Bloom EnergyXSWX:BE +0.48%64 3-Year ROIIC % is 128.16 as of Dec. 2025, which is 349% above its 10-year median of 28.52. GuruFocus rates XSWX:BE with a GF Score™ of 64/100 and a GF Value™ of CHF24.98. The stock has 3 warning signs investors should review. Among 2,936 Industrial Products companies, Bloom Energy ranks better than 94.31% 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.
Bloom Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 128.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bloom Energy's 3-Year ROIIC % or its related term are showing as below:
XSWX:BE's 3-Year ROIIC % is ranked better than 94.31% of 2936
companies
in the Industrial Products industry
Industry Median: 3.425
vs XSWX:BE: 128.16
Bloom Energy (XSWX:BE) 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.
Bloom Energy 3-Year ROIIC % Related Terms
Bloom Energy 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bloom Energy'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 Electrical Equipment & Parts subindustry, Bloom Energy'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.
Bloom Energy 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bloom Energy's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bloom Energy's 3-Year ROIIC % falls into.
Bloom Energy'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**
=
( 58.016 (Dec. 2025) - -243.14 (Dec. 2022) )
/
( 1284.977 (Dec. 2025) - 1259.541 (Dec. 2022) )
=
301.156
/
25.436
=
1,183.98%***
* 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.
Bloom Energy (XSWX:BE) has a 3-Year ROIIC % of 128.16 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 Bloom Energy and its competitors. This is 349% above median its historical median of 28.52. According to the industry distribution chart, Bloom Energy ranks #167 out of 2936 companies in the Industrial Products industry, placing it in the top 5.7%.
Is Bloom Energy's 3-Year ROIIC % too high?
Bloom Energy's current 3-Year ROIIC % of 128.16 is 349% above median its 10-year median of 28.52. The Industrial Products industry median 3-Year ROIIC % is 3.43. Bloom Energy's value of 128.16 is 3641.9% above this industry median. Based on the distribution chart, Bloom Energy ranks #167 out of 2936 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Bloom Energy has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Bloom Energy's 3-Year ROIIC % compare to ?
According to the Industrial Products industry distribution chart, Bloom Energy ranks #167 out of 2936 companies for 3-Year ROIIC %. This places Bloom Energy in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.43. Bloom Energy's value of 128.16 is 3641.9% above this benchmark. While the company's 10-year median is 28.52 vs. the industry median of 3.43, Bloom Energy 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 Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.43, based on 2,936 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. Bloom Energy's current 3-Year ROIIC % of 128.16 is 3641.9% 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 Bloom Energy and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bloom Energy's current 3-Year ROIIC % is 128.16, which is 349% above median its own 10-year median of 28.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bloom Energy stock overvalued right now?
Bloom Energy (XSWX:BE) has a current 3-Year ROIIC % of 128.16. The stock's GF Value™ is CHF24.98, compared to a current price of CHF220.40 — trading 782.3% above its estimated fair value. The current 3-Year ROIIC % is 128.16, which is 349% above median its 10-year median of 28.52 and 3641.9% above the Industrial Products industry median of 3.43. Bloom Energy's overall GF Score™ is 64/100 with 3 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 Bloom Energy (XSWX:BE), the current 3-Year ROIIC % is 128.16 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 Bloom Energy (XSWX:BE) Overvalued in 2026?
Based on GuruFocus' analysis, Bloom Energy stock appears to be overvalued.
The current stock price of CHF220.40 is trading 782.3% above its estimated GF Value™ of CHF24.98.
Key valuation signals for XSWX:BE:
3-Year ROIIC %: 128.16 (349% above median its 10-year median of 28.52)
GF Value™: CHF24.98 vs. price of CHF220.40 (782.3% above fair value)
Industry Position: 3641.9% above the Industrial Products median (#167 of 2936)
No single metric tells the full story. See the XSWX:BE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.
64GF Score
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