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SMN Power HoldingOGMUS:SMNP 46 3-Year ROIIC % is 8.71 as of Dec. 2024, which is 139% above its 10-year median of 3.65. GuruFocus rates MUS:SMNP with a GF Score™ of 46/100 and a GF Value™ of ر.ع0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 397 Utilities - Independent Power Producers companies, SMN Power HoldingOG ranks better than 70.03% 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.
SMN Power HoldingOG's 3-Year ROIIC % for the quarter that ended in Dec. 2024 was 8.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for SMN Power HoldingOG's 3-Year ROIIC % or its related term are showing as below:
SMN Power HoldingOG (MUS:SMNP) 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.
SMN Power HoldingOG 3-Year ROIIC % Related Terms
SMN Power HoldingOG 3-Year ROIIC % Historical Data
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The historical data trend for SMN Power HoldingOG'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.
MUS:SMNP vs CEG, VST, NRG: 3-Year ROIIC % Comparison
For the Utilities - Independent Power Producers subindustry, SMN Power HoldingOG'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.
SMN Power HoldingOG 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SMN Power HoldingOG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where SMN Power HoldingOG's 3-Year ROIIC % falls into.
SMN Power HoldingOG'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**
=
( 6.3246872 (Dec. 2024) - 12.798333 (Dec. 2021) )
/
( 98.292 (Dec. 2024) - 172.657 (Dec. 2021) )
=
-6.4736458
/
-74.365
=
8.71%***
* 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.
SMN Power HoldingOG (MUS:SMNP) has a 3-Year ROIIC % of 8.71 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 SMN Power HoldingOG and its competitors. This is 139% above median its historical median of 3.65. According to the industry distribution chart, SMN Power HoldingOG ranks #119 out of 397 companies in the Utilities - Independent Power Producers industry, placing it in the top 30%.
Is SMN Power HoldingOG's 3-Year ROIIC % too high?
SMN Power HoldingOG's current 3-Year ROIIC % of 8.71 is 139% above median its 10-year median of 3.65. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.15. SMN Power HoldingOG's value of 8.71 is 657.4% above this industry median. Based on the distribution chart, SMN Power HoldingOG ranks #119 out of 397 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, SMN Power HoldingOG has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMN Power HoldingOG's 3-Year ROIIC % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, SMN Power HoldingOG ranks #119 out of 397 companies for 3-Year ROIIC %. This puts SMN Power HoldingOG in the upper half of its industry. The industry median 3-Year ROIIC % is 1.15. SMN Power HoldingOG's value of 8.71 is 657.4% above this benchmark. While the company's 10-year median is 3.65 vs. the industry median of 1.15, SMN Power HoldingOG 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 1.15, based on 397 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. SMN Power HoldingOG's current 3-Year ROIIC % of 8.71 is 657.4% 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 SMN Power HoldingOG and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMN Power HoldingOG's current 3-Year ROIIC % is 8.71, which is 139% above median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMN Power HoldingOG stock overvalued right now?
Based on GuruFocus' analysis, SMN Power HoldingOG (MUS:SMNP) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.10, compared to a current price of ر.ع0.20 — trading 102% above its estimated fair value. The current 3-Year ROIIC % is 8.71, which is 139% above median its 10-year median of 3.65 and 657.4% above the Utilities - Independent Power Producers industry median of 1.15. SMN Power HoldingOG's overall GF Score™ is 46/100 with 5 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 SMN Power HoldingOG (MUS:SMNP), the current 3-Year ROIIC % is 8.71 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 SMN Power HoldingOG (MUS:SMNP) Overvalued in 2026?
Based on GuruFocus' analysis, SMN Power HoldingOG stock appears to be overvalued.
The current stock price of ر.ع0.20 is trading 102% above its estimated GF Value™ of ر.ع0.10.
GuruFocus considers SMN Power HoldingOG to be Significantly Overvalued.
Key valuation signals for MUS:SMNP:
3-Year ROIIC %: 8.71 (139% above median its 10-year median of 3.65)
GF Value™: ر.ع0.10 vs. price of ر.ع0.20 (102% above fair value)
Industry Position: 657.4% above the Utilities - Independent Power Producers median (#119 of 397)
No single metric tells the full story. See the MUS:SMNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMN Power Holding SAOG is a company based in the Sultanate of Oman. Along with its subsidiaries, the company is engaged in the power generation and water desalination business. The company also invests its funds in shares, bonds, and securities, and owns and leases patents, trademarks, concessions, and other incorporeal rights to its subsidiaries and other companies.
46GF Score
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