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Mildef Group ABOSTO:MILDEF -4.72%86 3-Year ROIIC % is 12.40 as of Dec. 2025, which is 241% above its 10-year median of 3.64. GuruFocus rates OSTO:MILDEF with a GF Score™ of 86/100 and a GF Value™ of kr181.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 321 Aerospace & Defense companies, Mildef Group AB ranks better than 64.8% 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.
Mildef Group AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 12.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Mildef Group AB's 3-Year ROIIC % or its related term are showing as below:
OSTO:MILDEF's 3-Year ROIIC % is ranked better than 64.8% of 321
companies
in the Aerospace & Defense industry
Industry Median: 3.5
vs OSTO:MILDEF: 12.40
Mildef Group AB (OSTO:MILDEF) 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.
Mildef Group AB 3-Year ROIIC % Related Terms
Mildef Group AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Mildef Group 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.
OSTO:MILDEF vs SPCX, GE, RTX: 3-Year ROIIC % Comparison
For the Aerospace & Defense subindustry, Mildef Group 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.
Mildef Group AB 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mildef Group AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mildef Group AB's 3-Year ROIIC % falls into.
Mildef Group 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**
=
( 182.93625 (Dec. 2025) - 22.04008 (Dec. 2022) )
/
( 2515 (Dec. 2025) - 1217.7 (Dec. 2022) )
=
160.89617
/
1297.3
=
12.40%***
* 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.
Mildef Group AB (OSTO:MILDEF) has a 3-Year ROIIC % of 12.40 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 Mildef Group AB and its competitors. This is 241% above median its historical median of 3.64. According to the industry distribution chart, Mildef Group AB ranks #113 out of 321 companies in the Aerospace & Defense industry, placing it in the top 35.2%.
Is Mildef Group AB's 3-Year ROIIC % too high?
Mildef Group AB's current 3-Year ROIIC % of 12.40 is 241% above median its 10-year median of 3.64. The Aerospace & Defense industry median 3-Year ROIIC % is 3.50. Mildef Group AB's value of 12.40 is 254.3% above this industry median. Based on the distribution chart, Mildef Group AB ranks #113 out of 321 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Mildef Group AB has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mildef Group AB's 3-Year ROIIC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Mildef Group AB ranks #113 out of 321 companies for 3-Year ROIIC %. This puts Mildef Group AB in the upper half of its industry. The industry median 3-Year ROIIC % is 3.50. Mildef Group AB's value of 12.40 is 254.3% above this benchmark. While the company's 10-year median is 3.64 vs. the industry median of 3.50, Mildef Group AB 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 an Aerospace & Defense company?
The median 3-Year ROIIC % among Aerospace & Defense companies is 3.50, based on 321 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. Mildef Group AB's current 3-Year ROIIC % of 12.40 is 254.3% 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 Mildef Group AB and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mildef Group AB's current 3-Year ROIIC % is 12.40, which is 241% above median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mildef Group AB stock overvalued right now?
Based on GuruFocus' analysis, Mildef Group AB (OSTO:MILDEF) is currently considered Fairly Valued. The stock's GF Value™ is kr181.77, compared to a current price of kr176.45 — trading 2.9% below its estimated fair value. The current 3-Year ROIIC % is 12.40, which is 241% above median its 10-year median of 3.64 and 254.3% above the Aerospace & Defense industry median of 3.50. Mildef Group AB's overall GF Score™ is 86/100 with 5 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 Mildef Group AB (OSTO:MILDEF), the current 3-Year ROIIC % is 12.40 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 Mildef Group AB (OSTO:MILDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Mildef Group AB stock appears to be undervalued.
The current stock price of kr176.45 is trading 2.9% below its estimated GF Value™ of kr181.77.
GuruFocus considers Mildef Group AB to be Fairly Valued.
Key valuation signals for OSTO:MILDEF:
3-Year ROIIC %: 12.40 (241% above median its 10-year median of 3.64)
GF Value™: kr181.77 vs. price of kr176.45 (2.9% below fair value)
Industry Position: 254.3% above the Aerospace & Defense median (#113 of 321)
No single metric tells the full story. See the OSTO:MILDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mildef Group AB is a multinational systems integrator and full-spectrum provider specializing in rugged IT for military, government, and critical infrastructure sectors. It provides hardware, software, and services that shield and protect critical information streams and systems. Some of the products and services offered by the company include hardware products like intelligent displays, rugged laptops, routers, handhelds, robot controllers, etc; the OneCIS software solution, which provides a secure, flexible, scalable, and deployable tactical IT capability; and custom product development and integration services. Geographically, the company generates maximum revenue from Germany, and the rest from Sweden, Norway, the USA, Europe (excluding Nordics and Germany), and other countries.
86GF Score
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