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Alma Media OyjSTU:A4M -0.38%83 3-Year ROIIC % is 3.16 as of Dec. 2025, which is 78% below its 10-year median of 14.32. GuruFocus rates STU:A4M with a GF Score™ of 83/100 and a GF Value™ of €12.07 (Fairly Valued). The stock has 1 warning sign investors should review. Among 947 Media - Diversified companies, Alma Media Oyj ranks better than 53.75% 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.
Alma Media Oyj's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Alma Media Oyj's 3-Year ROIIC % or its related term are showing as below:
STU:A4M's 3-Year ROIIC % is ranked better than 53.75% of 947
companies
in the Media - Diversified industry
Industry Median: 1.12
vs STU:A4M: 3.16
Alma Media Oyj (STU:A4M) 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.
Alma Media Oyj 3-Year ROIIC % Related Terms
Alma Media Oyj 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Alma Media Oyj'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 Publishing subindustry, Alma Media Oyj'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.
Alma Media Oyj 3-Year ROIIC % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Alma Media Oyj's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Alma Media Oyj's 3-Year ROIIC % falls into.
Alma Media Oyj'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**
=
( 61.60596 (Dec. 2025) - 60.7506 (Dec. 2022) )
/
( 542.3 (Dec. 2025) - 515.2 (Dec. 2022) )
=
0.85536
/
27.1
=
3.16%***
* 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.
Alma Media Oyj (STU:A4M) has a 3-Year ROIIC % of 3.16 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 Alma Media Oyj and its competitors. This is 78% below median its historical median of 14.32. According to the industry distribution chart, Alma Media Oyj ranks #438 out of 947 companies in the Media - Diversified industry, placing it in the top 46.3%.
Is Alma Media Oyj's 3-Year ROIIC % too high?
Alma Media Oyj's current 3-Year ROIIC % of 3.16 is 78% below median its 10-year median of 14.32. The Media - Diversified industry median 3-Year ROIIC % is 1.12. Alma Media Oyj's value of 3.16 is 182.1% above this industry median. Based on the distribution chart, Alma Media Oyj ranks #438 out of 947 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Alma Media Oyj has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alma Media Oyj's 3-Year ROIIC % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Alma Media Oyj ranks #438 out of 947 companies for 3-Year ROIIC %. This puts Alma Media Oyj in the upper half of its industry. The industry median 3-Year ROIIC % is 1.12. Alma Media Oyj's value of 3.16 is 182.1% above this benchmark. While the company's 10-year median is 14.32 vs. the industry median of 1.12, Alma Media Oyj 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 Media - Diversified company?
The median 3-Year ROIIC % among Media - Diversified companies is 1.12, based on 947 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. Alma Media Oyj's current 3-Year ROIIC % of 3.16 is 182.1% 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 Alma Media Oyj and its competitors. For the Media - Diversified industry, the median 3-Year ROIIC % is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alma Media Oyj's current 3-Year ROIIC % is 3.16, which is 78% below median its own 10-year median of 14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alma Media Oyj stock overvalued right now?
Based on GuruFocus' analysis, Alma Media Oyj (STU:A4M) is currently considered Fairly Valued. The stock's GF Value™ is €12.07, compared to a current price of €13.25 — trading 9.8% above its estimated fair value. The current 3-Year ROIIC % is 3.16, which is 78% below median its 10-year median of 14.32 and 182.1% above the Media - Diversified industry median of 1.12. Alma Media Oyj's overall GF Score™ is 83/100 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 Alma Media Oyj (STU:A4M), the current 3-Year ROIIC % is 3.16 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 Alma Media Oyj (STU:A4M) Overvalued in 2026?
Based on GuruFocus' analysis, Alma Media Oyj stock appears to be overvalued.
The current stock price of €13.25 is trading 9.8% above its estimated GF Value™ of €12.07.
GuruFocus considers Alma Media Oyj to be Fairly Valued.
Key valuation signals for STU:A4M:
3-Year ROIIC %: 3.16 (78% below median its 10-year median of 14.32)
GF Value™: €12.07 vs. price of €13.25 (9.8% above fair value)
Industry Position: 182.1% above the Media - Diversified median (#438 of 947)
No single metric tells the full story. See the STU:A4M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alma Media Oyj is a media and service company focusing on digital services and publishing. In addition to news content, the Group's products provide useful information related to lifestyle, career, and business development. The business segments include Alma Career, Alma Marketplaces, and Alma News Media. It generates maximum revenue from the Alma Career segment. The company operates in Finland, Sweden, Baltics, Croatia, Slovakia, Czech Republic, and others, with the maximum revenue from Finland.
83GF Score
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