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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.
Health Italia SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2024 was 22.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Health Italia SpA's 3-Year ROIIC % or its related term are showing as below:
MIL:HI's 3-Year ROIIC % is not ranked
in the Healthcare Plans industry.
Industry Median: -11.815
vs MIL:HI: 22.24
Health Italia SpA (MIL:HI) 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.
Health Italia SpA 3-Year ROIIC % Related Terms
Health Italia SpA 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Health Italia 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.
For the Healthcare Plans subindustry, Health Italia 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.
Health Italia SpA 3-Year ROIIC % vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Health Italia SpA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Health Italia SpA's 3-Year ROIIC % falls into.
Health Italia SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 3.1713668 (Dec. 2024) - 1.951521 (Dec. 2021) )
/
( 48.653 (Dec. 2024) - 43.168 (Dec. 2021) )
=
1.2198458
/
5.485
=
22.24%***
* 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.
Health Italia SpA (MIL:HI) has a 3-Year ROIIC % of 22.24 as of Dec. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Health Italia SpA and its competitors. This is 659% above median its historical median of 2.93.
Is Health Italia SpA's 3-Year ROIIC % too high?
Health Italia SpA's current 3-Year ROIIC % of 22.24 is 659% above median its 10-year median of 2.93. Overall, Health Italia SpA has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Health Italia SpA's 3-Year ROIIC % compare to UNH and CVS?
Health Italia SpA's 3-Year ROIIC % of 22.24 can be compared against companies in the Healthcare Plans industry. 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 Healthcare Plans company?
A good 3-Year ROIIC % depends on the Healthcare Plans industry context. 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 Health Italia SpA and its competitors. Health Italia SpA's current 3-Year ROIIC % is 22.24, which is 659% above median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Italia SpA stock overvalued right now?
Health Italia SpA (MIL:HI) has a current 3-Year ROIIC % of 22.24. The stock's GF Value™ is €142.57, compared to a current price of €299.00 — trading 109.7% above its estimated fair value. The current 3-Year ROIIC % is 22.24, which is 659% above median its 10-year median of 2.93. Health Italia SpA's overall GF Score™ is 43/100 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 Health Italia SpA (MIL:HI), the current 3-Year ROIIC % is 22.24 as of Dec. 2024. 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 Health Italia SpA (MIL:HI) Overvalued in 2026?
Based on GuruFocus' analysis, Health Italia SpA stock appears to be overvalued.
The current stock price of €299.00 is trading 109.7% above its estimated GF Value™ of €142.57.
Key valuation signals for MIL:HI:
3-Year ROIIC %: 22.24 (659% above median its 10-year median of 2.93)
GF Value™: €142.57 vs. price of €299.00 (109.7% above fair value)
No single metric tells the full story. See the MIL:HI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Health Italia SpA is an Italy based company engaged in offering integrated healthcare services. It operates in the promotion of integrated and alternative healthcare solutions and provides administrative, liquidation, information technology and consulting services for health funds, health care funds and mutual-aid companies. In addition, the group is also active in the corporate welfare market and manages outsourced flexible benefit welfare plans.
43GF Score
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