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What is Grayscale Decentralized Finance (DeFi) Fund LLC 3-Year ROIIC %?
Grayscale Decentralized Finance (DeFi) Fund LLCDEFG 36 3-Year ROIIC % is 18.16 as of Jun. 2025, which is at its 10-year median of 18.16. GuruFocus rates DEFG with a GF Score™ of 36/100. Among 657 Asset Management companies, Grayscale Decentralized Finance (DeFi) Fund LLC ranks better than 68.95% 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.
Grayscale Decentralized Finance (DeFi) Fund LLC's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 18.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Grayscale Decentralized Finance (DeFi) Fund LLC 3-Year ROIIC % Related Terms
Grayscale Decentralized Finance (DeFi) Fund LLC 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.
Grayscale Decentralized Finance (DeFi) Fund LLC 3-Year ROIIC % Chart
Grayscale Decentralized Finance (DeFi) Fund LLC Annual Data
Trend
Jun22
Jun23
Jun24
Jun25
3-Year ROIIC %
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0.00
0.00
18.16
Grayscale Decentralized Finance (DeFi) Fund LLC Quarterly Data
DEFG vs BNBX, SVVC, LGCP: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Grayscale Decentralized Finance (DeFi) Fund LLC'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.
Grayscale Decentralized Finance (DeFi) Fund LLC 3-Year ROIIC % vs Asset Management Industry
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.225 (Jun. 2025) - -0.498 (Jun. 2022) )
/
( 4.408 (Jun. 2025) - 2.905 (Jun. 2022) )
=
0.273
/
1.503
=
18.16%***
* 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.
Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) has a 3-Year ROIIC % of 18.16 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Grayscale Decentralized Finance (DeFi) Fund LLC and its competitors. This is near median its historical median of 18.16. Over the past decade, Grayscale Decentralized Finance (DeFi) Fund LLC's 3-Year ROIIC % has ranged from 18.16 to 18.16. According to the industry distribution chart, Grayscale Decentralized Finance (DeFi) Fund LLC ranks #204 out of 657 companies in the Asset Management industry, placing it in the top 31.1%.
Is Grayscale Decentralized Finance (DeFi) Fund LLC's 3-Year ROIIC % too high?
Grayscale Decentralized Finance (DeFi) Fund LLC's current 3-Year ROIIC % of 18.16 is near median its 10-year median of 18.16. Over the past 10 years, this metric has ranged from a low of 18.16 to a high of 18.16. The Asset Management industry median 3-Year ROIIC % is 1.94. Grayscale Decentralized Finance (DeFi) Fund LLC's value of 18.16 is 836.1% above this industry median. Based on the distribution chart, Grayscale Decentralized Finance (DeFi) Fund LLC ranks #204 out of 657 companies in the Asset Management industry, which is above the industry midpoint. Overall, Grayscale Decentralized Finance (DeFi) Fund LLC has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Grayscale Decentralized Finance (DeFi) Fund LLC's 3-Year ROIIC % compare to BNBX and SVVC?
According to the Asset Management industry distribution chart, Grayscale Decentralized Finance (DeFi) Fund LLC ranks #204 out of 657 companies for 3-Year ROIIC %. This puts Grayscale Decentralized Finance (DeFi) Fund LLC in the upper half of its industry. The industry median 3-Year ROIIC % is 1.94. Grayscale Decentralized Finance (DeFi) Fund LLC's value of 18.16 is 836.1% above this benchmark. Historically, Grayscale Decentralized Finance (DeFi) Fund LLC's own 3-Year ROIIC % has ranged from 18.16 to 18.16 over the past decade. While the company's 10-year median is 18.16 vs. the industry median of 1.94, Grayscale Decentralized Finance (DeFi) Fund LLC 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 Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 1.94, based on 657 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. Grayscale Decentralized Finance (DeFi) Fund LLC's current 3-Year ROIIC % of 18.16 is 836.1% 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 Grayscale Decentralized Finance (DeFi) Fund LLC and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Decentralized Finance (DeFi) Fund LLC's current 3-Year ROIIC % is 18.16, which is near median its own 10-year median of 18.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Decentralized Finance (DeFi) Fund LLC stock overvalued right now?
Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) has a current 3-Year ROIIC % of 18.16. The current 3-Year ROIIC % is 18.16, which is near median its 10-year median of 18.16 and 836.1% above the Asset Management industry median of 1.94. Grayscale Decentralized Finance (DeFi) Fund LLC's overall GF Score™ is 36/100. 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 Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG), the current 3-Year ROIIC % is 18.16 as of Jun. 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.
Grayscale Decentralized Finance (DeFi) Fund LLC Business Description
Grayscale Decentralized Finance (DeFi) Fund LLC is an investment vehicle that invests in and derives value from a basket of decentralized finance applications in the form of a security while avoiding the challenges of buying, storing, and safekeeping DeFi directly. Its investment objective is for the value of the Shares (based on NAV per Share) to reflect the value of the fund components as determined by reference to their respective digital asset reference rates and fund weightings, less the fund's expenses and other liabilities. The fund components consist of the digital assets that make up the DFX (CoinDesk DeFi Select Index) as rebalanced from time to time.
36GF Score
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