Emerald Holding (FRA:EM7) 5-Year ROIIC % : 25.85% (As of Dec. 2025)

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FRA:EM7 Emerald Holding Inc FRA:EM7
55 GF Score
Price €4.38
GF Value €2.22
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Emerald Holding 5-Year ROIIC %?

Emerald Holding FRA:EM7 55 5-Year ROIIC % is 25.85 as of Dec. 2025. GuruFocus rates FRA:EM7 with a GF Score™ of 55/100 and a GF Value™ of €2.22 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 884 Media - Diversified companies, Emerald Holding ranks better than 78.28% 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. Emerald Holding's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 25.85%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Emerald Holding's 5-Year ROIIC % or its related term are showing as below:

FRA:EM7's 5-Year ROIIC % is ranked better than
78.28% of 884 companies
in the Media - Diversified industry
Industry Median: -0.265 vs FRA:EM7: 25.85

Emerald Holding  (FRA:EM7) 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.


Emerald Holding 5-Year ROIIC % Related Terms


Emerald Holding 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Emerald Holding'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.

Emerald Holding 5-Year ROIIC % Chart

Emerald Holding 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 22.04 9.66 5.48 5.45 25.85

Emerald Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 25.85 0.00

FRA:EM7 vs CRTO, EVC, QNST: 5-Year ROIIC % Comparison

For the Advertising Agencies subindustry, Emerald Holding'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.


Emerald Holding 5-Year ROIIC % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Emerald Holding's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Emerald Holding's 5-Year ROIIC % falls into.


FRA:EM7
55GF Score
Emerald Holding Inc FRA:EM7
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerald Holding 5-Year ROIIC % Calculation

Emerald Holding'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**
=( 19.215 (Dec. 2025) - -73.3937521 (Dec. 2020) )/( 1058.192 (Dec. 2025) - 663.025 (Dec. 2020) )
=92.6087521/395.167
=23.44%***

* 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 25.85 mean?
Emerald Holding (FRA:EM7) has a 5-Year ROIIC % of 25.85 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 Emerald Holding and its competitors. According to the industry distribution chart, Emerald Holding ranks #192 out of 884 companies in the Media - Diversified industry, placing it in the top 21.7%.
Is Emerald Holding's 5-Year ROIIC % too high?
Emerald Holding's current 5-Year ROIIC % is 25.85. Based on the distribution chart, Emerald Holding ranks #192 out of 884 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Emerald Holding has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerald Holding's 5-Year ROIIC % compare to CRTO and EVC?
According to the Media - Diversified industry distribution chart, Emerald Holding ranks #192 out of 884 companies for 5-Year ROIIC %. This places Emerald Holding in the top 22% of its industry — outperforming the majority of peers. 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 Media - Diversified company?
A good 5-Year ROIIC % depends on the Media - Diversified industry context. However, 5-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 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 Emerald Holding and its competitors. Emerald Holding's current 5-Year ROIIC % is 25.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Holding stock overvalued right now?
Based on GuruFocus' analysis, Emerald Holding (FRA:EM7) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.22, compared to a current price of €4.38 — trading 97.3% above its estimated fair value. The current 5-Year ROIIC % is 25.85. Emerald Holding's overall GF Score™ is 55/100 with 6 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 Emerald Holding (FRA:EM7), the current 5-Year ROIIC % is 25.85 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 Emerald Holding (FRA:EM7) Overvalued in 2026?

Based on GuruFocus' analysis, Emerald Holding stock appears to be overvalued. The current stock price of €4.38 is trading 97.3% above its estimated GF Value™ of €2.22. GuruFocus considers Emerald Holding to be Significantly Overvalued.

Key valuation signals for FRA:EM7:

  • 5-Year ROIIC %: 25.85
  • GF Value™: €2.22 vs. price of €4.38 (97.3% above fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the FRA:EM7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emerald Holding Business Description

Other Exchanges EEX:USA
Address 100 Broadway, 14th Floor, New York, NY, USA, 10005
Emerald Holding Inc is a business-to-business (B2B) event organizer principally in the United States, with operations in the United Kingdom (U.K.), France, and other markets. The company is engaged in three complementary business lines: Connections division consists of a collection of B2B trade show franchises and other live events that provide exhibitors opportunities to engage with buyers and expand their brand's awareness in their industry; the Content division consists of B2B print publications and digital media products that complement existing trade show properties, and the Commerce division provides B2B e-commerce and digital merchandising solutions to manufacturers and retailers. Emerald's key revenue is derived from the Connections business, its only reportable segment.
55GF Score

Get the complete analysis for FRA:EM7

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

€4.38
Price
€2.22
GF Value