Ecnology Group (WAR:ECN) 3-Year ROIIC % : -18.68% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Ecnology Group 3-Year ROIIC %?

Ecnology Group WAR:ECN 3-Year ROIIC % is -18.68 as of Dec. 2025. The stock has 6 warning signs investors should review.

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. Ecnology Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -18.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ecnology Group's 3-Year ROIIC % or its related term are showing as below:

WAR:ECN's 3-Year ROIIC % is not ranked
in the Hardware industry.
Industry Median: 2.34 vs WAR:ECN: -18.68

Ecnology Group  (WAR:ECN) 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.


Ecnology Group 3-Year ROIIC % Related Terms


Ecnology Group 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Ecnology Group'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.

Ecnology Group 3-Year ROIIC % Chart

Ecnology Group 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 0.84 -7.50 4.00 2.56 -18.68

Ecnology Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.56 0.00 0.00 0.00 -18.68

WAR:ECN vs APH, TEL, GLW: 3-Year ROIIC % Comparison

For the Electronic Components subindustry, Ecnology Group'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.


Ecnology Group 3-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Ecnology Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ecnology Group's 3-Year ROIIC % falls into.



Ecnology Group 3-Year ROIIC % Calculation

Ecnology Group'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**
=( -0.103 (Dec. 2025) - 0.3870834 (Dec. 2022) )/( 3.06 (Dec. 2025) - 0.437 (Dec. 2022) )
=-0.4900834/2.623
=-18.68%***

* 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 -18.68 mean?
Ecnology Group (WAR:ECN) has a 3-Year ROIIC % of -18.68 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 Ecnology Group and its competitors.
Is Ecnology Group's 3-Year ROIIC % too high?
Ecnology Group's current 3-Year ROIIC % is -18.68.
How does Ecnology Group's 3-Year ROIIC % compare to APH and TEL?
Ecnology Group's 3-Year ROIIC % of -18.68 can be compared against companies in the Hardware industry. The industry median 3-Year ROIIC % is 2.34. 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,375 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 Ecnology Group and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecnology Group's current 3-Year ROIIC % is -18.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecnology Group stock overvalued right now?
Ecnology Group (WAR:ECN) has a current 3-Year ROIIC % of -18.68. The stock's GF Value™ is zł0.27, compared to a current price of zł0.67 — trading 148.9% above its estimated fair value. The current 3-Year ROIIC % is -18.68. 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 Ecnology Group (WAR:ECN), the current 3-Year ROIIC % is -18.68 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.

Ecnology Group Business Description

Address ul. Akademijna 27, Jablonna, POL, 05-110
Ecnology Group SA is a technology company from the energy sector, part of a production and distribution group that has its own patented, technological solutions. It is the exclusive distributor of Smart Optimizer ECOD and Watt Optimizer Analytics devices in Poland. Its product includes Smart Optimizer ECOD.