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.
Appeninn Vagyonkezelo Holding Nyrt's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 13.70%. 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.
Appeninn Vagyonkezelo Holding Nyrt 3-Year ROIIC % Related Terms
Appeninn Vagyonkezelo Holding Nyrt 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.
For the Real Estate - Diversified subindustry, Appeninn Vagyonkezelo Holding Nyrt'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.
Appeninn Vagyonkezelo Holding Nyrt 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Appeninn Vagyonkezelo Holding Nyrt's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Appeninn Vagyonkezelo Holding Nyrt's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 12.4983508 (Dec. 2025) - 4.003845 (Dec. 2022) )
/
( 185.199 (Dec. 2025) - 133.075 (Dec. 2022) )
=
8.4945058
/
52.124
=
16.30%***
* 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.
Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP) has a 3-Year ROIIC % of 13.70 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 Appeninn Vagyonkezelo Holding Nyrt and its competitors. This is 996% above median its historical median of 1.25. According to the industry distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #360 out of 1666 companies in the Real Estate industry, placing it in the top 21.6%.
Is Appeninn Vagyonkezelo Holding Nyrt's 3-Year ROIIC % too high?
Appeninn Vagyonkezelo Holding Nyrt's current 3-Year ROIIC % of 13.70 is 996% above median its 10-year median of 1.25. The Real Estate industry median 3-Year ROIIC % is 2.35. Appeninn Vagyonkezelo Holding Nyrt's value of 13.70 is 483% above this industry median. Based on the distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #360 out of 1666 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Appeninn Vagyonkezelo Holding Nyrt has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Appeninn Vagyonkezelo Holding Nyrt's 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #360 out of 1666 companies for 3-Year ROIIC %. This places Appeninn Vagyonkezelo Holding Nyrt in the top 22% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. Appeninn Vagyonkezelo Holding Nyrt's value of 13.70 is 483% above this benchmark. While the company's 10-year median is 1.25 vs. the industry median of 2.35, Appeninn Vagyonkezelo Holding Nyrt 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 a Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.35, based on 1,666 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. Appeninn Vagyonkezelo Holding Nyrt's current 3-Year ROIIC % of 13.70 is 483% 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 Appeninn Vagyonkezelo Holding Nyrt and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appeninn Vagyonkezelo Holding Nyrt's current 3-Year ROIIC % is 13.70, which is 996% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appeninn Vagyonkezelo Holding Nyrt stock overvalued right now?
Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP) has a current 3-Year ROIIC % of 13.70. The stock's GF Value™ is €2.27, compared to a current price of €1.53 — trading 32.7% below its estimated fair value. The current 3-Year ROIIC % is 13.70, which is 996% above median its 10-year median of 1.25 and 483% above the Real Estate industry median of 2.35. Appeninn Vagyonkezelo Holding Nyrt's overall GF Score™ is 66/100 with 4 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 Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP), the current 3-Year ROIIC % is 13.70 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 Appeninn Vagyonkezelo Holding Nyrt (FRA:0AP) Overvalued in 2026?
Based on GuruFocus' analysis, Appeninn Vagyonkezelo Holding Nyrt stock appears to be undervalued.
The current stock price of €1.53 is trading 32.7% below its estimated GF Value™ of €2.27.
Key valuation signals for FRA:0AP:
3-Year ROIIC %: 13.70 (996% above median its 10-year median of 1.25)
GF Value™: €2.27 vs. price of €1.53 (32.7% below fair value)
Industry Position: 483% above the Real Estate median (#360 of 1666)
No single metric tells the full story. See the FRA:0AP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Appeninn Vagyonkezelo Holding Nyrt Business Description
Appeninn Vagyonkezelo Holding Nyrt operates as a real estate investment and asset management company in Hungary. The Company's reportable segments are Office rental service, Logistics, commercial property rental services, and other segments. The company derives maximum revenue from office rentals.
66GF Score
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