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Invalda INVL ABFRA:WTK 88 3-Year ROIIC % is 25.48 as of Dec. 2025, which is 86% above its 10-year median of 13.68. GuruFocus rates FRA:WTK with a GF Score™ of 88/100 and a GF Value™ of €19.38 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 655 Asset Management companies, Invalda INVL AB 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.
Invalda INVL AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 25.48%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Invalda INVL AB's 3-Year ROIIC % or its related term are showing as below:
FRA:WTK's 3-Year ROIIC % is ranked better than 73.13% of 655
companies
in the Asset Management industry
Industry Median: 2.21
vs FRA:WTK: 25.48
Invalda INVL AB (FRA:WTK) 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.
Invalda INVL AB 3-Year ROIIC % Related Terms
Invalda INVL AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Invalda INVL 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:WTK vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Invalda INVL 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.
Invalda INVL AB 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Invalda INVL AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Invalda INVL AB's 3-Year ROIIC % falls into.
Invalda INVL 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**
=
( 36.564 (Dec. 2025) - 8.015 (Dec. 2022) )
/
( 251.033 (Dec. 2025) - 139.003 (Dec. 2022) )
=
28.549
/
112.03
=
25.48%***
* 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.
Invalda INVL AB (FRA:WTK) has a 3-Year ROIIC % of 25.48 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 Invalda INVL AB and its competitors. This is 86% above median its historical median of 13.68. According to the industry distribution chart, Invalda INVL AB ranks #176 out of 655 companies in the Asset Management industry, placing it in the top 26.9%.
Is Invalda INVL AB's 3-Year ROIIC % too high?
Invalda INVL AB's current 3-Year ROIIC % of 25.48 is 86% above median its 10-year median of 13.68. The Asset Management industry median 3-Year ROIIC % is 2.21. Invalda INVL AB's value of 25.48 is 1052.9% above this industry median. Based on the distribution chart, Invalda INVL AB ranks #176 out of 655 companies in the Asset Management industry, which is above the industry midpoint. Overall, Invalda INVL AB has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Invalda INVL AB's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Invalda INVL AB ranks #176 out of 655 companies for 3-Year ROIIC %. This puts Invalda INVL AB in the upper half of its industry. The industry median 3-Year ROIIC % is 2.21. Invalda INVL AB's value of 25.48 is 1052.9% above this benchmark. While the company's 10-year median is 13.68 vs. the industry median of 2.21, Invalda INVL AB has consistently been above the industry average. 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 Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.21, based on 655 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. Invalda INVL AB's current 3-Year ROIIC % of 25.48 is 1052.9% 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 Invalda INVL AB and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invalda INVL AB's current 3-Year ROIIC % is 25.48, which is 86% above median its own 10-year median of 13.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invalda INVL AB stock overvalued right now?
Based on GuruFocus' analysis, Invalda INVL AB (FRA:WTK) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.38, compared to a current price of €27.20 — trading 40.4% above its estimated fair value. The current 3-Year ROIIC % is 25.48, which is 86% above median its 10-year median of 13.68 and 1052.9% above the Asset Management industry median of 2.21. Invalda INVL AB's overall GF Score™ is 88/100 with 9 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 Invalda INVL AB (FRA:WTK), the current 3-Year ROIIC % is 25.48 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 Invalda INVL AB (FRA:WTK) Overvalued in 2026?
Based on GuruFocus' analysis, Invalda INVL AB stock appears to be overvalued.
The current stock price of €27.20 is trading 40.4% above its estimated GF Value™ of €19.38.
GuruFocus considers Invalda INVL AB to be Significantly Overvalued.
Key valuation signals for FRA:WTK:
3-Year ROIIC %: 25.48 (86% above median its 10-year median of 13.68)
GF Value™: €19.38 vs. price of €27.20 (40.4% above fair value)
Industry Position: 1052.9% above the Asset Management median (#176 of 655)
No single metric tells the full story. See the FRA:WTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Invalda INVL AB is an asset management company. It operates through the Asset management and Historical Investments activity segments. The Asset management segment includes pension, investment funds, alternative investments (private equity, real assets, and private debt) and portfolio management, financial brokerage, and land administration services. The Historical Investments activity segment includes the group investment activities to the unconsolidated subsidiaries, associates, and financial assets at fair value and administrative activities of the companies. The main investment activities of the company are Agriculture; Life insurance; Facility management; Real estate; and Bank activities. The majority of its revenue comes from the Asset management segment.
88GF Score
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