Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Avsalt Group ABNGM:AVSALT +1.06%31 3-Year ROIIC % is -70.24 as of Dec. 2025. GuruFocus rates NGM:AVSALT with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 2,933 Industrial Products companies, Avsalt Group AB ranks worse than 90.56% 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.
Avsalt Group AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -70.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Avsalt Group AB's 3-Year ROIIC % or its related term are showing as below:
NGM:AVSALT's 3-Year ROIIC % is ranked worse than 90.56% of 2933
companies
in the Industrial Products industry
Industry Median: 3.39
vs NGM:AVSALT: -70.24
Avsalt Group AB (NGM:AVSALT) 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.
Avsalt Group AB 3-Year ROIIC % Related Terms
Avsalt Group AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Avsalt Group AB'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.
NGM:AVSALT vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Avsalt 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.
Avsalt Group AB 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Avsalt Group AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Avsalt Group AB's 3-Year ROIIC % falls into.
Avsalt Group AB'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**
=
( -5.256 (Dec. 2025) - -13.2851496 (Dec. 2022) )
/
( 8.871 (Dec. 2025) - 20.302 (Dec. 2022) )
=
8.0291496
/
-11.431
=
-70.24%***
* 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.
Avsalt Group AB (NGM:AVSALT) has a 3-Year ROIIC % of -70.24 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 Avsalt Group AB and its competitors. According to the industry distribution chart, Avsalt Group AB ranks #2656 out of 2933 companies in the Industrial Products industry, placing it in the top 90.6%.
Is Avsalt Group AB's 3-Year ROIIC % too high?
Avsalt Group AB's current 3-Year ROIIC % is -70.24. Based on the distribution chart, Avsalt Group AB ranks #2656 out of 2933 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Avsalt Group AB has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Avsalt Group AB's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Avsalt Group AB ranks #2656 out of 2933 companies for 3-Year ROIIC %. This places Avsalt Group AB in the lower half of its industry. The industry median 3-Year ROIIC % is 3.39. 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 3.39, based on 2,933 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. 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 Avsalt Group AB and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avsalt Group AB's current 3-Year ROIIC % is -70.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avsalt Group AB stock overvalued right now?
Avsalt Group AB (NGM:AVSALT) has a current 3-Year ROIIC % of -70.24. The current 3-Year ROIIC % is -70.24. Avsalt Group AB's overall GF Score™ is 31/100 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 Avsalt Group AB (NGM:AVSALT), the current 3-Year ROIIC % is -70.24 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.
Avsalt Group AB is a Swedish environmental technology company that manufactures desalination machines to purify water. The company's patented technology entails minimal maintenance and low energy consumption and enables a continuous flow of water purified from ions and charged small molecules. The technology is based on thin carbon-based electrodes which, with alternating voltage application, remove ions and charged small molecules from the water.
31GF Score
Get the complete analysis for NGM:AVSALT
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
NGM:AVSALT has been successfully added to your 
