Air WaterAWTRF -5.69%87 3-Year ROIIC % is 1.47 as of Mar. 2025, which is 76% below its 10-year median of 6.14. GuruFocus rates AWTRF with a GF Score™ of 87/100 and a GF Value™ of $12.18 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 1,522 Chemicals companies, Air Water ranks better than 53.42% 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.
Air Water's 3-Year ROIIC % for the quarter that ended in Mar. 2025 was 1.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Air Water's 3-Year ROIIC % or its related term are showing as below:
AWTRF's 3-Year ROIIC % is ranked better than 53.42% of 1522
companies
in the Chemicals industry
Industry Median: -0.04
vs AWTRF: 1.47
Air Water (OTCPK:AWTRF) 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.
Air Water 3-Year ROIIC % Related Terms
Air Water 3-Year ROIIC % Historical Data
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The historical data trend for Air Water'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.
For the Specialty Chemicals subindustry, Air Water'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.
Air Water 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Water's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Air Water'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.
Air Water (AWTRF) has a 3-Year ROIIC % of 1.47 as of Mar. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Air Water and its competitors. This is 76% below median its historical median of 6.14. Over the past decade, Air Water's 3-Year ROIIC % has ranged from 0.81 to 7.02. According to the industry distribution chart, Air Water ranks #709 out of 1522 companies in the Chemicals industry, placing it in the top 46.6%.
Is Air Water's 3-Year ROIIC % too high?
Air Water's current 3-Year ROIIC % of 1.47 is 76% below median its 10-year median of 6.14. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 7.02. Based on the distribution chart, Air Water ranks #709 out of 1522 companies in the Chemicals industry, which is above the industry midpoint. Overall, Air Water has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Water's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Water ranks #709 out of 1522 companies for 3-Year ROIIC %. This puts Air Water in the upper half of its industry. Historically, Air Water's own 3-Year ROIIC % has ranged from 0.81 to 7.02 over the past decade. 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 Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals industry context. 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 Air Water and its competitors. Air Water's current 3-Year ROIIC % is 1.47, which is 76% below median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water stock overvalued right now?
Based on GuruFocus' analysis, Air Water (AWTRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.18, compared to a current price of $13.91 — trading 14.2% above its estimated fair value. The current 3-Year ROIIC % is 1.47, which is 76% below median its 10-year median of 6.14. Air Water's overall GF Score™ is 87/100 with 14 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 Air Water (AWTRF), the current 3-Year ROIIC % is 1.47 as of Mar. 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 Air Water (AWTRF) Overvalued in 2026?
Based on GuruFocus' analysis, Air Water stock appears to be overvalued.
The current stock price of $13.91 is trading 14.2% above its estimated GF Value™ of $12.18.
GuruFocus considers Air Water to be Modestly Overvalued.
Key valuation signals for AWTRF:
3-Year ROIIC %: 1.47 (76% below median its 10-year median of 6.14)
GF Value™: $12.18 vs. price of $13.91 (14.2% above fair value)
No single metric tells the full story. See the AWTRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Water Inc is a diversified conglomerate engaged in the supply of industrial gases and various other businesses and services. The company operates through five segments. The Agri & Foods segment covers the processing and distribution of fruits and vegetables, frozen foods, meat products, and contract manufacturing of beverages. The Digital & Industry segment focuses on industrial gases, electrical, and functional materials. The Energy Solutions segment deals with LP gas, kerosene, and related equipment. The Health & Safety segment provides medical gases, dental and protective materials, hospital equipment, and home medical care services. The Other Businesses segment includes logistics, salt production, overseas industrial gas operations, biomass power, and high-output UPS solutions.
87GF Score
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