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What is Distribuzione Elettrica Adriatica SpA 3-Year ROIIC %?
Distribuzione Elettrica Adriatica SpAMIL:DEA +1.19%19 3-Year ROIIC % is 8.85 as of Dec. 2025, which is at its 10-year median of 8.85. GuruFocus rates MIL:DEA with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 475 Utilities - Regulated companies, Distribuzione Elettrica Adriatica SpA ranks better than 67.37% 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.
Distribuzione Elettrica Adriatica SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 8.85%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Distribuzione Elettrica Adriatica SpA 3-Year ROIIC % Related Terms
Distribuzione Elettrica Adriatica SpA 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.
MIL:DEA vs NEE, SO, DUK: 3-Year ROIIC % Comparison
For the Utilities - Regulated Electric subindustry, Distribuzione Elettrica Adriatica 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.
Distribuzione Elettrica Adriatica SpA 3-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Distribuzione Elettrica Adriatica SpA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Distribuzione Elettrica Adriatica SpA's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 7.7594328 (Dec. 2025) - 1.1540308 (Dec. 2022) )
/
( 116.575 (Dec. 2025) - 41.933 (Dec. 2022) )
=
6.605402
/
74.642
=
8.85%***
* 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.
Distribuzione Elettrica Adriatica SpA (MIL:DEA) has a 3-Year ROIIC % of 8.85 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 Distribuzione Elettrica Adriatica SpA and its competitors. This is near median its historical median of 8.85. Over the past decade, Distribuzione Elettrica Adriatica SpA's 3-Year ROIIC % has ranged from 8.85 to 8.85. According to the industry distribution chart, Distribuzione Elettrica Adriatica SpA ranks #155 out of 475 companies in the Utilities - Regulated industry, placing it in the top 32.6%.
Is Distribuzione Elettrica Adriatica SpA's 3-Year ROIIC % too high?
Distribuzione Elettrica Adriatica SpA's current 3-Year ROIIC % of 8.85 is near median its 10-year median of 8.85. Over the past 10 years, this metric has ranged from a low of 8.85 to a high of 8.85. The Utilities - Regulated industry median 3-Year ROIIC % is 3.88. Distribuzione Elettrica Adriatica SpA's value of 8.85 is 128.1% above this industry median. Based on the distribution chart, Distribuzione Elettrica Adriatica SpA ranks #155 out of 475 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Distribuzione Elettrica Adriatica SpA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Distribuzione Elettrica Adriatica SpA's 3-Year ROIIC % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Distribuzione Elettrica Adriatica SpA ranks #155 out of 475 companies for 3-Year ROIIC %. This puts Distribuzione Elettrica Adriatica SpA in the upper half of its industry. The industry median 3-Year ROIIC % is 3.88. Distribuzione Elettrica Adriatica SpA's value of 8.85 is 128.1% above this benchmark. Historically, Distribuzione Elettrica Adriatica SpA's own 3-Year ROIIC % has ranged from 8.85 to 8.85 over the past decade. While the company's 10-year median is 8.85 vs. the industry median of 3.88, Distribuzione Elettrica Adriatica SpA 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 an Utilities - Regulated company?
The median 3-Year ROIIC % among Utilities - Regulated companies is 3.88, based on 475 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. Distribuzione Elettrica Adriatica SpA's current 3-Year ROIIC % of 8.85 is 128.1% 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 Distribuzione Elettrica Adriatica SpA and its competitors. For the Utilities - Regulated industry, the median 3-Year ROIIC % is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Distribuzione Elettrica Adriatica SpA's current 3-Year ROIIC % is 8.85, which is near median its own 10-year median of 8.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Distribuzione Elettrica Adriatica SpA stock overvalued right now?
Distribuzione Elettrica Adriatica SpA (MIL:DEA) has a current 3-Year ROIIC % of 8.85. The current 3-Year ROIIC % is 8.85, which is near median its 10-year median of 8.85 and 128.1% above the Utilities - Regulated industry median of 3.88. Distribuzione Elettrica Adriatica SpA's overall GF Score™ is 19/100 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 Distribuzione Elettrica Adriatica SpA (MIL:DEA), the current 3-Year ROIIC % is 8.85 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.
Distribuzione Elettrica Adriatica SpA is a Italy based company. Its activity is divided into two distinct business lines dedicated, respectively, to the distribution of electricity (Distribution Electrical Energy) and public lighting (Public Lighting). In the distribution of electricity, The company deals with the activities relating to the operation, maintenance and development of medium voltage (MV) and low voltage (LV) infrastructures with the objective of allowing the transport of electricity from the substations of the distribution networks to the withdrawal points (PoD). The public lighting includes design, construction and maintenance of public lighting systems, by virtue of obtaining concessions from the relevant municipalities.
19GF Score
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