Cdon ABCDOAF 68 3-Year ROIIC % is 15.66 as of Dec. 2025. GuruFocus rates CDOAF with a GF Score™ of 68/100 and a GF Value™ of $7.84 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,057 Retail - Cyclical companies, Cdon AB ranks better than 67.17% 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.
Cdon AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Cdon AB's 3-Year ROIIC % or its related term are showing as below:
CDOAF's 3-Year ROIIC % is ranked better than 67.17% of 1057
companies
in the Retail - Cyclical industry
Industry Median: 4.64
vs CDOAF: 15.66
Cdon AB (OTCPK:CDOAF) 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.
Cdon AB 3-Year ROIIC % Related Terms
Cdon AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Cdon AB'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.
CDOAF vs AMZN, BABA, PDD: 3-Year ROIIC % Comparison
For the Internet Retail subindustry, Cdon AB'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.
Cdon AB 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Cdon AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Cdon AB's 3-Year ROIIC % falls into.
Cdon AB'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**
=
( -5.617 (Dec. 2025) - -13.307 (Dec. 2022) )
/
( 80.045 (Dec. 2025) - 18.809 (Dec. 2022) )
=
7.69
/
61.236
=
12.56%***
* 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.
Cdon AB (CDOAF) has a 3-Year ROIIC % of 15.66 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 Cdon AB and its competitors. According to the industry distribution chart, Cdon AB ranks #347 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 32.8%.
Is Cdon AB's 3-Year ROIIC % too high?
Cdon AB's current 3-Year ROIIC % is 15.66. The Retail - Cyclical industry median 3-Year ROIIC % is 4.64. Cdon AB's value of 15.66 is 237.5% above this industry median. Based on the distribution chart, Cdon AB ranks #347 out of 1057 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Cdon AB has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cdon AB's 3-Year ROIIC % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Cdon AB ranks #347 out of 1057 companies for 3-Year ROIIC %. This puts Cdon AB in the upper half of its industry. The industry median 3-Year ROIIC % is 4.64. Cdon AB's value of 15.66 is 237.5% above this benchmark. 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.64, based on 1,057 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. Cdon AB's current 3-Year ROIIC % of 15.66 is 237.5% above the industry median. 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 Cdon AB and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cdon AB's current 3-Year ROIIC % is 15.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cdon AB stock overvalued right now?
Based on GuruFocus' analysis, Cdon AB (CDOAF) is currently considered Fairly Valued. The stock's GF Value™ is $7.84, compared to a current price of $7.45 — trading 5% below its estimated fair value. The current 3-Year ROIIC % is 15.66 and 237.5% above the Retail - Cyclical industry median of 4.64. Cdon AB's overall GF Score™ is 68/100 with 2 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 Cdon AB (CDOAF), the current 3-Year ROIIC % is 15.66 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 Cdon AB (CDOAF) Overvalued in 2026?
Based on GuruFocus' analysis, Cdon AB stock appears to be undervalued.
The current stock price of $7.45 is trading 5% below its estimated GF Value™ of $7.84.
GuruFocus considers Cdon AB to be Fairly Valued.
Key valuation signals for CDOAF:
3-Year ROIIC %: 15.66
GF Value™: $7.84 vs. price of $7.45 (5% below fair value)
Industry Position: 237.5% above the Retail - Cyclical median (#347 of 1057)
No single metric tells the full story. See the CDOAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cdon AB is a Sweden-based company that operates an online marketplace platform. Through its platform, external merchants sell products to consumers in the Nordic region, allowing customers to browse and compare products. The company also supports merchants with services such as pricing tools, product content enhancement, integrations, and analytics. In addition, the company conducts retail sales through its own operations, including warehouse-based sales and dropshipping.
68GF Score
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