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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.
Avante's 3-Year ROIIC % for the quarter that ended in Mar. 2025 was -4.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Avante's 3-Year ROIIC % or its related term are showing as below:
FRA:H93's 3-Year ROIIC % is ranked worse than 68.51% of 1010
companies
in the Business Services industry
Industry Median: 4.995
vs FRA:H93: -4.06
Avante (FRA:H93) 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.
Avante 3-Year ROIIC % Related Terms
Avante 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Avante'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:H93 vs ALLE, MSA, ADT: 3-Year ROIIC % Comparison
For the Security & Protection Services subindustry, Avante'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.
Avante 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Avante's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Avante's 3-Year ROIIC % falls into.
Avante's 3-Year ROIIC % for the quarter that ended in Mar. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.316 (Mar. 2025) - -0.992 (Mar. 2022) )
/
( 9.297 (Mar. 2025) - 26.126 (Mar. 2022) )
=
0.676
/
-16.829
=
-4.02%***
* 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.
Avante (FRA:H93) has a 3-Year ROIIC % of -4.06 as of Mar. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Avante and its competitors. According to the industry distribution chart, Avante ranks #692 out of 1010 companies in the Business Services industry, placing it in the top 68.5%.
Is Avante's 3-Year ROIIC % too high?
Avante's current 3-Year ROIIC % is -4.06. Based on the distribution chart, Avante ranks #692 out of 1010 companies in the Business Services industry, which is below the industry midpoint. Overall, Avante has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Avante's 3-Year ROIIC % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Avante ranks #692 out of 1010 companies for 3-Year ROIIC %. This places Avante in the lower half of its industry. The industry median 3-Year ROIIC % is 5.00. 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 a Business Services company?
The median 3-Year ROIIC % among Business Services companies is 5.00, based on 1,010 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 Avante and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avante's current 3-Year ROIIC % is -4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avante stock overvalued right now?
Avante (FRA:H93) has a current 3-Year ROIIC % of -4.06. The stock's GF Value™ is €0.66, compared to a current price of €1.07 — trading 61.8% above its estimated fair value. The current 3-Year ROIIC % is -4.06. Avante's overall GF Score™ is 57/100 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 Avante (FRA:H93), the current 3-Year ROIIC % is -4.06 as of Mar. 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 Avante (FRA:H93) Overvalued in 2026?
Based on GuruFocus' analysis, Avante stock appears to be overvalued.
The current stock price of €1.07 is trading 61.8% above its estimated GF Value™ of €0.66.
Key valuation signals for FRA:H93:
3-Year ROIIC %: -4.06
GF Value™: €0.66 vs. price of €1.07 (61.8% above fair value)
No single metric tells the full story. See the FRA:H93 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its reportable segments are Avante Security and NSSG. The majority of its revenue is derived from the Avante Security segment, which provides premium security services for residential customers in Toronto and Muskoka, Ontario. Avante Security's business provides a complete offering ranging from system design, sales, installations, and monitoring to services such as alarm response and patrols, personal protection, house staff training, and secure transportation. Geographically, the company generates maximum revenue from Canada, and the rest from the USA, Egypt, Ukraine, Germany, and other markets.
57GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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