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Okea ASASTU:3SX -2.45%60 3-Year ROIIC % is 171.65 as of Dec. 2025, which is 13206% above its 10-year median of 1.29. GuruFocus rates STU:3SX with a GF Score™ of 60/100 and a GF Value™ of €1.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 932 Oil & Gas companies, Okea ASA ranks better than 93.67% 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.
Okea ASA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 171.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Okea ASA's 3-Year ROIIC % or its related term are showing as below:
STU:3SX's 3-Year ROIIC % is ranked better than 93.67% of 932
companies
in the Oil & Gas industry
Industry Median: -0.085
vs STU:3SX: 171.65
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.
Okea ASA 3-Year ROIIC % Related Terms
Okea ASA 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Okea ASA'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.
STU:3SX vs COP, EOG, FANG: 3-Year ROIIC % Comparison
For the Oil & Gas E&P subindustry, Okea ASA'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.
Okea ASA 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Okea ASA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Okea ASA's 3-Year ROIIC % falls into.
Okea ASA'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**
=
( 186.255 (Dec. 2025) - 79.0246457 (Dec. 2022) )
/
( 1179.214 (Dec. 2025) - 1256.752 (Dec. 2022) )
=
107.2303543
/
-77.538
=
-138.29%***
* 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.
Okea ASA (STU:3SX) has a 3-Year ROIIC % of 171.65 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 Okea ASA and its competitors. This is 13206% above median its historical median of 1.29. According to the industry distribution chart, Okea ASA ranks #59 out of 932 companies in the Oil & Gas industry, placing it in the top 6.3%.
Is Okea ASA's 3-Year ROIIC % too high?
Okea ASA's current 3-Year ROIIC % of 171.65 is 13206% above median its 10-year median of 1.29. Based on the distribution chart, Okea ASA ranks #59 out of 932 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Okea ASA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okea ASA's 3-Year ROIIC % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Okea ASA ranks #59 out of 932 companies for 3-Year ROIIC %. This places Okea ASA in the top 6% 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 Okea ASA and its competitors. Okea ASA's current 3-Year ROIIC % is 171.65, which is 13206% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okea ASA stock overvalued right now?
Based on GuruFocus' analysis, Okea ASA (STU:3SX) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.98, compared to a current price of €3.39 — trading 71.2% above its estimated fair value. The current 3-Year ROIIC % is 171.65, which is 13206% above median its 10-year median of 1.29. Okea ASA's overall GF Score™ is 60/100 with 3 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 Okea ASA (STU:3SX), the current 3-Year ROIIC % is 171.65 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 Okea ASA (STU:3SX) Overvalued in 2026?
Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued.
The current stock price of €3.39 is trading 71.2% above its estimated GF Value™ of €1.98.
GuruFocus considers Okea ASA to be Significantly Overvalued.
Key valuation signals for STU:3SX:
3-Year ROIIC %: 171.65 (13206% above median its 10-year median of 1.29)
GF Value™: €1.98 vs. price of €3.39 (71.2% above fair value)
No single metric tells the full story. See the STU:3SX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
60GF Score
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