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.
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.
NV BekaertWBO:BEKB +0.37%71 3-Year ROIIC % is 33.94 as of Dec. 2025, which is 16% below its 10-year median of 40.50. GuruFocus rates WBO:BEKB with a GF Score™ of 71/100 and a GF Value™ of €35.43. The stock has 9 warning signs investors should review. Among 2,933 Industrial Products companies, NV Bekaert ranks better than 82.2% 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.
NV Bekaert's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 33.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NV Bekaert's 3-Year ROIIC % or its related term are showing as below:
WBO:BEKB's 3-Year ROIIC % is ranked better than 82.2% of 2933
companies
in the Industrial Products industry
Industry Median: 3.39
vs WBO:BEKB: 33.94
NV Bekaert (WBO:BEKB) 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.
NV Bekaert 3-Year ROIIC % Related Terms
NV Bekaert 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NV Bekaert'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.
WBO:BEKB vs CRS, ATI, MLI: 3-Year ROIIC % Comparison
For the Metal Fabrication subindustry, NV Bekaert'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.
NV Bekaert 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NV Bekaert's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NV Bekaert'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.
NV Bekaert (WBO:BEKB) has a 3-Year ROIIC % of 33.94 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 NV Bekaert and its competitors. This is 16% below median its historical median of 40.50. Over the past decade, NV Bekaert's 3-Year ROIIC % has ranged from 9.68 to 646.87. According to the industry distribution chart, NV Bekaert ranks #522 out of 2933 companies in the Industrial Products industry, placing it in the top 17.8%.
Is NV Bekaert's 3-Year ROIIC % too high?
NV Bekaert's current 3-Year ROIIC % of 33.94 is 16% below median its 10-year median of 40.50. Over the past 10 years, this metric has ranged from a low of 9.68 to a high of 646.87. The Industrial Products industry median 3-Year ROIIC % is 3.39. NV Bekaert's value of 33.94 is 901.2% above this industry median. Based on the distribution chart, NV Bekaert ranks #522 out of 2933 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NV Bekaert has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does NV Bekaert's 3-Year ROIIC % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, NV Bekaert ranks #522 out of 2933 companies for 3-Year ROIIC %. This places NV Bekaert in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.39. NV Bekaert's value of 33.94 is 901.2% above this benchmark. Historically, NV Bekaert's own 3-Year ROIIC % has ranged from 9.68 to 646.87 over the past decade. While the company's 10-year median is 40.50 vs. the industry median of 3.39, NV Bekaert 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.39, based on 2,933 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. NV Bekaert's current 3-Year ROIIC % of 33.94 is 901.2% 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 NV Bekaert and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NV Bekaert's current 3-Year ROIIC % is 33.94, which is 16% below median its own 10-year median of 40.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NV Bekaert stock overvalued right now?
NV Bekaert (WBO:BEKB) has a current 3-Year ROIIC % of 33.94. The stock's GF Value™ is €35.43, compared to a current price of €40.90 — trading 15.4% above its estimated fair value. The current 3-Year ROIIC % is 33.94, which is 16% below median its 10-year median of 40.50 and 901.2% above the Industrial Products industry median of 3.39. NV Bekaert's overall GF Score™ is 71/100 with 9 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 NV Bekaert (WBO:BEKB), the current 3-Year ROIIC % is 33.94 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 NV Bekaert (WBO:BEKB) Overvalued in 2026?
Based on GuruFocus' analysis, NV Bekaert stock appears to be overvalued.
The current stock price of €40.90 is trading 15.4% above its estimated GF Value™ of €35.43.
Key valuation signals for WBO:BEKB:
3-Year ROIIC %: 33.94 (16% below median its 10-year median of 40.50)
GF Value™: €35.43 vs. price of €40.90 (15.4% above fair value)
Industry Position: 901.2% above the Industrial Products median (#522 of 2933)
No single metric tells the full story. See the WBO:BEKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NV Bekaert SA uses metal treatment technologies to deliver a portfolio of steel wire products and coating solutions to customers. It operates in four segments: rubber reinforcement, steel wire solutions, specialty businesses, and Bridon-Bekaert Ropes Group. The company's products help reduce friction, improve corrosion resistance, and enhance adhesion with other materials. Bekaert's offerings are used across sectors such as automotive, construction, energy, agriculture, and consumer goods. The company operates in China, the USA, Belgium, India, Slovakia, and other countries. The majority of revenue is from international (Others).
71GF Score
Get the complete analysis for WBO:BEKB
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:BEKB has been successfully added to your 
