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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.
Sabine Royalty Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 115,093.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sabine Royalty Trust's 3-Year ROIIC % or its related term are showing as below:
SBR's 3-Year ROIIC % is ranked better than 99.78% of 923
companies
in the Oil & Gas industry
Industry Median: -0.08
vs SBR: 115093.02
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.
Sabine Royalty Trust 3-Year ROIIC % Related Terms
Sabine Royalty Trust 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Sabine Royalty Trust'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.
For the Oil & Gas Midstream subindustry, Sabine Royalty Trust'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.
Sabine Royalty Trust 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sabine Royalty Trust's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sabine Royalty Trust's 3-Year ROIIC % falls into.
Sabine Royalty Trust'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**
=
( 72.972 (Dec. 2025) - 122.462 (Dec. 2022) )
/
( 0.07 (Dec. 2025) - 0.113 (Dec. 2022) )
=
-49.49
/
-0.042999999999999
=
115,093.02%***
* 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.
Sabine Royalty Trust (SBR) has a 3-Year ROIIC % of 115,093.02 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 Sabine Royalty Trust and its competitors. According to the industry distribution chart, Sabine Royalty Trust ranks #2 out of 923 companies in the Oil & Gas industry, placing it in the top 0.2%.
Is Sabine Royalty Trust's 3-Year ROIIC % too high?
Sabine Royalty Trust's current 3-Year ROIIC % is 115,093.02. Based on the distribution chart, Sabine Royalty Trust ranks #2 out of 923 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Sabine Royalty Trust has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sabine Royalty Trust's 3-Year ROIIC % compare to TEN and PBT?
According to the Oil & Gas industry distribution chart, Sabine Royalty Trust ranks #2 out of 923 companies for 3-Year ROIIC %. This places Sabine Royalty Trust in the top 0% of its industry — outperforming the majority of peers. 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 Sabine Royalty Trust and its competitors. Sabine Royalty Trust's current 3-Year ROIIC % is 115,093.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabine Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Sabine Royalty Trust (SBR) is currently considered Significantly Overvalued. The stock's GF Value™ is $49.96, compared to a current price of $74.18 — trading 48.5% above its estimated fair value. The current 3-Year ROIIC % is 115,093.02. Sabine Royalty Trust's overall GF Score™ is 76/100 with 10 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 Sabine Royalty Trust (SBR), the current 3-Year ROIIC % is 115,093.02 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 Sabine Royalty Trust (SBR) Overvalued in 2026?
Based on GuruFocus' analysis, Sabine Royalty Trust stock appears to be overvalued.
The current stock price of $74.18 is trading 48.5% above its estimated GF Value™ of $49.96.
GuruFocus considers Sabine Royalty Trust to be Significantly Overvalued.
Key valuation signals for SBR:
3-Year ROIIC %: 115,093.02
GF Value™: $49.96 vs. price of $74.18 (48.5% above fair value)
No single metric tells the full story. See the SBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sabine Royalty Trust formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interests, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas.
76GF Score
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