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Arbitrage Investment AGHAM:L1AK 40 3-Year ROIIC % is -1.30 as of Dec. 2024. GuruFocus rates HAM:L1AK with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 655 Asset Management companies, Arbitrage Investment AG ranks worse than 62.44% 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.
Arbitrage Investment AG's 3-Year ROIIC % for the quarter that ended in Dec. 2024 was -1.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Arbitrage Investment AG's 3-Year ROIIC % or its related term are showing as below:
HAM:L1AK's 3-Year ROIIC % is ranked worse than 62.44% of 655
companies
in the Asset Management industry
Industry Median: 1.89
vs HAM:L1AK: -1.30
Arbitrage Investment AG (HAM:L1AK) 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.
Arbitrage Investment AG 3-Year ROIIC % Related Terms
Arbitrage Investment AG 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.
HAM:L1AK vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Arbitrage Investment AG'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.
Arbitrage Investment AG 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Arbitrage Investment AG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Arbitrage Investment AG's 3-Year ROIIC % falls into.
Arbitrage Investment AG 3-Year ROIIC % Calculation
Arbitrage Investment AG's 3-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.093 (Dec. 2024) - -0.067 (Dec. 2021) )
/
( 2.166 (Dec. 2024) - 0.167 (Dec. 2021) )
=
-0.026
/
1.999
=
-1.30%***
* 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.
Arbitrage Investment AG (HAM:L1AK) has a 3-Year ROIIC % of -1.30 as of Dec. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Arbitrage Investment AG and its competitors. According to the industry distribution chart, Arbitrage Investment AG ranks #409 out of 655 companies in the Asset Management industry, placing it in the top 62.4%.
Is Arbitrage Investment AG's 3-Year ROIIC % too high?
Arbitrage Investment AG's current 3-Year ROIIC % is -1.30. Based on the distribution chart, Arbitrage Investment AG ranks #409 out of 655 companies in the Asset Management industry, which is below the industry midpoint. Overall, Arbitrage Investment AG has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Arbitrage Investment AG's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Arbitrage Investment AG ranks #409 out of 655 companies for 3-Year ROIIC %. This places Arbitrage Investment AG in the lower half of its industry. The industry median 3-Year ROIIC % is 1.89. 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 1.89, 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. 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 Arbitrage Investment AG and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arbitrage Investment AG's current 3-Year ROIIC % is -1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arbitrage Investment AG stock overvalued right now?
Arbitrage Investment AG (HAM:L1AK) has a current 3-Year ROIIC % of -1.30. The current 3-Year ROIIC % is -1.30. Arbitrage Investment AG's overall GF Score™ is 40/100 with 1 warning sign 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 Arbitrage Investment AG (HAM:L1AK), the current 3-Year ROIIC % is -1.30 as of Dec. 2024. 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.
Arbitrage Investment AG is a diversified investment and holding company that operates a wide range of business activities through its subsidiaries. Its investment focuses on identifying and supporting companies in long-term growth areas that drive innovation, with a particular focus on minimizing risks through arbitrage. The company is active in various sectors, including investment management, investment management, real estate leasing, fintech solutions, renewable energy, pharmaceutical publishing, biotechnology, over-the-counter (OTC) drugs, medical technology, medical equipment and consumables, in-vitro diagnostics, wearables, the Internet of Medical Things (IoMT), as well as recycling and reuse (second life) of electronic components, medical technology, consumer electronics.
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