Spirax GroupSPXSF 88 3-Year ROIIC % is 31.50 as of Dec. 2025, which is 251% above its 10-year median of 8.97. GuruFocus rates SPXSF with a GF Score™ of 88/100 and a GF Value™ of $111.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,936 Industrial Products companies, Spirax Group ranks better than 81.3% 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.
Spirax Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 31.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Spirax Group's 3-Year ROIIC % or its related term are showing as below:
SPXSF's 3-Year ROIIC % is ranked better than 81.3% of 2936
companies
in the Industrial Products industry
Industry Median: 3.425
vs SPXSF: 31.50
Spirax Group (OTCPK:SPXSF) 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.
Spirax Group 3-Year ROIIC % Related Terms
Spirax Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Spirax Group'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 Specialty Industrial Machinery subindustry, Spirax Group'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.
Spirax Group 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spirax Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Spirax Group'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.
Spirax Group (SPXSF) has a 3-Year ROIIC % of 31.50 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 Spirax Group and its competitors. This is 251% above median its historical median of 8.97. According to the industry distribution chart, Spirax Group ranks #549 out of 2936 companies in the Industrial Products industry, placing it in the top 18.7%.
Is Spirax Group's 3-Year ROIIC % too high?
Spirax Group's current 3-Year ROIIC % of 31.50 is 251% above median its 10-year median of 8.97. The Industrial Products industry median 3-Year ROIIC % is 3.43. Spirax Group's value of 31.50 is 819.7% above this industry median. Based on the distribution chart, Spirax Group ranks #549 out of 2936 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Spirax Group has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spirax Group's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Spirax Group ranks #549 out of 2936 companies for 3-Year ROIIC %. This places Spirax Group in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.43. Spirax Group's value of 31.50 is 819.7% above this benchmark. While the company's 10-year median is 8.97 vs. the industry median of 3.43, Spirax Group 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 3.43, based on 2,936 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. Spirax Group's current 3-Year ROIIC % of 31.50 is 819.7% 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 Spirax Group and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirax Group's current 3-Year ROIIC % is 31.50, which is 251% above median its own 10-year median of 8.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirax Group stock overvalued right now?
Based on GuruFocus' analysis, Spirax Group (SPXSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $111.46, compared to a current price of $89.08 — trading 20.1% below its estimated fair value. The current 3-Year ROIIC % is 31.50, which is 251% above median its 10-year median of 8.97 and 819.7% above the Industrial Products industry median of 3.43. Spirax Group's overall GF Score™ is 88/100 with 4 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 Spirax Group (SPXSF), the current 3-Year ROIIC % is 31.50 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 Spirax Group (SPXSF) Overvalued in 2026?
Based on GuruFocus' analysis, Spirax Group stock appears to be undervalued.
The current stock price of $89.08 is trading 20.1% below its estimated GF Value™ of $111.46.
GuruFocus considers Spirax Group to be Modestly Undervalued.
Key valuation signals for SPXSF:
3-Year ROIIC %: 31.50 (251% above median its 10-year median of 8.97)
GF Value™: $111.46 vs. price of $89.08 (20.1% below fair value)
Industry Position: 819.7% above the Industrial Products median (#549 of 2936)
No single metric tells the full story. See the SPXSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spirax is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions, and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.
88GF Score
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