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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.
Nicoccino Holding AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -3.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nicoccino Holding AB's 3-Year ROIIC % or its related term are showing as below:
OSTO:NICO's 3-Year ROIIC % is ranked worse than 58.7% of 46
companies
in the Tobacco Products industry
Industry Median: 3.585
vs OSTO:NICO: -3.99
Nicoccino Holding AB (OSTO:NICO) 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.
Nicoccino Holding AB 3-Year ROIIC % Related Terms
Nicoccino Holding AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nicoccino Holding 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:NICO vs PM, MO, TPB: 3-Year ROIIC % Comparison
For the Tobacco subindustry, Nicoccino Holding 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.
Nicoccino Holding AB 3-Year ROIIC % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Nicoccino Holding AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nicoccino Holding AB's 3-Year ROIIC % falls into.
Nicoccino Holding 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**
=
( -7.876 (Dec. 2025) - -6.963 (Dec. 2022) )
/
( 36.313 (Dec. 2025) - 13.454 (Dec. 2022) )
=
-0.913
/
22.859
=
-3.99%***
* 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.
Nicoccino Holding AB (OSTO:NICO) has a 3-Year ROIIC % of -3.99 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 Nicoccino Holding AB and its competitors. According to the industry distribution chart, Nicoccino Holding AB ranks #27 out of 46 companies in the Tobacco Products industry, placing it in the top 58.7%.
Is Nicoccino Holding AB's 3-Year ROIIC % too high?
Nicoccino Holding AB's current 3-Year ROIIC % is -3.99. Based on the distribution chart, Nicoccino Holding AB ranks #27 out of 46 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Nicoccino Holding AB has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nicoccino Holding AB's 3-Year ROIIC % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Nicoccino Holding AB ranks #27 out of 46 companies for 3-Year ROIIC %. This places Nicoccino Holding AB in the lower half of its industry. The industry median 3-Year ROIIC % is 3.59. 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 Tobacco Products company?
The median 3-Year ROIIC % among Tobacco Products companies is 3.59, based on 46 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. 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 Nicoccino Holding AB and its competitors. For the Tobacco Products industry, the median 3-Year ROIIC % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nicoccino Holding AB's current 3-Year ROIIC % is -3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicoccino Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Nicoccino Holding AB (OSTO:NICO) is currently considered Possible Value Trap. The stock's GF Value™ is kr5.24, compared to a current price of kr1.20 — trading 77.1% below its estimated fair value. The current 3-Year ROIIC % is -3.99. Nicoccino Holding AB's overall GF Score™ is 50/100 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 Nicoccino Holding AB (OSTO:NICO), the current 3-Year ROIIC % is -3.99 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 Nicoccino Holding AB (OSTO:NICO) Overvalued in 2026?
Based on GuruFocus' analysis, Nicoccino Holding AB stock appears to be undervalued.
The current stock price of kr1.20 is trading 77.1% below its estimated GF Value™ of kr5.24.
GuruFocus considers Nicoccino Holding AB to be Possible Value Trap.
Key valuation signals for OSTO:NICO:
3-Year ROIIC %: -3.99
GF Value™: kr5.24 vs. price of kr1.20 (77.1% below fair value)
No single metric tells the full story. See the OSTO:NICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nicoccino Holding AB is a Sweden based company which has developed and patented a nicotine product free from tobacco. It offers a strip that through its delivery method provides the user with nicotine without the side effects of smoking. The product is designed to offer smokers an alternative to quit smoking.
50GF Score
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