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Alcomet ADXBUL:ALCM 45 3-Year ROIIC % is -207.21 as of Dec. 2025. GuruFocus rates XBUL:ALCM with a GF Score™ of 45/100 and a GF Value™ of €6.46 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,297 Metals & Mining companies, Alcomet AD ranks worse than 90.2% 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.
Alcomet AD's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -207.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Alcomet AD's 3-Year ROIIC % or its related term are showing as below:
XBUL:ALCM's 3-Year ROIIC % is ranked worse than 90.2% of 2297
companies
in the Metals & Mining industry
Industry Median: -2.73
vs XBUL:ALCM: -207.21
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.
Alcomet AD 3-Year ROIIC % Related Terms
Alcomet AD 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Alcomet AD'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.
XBUL:ALCM vs AA, CENX, CSTM: 3-Year ROIIC % Comparison
For the Aluminum subindustry, Alcomet AD'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.
Alcomet AD 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alcomet AD's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Alcomet AD's 3-Year ROIIC % falls into.
Alcomet AD'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**
=
( -2.4803952 (Dec. 2025) - 22.09009 (Dec. 2022) )
/
( 263.578 (Dec. 2025) - 251.72 (Dec. 2022) )
=
-24.5704852
/
11.858
=
-207.21%***
* 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.
Alcomet AD (XBUL:ALCM) has a 3-Year ROIIC % of -207.21 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 Alcomet AD and its competitors. According to the industry distribution chart, Alcomet AD ranks #2072 out of 2297 companies in the Metals & Mining industry, placing it in the top 90.2%.
Is Alcomet AD's 3-Year ROIIC % too high?
Alcomet AD's current 3-Year ROIIC % is -207.21. Based on the distribution chart, Alcomet AD ranks #2072 out of 2297 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Alcomet AD has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alcomet AD's 3-Year ROIIC % compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Alcomet AD ranks #2072 out of 2297 companies for 3-Year ROIIC %. This places Alcomet AD in the lower half of its industry. 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 Metals & Mining company?
A good 3-Year ROIIC % depends on the Metals & Mining industry context. 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 Alcomet AD and its competitors. Alcomet AD's current 3-Year ROIIC % is -207.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcomet AD stock overvalued right now?
Based on GuruFocus' analysis, Alcomet AD (XBUL:ALCM) is currently considered Possible Value Trap. The stock's GF Value™ is €6.46, compared to a current price of €2.86 — trading 55.7% below its estimated fair value. The current 3-Year ROIIC % is -207.21. Alcomet AD's overall GF Score™ is 45/100 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 Alcomet AD (XBUL:ALCM), the current 3-Year ROIIC % is -207.21 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 Alcomet AD (XBUL:ALCM) Overvalued in 2026?
Based on GuruFocus' analysis, Alcomet AD stock appears to be undervalued.
The current stock price of €2.86 is trading 55.7% below its estimated GF Value™ of €6.46.
GuruFocus considers Alcomet AD to be Possible Value Trap.
Key valuation signals for XBUL:ALCM:
3-Year ROIIC %: -207.21
GF Value™: €6.46 vs. price of €2.86 (55.7% below fair value)
No single metric tells the full story. See the XBUL:ALCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.
45GF Score
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