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.
Tekna Holding ASA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -723.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tekna Holding ASA's 3-Year ROIIC % or its related term are showing as below:
STU:8VB's 3-Year ROIIC % is ranked worse than 98.88% of 1521
companies
in the Chemicals industry
Industry Median: -0.04
vs STU:8VB: -723.35
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.
Tekna Holding ASA 3-Year ROIIC % Related Terms
Tekna Holding ASA 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tekna Holding 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:8VB vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Tekna Holding 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.
Tekna Holding ASA 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tekna Holding ASA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tekna Holding ASA's 3-Year ROIIC % falls into.
Tekna Holding 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**
=
( -4.935 (Dec. 2025) - -14.374 (Dec. 2022) )
/
( 32.406 (Dec. 2025) - 37.859 (Dec. 2022) )
=
9.439
/
-5.453
=
-173.10%***
* 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.
Tekna Holding ASA (STU:8VB) has a 3-Year ROIIC % of -723.35 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 Tekna Holding ASA and its competitors. According to the industry distribution chart, Tekna Holding ASA ranks #1504 out of 1521 companies in the Chemicals industry, placing it in the top 98.9%.
Is Tekna Holding ASA's 3-Year ROIIC % too high?
Tekna Holding ASA's current 3-Year ROIIC % is -723.35. Based on the distribution chart, Tekna Holding ASA ranks #1504 out of 1521 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Tekna Holding ASA has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tekna Holding ASA's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tekna Holding ASA ranks #1504 out of 1521 companies for 3-Year ROIIC %. This places Tekna Holding ASA in the lower half of its industry. 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 Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals 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 Tekna Holding ASA and its competitors. Tekna Holding ASA's current 3-Year ROIIC % is -723.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekna Holding ASA stock overvalued right now?
Based on GuruFocus' analysis, Tekna Holding ASA (STU:8VB) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.26, compared to a current price of €0.32 — trading 22.7% above its estimated fair value. The current 3-Year ROIIC % is -723.35. Tekna Holding ASA's overall GF Score™ is 58/100 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 Tekna Holding ASA (STU:8VB), the current 3-Year ROIIC % is -723.35 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 Tekna Holding ASA (STU:8VB) Overvalued in 2026?
Based on GuruFocus' analysis, Tekna Holding ASA stock appears to be overvalued.
The current stock price of €0.32 is trading 22.7% above its estimated GF Value™ of €0.26.
GuruFocus considers Tekna Holding ASA to be Modestly Overvalued.
Key valuation signals for STU:8VB:
3-Year ROIIC %: -723.35
GF Value™: €0.26 vs. price of €0.32 (22.7% above fair value)
No single metric tells the full story. See the STU:8VB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tekna Holding ASA is engaged in the production of micron-sized and nano-sized materials and plasma process solutions. The company operates through two revenue streams: Materials and Systems. The Materials segment is involved in the development, manufacturing, and sale of metal powders for additive manufacturing, while the Systems segment focuses on the development, manufacturing, and sale of plasma systems for research and industrial applications. The company has operations across North America, Europe, and Asia.
58GF Score
Get the complete analysis for STU:8VB
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:8VB has been successfully added to your 
