SSAB AB (publ)SSAAF -6.61%73 3-Year ROIIC % is 538.02 as of Dec. 2025, which is 1095% above its 10-year median of 45.03. GuruFocus rates SSAAF with a GF Score™ of 73/100 and a GF Value™ of $5.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 607 Steel companies, SSAB AB (publ) ranks better than 98.02% 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.
SSAB AB (publ)'s 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 538.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for SSAB AB (publ)'s 3-Year ROIIC % or its related term are showing as below:
SSAAF's 3-Year ROIIC % is ranked better than 98.02% of 607
companies
in the Steel industry
Industry Median: -0.23
vs SSAAF: 538.02
SSAB AB (publ) (OTCPK:SSAAF) 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.
SSAB AB (publ) 3-Year ROIIC % Related Terms
SSAB AB (publ) 3-Year ROIIC % Historical Data
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The historical data trend for SSAB AB (publ)'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 Steel subindustry, SSAB AB (publ)'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.
SSAB AB (publ) 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, SSAB AB (publ)'s 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where SSAB AB (publ)'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.
SSAB AB (publ) (SSAAF) has a 3-Year ROIIC % of 538.02 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 SSAB AB (publ) and its competitors. This is 1095% above median its historical median of 45.03. According to the industry distribution chart, SSAB AB (publ) ranks #12 out of 607 companies in the Steel industry, placing it in the top 2%.
Is SSAB AB (publ)'s 3-Year ROIIC % too high?
SSAB AB (publ)'s current 3-Year ROIIC % of 538.02 is 1095% above median its 10-year median of 45.03. Based on the distribution chart, SSAB AB (publ) ranks #12 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #12 out of 607 companies for 3-Year ROIIC %. This places SSAB AB (publ) in the top 2% 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 a Steel company?
A good 3-Year ROIIC % depends on the Steel 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 SSAB AB (publ) and its competitors. SSAB AB (publ)'s current 3-Year ROIIC % is 538.02, which is 1095% above median its own 10-year median of 45.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.63, compared to a current price of $9.33 — trading 65.7% above its estimated fair value. The current 3-Year ROIIC % is 538.02, which is 1095% above median its 10-year median of 45.03. SSAB AB (publ)'s overall GF Score™ is 73/100 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 SSAB AB (publ) (SSAAF), the current 3-Year ROIIC % is 538.02 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 SSAB AB (publ) (SSAAF) Overvalued in 2026?
Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued.
The current stock price of $9.33 is trading 65.7% above its estimated GF Value™ of $5.63.
GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.
Key valuation signals for SSAAF:
3-Year ROIIC %: 538.02 (1095% above median its 10-year median of 45.03)
GF Value™: $5.63 vs. price of $9.33 (65.7% above fair value)
No single metric tells the full story. See the SSAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score
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