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Bong ABFRA:20L -9.76%40 3-Year ROIIC % is 119.26 as of Dec. 2025, which is 4728% above its 10-year median of 2.47. GuruFocus rates FRA:20L with a GF Score™ of 40/100 and a GF Value™ of €0.03. The stock has 4 warning signs investors should review. Among 384 Packaging & Containers companies, Bong AB ranks better than 94.27% 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.
Bong AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 119.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bong AB's 3-Year ROIIC % or its related term are showing as below:
FRA:20L's 3-Year ROIIC % is ranked better than 94.27% of 384
companies
in the Packaging & Containers industry
Industry Median: 1.275
vs FRA:20L: 119.26
Bong AB (FRA:20L) 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.
Bong AB 3-Year ROIIC % Related Terms
Bong AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bong AB'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 Packaging & Containers subindustry, Bong AB'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.
Bong AB 3-Year ROIIC % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Bong AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bong AB's 3-Year ROIIC % falls into.
Bong AB'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**
=
( 1.155 (Dec. 2025) - 7.2378903 (Dec. 2022) )
/
( 111.977 (Dec. 2025) - 115.953 (Dec. 2022) )
=
-6.0828903
/
-3.976
=
152.99%***
* 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.
Bong AB (FRA:20L) has a 3-Year ROIIC % of 119.26 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 Bong AB and its competitors. This is 4728% above median its historical median of 2.47. According to the industry distribution chart, Bong AB ranks #22 out of 384 companies in the Packaging & Containers industry, placing it in the top 5.7%.
Is Bong AB's 3-Year ROIIC % too high?
Bong AB's current 3-Year ROIIC % of 119.26 is 4728% above median its 10-year median of 2.47. The Packaging & Containers industry median 3-Year ROIIC % is 1.28. Bong AB's value of 119.26 is 9253.7% above this industry median. Based on the distribution chart, Bong AB ranks #22 out of 384 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Bong AB has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Bong AB's 3-Year ROIIC % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bong AB ranks #22 out of 384 companies for 3-Year ROIIC %. This places Bong AB in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.28. Bong AB's value of 119.26 is 9253.7% above this benchmark. While the company's 10-year median is 2.47 vs. the industry median of 1.28, Bong AB 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 Packaging & Containers company?
The median 3-Year ROIIC % among Packaging & Containers companies is 1.28, based on 384 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. Bong AB's current 3-Year ROIIC % of 119.26 is 9253.7% 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 Bong AB and its competitors. For the Packaging & Containers industry, the median 3-Year ROIIC % is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bong AB's current 3-Year ROIIC % is 119.26, which is 4728% above median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bong AB stock overvalued right now?
Bong AB (FRA:20L) has a current 3-Year ROIIC % of 119.26. The stock's GF Value™ is €0.03, compared to a current price of €0.01 — trading 50.7% below its estimated fair value. The current 3-Year ROIIC % is 119.26, which is 4728% above median its 10-year median of 2.47 and 9253.7% above the Packaging & Containers industry median of 1.28. Bong AB's overall GF Score™ is 40/100 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 Bong AB (FRA:20L), the current 3-Year ROIIC % is 119.26 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 Bong AB (FRA:20L) Overvalued in 2026?
Based on GuruFocus' analysis, Bong AB stock appears to be undervalued.
The current stock price of €0.01 is trading 50.7% below its estimated GF Value™ of €0.03.
Key valuation signals for FRA:20L:
3-Year ROIIC %: 119.26 (4728% above median its 10-year median of 2.47)
GF Value™: €0.03 vs. price of €0.01 (50.7% below fair value)
Industry Position: 9253.7% above the Packaging & Containers median (#22 of 384)
No single metric tells the full story. See the FRA:20L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bong AB is a Sweden-based company providing specialized packaging and envelope products. It also offers solutions for the distribution and packaging of information, advertising materials, and lightweight goods. It offers a variety of shapes and sizes in the envelopes, including standard and customized envelopes, gift packaging, and retail packaging products. The operating segments of the company related to its geographical areas of operations and include Nordic, Central Europe, South Europe and North Africa, and the United Kingdom. The majority of its revenue is generated from the Central Europe region, which includes revenue generated from its business in Germany, Poland, Belgium, and Romania.
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