Impinj (MEX:PI) ROCE %: -22.48% (As of Mar. 2026)


MEX:PI Impinj Inc MEX:PI
55 GF Score
Price MXN2,746.55
GF Value MXN2,701.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Impinj ROCE %?

Impinj MEX:PI 55 ROCE % is -22.48% as of Mar. 2026. GuruFocus rates MEX:PI with a GF Score™ of 55/100 and a GF Value™ of MXN2,701.09 (Fairly Valued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Impinj's annualized ROCE % for the quarter that ended in Mar. 2026 was -22.48%.

Impinj  (MEX:PI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Impinj ROCE % Related Terms

Impinj ROCE % Historical Data

* Premium members only.

The historical data trend for Impinj's ROCE % 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.

Impinj ROCE % Chart

Impinj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.61 -6.91 -11.87 20.80 -2.61

Impinj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -10.35 10.32 -11.16 -0.23 -22.48
MEX:PI
55GF Score
Impinj Inc MEX:PI
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Impinj ROCE % Calculation

Impinj's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-141.579/( ( (10200.106 - 6906.928) + (9816.456 - 2278.189) )/ 2 )
=-141.579/( (3293.178+7538.267)/ 2 )
=-141.579/5415.7225
=-2.61 %

Impinj's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-1800.096/( ( (9816.456 - 2278.189) + (9061.865 - 586.063) )/ 2 )
=-1800.096/( ( 7538.267 + 8475.802 )/ 2 )
=-1800.096/8007.0345
=-22.48 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -22.48% mean?
Impinj (MEX:PI) has a ROCE % of -22.48% as of Mar. 2026.
Is Impinj's ROCE % too high?
Impinj's current ROCE % is -22.48%. Overall, Impinj has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Impinj's ROCE % compare to POWI and DIOD?
Impinj's ROCE % of -22.48% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Semiconductors company?
The median ROCE % among Semiconductors companies is 4.72, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impinj's current ROCE % is -22.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (MEX:PI) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,701.09, compared to a current price of MXN2,746.55 — trading 1.7% above its estimated fair value. The current ROCE % is -22.48%. Impinj's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Impinj (MEX:PI), the current ROCE % is -22.48% as of Mar. 2026. 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 Impinj (MEX:PI) Overvalued in 2026?

Based on GuruFocus' analysis, Impinj stock appears to be overvalued. The current stock price of MXN2,746.55 is trading 1.7% above its estimated GF Value™ of MXN2,701.09. GuruFocus considers Impinj to be Fairly Valued.

Key valuation signals for MEX:PI:

  • ROCE %: -22.48%
  • GF Value™: MXN2,701.09 vs. price of MXN2,746.55 (1.7% above fair value)
  • GF Score™: 55/100 with 3 warning signs

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

Impinj Business Description

Address 400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
55GF Score

Get the complete analysis for MEX:PI

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

MXN2,746.55
Price
MXN2,701.09
GF Value