NIB HoldingsNIBHF 90 3-Year ROIIC % is 16.67 as of Jun. 2025, which is 54% above its 10-year median of 10.81. GuruFocus rates NIBHF with a GF Score™ of 90/100. The stock has 8 warning signs investors should review. Among 335 Insurance companies, NIB Holdings ranks better than 75.52% 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.
NIB Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 16.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NIB Holdings's 3-Year ROIIC % or its related term are showing as below:
NIBHF's 3-Year ROIIC % is ranked better than 75.52% of 335
companies
in the Insurance industry
Industry Median: 5.2
vs NIBHF: 16.67
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.
NIB Holdings 3-Year ROIIC % Related Terms
NIB Holdings 3-Year ROIIC % Historical Data
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The historical data trend for NIB 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, NIB 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.
NIB Holdings 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, NIB Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NIB 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.
NIB Holdings (NIBHF) has a 3-Year ROIIC % of 16.67 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on NIB Holdings and its competitors. This is 54% above median its historical median of 10.81. According to the industry distribution chart, NIB Holdings ranks #82 out of 335 companies in the Insurance industry, placing it in the top 24.5%.
Is NIB Holdings' 3-Year ROIIC % too high?
NIB Holdings' current 3-Year ROIIC % of 16.67 is 54% above median its 10-year median of 10.81. The Insurance industry median 3-Year ROIIC % is 5.20. NIB Holdings' value of 16.67 is 220.6% above this industry median. Based on the distribution chart, NIB Holdings ranks #82 out of 335 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, NIB Holdings has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does NIB Holdings' 3-Year ROIIC % compare to FNF and AXS?
According to the Insurance industry distribution chart, NIB Holdings ranks #82 out of 335 companies for 3-Year ROIIC %. This places NIB Holdings in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.20. NIB Holdings' value of 16.67 is 220.6% above this benchmark. While the company's 10-year median is 10.81 vs. the industry median of 5.20, NIB 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 5.20, based on 335 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. NIB Holdings's current 3-Year ROIIC % of 16.67 is 220.6% 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 NIB Holdings and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIB Holdings's current 3-Year ROIIC % is 16.67, which is 54% above median its own 10-year median of 10.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIB Holdings stock overvalued right now?
NIB Holdings (NIBHF) has a current 3-Year ROIIC % of 16.67. The current 3-Year ROIIC % is 16.67, which is 54% above median its 10-year median of 10.81 and 220.6% above the Insurance industry median of 5.20. NIB Holdings' overall GF Score™ is 90/100 with 8 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 NIB Holdings (NIBHF), the current 3-Year ROIIC % is 16.67 as of Jun. 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.
NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.
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