Valtecne SpAMIL:VLT 89 3-Year ROIIC % is 15.02 as of Dec. 2025, which is 6% below its 10-year median of 16.05. GuruFocus rates MIL:VLT with a GF Score™ of 89/100 and a GF Value™ of €7.10 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,935 Industrial Products companies, Valtecne SpA ranks better than 69.3% 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.
Valtecne SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Valtecne SpA's 3-Year ROIIC % or its related term are showing as below:
MIL:VLT's 3-Year ROIIC % is ranked better than 69.3% of 2935
companies
in the Industrial Products industry
Industry Median: 3.45
vs MIL:VLT: 15.02
Valtecne SpA (MIL:VLT) 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.
Valtecne SpA 3-Year ROIIC % Related Terms
Valtecne SpA 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Valtecne 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.
MIL:VLT vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Valtecne 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.
Valtecne SpA 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Valtecne SpA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Valtecne SpA's 3-Year ROIIC % falls into.
Valtecne 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**
=
( 3.8555286 (Dec. 2025) - 2.594717 (Dec. 2022) )
/
( 27.92 (Dec. 2025) - 19.524 (Dec. 2022) )
=
1.2608116
/
8.396
=
15.02%***
* 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.
Valtecne SpA (MIL:VLT) has a 3-Year ROIIC % of 15.02 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 Valtecne SpA and its competitors. This is near median its historical median of 16.05. Over the past decade, Valtecne SpA's 3-Year ROIIC % has ranged from 15.02 to 29.98. According to the industry distribution chart, Valtecne SpA ranks #901 out of 2935 companies in the Industrial Products industry, placing it in the top 30.7%.
Is Valtecne SpA's 3-Year ROIIC % too high?
Valtecne SpA's current 3-Year ROIIC % of 15.02 is near median its 10-year median of 16.05. Over the past 10 years, this metric has ranged from a low of 15.02 to a high of 29.98. The Industrial Products industry median 3-Year ROIIC % is 3.45. Valtecne SpA's value of 15.02 is 335.4% above this industry median. Based on the distribution chart, Valtecne SpA ranks #901 out of 2935 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Valtecne SpA has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valtecne SpA's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Valtecne SpA ranks #901 out of 2935 companies for 3-Year ROIIC %. This puts Valtecne SpA in the upper half of its industry. The industry median 3-Year ROIIC % is 3.45. Valtecne SpA's value of 15.02 is 335.4% above this benchmark. Historically, Valtecne SpA's own 3-Year ROIIC % has ranged from 15.02 to 29.98 over the past decade. While the company's 10-year median is 16.05 vs. the industry median of 3.45, Valtecne 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 Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.45, based on 2,935 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. Valtecne SpA's current 3-Year ROIIC % of 15.02 is 335.4% 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 Valtecne SpA and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valtecne SpA's current 3-Year ROIIC % is 15.02, which is near median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valtecne SpA stock overvalued right now?
Based on GuruFocus' analysis, Valtecne SpA (MIL:VLT) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.10, compared to a current price of €11.60 — trading 63.4% above its estimated fair value. The current 3-Year ROIIC % is 15.02, which is near median its 10-year median of 16.05 and 335.4% above the Industrial Products industry median of 3.45. Valtecne SpA's overall GF Score™ is 89/100 with 9 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 Valtecne SpA (MIL:VLT), the current 3-Year ROIIC % is 15.02 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 Valtecne SpA (MIL:VLT) Overvalued in 2026?
Based on GuruFocus' analysis, Valtecne SpA stock appears to be overvalued.
The current stock price of €11.60 is trading 63.4% above its estimated GF Value™ of €7.10.
GuruFocus considers Valtecne SpA to be Significantly Overvalued.
Key valuation signals for MIL:VLT:
3-Year ROIIC %: 15.02 (near median its 10-year median of 16.05)
GF Value™: €7.10 vs. price of €11.60 (63.4% above fair value)
Industry Position: 335.4% above the Industrial Products median (#901 of 2935)
No single metric tells the full story. See the MIL:VLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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