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Ningbo United Group CoSHSE:600051 +1.44%47 3-Year ROIIC % is 33.09 as of Dec. 2025, which is 1391% above its 10-year median of 2.22. GuruFocus rates SHSE:600051 with a GF Score™ of 47/100 and a GF Value™ of ¥4.22 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 150 Industrial Distribution companies, Ningbo United Group Co ranks better than 83.33% 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.
Ningbo United Group Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 33.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ningbo United Group Co's 3-Year ROIIC % or its related term are showing as below:
SHSE:600051's 3-Year ROIIC % is ranked better than 83.33% of 150
companies
in the Industrial Distribution industry
Industry Median: 3.35
vs SHSE:600051: 33.09
Ningbo United Group Co (SHSE:600051) 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.
Ningbo United Group Co 3-Year ROIIC % Related Terms
Ningbo United Group Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Ningbo United Group Co'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.
SHSE:600051 vs GWW, FAST, FERG: 3-Year ROIIC % Comparison
For the Industrial Distribution subindustry, Ningbo United Group Co'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.
Ningbo United Group Co 3-Year ROIIC % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ningbo United Group Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ningbo United Group Co's 3-Year ROIIC % falls into.
* 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.
Ningbo United Group Co (SHSE:600051) has a 3-Year ROIIC % of 33.09 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 Ningbo United Group Co and its competitors. This is 1391% above median its historical median of 2.22. According to the industry distribution chart, Ningbo United Group Co ranks #25 out of 150 companies in the Industrial Distribution industry, placing it in the top 16.7%.
Is Ningbo United Group Co's 3-Year ROIIC % too high?
Ningbo United Group Co's current 3-Year ROIIC % of 33.09 is 1391% above median its 10-year median of 2.22. The Industrial Distribution industry median 3-Year ROIIC % is 3.35. Ningbo United Group Co's value of 33.09 is 887.8% above this industry median. Based on the distribution chart, Ningbo United Group Co ranks #25 out of 150 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo United Group Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's 3-Year ROIIC % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ningbo United Group Co ranks #25 out of 150 companies for 3-Year ROIIC %. This places Ningbo United Group Co in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.35. Ningbo United Group Co's value of 33.09 is 887.8% above this benchmark. While the company's 10-year median is 2.22 vs. the industry median of 3.35, Ningbo United Group Co 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 Industrial Distribution company?
The median 3-Year ROIIC % among Industrial Distribution companies is 3.35, based on 150 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. Ningbo United Group Co's current 3-Year ROIIC % of 33.09 is 887.8% 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 Ningbo United Group Co and its competitors. For the Industrial Distribution industry, the median 3-Year ROIIC % is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo United Group Co's current 3-Year ROIIC % is 33.09, which is 1391% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.22, compared to a current price of ¥5.64 — trading 33.6% above its estimated fair value. The current 3-Year ROIIC % is 33.09, which is 1391% above median its 10-year median of 2.22 and 887.8% above the Industrial Distribution industry median of 3.35. Ningbo United Group Co's overall GF Score™ is 47/100 with 7 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 Ningbo United Group Co (SHSE:600051), the current 3-Year ROIIC % is 33.09 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 Ningbo United Group Co (SHSE:600051) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued.
The current stock price of ¥5.64 is trading 33.6% above its estimated GF Value™ of ¥4.22.
GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600051:
3-Year ROIIC %: 33.09 (1391% above median its 10-year median of 2.22)
GF Value™: ¥4.22 vs. price of ¥5.64 (33.6% above fair value)
Industry Position: 887.8% above the Industrial Distribution median (#25 of 150)
No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
47GF Score
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