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Heliad AGFRA:A7A +0.70%59 3-Year ROIIC % is -22.14 as of Dec. 2025. GuruFocus rates FRA:A7A with a GF Score™ of 59/100 and a GF Value™ of €3.81 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 656 Asset Management companies, Heliad AG ranks worse than 80.03% 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.
Heliad AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -22.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Heliad AG's 3-Year ROIIC % or its related term are showing as below:
FRA:A7A's 3-Year ROIIC % is ranked worse than 80.03% of 656
companies
in the Asset Management industry
Industry Median: 1.845
vs FRA:A7A: -22.14
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.
Heliad AG 3-Year ROIIC % Related Terms
Heliad AG 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Heliad AG'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:A7A vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Heliad AG'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.
Heliad AG 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Heliad AG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Heliad AG'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.
Heliad AG (FRA:A7A) has a 3-Year ROIIC % of -22.14 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 Heliad AG and its competitors. According to the industry distribution chart, Heliad AG ranks #525 out of 656 companies in the Asset Management industry, placing it in the top 80%.
Is Heliad AG's 3-Year ROIIC % too high?
Heliad AG's current 3-Year ROIIC % is -22.14. Based on the distribution chart, Heliad AG ranks #525 out of 656 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Heliad AG has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heliad AG's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Heliad AG ranks #525 out of 656 companies for 3-Year ROIIC %. This places Heliad AG in the lower half of its industry. The industry median 3-Year ROIIC % is 1.85. 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 Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 1.85, based on 656 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 Heliad AG and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heliad AG's current 3-Year ROIIC % is -22.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heliad AG stock overvalued right now?
Based on GuruFocus' analysis, Heliad AG (FRA:A7A) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.81, compared to a current price of €14.40 — trading 278% above its estimated fair value. The current 3-Year ROIIC % is -22.14. Heliad AG's overall GF Score™ is 59/100 with 11 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 Heliad AG (FRA:A7A), the current 3-Year ROIIC % is -22.14 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 Heliad AG (FRA:A7A) Overvalued in 2026?
Based on GuruFocus' analysis, Heliad AG stock appears to be overvalued.
The current stock price of €14.40 is trading 278% above its estimated GF Value™ of €3.81.
GuruFocus considers Heliad AG to be Significantly Overvalued.
Key valuation signals for FRA:A7A:
3-Year ROIIC %: -22.14
GF Value™: €3.81 vs. price of €14.40 (278% above fair value)
No single metric tells the full story. See the FRA:A7A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heliad AG is an investment company. It makes investments with a long investment horizon in high-growth technology companies, providing them long-term support before, during, and after an IPO, and facilitates their access to public capital markets. The company's structure allows it to act independently of the restrictions of customary financing terms and offers shareholders access to market returns even before the IPO, without restrictions or limitations on the size of the investments and term commitments for the shareholders.
59GF Score
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