Malta International Airport (MAL:MIA) 3-Year ROIIC % : 6.52% (As of Dec. 2025) — 83% Below Median


MAL:MIA Malta International Airport PLC MAL:MIA
100 GF Score
Price €6.20
GF Value €8.08
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Malta International Airport 3-Year ROIIC %?

Malta International Airport MAL:MIA -0.80% 100 3-Year ROIIC % is 6.52 as of Dec. 2025, which is 83% below its 10-year median of 37.45. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.08 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 937 Transportation companies, Malta International Airport ranks better than 60.51% 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. Malta International Airport's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MAL:MIA's 3-Year ROIIC % is ranked better than
60.51% of 937 companies
in the Transportation industry
Industry Median: 2.04 vs MAL:MIA: 6.52

Malta International Airport  (MAL:MIA) 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.


Malta International Airport 3-Year ROIIC % Related Terms


Malta International Airport 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Malta International Airport'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.

Malta International Airport 3-Year ROIIC % Chart

Malta International Airport 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 -34.18 86.54 125.81 36.66 6.52

Malta International Airport 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 125.81 0.00 36.66 0.00 6.52

MAL:MIA vs JOBY, CAAP: 3-Year ROIIC % Comparison

For the Airports & Air Services subindustry, Malta International Airport'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.


Malta International Airport 3-Year ROIIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Malta International Airport's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Malta International Airport's 3-Year ROIIC % falls into.


MAL:MIA
100GF Score
Malta International Airport PLC MAL:MIA
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Malta International Airport 3-Year ROIIC % Calculation

Malta International Airport'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**
=( 50.1308176 (Dec. 2025) - 40.605858 (Dec. 2022) )/( 377.665 (Dec. 2025) - 231.678 (Dec. 2022) )
=9.5249596/145.987
=6.52%***

* 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 6.52 mean?
Malta International Airport (MAL:MIA) has a 3-Year ROIIC % of 6.52 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 Malta International Airport and its competitors. This is 83% below median its historical median of 37.45. According to the industry distribution chart, Malta International Airport ranks #370 out of 937 companies in the Transportation industry, placing it in the top 39.5%.
Is Malta International Airport's 3-Year ROIIC % too high?
Malta International Airport's current 3-Year ROIIC % of 6.52 is 83% below median its 10-year median of 37.45. The Transportation industry median 3-Year ROIIC % is 2.04. Malta International Airport's value of 6.52 is 219.6% above this industry median. Based on the distribution chart, Malta International Airport ranks #370 out of 937 companies in the Transportation industry, which is above the industry midpoint. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's 3-Year ROIIC % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Malta International Airport ranks #370 out of 937 companies for 3-Year ROIIC %. This puts Malta International Airport in the upper half of its industry. The industry median 3-Year ROIIC % is 2.04. Malta International Airport's value of 6.52 is 219.6% above this benchmark. While the company's 10-year median is 37.45 vs. the industry median of 2.04, Malta International Airport 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 a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.04, based on 937 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. Malta International Airport's current 3-Year ROIIC % of 6.52 is 219.6% 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 Malta International Airport and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current 3-Year ROIIC % is 6.52, which is 83% below median its own 10-year median of 37.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.08, compared to a current price of €6.20 — trading 23.3% below its estimated fair value. The current 3-Year ROIIC % is 6.52, which is 83% below median its 10-year median of 37.45 and 219.6% above the Transportation industry median of 2.04. Malta International Airport's overall GF Score™ is 100/100 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 Malta International Airport (MAL:MIA), the current 3-Year ROIIC % is 6.52 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 Malta International Airport (MAL:MIA) Overvalued in 2026?

Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued. The current stock price of €6.20 is trading 23.3% below its estimated GF Value™ of €8.08. GuruFocus considers Malta International Airport to be Modestly Undervalued.

Key valuation signals for MAL:MIA:

  • 3-Year ROIIC %: 6.52 (83% below median its 10-year median of 37.45)
  • GF Value™: €8.08 vs. price of €6.20 (23.3% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 219.6% above the Transportation median (#370 of 937)

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


Malta International Airport Business Description

Address Malta International Airport, Luqa, MLT, LQA 4000
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
100GF Score

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

€6.20
Price
€8.08
GF Value