Cy4gate SpA (MIL:CY4) 3-Year ROIIC % : 0.00% (As of Dec. 2025)

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.

MIL:CY4 Cy4gate SpA MIL:CY4
77 GF Score
Price €8.96
GF Value €9.76
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Cy4gate SpA 3-Year ROIIC %?

Cy4gate SpA MIL:CY4 -7.05% 77 3-Year ROIIC % is 0.00 as of Dec. 2025. GuruFocus rates MIL:CY4 with a GF Score™ of 77/100 and a GF Value™ of €9.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,624 Software companies, Cy4gate SpA ranks worse than 38109.72% 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. Cy4gate SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Cy4gate SpA's 3-Year ROIIC % or its related term are showing as below:

MIL:CY4's 3-Year ROIIC % is not ranked *
in the Software industry.
Industry Median: 5.355
* Ranked among companies with meaningful 3-Year ROIIC % only.

Cy4gate SpA  (MIL:CY4) 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.


Cy4gate SpA 3-Year ROIIC % Related Terms


Cy4gate SpA 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Cy4gate SpA'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.

Cy4gate SpA 3-Year ROIIC % Chart

Cy4gate SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial 20.36 0.00 -9.72 -6.94 0.00

Cy4gate SpA Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 0.00 0.00

MIL:CY4 vs MSFT, ORCL, PLTR: 3-Year ROIIC % Comparison

For the Software - Infrastructure subindustry, Cy4gate SpA'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.


Cy4gate SpA 3-Year ROIIC % vs Software Industry

For the Software industry and Technology sector, Cy4gate SpA's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Cy4gate SpA's 3-Year ROIIC % falls into.


MIL:CY4
77GF Score
Cy4gate SpA MIL:CY4
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cy4gate SpA 3-Year ROIIC % Calculation

Cy4gate SpA'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**
=( 0.794 (Dec. 2025) - 0 (Dec. 2022) )/( 189.152 (Dec. 2025) - 140.404 (Dec. 2022) )
=/48.748
=0.00%***

* 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 0.00 mean?
Cy4gate SpA (MIL:CY4) has a 3-Year ROIIC % of 0.00 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 Cy4gate SpA and its competitors. According to the industry distribution chart, Cy4gate SpA ranks #999999 out of 2624 companies in the Software industry.
Is Cy4gate SpA's 3-Year ROIIC % too high?
Cy4gate SpA's current 3-Year ROIIC % is 0.00. Based on the distribution chart, Cy4gate SpA ranks #999999 out of 2624 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cy4gate SpA has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cy4gate SpA's 3-Year ROIIC % compare to MSFT and ORCL?
According to the Software industry distribution chart, Cy4gate SpA ranks #999999 out of 2624 companies for 3-Year ROIIC %. This places Cy4gate SpA in the lower half of its industry. The industry median 3-Year ROIIC % is 5.36. 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 Software company?
The median 3-Year ROIIC % among Software companies is 5.36, based on 2,624 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 Cy4gate SpA and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cy4gate SpA's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cy4gate SpA stock overvalued right now?
Based on GuruFocus' analysis, Cy4gate SpA (MIL:CY4) is currently considered Fairly Valued. The stock's GF Value™ is €9.76, compared to a current price of €8.96 — trading 8.2% below its estimated fair value. The current 3-Year ROIIC % is 0.00. Cy4gate SpA's overall GF Score™ is 77/100 with 3 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 Cy4gate SpA (MIL:CY4), the current 3-Year ROIIC % is 0.00 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 Cy4gate SpA (MIL:CY4) Overvalued in 2026?

Based on GuruFocus' analysis, Cy4gate SpA stock appears to be undervalued. The current stock price of €8.96 is trading 8.2% below its estimated GF Value™ of €9.76. GuruFocus considers Cy4gate SpA to be Fairly Valued.

Key valuation signals for MIL:CY4:

  • 3-Year ROIIC %: 0.00
  • GF Value™: €9.76 vs. price of €8.96 (8.2% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the MIL:CY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cy4gate SpA Business Description

Other Exchanges 68H:Germany
Address Via Coponia 8, Rome, ITA, 00131
Cy4gate SpA is engaged in the design, development and production of technologies, products, systems and services. Its corporate solutions include Cyber Resilience, Education & Training, Corporate Intelligence; and government solutions include Cyber Intelligence & Cyber Security. The company has a single operating segment, that of the development and marketing of cyber intelligence and cyber security products. Geographically it operates in Italy and outside Italy from where it derives the majority of revenue.
77GF Score

Get the complete analysis for MIL:CY4

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

€8.96
Price
€9.76
GF Value