Chorus Aviation (TSX:CHR) 3-Year ROIIC % : 1.88% (As of Dec. 2025) — 29% Below Median


TSX:CHR Chorus Aviation Inc TSX:CHR
78 GF Score
Price C$24.39
GF Value C$20.40
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Chorus Aviation 3-Year ROIIC %?

Chorus Aviation TSX:CHR -1.61% 78 3-Year ROIIC % is 1.88 as of Dec. 2025, which is 29% below its 10-year median of 2.66. GuruFocus rates TSX:CHR with a GF Score™ of 78/100 and a GF Value™ of C$20.40 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 939 Transportation companies, Chorus Aviation ranks better than 50.05% 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. Chorus Aviation's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 1.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSX:CHR's 3-Year ROIIC % is ranked better than
50.05% of 939 companies
in the Transportation industry
Industry Median: 1.88 vs TSX:CHR: 1.88

Chorus Aviation  (TSX:CHR) 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.


Chorus Aviation 3-Year ROIIC % Related Terms


Chorus Aviation 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Chorus Aviation'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.

Chorus Aviation 3-Year ROIIC % Chart

Chorus Aviation 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 -11.25 -3.59 3.54 -2.37 1.88

Chorus Aviation 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 1.88 0.00

TSX:CHR vs JOBY: 3-Year ROIIC % Comparison

For the Airports & Air Services subindustry, Chorus Aviation'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.


Chorus Aviation 3-Year ROIIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Chorus Aviation's 3-Year ROIIC % distribution charts can be found below:

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


TSX:CHR
78GF Score
Chorus Aviation Inc TSX:CHR
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chorus Aviation 3-Year ROIIC % Calculation

Chorus Aviation'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**
=( 79.504711 (Dec. 2025) - 132.350998 (Dec. 2022) )/( 1092.634 (Dec. 2025) - 3900.331 (Dec. 2022) )
=-52.846287/-2807.697
=1.88%***

* 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 1.88 mean?
Chorus Aviation (TSX:CHR) has a 3-Year ROIIC % of 1.88 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 Chorus Aviation and its competitors. This is 29% below median its historical median of 2.66. According to the industry distribution chart, Chorus Aviation ranks #469 out of 939 companies in the Transportation industry, placing it in the top 49.9%.
Is Chorus Aviation's 3-Year ROIIC % too high?
Chorus Aviation's current 3-Year ROIIC % of 1.88 is 29% below median its 10-year median of 2.66. The Transportation industry median 3-Year ROIIC % is 1.88. Chorus Aviation's value of 1.88 is 0% at this industry median. Based on the distribution chart, Chorus Aviation ranks #469 out of 939 companies in the Transportation industry, which is above the industry midpoint. Overall, Chorus Aviation has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chorus Aviation's 3-Year ROIIC % compare to JOBY?
According to the Transportation industry distribution chart, Chorus Aviation ranks #469 out of 939 companies for 3-Year ROIIC %. This puts Chorus Aviation in the upper half of its industry. The industry median 3-Year ROIIC % is 1.88. Chorus Aviation's value of 1.88 is 0% at this benchmark. While the company's 10-year median is 2.66 vs. the industry median of 1.88, Chorus Aviation has consistently been at 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.88, based on 939 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. Chorus Aviation's current 3-Year ROIIC % of 1.88 is 0% at 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 Chorus Aviation and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chorus Aviation's current 3-Year ROIIC % is 1.88, which is 29% below median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chorus Aviation stock overvalued right now?
Based on GuruFocus' analysis, Chorus Aviation (TSX:CHR) is currently considered Modestly Overvalued. The stock's GF Value™ is C$20.40, compared to a current price of C$24.39 — trading 19.6% above its estimated fair value. The current 3-Year ROIIC % is 1.88, which is 29% below median its 10-year median of 2.66 and 0% at the Transportation industry median of 1.88. Chorus Aviation's overall GF Score™ is 78/100 with 9 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 Chorus Aviation (TSX:CHR), the current 3-Year ROIIC % is 1.88 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 Chorus Aviation (TSX:CHR) Overvalued in 2026?

Based on GuruFocus' analysis, Chorus Aviation stock appears to be overvalued. The current stock price of C$24.39 is trading 19.6% above its estimated GF Value™ of C$20.40. GuruFocus considers Chorus Aviation to be Modestly Overvalued.

Key valuation signals for TSX:CHR:

  • 3-Year ROIIC %: 1.88 (29% below median its 10-year median of 2.66)
  • GF Value™: C$20.40 vs. price of C$24.39 (19.6% above fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 0% at the Transportation median (#469 of 939)

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


Chorus Aviation Business Description

Other Exchanges CHRRF:USA1H00:Germany
Address 3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8
Chorus Aviation Inc is a Canadian holding company. The company focuses on delivering regional aviation to the world through its businesses. The company specializes in contract flying, maintenance, pilot training, repair and overhaul, and aircraft leasing solutions.
78GF Score

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

C$24.39
Price
C$20.40
GF Value