SATS ASAOSL:SATS -0.72%70 3-Year ROIIC % is 69.22 as of Dec. 2025, which is 90% above its 10-year median of 36.48. GuruFocus rates OSL:SATS with a GF Score™ of 70/100 and a GF Value™ of kr27.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 790 Travel & Leisure companies, SATS ASA ranks better than 87.09% 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.
SATS ASA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 69.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for SATS ASA's 3-Year ROIIC % or its related term are showing as below:
OSL:SATS's 3-Year ROIIC % is ranked better than 87.09% of 790
companies
in the Travel & Leisure industry
Industry Median: 4.36
vs OSL:SATS: 69.22
SATS ASA (OSL:SATS) 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.
SATS ASA 3-Year ROIIC % Related Terms
SATS ASA 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for SATS ASA'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.
OSL:SATS vs AS, HAS, LTH: 3-Year ROIIC % Comparison
For the Leisure subindustry, SATS ASA'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.
SATS ASA 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, SATS ASA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where SATS ASA's 3-Year ROIIC % falls into.
SATS ASA'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**
=
( 687.0501 (Dec. 2025) - 19.7925 (Dec. 2022) )
/
( 10666 (Dec. 2025) - 9702 (Dec. 2022) )
=
667.2576
/
964
=
69.22%***
* 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.
SATS ASA (OSL:SATS) has a 3-Year ROIIC % of 69.22 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 SATS ASA and its competitors. This is 90% above median its historical median of 36.48. According to the industry distribution chart, SATS ASA ranks #102 out of 790 companies in the Travel & Leisure industry, placing it in the top 12.9%.
Is SATS ASA's 3-Year ROIIC % too high?
SATS ASA's current 3-Year ROIIC % of 69.22 is 90% above median its 10-year median of 36.48. The Travel & Leisure industry median 3-Year ROIIC % is 4.36. SATS ASA's value of 69.22 is 1487.6% above this industry median. Based on the distribution chart, SATS ASA ranks #102 out of 790 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, SATS ASA has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SATS ASA's 3-Year ROIIC % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, SATS ASA ranks #102 out of 790 companies for 3-Year ROIIC %. This places SATS ASA in the top 13% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.36. SATS ASA's value of 69.22 is 1487.6% above this benchmark. While the company's 10-year median is 36.48 vs. the industry median of 4.36, SATS ASA 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 a Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 4.36, based on 790 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. SATS ASA's current 3-Year ROIIC % of 69.22 is 1487.6% 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 SATS ASA and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SATS ASA's current 3-Year ROIIC % is 69.22, which is 90% above median its own 10-year median of 36.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS ASA stock overvalued right now?
Based on GuruFocus' analysis, SATS ASA (OSL:SATS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr27.83, compared to a current price of kr41.15 — trading 47.9% above its estimated fair value. The current 3-Year ROIIC % is 69.22, which is 90% above median its 10-year median of 36.48 and 1487.6% above the Travel & Leisure industry median of 4.36. SATS ASA's overall GF Score™ is 70/100 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 SATS ASA (OSL:SATS), the current 3-Year ROIIC % is 69.22 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 SATS ASA (OSL:SATS) Overvalued in 2026?
Based on GuruFocus' analysis, SATS ASA stock appears to be overvalued.
The current stock price of kr41.15 is trading 47.9% above its estimated GF Value™ of kr27.83.
GuruFocus considers SATS ASA to be Significantly Overvalued.
Key valuation signals for OSL:SATS:
3-Year ROIIC %: 69.22 (90% above median its 10-year median of 36.48)
GF Value™: kr27.83 vs. price of kr41.15 (47.9% above fair value)
Industry Position: 1487.6% above the Travel & Leisure median (#102 of 790)
No single metric tells the full story. See the OSL:SATS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SATS ASA is engaged in providing fitness training services in the Nordics for both men and women. The company's training options include studio training for individual strength and cardio training, group training classes, personal trainers specializing in a wide range of areas, boot camps for smaller groups, out-of-club training for members' convenience, and retail shops providing members.
70GF Score
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