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Conrad Asia EnergyFRA:3MD 27 3-Year ROIIC % is 79.04 as of Dec. 2025, which is at its 10-year median of 79.04. GuruFocus rates FRA:3MD with a GF Score™ of 27/100. The stock has 4 warning signs investors should review. Among 923 Oil & Gas companies, Conrad Asia Energy ranks better than 89.71% 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.
Conrad Asia Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 79.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Conrad Asia Energy's 3-Year ROIIC % or its related term are showing as below:
FRA:3MD's 3-Year ROIIC % is ranked better than 89.71% of 923
companies
in the Oil & Gas industry
Industry Median: 0.01
vs FRA:3MD: 79.04
Conrad Asia Energy (FRA:3MD) 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.
Conrad Asia Energy 3-Year ROIIC % Related Terms
Conrad Asia Energy 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Conrad Asia Energy'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:3MD vs COP, EOG, FANG: 3-Year ROIIC % Comparison
For the Oil & Gas E&P subindustry, Conrad Asia Energy'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.
Conrad Asia Energy 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Conrad Asia Energy's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Conrad Asia Energy's 3-Year ROIIC % falls into.
Conrad Asia Energy'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**
=
( -3.645 (Dec. 2025) - -15.649 (Dec. 2022) )
/
( 36.011 (Dec. 2025) - 25.802 (Dec. 2022) )
=
12.004
/
10.209
=
117.58%***
* 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.
Conrad Asia Energy (FRA:3MD) has a 3-Year ROIIC % of 79.04 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 Conrad Asia Energy and its competitors. This is near median its historical median of 79.04. Over the past decade, Conrad Asia Energy's 3-Year ROIIC % has ranged from 79.04 to 79.04. According to the industry distribution chart, Conrad Asia Energy ranks #95 out of 923 companies in the Oil & Gas industry, placing it in the top 10.3%.
Is Conrad Asia Energy's 3-Year ROIIC % too high?
Conrad Asia Energy's current 3-Year ROIIC % of 79.04 is near median its 10-year median of 79.04. Over the past 10 years, this metric has ranged from a low of 79.04 to a high of 79.04. The Oil & Gas industry median 3-Year ROIIC % is 0.01. Conrad Asia Energy's value of 79.04 is 790300% above this industry median. Based on the distribution chart, Conrad Asia Energy ranks #95 out of 923 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Conrad Asia Energy has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Conrad Asia Energy's 3-Year ROIIC % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Conrad Asia Energy ranks #95 out of 923 companies for 3-Year ROIIC %. This places Conrad Asia Energy in the top 10% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 0.01. Conrad Asia Energy's value of 79.04 is 790300% above this benchmark. Historically, Conrad Asia Energy's own 3-Year ROIIC % has ranged from 79.04 to 79.04 over the past decade. While the company's 10-year median is 79.04 vs. the industry median of 0.01, Conrad Asia Energy 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 Oil & Gas company?
The median 3-Year ROIIC % among Oil & Gas companies is 0.01, based on 923 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. Conrad Asia Energy's current 3-Year ROIIC % of 79.04 is 790300% 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 Conrad Asia Energy and its competitors. For the Oil & Gas industry, the median 3-Year ROIIC % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conrad Asia Energy's current 3-Year ROIIC % is 79.04, which is near median its own 10-year median of 79.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conrad Asia Energy stock overvalued right now?
Conrad Asia Energy (FRA:3MD) has a current 3-Year ROIIC % of 79.04. The current 3-Year ROIIC % is 79.04, which is near median its 10-year median of 79.04 and 790300% above the Oil & Gas industry median of 0.01. Conrad Asia Energy's overall GF Score™ is 27/100 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 Conrad Asia Energy (FRA:3MD), the current 3-Year ROIIC % is 79.04 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.
Conrad Asia Energy Ltd is engaged in the oil and gas exploration and development business. It's an energy company currently focused on the exploration, appraisal, and development of natural gas projects in Southeast Asia, particularly in offshore waters.
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