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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.
Salmon Evolution ASA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -3.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Salmon Evolution ASA's 3-Year ROIIC % or its related term are showing as below:
CHIX:SALMEo's 3-Year ROIIC % is ranked worse than 62.7% of 1831
companies
in the Consumer Packaged Goods industry
Industry Median: 2.72
vs CHIX:SALMEo: -3.87
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.
Salmon Evolution ASA 3-Year ROIIC % Related Terms
Salmon Evolution ASA 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Salmon Evolution ASA'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.
CHIX:SALMEO vs ADM, BG, TSN: 3-Year ROIIC % Comparison
For the Farm Products subindustry, Salmon Evolution ASA'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.
Salmon Evolution ASA 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Salmon Evolution ASA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Salmon Evolution ASA's 3-Year ROIIC % falls into.
Salmon Evolution ASA'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**
=
( -158.907 (Dec. 2025) - -74.673 (Dec. 2022) )
/
( 4096.672 (Dec. 2025) - 1918.866 (Dec. 2022) )
=
-84.234
/
2177.806
=
-3.87%***
* 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.
Salmon Evolution ASA (CHIX:SALMEO) has a 3-Year ROIIC % of -3.87 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 Salmon Evolution ASA and its competitors. According to the industry distribution chart, Salmon Evolution ASA ranks #1148 out of 1831 companies in the Consumer Packaged Goods industry, placing it in the top 62.7%.
Is Salmon Evolution ASA's 3-Year ROIIC % too high?
Salmon Evolution ASA's current 3-Year ROIIC % is -3.87. Based on the distribution chart, Salmon Evolution ASA ranks #1148 out of 1831 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Salmon Evolution ASA has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Salmon Evolution ASA's 3-Year ROIIC % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Salmon Evolution ASA ranks #1148 out of 1831 companies for 3-Year ROIIC %. This places Salmon Evolution ASA in the lower half of its industry. The industry median 3-Year ROIIC % is 2.72. 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 Consumer Packaged Goods company?
The median 3-Year ROIIC % among Consumer Packaged Goods companies is 2.72, based on 1,831 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 Salmon Evolution ASA and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salmon Evolution ASA's current 3-Year ROIIC % is -3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salmon Evolution ASA stock overvalued right now?
Salmon Evolution ASA (CHIX:SALMEO) has a current 3-Year ROIIC % of -3.87. The stock's GF Value™ is kr15.23, compared to a current price of kr7.71 — trading 49.4% below its estimated fair value. The current 3-Year ROIIC % is -3.87. Salmon Evolution ASA's overall GF Score™ is 34/100 with 6 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 Salmon Evolution ASA (CHIX:SALMEO), the current 3-Year ROIIC % is -3.87 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 Salmon Evolution ASA (CHIX:SALMEO) Overvalued in 2026?
Based on GuruFocus' analysis, Salmon Evolution ASA stock appears to be undervalued.
The current stock price of kr7.71 is trading 49.4% below its estimated GF Value™ of kr15.23.
Key valuation signals for CHIX:SALMEO:
3-Year ROIIC %: -3.87
GF Value™: kr15.23 vs. price of kr7.71 (49.4% below fair value)
No single metric tells the full story. See the CHIX:SALMEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salmon Evolution ASA is a land-based salmon farming company in Norway that uses hybrid flow-through system technology. Its production facility is in Indre Haroy, Norway, providing access to an experienced workforce, established infrastructure, renewable energy, and unlimited fresh seawater. The company has two reportable segments, which are Farming Norway and Other. Farming Norway includes Salmon Evolution Norway AS, Salmon Evolution Dale AS, and Salmon Evolution Sales AS, while the Other segment covers revenue and costs not attributable to the farming segment.
34GF Score
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