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Angling DirectLSE:ANG 57 3-Year ROIIC % is 14.74 as of Jan. 2026. GuruFocus rates LSE:ANG with a GF Score™ of 57/100 and a GF Value™ of £0.53 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,062 Retail - Cyclical companies, Angling Direct ranks better than 67.33% 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.
Angling Direct's 3-Year ROIIC % for the quarter that ended in Jan. 2026 was 14.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Angling Direct's 3-Year ROIIC % or its related term are showing as below:
LSE:ANG's 3-Year ROIIC % is ranked better than 67.33% of 1062
companies
in the Retail - Cyclical industry
Industry Median: 3.995
vs LSE:ANG: 14.74
Angling Direct (LSE:ANG) 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.
Angling Direct 3-Year ROIIC % Related Terms
Angling Direct 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Angling Direct'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.
LSE:ANG vs CASY, WSM, ULTA: 3-Year ROIIC % Comparison
For the Specialty Retail subindustry, Angling Direct'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.
Angling Direct 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Angling Direct's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Angling Direct's 3-Year ROIIC % falls into.
Angling Direct's 3-Year ROIIC % for the quarter that ended in Jan. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 2.3012774 (Jan. 2026) - 0.6340859 (Jan. 2023) )
/
( 49.568 (Jan. 2026) - 38.256 (Jan. 2023) )
=
1.6671915
/
11.312
=
14.74%***
* 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.
Angling Direct (LSE:ANG) has a 3-Year ROIIC % of 14.74 as of Jan. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Angling Direct and its competitors. According to the industry distribution chart, Angling Direct ranks #347 out of 1062 companies in the Retail - Cyclical industry, placing it in the top 32.7%.
Is Angling Direct's 3-Year ROIIC % too high?
Angling Direct's current 3-Year ROIIC % is 14.74. The Retail - Cyclical industry median 3-Year ROIIC % is 4.00. Angling Direct's value of 14.74 is 269% above this industry median. Based on the distribution chart, Angling Direct ranks #347 out of 1062 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Angling Direct has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Angling Direct's 3-Year ROIIC % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Angling Direct ranks #347 out of 1062 companies for 3-Year ROIIC %. This puts Angling Direct in the upper half of its industry. The industry median 3-Year ROIIC % is 4.00. Angling Direct's value of 14.74 is 269% 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.00, based on 1,062 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. Angling Direct's current 3-Year ROIIC % of 14.74 is 269% 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 Angling Direct and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angling Direct's current 3-Year ROIIC % is 14.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angling Direct stock overvalued right now?
Based on GuruFocus' analysis, Angling Direct (LSE:ANG) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.53, compared to a current price of £0.47 — trading 11.3% below its estimated fair value. The current 3-Year ROIIC % is 14.74 and 269% above the Retail - Cyclical industry median of 4.00. Angling Direct's overall GF Score™ is 57/100 with 1 warning sign 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 Angling Direct (LSE:ANG), the current 3-Year ROIIC % is 14.74 as of Jan. 2026. 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 Angling Direct (LSE:ANG) Overvalued in 2026?
Based on GuruFocus' analysis, Angling Direct stock appears to be undervalued.
The current stock price of £0.47 is trading 11.3% below its estimated GF Value™ of £0.53.
GuruFocus considers Angling Direct to be Modestly Undervalued.
Key valuation signals for LSE:ANG:
3-Year ROIIC %: 14.74
GF Value™: £0.53 vs. price of £0.47 (11.3% below fair value)
Industry Position: 269% above the Retail - Cyclical median (#347 of 1062)
No single metric tells the full story. See the LSE:ANG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Angling Direct PLC principal activity of the Group is the sale of fishing tackle through its websites and stores. The Group's business model is designed to generate growth by providing excellent customer service, advice and ensuring product lines include a market range. Customers range from the casual hobbyist through to very committed anglers. The Group has two operating segments: UK and Europe. The company generates majority of revenue from UK.
57GF 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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