Vodacom GroupVODAF 78 3-Year ROIIC % is 33.47 as of Mar. 2026, which is 382% above its 10-year median of 6.94. GuruFocus rates VODAF with a GF Score™ of 78/100 and a GF Value™ of $8.88 (Fairly Valued). The stock has 5 warning signs investors should review. Among 352 Telecommunication Services companies, Vodacom Group ranks better than 84.94% 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.
Vodacom Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 33.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Vodacom Group's 3-Year ROIIC % or its related term are showing as below:
VODAF's 3-Year ROIIC % is ranked better than 84.94% of 352
companies
in the Telecommunication Services industry
Industry Median: 1.71
vs VODAF: 33.47
Vodacom Group (OTCPK:VODAF) 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.
Vodacom Group 3-Year ROIIC % Related Terms
Vodacom Group 3-Year ROIIC % Historical Data
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The historical data trend for Vodacom 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 Telecom Services subindustry, Vodacom 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.
Vodacom Group 3-Year ROIIC % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Vodacom Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Vodacom 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.
Vodacom Group (VODAF) has a 3-Year ROIIC % of 33.47 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Vodacom Group and its competitors. This is 382% above median its historical median of 6.94. Over the past decade, Vodacom Group's 3-Year ROIIC % has ranged from 0.97 to 33.47. According to the industry distribution chart, Vodacom Group ranks #53 out of 352 companies in the Telecommunication Services industry, placing it in the top 15.1%.
Is Vodacom Group's 3-Year ROIIC % too high?
Vodacom Group's current 3-Year ROIIC % of 33.47 is 382% above median its 10-year median of 6.94. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 33.47. The Telecommunication Services industry median 3-Year ROIIC % is 1.71. Vodacom Group's value of 33.47 is 1857.3% above this industry median. Based on the distribution chart, Vodacom Group ranks #53 out of 352 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Vodacom Group has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vodacom Group's 3-Year ROIIC % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodacom Group ranks #53 out of 352 companies for 3-Year ROIIC %. This places Vodacom Group in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.71. Vodacom Group's value of 33.47 is 1857.3% above this benchmark. Historically, Vodacom Group's own 3-Year ROIIC % has ranged from 0.97 to 33.47 over the past decade. While the company's 10-year median is 6.94 vs. the industry median of 1.71, Vodacom 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 a Telecommunication Services company?
The median 3-Year ROIIC % among Telecommunication Services companies is 1.71, based on 352 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. Vodacom Group's current 3-Year ROIIC % of 33.47 is 1857.3% 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 Vodacom Group and its competitors. For the Telecommunication Services industry, the median 3-Year ROIIC % is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodacom Group's current 3-Year ROIIC % is 33.47, which is 382% above median its own 10-year median of 6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodacom Group stock overvalued right now?
Based on GuruFocus' analysis, Vodacom Group (VODAF) is currently considered Fairly Valued. The stock's GF Value™ is $8.88, compared to a current price of $8.98 — trading 1.1% above its estimated fair value. The current 3-Year ROIIC % is 33.47, which is 382% above median its 10-year median of 6.94 and 1857.3% above the Telecommunication Services industry median of 1.71. Vodacom Group's overall GF Score™ is 78/100 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 Vodacom Group (VODAF), the current 3-Year ROIIC % is 33.47 as of Mar. 2026. 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 Vodacom Group (VODAF) Overvalued in 2026?
Based on GuruFocus' analysis, Vodacom Group stock appears to be overvalued.
The current stock price of $8.98 is trading 1.1% above its estimated GF Value™ of $8.88.
GuruFocus considers Vodacom Group to be Fairly Valued.
Key valuation signals for VODAF:
3-Year ROIIC %: 33.47 (382% above median its 10-year median of 6.94)
GF Value™: $8.88 vs. price of $8.98 (1.1% above fair value)
Industry Position: 1857.3% above the Telecommunication Services median (#53 of 352)
No single metric tells the full story. See the VODAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vodacom Group Ltd is a telecommunications provider. It is engaged in the provision of a wide range of communications products and services including but not limited to voice, messaging, converged services, broadband, data connectivity, mobile financial services and other value added services. Its segments includes South Africa comprises the information relating to the South African-based cellular network and other business segments. Egypt comprises the information relating to the Egyptian-based cellular network and other business segments. International comprises the segment information relating to the non-South African-based cellular networks in Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo. It generates majority of revenue from South Africa.
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