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.
Scandinavian Tobacco Group AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -43.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
CHIX:STGc's 3-Year ROIIC % is ranked worse than 84.78% of 46
companies
in the Tobacco Products industry
Industry Median: 3.585
vs CHIX:STGc: -43.03
Scandinavian Tobacco Group AS (CHIX:STGc) 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.
Scandinavian Tobacco Group AS 3-Year ROIIC % Related Terms
Scandinavian Tobacco Group AS 3-Year ROIIC % Historical Data
* 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.
Scandinavian Tobacco Group AS 3-Year ROIIC % Chart
CHIX:STGC vs PM, MO, TPB: 3-Year ROIIC % Comparison
For the Tobacco subindustry, Scandinavian Tobacco Group AS'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.
Scandinavian Tobacco Group AS 3-Year ROIIC % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Scandinavian Tobacco Group AS'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.
Scandinavian Tobacco Group AS (CHIX:STGC) has a 3-Year ROIIC % of -43.03 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 Scandinavian Tobacco Group AS and its competitors. According to the industry distribution chart, Scandinavian Tobacco Group AS ranks #39 out of 46 companies in the Tobacco Products industry, placing it in the top 84.8%.
Is Scandinavian Tobacco Group AS's 3-Year ROIIC % too high?
Scandinavian Tobacco Group AS's current 3-Year ROIIC % is -43.03. Based on the distribution chart, Scandinavian Tobacco Group AS ranks #39 out of 46 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Scandinavian Tobacco Group AS has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Tobacco Group AS's 3-Year ROIIC % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Scandinavian Tobacco Group AS ranks #39 out of 46 companies for 3-Year ROIIC %. This places Scandinavian Tobacco Group AS in the lower half of its industry. The industry median 3-Year ROIIC % is 3.59. 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 Tobacco Products company?
The median 3-Year ROIIC % among Tobacco Products companies is 3.59, based on 46 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 Scandinavian Tobacco Group AS and its competitors. For the Tobacco Products industry, the median 3-Year ROIIC % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Tobacco Group AS's current 3-Year ROIIC % is -43.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Tobacco Group AS stock overvalued right now?
Scandinavian Tobacco Group AS (CHIX:STGC) has a current 3-Year ROIIC % of -43.03. The stock's GF Value™ is kr108.33, compared to a current price of kr66.80 — trading 38.3% below its estimated fair value. The current 3-Year ROIIC % is -43.03. Scandinavian Tobacco Group AS's overall GF Score™ is 65/100 with 8 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 Scandinavian Tobacco Group AS (CHIX:STGC), the current 3-Year ROIIC % is -43.03 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 Scandinavian Tobacco Group AS (CHIX:STGC) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS stock appears to be undervalued.
The current stock price of kr66.80 is trading 38.3% below its estimated GF Value™ of kr108.33.
Key valuation signals for CHIX:STGC:
3-Year ROIIC %: -43.03
GF Value™: kr108.33 vs. price of kr66.80 (38.3% below fair value)
No single metric tells the full story. See the CHIX:STGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Tobacco Group AS Business Description
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.
65GF Score
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