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Edison SpAFRA:EDXR 60 3-Year ROIIC % is -8.86 as of Dec. 2025. GuruFocus rates FRA:EDXR with a GF Score™ of 60/100 and a GF Value™ of €1.77 (Fairly Valued). The stock has 6 warning signs investors should review. Among 923 Oil & Gas companies, Edison SpA ranks worse than 62.08% 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.
Edison SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -8.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Edison SpA's 3-Year ROIIC % or its related term are showing as below:
FRA:EDXR's 3-Year ROIIC % is ranked worse than 62.08% of 923
companies
in the Oil & Gas industry
Industry Median: -0.33
vs FRA:EDXR: -8.86
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.
Edison SpA 3-Year ROIIC % Related Terms
Edison SpA 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Edison SpA'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 Oil & Gas Integrated subindustry, Edison SpA'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.
Edison SpA 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Edison SpA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Edison SpA's 3-Year ROIIC % falls into.
Edison SpA'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**
=
( 555.525 (Dec. 2025) - 216.4782 (Dec. 2022) )
/
( 8868 (Dec. 2025) - 12693 (Dec. 2022) )
=
339.0468
/
-3825
=
-8.86%***
* 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.
Edison SpA (FRA:EDXR) has a 3-Year ROIIC % of -8.86 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 Edison SpA and its competitors. According to the industry distribution chart, Edison SpA ranks #573 out of 923 companies in the Oil & Gas industry, placing it in the top 62.1%.
Is Edison SpA's 3-Year ROIIC % too high?
Edison SpA's current 3-Year ROIIC % is -8.86. Based on the distribution chart, Edison SpA ranks #573 out of 923 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Edison SpA has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Edison SpA's 3-Year ROIIC % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Edison SpA ranks #573 out of 923 companies for 3-Year ROIIC %. This places Edison SpA in the lower half of its industry. 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?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. 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 Edison SpA and its competitors. Edison SpA's current 3-Year ROIIC % is -8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edison SpA stock overvalued right now?
Based on GuruFocus' analysis, Edison SpA (FRA:EDXR) is currently considered Fairly Valued. The stock's GF Value™ is €1.77, compared to a current price of €1.83 — trading 3.2% above its estimated fair value. The current 3-Year ROIIC % is -8.86. Edison SpA's overall GF Score™ is 60/100 with 6 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 Edison SpA (FRA:EDXR), the current 3-Year ROIIC % is -8.86 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 Edison SpA (FRA:EDXR) Overvalued in 2026?
Based on GuruFocus' analysis, Edison SpA stock appears to be overvalued.
The current stock price of €1.83 is trading 3.2% above its estimated GF Value™ of €1.77.
GuruFocus considers Edison SpA to be Fairly Valued.
Key valuation signals for FRA:EDXR:
3-Year ROIIC %: -8.86
GF Value™: €1.77 vs. price of €1.83 (3.2% above fair value)
No single metric tells the full story. See the FRA:EDXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Edison SpA is an Italian energy operator. It is principally engaged in procurement, production, and sale and supplying electricity, gas and energy, and environmental services to families and businesses. The company's segment includes Generation & Flexibility, Gas Supply & Development of Green Gases, Clients & Services, and Corporate & Environmental Remediation. The firm derives the majority of its revenue from Gas Supply & Development of Green Gases, which includes midstream gas activities, such as the development of gas transportation infrastructure, the management of procurement contracts and sales to wholesale customers.
60GF Score
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