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.
New Fortress Energy does not have enough data to calculate 10-Year ROIIC %.
New Fortress Energy (NAS:NFE) 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.
New Fortress Energy 10-Year ROIIC % Related Terms
New Fortress Energy 10-Year ROIIC % Historical Data
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The historical data trend for New Fortress Energy'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.
NFE vs MMLP, DLNG, PXS: 10-Year ROIIC % Comparison
For the Oil & Gas Midstream subindustry, New Fortress Energy'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.
New Fortress Energy 10-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, New Fortress Energy's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where New Fortress Energy's 10-Year ROIIC % falls into.
New Fortress Energy'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**
=
( -170.621 (Dec. 2025) - (Dec. 2015) )
/
( 16527.492 (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.
New Fortress Energy (NFE) has a 10-Year ROIIC % of 39.75 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 New Fortress Energy and its competitors. According to the industry distribution chart, New Fortress Energy ranks #109 out of 838 companies in the Oil & Gas industry, placing it in the top 13%.
Is New Fortress Energy's 10-Year ROIIC % too high?
New Fortress Energy's current 10-Year ROIIC % is 39.75. The Oil & Gas industry median 10-Year ROIIC % is 3.59. New Fortress Energy's value of 39.75 is 1007.2% above this industry median. Based on the distribution chart, New Fortress Energy ranks #109 out of 838 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, New Fortress Energy has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's 10-Year ROIIC % compare to MMLP and DLNG?
According to the Oil & Gas industry distribution chart, New Fortress Energy ranks #109 out of 838 companies for 10-Year ROIIC %. This places New Fortress Energy in the top 13% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 3.59. New Fortress Energy's value of 39.75 is 1007.2% 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 Oil & Gas company?
The median 10-Year ROIIC % among Oil & Gas companies is 3.59, based on 838 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. New Fortress Energy's current 10-Year ROIIC % of 39.75 is 1007.2% 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 New Fortress Energy and its competitors. For the Oil & Gas industry, the median 10-Year ROIIC % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Fortress Energy's current 10-Year ROIIC % is 39.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Fortress Energy stock overvalued right now?
Based on GuruFocus' analysis, New Fortress Energy (NFE) is currently considered Possible Value Trap. The stock's GF Value™ is $4.40, compared to a current price of $0.36 — trading 91.9% below its estimated fair value. The current 10-Year ROIIC % is 39.75 and 1007.2% above the Oil & Gas industry median of 3.59. New Fortress Energy's overall GF Score™ is 49/100 with 10 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 New Fortress Energy (NFE), the current 10-Year ROIIC % is 39.75 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 New Fortress Energy (NFE) Overvalued in 2026?
Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued.
The current stock price of $0.36 is trading 91.9% below its estimated GF Value™ of $4.40.
GuruFocus considers New Fortress Energy to be Possible Value Trap.
Key valuation signals for NFE:
10-Year ROIIC %: 39.75
GF Value™: $4.40 vs. price of $0.36 (91.9% below fair value)
Industry Position: 1007.2% above the Oil & Gas median (#109 of 838)
No single metric tells the full story. See the NFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.
49GF Score
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