Bell EquipmentBLLQF 49 3-Year ROIIC % is -32.51 as of Dec. 2025. GuruFocus rates BLLQF with a GF Score™ of 49/100 and a GF Value™ of $0.99 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, Bell Equipment ranks worse than 87.13% 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.
Bell Equipment's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -32.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bell Equipment's 3-Year ROIIC % or its related term are showing as below:
BLLQF's 3-Year ROIIC % is ranked worse than 87.13% of 202
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.225
vs BLLQF: -32.51
Bell Equipment (OTCPK:BLLQF) 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.
Bell Equipment 3-Year ROIIC % Related Terms
Bell Equipment 3-Year ROIIC % Historical Data
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The historical data trend for Bell Equipment'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 Farm & Heavy Construction Machinery subindustry, Bell Equipment'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.
Bell Equipment 3-Year ROIIC % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Bell Equipment's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bell Equipment'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.
Bell Equipment (BLLQF) has a 3-Year ROIIC % of -32.51 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 Bell Equipment and its competitors. According to the industry distribution chart, Bell Equipment ranks #176 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 87.1%.
Is Bell Equipment's 3-Year ROIIC % too high?
Bell Equipment's current 3-Year ROIIC % is -32.51. Based on the distribution chart, Bell Equipment ranks #176 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Bell Equipment has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bell Equipment's 3-Year ROIIC % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Bell Equipment ranks #176 out of 202 companies for 3-Year ROIIC %. This places Bell Equipment in the lower half of its industry. The industry median 3-Year ROIIC % is 2.23. 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 Farm & Heavy Construction Machinery company?
The median 3-Year ROIIC % among Farm & Heavy Construction Machinery companies is 2.23, based on 202 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 Bell Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median 3-Year ROIIC % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Equipment's current 3-Year ROIIC % is -32.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Equipment stock overvalued right now?
Based on GuruFocus' analysis, Bell Equipment (BLLQF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.99, compared to a current price of $2.30 — trading 132.3% above its estimated fair value. The current 3-Year ROIIC % is -32.51. Bell Equipment's overall GF Score™ is 49/100 with 3 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 Bell Equipment (BLLQF), the current 3-Year ROIIC % is -32.51 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 Bell Equipment (BLLQF) Overvalued in 2026?
Based on GuruFocus' analysis, Bell Equipment stock appears to be overvalued.
The current stock price of $2.30 is trading 132.3% above its estimated GF Value™ of $0.99.
GuruFocus considers Bell Equipment to be Significantly Overvalued.
Key valuation signals for BLLQF:
3-Year ROIIC %: -32.51
GF Value™: $0.99 vs. price of $2.30 (132.3% above fair value)
No single metric tells the full story. See the BLLQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bell Equipment Ltd designs and manufactures a wide Collection of products. This includes a complete range of Bell forestry and agriculture products. It seeks to develop and support local suppliers and invests in outreach initiatives with a focus on education, training, and development both internally and externally. It conducts two main business operations Manufacturing, assembly, logistics and dealer sales operations which is OEM operations comprising manufacturing, assembly and sales of equipment and aftermarket products to independent dealers for their distribution to market; and Direct Sales operations which is owned distribution operations for direct sales of own manufactured products, other third party products and the supply of aftermarket support and products to market.
49GF Score
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