KebNi ABFRA:KEN -0.68%60 3-Year ROIIC % is 259.08 as of Dec. 2025. GuruFocus rates FRA:KEN with a GF Score™ of 60/100 and a GF Value™ of €0.14 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 320 Aerospace & Defense companies, KebNi AB ranks better than 94.37% 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.
KebNi AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 259.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for KebNi AB's 3-Year ROIIC % or its related term are showing as below:
FRA:KEN's 3-Year ROIIC % is ranked better than 94.37% of 320
companies
in the Aerospace & Defense industry
Industry Median: 3.79
vs FRA:KEN: 259.08
KebNi AB (FRA:KEN) 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.
KebNi AB 3-Year ROIIC % Related Terms
KebNi AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for KebNi 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:KEN vs SPCX, GE, RTX: 3-Year ROIIC % Comparison
For the Aerospace & Defense subindustry, KebNi 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.
KebNi AB 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, KebNi AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where KebNi AB's 3-Year ROIIC % falls into.
KebNi 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**
=
( 0.225 (Dec. 2025) - -5.708 (Dec. 2022) )
/
( 6.298 (Dec. 2025) - 3.945 (Dec. 2022) )
=
5.933
/
2.353
=
252.15%***
* 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.
KebNi AB (FRA:KEN) has a 3-Year ROIIC % of 259.08 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 KebNi AB and its competitors. According to the industry distribution chart, KebNi AB ranks #18 out of 320 companies in the Aerospace & Defense industry, placing it in the top 5.6%.
Is KebNi AB's 3-Year ROIIC % too high?
KebNi AB's current 3-Year ROIIC % is 259.08. The Aerospace & Defense industry median 3-Year ROIIC % is 3.79. KebNi AB's value of 259.08 is 6735.9% above this industry median. Based on the distribution chart, KebNi AB ranks #18 out of 320 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, KebNi AB has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KebNi AB's 3-Year ROIIC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, KebNi AB ranks #18 out of 320 companies for 3-Year ROIIC %. This places KebNi AB in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.79. KebNi AB's value of 259.08 is 6735.9% above this benchmark. 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 Aerospace & Defense company?
The median 3-Year ROIIC % among Aerospace & Defense companies is 3.79, based on 320 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. KebNi AB's current 3-Year ROIIC % of 259.08 is 6735.9% 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 KebNi AB and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KebNi AB's current 3-Year ROIIC % is 259.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KebNi AB stock overvalued right now?
Based on GuruFocus' analysis, KebNi AB (FRA:KEN) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.14, compared to a current price of €0.09 — trading 37.4% below its estimated fair value. The current 3-Year ROIIC % is 259.08 and 6735.9% above the Aerospace & Defense industry median of 3.79. KebNi AB's overall GF Score™ is 60/100 with 3 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 KebNi AB (FRA:KEN), the current 3-Year ROIIC % is 259.08 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 KebNi AB (FRA:KEN) Overvalued in 2026?
Based on GuruFocus' analysis, KebNi AB stock appears to be undervalued.
The current stock price of €0.09 is trading 37.4% below its estimated GF Value™ of €0.14.
GuruFocus considers KebNi AB to be Significantly Undervalued.
Key valuation signals for FRA:KEN:
3-Year ROIIC %: 259.08
GF Value™: €0.14 vs. price of €0.09 (37.4% below fair value)
Industry Position: 6735.9% above the Aerospace & Defense median (#18 of 320)
No single metric tells the full story. See the FRA:KEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KebNi AB is a supplier of reliable technology, products and solutions for safety, positioning and stabilization. The company develops, produces and offers products and applications for stabilization, navigation and satcom. Kebni targets governmental, military and commercial sectors. Its product includes Inertial Sensing and Satcom. It operates in Sweden, Europe and Asia.
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