Onward Medical NVONWRF 37 3-Year ROIIC % is 661.50 as of Dec. 2025. GuruFocus rates ONWRF with a GF Score™ of 37/100 and a GF Value™ of $176.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,322 Biotechnology companies, Onward Medical NV ranks better than 92.06% 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.
Onward Medical NV's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 661.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Onward Medical NV's 3-Year ROIIC % or its related term are showing as below:
ONWRF's 3-Year ROIIC % is ranked better than 92.06% of 1322
companies
in the Biotechnology industry
Industry Median: -4.82
vs ONWRF: 661.50
Onward Medical NV (OTCPK:ONWRF) 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.
Onward Medical NV 3-Year ROIIC % Related Terms
Onward Medical NV 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Onward Medical NV'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.
ONWRF vs VRTX, REGN, ALNY: 3-Year ROIIC % Comparison
For the Biotechnology subindustry, Onward Medical NV'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.
Onward Medical NV 3-Year ROIIC % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Onward Medical NV's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Onward Medical NV's 3-Year ROIIC % falls into.
Onward Medical NV'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**
=
( -47.911 (Dec. 2025) - -33.1544416 (Dec. 2022) )
/
( 15.749 (Dec. 2025) - 15.789 (Dec. 2022) )
=
-14.7565584
/
-0.040000000000006
=
36,891.40%***
* 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.
Onward Medical NV (ONWRF) has a 3-Year ROIIC % of 661.50 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 Onward Medical NV and its competitors. According to the industry distribution chart, Onward Medical NV ranks #105 out of 1322 companies in the Biotechnology industry, placing it in the top 7.9%.
Is Onward Medical NV's 3-Year ROIIC % too high?
Onward Medical NV's current 3-Year ROIIC % is 661.50. Based on the distribution chart, Onward Medical NV ranks #105 out of 1322 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Onward Medical NV has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Onward Medical NV's 3-Year ROIIC % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Onward Medical NV ranks #105 out of 1322 companies for 3-Year ROIIC %. This places Onward Medical NV in the top 8% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good 3-Year ROIIC % depends on the Biotechnology 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 Onward Medical NV and its competitors. Onward Medical NV's current 3-Year ROIIC % is 661.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Medical NV stock overvalued right now?
Based on GuruFocus' analysis, Onward Medical NV (ONWRF) is currently considered Possible Value Trap. The stock's GF Value™ is $176.44, compared to a current price of $2.94 — trading 98.3% below its estimated fair value. The current 3-Year ROIIC % is 661.50. Onward Medical NV's overall GF Score™ is 37/100 with 4 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 Onward Medical NV (ONWRF), the current 3-Year ROIIC % is 661.50 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 Onward Medical NV (ONWRF) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Medical NV stock appears to be undervalued.
The current stock price of $2.94 is trading 98.3% below its estimated GF Value™ of $176.44.
GuruFocus considers Onward Medical NV to be Possible Value Trap.
Key valuation signals for ONWRF:
3-Year ROIIC %: 661.50
GF Value™: $176.44 vs. price of $2.94 (98.3% below fair value)
No single metric tells the full story. See the ONWRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Medical NV is developing and commercializing therapies to enable functional recovery for people with Spinal Cord Injury (SCI). The company's technology platforms are based on ONWARD ARC Therapy (ARC Therapy), targeted, programmed electrical stimulation of the spinal cord designed to restore movement, independence, and health in people with SCI.
37GF Score
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