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Metawater CoFRA:2MW +1.18%93 3-Year ROIIC % is 5.44 as of Mar. 2026, which is 8% above its 10-year median of 5.05. GuruFocus rates FRA:2MW with a GF Score™ of 93/100 and a GF Value™ of €14.30 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,933 Industrial Products companies, Metawater Co ranks better than 54.21% 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.
Metawater Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Metawater Co's 3-Year ROIIC % or its related term are showing as below:
FRA:2MW's 3-Year ROIIC % is ranked better than 54.21% of 2933
companies
in the Industrial Products industry
Industry Median: 3.39
vs FRA:2MW: 5.44
Metawater Co (FRA:2MW) 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.
Metawater Co 3-Year ROIIC % Related Terms
Metawater Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Metawater Co'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.
FRA:2MW vs VLTO, ZWS, CECO: 3-Year ROIIC % Comparison
For the Pollution & Treatment Controls subindustry, Metawater Co'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.
Metawater Co 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Metawater Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Metawater Co'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.
Metawater Co (FRA:2MW) has a 3-Year ROIIC % of 5.44 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Metawater Co and its competitors. This is near median its historical median of 5.05. According to the industry distribution chart, Metawater Co ranks #1343 out of 2933 companies in the Industrial Products industry, placing it in the top 45.8%.
Is Metawater Co's 3-Year ROIIC % too high?
Metawater Co's current 3-Year ROIIC % of 5.44 is near median its 10-year median of 5.05. The Industrial Products industry median 3-Year ROIIC % is 3.39. Metawater Co's value of 5.44 is 60.5% above this industry median. Based on the distribution chart, Metawater Co ranks #1343 out of 2933 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Metawater Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metawater Co's 3-Year ROIIC % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Metawater Co ranks #1343 out of 2933 companies for 3-Year ROIIC %. This puts Metawater Co in the upper half of its industry. The industry median 3-Year ROIIC % is 3.39. Metawater Co's value of 5.44 is 60.5% above this benchmark. While the company's 10-year median is 5.05 vs. the industry median of 3.39, Metawater Co 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 Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.39, based on 2,933 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. Metawater Co's current 3-Year ROIIC % of 5.44 is 60.5% 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 Metawater Co and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metawater Co's current 3-Year ROIIC % is 5.44, which is near median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metawater Co stock overvalued right now?
Based on GuruFocus' analysis, Metawater Co (FRA:2MW) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.30, compared to a current price of €17.20 — trading 20.3% above its estimated fair value. The current 3-Year ROIIC % is 5.44, which is near median its 10-year median of 5.05 and 60.5% above the Industrial Products industry median of 3.39. Metawater Co's overall GF Score™ is 93/100 with 3 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 Metawater Co (FRA:2MW), the current 3-Year ROIIC % is 5.44 as of Mar. 2026. 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 Metawater Co (FRA:2MW) Overvalued in 2026?
Based on GuruFocus' analysis, Metawater Co stock appears to be overvalued.
The current stock price of €17.20 is trading 20.3% above its estimated GF Value™ of €14.30.
GuruFocus considers Metawater Co to be Modestly Overvalued.
Key valuation signals for FRA:2MW:
3-Year ROIIC %: 5.44 (near median its 10-year median of 5.05)
GF Value™: €14.30 vs. price of €17.20 (20.3% above fair value)
Industry Position: 60.5% above the Industrial Products median (#1343 of 2933)
No single metric tells the full story. See the FRA:2MW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metawater Co Ltd is a Japan-based company, which offers optimum solutions for creating a circulation of water recourses while focusing on the plant engineering business and service solution business. It manufactures mechanical and electrical equipment for water and wastewater treatment. The company operates in two segments; Plant Engineering segment, which involves in the design, procurement and sale of mechanical and electrical equipment, used in water purification plants and sewage treatment plants; and the Service Solution segment involves in the repair, maintenance and operation management of mechanical and electrical equipment used in water purification plants and sewage treatment plants, providing equipment inspection, repair, maintenance, and other services.
93GF Score
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