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Finning InternationalTSX:FTT +2.21%80 3-Year ROIIC % is 36.19 as of Dec. 2025, which is 42% above its 10-year median of 25.54. GuruFocus rates TSX:FTT with a GF Score™ of 80/100 and a GF Value™ of C$49.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 150 Industrial Distribution companies, Finning International ranks better than 84% 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.
Finning International's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 36.19%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Finning International's 3-Year ROIIC % or its related term are showing as below:
TSX:FTT's 3-Year ROIIC % is ranked better than 84% of 150
companies
in the Industrial Distribution industry
Industry Median: 3.35
vs TSX:FTT: 36.19
Finning International (TSX:FTT) 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.
Finning International 3-Year ROIIC % Related Terms
Finning International 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Finning International'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.
TSX:FTT vs GWW, FAST, FERG: 3-Year ROIIC % Comparison
For the Industrial Distribution subindustry, Finning International'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.
Finning International 3-Year ROIIC % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Finning International's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Finning International's 3-Year ROIIC % falls into.
Finning International'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**
=
( 643.6487 (Dec. 2025) - 569.466 (Dec. 2022) )
/
( 5696 (Dec. 2025) - 5491 (Dec. 2022) )
=
74.1827
/
205
=
36.19%***
* 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.
Finning International (TSX:FTT) has a 3-Year ROIIC % of 36.19 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 Finning International and its competitors. This is 42% above median its historical median of 25.54. Over the past decade, Finning International's 3-Year ROIIC % has ranged from 7.07 to 49.21. According to the industry distribution chart, Finning International ranks #24 out of 150 companies in the Industrial Distribution industry, placing it in the top 16%.
Is Finning International's 3-Year ROIIC % too high?
Finning International's current 3-Year ROIIC % of 36.19 is 42% above median its 10-year median of 25.54. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 49.21. The Industrial Distribution industry median 3-Year ROIIC % is 3.35. Finning International's value of 36.19 is 980.3% above this industry median. Based on the distribution chart, Finning International ranks #24 out of 150 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Finning International has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finning International's 3-Year ROIIC % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Finning International ranks #24 out of 150 companies for 3-Year ROIIC %. This places Finning International in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.35. Finning International's value of 36.19 is 980.3% above this benchmark. Historically, Finning International's own 3-Year ROIIC % has ranged from 7.07 to 49.21 over the past decade. While the company's 10-year median is 25.54 vs. the industry median of 3.35, Finning International 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 Distribution company?
The median 3-Year ROIIC % among Industrial Distribution companies is 3.35, based on 150 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. Finning International's current 3-Year ROIIC % of 36.19 is 980.3% 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 Finning International and its competitors. For the Industrial Distribution industry, the median 3-Year ROIIC % is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finning International's current 3-Year ROIIC % is 36.19, which is 42% above median its own 10-year median of 25.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finning International stock overvalued right now?
Based on GuruFocus' analysis, Finning International (TSX:FTT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$49.08, compared to a current price of C$106.99 — trading 118% above its estimated fair value. The current 3-Year ROIIC % is 36.19, which is 42% above median its 10-year median of 25.54 and 980.3% above the Industrial Distribution industry median of 3.35. Finning International's overall GF Score™ is 80/100 with 7 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 Finning International (TSX:FTT), the current 3-Year ROIIC % is 36.19 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 Finning International (TSX:FTT) Overvalued in 2026?
Based on GuruFocus' analysis, Finning International stock appears to be overvalued.
The current stock price of C$106.99 is trading 118% above its estimated GF Value™ of C$49.08.
GuruFocus considers Finning International to be Significantly Overvalued.
Key valuation signals for TSX:FTT:
3-Year ROIIC %: 36.19 (42% above median its 10-year median of 25.54)
GF Value™: C$49.08 vs. price of C$106.99 (118% above fair value)
Industry Position: 980.3% above the Industrial Distribution median (#24 of 150)
No single metric tells the full story. See the TSX:FTT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, Chile, UK, Argentina and Others.
80GF Score
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