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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.
Enapter AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -28.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Enapter AG's 3-Year ROIIC % or its related term are showing as below:
LTS:0NPF's 3-Year ROIIC % is ranked worse than 82.17% of 2933
companies
in the Industrial Products industry
Industry Median: 3.4
vs LTS:0NPF: -28.86
Enapter AG (LTS:0NPF) 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.
Enapter AG 3-Year ROIIC % Related Terms
Enapter AG 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Enapter AG'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.
LTS:0NPF vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Enapter 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.
Enapter AG 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Enapter AG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Enapter AG's 3-Year ROIIC % falls into.
Enapter AG'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**
=
( -24.906 (Dec. 2025) - -12.531 (Dec. 2022) )
/
( 133.902 (Dec. 2025) - 91.026 (Dec. 2022) )
=
-12.375
/
42.876
=
-28.86%***
* 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.
Enapter AG (LTS:0NPF) has a 3-Year ROIIC % of -28.86 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 Enapter AG and its competitors. According to the industry distribution chart, Enapter AG ranks #2410 out of 2933 companies in the Industrial Products industry, placing it in the top 82.2%.
Is Enapter AG's 3-Year ROIIC % too high?
Enapter AG's current 3-Year ROIIC % is -28.86. Based on the distribution chart, Enapter AG ranks #2410 out of 2933 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Enapter AG has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Enapter AG's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Enapter AG ranks #2410 out of 2933 companies for 3-Year ROIIC %. This places Enapter AG in the lower half of its industry. The industry median 3-Year ROIIC % is 3.40. 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 Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.40, based on 2,933 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 Enapter AG and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enapter AG's current 3-Year ROIIC % is -28.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enapter AG stock overvalued right now?
Enapter AG (LTS:0NPF) has a current 3-Year ROIIC % of -28.86. The stock's GF Value™ is €0.59, compared to a current price of €0.21 — trading 65.3% below its estimated fair value. The current 3-Year ROIIC % is -28.86. Enapter AG's overall GF Score™ is 55/100 with 8 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 Enapter AG (LTS:0NPF), the current 3-Year ROIIC % is -28.86 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 Enapter AG (LTS:0NPF) Overvalued in 2026?
Based on GuruFocus' analysis, Enapter AG stock appears to be undervalued.
The current stock price of €0.21 is trading 65.3% below its estimated GF Value™ of €0.59.
Key valuation signals for LTS:0NPF:
3-Year ROIIC %: -28.86
GF Value™: €0.59 vs. price of €0.21 (65.3% below fair value)
No single metric tells the full story. See the LTS:0NPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.
55GF Score
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