TVAVF (Tel Aviv Stock Exchange) 3-Year ROIIC % : -182.01% (As of Dec. 2025)


TVAVF Tel Aviv Stock Exchange Ltd TVAVF
74 GF Score
Price $42.50
GF Value $19.54
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Tel Aviv Stock Exchange 3-Year ROIIC %?

Tel Aviv Stock Exchange TVAVF 74 3-Year ROIIC % is -182.01 as of Dec. 2025. GuruFocus rates TVAVF with a GF Score™ of 74/100 and a GF Value™ of $19.54 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 656 Capital Markets companies, Tel Aviv Stock Exchange ranks worse than 94.82% 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. Tel Aviv Stock Exchange's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -182.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tel Aviv Stock Exchange's 3-Year ROIIC % or its related term are showing as below:

TVAVF's 3-Year ROIIC % is ranked worse than
94.82% of 656 companies
in the Capital Markets industry
Industry Median: 2.78 vs TVAVF: -182.01

Tel Aviv Stock Exchange  (OTCPK:TVAVF) 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.


Tel Aviv Stock Exchange 3-Year ROIIC % Related Terms


Tel Aviv Stock Exchange 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Tel Aviv Stock Exchange'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.

Tel Aviv Stock Exchange 3-Year ROIIC % Chart

Tel Aviv Stock Exchange Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.16 8.47 2.69 27.03 -182.01

Tel Aviv Stock Exchange Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -182.01 0.00

TVAVF vs SPGI, CME, MCO: 3-Year ROIIC % Comparison

For the Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.


Tel Aviv Stock Exchange 3-Year ROIIC % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tel Aviv Stock Exchange's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tel Aviv Stock Exchange's 3-Year ROIIC % falls into.


TVAVF
74GF Score
Tel Aviv Stock Exchange Ltd TVAVF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tel Aviv Stock Exchange 3-Year ROIIC % Calculation

Tel Aviv Stock Exchange'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**
=( 58.3046464 (Dec. 2025) - 19.988921 (Dec. 2022) )/( 466.757 (Dec. 2025) - 487.808 (Dec. 2022) )
=38.3157254/-21.051
=-182.01%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -182.01 mean?
Tel Aviv Stock Exchange (TVAVF) has a 3-Year ROIIC % of -182.01 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 Tel Aviv Stock Exchange and its competitors. According to the industry distribution chart, Tel Aviv Stock Exchange ranks #622 out of 656 companies in the Capital Markets industry, placing it in the top 94.8%.
Is Tel Aviv Stock Exchange's 3-Year ROIIC % too high?
Tel Aviv Stock Exchange's current 3-Year ROIIC % is -182.01. Based on the distribution chart, Tel Aviv Stock Exchange ranks #622 out of 656 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tel Aviv Stock Exchange has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tel Aviv Stock Exchange's 3-Year ROIIC % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Tel Aviv Stock Exchange ranks #622 out of 656 companies for 3-Year ROIIC %. This places Tel Aviv Stock Exchange in the lower half of its industry. The industry median 3-Year ROIIC % is 2.78. 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 Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.78, based on 656 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 Tel Aviv Stock Exchange and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Aviv Stock Exchange's current 3-Year ROIIC % is -182.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Aviv Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange (TVAVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.54, compared to a current price of $42.50 — trading 117.5% above its estimated fair value. The current 3-Year ROIIC % is -182.01. Tel Aviv Stock Exchange's overall GF Score™ is 74/100 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 Tel Aviv Stock Exchange (TVAVF), the current 3-Year ROIIC % is -182.01 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 Tel Aviv Stock Exchange (TVAVF) Overvalued in 2026?

Based on GuruFocus' analysis, Tel Aviv Stock Exchange stock appears to be overvalued. The current stock price of $42.50 is trading 117.5% above its estimated GF Value™ of $19.54. GuruFocus considers Tel Aviv Stock Exchange to be Significantly Overvalued.

Key valuation signals for TVAVF:

  • 3-Year ROIIC %: -182.01
  • GF Value™: $19.54 vs. price of $42.50 (117.5% above fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the TVAVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tel Aviv Stock Exchange Business Description

Other Exchanges TASE:Israel
Address 2 Ahuzat Bayit Street, Yafo, Tel Aviv, ISR, 6525216
Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.
74GF Score

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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.50
Price
$19.54
GF Value