EvoNext HoldingsELVAF -2.65%52 3-Year ROIIC % is -33.02 as of Dec. 2025. GuruFocus rates ELVAF with a GF Score™ of 52/100 and a GF Value™ of $1.28 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 168 Diversified Financial Services companies, EvoNext Holdings ranks worse than 77.98% 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.
EvoNext Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -33.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for EvoNext Holdings's 3-Year ROIIC % or its related term are showing as below:
ELVAF's 3-Year ROIIC % is ranked worse than 77.98% of 168
companies
in the Diversified Financial Services industry
Industry Median: 0.035
vs ELVAF: -33.02
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.
EvoNext Holdings 3-Year ROIIC % Related Terms
EvoNext Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for EvoNext Holdings'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.
ELVAF vs XXI, CCXI, DMII: 3-Year ROIIC % Comparison
For the Shell Companies subindustry, EvoNext Holdings'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.
EvoNext Holdings 3-Year ROIIC % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, EvoNext Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where EvoNext Holdings's 3-Year ROIIC % falls into.
EvoNext Holdings'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**
=
( -0.632 (Dec. 2025) - -43.358 (Dec. 2022) )
/
( 1.041 (Dec. 2025) - 130.573 (Dec. 2022) )
=
42.726
/
-129.532
=
-32.98%***
* 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.
EvoNext Holdings (ELVAF) has a 3-Year ROIIC % of -33.02 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 EvoNext Holdings and its competitors. According to the industry distribution chart, EvoNext Holdings ranks #131 out of 168 companies in the Diversified Financial Services industry, placing it in the top 78%.
Is EvoNext Holdings' 3-Year ROIIC % too high?
EvoNext Holdings' current 3-Year ROIIC % is -33.02. Based on the distribution chart, EvoNext Holdings ranks #131 out of 168 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, EvoNext Holdings has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EvoNext Holdings' 3-Year ROIIC % compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, EvoNext Holdings ranks #131 out of 168 companies for 3-Year ROIIC %. This places EvoNext Holdings in the lower half of its industry. The industry median 3-Year ROIIC % is 0.04. 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 Diversified Financial Services company?
The median 3-Year ROIIC % among Diversified Financial Services companies is 0.04, based on 168 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 EvoNext Holdings and its competitors. For the Diversified Financial Services industry, the median 3-Year ROIIC % is 0.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EvoNext Holdings's current 3-Year ROIIC % is -33.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvoNext Holdings stock overvalued right now?
Based on GuruFocus' analysis, EvoNext Holdings (ELVAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.28, compared to a current price of $1.10 — trading 14.1% below its estimated fair value. The current 3-Year ROIIC % is -33.02. EvoNext Holdings' overall GF Score™ is 52/100 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 EvoNext Holdings (ELVAF), the current 3-Year ROIIC % is -33.02 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 EvoNext Holdings (ELVAF) Overvalued in 2026?
Based on GuruFocus' analysis, EvoNext Holdings stock appears to be undervalued.
The current stock price of $1.10 is trading 14.1% below its estimated GF Value™ of $1.28.
GuruFocus considers EvoNext Holdings to be Modestly Undervalued.
Key valuation signals for ELVAF:
3-Year ROIIC %: -33.02
GF Value™: $1.28 vs. price of $1.10 (14.1% below fair value)
No single metric tells the full story. See the ELVAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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