Redelfi SpAMIL:RDF +0.37%42 3-Year ROIIC % is 11.57 as of Dec. 2025, which is 16% below its 10-year median of 13.83. GuruFocus rates MIL:RDF with a GF Score™ of 42/100 and a GF Value™ of €2.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 393 Utilities - Independent Power Producers companies, Redelfi SpA ranks better than 73.79% 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.
Redelfi SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 11.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Redelfi SpA's 3-Year ROIIC % or its related term are showing as below:
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.
Redelfi SpA 3-Year ROIIC % Related Terms
Redelfi SpA 3-Year ROIIC % Historical Data
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The historical data trend for Redelfi 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 Utilities - Renewable subindustry, Redelfi 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.
Redelfi SpA 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Redelfi SpA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Redelfi SpA's 3-Year ROIIC % falls into.
Redelfi 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**
=
( 8.8689544 (Dec. 2025) - 0.9134928 (Dec. 2022) )
/
( 79.127 (Dec. 2025) - 10.39 (Dec. 2022) )
=
7.9554616
/
68.737
=
11.57%***
* 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.
Redelfi SpA (MIL:RDF) has a 3-Year ROIIC % of 11.57 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 Redelfi SpA and its competitors. This is 16% below median its historical median of 13.83. Over the past decade, Redelfi SpA's 3-Year ROIIC % has ranged from 11.57 to 16.09. According to the industry distribution chart, Redelfi SpA ranks #103 out of 393 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.2%.
Is Redelfi SpA's 3-Year ROIIC % too high?
Redelfi SpA's current 3-Year ROIIC % of 11.57 is 16% below median its 10-year median of 13.83. Over the past 10 years, this metric has ranged from a low of 11.57 to a high of 16.09. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.25. Redelfi SpA's value of 11.57 is 825.6% above this industry median. Based on the distribution chart, Redelfi SpA ranks #103 out of 393 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Redelfi SpA has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redelfi SpA's 3-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Redelfi SpA ranks #103 out of 393 companies for 3-Year ROIIC %. This puts Redelfi SpA in the upper half of its industry. The industry median 3-Year ROIIC % is 1.25. Redelfi SpA's value of 11.57 is 825.6% above this benchmark. Historically, Redelfi SpA's own 3-Year ROIIC % has ranged from 11.57 to 16.09 over the past decade. While the company's 10-year median is 13.83 vs. the industry median of 1.25, Redelfi 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 - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.25, based on 393 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. Redelfi SpA's current 3-Year ROIIC % of 11.57 is 825.6% 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 Redelfi SpA and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redelfi SpA's current 3-Year ROIIC % is 11.57, which is 16% below median its own 10-year median of 13.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redelfi SpA stock overvalued right now?
Based on GuruFocus' analysis, Redelfi SpA (MIL:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.23, compared to a current price of €10.98 — trading 392.4% above its estimated fair value. The current 3-Year ROIIC % is 11.57, which is 16% below median its 10-year median of 13.83 and 825.6% above the Utilities - Independent Power Producers industry median of 1.25. Redelfi SpA's overall GF Score™ is 42/100 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 Redelfi SpA (MIL:RDF), the current 3-Year ROIIC % is 11.57 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 Redelfi SpA (MIL:RDF) Overvalued in 2026?
Based on GuruFocus' analysis, Redelfi SpA stock appears to be overvalued.
The current stock price of €10.98 is trading 392.4% above its estimated GF Value™ of €2.23.
GuruFocus considers Redelfi SpA to be Significantly Overvalued.
Key valuation signals for MIL:RDF:
3-Year ROIIC %: 11.57 (16% below median its 10-year median of 13.83)
GF Value™: €2.23 vs. price of €10.98 (392.4% above fair value)
Industry Position: 825.6% above the Utilities - Independent Power Producers median (#103 of 393)
No single metric tells the full story. See the MIL:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redelfi SpA operates as an industrial ESG management company. It specializes in the deployment of technological solutions related to the digital and ecological transition. The company's different business units are; Green which is engaged in the installation of renewable energy infrastructures (solar, wind, and hydroelectric), solar parks, mini hydroelectric power plants, energy storage parks, etc; MarTech which is oriented towards product and process innovation related to the IT market; and GreenTech which is engaged in the development of digital solutions (blockchain, crypto-currencies, etc.) for environmental projects such as reduction of CO2 emissions, fight against climate change, reforestation, etc.
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