Lancashire HoldingsLCSHF 77 3-Year ROIIC % is 31.58 as of Dec. 2025, which is 587% above its 10-year median of 4.60. GuruFocus rates LCSHF with a GF Score™ of 77/100 and a GF Value™ of $10.89 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 332 Insurance companies, Lancashire Holdings ranks better than 84.94% 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.
Lancashire Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 31.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Lancashire Holdings's 3-Year ROIIC % or its related term are showing as below:
LCSHF's 3-Year ROIIC % is ranked better than 84.94% of 332
companies
in the Insurance industry
Industry Median: 5.275
vs LCSHF: 31.58
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.
Lancashire Holdings 3-Year ROIIC % Related Terms
Lancashire Holdings 3-Year ROIIC % Historical Data
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The historical data trend for Lancashire Holdings'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.
For the Insurance - Specialty subindustry, Lancashire Holdings'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.
Lancashire Holdings 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Lancashire Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Lancashire Holdings's 3-Year ROIIC % falls into.
Lancashire Holdings'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**
=
( 319.57983 (Dec. 2025) - 8.3328 (Dec. 2022) )
/
( 4246.97 (Dec. 2025) - 2969.695 (Dec. 2022) )
=
311.24703
/
1277.275
=
24.37%***
* 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.
Lancashire Holdings (LCSHF) has a 3-Year ROIIC % of 31.58 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 Lancashire Holdings and its competitors. This is 587% above median its historical median of 4.60. According to the industry distribution chart, Lancashire Holdings ranks #50 out of 332 companies in the Insurance industry, placing it in the top 15.1%.
Is Lancashire Holdings' 3-Year ROIIC % too high?
Lancashire Holdings' current 3-Year ROIIC % of 31.58 is 587% above median its 10-year median of 4.60. The Insurance industry median 3-Year ROIIC % is 5.28. Lancashire Holdings' value of 31.58 is 498.7% above this industry median. Based on the distribution chart, Lancashire Holdings ranks #50 out of 332 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Lancashire Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lancashire Holdings' 3-Year ROIIC % compare to FNF and AXS?
According to the Insurance industry distribution chart, Lancashire Holdings ranks #50 out of 332 companies for 3-Year ROIIC %. This places Lancashire Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.28. Lancashire Holdings' value of 31.58 is 498.7% above this benchmark. While the company's 10-year median is 4.60 vs. the industry median of 5.28, Lancashire Holdings 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 Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.28, based on 332 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. Lancashire Holdings's current 3-Year ROIIC % of 31.58 is 498.7% 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 Lancashire Holdings and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lancashire Holdings's current 3-Year ROIIC % is 31.58, which is 587% above median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lancashire Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lancashire Holdings (LCSHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.89, compared to a current price of $8.40 — trading 22.9% below its estimated fair value. The current 3-Year ROIIC % is 31.58, which is 587% above median its 10-year median of 4.60 and 498.7% above the Insurance industry median of 5.28. Lancashire Holdings' overall GF Score™ is 77/100 with 7 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 Lancashire Holdings (LCSHF), the current 3-Year ROIIC % is 31.58 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 Lancashire Holdings (LCSHF) Overvalued in 2026?
Based on GuruFocus' analysis, Lancashire Holdings stock appears to be undervalued.
The current stock price of $8.40 is trading 22.9% below its estimated GF Value™ of $10.89.
GuruFocus considers Lancashire Holdings to be Modestly Undervalued.
Key valuation signals for LCSHF:
3-Year ROIIC %: 31.58 (587% above median its 10-year median of 4.60)
GF Value™: $10.89 vs. price of $8.40 (22.9% below fair value)
Industry Position: 498.7% above the Insurance median (#50 of 332)
No single metric tells the full story. See the LCSHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lancashire Holdings Ltd is a provider of specialty reinsurance products with operations in London, Bermuda, the United States, and Australia. The company has two principal segments: reinsurance and insurance. The company generates the majority of its revenue from the Insurance segment. The Group's reinsurance segment comprises property reinsurance, specialty reinsurance, and casualty reinsurance. The insurance segment is usually written on a direct or facultative basis and comprises aviation insurance, casualty insurance, energy and marine insurance, property insurance, and specialty insurance. Geographically, the company generates the majority of its revenue from the United States and Canada.
77GF Score
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