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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.
Norris Industries's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was -738.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Norris Industries's 3-Year ROIIC % or its related term are showing as below:
NRIS's 3-Year ROIIC % is ranked worse than 98.7% of 923
companies
in the Oil & Gas industry
Industry Median: -0.08
vs NRIS: -738.10
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.
Norris Industries 3-Year ROIIC % Related Terms
Norris Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Norris Industries'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 Oil & Gas E&P subindustry, Norris Industries'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.
Norris Industries 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Norris Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Norris Industries's 3-Year ROIIC % falls into.
Norris Industries's 3-Year ROIIC % for the quarter that ended in Feb. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.544 (Feb. 2026) - -0.389 (Feb. 2023) )
/
( 0.183 (Feb. 2026) - 0.162 (Feb. 2023) )
=
-0.155
/
0.021
=
-738.10%***
* 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.
Norris Industries (NRIS) has a 3-Year ROIIC % of -738.10 as of Feb. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Norris Industries and its competitors. According to the industry distribution chart, Norris Industries ranks #911 out of 923 companies in the Oil & Gas industry, placing it in the top 98.7%.
Is Norris Industries' 3-Year ROIIC % too high?
Norris Industries' current 3-Year ROIIC % is -738.10. Based on the distribution chart, Norris Industries ranks #911 out of 923 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Norris Industries has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norris Industries' 3-Year ROIIC % compare to BRN and MXC?
According to the Oil & Gas industry distribution chart, Norris Industries ranks #911 out of 923 companies for 3-Year ROIIC %. This places Norris Industries in the lower half of its industry. 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 Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. 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 Norris Industries and its competitors. Norris Industries's current 3-Year ROIIC % is -738.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norris Industries stock overvalued right now?
Based on GuruFocus' analysis, Norris Industries (NRIS) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.13 — trading 227.8% above its estimated fair value. The current 3-Year ROIIC % is -738.10. Norris Industries' overall GF Score™ is 17/100 with 6 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 Norris Industries (NRIS), the current 3-Year ROIIC % is -738.10 as of Feb. 2026. 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 Norris Industries (NRIS) Overvalued in 2026?
Based on GuruFocus' analysis, Norris Industries stock appears to be overvalued.
The current stock price of $0.13 is trading 227.8% above its estimated GF Value™ of $0.04.
GuruFocus considers Norris Industries to be Significantly Overvalued.
Key valuation signals for NRIS:
3-Year ROIIC %: -738.10
GF Value™: $0.04 vs. price of $0.13 (227.8% above fair value)
No single metric tells the full story. See the NRIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
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