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.
BTC Digital's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -51.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for BTC Digital's 3-Year ROIIC % or its related term are showing as below:
BTCT's 3-Year ROIIC % is ranked worse than 86% of 2371
companies
in the Hardware industry
Industry Median: 2.33
vs BTCT: -51.30
BTC Digital (NAS:BTCT) 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.
BTC Digital 3-Year ROIIC % Related Terms
BTC Digital 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for BTC Digital'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.
BTCT vs SCKT, EBON, AGMH: 3-Year ROIIC % Comparison
For the Computer Hardware subindustry, BTC Digital'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.
BTC Digital 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, BTC Digital's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where BTC Digital's 3-Year ROIIC % falls into.
BTC Digital's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -8.809 (Dec. 2025) - 1.047 (Dec. 2022) )
/
( 39.314 (Dec. 2025) - 20.102 (Dec. 2022) )
=
-9.856
/
19.212
=
-51.30%***
* 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.
BTC Digital (BTCT) has a 3-Year ROIIC % of -51.30 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 BTC Digital and its competitors. According to the industry distribution chart, BTC Digital ranks #2039 out of 2371 companies in the Hardware industry, placing it in the top 86%.
Is BTC Digital's 3-Year ROIIC % too high?
BTC Digital's current 3-Year ROIIC % is -51.30. Based on the distribution chart, BTC Digital ranks #2039 out of 2371 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, BTC Digital has a GF Score™ of 33/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTC Digital's 3-Year ROIIC % compare to SCKT and EBON?
According to the Hardware industry distribution chart, BTC Digital ranks #2039 out of 2371 companies for 3-Year ROIIC %. This places BTC Digital in the lower half of its industry. The industry median 3-Year ROIIC % is 2.33. 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.33, based on 2,371 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 BTC Digital and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTC Digital's current 3-Year ROIIC % is -51.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTC Digital stock overvalued right now?
Based on GuruFocus' analysis, BTC Digital (BTCT) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.84, compared to a current price of $1.01 — trading 20.2% above its estimated fair value. The current 3-Year ROIIC % is -51.30. BTC Digital's overall GF Score™ is 33/100 with 7 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 BTC Digital (BTCT), the current 3-Year ROIIC % is -51.30 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 BTC Digital (BTCT) Overvalued in 2026?
Based on GuruFocus' analysis, BTC Digital stock appears to be overvalued.
The current stock price of $1.01 is trading 20.2% above its estimated GF Value™ of $0.84.
GuruFocus considers BTC Digital to be Modestly Overvalued.
Key valuation signals for BTCT:
3-Year ROIIC %: -51.30
GF Value™: $0.84 vs. price of $1.01 (20.2% above fair value)
No single metric tells the full story. See the BTCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BTC Digital Ltd is the ledger technology that underlies bitcoin and other cryptocurrencies, based in the U.S., with a focus on bitcoin mining. A blockchain is a decentralized, distributed, and encrypted digital public ledger that stores information in a secure, verifiable, and permanent way. The company also generates revenue through the resale of mining machines, mining machine rental, and miner hosting services.
33GF Score
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