Rogers Communications (STU:RCIB) 3-Year ROIIC % : 4.37% (As of Dec. 2025) — 54% Above Median


STU:RCIB Rogers Communications Inc STU:RCIB
85 GF Score
Price €28.83
GF Value €34.46
! 5 Warning Signs
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What is Rogers Communications 3-Year ROIIC %?

Rogers Communications STU:RCIB +0.70% 85 3-Year ROIIC % is 4.37 as of Dec. 2025, which is 54% above its 10-year median of 2.84. GuruFocus rates STU:RCIB with a GF Score™ of 85/100 and a GF Value™ of €34.46. The stock has 5 warning signs investors should review. Among 350 Telecommunication Services companies, Rogers Communications ranks better than 57.14% 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. Rogers Communications's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 4.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Rogers Communications's 3-Year ROIIC % or its related term are showing as below:

STU:RCIB's 3-Year ROIIC % is ranked better than
57.14% of 350 companies
in the Telecommunication Services industry
Industry Median: 1.79 vs STU:RCIB: 4.37

Rogers Communications  (STU:RCIB) 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.


Rogers Communications 3-Year ROIIC % Related Terms


Rogers Communications 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Rogers Communications'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.

Rogers Communications 3-Year ROIIC % Chart

Rogers Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.20 0.24 1.30 4.43 4.37

Rogers Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 4.37 0.00

STU:RCIB vs TMUS, VZ, T: 3-Year ROIIC % Comparison

For the Telecom Services subindustry, Rogers Communications'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.


Rogers Communications 3-Year ROIIC % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Rogers Communications's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Rogers Communications's 3-Year ROIIC % falls into.


STU:RCIB
85GF Score
Rogers Communications Inc STU:RCIB
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rogers Communications 3-Year ROIIC % Calculation

Rogers Communications'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**
=( 2813.2174208 (Dec. 2025) - 1946.5758108 (Dec. 2022) )/( 56548.481 (Dec. 2025) - 35765.684 (Dec. 2022) )
=866.64161/20782.797
=4.17%***

* 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 4.37 mean?
Rogers Communications (STU:RCIB) has a 3-Year ROIIC % of 4.37 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 Rogers Communications and its competitors. This is 54% above median its historical median of 2.84. According to the industry distribution chart, Rogers Communications ranks #150 out of 350 companies in the Telecommunication Services industry, placing it in the top 42.9%.
Is Rogers Communications' 3-Year ROIIC % too high?
Rogers Communications' current 3-Year ROIIC % of 4.37 is 54% above median its 10-year median of 2.84. The Telecommunication Services industry median 3-Year ROIIC % is 1.79. Rogers Communications' value of 4.37 is 144.1% above this industry median. Based on the distribution chart, Rogers Communications ranks #150 out of 350 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Rogers Communications has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' 3-Year ROIIC % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Rogers Communications ranks #150 out of 350 companies for 3-Year ROIIC %. This puts Rogers Communications in the upper half of its industry. The industry median 3-Year ROIIC % is 1.79. Rogers Communications' value of 4.37 is 144.1% above this benchmark. While the company's 10-year median is 2.84 vs. the industry median of 1.79, Rogers Communications 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 Telecommunication Services company?
The median 3-Year ROIIC % among Telecommunication Services companies is 1.79, based on 350 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. Rogers Communications's current 3-Year ROIIC % of 4.37 is 144.1% 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 Rogers Communications and its competitors. For the Telecommunication Services industry, the median 3-Year ROIIC % is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rogers Communications's current 3-Year ROIIC % is 4.37, which is 54% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogers Communications stock overvalued right now?
Rogers Communications (STU:RCIB) has a current 3-Year ROIIC % of 4.37. The stock's GF Value™ is €34.46, compared to a current price of €28.83 — trading 16.3% below its estimated fair value. The current 3-Year ROIIC % is 4.37, which is 54% above median its 10-year median of 2.84 and 144.1% above the Telecommunication Services industry median of 1.79. Rogers Communications' overall GF Score™ is 85/100 with 5 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 Rogers Communications (STU:RCIB), the current 3-Year ROIIC % is 4.37 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 Rogers Communications (STU:RCIB) Overvalued in 2026?

Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued. The current stock price of €28.83 is trading 16.3% below its estimated GF Value™ of €34.46.

Key valuation signals for STU:RCIB:

  • 3-Year ROIIC %: 4.37 (54% above median its 10-year median of 2.84)
  • GF Value™: €34.46 vs. price of €28.83 (16.3% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 144.1% above the Telecommunication Services median (#150 of 350)

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


Rogers Communications Business Description

Address 333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada with more than 11 million subscribers, equating to one-third of the total Canadian market. Rogers' wireless business accounts for more than half of total revenue and has been growing at a higher rate than other segments. The cable segment, which provides about 38% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and major Toronto sports franchises, including the Blue Jays, Maple Leafs, Raptors, Toronto FC, and Argonauts.
85GF Score

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

€28.83
Price
€34.46
GF Value