Transition Evergreen (LTS:0MUG) 3-Year ROIIC % : 40.17% (As of Dec. 2025) — 94% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0MUG Transition Evergreen LTS:0MUG
12 GF Score
Price €1.09
GF Value €37.97
! 2 Warning Signs
View Full Analysis

What is Transition Evergreen 3-Year ROIIC %?

Transition Evergreen LTS:0MUG 12 3-Year ROIIC % is 40.17 as of Dec. 2025, which is 94% above its 10-year median of 20.74. GuruFocus rates LTS:0MUG with a GF Score™ of 12/100 and a GF Value™ of €37.97. The stock has 2 warning signs investors should review. Among 655 Asset Management companies, Transition Evergreen ranks better than 78.93% 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. Transition Evergreen's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 40.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LTS:0MUG's 3-Year ROIIC % is ranked better than
78.93% of 655 companies
in the Asset Management industry
Industry Median: 2.21 vs LTS:0MUG: 40.17

Transition Evergreen  (LTS:0MUG) 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.


Transition Evergreen 3-Year ROIIC % Related Terms


Transition Evergreen 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Transition Evergreen'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.

Transition Evergreen 3-Year ROIIC % Chart

Transition Evergreen 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 27.23 14.24 -7.52 497.73 40.17

Transition Evergreen Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -7.52 0.00 497.73 0.00 40.17

LTS:0MUG vs BLK, BX, KKR: 3-Year ROIIC % Comparison

For the Asset Management subindustry, Transition Evergreen'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.


Transition Evergreen 3-Year ROIIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Transition Evergreen's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Transition Evergreen's 3-Year ROIIC % falls into.


LTS:0MUG
12GF Score
Transition Evergreen LTS:0MUG
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transition Evergreen 3-Year ROIIC % Calculation

Transition Evergreen'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**
=( -19.606 (Dec. 2025) - 22.363304 (Dec. 2022) )/( 57.532 (Dec. 2025) - 162.014 (Dec. 2022) )
=-41.969304/-104.482
=40.17%***

* 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 40.17 mean?
Transition Evergreen (LTS:0MUG) has a 3-Year ROIIC % of 40.17 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 Transition Evergreen and its competitors. This is 94% above median its historical median of 20.74. According to the industry distribution chart, Transition Evergreen ranks #138 out of 655 companies in the Asset Management industry, placing it in the top 21.1%.
Is Transition Evergreen's 3-Year ROIIC % too high?
Transition Evergreen's current 3-Year ROIIC % of 40.17 is 94% above median its 10-year median of 20.74. The Asset Management industry median 3-Year ROIIC % is 2.21. Transition Evergreen's value of 40.17 is 1717.6% above this industry median. Based on the distribution chart, Transition Evergreen ranks #138 out of 655 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Transition Evergreen has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Transition Evergreen's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Transition Evergreen ranks #138 out of 655 companies for 3-Year ROIIC %. This places Transition Evergreen in the top 21% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.21. Transition Evergreen's value of 40.17 is 1717.6% above this benchmark. While the company's 10-year median is 20.74 vs. the industry median of 2.21, Transition Evergreen 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. Transition Evergreen's current 3-Year ROIIC % of 40.17 is 1717.6% 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 Transition Evergreen 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. Transition Evergreen's current 3-Year ROIIC % is 40.17, which is 94% above median its own 10-year median of 20.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transition Evergreen stock overvalued right now?
Transition Evergreen (LTS:0MUG) has a current 3-Year ROIIC % of 40.17. The stock's GF Value™ is €37.97, compared to a current price of €1.09 — trading 97.1% below its estimated fair value. The current 3-Year ROIIC % is 40.17, which is 94% above median its 10-year median of 20.74 and 1717.6% above the Asset Management industry median of 2.21. Transition Evergreen's overall GF Score™ is 12/100 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 Transition Evergreen (LTS:0MUG), the current 3-Year ROIIC % is 40.17 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 Transition Evergreen (LTS:0MUG) Overvalued in 2026?

Based on GuruFocus' analysis, Transition Evergreen stock appears to be undervalued. The current stock price of €1.09 is trading 97.1% below its estimated GF Value™ of €37.97.

Key valuation signals for LTS:0MUG:

  • 3-Year ROIIC %: 40.17 (94% above median its 10-year median of 20.74)
  • GF Value™: €37.97 vs. price of €1.09 (97.1% below fair value)
  • GF Score™: 12/100 with 2 warning signs
  • Industry Position: 1717.6% above the Asset Management median (#138 of 655)

No single metric tells the full story. See the LTS:0MUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transition Evergreen Business Description

Other Exchanges EGR:France36J:Germany
Address 6 Square de l\'Opera Louis Jouvet, Paris, FRA, FR-75009
Transition Evergreen is an investment holding company. The company holds stakes in French and European companies making the ecological transition the vector of their development, mainly invested in biogas, decentralized renewable energy, sustainable forest management, and hydrogen mobility.
12GF Score

Get the complete analysis for LTS:0MUG

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

€1.09
Price
€37.97
GF Value