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.
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.
Maritime Launch ServicesMAXQF +0.89%26 3-Year ROIIC % is 112.16 as of Dec. 2025. GuruFocus rates MAXQF with a GF Score™ of 26/100. The stock has 5 warning signs investors should review. Among 320 Aerospace & Defense companies, Maritime Launch Services ranks better than 92.81% 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.
Maritime Launch Services's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 112.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Maritime Launch Services's 3-Year ROIIC % or its related term are showing as below:
MAXQF's 3-Year ROIIC % is ranked better than 92.81% of 320
companies
in the Aerospace & Defense industry
Industry Median: 3.79
vs MAXQF: 112.16
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.
Maritime Launch Services 3-Year ROIIC % Related Terms
Maritime Launch Services 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.
For the Aerospace & Defense subindustry, Maritime Launch Services'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.
Maritime Launch Services 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Maritime Launch Services's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Maritime Launch Services's 3-Year ROIIC % falls into.
Maritime Launch Services'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**
=
( -2.772 (Dec. 2025) - -5.856 (Dec. 2022) )
/
( 14.045 (Dec. 2025) - 11.55 (Dec. 2022) )
=
3.084
/
2.495
=
123.61%***
* 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.
Maritime Launch Services (MAXQF) has a 3-Year ROIIC % of 112.16 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 Maritime Launch Services and its competitors. According to the industry distribution chart, Maritime Launch Services ranks #23 out of 320 companies in the Aerospace & Defense industry, placing it in the top 7.2%.
Is Maritime Launch Services' 3-Year ROIIC % too high?
Maritime Launch Services' current 3-Year ROIIC % is 112.16. The Aerospace & Defense industry median 3-Year ROIIC % is 3.79. Maritime Launch Services' value of 112.16 is 2859.4% above this industry median. Based on the distribution chart, Maritime Launch Services ranks #23 out of 320 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Maritime Launch Services has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Maritime Launch Services' 3-Year ROIIC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Maritime Launch Services ranks #23 out of 320 companies for 3-Year ROIIC %. This places Maritime Launch Services in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.79. Maritime Launch Services' value of 112.16 is 2859.4% 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 Aerospace & Defense company?
The median 3-Year ROIIC % among Aerospace & Defense companies is 3.79, based on 320 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. Maritime Launch Services's current 3-Year ROIIC % of 112.16 is 2859.4% 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 Maritime Launch Services and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maritime Launch Services's current 3-Year ROIIC % is 112.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritime Launch Services stock overvalued right now?
Maritime Launch Services (MAXQF) has a current 3-Year ROIIC % of 112.16. The current 3-Year ROIIC % is 112.16 and 2859.4% above the Aerospace & Defense industry median of 3.79. Maritime Launch Services' overall GF Score™ is 26/100 with 5 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 Maritime Launch Services (MAXQF), the current 3-Year ROIIC % is 112.16 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.
Maritime Launch Services Inc through its subsidiary, owns a fully-permitted site for the establishment of Canada's first commercial Spaceport from which to launch satellites via small and medium sized launch vehicles (rockets), into low earth orbit, located in Canso, Nova Scotia. is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry. The company is also focused towards hosting multiple launch vehicle companies that could each launch up to eight or more times per year and are capable of carrying numerous satellites on each mission.
26GF Score
Get the complete analysis for MAXQF
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MAXQF has been successfully added to your 
