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Tubos ReunidosXMAD:TRG 13 3-Year ROIIC % is 87.07 as of Dec. 2025, which is 82% above its 10-year median of 47.92. GuruFocus rates XMAD:TRG with a GF Score™ of 13/100 and a GF Value™ of €0.49. The stock has 4 warning signs investors should review. Among 605 Steel companies, Tubos Reunidos ranks better than 91.4% 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.
Tubos Reunidos's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 87.07%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tubos Reunidos's 3-Year ROIIC % or its related term are showing as below:
XMAD:TRG's 3-Year ROIIC % is ranked better than 91.4% of 605
companies
in the Steel industry
Industry Median: -0.23
vs XMAD:TRG: 87.07
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.
Tubos Reunidos 3-Year ROIIC % Related Terms
Tubos Reunidos 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tubos Reunidos'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:TRG vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Tubos Reunidos'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.
Tubos Reunidos 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Tubos Reunidos's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tubos Reunidos's 3-Year ROIIC % falls into.
Tubos Reunidos'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**
=
( -39.693 (Dec. 2025) - 48.503 (Dec. 2022) )
/
( 255.751 (Dec. 2025) - 357.047 (Dec. 2022) )
=
-88.196
/
-101.296
=
87.07%***
* 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.
Tubos Reunidos (XMAD:TRG) has a 3-Year ROIIC % of 87.07 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 Tubos Reunidos and its competitors. This is 82% above median its historical median of 47.92. According to the industry distribution chart, Tubos Reunidos ranks #52 out of 605 companies in the Steel industry, placing it in the top 8.6%.
Is Tubos Reunidos' 3-Year ROIIC % too high?
Tubos Reunidos' current 3-Year ROIIC % of 87.07 is 82% above median its 10-year median of 47.92. Based on the distribution chart, Tubos Reunidos ranks #52 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tubos Reunidos has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Tubos Reunidos' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Tubos Reunidos ranks #52 out of 605 companies for 3-Year ROIIC %. This places Tubos Reunidos in the top 9% of its industry — outperforming the majority of peers. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel 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 Tubos Reunidos and its competitors. Tubos Reunidos's current 3-Year ROIIC % is 87.07, which is 82% above median its own 10-year median of 47.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tubos Reunidos stock overvalued right now?
Tubos Reunidos (XMAD:TRG) has a current 3-Year ROIIC % of 87.07. The stock's GF Value™ is €0.49, compared to a current price of €0.14 — trading 70.7% below its estimated fair value. The current 3-Year ROIIC % is 87.07, which is 82% above median its 10-year median of 47.92. Tubos Reunidos' overall GF Score™ is 13/100 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 Tubos Reunidos (XMAD:TRG), the current 3-Year ROIIC % is 87.07 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 Tubos Reunidos (XMAD:TRG) Overvalued in 2026?
Based on GuruFocus' analysis, Tubos Reunidos stock appears to be undervalued.
The current stock price of €0.14 is trading 70.7% below its estimated GF Value™ of €0.49.
Key valuation signals for XMAD:TRG:
3-Year ROIIC %: 87.07 (82% above median its 10-year median of 47.92)
GF Value™: €0.49 vs. price of €0.14 (70.7% below fair value)
No single metric tells the full story. See the XMAD:TRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tubos Reunidos SA is a holding company. The company operates in the areas of the seamless tube, distribution, automotive and other sectors. Its products are essentially required by the energy sector; Oil and Gas, electrical power generation and petrochemical industry, as well as by machinery and special industrial applications. The product portfolio includes tubes manufactured in carbon, alloyed, high allowed and stainless, steels.
13GF Score
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