Corticeira Amorim SGPS (HAM:AS4) 3-Year ROIIC % : -170.73% (As of Dec. 2025)


HAM:AS4 Corticeira Amorim SGPS SA HAM:AS4
67 GF Score
Price €6.57
GF Value €7.63
! 5 Warning Signs
View Full Analysis

What is Corticeira Amorim SGPS 3-Year ROIIC %?

Corticeira Amorim SGPS HAM:AS4 +2.02% 67 3-Year ROIIC % is -170.73 as of Dec. 2025. GuruFocus rates HAM:AS4 with a GF Score™ of 67/100 and a GF Value™ of €7.63. The stock has 5 warning signs investors should review. Among 268 Forest Products companies, Corticeira Amorim SGPS ranks worse than 95.52% 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. Corticeira Amorim SGPS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -170.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Corticeira Amorim SGPS's 3-Year ROIIC % or its related term are showing as below:

HAM:AS4's 3-Year ROIIC % is ranked worse than
95.52% of 268 companies
in the Forest Products industry
Industry Median: -0.705 vs HAM:AS4: -170.73

Corticeira Amorim SGPS  (HAM:AS4) 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.


Corticeira Amorim SGPS 3-Year ROIIC % Related Terms


Corticeira Amorim SGPS 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS 3-Year ROIIC % Chart

Corticeira Amorim SGPS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.96 16.42 8.92 2.61 -170.73

Corticeira Amorim SGPS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -170.73 0.00

HAM:AS4 vs SSD, UFPI, BCC: 3-Year ROIIC % Comparison

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS 3-Year ROIIC % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's 3-Year ROIIC % falls into.


HAM:AS4
67GF Score
Corticeira Amorim SGPS SA HAM:AS4
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corticeira Amorim SGPS 3-Year ROIIC % Calculation

Corticeira Amorim SGPS'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**
=( 65.583606 (Dec. 2025) - 101.7786367 (Dec. 2022) )/( 1013.23 (Dec. 2025) - 992.03 (Dec. 2022) )
=-36.1950307/21.2
=-170.73%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -170.73 mean?
Corticeira Amorim SGPS (HAM:AS4) has a 3-Year ROIIC % of -170.73 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 Corticeira Amorim SGPS and its competitors. According to the industry distribution chart, Corticeira Amorim SGPS ranks #256 out of 268 companies in the Forest Products industry, placing it in the top 95.5%.
Is Corticeira Amorim SGPS's 3-Year ROIIC % too high?
Corticeira Amorim SGPS's current 3-Year ROIIC % is -170.73. Based on the distribution chart, Corticeira Amorim SGPS ranks #256 out of 268 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Corticeira Amorim SGPS has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Corticeira Amorim SGPS's 3-Year ROIIC % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Corticeira Amorim SGPS ranks #256 out of 268 companies for 3-Year ROIIC %. This places Corticeira Amorim SGPS in the lower 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 a Forest Products company?
A good 3-Year ROIIC % depends on the Forest Products 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 Corticeira Amorim SGPS and its competitors. Corticeira Amorim SGPS's current 3-Year ROIIC % is -170.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corticeira Amorim SGPS stock overvalued right now?
Corticeira Amorim SGPS (HAM:AS4) has a current 3-Year ROIIC % of -170.73. The stock's GF Value™ is €7.63, compared to a current price of €6.57 — trading 13.9% below its estimated fair value. The current 3-Year ROIIC % is -170.73. Corticeira Amorim SGPS's overall GF Score™ is 67/100 with 5 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 Corticeira Amorim SGPS (HAM:AS4), the current 3-Year ROIIC % is -170.73 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 Corticeira Amorim SGPS (HAM:AS4) Overvalued in 2026?

Based on GuruFocus' analysis, Corticeira Amorim SGPS stock appears to be undervalued. The current stock price of €6.57 is trading 13.9% below its estimated GF Value™ of €7.63.

Key valuation signals for HAM:AS4:

  • 3-Year ROIIC %: -170.73
  • GF Value™: €7.63 vs. price of €6.57 (13.9% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the HAM:AS4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corticeira Amorim SGPS Business Description

Address Rua Comendador Americo Ferreira Amorim, 380, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA is mainly engaged in the acquisition and transformation of cork into a numerous set of cork and cork-related products, which are distributed through its network of sales companies. Its business units are Amorim Florestal, Amorim Cork, and Amorim Cork Solutions. It derives the majority of the revenue from Amorim Cork segment which produces different types of existing cork stoppers. The main markets are the bottling countries, from the traditional ones like France, Italy, Germany, Spain and Portugal, to the new markets like USA, Australia, Chile, South Africa and Argentina. Geographically, its operations are spread across EU, USA, Rest of America, Australasia, Portugal, Africa, and Rest of Europe.
67GF Score

Get the complete analysis for HAM:AS4

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.57
Price
€7.63
GF Value