M4B Spolka Akcyjna (FRA:24D) 10-Year ROIIC % : 10.53% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:24D M4B Spolka Akcyjna FRA:24D
82 GF Score
Price €1.87
GF Value €2.33
! 2 Warning Signs
View Full Analysis

What is M4B Spolka Akcyjna 10-Year ROIIC %?

M4B Spolka Akcyjna FRA:24D 82 10-Year ROIIC % is 10.53 as of Dec. 2025. GuruFocus rates FRA:24D with a GF Score™ of 82/100 and a GF Value™ of €2.33. The stock has 2 warning signs investors should review. Among 2,578 Industrial Products companies, M4B Spolka Akcyjna ranks better than 65.71% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. M4B Spolka Akcyjna's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 10.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for M4B Spolka Akcyjna's 10-Year ROIIC % or its related term are showing as below:

FRA:24D's 10-Year ROIIC % is ranked better than
65.71% of 2578 companies
in the Industrial Products industry
Industry Median: 5.36 vs FRA:24D: 10.53

M4B Spolka Akcyjna  (FRA:24D) 10-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.


M4B Spolka Akcyjna 10-Year ROIIC % Related Terms


M4B Spolka Akcyjna 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for M4B Spolka Akcyjna's 10-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.

M4B Spolka Akcyjna 10-Year ROIIC % Chart

M4B Spolka Akcyjna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.88 2.75 6.76 3.30 10.53

M4B Spolka Akcyjna Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.30 0.00 0.00 0.00 10.53

M4B Spolka Akcyjna 10-Year ROIIC % Competitor Comparison

For the Business Equipment & Supplies subindustry, M4B Spolka Akcyjna's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


M4B Spolka Akcyjna 10-Year ROIIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, M4B Spolka Akcyjna's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where M4B Spolka Akcyjna's 10-Year ROIIC % falls into.


FRA:24D
82GF Score
M4B Spolka Akcyjna FRA:24D
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M4B Spolka Akcyjna 10-Year ROIIC % Calculation

M4B Spolka Akcyjna's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 0.685356 (Dec. 2025) - -0.12 (Dec. 2015) )/( 8.478 (Dec. 2025) - 0.83 (Dec. 2015) )
=0.805356/7.648
=10.53%***

* 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 10-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.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 10.53 mean?
M4B Spolka Akcyjna (FRA:24D) has a 10-Year ROIIC % of 10.53 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on M4B Spolka Akcyjna and its competitors. According to the industry distribution chart, M4B Spolka Akcyjna ranks #884 out of 2578 companies in the Industrial Products industry, placing it in the top 34.3%.
Is M4B Spolka Akcyjna's 10-Year ROIIC % too high?
M4B Spolka Akcyjna's current 10-Year ROIIC % is 10.53. The Industrial Products industry median 10-Year ROIIC % is 5.36. M4B Spolka Akcyjna's value of 10.53 is 96.5% above this industry median. Based on the distribution chart, M4B Spolka Akcyjna ranks #884 out of 2578 companies in the Industrial Products industry, which is above the industry midpoint. Overall, M4B Spolka Akcyjna has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does M4B Spolka Akcyjna's 10-Year ROIIC % compare to competitors?
According to the Industrial Products industry distribution chart, M4B Spolka Akcyjna ranks #884 out of 2578 companies for 10-Year ROIIC %. This puts M4B Spolka Akcyjna in the upper half of its industry. The industry median 10-Year ROIIC % is 5.36. M4B Spolka Akcyjna's value of 10.53 is 96.5% 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 10-Year ROIIC % for an Industrial Products company?
The median 10-Year ROIIC % among Industrial Products companies is 5.36, based on 2,578 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M4B Spolka Akcyjna's current 10-Year ROIIC % of 10.53 is 96.5% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on M4B Spolka Akcyjna and its competitors. For the Industrial Products industry, the median 10-Year ROIIC % is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M4B Spolka Akcyjna's current 10-Year ROIIC % is 10.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M4B Spolka Akcyjna stock overvalued right now?
M4B Spolka Akcyjna (FRA:24D) has a current 10-Year ROIIC % of 10.53. The stock's GF Value™ is €2.33, compared to a current price of €1.87 — trading 19.7% below its estimated fair value. The current 10-Year ROIIC % is 10.53 and 96.5% above the Industrial Products industry median of 5.36. M4B Spolka Akcyjna's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For M4B Spolka Akcyjna (FRA:24D), the current 10-Year ROIIC % is 10.53 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 M4B Spolka Akcyjna (FRA:24D) Overvalued in 2026?

Based on GuruFocus' analysis, M4B Spolka Akcyjna stock appears to be undervalued. The current stock price of €1.87 is trading 19.7% below its estimated GF Value™ of €2.33.

Key valuation signals for FRA:24D:

  • 10-Year ROIIC %: 10.53
  • GF Value™: €2.33 vs. price of €1.87 (19.7% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 96.5% above the Industrial Products median (#884 of 2578)

No single metric tells the full story. See the FRA:24D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M4B Spolka Akcyjna Business Description

Other Exchanges M4B:Poland
Address Domaniewska Street 47, Warszawa, POL, 02-672
M4B Spolka Akcyjna is involved in designing and creating digital signage solutions in the data communications industry in Poland. Its principal product, WAVE Multimedia Everywhere, is a software product to manage wide screen networks online.
82GF Score

Get the complete analysis for FRA:24D

10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.87
Price
€2.33
GF Value