Caleffi SpAMIL:CLF -2.24%33 3-Year ROIIC % is 24.08 as of Dec. 2025, which is 22% above its 10-year median of 19.79. GuruFocus rates MIL:CLF with a GF Score™ of 33/100 and a GF Value™ of €0.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Caleffi SpA ranks better than 77.79% 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.
Caleffi SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 24.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Caleffi SpA's 3-Year ROIIC % or its related term are showing as below:
MIL:CLF's 3-Year ROIIC % is ranked better than 77.79% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.38
vs MIL:CLF: 24.08
Caleffi SpA (MIL:CLF) 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.
Caleffi SpA 3-Year ROIIC % Related Terms
Caleffi SpA 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Caleffi SpA'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 Textile Manufacturing subindustry, Caleffi SpA'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.
Caleffi SpA 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Caleffi SpA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Caleffi SpA's 3-Year ROIIC % falls into.
Caleffi SpA'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**
=
( 2.3470056 (Dec. 2025) - 1.7685045 (Dec. 2022) )
/
( 41.013 (Dec. 2025) - 38.611 (Dec. 2022) )
=
0.5785011
/
2.402
=
24.08%***
* 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.
Caleffi SpA (MIL:CLF) has a 3-Year ROIIC % of 24.08 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 Caleffi SpA and its competitors. This is 22% above median its historical median of 19.79. According to the industry distribution chart, Caleffi SpA ranks #225 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.2%.
Is Caleffi SpA's 3-Year ROIIC % too high?
Caleffi SpA's current 3-Year ROIIC % of 24.08 is 22% above median its 10-year median of 19.79. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.38. Caleffi SpA's value of 24.08 is 1644.9% above this industry median. Based on the distribution chart, Caleffi SpA ranks #225 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Caleffi SpA has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caleffi SpA's 3-Year ROIIC % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Caleffi SpA ranks #225 out of 1013 companies for 3-Year ROIIC %. This places Caleffi SpA in the top 22% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.38. Caleffi SpA's value of 24.08 is 1644.9% above this benchmark. While the company's 10-year median is 19.79 vs. the industry median of 1.38, Caleffi SpA 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.38, based on 1,013 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. Caleffi SpA's current 3-Year ROIIC % of 24.08 is 1644.9% 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 Caleffi SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caleffi SpA's current 3-Year ROIIC % is 24.08, which is 22% above median its own 10-year median of 19.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caleffi SpA stock overvalued right now?
Based on GuruFocus' analysis, Caleffi SpA (MIL:CLF) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.90, compared to a current price of €0.79 — trading 12.7% below its estimated fair value. The current 3-Year ROIIC % is 24.08, which is 22% above median its 10-year median of 19.79 and 1644.9% above the Manufacturing - Apparel & Accessories industry median of 1.38. Caleffi SpA's overall GF Score™ is 33/100 with 3 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 Caleffi SpA (MIL:CLF), the current 3-Year ROIIC % is 24.08 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 Caleffi SpA (MIL:CLF) Overvalued in 2026?
Based on GuruFocus' analysis, Caleffi SpA stock appears to be undervalued.
The current stock price of €0.79 is trading 12.7% below its estimated GF Value™ of €0.90.
GuruFocus considers Caleffi SpA to be Modestly Undervalued.
Key valuation signals for MIL:CLF:
3-Year ROIIC %: 24.08 (22% above median its 10-year median of 19.79)
GF Value™: €0.90 vs. price of €0.79 (12.7% below fair value)
Industry Position: 1644.9% above the Manufacturing - Apparel & Accessories median (#225 of 1013)
No single metric tells the full story. See the MIL:CLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caleffi SpA is engaged in the design, manufacturing, and marketing of luxury household linen including duvet covers, sheets, throws, towels, bathrobes, etc. The company's products are sold under its brands such as Caleffi Colors, Living, Campus, Yachting, Cambio, Spugnissima, etc., and through licensed brands such as Disney, Barbie, and Mariella Burani. It caters to both Italian and international markets through its distribution network, both in the retail business and in the wholesale. The company's product offering spans across two categories; Bed which includes the bed cover, lat linen, and accessories; and Other which includes the bathroom, furniture, nightwear, homewear, table, and kitchen textiles. Geographically, it derives key revenue from its business in Italy.
33GF Score
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