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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.
Danish Aerospace and Defence Co AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -24.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
FRA:S2Q's 3-Year ROIIC % is ranked worse than 80.37% of 321
companies
in the Aerospace & Defense industry
Industry Median: 3.5
vs FRA:S2Q: -24.61
Danish Aerospace and Defence Co AS (FRA:S2Q) 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.
Danish Aerospace and Defence Co AS 3-Year ROIIC % Related Terms
Danish Aerospace and Defence Co AS 3-Year ROIIC % Historical Data
* 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.
Danish Aerospace and Defence Co AS 3-Year ROIIC % Chart
FRA:S2Q vs SPCX, GE, RTX: 3-Year ROIIC % Comparison
For the Aerospace & Defense subindustry, Danish Aerospace and Defence Co AS'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.
Danish Aerospace and Defence Co AS 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Danish Aerospace and Defence Co AS's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Danish Aerospace and Defence Co AS's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.2555434 (Dec. 2025) - -0.034 (Dec. 2022) )
/
( 3.421 (Dec. 2025) - 2.529 (Dec. 2022) )
=
-0.2215434
/
0.892
=
-24.84%***
* 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.
Danish Aerospace and Defence Co AS (FRA:S2Q) has a 3-Year ROIIC % of -24.61 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 Danish Aerospace and Defence Co AS and its competitors. According to the industry distribution chart, Danish Aerospace and Defence Co AS ranks #258 out of 321 companies in the Aerospace & Defense industry, placing it in the top 80.4%.
Is Danish Aerospace and Defence Co AS's 3-Year ROIIC % too high?
Danish Aerospace and Defence Co AS's current 3-Year ROIIC % is -24.61. Based on the distribution chart, Danish Aerospace and Defence Co AS ranks #258 out of 321 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Danish Aerospace and Defence Co AS has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danish Aerospace and Defence Co AS's 3-Year ROIIC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Danish Aerospace and Defence Co AS ranks #258 out of 321 companies for 3-Year ROIIC %. This places Danish Aerospace and Defence Co AS in the lower half of its industry. The industry median 3-Year ROIIC % is 3.50. 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 3.50, based on 321 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 Danish Aerospace and Defence Co AS and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danish Aerospace and Defence Co AS's current 3-Year ROIIC % is -24.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danish Aerospace and Defence Co AS stock overvalued right now?
Based on GuruFocus' analysis, Danish Aerospace and Defence Co AS (FRA:S2Q) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.37, compared to a current price of €0.40 — trading 7.2% above its estimated fair value. The current 3-Year ROIIC % is -24.61. Danish Aerospace and Defence Co AS's overall GF Score™ is 27/100 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 Danish Aerospace and Defence Co AS (FRA:S2Q), the current 3-Year ROIIC % is -24.61 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 Danish Aerospace and Defence Co AS (FRA:S2Q) Overvalued in 2026?
Based on GuruFocus' analysis, Danish Aerospace and Defence Co AS stock appears to be overvalued.
The current stock price of €0.40 is trading 7.2% above its estimated GF Value™ of €0.37.
GuruFocus considers Danish Aerospace and Defence Co AS to be Modestly Overvalued.
Key valuation signals for FRA:S2Q:
3-Year ROIIC %: -24.61
GF Value™: €0.37 vs. price of €0.40 (7.2% above fair value)
No single metric tells the full story. See the FRA:S2Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Danish Aerospace and Defence Co AS Business Description
Danish Aerospace and Defence Co AS develops medical instrumentation and other engineering fields within space applications. Its activities include the research, development, integration, and application of medical technologies designed for operation and reliability in space environments. The company also provides products and services derived from space research and operational experience for terrestrial applications.
27GF Score
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