Combined Group Contracting K C (KUW:CGC) 3-Year ROIIC % : 3.72% (As of Dec. 2025) — Near Median

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KUW:CGC Combined Group Contracting SA K C KUW:CGC
75 GF Score
Price KWD0.90
GF Value KWD1.08
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Combined Group Contracting K C 3-Year ROIIC %?

Combined Group Contracting K C KUW:CGC -1.64% 75 3-Year ROIIC % is 3.72 as of Dec. 2025, which is 3% above its 10-year median of 3.60. GuruFocus rates KUW:CGC with a GF Score™ of 75/100 and a GF Value™ of KWD1.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,686 Construction companies, Combined Group Contracting K C ranks worse than 51.96% 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. Combined Group Contracting K C's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

KUW:CGC's 3-Year ROIIC % is ranked worse than
51.96% of 1686 companies
in the Construction industry
Industry Median: 4.535 vs KUW:CGC: 3.72

Combined Group Contracting K C  (KUW:CGC) 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.


Combined Group Contracting K C 3-Year ROIIC % Related Terms


Combined Group Contracting K C 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Combined Group Contracting K C'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.

Combined Group Contracting K C 3-Year ROIIC % Chart

Combined Group Contracting K C Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 -30.45 203.82 11.51 3.72

Combined Group Contracting K C Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 0.00 3.72 0.00

KUW:CGC vs PWR, FIX, EME: 3-Year ROIIC % Comparison

For the Engineering & Construction subindustry, Combined Group Contracting K C'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.


Combined Group Contracting K C 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Combined Group Contracting K C's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Combined Group Contracting K C's 3-Year ROIIC % falls into.


KUW:CGC
75GF Score
Combined Group Contracting SA K C KUW:CGC
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Combined Group Contracting K C 3-Year ROIIC % Calculation

Combined Group Contracting K C's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 15.0642261 (Dec. 2025) - 12.3633 (Dec. 2022) )/( 174.095 (Dec. 2025) - 101.549 (Dec. 2022) )
=2.7009261/72.546
=3.72%***

* 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 3.72 mean?
Combined Group Contracting K C (KUW:CGC) has a 3-Year ROIIC % of 3.72 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Combined Group Contracting K C and its competitors. This is near median its historical median of 3.60. According to the industry distribution chart, Combined Group Contracting K C ranks #876 out of 1686 companies in the Construction industry, placing it in the top 52%.
Is Combined Group Contracting K C's 3-Year ROIIC % too high?
Combined Group Contracting K C's current 3-Year ROIIC % of 3.72 is near median its 10-year median of 3.60. The Construction industry median 3-Year ROIIC % is 4.54. Combined Group Contracting K C's value of 3.72 is 18% below this industry median. Based on the distribution chart, Combined Group Contracting K C ranks #876 out of 1686 companies in the Construction industry, which is below the industry midpoint. Overall, Combined Group Contracting K C has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Combined Group Contracting K C's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Combined Group Contracting K C ranks #876 out of 1686 companies for 3-Year ROIIC %. This places Combined Group Contracting K C in the lower half of its industry. The industry median 3-Year ROIIC % is 4.54. Combined Group Contracting K C's value of 3.72 is 18% below this benchmark. While the company's 10-year median is 3.60 vs. the industry median of 4.54, Combined Group Contracting K C 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.54, based on 1,686 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. Combined Group Contracting K C's current 3-Year ROIIC % of 3.72 is 18% 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 Combined Group Contracting K C and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Combined Group Contracting K C's current 3-Year ROIIC % is 3.72, which is near median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Group Contracting K C stock overvalued right now?
Based on GuruFocus' analysis, Combined Group Contracting K C (KUW:CGC) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD1.08, compared to a current price of KWD0.90 — trading 16.6% below its estimated fair value. The current 3-Year ROIIC % is 3.72, which is near median its 10-year median of 3.60 and 18% below the Construction industry median of 4.54. Combined Group Contracting K C's overall GF Score™ is 75/100 with 3 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 Combined Group Contracting K C (KUW:CGC), the current 3-Year ROIIC % is 3.72 as of Dec. 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.

Is Combined Group Contracting K C (KUW:CGC) Overvalued in 2026?

Based on GuruFocus' analysis, Combined Group Contracting K C stock appears to be undervalued. The current stock price of KWD0.90 is trading 16.6% below its estimated GF Value™ of KWD1.08. GuruFocus considers Combined Group Contracting K C to be Modestly Undervalued.

Key valuation signals for KUW:CGC:

  • 3-Year ROIIC %: 3.72 (near median its 10-year median of 3.60)
  • GF Value™: KWD1.08 vs. price of KWD0.90 (16.6% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 18% below the Construction median (#876 of 1686)

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


Combined Group Contracting K C Business Description

Address Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049
Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction of residential, commercial, and governmental buildings, roads, and infrastructure, and oil and gas-related development projects. Its service centers are Ready Mix plant, Asphalt Factories, Heavy Equipment, and Service Centers. The Group is divided into functional divisions to manage its various lines of business. The Group operates mainly in the State of Kuwait and other Gulf countries. The Group's segments are: the State of Kuwait segment and the Gulf Countries segment. It generates the majority of its revenue from the State of Kuwait segment.
75GF Score

Get the complete analysis for KUW:CGC

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

KWD0.90
Price
KWD1.08
GF Value