Carnegie Clean EnergyASX:CCE -2.22%16 3-Year ROIIC % is 5.12 as of Jun. 2025. GuruFocus rates ASX:CCE with a GF Score™ of 16/100 and a GF Value™ of A$0.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 393 Utilities - Independent Power Producers companies, Carnegie Clean Energy ranks better than 60.81% 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.
Carnegie Clean Energy's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 5.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Carnegie Clean Energy's 3-Year ROIIC % or its related term are showing as below:
Carnegie Clean Energy (ASX:CCE) 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.
Carnegie Clean Energy 3-Year ROIIC % Related Terms
Carnegie Clean Energy 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Carnegie Clean Energy'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.
Carnegie Clean Energy 3-Year ROIIC % Competitor Comparison
For the Utilities - Renewable subindustry, Carnegie Clean Energy'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.
Carnegie Clean Energy 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Carnegie Clean Energy's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Carnegie Clean Energy's 3-Year ROIIC % falls into.
Carnegie Clean Energy's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -1.804 (Jun. 2025) - -2.321 (Jun. 2022) )
/
( 27.6 (Jun. 2025) - 17.509 (Jun. 2022) )
=
0.517
/
10.091
=
5.12%***
* 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.
Carnegie Clean Energy (ASX:CCE) has a 3-Year ROIIC % of 5.12 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Carnegie Clean Energy and its competitors. According to the industry distribution chart, Carnegie Clean Energy ranks #154 out of 393 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.2%.
Is Carnegie Clean Energy's 3-Year ROIIC % too high?
Carnegie Clean Energy's current 3-Year ROIIC % is 5.12. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.38. Carnegie Clean Energy's value of 5.12 is 271% above this industry median. Based on the distribution chart, Carnegie Clean Energy ranks #154 out of 393 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Carnegie Clean Energy has a GF Score™ of 16/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnegie Clean Energy's 3-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Carnegie Clean Energy ranks #154 out of 393 companies for 3-Year ROIIC %. This puts Carnegie Clean Energy in the upper half of its industry. The industry median 3-Year ROIIC % is 1.38. Carnegie Clean Energy's value of 5.12 is 271% 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 3-Year ROIIC % for an Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.38, based on 393 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. Carnegie Clean Energy's current 3-Year ROIIC % of 5.12 is 271% 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 Carnegie Clean Energy and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnegie Clean Energy's current 3-Year ROIIC % is 5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnegie Clean Energy stock overvalued right now?
Based on GuruFocus' analysis, Carnegie Clean Energy (ASX:CCE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.06, compared to a current price of A$0.22 — trading 266.7% above its estimated fair value. The current 3-Year ROIIC % is 5.12 and 271% above the Utilities - Independent Power Producers industry median of 1.38. Carnegie Clean Energy's overall GF Score™ is 16/100 with 8 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 Carnegie Clean Energy (ASX:CCE), the current 3-Year ROIIC % is 5.12 as of Jun. 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 Carnegie Clean Energy (ASX:CCE) Overvalued in 2026?
Based on GuruFocus' analysis, Carnegie Clean Energy stock appears to be overvalued.
The current stock price of A$0.22 is trading 266.7% above its estimated GF Value™ of A$0.06.
GuruFocus considers Carnegie Clean Energy to be Significantly Overvalued.
Key valuation signals for ASX:CCE:
3-Year ROIIC %: 5.12
GF Value™: A$0.06 vs. price of A$0.22 (266.7% above fair value)
Industry Position: 271% above the Utilities - Independent Power Producers median (#154 of 393)
No single metric tells the full story. See the ASX:CCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carnegie Clean Energy Ltd is the developer of utility-scale solar, battery, wave, and hybrid energy projects. The firm is mainly engaged in CETO wave energy technology/microgrid build, own, operator, which is developing and commercializing technology for zero-emission electricity generation from ocean swell, and the production and selling of energy through the ownership of microgrids; and Solar and Battery engineering and procurement. The firm realizes a majority of its revenue from Garden Island Microgrid through electricity sales.
16GF Score
Get the complete analysis for ASX:CCE
3-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
ASX:CCE has been successfully added to your 
