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5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
Wolverine World Wide's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was -18.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Wolverine World Wide's 5-Year ROIIC % or its related term are showing as below:
FRA:WW4's 5-Year ROIIC % is ranked worse than 82.6% of 960
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.775
vs FRA:WW4: -18.09
Wolverine World Wide (FRA:WW4) 5-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.
Wolverine World Wide 5-Year ROIIC % Related Terms
Wolverine World Wide 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Wolverine World Wide's 5-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.
FRA:WW4 vs WEYS, DBI, RCKY: 5-Year ROIIC % Comparison
For the Footwear & Accessories subindustry, Wolverine World Wide's 5-Year ROIIC %, along with its competitors' market caps and 5-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.
Wolverine World Wide 5-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Wolverine World Wide's 5-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 5-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.
Wolverine World Wide (FRA:WW4) has a 5-Year ROIIC % of -18.09 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Wolverine World Wide and its competitors. According to the industry distribution chart, Wolverine World Wide ranks #793 out of 960 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.6%.
Is Wolverine World Wide's 5-Year ROIIC % too high?
Wolverine World Wide's current 5-Year ROIIC % is -18.09. Based on the distribution chart, Wolverine World Wide ranks #793 out of 960 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Wolverine World Wide has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wolverine World Wide's 5-Year ROIIC % compare to WEYS and DBI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wolverine World Wide ranks #793 out of 960 companies for 5-Year ROIIC %. This places Wolverine World Wide in the lower half of its industry. The industry median 5-Year ROIIC % is 2.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Manufacturing - Apparel & Accessories company?
The median 5-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 2.78, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Wolverine World Wide and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 5-Year ROIIC % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wolverine World Wide's current 5-Year ROIIC % is -18.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wolverine World Wide stock overvalued right now?
Based on GuruFocus' analysis, Wolverine World Wide (FRA:WW4) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.87, compared to a current price of €15.80 — trading 22.8% above its estimated fair value. The current 5-Year ROIIC % is -18.09. Wolverine World Wide's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Wolverine World Wide (FRA:WW4), the current 5-Year ROIIC % is -18.09 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 Wolverine World Wide (FRA:WW4) Overvalued in 2026?
Based on GuruFocus' analysis, Wolverine World Wide stock appears to be overvalued.
The current stock price of €15.80 is trading 22.8% above its estimated GF Value™ of €12.87.
GuruFocus considers Wolverine World Wide to be Modestly Overvalued.
Key valuation signals for FRA:WW4:
5-Year ROIIC %: -18.09
GF Value™: €12.87 vs. price of €15.80 (22.8% above fair value)
No single metric tells the full story. See the FRA:WW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; and Work Group. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. Geographically, the company operates in United States; Europe, Middle East and Africa; Asia Pacific; Canada; and Latin America.
70GF Score
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