Briox AB (NGM:BRIX) 3-Year ROIIC % : -4.30% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NGM:BRIX Briox AB NGM:BRIX
53 GF Score
Price kr18.96
GF Value kr5.39
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Briox AB 3-Year ROIIC %?

Briox AB NGM:BRIX +6.04% 53 3-Year ROIIC % is -4.30 as of Dec. 2025. GuruFocus rates NGM:BRIX with a GF Score™ of 53/100 and a GF Value™ of kr5.39 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,621 Software companies, Briox AB ranks worse than 65.89% 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. Briox AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -4.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Briox AB's 3-Year ROIIC % or its related term are showing as below:

NGM:BRIX's 3-Year ROIIC % is ranked worse than
65.89% of 2621 companies
in the Software industry
Industry Median: 5.35 vs NGM:BRIX: -4.30

Briox AB  (NGM:BRIX) 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.


Briox AB 3-Year ROIIC % Related Terms


Briox AB 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Briox 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.

Briox AB 3-Year ROIIC % Chart

Briox AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -163.47 -45.36 -9.82 -61.21 -4.30

Briox AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -4.30 0.00

NGM:BRIX vs MSFT, ORCL, PLTR: 3-Year ROIIC % Comparison

For the Software - Infrastructure subindustry, Briox 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.


Briox AB 3-Year ROIIC % vs Software Industry

For the Software industry and Technology sector, Briox AB's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Briox AB's 3-Year ROIIC % falls into.


NGM:BRIX
53GF Score
Briox AB NGM:BRIX
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Briox AB 3-Year ROIIC % Calculation

Briox 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**
=( -25.7378625 (Dec. 2025) - -22.74 (Dec. 2022) )/( 98.721 (Dec. 2025) - 29.014 (Dec. 2022) )
=-2.9978625/69.707
=-4.30%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -4.30 mean?
Briox AB (NGM:BRIX) has a 3-Year ROIIC % of -4.30 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 Briox AB and its competitors. According to the industry distribution chart, Briox AB ranks #1727 out of 2621 companies in the Software industry, placing it in the top 65.9%.
Is Briox AB's 3-Year ROIIC % too high?
Briox AB's current 3-Year ROIIC % is -4.30. Based on the distribution chart, Briox AB ranks #1727 out of 2621 companies in the Software industry, which is below the industry midpoint. Overall, Briox AB has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Briox AB's 3-Year ROIIC % compare to MSFT and ORCL?
According to the Software industry distribution chart, Briox AB ranks #1727 out of 2621 companies for 3-Year ROIIC %. This places Briox AB in the lower half of its industry. The industry median 3-Year ROIIC % is 5.35. 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 Software company?
The median 3-Year ROIIC % among Software companies is 5.35, based on 2,621 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 Briox AB and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Briox AB's current 3-Year ROIIC % is -4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Briox AB stock overvalued right now?
Based on GuruFocus' analysis, Briox AB (NGM:BRIX) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.39, compared to a current price of kr18.96 — trading 251.8% above its estimated fair value. The current 3-Year ROIIC % is -4.30. Briox AB's overall GF Score™ is 53/100 with 1 warning sign 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 Briox AB (NGM:BRIX), the current 3-Year ROIIC % is -4.30 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 Briox AB (NGM:BRIX) Overvalued in 2026?

Based on GuruFocus' analysis, Briox AB stock appears to be overvalued. The current stock price of kr18.96 is trading 251.8% above its estimated GF Value™ of kr5.39. GuruFocus considers Briox AB to be Significantly Overvalued.

Key valuation signals for NGM:BRIX:

  • 3-Year ROIIC %: -4.30
  • GF Value™: kr5.39 vs. price of kr18.96 (251.8% above fair value)
  • GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the NGM:BRIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Briox AB Business Description

Address Sodra Jarnvagsgatan 4A, Vaxjo, SWE, 352 29
Briox AB is a SaaS company. The company offers solutions to manage the smallest businesses finances. The solutions are being sold online and through Accounting Agencies and Accountants. Briox software connects the Accountant with the business owner, and the customers are to be found within multiple industries with a focus on the service segment. Its software is available in Finland, Estonia, Latvia and Lithuania.
53GF Score

Get the complete analysis for NGM:BRIX

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr18.96
Price
kr5.39
GF Value