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Barnwell IndustriesBRN +3.76%27 3-Year ROIIC % is 199.61 as of Sep. 2025, which is 1853% above its 10-year median of 10.22. GuruFocus rates BRN with a GF Score™ of 27/100 and a GF Value™ of $0.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 923 Oil & Gas companies, Barnwell Industries ranks better than 94.15% 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.
Barnwell Industries's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 199.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Barnwell Industries's 3-Year ROIIC % or its related term are showing as below:
BRN's 3-Year ROIIC % is ranked better than 94.15% of 923
companies
in the Oil & Gas industry
Industry Median: -0.3
vs BRN: 199.61
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.
Barnwell Industries 3-Year ROIIC % Related Terms
Barnwell Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Barnwell Industries'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 Oil & Gas E&P subindustry, Barnwell Industries'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.
Barnwell Industries 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Barnwell Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Barnwell Industries's 3-Year ROIIC % falls into.
Barnwell Industries's 3-Year ROIIC % for the quarter that ended in Sep. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -5.352 (Sep. 2025) - 3.4965324 (Sep. 2022) )
/
( 16.919 (Sep. 2025) - 21.352 (Sep. 2022) )
=
-8.8485324
/
-4.433
=
199.61%***
* 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.
Barnwell Industries (BRN) has a 3-Year ROIIC % of 199.61 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Barnwell Industries and its competitors. This is 1853% above median its historical median of 10.22. According to the industry distribution chart, Barnwell Industries ranks #54 out of 923 companies in the Oil & Gas industry, placing it in the top 5.9%.
Is Barnwell Industries' 3-Year ROIIC % too high?
Barnwell Industries' current 3-Year ROIIC % of 199.61 is 1853% above median its 10-year median of 10.22. Based on the distribution chart, Barnwell Industries ranks #54 out of 923 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Barnwell Industries has a GF Score™ of 27/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Barnwell Industries' 3-Year ROIIC % compare to NRIS and TPET?
According to the Oil & Gas industry distribution chart, Barnwell Industries ranks #54 out of 923 companies for 3-Year ROIIC %. This places Barnwell Industries in the top 6% of its industry — outperforming the majority of peers. 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 Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas 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 Barnwell Industries and its competitors. Barnwell Industries's current 3-Year ROIIC % is 199.61, which is 1853% above median its own 10-year median of 10.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barnwell Industries stock overvalued right now?
Based on GuruFocus' analysis, Barnwell Industries (BRN) is currently considered Fairly Valued. The stock's GF Value™ is $0.92, compared to a current price of $0.99 — trading 7.1% above its estimated fair value. The current 3-Year ROIIC % is 199.61, which is 1853% above median its 10-year median of 10.22. Barnwell Industries' overall GF Score™ is 27/100 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 Barnwell Industries (BRN), the current 3-Year ROIIC % is 199.61 as of Sep. 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 Barnwell Industries (BRN) Overvalued in 2026?
Based on GuruFocus' analysis, Barnwell Industries stock appears to be overvalued.
The current stock price of $0.99 is trading 7.1% above its estimated GF Value™ of $0.92.
GuruFocus considers Barnwell Industries to be Fairly Valued.
Key valuation signals for BRN:
3-Year ROIIC %: 199.61 (1853% above median its 10-year median of 10.22)
GF Value™: $0.92 vs. price of $0.99 (7.1% above fair value)
No single metric tells the full story. See the BRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barnwell Industries Inc is an oil and gas company engaged in the acquisition, development, production, and sale of crude oil and natural gas. The Company operates through two segments: the Oil and Natural Gas segment, which focuses on oil and natural gas development, production, acquisitions, and sales in the United States and Canada; and the Land Investment segment, which owns leasehold land interests in Hawaii. The Company generates the majority of its revenue from the Oil and Natural Gas segment. The company operates in two geographic regions, the United States and Canada, with Canada contributing the majority of revenue.
27GF Score
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