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.
Hydrogen De France's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hydrogen De France's 3-Year ROIIC % or its related term are showing as below:
Hydrogen De France (XPAR:HDF) 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.
Hydrogen De France 3-Year ROIIC % Related Terms
Hydrogen De France 3-Year ROIIC % Historical Data
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The historical data trend for Hydrogen De France'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.
Hydrogen De France 3-Year ROIIC % Competitor Comparison
For the Utilities - Renewable subindustry, Hydrogen De France'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.
Hydrogen De France 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Hydrogen De France's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hydrogen De France's 3-Year ROIIC % falls into.
Hydrogen De France'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**
=
( -0.364 (Dec. 2025) - -4.3676694 (Dec. 2022) )
/
( 55.119 (Dec. 2025) - 28.699 (Dec. 2022) )
=
4.0036694
/
26.42
=
15.15%***
* 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.
Hydrogen De France (XPAR:HDF) has a 3-Year ROIIC % of 15.15 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 Hydrogen De France and its competitors. According to the industry distribution chart, Hydrogen De France ranks #91 out of 394 companies in the Utilities - Independent Power Producers industry, placing it in the top 23.1%.
Is Hydrogen De France's 3-Year ROIIC % too high?
Hydrogen De France's current 3-Year ROIIC % is 15.15. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.31. Hydrogen De France's value of 15.15 is 1056.5% above this industry median. Based on the distribution chart, Hydrogen De France ranks #91 out of 394 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Hydrogen De France has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hydrogen De France's 3-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Hydrogen De France ranks #91 out of 394 companies for 3-Year ROIIC %. This places Hydrogen De France in the top 23% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.31. Hydrogen De France's value of 15.15 is 1056.5% above this benchmark. 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 Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.31, based on 394 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. Hydrogen De France's current 3-Year ROIIC % of 15.15 is 1056.5% 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 Hydrogen De France and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen De France's current 3-Year ROIIC % is 15.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen De France stock overvalued right now?
Based on GuruFocus' analysis, Hydrogen De France (XPAR:HDF) is currently considered Fairly Valued. The stock's GF Value™ is €2.44, compared to a current price of €2.68 — trading 9.8% above its estimated fair value. The current 3-Year ROIIC % is 15.15 and 1056.5% above the Utilities - Independent Power Producers industry median of 1.31. Hydrogen De France's overall GF Score™ is 73/100 with 7 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 Hydrogen De France (XPAR:HDF), the current 3-Year ROIIC % is 15.15 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 Hydrogen De France (XPAR:HDF) Overvalued in 2026?
Based on GuruFocus' analysis, Hydrogen De France stock appears to be overvalued.
The current stock price of €2.68 is trading 9.8% above its estimated GF Value™ of €2.44.
GuruFocus considers Hydrogen De France to be Fairly Valued.
Key valuation signals for XPAR:HDF:
3-Year ROIIC %: 15.15
GF Value™: €2.44 vs. price of €2.68 (9.8% above fair value)
Industry Position: 1056.5% above the Utilities - Independent Power Producers median (#91 of 394)
No single metric tells the full story. See the XPAR:HDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hydrogen De France is a global pioneer in hydrogen power. The company develops and operates high capacity large-scale Hydrogen-to-Power infrastructure to provide firm or on-demand electricity from renewable energy sources, combined with high power multimegawatt fuel cells.
73GF Score
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