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SNGN RomgazFRA:RZ8B +0.29%85 3-Year ROIIC % is 14.87 as of Dec. 2025, which is 18% below its 10-year median of 18.21. GuruFocus rates FRA:RZ8B with a GF Score™ of 85/100 and a GF Value™ of €1.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 923 Oil & Gas companies, SNGN Romgaz ranks better than 73.13% 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.
SNGN Romgaz's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 14.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for SNGN Romgaz's 3-Year ROIIC % or its related term are showing as below:
FRA:RZ8B's 3-Year ROIIC % is ranked better than 73.13% of 923
companies
in the Oil & Gas industry
Industry Median: -0.33
vs FRA:RZ8B: 14.87
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.
SNGN Romgaz 3-Year ROIIC % Related Terms
SNGN Romgaz 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for SNGN Romgaz'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:RZ8B vs COP, EOG, FANG: 3-Year ROIIC % Comparison
For the Oil & Gas E&P subindustry, SNGN Romgaz'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.
SNGN Romgaz 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SNGN Romgaz's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where SNGN Romgaz'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.
SNGN Romgaz (FRA:RZ8B) has a 3-Year ROIIC % of 14.87 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 SNGN Romgaz and its competitors. This is 18% below median its historical median of 18.21. According to the industry distribution chart, SNGN Romgaz ranks #248 out of 923 companies in the Oil & Gas industry, placing it in the top 26.9%.
Is SNGN Romgaz's 3-Year ROIIC % too high?
SNGN Romgaz's current 3-Year ROIIC % of 14.87 is 18% below median its 10-year median of 18.21. Based on the distribution chart, SNGN Romgaz ranks #248 out of 923 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, SNGN Romgaz has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SNGN Romgaz's 3-Year ROIIC % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, SNGN Romgaz ranks #248 out of 923 companies for 3-Year ROIIC %. This puts SNGN Romgaz in the upper 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 SNGN Romgaz and its competitors. SNGN Romgaz's current 3-Year ROIIC % is 14.87, which is 18% below median its own 10-year median of 18.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SNGN Romgaz stock overvalued right now?
Based on GuruFocus' analysis, SNGN Romgaz (FRA:RZ8B) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.07, compared to a current price of €3.48 — trading 224.8% above its estimated fair value. The current 3-Year ROIIC % is 14.87, which is 18% below median its 10-year median of 18.21. SNGN Romgaz's overall GF Score™ is 85/100 with 7 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 SNGN Romgaz (FRA:RZ8B), the current 3-Year ROIIC % is 14.87 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 SNGN Romgaz (FRA:RZ8B) Overvalued in 2026?
Based on GuruFocus' analysis, SNGN Romgaz stock appears to be overvalued.
The current stock price of €3.48 is trading 224.8% above its estimated GF Value™ of €1.07.
GuruFocus considers SNGN Romgaz to be Significantly Overvalued.
Key valuation signals for FRA:RZ8B:
3-Year ROIIC %: 14.87 (18% below median its 10-year median of 18.21)
GF Value™: €1.07 vs. price of €3.48 (224.8% above fair value)
No single metric tells the full story. See the FRA:RZ8B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SNGN Romgaz SA is Romania's largest natural gas producer and supplier, operating in 8 onshore exploration blocks. The company has upstream, storage, and electricity production segments, as well as other activities. Romgaz engages in various activities, including upstream operations like exploring natural gas reserves, producing and trading gas extracted from domestic or imported sources for resale. These activities are carried out by the head office, Media? and Mure? branches, and subsidiary Romgaz Black Sea Limited. Depogaz, a subsidiary of Romgaz, is responsible for storage activities. Iernut branch is involved in electricity production and distribution activities. Additionally, Romgaz performs other activities such as technological transport, operations on wells, and corporate.
85GF Score
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