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TPG TelecomASX:TPG -0.57%62 3-Year ROIIC % is -2.59 as of Dec. 2025. GuruFocus rates ASX:TPG with a GF Score™ of 62/100 and a GF Value™ of A$4.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 351 Telecommunication Services companies, TPG Telecom ranks worse than 62.39% 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.
TPG Telecom's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -2.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TPG Telecom's 3-Year ROIIC % or its related term are showing as below:
ASX:TPG's 3-Year ROIIC % is ranked worse than 62.39% of 351
companies
in the Telecommunication Services industry
Industry Median: 1.7
vs ASX:TPG: -2.59
TPG Telecom (ASX:TPG) 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.
TPG Telecom 3-Year ROIIC % Related Terms
TPG Telecom 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for TPG Telecom'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 Telecom Services subindustry, TPG Telecom'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.
TPG Telecom 3-Year ROIIC % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TPG Telecom's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TPG Telecom's 3-Year ROIIC % falls into.
TPG Telecom's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 399 (Dec. 2025) - 282.6516 (Dec. 2022) )
/
( 14383 (Dec. 2025) - 18880 (Dec. 2022) )
=
116.3484
/
-4497
=
-2.59%***
* 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.
TPG Telecom (ASX:TPG) has a 3-Year ROIIC % of -2.59 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on TPG Telecom and its competitors. According to the industry distribution chart, TPG Telecom ranks #219 out of 351 companies in the Telecommunication Services industry, placing it in the top 62.4%.
Is TPG Telecom's 3-Year ROIIC % too high?
TPG Telecom's current 3-Year ROIIC % is -2.59. Based on the distribution chart, TPG Telecom ranks #219 out of 351 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, TPG Telecom has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPG Telecom's 3-Year ROIIC % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TPG Telecom ranks #219 out of 351 companies for 3-Year ROIIC %. This places TPG Telecom in the lower half of its industry. The industry median 3-Year ROIIC % is 1.70. 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 Telecommunication Services company?
The median 3-Year ROIIC % among Telecommunication Services companies is 1.70, based on 351 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 TPG Telecom and its competitors. For the Telecommunication Services industry, the median 3-Year ROIIC % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPG Telecom's current 3-Year ROIIC % is -2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG Telecom stock overvalued right now?
Based on GuruFocus' analysis, TPG Telecom (ASX:TPG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.52, compared to a current price of A$3.51 — trading 22.3% below its estimated fair value. The current 3-Year ROIIC % is -2.59. TPG Telecom's overall GF Score™ is 62/100 with 6 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 TPG Telecom (ASX:TPG), the current 3-Year ROIIC % is -2.59 as of Dec. 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 TPG Telecom (ASX:TPG) Overvalued in 2026?
Based on GuruFocus' analysis, TPG Telecom stock appears to be undervalued.
The current stock price of A$3.51 is trading 22.3% below its estimated GF Value™ of A$4.52.
GuruFocus considers TPG Telecom to be Modestly Undervalued.
Key valuation signals for ASX:TPG:
3-Year ROIIC %: -2.59
GF Value™: A$4.52 vs. price of A$3.51 (22.3% below fair value)
No single metric tells the full story. See the ASX:TPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPG Telecom is Australia's third-largest telecom services company. It offers mobile, fixed-line broadband and telephony solutions. The group's mobile business caters to all market segments spanning consumer, small business, corporate, wholesale, and government. TPG Telecom has grown substantially since listing on the ASX in 2008, via organic growth and acquisitions, and culminated with the July 2020 Vodafone Hutchison Australia merger, the third-ranked mobile network operator in Australia. It owns an extensive stable of infrastructure assets, including a nationwide mobile network that is upgrading to 5G wireless. In July 2025, TPG sold its fiber assets for AUD 5.3 billion to Vocus.
62GF Score
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