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NumeralJSE:XII 10 3-Year ROIIC % is 23.08 as of Feb. 2025. GuruFocus rates JSE:XII with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 946 Drug Manufacturers companies, Numeral ranks better than 73.26% 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.
Numeral's 3-Year ROIIC % for the quarter that ended in Feb. 2025 was 23.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Numeral's 3-Year ROIIC % or its related term are showing as below:
JSE:XII's 3-Year ROIIC % is ranked better than 73.26% of 946
companies
in the Drug Manufacturers industry
Industry Median: 3.635
vs JSE:XII: 23.08
Numeral (JSE:XII) 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.
Numeral 3-Year ROIIC % Related Terms
Numeral 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Numeral'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:XII vs ZTS, UTHR, VTRS: 3-Year ROIIC % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Numeral'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.
Numeral 3-Year ROIIC % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Numeral's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Numeral's 3-Year ROIIC % falls into.
Numeral's 3-Year ROIIC % for the quarter that ended in Feb. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 6.3487438 (Feb. 2025) - -0.959 (Feb. 2022) )
/
( 37.178 (Feb. 2025) - 3.805 (Feb. 2022) )
=
7.3077438
/
33.373
=
21.90%***
* 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.
Numeral (JSE:XII) has a 3-Year ROIIC % of 23.08 as of Feb. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Numeral and its competitors. According to the industry distribution chart, Numeral ranks #253 out of 946 companies in the Drug Manufacturers industry, placing it in the top 26.7%.
Is Numeral's 3-Year ROIIC % too high?
Numeral's current 3-Year ROIIC % is 23.08. The Drug Manufacturers industry median 3-Year ROIIC % is 3.64. Numeral's value of 23.08 is 534.9% above this industry median. Based on the distribution chart, Numeral ranks #253 out of 946 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Numeral has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Numeral's 3-Year ROIIC % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Numeral ranks #253 out of 946 companies for 3-Year ROIIC %. This puts Numeral in the upper half of its industry. The industry median 3-Year ROIIC % is 3.64. Numeral's value of 23.08 is 534.9% above this benchmark. 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 Drug Manufacturers company?
The median 3-Year ROIIC % among Drug Manufacturers companies is 3.64, based on 946 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. Numeral's current 3-Year ROIIC % of 23.08 is 534.9% 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 Numeral and its competitors. For the Drug Manufacturers industry, the median 3-Year ROIIC % is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Numeral's current 3-Year ROIIC % is 23.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Numeral stock overvalued right now?
Numeral (JSE:XII) has a current 3-Year ROIIC % of 23.08. The current 3-Year ROIIC % is 23.08 and 534.9% above the Drug Manufacturers industry median of 3.64. Numeral's overall GF Score™ is 10/100 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 Numeral (JSE:XII), the current 3-Year ROIIC % is 23.08 as of Feb. 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.
Numeral Ltd is an investment holding company based in Mauritius with a focus on fintech, biotechnology, and asset management. Geographically it has a presence in countries across Africa, Europe and Asia. The majority of its revenue is generated in the form of Trading income.
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