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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.
Sea1 Offshore's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -26.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sea1 Offshore's 3-Year ROIIC % or its related term are showing as below:
OSL:SEA1's 3-Year ROIIC % is ranked worse than 75.65% of 924
companies
in the Oil & Gas industry
Industry Median: -0.005
vs OSL:SEA1: -26.88
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.
Sea1 Offshore 3-Year ROIIC % Related Terms
Sea1 Offshore 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Sea1 Offshore'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:SEA1 vs SLB, BKR, HAL: 3-Year ROIIC % Comparison
For the Oil & Gas Equipment & Services subindustry, Sea1 Offshore'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.
Sea1 Offshore 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sea1 Offshore's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sea1 Offshore's 3-Year ROIIC % falls into.
Sea1 Offshore'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**
=
( 974.4832565 (Dec. 2025) - 389.977 (Dec. 2022) )
/
( 7396.906 (Dec. 2025) - 9571.486 (Dec. 2022) )
=
584.5062565
/
-2174.58
=
-26.88%***
* 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.
Sea1 Offshore (OSL:SEA1) has a 3-Year ROIIC % of -26.88 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 Sea1 Offshore and its competitors. According to the industry distribution chart, Sea1 Offshore ranks #699 out of 924 companies in the Oil & Gas industry, placing it in the top 75.6%.
Is Sea1 Offshore's 3-Year ROIIC % too high?
Sea1 Offshore's current 3-Year ROIIC % is -26.88. Based on the distribution chart, Sea1 Offshore ranks #699 out of 924 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Sea1 Offshore has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea1 Offshore's 3-Year ROIIC % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Sea1 Offshore ranks #699 out of 924 companies for 3-Year ROIIC %. This places Sea1 Offshore 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 Sea1 Offshore and its competitors. Sea1 Offshore's current 3-Year ROIIC % is -26.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea1 Offshore stock overvalued right now?
Based on GuruFocus' analysis, Sea1 Offshore (OSL:SEA1) is currently considered Modestly Undervalued. The stock's GF Value™ is kr28.88, compared to a current price of kr26.10 — trading 9.6% below its estimated fair value. The current 3-Year ROIIC % is -26.88. Sea1 Offshore's overall GF Score™ is 76/100 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 Sea1 Offshore (OSL:SEA1), the current 3-Year ROIIC % is -26.88 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 Sea1 Offshore (OSL:SEA1) Overvalued in 2026?
Based on GuruFocus' analysis, Sea1 Offshore stock appears to be undervalued.
The current stock price of kr26.10 is trading 9.6% below its estimated GF Value™ of kr28.88.
GuruFocus considers Sea1 Offshore to be Modestly Undervalued.
Key valuation signals for OSL:SEA1:
3-Year ROIIC %: -26.88
GF Value™: kr28.88 vs. price of kr26.10 (9.6% below fair value)
No single metric tells the full story. See the OSL:SEA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sea1 Offshore Inc is a vessel provider to the offshore oil and gas and renewable industry. It provides a wide range of services with its vessels, equipment and an experienced crew. The fleet consists of various vessels and includes platform supply vessels, anchor handling tug and supply as well as offshore subsea construction and well intervention vessels. The reportable segments are Subsea Vessels, Anchor-Handling Tug Supply (AHTS) Vessels, Platform Supply Vessels (PSVs), Fast Crew & Oil Spill Recovery Vessels, and Other. The company generates the majority of its revenue from the Subsea Vessels segment.
76GF Score
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