CMB.Tech NVCMBT +3.63%84 3-Year ROIIC % is 2.98 as of Dec. 2025, which is 69% below its 10-year median of 9.73. GuruFocus rates CMBT with a GF Score™ of 84/100 and a GF Value™ of $18.33 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 925 Oil & Gas companies, CMB.Tech NV ranks better than 57.62% 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.
CMB.Tech NV's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CMB.Tech NV's 3-Year ROIIC % or its related term are showing as below:
CMBT's 3-Year ROIIC % is ranked better than 57.62% of 925
companies
in the Oil & Gas industry
Industry Median: 0.01
vs CMBT: 2.98
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.
CMB.Tech NV 3-Year ROIIC % Related Terms
CMB.Tech NV 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for CMB.Tech NV'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.
For the Oil & Gas Midstream subindustry, CMB.Tech NV'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.
CMB.Tech NV 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CMB.Tech NV's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CMB.Tech NV'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.
CMB.Tech NV (CMBT) has a 3-Year ROIIC % of 2.98 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 CMB.Tech NV and its competitors. This is 69% below median its historical median of 9.73. According to the industry distribution chart, CMB.Tech NV ranks #392 out of 925 companies in the Oil & Gas industry, placing it in the top 42.4%.
Is CMB.Tech NV's 3-Year ROIIC % too high?
CMB.Tech NV's current 3-Year ROIIC % of 2.98 is 69% below median its 10-year median of 9.73. The Oil & Gas industry median 3-Year ROIIC % is 0.01. CMB.Tech NV's value of 2.98 is 29700% above this industry median. Based on the distribution chart, CMB.Tech NV ranks #392 out of 925 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, CMB.Tech NV has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMB.Tech NV's 3-Year ROIIC % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, CMB.Tech NV ranks #392 out of 925 companies for 3-Year ROIIC %. This puts CMB.Tech NV in the upper half of its industry. The industry median 3-Year ROIIC % is 0.01. CMB.Tech NV's value of 2.98 is 29700% above this benchmark. While the company's 10-year median is 9.73 vs. the industry median of 0.01, CMB.Tech NV has consistently been above the industry average. 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?
The median 3-Year ROIIC % among Oil & Gas companies is 0.01, based on 925 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. CMB.Tech NV's current 3-Year ROIIC % of 2.98 is 29700% 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 CMB.Tech NV and its competitors. For the Oil & Gas industry, the median 3-Year ROIIC % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMB.Tech NV's current 3-Year ROIIC % is 2.98, which is 69% below median its own 10-year median of 9.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMB.Tech NV stock overvalued right now?
Based on GuruFocus' analysis, CMB.Tech NV (CMBT) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.33, compared to a current price of $14.56 — trading 20.6% below its estimated fair value. The current 3-Year ROIIC % is 2.98, which is 69% below median its 10-year median of 9.73 and 29700% above the Oil & Gas industry median of 0.01. CMB.Tech NV's overall GF Score™ is 84/100 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 CMB.Tech NV (CMBT), the current 3-Year ROIIC % is 2.98 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 CMB.Tech NV (CMBT) Overvalued in 2026?
Based on GuruFocus' analysis, CMB.Tech NV stock appears to be undervalued.
The current stock price of $14.56 is trading 20.6% below its estimated GF Value™ of $18.33.
GuruFocus considers CMB.Tech NV to be Modestly Undervalued.
Key valuation signals for CMBT:
3-Year ROIIC %: 2.98 (69% below median its 10-year median of 9.73)
GF Value™: $18.33 vs. price of $14.56 (20.6% below fair value)
Industry Position: 29700% above the Oil & Gas median (#392 of 925)
No single metric tells the full story. See the CMBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue which builds, owns, operates and designs a wide range of low and zerocarbon ships and features a fleet with vessels such as Crew Transfer Vessels, ferries, Commissioning Service Operations Vessels, and tugboats, alongside ammonia-powered large bulk carriers, container ships, chemical and crude oil tankers.
84GF Score
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