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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.
FiscalNote Holdings's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 301.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for FiscalNote Holdings's 5-Year ROIIC % or its related term are showing as below:
FRA:A2O1's 5-Year ROIIC % is ranked better than 97.28% of 2314
companies
in the Software industry
Industry Median: 4.975
vs FRA:A2O1: 301.94
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.
FiscalNote Holdings 5-Year ROIIC % Related Terms
FiscalNote Holdings 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for FiscalNote Holdings'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.
FRA:A2O1 vs HWNI, CYCU, KSEZ: 5-Year ROIIC % Comparison
For the Information Technology Services subindustry, FiscalNote Holdings'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.
FiscalNote Holdings 5-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, FiscalNote Holdings's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where FiscalNote Holdings's 5-Year ROIIC % falls into.
* 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.
FiscalNote Holdings (FRA:A2O1) has a 5-Year ROIIC % of 301.94 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 FiscalNote Holdings and its competitors. According to the industry distribution chart, FiscalNote Holdings ranks #63 out of 2314 companies in the Software industry, placing it in the top 2.7%.
Is FiscalNote Holdings' 5-Year ROIIC % too high?
FiscalNote Holdings' current 5-Year ROIIC % is 301.94. The Software industry median 5-Year ROIIC % is 4.98. FiscalNote Holdings' value of 301.94 is 5969.1% above this industry median. Based on the distribution chart, FiscalNote Holdings ranks #63 out of 2314 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, FiscalNote Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does FiscalNote Holdings' 5-Year ROIIC % compare to HWNI and CYCU?
According to the Software industry distribution chart, FiscalNote Holdings ranks #63 out of 2314 companies for 5-Year ROIIC %. This places FiscalNote Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 4.98. FiscalNote Holdings' value of 301.94 is 5969.1% 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 5-Year ROIIC % for a Software company?
The median 5-Year ROIIC % among Software companies is 4.98, based on 2,314 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. FiscalNote Holdings's current 5-Year ROIIC % of 301.94 is 5969.1% 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 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 FiscalNote Holdings and its competitors. For the Software industry, the median 5-Year ROIIC % is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FiscalNote Holdings's current 5-Year ROIIC % is 301.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FiscalNote Holdings stock overvalued right now?
FiscalNote Holdings (FRA:A2O1) has a current 5-Year ROIIC % of 301.94. The stock's GF Value™ is €33.72, compared to a current price of €0.55 — trading 98.4% below its estimated fair value. The current 5-Year ROIIC % is 301.94 and 5969.1% above the Software industry median of 4.98. FiscalNote Holdings' overall GF Score™ is 44/100 with 4 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 FiscalNote Holdings (FRA:A2O1), the current 5-Year ROIIC % is 301.94 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 FiscalNote Holdings (FRA:A2O1) Overvalued in 2026?
Based on GuruFocus' analysis, FiscalNote Holdings stock appears to be undervalued.
The current stock price of €0.55 is trading 98.4% below its estimated GF Value™ of €33.72.
Key valuation signals for FRA:A2O1:
5-Year ROIIC %: 301.94
GF Value™: €33.72 vs. price of €0.55 (98.4% below fair value)
Industry Position: 5969.1% above the Software median (#63 of 2314)
No single metric tells the full story. See the FRA:A2O1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FiscalNote Holdings Inc provides technology solutions for policy and market intelligence. Its offerings include legislative tracking, regulatory analysis, and stakeholder engagement through its platform, PolicyNote, which integrates policy data with monitoring tools and analysis. The company serves a diverse customer base comprising enterprises, midsized and smaller businesses, government agencies, law firms, professional services organizations, trade groups and non-profits in more than 40 countries. It derives revenue from subscription revenue arrangements and advisory, advertising and other revenues. Geographically, the company generates the majority of its revenue from North America, and the rest from Europe, Australia, and Asia.
44GF Score
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