ICHR (Ichor Holdings) ROIC %: 0.00% (As of Mar. 2026)


ICHR Ichor Holdings Ltd ICHR
60 GF Score
Price $94.00
GF Value $31.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ichor Holdings ROIC %?

Ichor Holdings ICHR -1.08% 60 ROIC % is 0.00% as of Mar. 2026. GuruFocus rates ICHR with a GF Score™ of 60/100 and a GF Value™ of $31.09 (Significantly Overvalued). The stock has 6 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Ichor Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 0.00%.

As of today (2026-06-26), Ichor Holdings's WACC % is 16.17%. Ichor Holdings's ROIC % is -4.70% (calculated using TTM income statement data). Ichor Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Ichor Holdings  (NAS:ICHR) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Ichor Holdings's WACC % is 16.17%. Ichor Holdings's ROIC % is -4.70% (calculated using TTM income statement data). Ichor Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Ichor Holdings ROIC % Related Terms


Ichor Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for Ichor Holdings's ROIC % 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.

Ichor Holdings ROIC % Chart

Ichor Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.54 10.18 -1.32 -0.98 -5.16

Ichor Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 -0.60 -2.48 -10.03 -7.35 0.00

ICHR vs COHU, AEHR, PLAB: ROIC % Comparison

For the Semiconductor Equipment & Materials subindustry, Ichor Holdings's ROIC %, along with its competitors' market caps and ROIC % 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.


Ichor Holdings ROIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ichor Holdings's ROIC % distribution charts can be found below:

* The bar in red indicates where Ichor Holdings's ROIC % falls into.


ICHR
60GF Score
Ichor Holdings Ltd ICHR
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichor Holdings ROIC % Calculation

Ichor Holdings's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=-39.272 * ( 1 - 0% )/( (779.184 + 743.103)/ 2 )
=-39.272/761.1435
=-5.16 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=995.564 - 107.711 - ( 108.669 - max(0, 135.67 - 452.62+108.669))
=779.184

Ichor Holdings's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=8.34 * ( 1 - 100% )/( (743.103 + 758.71)/ 2 )
=0/750.9065
=0.00 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=972.502 - 124.703 - ( 89.089 - max(0, 156.672 - 442.094+89.089))
=758.71

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 0.00% mean?
Ichor Holdings (ICHR) has a ROIC % of 0.00% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Ichor Holdings and its competitors.
Is Ichor Holdings' ROIC % too high?
Ichor Holdings' current ROIC % is 0.00%. Overall, Ichor Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ichor Holdings' ROIC % compare to COHU and AEHR?
Ichor Holdings' ROIC % of 0.00% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Semiconductors company?
The median ROIC % among Semiconductors companies is 3.74, based on 1,012 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Ichor Holdings and its competitors. For the Semiconductors industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichor Holdings's current ROIC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ichor Holdings (ICHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.09, compared to a current price of $94.00 — trading 202.3% above its estimated fair value. The current ROIC % is 0.00%. Ichor Holdings' overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Ichor Holdings (ICHR), the current ROIC % is 0.00% 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 Ichor Holdings (ICHR) Overvalued in 2026?

Based on GuruFocus' analysis, Ichor Holdings stock appears to be overvalued. The current stock price of $94.00 is trading 202.3% above its estimated GF Value™ of $31.09. GuruFocus considers Ichor Holdings to be Significantly Overvalued.

Key valuation signals for ICHR:

  • ROIC %: 0.00%
  • GF Value™: $31.09 vs. price of $94.00 (202.3% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Ichor Holdings Business Description

Other Exchanges 0Z0F:UK4IH:Germany
Address 3185 Laurelview Court, Fremont, CA, USA, 94538
Ichor Holdings Ltd designs, engineers, and manufactures critical fluid delivery subsystems and components mainly for semiconductor capital equipment, along with solutions for defense/aerospace and medical industries. Its product portfolio includes gas and chemical delivery subsystems that enable precise delivery, monitoring, and control of specialized gases and reactive liquid chemistries used in semiconductor manufacturing processes such as etch, electroplating, and cleaning. The company also provides precision-machined components, weldments, e-beam and laser-welded components, as well as precision vacuum and hydrogen brazing. Geographically, the company operates across the United States, Singapore, Europe, and other regions, with Singapore contributing the majority of revenue.
60GF Score

Get the complete analysis for ICHR

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

$94.00
Price
$31.09
GF Value