IPHASX:IPH +0.78%87 10-Year ROIIC % is 6.25 as of Jun. 2025. GuruFocus rates ASX:IPH with a GF Score™ of 87/100 and a GF Value™ of A$7.14 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 841 Business Services companies, IPH ranks better than 53.86% on this metric.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
IPH's 10-Year ROIIC % for the quarter that ended in Jun. 2025 was 6.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for IPH's 10-Year ROIIC % or its related term are showing as below:
ASX:IPH's 10-Year ROIIC % is ranked better than 53.86% of 841
companies
in the Business Services industry
Industry Median: 4.67
vs ASX:IPH: 6.25
IPH (ASX:IPH) 10-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.
IPH 10-Year ROIIC % Related Terms
IPH 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for IPH's 10-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.
ASX:IPH vs CTAS, CPRT, ULS: 10-Year ROIIC % Comparison
For the Specialty Business Services subindustry, IPH's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
IPH 10-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, IPH's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where IPH's 10-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 10-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.
IPH (ASX:IPH) has a 10-Year ROIIC % of 6.25 as of Jun. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on IPH and its competitors. According to the industry distribution chart, IPH ranks #388 out of 841 companies in the Business Services industry, placing it in the top 46.1%.
Is IPH's 10-Year ROIIC % too high?
IPH's current 10-Year ROIIC % is 6.25. The Business Services industry median 10-Year ROIIC % is 4.67. IPH's value of 6.25 is 33.8% above this industry median. Based on the distribution chart, IPH ranks #388 out of 841 companies in the Business Services industry, which is above the industry midpoint. Overall, IPH has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IPH's 10-Year ROIIC % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, IPH ranks #388 out of 841 companies for 10-Year ROIIC %. This puts IPH in the upper half of its industry. The industry median 10-Year ROIIC % is 4.67. IPH's value of 6.25 is 33.8% 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 10-Year ROIIC % for a Business Services company?
The median 10-Year ROIIC % among Business Services companies is 4.67, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IPH's current 10-Year ROIIC % of 6.25 is 33.8% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on IPH and its competitors. For the Business Services industry, the median 10-Year ROIIC % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPH's current 10-Year ROIIC % is 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPH stock overvalued right now?
Based on GuruFocus' analysis, IPH (ASX:IPH) is currently considered Significantly Undervalued. The stock's GF Value™ is A$7.14, compared to a current price of A$3.90 — trading 45.4% below its estimated fair value. The current 10-Year ROIIC % is 6.25 and 33.8% above the Business Services industry median of 4.67. IPH's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For IPH (ASX:IPH), the current 10-Year ROIIC % is 6.25 as of Jun. 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 IPH (ASX:IPH) Overvalued in 2026?
Based on GuruFocus' analysis, IPH stock appears to be undervalued.
The current stock price of A$3.90 is trading 45.4% below its estimated GF Value™ of A$7.14.
GuruFocus considers IPH to be Significantly Undervalued.
Key valuation signals for ASX:IPH:
10-Year ROIIC %: 6.25
GF Value™: A$7.14 vs. price of A$3.90 (45.4% below fair value)
Industry Position: 33.8% above the Business Services median (#388 of 841)
No single metric tells the full story. See the ASX:IPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPH provides intellectual property services through its subsidiaries: Spruson and Ferguson, Smart & Biggar, Robic, Pizzeys, Griffith Hack, Applied Marks, and AJ Park. These services include patent filing, prosecution, enforcement, management, design, trademarks, and more. The company's diverse client base comprises multinationals, public-sector research organizations, and local businesses across industries such as healthcare, finance, engineering, and technology. Revenue streams mainly consist of professional fees (fixed) and volume-based fees (linked to the quantity of work performed). About 70% of revenue is derived from pre-existing work in the system, while 30% comes from new patent applications.
87GF Score
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