AFXXF (Afry AB) 3-Year ROIIC % : 266.93% (As of Dec. 2025) — 3412% Above Median

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Director of Data and Quant Analytics at GuruFocus
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AFXXF Afry AB AFXXF
78 GF Score
Price $12.90
GF Value $19.81
Valuation Possible Value Trap
! 5 Warning Signs
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What is Afry AB 3-Year ROIIC %?

Afry AB AFXXF 78 3-Year ROIIC % is 266.93 as of Dec. 2025, which is 3412% above its 10-year median of 7.60. GuruFocus rates AFXXF with a GF Score™ of 78/100 and a GF Value™ of $19.81 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,682 Construction companies, Afry AB ranks better than 97.62% on this metric.

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. Afry AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 266.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Afry AB's 3-Year ROIIC % or its related term are showing as below:

AFXXF's 3-Year ROIIC % is ranked better than
97.62% of 1682 companies
in the Construction industry
Industry Median: 4.675 vs AFXXF: 266.93

Afry AB  (OTCPK:AFXXF) 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.


Afry AB 3-Year ROIIC % Related Terms


Afry AB 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Afry AB's 3-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.

Afry AB 3-Year ROIIC % Chart

Afry AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 9.84 8.18 9.46 266.93

Afry AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-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 0.00 0.00 0.00 266.93 0.00

AFXXF vs PWR, FIX, EME: 3-Year ROIIC % Comparison

For the Engineering & Construction subindustry, Afry AB'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.


Afry AB 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Afry AB's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Afry AB's 3-Year ROIIC % falls into.


AFXXF
78GF Score
Afry AB AFXXF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afry AB 3-Year ROIIC % Calculation

Afry AB'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**
=( 114.1572654 (Dec. 2025) - 115.859816 (Dec. 2022) )/( 2752.461 (Dec. 2025) - 2469.938 (Dec. 2022) )
=-1.7025506/282.523
=-0.60%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 266.93 mean?
Afry AB (AFXXF) has a 3-Year ROIIC % of 266.93 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 Afry AB and its competitors. This is 3412% above median its historical median of 7.60. Over the past decade, Afry AB's 3-Year ROIIC % has ranged from 1.10 to 266.93. According to the industry distribution chart, Afry AB ranks #40 out of 1682 companies in the Construction industry, placing it in the top 2.4%.
Is Afry AB's 3-Year ROIIC % too high?
Afry AB's current 3-Year ROIIC % of 266.93 is 3412% above median its 10-year median of 7.60. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 266.93. The Construction industry median 3-Year ROIIC % is 4.68. Afry AB's value of 266.93 is 5609.7% above this industry median. Based on the distribution chart, Afry AB ranks #40 out of 1682 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Afry AB has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Afry AB's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Afry AB ranks #40 out of 1682 companies for 3-Year ROIIC %. This places Afry AB in the top 2% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.68. Afry AB's value of 266.93 is 5609.7% above this benchmark. Historically, Afry AB's own 3-Year ROIIC % has ranged from 1.10 to 266.93 over the past decade. While the company's 10-year median is 7.60 vs. the industry median of 4.68, Afry AB has consistently been above the industry average. 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 a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.68, based on 1,682 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. Afry AB's current 3-Year ROIIC % of 266.93 is 5609.7% 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 Afry AB and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afry AB's current 3-Year ROIIC % is 266.93, which is 3412% above median its own 10-year median of 7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (AFXXF) is currently considered Possible Value Trap. The stock's GF Value™ is $19.81, compared to a current price of $12.90 — trading 34.9% below its estimated fair value. The current 3-Year ROIIC % is 266.93, which is 3412% above median its 10-year median of 7.60 and 5609.7% above the Construction industry median of 4.68. Afry AB's overall GF Score™ is 78/100 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 Afry AB (AFXXF), the current 3-Year ROIIC % is 266.93 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 Afry AB (AFXXF) Overvalued in 2026?

Based on GuruFocus' analysis, Afry AB stock appears to be undervalued. The current stock price of $12.90 is trading 34.9% below its estimated GF Value™ of $19.81. GuruFocus considers Afry AB to be Possible Value Trap.

Key valuation signals for AFXXF:

  • 3-Year ROIIC %: 266.93 (3412% above median its 10-year median of 7.60)
  • GF Value™: $19.81 vs. price of $12.90 (34.9% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 5609.7% above the Construction median (#40 of 1682)

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


Afry AB Business Description

Address Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
78GF Score

Get the complete analysis for AFXXF

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

$12.90
Price
$19.81
GF Value