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.
Zurich Insurance Group AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 11.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Zurich Insurance Group AG's 3-Year ROIIC % or its related term are showing as below:
ZFSVF's 3-Year ROIIC % is ranked better than 65.06% of 332
companies
in the Insurance industry
Industry Median: 5.275
vs ZFSVF: 11.47
Zurich Insurance Group AG (OTCPK:ZFSVF) 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.
Zurich Insurance Group AG 3-Year ROIIC % Related Terms
Zurich Insurance Group AG 3-Year ROIIC % Historical Data
* 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.
ZFSVF vs BRK.A, AIG, HIG: 3-Year ROIIC % Comparison
For the Insurance - Diversified subindustry, Zurich Insurance Group 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.
Zurich Insurance Group AG 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Zurich Insurance Group AG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Zurich Insurance Group AG's 3-Year ROIIC % falls into.
Zurich Insurance Group AG 3-Year ROIIC % Calculation
Zurich Insurance Group 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**
=
( 7529.55 (Dec. 2025) - 4653.2364 (Dec. 2022) )
/
( 402226.5 (Dec. 2025) - 328480.15 (Dec. 2022) )
=
2876.3136
/
73746.35
=
3.90%***
* 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.
Zurich Insurance Group AG (ZFSVF) has a 3-Year ROIIC % of 11.47 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 Zurich Insurance Group AG and its competitors. According to the industry distribution chart, Zurich Insurance Group AG ranks #116 out of 332 companies in the Insurance industry, placing it in the top 34.9%.
Is Zurich Insurance Group AG's 3-Year ROIIC % too high?
Zurich Insurance Group AG's current 3-Year ROIIC % is 11.47. The Insurance industry median 3-Year ROIIC % is 5.28. Zurich Insurance Group AG's value of 11.47 is 117.4% above this industry median. Based on the distribution chart, Zurich Insurance Group AG ranks #116 out of 332 companies in the Insurance industry, which is above the industry midpoint. Overall, Zurich Insurance Group AG has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zurich Insurance Group AG's 3-Year ROIIC % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Zurich Insurance Group AG ranks #116 out of 332 companies for 3-Year ROIIC %. This puts Zurich Insurance Group AG in the upper half of its industry. The industry median 3-Year ROIIC % is 5.28. Zurich Insurance Group AG's value of 11.47 is 117.4% above this benchmark. 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 Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.28, based on 332 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. Zurich Insurance Group AG's current 3-Year ROIIC % of 11.47 is 117.4% 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 Zurich Insurance Group AG and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zurich Insurance Group AG's current 3-Year ROIIC % is 11.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zurich Insurance Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zurich Insurance Group AG (ZFSVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $590.18, compared to a current price of $729.00 — trading 23.5% above its estimated fair value. The current 3-Year ROIIC % is 11.47 and 117.4% above the Insurance industry median of 5.28. Zurich Insurance Group AG's overall GF Score™ is 65/100 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 Zurich Insurance Group AG (ZFSVF), the current 3-Year ROIIC % is 11.47 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 Zurich Insurance Group AG (ZFSVF) Overvalued in 2026?
Based on GuruFocus' analysis, Zurich Insurance Group AG stock appears to be overvalued.
The current stock price of $729.00 is trading 23.5% above its estimated GF Value™ of $590.18.
GuruFocus considers Zurich Insurance Group AG to be Modestly Overvalued.
Key valuation signals for ZFSVF:
3-Year ROIIC %: 11.47
GF Value™: $590.18 vs. price of $729.00 (23.5% above fair value)
Industry Position: 117.4% above the Insurance median (#116 of 332)
No single metric tells the full story. See the ZFSVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. Zurich was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. The company subsequently expanded into transport and accident insurance and rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European multilines.
65GF Score
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