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Amber Grid ABFRA:AMH 53 3-Year ROIIC % is 9.15 as of Dec. 2025, which is 747% above its 10-year median of 1.08. GuruFocus rates FRA:AMH with a GF Score™ of 53/100 and a GF Value™ of €1.28. The stock has 11 warning signs investors should review. Among 477 Utilities - Regulated companies, Amber Grid AB ranks better than 68.13% 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.
Amber Grid AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 9.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Amber Grid AB's 3-Year ROIIC % or its related term are showing as below:
FRA:AMH's 3-Year ROIIC % is ranked better than 68.13% of 477
companies
in the Utilities - Regulated industry
Industry Median: 4.02
vs FRA:AMH: 9.15
Amber Grid AB (FRA:AMH) 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.
Amber Grid AB 3-Year ROIIC % Related Terms
Amber Grid AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Amber Grid 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.
FRA:AMH vs ATO, NI, UGI: 3-Year ROIIC % Comparison
For the Utilities - Regulated Gas subindustry, Amber Grid 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.
Amber Grid AB 3-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Amber Grid AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Amber Grid AB's 3-Year ROIIC % falls into.
Amber Grid 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**
=
( 2.516 (Dec. 2025) - 15.849216 (Dec. 2022) )
/
( 382.772 (Dec. 2025) - 528.448 (Dec. 2022) )
=
-13.333216
/
-145.676
=
9.15%***
* 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.
Amber Grid AB (FRA:AMH) has a 3-Year ROIIC % of 9.15 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 Amber Grid AB and its competitors. This is 747% above median its historical median of 1.08. According to the industry distribution chart, Amber Grid AB ranks #152 out of 477 companies in the Utilities - Regulated industry, placing it in the top 31.9%.
Is Amber Grid AB's 3-Year ROIIC % too high?
Amber Grid AB's current 3-Year ROIIC % of 9.15 is 747% above median its 10-year median of 1.08. The Utilities - Regulated industry median 3-Year ROIIC % is 4.02. Amber Grid AB's value of 9.15 is 127.6% above this industry median. Based on the distribution chart, Amber Grid AB ranks #152 out of 477 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Amber Grid AB has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Amber Grid AB's 3-Year ROIIC % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Amber Grid AB ranks #152 out of 477 companies for 3-Year ROIIC %. This puts Amber Grid AB in the upper half of its industry. The industry median 3-Year ROIIC % is 4.02. Amber Grid AB's value of 9.15 is 127.6% above this benchmark. While the company's 10-year median is 1.08 vs. the industry median of 4.02, Amber Grid 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 an Utilities - Regulated company?
The median 3-Year ROIIC % among Utilities - Regulated companies is 4.02, based on 477 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. Amber Grid AB's current 3-Year ROIIC % of 9.15 is 127.6% 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 Amber Grid AB and its competitors. For the Utilities - Regulated industry, the median 3-Year ROIIC % is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amber Grid AB's current 3-Year ROIIC % is 9.15, which is 747% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amber Grid AB stock overvalued right now?
Amber Grid AB (FRA:AMH) has a current 3-Year ROIIC % of 9.15. The stock's GF Value™ is €1.28, compared to a current price of €1.10 — trading 14.1% below its estimated fair value. The current 3-Year ROIIC % is 9.15, which is 747% above median its 10-year median of 1.08 and 127.6% above the Utilities - Regulated industry median of 4.02. Amber Grid AB's overall GF Score™ is 53/100 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 Amber Grid AB (FRA:AMH), the current 3-Year ROIIC % is 9.15 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 Amber Grid AB (FRA:AMH) Overvalued in 2026?
Based on GuruFocus' analysis, Amber Grid AB stock appears to be undervalued.
The current stock price of €1.10 is trading 14.1% below its estimated GF Value™ of €1.28.
Key valuation signals for FRA:AMH:
3-Year ROIIC %: 9.15 (747% above median its 10-year median of 1.08)
GF Value™: €1.28 vs. price of €1.10 (14.1% below fair value)
Industry Position: 127.6% above the Utilities - Regulated median (#152 of 477)
No single metric tells the full story. See the FRA:AMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amber Grid AB is the gas transmission system operator in Lithuania, which ensures reliable and safe transporting of natural gas to its consumers through high pressure gas pipelines. The company is responsible for the operation, maintenance and development of the Lithuanian gas transmission infrastructure consisting of a network of nearly 2,300 km-long gas pipelines and two gas compressor stations. The company has one operating segment, i.e. the natural gas transmission segment. It has a single geographical segment the Republic of Lithuania.
53GF Score
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