iCetana (ASX:ICE) 3-Year ROIIC % : 64.43% (As of Jun. 2025) — 40% Below Median


What is iCetana 3-Year ROIIC %?

iCetana ASX:ICE 3-Year ROIIC % is 64.43 as of Jun. 2025, which is 40% below its 10-year median of 107.68. The stock has 3 warning signs investors should review. Among 2,621 Software companies, iCetana ranks better than 84.09% 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. iCetana's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 64.43%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:ICE's 3-Year ROIIC % is ranked better than
84.09% of 2621 companies
in the Software industry
Industry Median: 5.24 vs ASX:ICE: 64.43

iCetana  (ASX:ICE) 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.


iCetana 3-Year ROIIC % Related Terms


iCetana 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for iCetana'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.

iCetana 3-Year ROIIC % Chart

iCetana Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 368.15 107.68 64.43

iCetana Semi-Annual Data
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 0.00 107.68 0.00 64.43 0.00

ASX:ICE vs UBER, SHOP, CRM: 3-Year ROIIC % Comparison

For the Software - Application subindustry, iCetana'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.


iCetana 3-Year ROIIC % vs Software Industry

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

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



iCetana 3-Year ROIIC % Calculation

iCetana'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**
=( -2.9147712 (Jun. 2025) - -3.1911684 (Jun. 2022) )/( 1.706 (Jun. 2025) - 1.277 (Jun. 2022) )
=0.2763972/0.429
=64.43%***

* 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 64.43 mean?
iCetana (ASX:ICE) has a 3-Year ROIIC % of 64.43 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 iCetana and its competitors. This is 40% below median its historical median of 107.68. Over the past decade, iCetana's 3-Year ROIIC % has ranged from 64.43 to 368.15. According to the industry distribution chart, iCetana ranks #417 out of 2621 companies in the Software industry, placing it in the top 15.9%.
Is iCetana's 3-Year ROIIC % too high?
iCetana's current 3-Year ROIIC % of 64.43 is 40% below median its 10-year median of 107.68. Over the past 10 years, this metric has ranged from a low of 64.43 to a high of 368.15. The Software industry median 3-Year ROIIC % is 5.24. iCetana's value of 64.43 is 1129.6% above this industry median. Based on the distribution chart, iCetana ranks #417 out of 2621 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does iCetana's 3-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, iCetana ranks #417 out of 2621 companies for 3-Year ROIIC %. This places iCetana in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.24. iCetana's value of 64.43 is 1129.6% above this benchmark. Historically, iCetana's own 3-Year ROIIC % has ranged from 64.43 to 368.15 over the past decade. While the company's 10-year median is 107.68 vs. the industry median of 5.24, iCetana 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. iCetana's current 3-Year ROIIC % of 64.43 is 1129.6% 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 iCetana 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. iCetana's current 3-Year ROIIC % is 64.43, which is 40% below median its own 10-year median of 107.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iCetana stock overvalued right now?
Based on GuruFocus' analysis, iCetana (ASX:ICE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.03 — trading 240% above its estimated fair value. The current 3-Year ROIIC % is 64.43, which is 40% below median its 10-year median of 107.68 and 1129.6% 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 iCetana (ASX:ICE), the current 3-Year ROIIC % is 64.43 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.

iCetana Business Description

Address 152 St Georges Terrace, Level 32, Perth, WA, AUS, 6000
iCetana Ltd develops and sells AI-assisted video surveillance software that uses machine learning technology to provide automatic real-time anomalous event detection. Its products include Safety and Security, Analytics, Forensic Quick Find, Facial Recognition, Licence Plate Recognition, and GPT Agents. The company operates through three segments: Asia Pacific (APAC), responsible for sales, marketing, and product development in Australia and the broader Asia Pacific region; North America (NA), managing sales and marketing in the United States and Canada; and Europe, Middle East & Africa (EMEA), handling sales and marketing efforts across Europe, the Middle East, and Africa. The majority of revenue comes from the Asia Pacific (APAC) segment.