Sharplink (MEX:SBET) 3-Year ROIIC % : -0.99% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MEX:SBET Sharplink Inc MEX:SBET
25 GF Score
Price MXN106.00
GF Value MXN7.61
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Sharplink 3-Year ROIIC %?

Sharplink MEX:SBET -6.19% 25 3-Year ROIIC % is -0.99 as of Dec. 2025. GuruFocus rates MEX:SBET with a GF Score™ of 25/100 and a GF Value™ of MXN7.61 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 658 Capital Markets companies, Sharplink ranks worse than 60.94% 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. Sharplink's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -0.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MEX:SBET's 3-Year ROIIC % is ranked worse than
60.94% of 658 companies
in the Capital Markets industry
Industry Median: 2.645 vs MEX:SBET: -0.99

Sharplink  (MEX:SBET) 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.


Sharplink 3-Year ROIIC % Related Terms


Sharplink 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Sharplink'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.

Sharplink 3-Year ROIIC % Chart

Sharplink Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 -6.81 -202.25 -0.99

Sharplink Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 -0.99 0.00

MEX:SBET vs PURR, OPY, PWP: 3-Year ROIIC % Comparison

For the Capital Markets subindustry, Sharplink'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.


Sharplink 3-Year ROIIC % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sharplink's 3-Year ROIIC % distribution charts can be found below:

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


MEX:SBET
25GF Score
Sharplink Inc MEX:SBET
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sharplink 3-Year ROIIC % Calculation

Sharplink'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**
=( -589.669 (Dec. 2025) - -186.1553093 (Dec. 2022) )/( 43224.735 (Dec. 2025) - 1341.091 (Dec. 2022) )
=-403.5136907/41883.644
=-0.96%***

* 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 -0.99 mean?
Sharplink (MEX:SBET) has a 3-Year ROIIC % of -0.99 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 Sharplink and its competitors. According to the industry distribution chart, Sharplink ranks #401 out of 658 companies in the Capital Markets industry, placing it in the top 60.9%.
Is Sharplink's 3-Year ROIIC % too high?
Sharplink's current 3-Year ROIIC % is -0.99. Based on the distribution chart, Sharplink ranks #401 out of 658 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Sharplink has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sharplink's 3-Year ROIIC % compare to PURR and OPY?
According to the Capital Markets industry distribution chart, Sharplink ranks #401 out of 658 companies for 3-Year ROIIC %. This places Sharplink in the lower half of its industry. The industry median 3-Year ROIIC % is 2.65. 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 Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.65, based on 658 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 Sharplink and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharplink's current 3-Year ROIIC % is -0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharplink stock overvalued right now?
Based on GuruFocus' analysis, Sharplink (MEX:SBET) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN7.61, compared to a current price of MXN106.00 — trading 1292.9% above its estimated fair value. The current 3-Year ROIIC % is -0.99. Sharplink's overall GF Score™ is 25/100 with 4 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 Sharplink (MEX:SBET), the current 3-Year ROIIC % is -0.99 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 Sharplink (MEX:SBET) Overvalued in 2026?

Based on GuruFocus' analysis, Sharplink stock appears to be overvalued. The current stock price of MXN106.00 is trading 1292.9% above its estimated GF Value™ of MXN7.61. GuruFocus considers Sharplink to be Significantly Overvalued.

Key valuation signals for MEX:SBET:

  • 3-Year ROIIC %: -0.99
  • GF Value™: MXN7.61 vs. price of MXN106.00 (1292.9% above fair value)
  • GF Score™: 25/100 with 4 warning signs

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


Sharplink Business Description

Other Exchanges SBET:USA7710:Germany
Address 200 South Biscayne Boulevard, Miami, FL, USA, 33131
SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset. This move reflects the Company's commitment to align corporate treasury with the future of programmable finance, digital capital markets, and decentralized infrastructure. The Company also operates an online affiliate marketing company that delivers different fan activation solutions to its sportsbook and online casino gaming partners. The company operates in two reportable segments: ETH Treasury Management and Affiliate Marketing. The majority of its revenue is generated from the ETH Treasury Management. Geographically, the company operates in the United States and the rest of the world.
25GF Score

Get the complete analysis for MEX:SBET

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

MXN106.00
Price
MXN7.61
GF Value