Maire SpA (MIL:MAIRE) 3-Year ROIIC % : 37.17% (As of Dec. 2025) — 163% Above Median


MIL:MAIRE Maire SpA MIL:MAIRE
91 GF Score
Price €14.78
GF Value €11.98
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Maire SpA 3-Year ROIIC %?

Maire SpA MIL:MAIRE +2.64% 91 3-Year ROIIC % is 37.17 as of Dec. 2025, which is 163% above its 10-year median of 14.14. GuruFocus rates MIL:MAIRE with a GF Score™ of 91/100 and a GF Value™ of €11.98 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,680 Construction companies, Maire SpA ranks better than 84.4% 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. Maire SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 37.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MIL:MAIRE's 3-Year ROIIC % is ranked better than
84.4% of 1680 companies
in the Construction industry
Industry Median: 4.63 vs MIL:MAIRE: 37.17

Maire SpA  (MIL:MAIRE) 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.


Maire SpA 3-Year ROIIC % Related Terms


Maire SpA 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Maire 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.

Maire SpA 3-Year ROIIC % Chart

Maire SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.45 -329.89 18.38 40.95 37.17

Maire SpA Quarterly Data
Jun21 Sep21 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 37.17 0.00

MIL:MAIRE vs PWR, FIX, EME: 3-Year ROIIC % Comparison

For the Engineering & Construction subindustry, Maire 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.


Maire SpA 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Maire SpA's 3-Year ROIIC % distribution charts can be found below:

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


MIL:MAIRE
91GF Score
Maire SpA MIL:MAIRE
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maire SpA 3-Year ROIIC % Calculation

Maire 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**
=( 300.2382432 (Dec. 2025) - 129.5493903 (Dec. 2022) )/( 2769.277 (Dec. 2025) - 2310.064 (Dec. 2022) )
=170.6888529/459.213
=37.17%***

* 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 37.17 mean?
Maire SpA (MIL:MAIRE) has a 3-Year ROIIC % of 37.17 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 Maire SpA and its competitors. This is 163% above median its historical median of 14.14. According to the industry distribution chart, Maire SpA ranks #262 out of 1680 companies in the Construction industry, placing it in the top 15.6%.
Is Maire SpA's 3-Year ROIIC % too high?
Maire SpA's current 3-Year ROIIC % of 37.17 is 163% above median its 10-year median of 14.14. The Construction industry median 3-Year ROIIC % is 4.63. Maire SpA's value of 37.17 is 702.8% above this industry median. Based on the distribution chart, Maire SpA ranks #262 out of 1680 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Maire SpA has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maire SpA's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Maire SpA ranks #262 out of 1680 companies for 3-Year ROIIC %. This places Maire SpA in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.63. Maire SpA's value of 37.17 is 702.8% above this benchmark. While the company's 10-year median is 14.14 vs. the industry median of 4.63, Maire 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 a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,680 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. Maire SpA's current 3-Year ROIIC % of 37.17 is 702.8% 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 Maire SpA and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maire SpA's current 3-Year ROIIC % is 37.17, which is 163% above median its own 10-year median of 14.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maire SpA stock overvalued right now?
Based on GuruFocus' analysis, Maire SpA (MIL:MAIRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.98, compared to a current price of €14.78 — trading 23.4% above its estimated fair value. The current 3-Year ROIIC % is 37.17, which is 163% above median its 10-year median of 14.14 and 702.8% above the Construction industry median of 4.63. Maire SpA's overall GF Score™ is 91/100 with 8 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 Maire SpA (MIL:MAIRE), the current 3-Year ROIIC % is 37.17 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 Maire SpA (MIL:MAIRE) Overvalued in 2026?

Based on GuruFocus' analysis, Maire SpA stock appears to be overvalued. The current stock price of €14.78 is trading 23.4% above its estimated GF Value™ of €11.98. GuruFocus considers Maire SpA to be Modestly Overvalued.

Key valuation signals for MIL:MAIRE:

  • 3-Year ROIIC %: 37.17 (163% above median its 10-year median of 14.14)
  • GF Value™: €11.98 vs. price of €14.78 (23.4% above fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 702.8% above the Construction median (#262 of 1680)

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


Maire SpA Business Description

Address Via Gaetano De Castillia 6A, Milan, ITA, 20124
Maire SpA is an Italy-based company that offers sustainable technological solutions for fertilizers, hydrogen, CO2 capture, fuels, chemicals, and polymers.
91GF Score

Get the complete analysis for MIL:MAIRE

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

€14.78
Price
€11.98
GF Value