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Audax RenovablesXMAD:ADX -0.49%76 3-Year ROIIC % is 6.39 as of Dec. 2025, which is 0% below its 10-year median of 6.40. GuruFocus rates XMAD:ADX with a GF Score™ of 76/100 and a GF Value™ of €1.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 394 Utilities - Independent Power Producers companies, Audax Renovables ranks better than 65.23% 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.
Audax Renovables's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.39%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Audax Renovables's 3-Year ROIIC % or its related term are showing as below:
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.
Audax Renovables 3-Year ROIIC % Related Terms
Audax Renovables 3-Year ROIIC % Historical Data
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The historical data trend for Audax Renovables'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.
For the Utilities - Renewable subindustry, Audax Renovables'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.
Audax Renovables 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Audax Renovables's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Audax Renovables'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.
Audax Renovables (XMAD:ADX) has a 3-Year ROIIC % of 6.39 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 Audax Renovables and its competitors. This is near median its historical median of 6.40. According to the industry distribution chart, Audax Renovables ranks #137 out of 394 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.8%.
Is Audax Renovables' 3-Year ROIIC % too high?
Audax Renovables' current 3-Year ROIIC % of 6.39 is near median its 10-year median of 6.40. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.31. Audax Renovables' value of 6.39 is 387.8% above this industry median. Based on the distribution chart, Audax Renovables ranks #137 out of 394 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Audax Renovables has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Audax Renovables' 3-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Audax Renovables ranks #137 out of 394 companies for 3-Year ROIIC %. This puts Audax Renovables in the upper half of its industry. The industry median 3-Year ROIIC % is 1.31. Audax Renovables' value of 6.39 is 387.8% above this benchmark. While the company's 10-year median is 6.40 vs. the industry median of 1.31, Audax Renovables 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 Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.31, based on 394 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. Audax Renovables's current 3-Year ROIIC % of 6.39 is 387.8% 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 Audax Renovables and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Audax Renovables's current 3-Year ROIIC % is 6.39, which is near median its own 10-year median of 6.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Audax Renovables stock overvalued right now?
Based on GuruFocus' analysis, Audax Renovables (XMAD:ADX) is currently considered Fairly Valued. The stock's GF Value™ is €1.26, compared to a current price of €1.22 — trading 3.5% below its estimated fair value. The current 3-Year ROIIC % is 6.39, which is near median its 10-year median of 6.40 and 387.8% above the Utilities - Independent Power Producers industry median of 1.31. Audax Renovables' overall GF Score™ is 76/100 with 4 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 Audax Renovables (XMAD:ADX), the current 3-Year ROIIC % is 6.39 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 Audax Renovables (XMAD:ADX) Overvalued in 2026?
Based on GuruFocus' analysis, Audax Renovables stock appears to be undervalued.
The current stock price of €1.22 is trading 3.5% below its estimated GF Value™ of €1.26.
GuruFocus considers Audax Renovables to be Fairly Valued.
Key valuation signals for XMAD:ADX:
3-Year ROIIC %: 6.39 (near median its 10-year median of 6.40)
GF Value™: €1.26 vs. price of €1.22 (3.5% below fair value)
Industry Position: 387.8% above the Utilities - Independent Power Producers median (#137 of 394)
No single metric tells the full story. See the XMAD:ADX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Audax Renovables SA is engaged in the development of renewable energy for generating electricity. The company is mainly focused on developing wind energy. The group's projects are located in Spain, France, Panama, Germany, and Poland. The majority of the revenue is generated from Spain and Portugal.
76GF Score
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