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NBI Bearings EuropeXMAD:NBI 86 3-Year ROIIC % is 20.03 as of Dec. 2025, which is 159% above its 10-year median of 7.73. GuruFocus rates XMAD:NBI with a GF Score™ of 86/100 and a GF Value™ of €4.29 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,932 Industrial Products companies, NBI Bearings Europe ranks better than 73.43% 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.
NBI Bearings Europe's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 20.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NBI Bearings Europe's 3-Year ROIIC % or its related term are showing as below:
XMAD:NBI's 3-Year ROIIC % is ranked better than 73.43% of 2932
companies
in the Industrial Products industry
Industry Median: 3.46
vs XMAD:NBI: 20.03
NBI Bearings Europe (XMAD:NBI) 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.
NBI Bearings Europe 3-Year ROIIC % Related Terms
NBI Bearings Europe 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NBI Bearings Europe'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.
XMAD:NBI vs SNA, RBC, LECO: 3-Year ROIIC % Comparison
For the Tools & Accessories subindustry, NBI Bearings Europe'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.
NBI Bearings Europe 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NBI Bearings Europe's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NBI Bearings Europe's 3-Year ROIIC % falls into.
NBI Bearings Europe'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**
=
( 3.144 (Dec. 2025) - 1.73621 (Dec. 2022) )
/
( 52.229 (Dec. 2025) - 45.202 (Dec. 2022) )
=
1.40779
/
7.027
=
20.03%***
* 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.
NBI Bearings Europe (XMAD:NBI) has a 3-Year ROIIC % of 20.03 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 NBI Bearings Europe and its competitors. This is 159% above median its historical median of 7.73. According to the industry distribution chart, NBI Bearings Europe ranks #779 out of 2932 companies in the Industrial Products industry, placing it in the top 26.6%.
Is NBI Bearings Europe's 3-Year ROIIC % too high?
NBI Bearings Europe's current 3-Year ROIIC % of 20.03 is 159% above median its 10-year median of 7.73. The Industrial Products industry median 3-Year ROIIC % is 3.46. NBI Bearings Europe's value of 20.03 is 478.9% above this industry median. Based on the distribution chart, NBI Bearings Europe ranks #779 out of 2932 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NBI Bearings Europe has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NBI Bearings Europe's 3-Year ROIIC % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, NBI Bearings Europe ranks #779 out of 2932 companies for 3-Year ROIIC %. This puts NBI Bearings Europe in the upper half of its industry. The industry median 3-Year ROIIC % is 3.46. NBI Bearings Europe's value of 20.03 is 478.9% above this benchmark. While the company's 10-year median is 7.73 vs. the industry median of 3.46, NBI Bearings Europe 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 3.46, based on 2,932 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. NBI Bearings Europe's current 3-Year ROIIC % of 20.03 is 478.9% 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 NBI Bearings Europe and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBI Bearings Europe's current 3-Year ROIIC % is 20.03, which is 159% above median its own 10-year median of 7.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBI Bearings Europe stock overvalued right now?
Based on GuruFocus' analysis, NBI Bearings Europe (XMAD:NBI) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.29, compared to a current price of €3.14 — trading 26.8% below its estimated fair value. The current 3-Year ROIIC % is 20.03, which is 159% above median its 10-year median of 7.73 and 478.9% above the Industrial Products industry median of 3.46. NBI Bearings Europe's overall GF Score™ is 86/100 with 6 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 NBI Bearings Europe (XMAD:NBI), the current 3-Year ROIIC % is 20.03 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 NBI Bearings Europe (XMAD:NBI) Overvalued in 2026?
Based on GuruFocus' analysis, NBI Bearings Europe stock appears to be undervalued.
The current stock price of €3.14 is trading 26.8% below its estimated GF Value™ of €4.29.
GuruFocus considers NBI Bearings Europe to be Modestly Undervalued.
Key valuation signals for XMAD:NBI:
3-Year ROIIC %: 20.03 (159% above median its 10-year median of 7.73)
GF Value™: €4.29 vs. price of €3.14 (26.8% below fair value)
Industry Position: 478.9% above the Industrial Products median (#779 of 2932)
No single metric tells the full story. See the XMAD:NBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBI Bearings Europe SA is engaged in designing and production of bearings. Its product offerings include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle roller bearings, support rollers, cam followers, cylindrical roller thrust bearings, spherical roller thrust bearings and ball bearings. The company also provides technical services, bearing selection, training and tailor made solutions.
86GF Score
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