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.
Rivco Australia's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -36.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Rivco Australia's 3-Year ROIIC % or its related term are showing as below:
ASX:D2O's 3-Year ROIIC % is not ranked
in the Utilities - Regulated industry.
Industry Median: 3.99
vs ASX:D2O: -36.60
Rivco Australia (ASX:D2O) 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.
Rivco Australia 3-Year ROIIC % Related Terms
Rivco Australia 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Rivco Australia'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.
ASX:D2O vs AWK, WTRG, AWR: 3-Year ROIIC % Comparison
For the Utilities - Regulated Water subindustry, Rivco Australia'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.
Rivco Australia 3-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rivco Australia's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Rivco Australia's 3-Year ROIIC % falls into.
* 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.
Rivco Australia (ASX:D2O) has a 3-Year ROIIC % of -36.60 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 Rivco Australia and its competitors.
Is Rivco Australia's 3-Year ROIIC % too high?
Rivco Australia's current 3-Year ROIIC % is -36.60. Overall, Rivco Australia has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Rivco Australia's 3-Year ROIIC % compare to AWK and WTRG?
Rivco Australia's 3-Year ROIIC % of -36.60 can be compared against companies in the Utilities - Regulated industry. The industry median 3-Year ROIIC % is 3.99. 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 - Regulated company?
The median 3-Year ROIIC % among Utilities - Regulated companies is 3.99, based on 476 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. 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 Rivco Australia and its competitors. For the Utilities - Regulated industry, the median 3-Year ROIIC % is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rivco Australia's current 3-Year ROIIC % is -36.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rivco Australia stock overvalued right now?
Rivco Australia (ASX:D2O) has a current 3-Year ROIIC % of -36.60. The stock's GF Value™ is A$1.24, compared to a current price of A$1.53 — trading 23.4% above its estimated fair value. The current 3-Year ROIIC % is -36.60. Rivco Australia's overall GF Score™ is 10/100 with 2 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 Rivco Australia (ASX:D2O), the current 3-Year ROIIC % is -36.60 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 Rivco Australia (ASX:D2O) Overvalued in 2026?
Based on GuruFocus' analysis, Rivco Australia stock appears to be overvalued.
The current stock price of A$1.53 is trading 23.4% above its estimated GF Value™ of A$1.24.
Key valuation signals for ASX:D2O:
3-Year ROIIC %: -36.60
GF Value™: A$1.24 vs. price of A$1.53 (23.4% above fair value)
No single metric tells the full story. See the ASX:D2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rivco Australia Ltd provides investors with a direct and pure exposure to Australian water markets. Rivco's primary business activity is to build a diversified portfolio of water entitlements, and through active management, generate a return by offering a range of water supply products to Australian water users. The company are partners with irrigators across the Murray-Darling Basin to deliver reliable water supply solutions. It's products help growers manage seasonal variability and allow planning decisions based on their portfolio.
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