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ZEAL Network SESTU:TIM 87 3-Year ROIIC % is -118.15 as of Dec. 2025. GuruFocus rates STU:TIM with a GF Score™ of 87/100 and a GF Value™ of €69.33 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 791 Travel & Leisure companies, ZEAL Network SE ranks worse than 92.79% 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.
ZEAL Network SE's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -118.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for ZEAL Network SE's 3-Year ROIIC % or its related term are showing as below:
STU:TIM's 3-Year ROIIC % is ranked worse than 92.79% of 791
companies
in the Travel & Leisure industry
Industry Median: 3.99
vs STU:TIM: -118.15
ZEAL Network SE (STU:TIM) 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.
ZEAL Network SE 3-Year ROIIC % Related Terms
ZEAL Network SE 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for ZEAL Network SE'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:TIM vs FLUT, DKNG, SGHC: 3-Year ROIIC % Comparison
For the Gambling subindustry, ZEAL Network SE'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.
ZEAL Network SE 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, ZEAL Network SE's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where ZEAL Network SE'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.
ZEAL Network SE (STU:TIM) has a 3-Year ROIIC % of -118.15 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 ZEAL Network SE and its competitors. According to the industry distribution chart, ZEAL Network SE ranks #734 out of 791 companies in the Travel & Leisure industry, placing it in the top 92.8%.
Is ZEAL Network SE's 3-Year ROIIC % too high?
ZEAL Network SE's current 3-Year ROIIC % is -118.15. Based on the distribution chart, ZEAL Network SE ranks #734 out of 791 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, ZEAL Network SE has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZEAL Network SE's 3-Year ROIIC % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, ZEAL Network SE ranks #734 out of 791 companies for 3-Year ROIIC %. This places ZEAL Network SE in the lower half of its industry. The industry median 3-Year ROIIC % is 3.99. 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 3.99, based on 791 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. 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 ZEAL Network SE and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Network SE's current 3-Year ROIIC % is -118.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Network SE stock overvalued right now?
Based on GuruFocus' analysis, ZEAL Network SE (STU:TIM) is currently considered Significantly Undervalued. The stock's GF Value™ is €69.33, compared to a current price of €44.70 — trading 35.5% below its estimated fair value. The current 3-Year ROIIC % is -118.15. ZEAL Network SE's overall GF Score™ is 87/100 with 2 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 ZEAL Network SE (STU:TIM), the current 3-Year ROIIC % is -118.15 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 ZEAL Network SE (STU:TIM) Overvalued in 2026?
Based on GuruFocus' analysis, ZEAL Network SE stock appears to be undervalued.
The current stock price of €44.70 is trading 35.5% below its estimated GF Value™ of €69.33.
GuruFocus considers ZEAL Network SE to be Significantly Undervalued.
Key valuation signals for STU:TIM:
3-Year ROIIC %: -118.15
GF Value™: €69.33 vs. price of €44.70 (35.5% below fair value)
No single metric tells the full story. See the STU:TIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZEAL Network SE is an e-commerce group of companies company specializing in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The ZEAL group now has more than one million active customers. ZEAL allows the participation in state-licensed lotteries via the LOTTO24 and Tipp24 brands and also offers its own lottery products. ZEAL operates under its owns brands namely ZEAL Instant Games, ZEAL Ventures and ZEAL Iberia.
87GF Score
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