VEOM GroupXPAR:ALVG 3-Year ROIIC % is 39.32 as of Dec. 2024, which is 43% above its 10-year median of 27.44. The stock has 3 warning signs investors should review.
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.
VEOM Group's 3-Year ROIIC % for the quarter that ended in Dec. 2024 was 39.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for VEOM Group's 3-Year ROIIC % or its related term are showing as below:
XPAR:ALVG's 3-Year ROIIC % is not ranked
in the Hardware industry.
Industry Median: 2.335
vs XPAR:ALVG: 39.32
VEOM Group (XPAR:ALVG) 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.
VEOM Group 3-Year ROIIC % Related Terms
VEOM Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for VEOM Group'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 Consumer Electronics subindustry, VEOM Group'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.
VEOM Group 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, VEOM Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where VEOM Group's 3-Year ROIIC % falls into.
VEOM Group's 3-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -2.5758526 (Dec. 2024) - -0.444 (Dec. 2021) )
/
( 23.357 (Dec. 2024) - 28.779 (Dec. 2021) )
=
-2.1318526
/
-5.422
=
39.32%***
* 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.
VEOM Group (XPAR:ALVG) has a 3-Year ROIIC % of 39.32 as of Dec. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on VEOM Group and its competitors. This is 43% above median its historical median of 27.44.
Is VEOM Group's 3-Year ROIIC % too high?
VEOM Group's current 3-Year ROIIC % of 39.32 is 43% above median its 10-year median of 27.44. The Hardware industry median 3-Year ROIIC % is 2.34. VEOM Group's value of 39.32 is 1583.9% above this industry median.
How does VEOM Group's 3-Year ROIIC % compare to AAPL?
VEOM Group's 3-Year ROIIC % of 39.32 can be compared against companies in the Hardware industry. The industry median 3-Year ROIIC % is 2.34. VEOM Group's value of 39.32 is 1583.9% above this benchmark. While the company's 10-year median is 27.44 vs. the industry median of 2.34, VEOM Group 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 a Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,376 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. VEOM Group's current 3-Year ROIIC % of 39.32 is 1583.9% 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 VEOM Group and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VEOM Group's current 3-Year ROIIC % is 39.32, which is 43% above median its own 10-year median of 27.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VEOM Group stock overvalued right now?
VEOM Group (XPAR:ALVG) has a current 3-Year ROIIC % of 39.32. The stock's GF Value™ is €0.11, compared to a current price of €0.03 — trading 76.5% below its estimated fair value. The current 3-Year ROIIC % is 39.32, which is 43% above median its 10-year median of 27.44 and 1583.9% above the Hardware industry median of 2.34. 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 VEOM Group (XPAR:ALVG), the current 3-Year ROIIC % is 39.32 as of Dec. 2024. 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.
VEOM Group formerly Cabasse Group is a provider of Smart Home products and services. The company's products are classified under smart audio; home automation; and security and electricity that consists of range of security solutions such as cameras, videophones, alarms, detectors connected to a single ecosystem as well as a wide range of essential electrical accessories for the home such as cords, plugs, sockets, cables.
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