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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.
Heavy Engineering Industries and Shipbuilding Co KSC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 12.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
KUW:SHIP's 3-Year ROIIC % is ranked better than 63.7% of 1686
companies
in the Construction industry
Industry Median: 4.535
vs KUW:SHIP: 12.23
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) 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.
Heavy Engineering Industries and Shipbuilding Co KSC 3-Year ROIIC % Related Terms
Heavy Engineering Industries and Shipbuilding Co KSC 3-Year ROIIC % Historical Data
* 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.
Heavy Engineering Industries and Shipbuilding Co KSC 3-Year ROIIC % Chart
Heavy Engineering Industries and Shipbuilding Co KSC Annual Data
* 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.
Heavy Engineering Industries and Shipbuilding Co KSC 3-Year ROIIC % vs Construction Industry
* 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.
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) has a 3-Year ROIIC % of 12.23 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 Heavy Engineering Industries and Shipbuilding Co KSC and its competitors. This is 18% below median its historical median of 14.85. According to the industry distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #612 out of 1686 companies in the Construction industry, placing it in the top 36.3%.
Is Heavy Engineering Industries and Shipbuilding Co KSC's 3-Year ROIIC % too high?
Heavy Engineering Industries and Shipbuilding Co KSC's current 3-Year ROIIC % of 12.23 is 18% below median its 10-year median of 14.85. The Construction industry median 3-Year ROIIC % is 4.54. Heavy Engineering Industries and Shipbuilding Co KSC's value of 12.23 is 169.7% above this industry median. Based on the distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #612 out of 1686 companies in the Construction industry, which is above the industry midpoint. Overall, Heavy Engineering Industries and Shipbuilding Co KSC has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heavy Engineering Industries and Shipbuilding Co KSC's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #612 out of 1686 companies for 3-Year ROIIC %. This puts Heavy Engineering Industries and Shipbuilding Co KSC in the upper half of its industry. The industry median 3-Year ROIIC % is 4.54. Heavy Engineering Industries and Shipbuilding Co KSC's value of 12.23 is 169.7% above this benchmark. While the company's 10-year median is 14.85 vs. the industry median of 4.54, Heavy Engineering Industries and Shipbuilding Co KSC 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 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. Heavy Engineering Industries and Shipbuilding Co KSC's current 3-Year ROIIC % of 12.23 is 169.7% 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 Heavy Engineering Industries and Shipbuilding Co KSC 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. Heavy Engineering Industries and Shipbuilding Co KSC's current 3-Year ROIIC % is 12.23, which is 18% below median its own 10-year median of 14.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Engineering Industries and Shipbuilding Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) is currently considered Possible Value Trap. The stock's GF Value™ is KWD1.05, compared to a current price of KWD0.67 — trading 36.7% below its estimated fair value. The current 3-Year ROIIC % is 12.23, which is 18% below median its 10-year median of 14.85 and 169.7% above the Construction industry median of 4.54. Heavy Engineering Industries and Shipbuilding Co KSC's overall GF Score™ is 78/100 with 6 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP), the current 3-Year ROIIC % is 12.23 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Overvalued in 2026?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC stock appears to be undervalued.
The current stock price of KWD0.67 is trading 36.7% below its estimated GF Value™ of KWD1.05.
GuruFocus considers Heavy Engineering Industries and Shipbuilding Co KSC to be Possible Value Trap.
Key valuation signals for KUW:SHIP:
3-Year ROIIC %: 12.23 (18% below median its 10-year median of 14.85)
GF Value™: KWD1.05 vs. price of KWD0.67 (36.7% below fair value)
Industry Position: 169.7% above the Construction median (#612 of 1686)
No single metric tells the full story. See the KUW:SHIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heavy Engineering Industries and Shipbuilding Co KSC Business Description
Heavy Engineering Industries and Shipbuilding Co KSC is engaged in engineering, procurement, and construction (EPC) contracting, focusing on the shipping and maritime industry in Kuwait. The Company serves sectors including oil and gas, refineries, petrochemicals, power, water distillation and desalination, shipbuilding, ship repair, dredging, and maritime construction. Its activities include industrial and marine works, installation and maintenance services, trading of equipment and spare parts, and contracting and tendering with international companies. It also provides services such as shipyard operations, fabrication, testing and calibration, quality control, scaffolding, galvanizing, onshore and offshore operations, technical manpower supply, and design and engineering services.
78GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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