Forbo Holding AGXSWX:FORN -0.53%73 3-Year ROIIC % is 4,126.97 as of Dec. 2025, which is 40046% above its 10-year median of 10.28. GuruFocus rates XSWX:FORN with a GF Score™ of 73/100 and a GF Value™ of CHF879.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,681 Construction companies, Forbo Holding AG ranks better than 99.76% 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.
Forbo Holding AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 4,126.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Forbo Holding AG's 3-Year ROIIC % or its related term are showing as below:
XSWX:FORN's 3-Year ROIIC % is ranked better than 99.76% of 1681
companies
in the Construction industry
Industry Median: 4.73
vs XSWX:FORN: 4126.97
Forbo Holding AG (XSWX:FORN) 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.
Forbo Holding AG 3-Year ROIIC % Related Terms
Forbo Holding AG 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Forbo Holding AG'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.
XSWX:FORN vs TT, JCI, CARR: 3-Year ROIIC % Comparison
For the Building Products & Equipment subindustry, Forbo Holding AG'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.
Forbo Holding AG 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Forbo Holding AG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Forbo Holding AG's 3-Year ROIIC % falls into.
Forbo Holding AG'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**
=
( 69.61662 (Dec. 2025) - 102.6324 (Dec. 2022) )
/
( 789 (Dec. 2025) - 789.8 (Dec. 2022) )
=
-33.01578
/
-0.80000000000007
=
4,126.97%***
* 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.
Forbo Holding AG (XSWX:FORN) has a 3-Year ROIIC % of 4,126.97 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 Forbo Holding AG and its competitors. This is 40046% above median its historical median of 10.28. According to the industry distribution chart, Forbo Holding AG ranks #4 out of 1681 companies in the Construction industry, placing it in the top 0.2%.
Is Forbo Holding AG's 3-Year ROIIC % too high?
Forbo Holding AG's current 3-Year ROIIC % of 4,126.97 is 40046% above median its 10-year median of 10.28. The Construction industry median 3-Year ROIIC % is 4.73. Forbo Holding AG's value of 4,126.97 is 87151% above this industry median. Based on the distribution chart, Forbo Holding AG ranks #4 out of 1681 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Forbo Holding AG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forbo Holding AG's 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, Forbo Holding AG ranks #4 out of 1681 companies for 3-Year ROIIC %. This places Forbo Holding AG in the top 0% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.73. Forbo Holding AG's value of 4,126.97 is 87151% above this benchmark. While the company's 10-year median is 10.28 vs. the industry median of 4.73, Forbo Holding AG 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.73, based on 1,681 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. Forbo Holding AG's current 3-Year ROIIC % of 4,126.97 is 87151% 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 Forbo Holding AG and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbo Holding AG's current 3-Year ROIIC % is 4,126.97, which is 40046% above median its own 10-year median of 10.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbo Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Forbo Holding AG (XSWX:FORN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF879.59, compared to a current price of CHF751.00 — trading 14.6% below its estimated fair value. The current 3-Year ROIIC % is 4,126.97, which is 40046% above median its 10-year median of 10.28 and 87151% above the Construction industry median of 4.73. Forbo Holding AG's overall GF Score™ is 73/100 with 3 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 Forbo Holding AG (XSWX:FORN), the current 3-Year ROIIC % is 4,126.97 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 Forbo Holding AG (XSWX:FORN) Overvalued in 2026?
Based on GuruFocus' analysis, Forbo Holding AG stock appears to be undervalued.
The current stock price of CHF751.00 is trading 14.6% below its estimated GF Value™ of CHF879.59.
GuruFocus considers Forbo Holding AG to be Modestly Undervalued.
Key valuation signals for XSWX:FORN:
3-Year ROIIC %: 4,126.97 (40046% above median its 10-year median of 10.28)
GF Value™: CHF879.59 vs. price of CHF751.00 (14.6% below fair value)
Industry Position: 87151% above the Construction median (#4 of 1681)
No single metric tells the full story. See the XSWX:FORN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe, and also has its presence in Americas and Asia/Pacific and Africa.
73GF Score
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