RH Bophelo (JSE:RHB) 3-Year ROIIC % : 18.92% (As of Feb. 2026) — 870% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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JSE:RHB RH Bophelo Ltd JSE:RHB
73 GF Score
Price R1.31
GF Value R6.22
Valuation Possible Value Trap
! 4 Warning Signs
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What is RH Bophelo 3-Year ROIIC %?

RH Bophelo JSE:RHB 73 3-Year ROIIC % is 18.92 as of Feb. 2026, which is 870% above its 10-year median of 1.95. GuruFocus rates JSE:RHB with a GF Score™ of 73/100 and a GF Value™ of R6.22 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 656 Asset Management companies, RH Bophelo ranks better than 69.66% 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. RH Bophelo's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 18.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JSE:RHB's 3-Year ROIIC % is ranked better than
69.66% of 656 companies
in the Asset Management industry
Industry Median: 1.915 vs JSE:RHB: 18.92

RH Bophelo  (JSE:RHB) 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.


RH Bophelo 3-Year ROIIC % Related Terms


RH Bophelo 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for RH Bophelo'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.

RH Bophelo 3-Year ROIIC % Chart

RH Bophelo Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 1.95 4.82 -3.60 18.92

RH Bophelo Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 4.82 0.00 -3.60 0.00 18.92

JSE:RHB vs BLK, BX, KKR: 3-Year ROIIC % Comparison

For the Asset Management subindustry, RH Bophelo'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.


RH Bophelo 3-Year ROIIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RH Bophelo's 3-Year ROIIC % distribution charts can be found below:

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


JSE:RHB
73GF Score
RH Bophelo Ltd JSE:RHB
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RH Bophelo 3-Year ROIIC % Calculation

RH Bophelo'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**
=( 63.12 (Feb. 2026) - 13.1660493 (Feb. 2023) )/( 1233.472 (Feb. 2026) - 969.401 (Feb. 2023) )
=49.9539507/264.071
=18.92%***

* 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 18.92 mean?
RH Bophelo (JSE:RHB) has a 3-Year ROIIC % of 18.92 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 RH Bophelo and its competitors. This is 870% above median its historical median of 1.95. According to the industry distribution chart, RH Bophelo ranks #199 out of 656 companies in the Asset Management industry, placing it in the top 30.3%.
Is RH Bophelo's 3-Year ROIIC % too high?
RH Bophelo's current 3-Year ROIIC % of 18.92 is 870% above median its 10-year median of 1.95. The Asset Management industry median 3-Year ROIIC % is 1.92. RH Bophelo's value of 18.92 is 888% above this industry median. Based on the distribution chart, RH Bophelo ranks #199 out of 656 companies in the Asset Management industry, which is above the industry midpoint. Overall, RH Bophelo has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RH Bophelo's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, RH Bophelo ranks #199 out of 656 companies for 3-Year ROIIC %. This puts RH Bophelo in the upper half of its industry. The industry median 3-Year ROIIC % is 1.92. RH Bophelo's value of 18.92 is 888% above this benchmark. While the company's 10-year median is 1.95 vs. the industry median of 1.92, RH Bophelo 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 1.92, based on 656 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. RH Bophelo's current 3-Year ROIIC % of 18.92 is 888% 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 RH Bophelo and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RH Bophelo's current 3-Year ROIIC % is 18.92, which is 870% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RH Bophelo stock overvalued right now?
Based on GuruFocus' analysis, RH Bophelo (JSE:RHB) is currently considered Possible Value Trap. The stock's GF Value™ is R6.22, compared to a current price of R1.31 — trading 78.9% below its estimated fair value. The current 3-Year ROIIC % is 18.92, which is 870% above median its 10-year median of 1.95 and 888% above the Asset Management industry median of 1.92. RH Bophelo's overall GF Score™ is 73/100 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 RH Bophelo (JSE:RHB), the current 3-Year ROIIC % is 18.92 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 RH Bophelo (JSE:RHB) Overvalued in 2026?

Based on GuruFocus' analysis, RH Bophelo stock appears to be undervalued. The current stock price of R1.31 is trading 78.9% below its estimated GF Value™ of R6.22. GuruFocus considers RH Bophelo to be Possible Value Trap.

Key valuation signals for JSE:RHB:

  • 3-Year ROIIC %: 18.92 (870% above median its 10-year median of 1.95)
  • GF Value™: R6.22 vs. price of R1.31 (78.9% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 888% above the Asset Management median (#199 of 656)

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


RH Bophelo Business Description

Address 1, Melrose Boulevard, Unit 12, 1st Floor, Melrose Arch, Johannesburg, GT, ZAF, 2191
RH Bophelo Ltd is a healthcare investment company. Its main business involves the acquisition of healthcare assets in commercial entities or special situations across the South African market. It is engaged in making equity, quasi-equity, and equity-related investments in healthcare and financial sectors, specifically in operational infrastructure, health insurance, private hospital infrastructure, pharmaceuticals, retail and distribution, and healthcare technology. The company's operating segments are the Healthcare segment and the Financial Services segment. The majority of its revenue is generated from the Healthcare segment, which focuses on making investments in healthcare infrastructure, healthcare technology, and property companies.
73GF Score

Get the complete analysis for JSE:RHB

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

R1.31
Price
R6.22
GF Value