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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.
Badger Infrastructure Solutions's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 10.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Badger Infrastructure Solutions 3-Year ROIIC % Related Terms
Badger Infrastructure Solutions 3-Year ROIIC % Historical Data
* 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.
TSX:BDGI vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Badger Infrastructure Solutions'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.
Badger Infrastructure Solutions 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Badger Infrastructure Solutions's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Badger Infrastructure Solutions'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.
Badger Infrastructure Solutions (TSX:BDGI) has a 3-Year ROIIC % of 10.79 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 Badger Infrastructure Solutions and its competitors. This is near median its historical median of 11.49. According to the industry distribution chart, Badger Infrastructure Solutions ranks #640 out of 1686 companies in the Construction industry, placing it in the top 38%.
Is Badger Infrastructure Solutions' 3-Year ROIIC % too high?
Badger Infrastructure Solutions' current 3-Year ROIIC % of 10.79 is near median its 10-year median of 11.49. The Construction industry median 3-Year ROIIC % is 4.54. Badger Infrastructure Solutions' value of 10.79 is 137.9% above this industry median. Based on the distribution chart, Badger Infrastructure Solutions ranks #640 out of 1686 companies in the Construction industry, which is above the industry midpoint. Overall, Badger Infrastructure Solutions has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Badger Infrastructure Solutions' 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Badger Infrastructure Solutions ranks #640 out of 1686 companies for 3-Year ROIIC %. This puts Badger Infrastructure Solutions in the upper half of its industry. The industry median 3-Year ROIIC % is 4.54. Badger Infrastructure Solutions' value of 10.79 is 137.9% above this benchmark. While the company's 10-year median is 11.49 vs. the industry median of 4.54, Badger Infrastructure Solutions 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.54, based on 1,686 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. Badger Infrastructure Solutions's current 3-Year ROIIC % of 10.79 is 137.9% 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 Badger Infrastructure Solutions and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Infrastructure Solutions's current 3-Year ROIIC % is 10.79, which is near median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Infrastructure Solutions stock overvalued right now?
Based on GuruFocus' analysis, Badger Infrastructure Solutions (TSX:BDGI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$56.68, compared to a current price of C$98.37 — trading 73.6% above its estimated fair value. The current 3-Year ROIIC % is 10.79, which is near median its 10-year median of 11.49 and 137.9% above the Construction industry median of 4.54. Badger Infrastructure Solutions' overall GF Score™ is 91/100 with 7 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 Badger Infrastructure Solutions (TSX:BDGI), the current 3-Year ROIIC % is 10.79 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 Badger Infrastructure Solutions (TSX:BDGI) Overvalued in 2026?
Based on GuruFocus' analysis, Badger Infrastructure Solutions stock appears to be overvalued.
The current stock price of C$98.37 is trading 73.6% above its estimated GF Value™ of C$56.68.
GuruFocus considers Badger Infrastructure Solutions to be Significantly Overvalued.
Key valuation signals for TSX:BDGI:
3-Year ROIIC %: 10.79 (near median its 10-year median of 11.49)
GF Value™: C$56.68 vs. price of C$98.37 (73.6% above fair value)
Industry Position: 137.9% above the Construction median (#640 of 1686)
No single metric tells the full story. See the TSX:BDGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Badger Infrastructure Solutions Business Description
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating and related services, with operations in both the United States and Canada. Its key technology is the Badger Hydrovac, which is used predominantly for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units into its existing and future design and manufacturing processes. It provides services to contractors and facility owners in a range of infrastructure industries, general commercial construction and industrial cleaning services.
91GF Score
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