NEXE InnovationsNEXNF +0.84%32 3-Year ROIIC % is 42.37 as of May. 2025, which is 34% above its 10-year median of 31.56. GuruFocus rates NEXNF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 385 Packaging & Containers companies, NEXE Innovations ranks better than 84.94% 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.
NEXE Innovations's 3-Year ROIIC % for the quarter that ended in May. 2025 was 42.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NEXE Innovations's 3-Year ROIIC % or its related term are showing as below:
NEXNF's 3-Year ROIIC % is ranked better than 84.94% of 385
companies
in the Packaging & Containers industry
Industry Median: 1.2
vs NEXNF: 42.37
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.
NEXE Innovations 3-Year ROIIC % Related Terms
NEXE Innovations 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NEXE Innovations'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 Packaging & Containers subindustry, NEXE Innovations'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.
NEXE Innovations 3-Year ROIIC % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, NEXE Innovations's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NEXE Innovations's 3-Year ROIIC % falls into.
NEXE Innovations's 3-Year ROIIC % for the quarter that ended in May. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -4.998 (May. 2025) - -6.118 (May. 2022) )
/
( 15.369 (May. 2025) - 14.856 (May. 2022) )
=
1.12
/
0.513
=
218.32%***
* 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.
NEXE Innovations (NEXNF) has a 3-Year ROIIC % of 42.37 as of May. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on NEXE Innovations and its competitors. This is 34% above median its historical median of 31.56. According to the industry distribution chart, NEXE Innovations ranks #58 out of 385 companies in the Packaging & Containers industry, placing it in the top 15.1%.
Is NEXE Innovations' 3-Year ROIIC % too high?
NEXE Innovations' current 3-Year ROIIC % of 42.37 is 34% above median its 10-year median of 31.56. The Packaging & Containers industry median 3-Year ROIIC % is 1.20. NEXE Innovations' value of 42.37 is 3430.8% above this industry median. Based on the distribution chart, NEXE Innovations ranks #58 out of 385 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, NEXE Innovations has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NEXE Innovations' 3-Year ROIIC % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, NEXE Innovations ranks #58 out of 385 companies for 3-Year ROIIC %. This places NEXE Innovations in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.20. NEXE Innovations' value of 42.37 is 3430.8% above this benchmark. While the company's 10-year median is 31.56 vs. the industry median of 1.20, NEXE Innovations 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 Packaging & Containers company?
The median 3-Year ROIIC % among Packaging & Containers companies is 1.20, based on 385 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. NEXE Innovations's current 3-Year ROIIC % of 42.37 is 3430.8% 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 NEXE Innovations and its competitors. For the Packaging & Containers industry, the median 3-Year ROIIC % is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXE Innovations's current 3-Year ROIIC % is 42.37, which is 34% above median its own 10-year median of 31.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXE Innovations stock overvalued right now?
NEXE Innovations (NEXNF) has a current 3-Year ROIIC % of 42.37. The current 3-Year ROIIC % is 42.37, which is 34% above median its 10-year median of 31.56 and 3430.8% above the Packaging & Containers industry median of 1.20. NEXE Innovations' overall GF Score™ is 32/100 with 2 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 NEXE Innovations (NEXNF), the current 3-Year ROIIC % is 42.37 as of May. 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.
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing company based in British Columbia, Canada. The company has developed patented, fully compostable, plant-based single-serve coffee pods for use in single-serve coffee machines. The company is an innovator and manufacturer of fully compostable materials, revolutionizing the landscape of everyday consumer products and single-use items. The NEXE Pod is BPI compostable and complies with rigorous international standards for compostable materials.
32GF Score
Get the complete analysis for NEXNF
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NEXNF has been successfully added to your 
