Car & General (K) (NAI:CGEN) 3-Year ROIIC % : 24.42% (As of Dec. 2025) — 426% Above Median

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NAI:CGEN Car & General (K) Ltd NAI:CGEN
52 GF Score
Price KES156.50
GF Value KES35.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Car & General (K) 3-Year ROIIC %?

Car & General (K) NAI:CGEN -0.32% 52 3-Year ROIIC % is 24.42 as of Dec. 2025, which is 426% above its 10-year median of 4.64. GuruFocus rates NAI:CGEN with a GF Score™ of 52/100 and a GF Value™ of KES35.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,932 Industrial Products companies, Car & General (K) ranks better than 77.15% 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. Car & General (K)'s 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 24.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Car & General (K)'s 3-Year ROIIC % or its related term are showing as below:

NAI:CGEN's 3-Year ROIIC % is ranked better than
77.15% of 2932 companies
in the Industrial Products industry
Industry Median: 3.46 vs NAI:CGEN: 24.42

Car & General (K)  (NAI:CGEN) 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.


Car & General (K) 3-Year ROIIC % Related Terms


Car & General (K) 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Car & General (K)'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.

Car & General (K) 3-Year ROIIC % Chart

Car & General (K) Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.43 18.19 10.36 -14.76 24.42

Car & General (K) Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Sep22 Jun24 Dec24 Dec25
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.19 10.36 0.00 -14.76 24.42

NAI:CGEN vs GEV, ETN, PH: 3-Year ROIIC % Comparison

For the Specialty Industrial Machinery subindustry, Car & General (K)'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.


Car & General (K) 3-Year ROIIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Car & General (K)'s 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Car & General (K)'s 3-Year ROIIC % falls into.


NAI:CGEN
52GF Score
Car & General (K) Ltd NAI:CGEN
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Car & General (K) 3-Year ROIIC % Calculation

Car & General (K)'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**
=( 1286.8038435 (Dec. 2025) - 720.453749 (Sep. 2022) )/( 17044.521 (Dec. 2025) - 14725.019 (Sep. 2022) )
=566.3500945/2319.502
=24.42%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 24.42 mean?
Car & General (K) (NAI:CGEN) has a 3-Year ROIIC % of 24.42 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 Car & General (K) and its competitors. This is 426% above median its historical median of 4.64. According to the industry distribution chart, Car & General (K) ranks #670 out of 2932 companies in the Industrial Products industry, placing it in the top 22.9%.
Is Car & General (K)'s 3-Year ROIIC % too high?
Car & General (K)'s current 3-Year ROIIC % of 24.42 is 426% above median its 10-year median of 4.64. The Industrial Products industry median 3-Year ROIIC % is 3.46. Car & General (K)'s value of 24.42 is 605.8% above this industry median. Based on the distribution chart, Car & General (K) ranks #670 out of 2932 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Car & General (K) has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Car & General (K)'s 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Car & General (K) ranks #670 out of 2932 companies for 3-Year ROIIC %. This places Car & General (K) in the top 23% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.46. Car & General (K)'s value of 24.42 is 605.8% above this benchmark. While the company's 10-year median is 4.64 vs. the industry median of 3.46, Car & General (K) 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 3.46, based on 2,932 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. Car & General (K)'s current 3-Year ROIIC % of 24.42 is 605.8% 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 Car & General (K) and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Car & General (K)'s current 3-Year ROIIC % is 24.42, which is 426% above median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Car & General (K) stock overvalued right now?
Based on GuruFocus' analysis, Car & General (K) (NAI:CGEN) is currently considered Significantly Overvalued. The stock's GF Value™ is KES35.38, compared to a current price of KES156.50 — trading 342.3% above its estimated fair value. The current 3-Year ROIIC % is 24.42, which is 426% above median its 10-year median of 4.64 and 605.8% above the Industrial Products industry median of 3.46. Car & General (K)'s overall GF Score™ is 52/100 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 Car & General (K) (NAI:CGEN), the current 3-Year ROIIC % is 24.42 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 Car & General (K) (NAI:CGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Car & General (K) stock appears to be overvalued. The current stock price of KES156.50 is trading 342.3% above its estimated GF Value™ of KES35.38. GuruFocus considers Car & General (K) to be Significantly Overvalued.

Key valuation signals for NAI:CGEN:

  • 3-Year ROIIC %: 24.42 (426% above median its 10-year median of 4.64)
  • GF Value™: KES35.38 vs. price of KES156.50 (342.3% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 605.8% above the Industrial Products median (#670 of 2932)

No single metric tells the full story. See the NAI:CGEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Car & General (K) Business Description

Address New Cargen House, Lusaka Road, P.O. Box 20001, Nairobi, KEN, 00200
Car & General (K) Ltd is a supplier of generators, motorbikes, tuk-tuks, laundry equipment, lawnmowers, scooters, marine engines, construction equipment and power generation, automotive and engineering products. The company's reportable segments include Trade and workshop, Investment properties, Poultry and ICT Training, and Manufacturing. The company generates its revenue from rental income and management fees and deals in the supply of generators, motorbikes, tuktuks, laundry equipment, lawn mowers, scooters, marine engines, construction equipment, and a wide range of power generators, automotive, and engineering products.
52GF Score

Get the complete analysis for NAI:CGEN

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KES156.50
Price
KES35.38
GF Value