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NBTM New Materials Group CoSHSE:600114 -0.10%86 3-Year ROIIC % is 82.83 as of Dec. 2025, which is 458% above its 10-year median of 14.85. GuruFocus rates SHSE:600114 with a GF Score™ of 86/100 and a GF Value™ of ¥23.76 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,251 Vehicles & Parts companies, NBTM New Materials Group Co ranks better than 91.69% 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.
NBTM New Materials Group Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 82.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NBTM New Materials Group Co's 3-Year ROIIC % or its related term are showing as below:
SHSE:600114's 3-Year ROIIC % is ranked better than 91.69% of 1251
companies
in the Vehicles & Parts industry
Industry Median: 4.24
vs SHSE:600114: 82.83
NBTM New Materials Group Co (SHSE:600114) 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.
NBTM New Materials Group Co 3-Year ROIIC % Related Terms
NBTM New Materials Group Co 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.
SHSE:600114 vs ORLY, AZO: 3-Year ROIIC % Comparison
For the Auto Parts subindustry, NBTM New Materials 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.
NBTM New Materials Group Co 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NBTM New Materials Group Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NBTM New Materials Group Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 806.0873058 (Dec. 2025) - 285.003 (Dec. 2022) )
/
( 6113.284 (Dec. 2025) - 5484.152 (Dec. 2022) )
=
521.0843058
/
629.132
=
82.83%***
* 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.
NBTM New Materials Group Co (SHSE:600114) has a 3-Year ROIIC % of 82.83 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 NBTM New Materials Group Co and its competitors. This is 458% above median its historical median of 14.85. According to the industry distribution chart, NBTM New Materials Group Co ranks #104 out of 1251 companies in the Vehicles & Parts industry, placing it in the top 8.3%.
Is NBTM New Materials Group Co's 3-Year ROIIC % too high?
NBTM New Materials Group Co's current 3-Year ROIIC % of 82.83 is 458% above median its 10-year median of 14.85. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. NBTM New Materials Group Co's value of 82.83 is 1853.5% above this industry median. Based on the distribution chart, NBTM New Materials Group Co ranks #104 out of 1251 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, NBTM New Materials Group Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NBTM New Materials Group Co's 3-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NBTM New Materials Group Co ranks #104 out of 1251 companies for 3-Year ROIIC %. This places NBTM New Materials Group Co in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.24. NBTM New Materials Group Co's value of 82.83 is 1853.5% above this benchmark. While the company's 10-year median is 14.85 vs. the industry median of 4.24, NBTM New Materials 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 a Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,251 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. NBTM New Materials Group Co's current 3-Year ROIIC % of 82.83 is 1853.5% 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 NBTM New Materials Group Co and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBTM New Materials Group Co's current 3-Year ROIIC % is 82.83, which is 458% above median its own 10-year median of 14.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBTM New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, NBTM New Materials Group Co (SHSE:600114) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.76, compared to a current price of ¥29.88 — trading 25.8% above its estimated fair value. The current 3-Year ROIIC % is 82.83, which is 458% above median its 10-year median of 14.85 and 1853.5% above the Vehicles & Parts industry median of 4.24. NBTM New Materials Group Co's overall GF Score™ is 86/100 with 1 warning sign 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 NBTM New Materials Group Co (SHSE:600114), the current 3-Year ROIIC % is 82.83 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 NBTM New Materials Group Co (SHSE:600114) Overvalued in 2026?
Based on GuruFocus' analysis, NBTM New Materials Group Co stock appears to be overvalued.
The current stock price of ¥29.88 is trading 25.8% above its estimated GF Value™ of ¥23.76.
GuruFocus considers NBTM New Materials Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:600114:
3-Year ROIIC %: 82.83 (458% above median its 10-year median of 14.85)
GF Value™: ¥23.76 vs. price of ¥29.88 (25.8% above fair value)
Industry Position: 1853.5% above the Vehicles & Parts median (#104 of 1251)
No single metric tells the full story. See the SHSE:600114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBTM New Materials Group Co Ltd is engaged in producing and selling powder metal structural parts and magnetic materials components in China. It provides car parts, such as car engine, auto transmission, auto chassis, and other products; new energy parts; air condition compressor and refrigerator compressor parts for home appliances; and motorcycle engines, clutches, driven gears, and other components.
86GF Score
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