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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.
Capex's 3-Year ROIIC % for the quarter that ended in Apr. 2026 was -2.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Capex's 3-Year ROIIC % or its related term are showing as below:
BUE:CAPX's 3-Year ROIIC % is ranked worse than 54.44% of 924
companies
in the Oil & Gas industry
Industry Median: -0.005
vs BUE:CAPX: -2.24
Capex (BUE:CAPX) 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.
Capex 3-Year ROIIC % Related Terms
Capex 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Capex'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.
BUE:CAPX vs COP, EOG, FANG: 3-Year ROIIC % Comparison
For the Oil & Gas E&P subindustry, Capex'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.
Capex 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Capex's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Capex'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.
Capex (BUE:CAPX) has a 3-Year ROIIC % of -2.24 as of Apr. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Capex and its competitors. According to the industry distribution chart, Capex ranks #503 out of 924 companies in the Oil & Gas industry, placing it in the top 54.4%.
Is Capex's 3-Year ROIIC % too high?
Capex's current 3-Year ROIIC % is -2.24. Based on the distribution chart, Capex ranks #503 out of 924 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Capex has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capex's 3-Year ROIIC % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Capex ranks #503 out of 924 companies for 3-Year ROIIC %. This places Capex in the lower half of its industry. 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 Capex and its competitors. Capex's current 3-Year ROIIC % is -2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capex stock overvalued right now?
Based on GuruFocus' analysis, Capex (BUE:CAPX) is currently considered Possible Value Trap. The stock's GF Value™ is ARS7,164.74, compared to a current price of ARS3,920.00 — trading 45.3% below its estimated fair value. The current 3-Year ROIIC % is -2.24. Capex's overall GF Score™ is 68/100 with 9 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 Capex (BUE:CAPX), the current 3-Year ROIIC % is -2.24 as of Apr. 2026. 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 Capex (BUE:CAPX) Overvalued in 2026?
Based on GuruFocus' analysis, Capex stock appears to be undervalued.
The current stock price of ARS3,920.00 is trading 45.3% below its estimated GF Value™ of ARS7,164.74.
GuruFocus considers Capex to be Possible Value Trap.
Key valuation signals for BUE:CAPX:
3-Year ROIIC %: -2.24
GF Value™: ARS7,164.74 vs. price of ARS3,920.00 (45.3% below fair value)
No single metric tells the full story. See the BUE:CAPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capex SA is an Argentina based company predominantly engaged in generation of electricity. It operates in the business segments of Oil and Gas which consists the exploration, production and sale of oil and gas, Energy which is engaged in electric power generation, LPG which involves the production and sale of gas derived liquid fuel, and Renewable energies segment which consists of wind electric power generation activities, Hydrogen Energy which involves generation of electric power with hydrogen activities, and Oxygen which includes the oxygen production and sale operations. It derives a majority of the revenue from the Oil and Gas segment.
68GF Score
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