Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Xerox HoldingsMEX:XRX 54 3-Year ROIIC % is 17.71 as of Dec. 2025, which is 288% above its 10-year median of 4.57. GuruFocus rates MEX:XRX with a GF Score™ of 54/100 and a GF Value™ of MXN131.77. The stock has 6 warning signs investors should review. Among 2,933 Industrial Products companies, Xerox Holdings ranks better than 71.74% 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.
Xerox Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 17.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Xerox Holdings's 3-Year ROIIC % or its related term are showing as below:
MEX:XRX's 3-Year ROIIC % is ranked better than 71.74% of 2933
companies
in the Industrial Products industry
Industry Median: 3.45
vs MEX:XRX: 17.71
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.
Xerox Holdings 3-Year ROIIC % Related Terms
Xerox Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Xerox 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.
MEX:XRX vs ACTG, ACCO, EBF: 3-Year ROIIC % Comparison
For the Business Equipment & Supplies subindustry, Xerox 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.
Xerox Holdings 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Xerox Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Xerox Holdings's 3-Year ROIIC % falls into.
* 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.
Xerox Holdings (MEX:XRX) has a 3-Year ROIIC % of 17.71 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 Xerox Holdings and its competitors. This is 288% above median its historical median of 4.57. According to the industry distribution chart, Xerox Holdings ranks #829 out of 2933 companies in the Industrial Products industry, placing it in the top 28.3%.
Is Xerox Holdings' 3-Year ROIIC % too high?
Xerox Holdings' current 3-Year ROIIC % of 17.71 is 288% above median its 10-year median of 4.57. The Industrial Products industry median 3-Year ROIIC % is 3.45. Xerox Holdings' value of 17.71 is 413.3% above this industry median. Based on the distribution chart, Xerox Holdings ranks #829 out of 2933 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Xerox Holdings has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Xerox Holdings' 3-Year ROIIC % compare to ACTG and ACCO?
According to the Industrial Products industry distribution chart, Xerox Holdings ranks #829 out of 2933 companies for 3-Year ROIIC %. This puts Xerox Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 3.45. Xerox Holdings' value of 17.71 is 413.3% above this benchmark. While the company's 10-year median is 4.57 vs. the industry median of 3.45, Xerox 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 Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.45, based on 2,933 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. Xerox Holdings's current 3-Year ROIIC % of 17.71 is 413.3% 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 Xerox Holdings and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xerox Holdings's current 3-Year ROIIC % is 17.71, which is 288% above median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xerox Holdings stock overvalued right now?
Xerox Holdings (MEX:XRX) has a current 3-Year ROIIC % of 17.71. The stock's GF Value™ is MXN131.77, compared to a current price of MXN34.50 — trading 73.8% below its estimated fair value. The current 3-Year ROIIC % is 17.71, which is 288% above median its 10-year median of 4.57 and 413.3% above the Industrial Products industry median of 3.45. Xerox Holdings' overall GF Score™ is 54/100 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 Xerox Holdings (MEX:XRX), the current 3-Year ROIIC % is 17.71 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 Xerox Holdings (MEX:XRX) Overvalued in 2026?
Based on GuruFocus' analysis, Xerox Holdings stock appears to be undervalued.
The current stock price of MXN34.50 is trading 73.8% below its estimated GF Value™ of MXN131.77.
Key valuation signals for MEX:XRX:
3-Year ROIIC %: 17.71 (288% above median its 10-year median of 4.57)
GF Value™: MXN131.77 vs. price of MXN34.50 (73.8% below fair value)
Industry Position: 413.3% above the Industrial Products median (#829 of 2933)
No single metric tells the full story. See the MEX:XRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xerox Holdings Corp is a workplace technology company, building and integrating services-led, software-enabled, workplace solutions for enterprises large and small. It provide advance document technology, services, software, and integrated IT infrastructure solutions for a range of customers including small and mid-sized businesses, large enterprises, governments and graphic communications providers, and for partners who serve them. Xerox serves customers globally in North America, Europe, Latin America, Brazil, Asia Pacific (APAC), the Middle East, Africa, and India.
54GF Score
Get the complete analysis for MEX:XRX
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:XRX has been successfully added to your 
