Elia Group/NV (CHIX:ELIB) 5-Year ROIIC % : 3.42% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:ELIB Elia Group SA/NV CHIX:ELIB
76 GF Score
Price €138.40
GF Value €92.69
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Elia Group/NV 5-Year ROIIC %?

Elia Group/NV CHIX:ELIB 76 5-Year ROIIC % is 3.42 as of Dec. 2025. GuruFocus rates CHIX:ELIB with a GF Score™ of 76/100 and a GF Value™ of €92.69 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 469 Utilities - Regulated companies, Elia Group/NV ranks worse than 53.3% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Elia Group/NV's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Elia Group/NV's 5-Year ROIIC % or its related term are showing as below:

CHIX:ELIb's 5-Year ROIIC % is ranked worse than
53.3% of 469 companies
in the Utilities - Regulated industry
Industry Median: 4.05 vs CHIX:ELIb: 3.42

Elia Group/NV  (CHIX:ELIb) 5-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.


Elia Group/NV 5-Year ROIIC % Related Terms


Elia Group/NV 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Elia Group/NV's 5-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.

Elia Group/NV 5-Year ROIIC % Chart

Elia Group/NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 1.63 2.54 2.03 3.42

Elia Group/NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.54 0.00 2.03 0.00 3.42

CHIX:ELIB vs NEE, SO, DUK: 5-Year ROIIC % Comparison

For the Utilities - Regulated Electric subindustry, Elia Group/NV's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Elia Group/NV 5-Year ROIIC % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elia Group/NV's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Elia Group/NV's 5-Year ROIIC % falls into.


CHIX:ELIB
76GF Score
Elia Group SA/NV CHIX:ELIB
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elia Group/NV 5-Year ROIIC % Calculation

Elia Group/NV's 5-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 823.64823 (Dec. 2025) - 346.02906 (Dec. 2020) )/( 28900.7 (Dec. 2025) - 14954.6 (Dec. 2020) )
=477.61917/13946.1
=3.42%***

* 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 5-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.

Frequently Asked Questions Learn more about 5-Year ROIIC % →
What does a 5-Year ROIIC % of 3.42 mean?
Elia Group/NV (CHIX:ELIB) has a 5-Year ROIIC % of 3.42 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Elia Group/NV and its competitors. According to the industry distribution chart, Elia Group/NV ranks #250 out of 469 companies in the Utilities - Regulated industry, placing it in the top 53.3%.
Is Elia Group/NV's 5-Year ROIIC % too high?
Elia Group/NV's current 5-Year ROIIC % is 3.42. The Utilities - Regulated industry median 5-Year ROIIC % is 4.05. Elia Group/NV's value of 3.42 is 15.6% below this industry median. Based on the distribution chart, Elia Group/NV ranks #250 out of 469 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Elia Group/NV has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elia Group/NV's 5-Year ROIIC % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Elia Group/NV ranks #250 out of 469 companies for 5-Year ROIIC %. This places Elia Group/NV in the lower half of its industry. The industry median 5-Year ROIIC % is 4.05. Elia Group/NV's value of 3.42 is 15.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for an Utilities - Regulated company?
The median 5-Year ROIIC % among Utilities - Regulated companies is 4.05, based on 469 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elia Group/NV's current 5-Year ROIIC % of 3.42 is 15.6% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Elia Group/NV and its competitors. For the Utilities - Regulated industry, the median 5-Year ROIIC % is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elia Group/NV's current 5-Year ROIIC % is 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elia Group/NV stock overvalued right now?
Based on GuruFocus' analysis, Elia Group/NV (CHIX:ELIB) is currently considered Significantly Overvalued. The stock's GF Value™ is €92.69, compared to a current price of €138.40 — trading 49.3% above its estimated fair value. The current 5-Year ROIIC % is 3.42 and 15.6% below the Utilities - Regulated industry median of 4.05. Elia Group/NV's overall GF Score™ is 76/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Elia Group/NV (CHIX:ELIB), the current 5-Year ROIIC % is 3.42 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 Elia Group/NV (CHIX:ELIB) Overvalued in 2026?

Based on GuruFocus' analysis, Elia Group/NV stock appears to be overvalued. The current stock price of €138.40 is trading 49.3% above its estimated GF Value™ of €92.69. GuruFocus considers Elia Group/NV to be Significantly Overvalued.

Key valuation signals for CHIX:ELIB:

  • 5-Year ROIIC %: 3.42
  • GF Value™: €92.69 vs. price of €138.40 (49.3% above fair value)
  • GF Score™: 76/100 with 12 warning signs
  • Industry Position: 15.6% below the Utilities - Regulated median (#250 of 469)

No single metric tells the full story. See the CHIX:ELIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elia Group/NV Business Description

Address 20 Boulevard de l’Empereur, Brussels, BEL, 1000
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. These countries also house many of the firm's energy infrastructure investments. Elia's operating segments are: 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link. Geographically, it generates maximum revenue from Germany, and the rest from Belgium, Other EU countries, North America, and Asia and Africa.
76GF Score

Get the complete analysis for CHIX:ELIB

5-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€138.40
Price
€92.69
GF Value