Matrix Composites & EngineeringASX:MCE 39 3-Year ROIIC % is 6.72 as of Jun. 2025, which is 56% below its 10-year median of 15.22. GuruFocus rates ASX:MCE with a GF Score™ of 39/100 and a GF Value™ of A$0.38 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,680 Construction companies, Matrix Composites & Engineering ranks better than 54.52% 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.
Matrix Composites & Engineering's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 6.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Matrix Composites & Engineering 3-Year ROIIC % Related Terms
Matrix Composites & Engineering 3-Year ROIIC % Historical Data
* 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:MCE vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Matrix Composites & Engineering'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.
Matrix Composites & Engineering 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Matrix Composites & Engineering's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Matrix Composites & Engineering's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -6.891 (Jun. 2025) - -8.8988166 (Jun. 2022) )
/
( 53.056 (Jun. 2025) - 23.191 (Jun. 2022) )
=
2.0078166
/
29.865
=
6.72%***
* 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.
Matrix Composites & Engineering (ASX:MCE) has a 3-Year ROIIC % of 6.72 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 Matrix Composites & Engineering and its competitors. This is 56% below median its historical median of 15.22. According to the industry distribution chart, Matrix Composites & Engineering ranks #764 out of 1680 companies in the Construction industry, placing it in the top 45.5%.
Is Matrix Composites & Engineering's 3-Year ROIIC % too high?
Matrix Composites & Engineering's current 3-Year ROIIC % of 6.72 is 56% below median its 10-year median of 15.22. The Construction industry median 3-Year ROIIC % is 4.64. Matrix Composites & Engineering's value of 6.72 is 44.8% above this industry median. Based on the distribution chart, Matrix Composites & Engineering ranks #764 out of 1680 companies in the Construction industry, which is above the industry midpoint. Overall, Matrix Composites & Engineering has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Matrix Composites & Engineering's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Matrix Composites & Engineering ranks #764 out of 1680 companies for 3-Year ROIIC %. This puts Matrix Composites & Engineering in the upper half of its industry. The industry median 3-Year ROIIC % is 4.64. Matrix Composites & Engineering's value of 6.72 is 44.8% above this benchmark. While the company's 10-year median is 15.22 vs. the industry median of 4.64, Matrix Composites & Engineering 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.64, based on 1,680 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. Matrix Composites & Engineering's current 3-Year ROIIC % of 6.72 is 44.8% 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 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 Matrix Composites & Engineering and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Composites & Engineering's current 3-Year ROIIC % is 6.72, which is 56% below median its own 10-year median of 15.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Composites & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Matrix Composites & Engineering (ASX:MCE) is currently considered Fairly Valued. The stock's GF Value™ is A$0.38, compared to a current price of A$0.40 — trading 3.9% above its estimated fair value. The current 3-Year ROIIC % is 6.72, which is 56% below median its 10-year median of 15.22 and 44.8% above the Construction industry median of 4.64. Matrix Composites & Engineering's overall GF Score™ is 39/100 with 10 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 Matrix Composites & Engineering (ASX:MCE), the current 3-Year ROIIC % is 6.72 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 Matrix Composites & Engineering (ASX:MCE) Overvalued in 2026?
Based on GuruFocus' analysis, Matrix Composites & Engineering stock appears to be overvalued.
The current stock price of A$0.40 is trading 3.9% above its estimated GF Value™ of A$0.38.
GuruFocus considers Matrix Composites & Engineering to be Fairly Valued.
Key valuation signals for ASX:MCE:
3-Year ROIIC %: 6.72 (56% below median its 10-year median of 15.22)
GF Value™: A$0.38 vs. price of A$0.40 (3.9% above fair value)
Industry Position: 44.8% above the Construction median (#764 of 1680)
No single metric tells the full story. See the ASX:MCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matrix Composites & Engineering Business Description
Matrix Composites & Engineering Ltd is a manufacturer of engineered products and services for the offshore oil and gas, civil and infrastructure, and defence industry. The group is also involved in the businesses of manufacturing and supplying capital drilling equipment, consisting of syntactic foam buoyancy; manufacturing and supply of subsea umbilical risers and flowline (SURF) ancillary equipment and associated services; and manufacturing and supply of well construction products, including centralizers and conductors. Its products consist of buoyancy systems, epoxy resin systems, energy absorption systems, reinforced thermoplastics, and others. Geographically, it derives maximum revenue from Brazil and rest from Australia, Japan, China, the United States of America, and other regions.
39GF Score
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