Coka duvanska industrija a.d (XBEL:COKA) 3-Year ROIIC % : -23.75% (As of Dec. 2025)

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XBEL:COKA Coka duvanska industrija a.d XBEL:COKA
66 GF Score
Price RSD8,900.00
GF Value RSD8,821.99
Valuation Fairly Valued
! 8 Warning Signs
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What is Coka duvanska industrija a.d 3-Year ROIIC %?

Coka duvanska industrija a.d XBEL:COKA 66 3-Year ROIIC % is -23.75 as of Dec. 2025. GuruFocus rates XBEL:COKA with a GF Score™ of 66/100 and a GF Value™ of RSD8,821.99 (Fairly Valued). The stock has 8 warning signs investors should review. Among 45 Tobacco Products companies, Coka duvanska industrija a.d ranks worse than 75.56% 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. Coka duvanska industrija a.d's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -23.75%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Coka duvanska industrija a.d's 3-Year ROIIC % or its related term are showing as below:

XBEL:COKA's 3-Year ROIIC % is ranked worse than
75.56% of 45 companies
in the Tobacco Products industry
Industry Median: 4.2 vs XBEL:COKA: -23.75

Coka duvanska industrija a.d  (XBEL:COKA) 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.


Coka duvanska industrija a.d 3-Year ROIIC % Related Terms


Coka duvanska industrija a.d 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Coka duvanska industrija a.d'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.

Coka duvanska industrija a.d 3-Year ROIIC % Chart

Coka duvanska industrija a.d Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.96 0.00 -13.39 -21.27 -23.75

Coka duvanska industrija a.d Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -13.39 0.00 -21.27 0.00 -23.75

XBEL:COKA vs PM, MO, TPB: 3-Year ROIIC % Comparison

For the Tobacco subindustry, Coka duvanska industrija a.d'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.


Coka duvanska industrija a.d 3-Year ROIIC % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Coka duvanska industrija a.d's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Coka duvanska industrija a.d's 3-Year ROIIC % falls into.


XBEL:COKA
66GF Score
Coka duvanska industrija a.d XBEL:COKA
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coka duvanska industrija a.d 3-Year ROIIC % Calculation

Coka duvanska industrija a.d'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**
=( -12.0901488 (Dec. 2025) - 47.5278534 (Dec. 2022) )/( 511.895 (Dec. 2025) - 260.911 (Dec. 2022) )
=-59.6180022/250.984
=-23.75%***

* 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 -23.75 mean?
Coka duvanska industrija a.d (XBEL:COKA) has a 3-Year ROIIC % of -23.75 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 Coka duvanska industrija a.d and its competitors. According to the industry distribution chart, Coka duvanska industrija a.d ranks #34 out of 45 companies in the Tobacco Products industry, placing it in the top 75.6%.
Is Coka duvanska industrija a.d's 3-Year ROIIC % too high?
Coka duvanska industrija a.d's current 3-Year ROIIC % is -23.75. Based on the distribution chart, Coka duvanska industrija a.d ranks #34 out of 45 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Coka duvanska industrija a.d has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coka duvanska industrija a.d's 3-Year ROIIC % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Coka duvanska industrija a.d ranks #34 out of 45 companies for 3-Year ROIIC %. This places Coka duvanska industrija a.d in the lower half of its industry. The industry median 3-Year ROIIC % is 4.20. 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 Tobacco Products company?
The median 3-Year ROIIC % among Tobacco Products companies is 4.20, based on 45 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 Coka duvanska industrija a.d and its competitors. For the Tobacco Products industry, the median 3-Year ROIIC % is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coka duvanska industrija a.d's current 3-Year ROIIC % is -23.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coka duvanska industrija a.d stock overvalued right now?
Based on GuruFocus' analysis, Coka duvanska industrija a.d (XBEL:COKA) is currently considered Fairly Valued. The stock's GF Value™ is RSD8,821.99, compared to a current price of RSD8,900.00 — trading 0.9% above its estimated fair value. The current 3-Year ROIIC % is -23.75. Coka duvanska industrija a.d's overall GF Score™ is 66/100 with 8 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 Coka duvanska industrija a.d (XBEL:COKA), the current 3-Year ROIIC % is -23.75 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 Coka duvanska industrija a.d (XBEL:COKA) Overvalued in 2026?

Based on GuruFocus' analysis, Coka duvanska industrija a.d stock appears to be overvalued. The current stock price of RSD8,900.00 is trading 0.9% above its estimated GF Value™ of RSD8,821.99. GuruFocus considers Coka duvanska industrija a.d to be Fairly Valued.

Key valuation signals for XBEL:COKA:

  • 3-Year ROIIC %: -23.75
  • GF Value™: RSD8,821.99 vs. price of RSD8,900.00 (0.9% above fair value)
  • GF Score™: 66/100 with 8 warning signs

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


Coka duvanska industrija a.d Business Description

Address Proleterska 6, Coka, SRB
Coka duvanska industrija a.d is a Serbia based company. It is engaged in the production and processing of raw tobacco. it is also engaged in the wholesale and retail trade of tobacco products.
66GF Score

Get the complete analysis for XBEL:COKA

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

RSD8,900.00
Price
RSD8,821.99
GF Value