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KVH IndustriesKVHI 52 3-Year ROIIC % is 25.06 as of Dec. 2025, which is 1% below its 10-year median of 25.34. GuruFocus rates KVHI with a GF Score™ of 52/100 and a GF Value™ of $6.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 352 Telecommunication Services companies, KVH Industries ranks better than 81.25% 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.
KVH Industries's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 25.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for KVH Industries's 3-Year ROIIC % or its related term are showing as below:
KVHI's 3-Year ROIIC % is ranked better than 81.25% of 352
companies
in the Telecommunication Services industry
Industry Median: 1.435
vs KVHI: 25.06
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.
KVH Industries 3-Year ROIIC % Related Terms
KVH Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for KVH Industries'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.
KVHI vs KORE, CABO, CXDO: 3-Year ROIIC % Comparison
For the Telecom Services subindustry, KVH Industries'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.
KVH Industries 3-Year ROIIC % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, KVH Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where KVH Industries's 3-Year ROIIC % falls into.
KVH Industries'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**
=
( -10.9766246 (Dec. 2025) - -5.725 (Dec. 2022) )
/
( 72.59 (Dec. 2025) - 93.548 (Dec. 2022) )
=
-5.2516246
/
-20.958
=
25.06%***
* 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.
KVH Industries (KVHI) has a 3-Year ROIIC % of 25.06 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 KVH Industries and its competitors. This is near median its historical median of 25.34. According to the industry distribution chart, KVH Industries ranks #66 out of 352 companies in the Telecommunication Services industry, placing it in the top 18.7%.
Is KVH Industries' 3-Year ROIIC % too high?
KVH Industries' current 3-Year ROIIC % of 25.06 is near median its 10-year median of 25.34. The Telecommunication Services industry median 3-Year ROIIC % is 1.44. KVH Industries' value of 25.06 is 1646.3% above this industry median. Based on the distribution chart, KVH Industries ranks #66 out of 352 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, KVH Industries has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KVH Industries' 3-Year ROIIC % compare to KORE and CABO?
According to the Telecommunication Services industry distribution chart, KVH Industries ranks #66 out of 352 companies for 3-Year ROIIC %. This places KVH Industries in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.44. KVH Industries' value of 25.06 is 1646.3% above this benchmark. While the company's 10-year median is 25.34 vs. the industry median of 1.44, KVH Industries 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 Telecommunication Services company?
The median 3-Year ROIIC % among Telecommunication Services companies is 1.44, based on 352 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. KVH Industries's current 3-Year ROIIC % of 25.06 is 1646.3% 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 KVH Industries and its competitors. For the Telecommunication Services industry, the median 3-Year ROIIC % is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KVH Industries's current 3-Year ROIIC % is 25.06, which is near median its own 10-year median of 25.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KVH Industries stock overvalued right now?
Based on GuruFocus' analysis, KVH Industries (KVHI) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.07, compared to a current price of $7.90 — trading 30.1% above its estimated fair value. The current 3-Year ROIIC % is 25.06, which is near median its 10-year median of 25.34 and 1646.3% above the Telecommunication Services industry median of 1.44. KVH Industries' overall GF Score™ is 52/100 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 KVH Industries (KVHI), the current 3-Year ROIIC % is 25.06 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 KVH Industries (KVHI) Overvalued in 2026?
Based on GuruFocus' analysis, KVH Industries stock appears to be overvalued.
The current stock price of $7.90 is trading 30.1% above its estimated GF Value™ of $6.07.
GuruFocus considers KVH Industries to be Significantly Overvalued.
Key valuation signals for KVHI:
3-Year ROIIC %: 25.06 (near median its 10-year median of 25.34)
GF Value™: $6.07 vs. price of $7.90 (30.1% above fair value)
Industry Position: 1646.3% above the Telecommunication Services median (#66 of 352)
No single metric tells the full story. See the KVHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KVH Industries Inc provides integrated, end-to-end services, software, and hardware that support its customers' need for access to the Internet, VoIP, operations content, and entertainment services. It offers high-speed Internet and Voice over Internet Protocol (VoIP) services via satellite and integrated 5G/LTE cellular communications to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. It operates in several geographic areas, including internationally. Revenues are generated from international locations, mainly consisting of Singapore, Canada, South America, European Union and other European countries, and other regions.
52GF Score
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