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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.
NATURELGAZNAYI VE TICARET AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -15.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
IST:NTGAZ's 3-Year ROIIC % is ranked worse than 68.33% of 922
companies
in the Oil & Gas industry
Industry Median: -0.085
vs IST:NTGAZ: -15.63
NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) 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.
NATURELGAZNAYI VE TICARET AS 3-Year ROIIC % Related Terms
NATURELGAZNAYI VE TICARET 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.
IST:NTGAZ vs WMB, EPD, KMI: 3-Year ROIIC % Comparison
For the Oil & Gas Midstream subindustry, NATURELGAZNAYI VE TICARET 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.
NATURELGAZNAYI VE TICARET AS 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NATURELGAZNAYI VE TICARET AS's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NATURELGAZNAYI VE TICARET AS's 3-Year ROIIC % falls into.
* 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.
NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) has a 3-Year ROIIC % of -15.63 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 NATURELGAZNAYI VE TICARET AS and its competitors. According to the industry distribution chart, NATURELGAZNAYI VE TICARET AS ranks #630 out of 922 companies in the Oil & Gas industry, placing it in the top 68.3%.
Is NATURELGAZNAYI VE TICARET AS's 3-Year ROIIC % too high?
NATURELGAZNAYI VE TICARET AS's current 3-Year ROIIC % is -15.63. Based on the distribution chart, NATURELGAZNAYI VE TICARET AS ranks #630 out of 922 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NATURELGAZNAYI VE TICARET AS has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NATURELGAZNAYI VE TICARET AS's 3-Year ROIIC % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, NATURELGAZNAYI VE TICARET AS ranks #630 out of 922 companies for 3-Year ROIIC %. This places NATURELGAZNAYI VE TICARET AS 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 an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas 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 NATURELGAZNAYI VE TICARET AS and its competitors. NATURELGAZNAYI VE TICARET AS's current 3-Year ROIIC % is -15.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NATURELGAZNAYI VE TICARET AS stock overvalued right now?
Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺8.32, compared to a current price of ₺11.61 — trading 39.5% above its estimated fair value. The current 3-Year ROIIC % is -15.63. NATURELGAZNAYI VE TICARET AS's overall GF Score™ is 81/100 with 2 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ), the current 3-Year ROIIC % is -15.63 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Overvalued in 2026?
Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS stock appears to be overvalued.
The current stock price of ₺11.61 is trading 39.5% above its estimated GF Value™ of ₺8.32.
GuruFocus considers NATURELGAZNAYI VE TICARET AS to be Significantly Overvalued.
Key valuation signals for IST:NTGAZ:
3-Year ROIIC %: -15.63
GF Value™: ₺8.32 vs. price of ₺11.61 (39.5% above fair value)
No single metric tells the full story. See the IST:NTGAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NATURELGAZ SANAYI VE TICARET AS activities of transmitting natural gas via CNG transport units to consumers who need natural gas but do not have access to pipelines, such as industrial establishments, factories, asphalt construction sites, hotels, and institutions requiring heating.
81GF Score
Get the complete analysis for IST:NTGAZ
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