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.
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.
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.
Barings BDC does not have enough data to calculate 10-Year ROIIC %.
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.
Barings BDC 10-Year ROIIC % Related Terms
Barings BDC 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Barings BDC'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.
FRA:TRY vs RNP, BBN, PDX: 10-Year ROIIC % Comparison
For the Asset Management subindustry, Barings BDC'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.
Barings BDC 10-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Barings BDC's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Barings BDC's 10-Year ROIIC % falls into.
Barings BDC'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**
=
( (Dec. 2025) - (Dec. 2015) )
/
( (Dec. 2025) - (Dec. 2015) )
=
/
=
N/A%***
* 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.
Barings BDC (FRA:TRY) has a 10-Year ROIIC % of 0.00 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 Barings BDC and its competitors. According to the industry distribution chart, Barings BDC ranks #999999 out of 537 companies in the Asset Management industry.
Is Barings BDC's 10-Year ROIIC % too high?
Barings BDC's current 10-Year ROIIC % is 0.00. Based on the distribution chart, Barings BDC ranks #999999 out of 537 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Barings BDC has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Barings BDC's 10-Year ROIIC % compare to RNP and BBN?
According to the Asset Management industry distribution chart, Barings BDC ranks #999999 out of 537 companies for 10-Year ROIIC %. This places Barings BDC in the lower half of its industry. The industry median 10-Year ROIIC % is 0.94. 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 Asset Management company?
The median 10-Year ROIIC % among Asset Management companies is 0.94, based on 537 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. 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 Barings BDC and its competitors. For the Asset Management industry, the median 10-Year ROIIC % is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barings BDC's current 10-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barings BDC stock overvalued right now?
Barings BDC (FRA:TRY) has a current 10-Year ROIIC % of 0.00. The stock's GF Value™ is €7.13, compared to a current price of €7.54 — trading 5.7% above its estimated fair value. The current 10-Year ROIIC % is 0.00. Barings BDC's overall GF Score™ is 68/100 with 6 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 Barings BDC (FRA:TRY), the current 10-Year ROIIC % is 0.00 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 Barings BDC (FRA:TRY) Overvalued in 2026?
Based on GuruFocus' analysis, Barings BDC stock appears to be overvalued.
The current stock price of €7.54 is trading 5.7% above its estimated GF Value™ of €7.13.
Key valuation signals for FRA:TRY:
10-Year ROIIC %: 0.00
GF Value™: €7.13 vs. price of €7.54 (5.7% above fair value)
No single metric tells the full story. See the FRA:TRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately held middle-market companies to help these companies fund acquisitions, growth, or refinancing. It employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.
68GF Score
Get the complete analysis for FRA:TRY
10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:TRY has been successfully added to your 
