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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.
Institut IGH DD's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -6.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Institut IGH DD's 3-Year ROIIC % or its related term are showing as below:
ZAG:IGH's 3-Year ROIIC % is ranked worse than 71.12% of 1686
companies
in the Construction industry
Industry Median: 4.615
vs ZAG:IGH: -6.47
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.
Institut IGH DD 3-Year ROIIC % Related Terms
Institut IGH DD 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Institut IGH DD'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.
ZAG:IGH vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Institut IGH DD'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.
Institut IGH DD 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Institut IGH DD's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Institut IGH DD's 3-Year ROIIC % falls into.
Institut IGH DD'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**
=
( 1.039 (Dec. 2025) - -0.453 (Dec. 2022) )
/
( 14.03 (Dec. 2025) - 37.105 (Dec. 2022) )
=
1.492
/
-23.075
=
-6.47%***
* 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.
Institut IGH DD (ZAG:IGH) has a 3-Year ROIIC % of -6.47 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 Institut IGH DD and its competitors. According to the industry distribution chart, Institut IGH DD ranks #1199 out of 1686 companies in the Construction industry, placing it in the top 71.1%.
Is Institut IGH DD's 3-Year ROIIC % too high?
Institut IGH DD's current 3-Year ROIIC % is -6.47. Based on the distribution chart, Institut IGH DD ranks #1199 out of 1686 companies in the Construction industry, which is below the industry midpoint. Overall, Institut IGH DD has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Institut IGH DD's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Institut IGH DD ranks #1199 out of 1686 companies for 3-Year ROIIC %. This places Institut IGH DD in the lower half of its industry. The industry median 3-Year ROIIC % is 4.62. 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.62, based on 1,686 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. 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 Institut IGH DD and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Institut IGH DD's current 3-Year ROIIC % is -6.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Institut IGH DD stock overvalued right now?
Based on GuruFocus' analysis, Institut IGH DD (ZAG:IGH) is currently considered Fairly Valued. The stock's GF Value™ is €12.57, compared to a current price of €11.70 — trading 6.9% below its estimated fair value. The current 3-Year ROIIC % is -6.47. Institut IGH DD's overall GF Score™ is 60/100 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 Institut IGH DD (ZAG:IGH), the current 3-Year ROIIC % is -6.47 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 Institut IGH DD (ZAG:IGH) Overvalued in 2026?
Based on GuruFocus' analysis, Institut IGH DD stock appears to be undervalued.
The current stock price of €11.70 is trading 6.9% below its estimated GF Value™ of €12.57.
GuruFocus considers Institut IGH DD to be Fairly Valued.
Key valuation signals for ZAG:IGH:
3-Year ROIIC %: -6.47
GF Value™: €12.57 vs. price of €11.70 (6.9% below fair value)
No single metric tells the full story. See the ZAG:IGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Institut IGH DD is a consulting company for engineering services in the field of construction in Croatia and the region, providing support to infrastructure and investment projects and solutions in the field of construction in Croatia and international markets. Its services are management of holding companies, architectural and engineering activities, technical consulting, improvement of regulations in the field of construction, improvement of development programs and construction technologies, and protection, preservation, and improvement of space. Its segments include Department of Design, the Department of Professional Supervision and Project Management generate maximum revenue, Department of Materials and Structures, Branches, and Management and Support Services.
60GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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