 categories. Best Home and Electric is a retailer of electrical appliances, sound and vision equipment, and furniture, targeting LSM four to seven customers. Its operating segments are Traditional retail and Cash retail. The company generates majority of the revenue from Traditional retail segment. Beares is a retailer of upmarket furniture, electrical appliances, and home electronics to customers in the LSM 6 to 9 categories.
92GF Score

Get the complete analysis for JSE:LEW

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R98.41
Price
R84.07
GF Value