Tomra Systems ASATMRAY 86 3-Year ROIIC % is 3.13 as of Dec. 2025, which is 62% below its 10-year median of 8.26. GuruFocus rates TMRAY with a GF Score™ of 86/100 and a GF Value™ of $16.25 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 232 Waste Management companies, Tomra Systems ASA ranks worse than 50.43% 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.
Tomra Systems ASA's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tomra Systems ASA's 3-Year ROIIC % or its related term are showing as below:
TMRAY's 3-Year ROIIC % is ranked worse than 50.43% of 232
companies
in the Waste Management industry
Industry Median: 3.175
vs TMRAY: 3.13
Tomra Systems ASA (OTCPK:TMRAY) 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.
Tomra Systems ASA 3-Year ROIIC % Related Terms
Tomra Systems ASA 3-Year ROIIC % Historical Data
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The historical data trend for Tomra Systems 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.
For the Waste Management subindustry, Tomra Systems 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.
Tomra Systems ASA 3-Year ROIIC % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tomra Systems ASA's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tomra Systems ASA'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.
Tomra Systems ASA (TMRAY) has a 3-Year ROIIC % of 3.13 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 Tomra Systems ASA and its competitors. This is 62% below median its historical median of 8.26. According to the industry distribution chart, Tomra Systems ASA ranks #117 out of 232 companies in the Waste Management industry, placing it in the top 50.4%.
Is Tomra Systems ASA's 3-Year ROIIC % too high?
Tomra Systems ASA's current 3-Year ROIIC % of 3.13 is 62% below median its 10-year median of 8.26. The Waste Management industry median 3-Year ROIIC % is 3.18. Tomra Systems ASA's value of 3.13 is 1.4% below this industry median. Based on the distribution chart, Tomra Systems ASA ranks #117 out of 232 companies in the Waste Management industry, which is below the industry midpoint. Overall, Tomra Systems ASA has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's 3-Year ROIIC % compare to WM and RSG?
According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #117 out of 232 companies for 3-Year ROIIC %. This places Tomra Systems ASA in the lower half of its industry. The industry median 3-Year ROIIC % is 3.18. Tomra Systems ASA's value of 3.13 is 1.4% below this benchmark. While the company's 10-year median is 8.26 vs. the industry median of 3.18, Tomra Systems ASA has consistently been below 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 Waste Management company?
The median 3-Year ROIIC % among Waste Management companies is 3.18, based on 232 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. Tomra Systems ASA's current 3-Year ROIIC % of 3.13 is 1.4% below 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 Tomra Systems ASA and its competitors. For the Waste Management industry, the median 3-Year ROIIC % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomra Systems ASA's current 3-Year ROIIC % is 3.13, which is 62% below median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.25, compared to a current price of $9.95 — trading 38.8% below its estimated fair value. The current 3-Year ROIIC % is 3.13, which is 62% below median its 10-year median of 8.26 and 1.4% below the Waste Management industry median of 3.18. Tomra Systems ASA's overall GF Score™ is 86/100 with 4 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 Tomra Systems ASA (TMRAY), the current 3-Year ROIIC % is 3.13 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?
Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued.
The current stock price of $9.95 is trading 38.8% below its estimated GF Value™ of $16.25.
GuruFocus considers Tomra Systems ASA to be Significantly Undervalued.
Key valuation signals for TMRAY:
3-Year ROIIC %: 3.13 (62% below median its 10-year median of 8.26)
GF Value™: $16.25 vs. price of $9.95 (38.8% below fair value)
Industry Position: 1.4% below the Waste Management median (#117 of 232)
No single metric tells the full story. See the TMRAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
86GF Score
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