Change Financial (ASX:CCA) 3-Year ROIIC % : 78.97% (As of Jun. 2025) — 961% Above Median


What is Change Financial 3-Year ROIIC %?

Change Financial ASX:CCA 3-Year ROIIC % is 78.97 as of Jun. 2025, which is 961% above its 10-year median of 7.44. The stock has 2 warning signs investors should review. Among 2,621 Software companies, Change Financial ranks better than 86.49% on this metric.

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. Change Financial's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 78.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Change Financial's 3-Year ROIIC % or its related term are showing as below:

ASX:CCA's 3-Year ROIIC % is ranked better than
86.49% of 2621 companies
in the Software industry
Industry Median: 5.24 vs ASX:CCA: 78.97

Change Financial  (ASX:CCA) 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.

Change Financial 3-Year ROIIC % Related Terms

Change Financial 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Change Financial'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.

Change Financial 3-Year ROIIC % Chart

Change Financial Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -583.92 12.23 7.44 6.86 78.97

Change Financial Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
3-Year ROIIC % 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 0.00 6.86 0.00 78.97 0.00

ASX:CCA vs IBM, ACN, FISV: 3-Year ROIIC % Comparison

For the Information Technology Services subindustry, Change Financial'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.

Change Financial 3-Year ROIIC % vs Software Industry

For the Software industry and Technology sector, Change Financial's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Change Financial's 3-Year ROIIC % falls into.


Change Financial 3-Year ROIIC % Calculation

Change Financial'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**
=( -1.411641 (Jun. 2025) - -5.365 (Jun. 2022) )/( 20.664 (Jun. 2025) - 15.658 (Jun. 2022) )
=3.953359/5.006
=78.97%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 78.97 mean?
Change Financial (ASX:CCA) has a 3-Year ROIIC % of 78.97 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 Change Financial and its competitors. This is 961% above median its historical median of 7.44. According to the industry distribution chart, Change Financial ranks #354 out of 2621 companies in the Software industry, placing it in the top 13.5%.
Is Change Financial's 3-Year ROIIC % too high?
Change Financial's current 3-Year ROIIC % of 78.97 is 961% above median its 10-year median of 7.44. The Software industry median 3-Year ROIIC % is 5.24. Change Financial's value of 78.97 is 1407.1% above this industry median. Based on the distribution chart, Change Financial ranks #354 out of 2621 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Change Financial's 3-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, Change Financial ranks #354 out of 2621 companies for 3-Year ROIIC %. This places Change Financial in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.24. Change Financial's value of 78.97 is 1407.1% above this benchmark. While the company's 10-year median is 7.44 vs. the industry median of 5.24, Change Financial has consistently been above the industry average. 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 Software company?
The median 3-Year ROIIC % among Software companies is 5.24, based on 2,621 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. Change Financial's current 3-Year ROIIC % of 78.97 is 1407.1% 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 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 Change Financial and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Change Financial's current 3-Year ROIIC % is 78.97, which is 961% above median its own 10-year median of 7.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Change Financial stock overvalued right now?
Based on GuruFocus' analysis, Change Financial (ASX:CCA) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.09, compared to a current price of A$0.07 — trading 17.8% below its estimated fair value. The current 3-Year ROIIC % is 78.97, which is 961% above median its 10-year median of 7.44 and 1407.1% above the Software industry median of 5.24. 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 Change Financial (ASX:CCA), the current 3-Year ROIIC % is 78.97 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.

Change Financial Business Description

Address 340 Adelaide Street, Suite 3E, Level 3, Brisbane, QLD, AUS, 4000
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment, that is the development and provision of card payment software and services. The company serves business and financial institutions.