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Neco Insurance CoXNEP:NIL -0.39%98 3-Year ROIIC % is 1.64 as of Jul. 2025, which is 76% below its 10-year median of 6.83. GuruFocus rates XNEP:NIL with a GF Score™ of 98/100 and a GF Value™ of NPR735.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 338 Insurance companies, Neco Insurance Co ranks worse than 66.86% 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.
Neco Insurance Co's 3-Year ROIIC % for the quarter that ended in Jul. 2025 was 1.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Neco Insurance Co's 3-Year ROIIC % or its related term are showing as below:
XNEP:NIL's 3-Year ROIIC % is ranked worse than 66.86% of 338
companies
in the Insurance industry
Industry Median: 5.09
vs XNEP:NIL: 1.64
Neco Insurance Co (XNEP:NIL) 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.
Neco Insurance Co 3-Year ROIIC % Related Terms
Neco Insurance Co 3-Year ROIIC % Historical Data
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The historical data trend for Neco Insurance Co'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.
XNEP:NIL vs BRK.A, AIG, HIG: 3-Year ROIIC % Comparison
For the Insurance - Diversified subindustry, Neco Insurance Co'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.
Neco Insurance Co 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Neco Insurance Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Neco Insurance Co'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.
Neco Insurance Co (XNEP:NIL) has a 3-Year ROIIC % of 1.64 as of Jul. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Neco Insurance Co and its competitors. This is 76% below median its historical median of 6.83. Over the past decade, Neco Insurance Co's 3-Year ROIIC % has ranged from 1.64 to 17.07. According to the industry distribution chart, Neco Insurance Co ranks #226 out of 338 companies in the Insurance industry, placing it in the top 66.9%.
Is Neco Insurance Co's 3-Year ROIIC % too high?
Neco Insurance Co's current 3-Year ROIIC % of 1.64 is 76% below median its 10-year median of 6.83. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 17.07. The Insurance industry median 3-Year ROIIC % is 5.09. Neco Insurance Co's value of 1.64 is 67.8% below this industry median. Based on the distribution chart, Neco Insurance Co ranks #226 out of 338 companies in the Insurance industry, which is below the industry midpoint. Overall, Neco Insurance Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neco Insurance Co's 3-Year ROIIC % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Neco Insurance Co ranks #226 out of 338 companies for 3-Year ROIIC %. This places Neco Insurance Co in the lower half of its industry. The industry median 3-Year ROIIC % is 5.09. Neco Insurance Co's value of 1.64 is 67.8% below this benchmark. Historically, Neco Insurance Co's own 3-Year ROIIC % has ranged from 1.64 to 17.07 over the past decade. While the company's 10-year median is 6.83 vs. the industry median of 5.09, Neco Insurance Co has consistently been below 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 Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.09, based on 338 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. Neco Insurance Co's current 3-Year ROIIC % of 1.64 is 67.8% below 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 Neco Insurance Co and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neco Insurance Co's current 3-Year ROIIC % is 1.64, which is 76% below median its own 10-year median of 6.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neco Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Neco Insurance Co (XNEP:NIL) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR735.70, compared to a current price of NPR617.10 — trading 16.1% below its estimated fair value. The current 3-Year ROIIC % is 1.64, which is 76% below median its 10-year median of 6.83 and 67.8% below the Insurance industry median of 5.09. Neco Insurance Co's overall GF Score™ is 98/100 with 5 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 Neco Insurance Co (XNEP:NIL), the current 3-Year ROIIC % is 1.64 as of Jul. 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 Neco Insurance Co (XNEP:NIL) Overvalued in 2026?
Based on GuruFocus' analysis, Neco Insurance Co stock appears to be undervalued.
The current stock price of NPR617.10 is trading 16.1% below its estimated GF Value™ of NPR735.70.
GuruFocus considers Neco Insurance Co to be Modestly Undervalued.
Key valuation signals for XNEP:NIL:
3-Year ROIIC %: 1.64 (76% below median its 10-year median of 6.83)
GF Value™: NPR735.70 vs. price of NPR617.10 (16.1% below fair value)
Industry Position: 67.8% below the Insurance median (#226 of 338)
No single metric tells the full story. See the XNEP:NIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neco Insurance Co Ltd is a non-life insurance company. The firm's business segment comprises Aviation, Engineering, Fire, Marine, Motor, Micro, Cattle and Crop, and Miscellaneous. The company underwrites all types of general insurance risk through different kinds of policies prevailing in the market under seven categories, i.e., Property, Motor, Aviation, Marine, Engineering, Agriculture, and Miscellaneous.
98GF Score
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