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NictusJSE:NCS 46 3-Year ROIIC % is 0.32 as of Mar. 2026, which is 14% above its 10-year median of 0.28. GuruFocus rates JSE:NCS with a GF Score™ of 46/100 and a GF Value™ of R1.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,062 Retail - Cyclical companies, Nictus ranks worse than 57.44% 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.
Nictus's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 0.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nictus's 3-Year ROIIC % or its related term are showing as below:
JSE:NCS's 3-Year ROIIC % is ranked worse than 57.44% of 1062
companies
in the Retail - Cyclical industry
Industry Median: 4.015
vs JSE:NCS: 0.32
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.
Nictus 3-Year ROIIC % Related Terms
Nictus 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nictus'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:NCS vs CASY, WSM, ULTA: 3-Year ROIIC % Comparison
For the Specialty Retail subindustry, Nictus'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.
Nictus 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nictus'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.
Nictus (JSE:NCS) has a 3-Year ROIIC % of 0.32 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 Nictus and its competitors. This is 14% above median its historical median of 0.28. According to the industry distribution chart, Nictus ranks #610 out of 1062 companies in the Retail - Cyclical industry, placing it in the top 57.4%.
Is Nictus' 3-Year ROIIC % too high?
Nictus' current 3-Year ROIIC % of 0.32 is 14% above median its 10-year median of 0.28. The Retail - Cyclical industry median 3-Year ROIIC % is 4.02. Nictus' value of 0.32 is 92% below this industry median. Based on the distribution chart, Nictus ranks #610 out of 1062 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Nictus has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' 3-Year ROIIC % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nictus ranks #610 out of 1062 companies for 3-Year ROIIC %. This places Nictus in the lower half of its industry. The industry median 3-Year ROIIC % is 4.02. Nictus' value of 0.32 is 92% below this benchmark. While the company's 10-year median is 0.28 vs. the industry median of 4.02, Nictus has consistently been below 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 4.02, 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. Nictus's current 3-Year ROIIC % of 0.32 is 92% below 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 Nictus and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus's current 3-Year ROIIC % is 0.32, which is 14% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.18, compared to a current price of R2.90 — trading 145.8% above its estimated fair value. The current 3-Year ROIIC % is 0.32, which is 14% above median its 10-year median of 0.28 and 92% below the Retail - Cyclical industry median of 4.02. Nictus' overall GF Score™ is 46/100 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 Nictus (JSE:NCS), the current 3-Year ROIIC % is 0.32 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 Nictus (JSE:NCS) Overvalued in 2026?
Based on GuruFocus' analysis, Nictus stock appears to be overvalued.
The current stock price of R2.90 is trading 145.8% above its estimated GF Value™ of R1.18.
GuruFocus considers Nictus to be Significantly Overvalued.
Key valuation signals for JSE:NCS:
3-Year ROIIC %: 0.32 (14% above median its 10-year median of 0.28)
GF Value™: R1.18 vs. price of R2.90 (145.8% above fair value)
Industry Position: 92% below the Retail - Cyclical median (#610 of 1062)
No single metric tells the full story. See the JSE:NCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
46GF Score
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