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Mahube InfrastructureJSE:MHB 64 3-Year ROIIC % is 110.21 as of Feb. 2026, which is 90% above its 10-year median of 58.03. GuruFocus rates JSE:MHB with a GF Score™ of 64/100 and a GF Value™ of R3.82 (Fairly Valued). The stock has 2 warning signs investors should review. Among 657 Asset Management companies, Mahube Infrastructure ranks better than 90.87% 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.
Mahube Infrastructure's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 110.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Mahube Infrastructure's 3-Year ROIIC % or its related term are showing as below:
JSE:MHB's 3-Year ROIIC % is ranked better than 90.87% of 657
companies
in the Asset Management industry
Industry Median: 1.94
vs JSE:MHB: 110.21
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.
Mahube Infrastructure 3-Year ROIIC % Related Terms
Mahube Infrastructure 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Mahube Infrastructure'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:MHB vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Mahube Infrastructure'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.
Mahube Infrastructure 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Mahube Infrastructure's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mahube Infrastructure's 3-Year ROIIC % falls into.
Mahube Infrastructure'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**
=
( -21.861 (Feb. 2026) - -29.449 (Feb. 2023) )
/
( 551.737 (Feb. 2026) - 544.852 (Feb. 2023) )
=
7.588
/
6.8849999999999
=
110.21%***
* 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.
Mahube Infrastructure (JSE:MHB) has a 3-Year ROIIC % of 110.21 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 Mahube Infrastructure and its competitors. This is 90% above median its historical median of 58.03. According to the industry distribution chart, Mahube Infrastructure ranks #60 out of 657 companies in the Asset Management industry, placing it in the top 9.1%.
Is Mahube Infrastructure's 3-Year ROIIC % too high?
Mahube Infrastructure's current 3-Year ROIIC % of 110.21 is 90% above median its 10-year median of 58.03. The Asset Management industry median 3-Year ROIIC % is 1.94. Mahube Infrastructure's value of 110.21 is 5580.9% above this industry median. Based on the distribution chart, Mahube Infrastructure ranks #60 out of 657 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Mahube Infrastructure has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mahube Infrastructure's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Mahube Infrastructure ranks #60 out of 657 companies for 3-Year ROIIC %. This places Mahube Infrastructure in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.94. Mahube Infrastructure's value of 110.21 is 5580.9% above this benchmark. While the company's 10-year median is 58.03 vs. the industry median of 1.94, Mahube Infrastructure 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 1.94, based on 657 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. Mahube Infrastructure's current 3-Year ROIIC % of 110.21 is 5580.9% 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 Mahube Infrastructure and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahube Infrastructure's current 3-Year ROIIC % is 110.21, which is 90% above median its own 10-year median of 58.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahube Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Mahube Infrastructure (JSE:MHB) is currently considered Fairly Valued. The stock's GF Value™ is R3.82, compared to a current price of R4.19 — trading 9.7% above its estimated fair value. The current 3-Year ROIIC % is 110.21, which is 90% above median its 10-year median of 58.03 and 5580.9% above the Asset Management industry median of 1.94. Mahube Infrastructure's overall GF Score™ is 64/100 with 2 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 Mahube Infrastructure (JSE:MHB), the current 3-Year ROIIC % is 110.21 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.
Is Mahube Infrastructure (JSE:MHB) Overvalued in 2026?
Based on GuruFocus' analysis, Mahube Infrastructure stock appears to be overvalued.
The current stock price of R4.19 is trading 9.7% above its estimated GF Value™ of R3.82.
GuruFocus considers Mahube Infrastructure to be Fairly Valued.
Key valuation signals for JSE:MHB:
3-Year ROIIC %: 110.21 (90% above median its 10-year median of 58.03)
GF Value™: R3.82 vs. price of R4.19 (9.7% above fair value)
Industry Position: 5580.9% above the Asset Management median (#60 of 657)
No single metric tells the full story. See the JSE:MHB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahube Infrastructure Ltd is an investment entity holding its investments in operational infrastructure assets. The company's business is to own infrastructure assets in the energy, transportation and water and sanitation sectors across Southern Africa.
64GF Score
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