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National Investment TrustXMAU:NIT 54 3-Year ROIIC % is 455.59 as of Jun. 2025, which is 704% above its 10-year median of 56.64. GuruFocus rates XMAU:NIT with a GF Score™ of 54/100. The stock has 4 warning signs investors should review. Among 659 Asset Management companies, National Investment Trust ranks better than 97.12% 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.
National Investment Trust's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 455.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for National Investment Trust's 3-Year ROIIC % or its related term are showing as below:
XMAU:NIT's 3-Year ROIIC % is ranked better than 97.12% of 659
companies
in the Asset Management industry
Industry Median: 1.75
vs XMAU:NIT: 455.59
National Investment Trust (XMAU:NIT) 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.
National Investment Trust 3-Year ROIIC % Related Terms
National Investment Trust 3-Year ROIIC % Historical Data
* 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.
XMAU:NIT vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, National Investment Trust'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.
National Investment Trust 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, National Investment Trust's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where National Investment Trust's 3-Year ROIIC % falls into.
National Investment Trust 3-Year ROIIC % Calculation
National Investment Trust's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 49.0621064 (Jun. 2025) - 326.564 (Jun. 2022) )
/
( 1069.139 (Jun. 2025) - 1130.049 (Jun. 2022) )
=
-277.5018936
/
-60.91
=
455.59%***
* 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.
National Investment Trust (XMAU:NIT) has a 3-Year ROIIC % of 455.59 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on National Investment Trust and its competitors. This is 704% above median its historical median of 56.64. According to the industry distribution chart, National Investment Trust ranks #19 out of 659 companies in the Asset Management industry, placing it in the top 2.9%.
Is National Investment Trust's 3-Year ROIIC % too high?
National Investment Trust's current 3-Year ROIIC % of 455.59 is 704% above median its 10-year median of 56.64. The Asset Management industry median 3-Year ROIIC % is 1.75. National Investment Trust's value of 455.59 is 25933.7% above this industry median. Based on the distribution chart, National Investment Trust ranks #19 out of 659 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, National Investment Trust has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does National Investment Trust's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, National Investment Trust ranks #19 out of 659 companies for 3-Year ROIIC %. This places National Investment Trust in the top 3% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.75. National Investment Trust's value of 455.59 is 25933.7% above this benchmark. While the company's 10-year median is 56.64 vs. the industry median of 1.75, National Investment Trust 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 Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 1.75, based on 659 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. National Investment Trust's current 3-Year ROIIC % of 455.59 is 25933.7% 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 National Investment Trust and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Investment Trust's current 3-Year ROIIC % is 455.59, which is 704% above median its own 10-year median of 56.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Investment Trust stock overvalued right now?
National Investment Trust (XMAU:NIT) has a current 3-Year ROIIC % of 455.59. The current 3-Year ROIIC % is 455.59, which is 704% above median its 10-year median of 56.64 and 25933.7% above the Asset Management industry median of 1.75. National Investment Trust's overall GF Score™ is 54/100 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 National Investment Trust (XMAU:NIT), the current 3-Year ROIIC % is 455.59 as of Jun. 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.
National Investment Trust Ltd is a closed-end fund. It invests in shares and securities in both the local and international markets. The investment objective of the NIT Local Equity Fund is to produce both income and capital growth from a diversified portfolio of domestic securities. The company has eight Funds under namely, the NIT Local Equity Fund, NIT Global Opportunities Fund, NIT North America Fund, NIT Europe Fund, NIT Emerging Markets Fund, NIT Global Healthcare Fund, NIT Global Bond Fund and the NIT Global Value.
54GF Score
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