3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Audinate Group's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was -17.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Audinate Group's 3-Year ROIIC % or its related term are showing as below:
ASX:AD8's 3-Year ROIIC % is ranked worse than 72.42% of 2371
companies
in the Hardware industry
Industry Median: 2.33
vs ASX:AD8: -17.08
Audinate Group (ASX:AD8) 3-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.
Audinate Group 3-Year ROIIC % Related Terms
Audinate Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Audinate Group's 3-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.
For the Electronic Components subindustry, Audinate Group's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Audinate Group 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Audinate Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Audinate Group's 3-Year ROIIC % falls into.
Audinate Group's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -8.8210035 (Jun. 2025) - -4.362 (Jun. 2022) )
/
( 68.388 (Jun. 2025) - 42.274 (Jun. 2022) )
=
-4.4590035
/
26.114
=
-17.08%***
* 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 3-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.
Audinate Group (ASX:AD8) has a 3-Year ROIIC % of -17.08 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Audinate Group and its competitors. According to the industry distribution chart, Audinate Group ranks #1717 out of 2371 companies in the Hardware industry, placing it in the top 72.4%.
Is Audinate Group's 3-Year ROIIC % too high?
Audinate Group's current 3-Year ROIIC % is -17.08. Based on the distribution chart, Audinate Group ranks #1717 out of 2371 companies in the Hardware industry, which is below the industry midpoint. Overall, Audinate Group has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Audinate Group's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Audinate Group ranks #1717 out of 2371 companies for 3-Year ROIIC %. This places Audinate Group in the lower half of its industry. The industry median 3-Year ROIIC % is 2.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.33, based on 2,371 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Audinate Group and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Audinate Group's current 3-Year ROIIC % is -17.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Audinate Group stock overvalued right now?
Based on GuruFocus' analysis, Audinate Group (ASX:AD8) is currently considered Significantly Undervalued. The stock's GF Value™ is A$7.82, compared to a current price of A$2.29 — trading 70.7% below its estimated fair value. The current 3-Year ROIIC % is -17.08. Audinate Group's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Audinate Group (ASX:AD8), the current 3-Year ROIIC % is -17.08 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 Audinate Group (ASX:AD8) Overvalued in 2026?
Based on GuruFocus' analysis, Audinate Group stock appears to be undervalued.
The current stock price of A$2.29 is trading 70.7% below its estimated GF Value™ of A$7.82.
GuruFocus considers Audinate Group to be Significantly Undervalued.
Key valuation signals for ASX:AD8:
3-Year ROIIC %: -17.08
GF Value™: A$7.82 vs. price of A$2.29 (70.7% below fair value)
No single metric tells the full story. See the ASX:AD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Audinate is a founder-led networking technology company for the professional AV industry. Audinate's Dante protocol is the world's most widely used protocol for digital audio networking. Over 500 OEM brands license the Dante protocol for around 5,000 products.
71GF Score
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