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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.
Scandinavian Astor Group AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Scandinavian Astor Group AB's 3-Year ROIIC % or its related term are showing as below:
NGM:ASTOR's 3-Year ROIIC % is ranked better than 53.75% of 320
companies
in the Aerospace & Defense industry
Industry Median: 3.79
vs NGM:ASTOR: 5.97
Scandinavian Astor Group AB (NGM:ASTOR) 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.
Scandinavian Astor Group AB 3-Year ROIIC % Related Terms
Scandinavian Astor Group AB 3-Year ROIIC % Historical Data
* 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.
NGM:ASTOR vs SPCX, GE, RTX: 3-Year ROIIC % Comparison
For the Aerospace & Defense subindustry, Scandinavian Astor Group AB'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.
Scandinavian Astor Group AB 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Scandinavian Astor Group AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Scandinavian Astor Group AB's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 39.958 (Dec. 2025) - -8.7340297 (Dec. 2022) )
/
( 926.971 (Dec. 2025) - 111.03 (Dec. 2022) )
=
48.6920297
/
815.941
=
5.97%***
* 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.
Scandinavian Astor Group AB (NGM:ASTOR) has a 3-Year ROIIC % of 5.97 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 Scandinavian Astor Group AB and its competitors. This is near median its historical median of 5.97. Over the past decade, Scandinavian Astor Group AB's 3-Year ROIIC % has ranged from 5.97 to 5.97. According to the industry distribution chart, Scandinavian Astor Group AB ranks #148 out of 320 companies in the Aerospace & Defense industry, placing it in the top 46.2%.
Is Scandinavian Astor Group AB's 3-Year ROIIC % too high?
Scandinavian Astor Group AB's current 3-Year ROIIC % of 5.97 is near median its 10-year median of 5.97. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 5.97. The Aerospace & Defense industry median 3-Year ROIIC % is 3.79. Scandinavian Astor Group AB's value of 5.97 is 57.5% above this industry median. Based on the distribution chart, Scandinavian Astor Group AB ranks #148 out of 320 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Scandinavian Astor Group AB has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Astor Group AB's 3-Year ROIIC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Scandinavian Astor Group AB ranks #148 out of 320 companies for 3-Year ROIIC %. This puts Scandinavian Astor Group AB in the upper half of its industry. The industry median 3-Year ROIIC % is 3.79. Scandinavian Astor Group AB's value of 5.97 is 57.5% above this benchmark. Historically, Scandinavian Astor Group AB's own 3-Year ROIIC % has ranged from 5.97 to 5.97 over the past decade. While the company's 10-year median is 5.97 vs. the industry median of 3.79, Scandinavian Astor Group AB 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 Aerospace & Defense company?
The median 3-Year ROIIC % among Aerospace & Defense companies is 3.79, based on 320 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. Scandinavian Astor Group AB's current 3-Year ROIIC % of 5.97 is 57.5% 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 Scandinavian Astor Group AB and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Astor Group AB's current 3-Year ROIIC % is 5.97, which is near median its own 10-year median of 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Astor Group AB stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Astor Group AB (NGM:ASTOR) is currently considered Possible Value Trap. The stock's GF Value™ is kr37.96, compared to a current price of kr18.60 — trading 51% below its estimated fair value. The current 3-Year ROIIC % is 5.97, which is near median its 10-year median of 5.97 and 57.5% above the Aerospace & Defense industry median of 3.79. Scandinavian Astor Group AB's overall GF Score™ is 55/100 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 Scandinavian Astor Group AB (NGM:ASTOR), the current 3-Year ROIIC % is 5.97 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 Scandinavian Astor Group AB (NGM:ASTOR) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Astor Group AB stock appears to be undervalued.
The current stock price of kr18.60 is trading 51% below its estimated GF Value™ of kr37.96.
GuruFocus considers Scandinavian Astor Group AB to be Possible Value Trap.
Key valuation signals for NGM:ASTOR:
3-Year ROIIC %: 5.97 (near median its 10-year median of 5.97)
GF Value™: kr37.96 vs. price of kr18.60 (51% below fair value)
Industry Position: 57.5% above the Aerospace & Defense median (#148 of 320)
No single metric tells the full story. See the NGM:ASTOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Astor Group AB is a prominent player in the defence industry, specialising in delivering high-quality products, services and technical solutions, in the defence sector and civil security, and other industrial segments. The Group is divided into three business areas: Astor Industry, Astor Tech and Astor Protect. The company generates revenues by selling customized products and services to the defense and security sectors, as well as civilian markets. Geographically, it operates in Sweden, Other EMEA, Americas, and Asia Pacific.
55GF Score
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