Hove ASFRA:LL0 +2.51%60 5-Year ROIIC % is 15.73 as of Dec. 2025. GuruFocus rates FRA:LL0 with a GF Score™ of 60/100 and a GF Value™ of €0.84 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,463 Chemicals companies, Hove AS ranks better than 80.59% 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.
Hove AS's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hove AS's 5-Year ROIIC % or its related term are showing as below:
FRA:LL0's 5-Year ROIIC % is ranked better than 80.59% of 1463
companies
in the Chemicals industry
Industry Median: 1.42
vs FRA:LL0: 15.73
Hove AS (FRA:LL0) 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.
Hove AS 5-Year ROIIC % Related Terms
Hove AS 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hove AS'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:LL0 vs LIN, SHW, ECL: 5-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Hove AS'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.
Hove AS 5-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hove AS's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hove AS's 5-Year ROIIC % falls into.
Hove AS'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**
=
( 2.0216985 (Dec. 2025) - 0.9132906 (Dec. 2020) )
/
( 12.876 (Dec. 2025) - 5.824 (Dec. 2020) )
=
1.1084079
/
7.052
=
15.72%***
* 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.
Hove AS (FRA:LL0) has a 5-Year ROIIC % of 15.73 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 Hove AS and its competitors. According to the industry distribution chart, Hove AS ranks #284 out of 1463 companies in the Chemicals industry, placing it in the top 19.4%.
Is Hove AS's 5-Year ROIIC % too high?
Hove AS's current 5-Year ROIIC % is 15.73. The Chemicals industry median 5-Year ROIIC % is 1.42. Hove AS's value of 15.73 is 1007.7% above this industry median. Based on the distribution chart, Hove AS ranks #284 out of 1463 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hove AS has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hove AS's 5-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hove AS ranks #284 out of 1463 companies for 5-Year ROIIC %. This places Hove AS in the top 19% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 1.42. Hove AS's value of 15.73 is 1007.7% 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 Chemicals company?
The median 5-Year ROIIC % among Chemicals companies is 1.42, based on 1,463 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. Hove AS's current 5-Year ROIIC % of 15.73 is 1007.7% 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 Hove AS and its competitors. For the Chemicals industry, the median 5-Year ROIIC % is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hove AS's current 5-Year ROIIC % is 15.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hove AS stock overvalued right now?
Based on GuruFocus' analysis, Hove AS (FRA:LL0) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.84, compared to a current price of €0.74 — trading 12.4% below its estimated fair value. The current 5-Year ROIIC % is 15.73 and 1007.7% above the Chemicals industry median of 1.42. Hove AS's overall GF Score™ is 60/100 with 1 warning sign 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 Hove AS (FRA:LL0), the current 5-Year ROIIC % is 15.73 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 Hove AS (FRA:LL0) Overvalued in 2026?
Based on GuruFocus' analysis, Hove AS stock appears to be undervalued.
The current stock price of €0.74 is trading 12.4% below its estimated GF Value™ of €0.84.
GuruFocus considers Hove AS to be Modestly Undervalued.
Key valuation signals for FRA:LL0:
5-Year ROIIC %: 15.73
GF Value™: €0.84 vs. price of €0.74 (12.4% below fair value)
Industry Position: 1007.7% above the Chemicals median (#284 of 1463)
No single metric tells the full story. See the FRA:LL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hove AS develops, produces, and supplies lubrication solutions for mechanical bearings in the wind turbine industry. The company's solutions are Hove Smart Lube, Hove Carry, Lubrication Solutions, Beinlich Pumps, and others.
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