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Helium EvolutionHEEVF 26 3-Year ROIIC % is 28.34 as of Dec. 2025. GuruFocus rates HEEVF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 923 Oil & Gas companies, Helium Evolution ranks better than 79.52% 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.
Helium Evolution's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 28.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Helium Evolution's 3-Year ROIIC % or its related term are showing as below:
HEEVF's 3-Year ROIIC % is ranked better than 79.52% of 923
companies
in the Oil & Gas industry
Industry Median: 0.01
vs HEEVF: 28.34
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.
Helium Evolution 3-Year ROIIC % Related Terms
Helium Evolution 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Helium Evolution'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.
HEEVF vs COP, EOG, FANG: 3-Year ROIIC % Comparison
For the Oil & Gas E&P subindustry, Helium Evolution'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.
Helium Evolution 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Helium Evolution's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Helium Evolution's 3-Year ROIIC % falls into.
Helium Evolution'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**
=
( -2.576 (Dec. 2025) - -4.617 (Dec. 2022) )
/
( 9.656 (Dec. 2025) - 2.747 (Dec. 2022) )
=
2.041
/
6.909
=
29.54%***
* 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.
Helium Evolution (HEEVF) has a 3-Year ROIIC % of 28.34 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 Helium Evolution and its competitors. According to the industry distribution chart, Helium Evolution ranks #189 out of 923 companies in the Oil & Gas industry, placing it in the top 20.5%.
Is Helium Evolution's 3-Year ROIIC % too high?
Helium Evolution's current 3-Year ROIIC % is 28.34. The Oil & Gas industry median 3-Year ROIIC % is 0.01. Helium Evolution's value of 28.34 is 283300% above this industry median. Based on the distribution chart, Helium Evolution ranks #189 out of 923 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Helium Evolution has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Helium Evolution's 3-Year ROIIC % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Helium Evolution ranks #189 out of 923 companies for 3-Year ROIIC %. This places Helium Evolution in the top 21% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 0.01. Helium Evolution's value of 28.34 is 283300% above this benchmark. 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?
The median 3-Year ROIIC % among Oil & Gas companies is 0.01, based on 923 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. Helium Evolution's current 3-Year ROIIC % of 28.34 is 283300% 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 Helium Evolution and its competitors. For the Oil & Gas industry, the median 3-Year ROIIC % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helium Evolution's current 3-Year ROIIC % is 28.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helium Evolution stock overvalued right now?
Helium Evolution (HEEVF) has a current 3-Year ROIIC % of 28.34. The current 3-Year ROIIC % is 28.34 and 283300% above the Oil & Gas industry median of 0.01. Helium Evolution's overall GF Score™ is 26/100 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 Helium Evolution (HEEVF), the current 3-Year ROIIC % is 28.34 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.
Helium Evolution Inc is in the early stages of exploration for and production of helium as a resource. It is a Canadian-based helium exploration company holding helium land rights position in North America, focused on developing assets in southern Saskatchewan. The company has over five million acres of land under permit near discoveries of economic helium concentrations which will support scaling the exploration and development efforts across its land base. Its projects include Mankota Development Plan, Glenbain, Fox / Hatton, and Fox / Abbey.
26GF Score
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