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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.
Next Biometrics Group ASA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 318.29%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Next Biometrics Group ASA's 3-Year ROIIC % or its related term are showing as below:
OSTO:NEXTo's 3-Year ROIIC % is ranked better than 96.97% of 2375
companies
in the Hardware industry
Industry Median: 2.34
vs OSTO:NEXTo: 318.29
Next Biometrics Group ASA (OSTO:NEXTo) 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.
Next Biometrics Group ASA 3-Year ROIIC % Related Terms
Next Biometrics Group ASA 3-Year ROIIC % Historical Data
* 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:NEXTO vs COHR, KEYS, GRMN: 3-Year ROIIC % Comparison
For the Scientific & Technical Instruments subindustry, Next Biometrics Group 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.
Next Biometrics Group ASA 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Next Biometrics Group ASA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Next Biometrics Group ASA's 3-Year ROIIC % falls into.
Next Biometrics Group ASA 3-Year ROIIC % Calculation
Next Biometrics Group 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**
=
( -80.591 (Dec. 2025) - -48.007509 (Dec. 2022) )
/
( 29.968 (Dec. 2025) - 40.205 (Dec. 2022) )
=
-32.583491
/
-10.237
=
318.29%***
* 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.
Next Biometrics Group ASA (OSTO:NEXTO) has a 3-Year ROIIC % of 318.29 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 Next Biometrics Group ASA and its competitors. According to the industry distribution chart, Next Biometrics Group ASA ranks #72 out of 2375 companies in the Hardware industry, placing it in the top 3%.
Is Next Biometrics Group ASA's 3-Year ROIIC % too high?
Next Biometrics Group ASA's current 3-Year ROIIC % is 318.29. The Hardware industry median 3-Year ROIIC % is 2.34. Next Biometrics Group ASA's value of 318.29 is 13502.1% above this industry median. Based on the distribution chart, Next Biometrics Group ASA ranks #72 out of 2375 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Next Biometrics Group ASA has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Next Biometrics Group ASA's 3-Year ROIIC % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Next Biometrics Group ASA ranks #72 out of 2375 companies for 3-Year ROIIC %. This places Next Biometrics Group ASA in the top 3% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. Next Biometrics Group ASA's value of 318.29 is 13502.1% above this benchmark. 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,375 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. Next Biometrics Group ASA's current 3-Year ROIIC % of 318.29 is 13502.1% 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 Next Biometrics Group ASA and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Biometrics Group ASA's current 3-Year ROIIC % is 318.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Biometrics Group ASA stock overvalued right now?
Next Biometrics Group ASA (OSTO:NEXTO) has a current 3-Year ROIIC % of 318.29. The stock's GF Value™ is kr74.08, compared to a current price of kr9.64 — trading 87% below its estimated fair value. The current 3-Year ROIIC % is 318.29 and 13502.1% above the Hardware industry median of 2.34. Next Biometrics Group ASA's overall GF Score™ is 33/100 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 Next Biometrics Group ASA (OSTO:NEXTO), the current 3-Year ROIIC % is 318.29 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 Next Biometrics Group ASA (OSTO:NEXTO) Overvalued in 2026?
Based on GuruFocus' analysis, Next Biometrics Group ASA stock appears to be undervalued.
The current stock price of kr9.64 is trading 87% below its estimated GF Value™ of kr74.08.
Key valuation signals for OSTO:NEXTO:
3-Year ROIIC %: 318.29
GF Value™: kr74.08 vs. price of kr9.64 (87% below fair value)
Industry Position: 13502.1% above the Hardware median (#72 of 2375)
No single metric tells the full story. See the OSTO:NEXTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Biometrics Group ASA provides fingerprint sensor technology and products. The company's products are utilized for Smart Card, Government ID, Access control, Notebook, and others. The company's products include smart card solutions, fingerprint sensor modules, fingerprint readers, Aadhar products, Software DevKits, and Hardware DevKits. The company has one operating segment namely; Fingerprint sensor Technology. The company's Geographic customer base consists of Asia (Japan and India), Europe (France and Germany) and North America.
33GF Score
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