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BoxlightBOXL +0.51%37 3-Year ROIIC % is 22.79 as of Dec. 2025, which is 591% above its 10-year median of 3.30. GuruFocus rates BOXL with a GF Score™ of 37/100 and a GF Value™ of $19.32 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,375 Hardware companies, Boxlight ranks better than 73.01% 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.
Boxlight's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 22.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Boxlight's 3-Year ROIIC % or its related term are showing as below:
BOXL's 3-Year ROIIC % is ranked better than 73.01% of 2375
companies
in the Hardware industry
Industry Median: 2.34
vs BOXL: 22.79
Boxlight (NAS:BOXL) 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.
Boxlight 3-Year ROIIC % Related Terms
Boxlight 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Boxlight'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.
BOXL vs WLDS, WTO, CAPC: 3-Year ROIIC % Comparison
For the Consumer Electronics subindustry, Boxlight'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.
Boxlight 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Boxlight's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Boxlight's 3-Year ROIIC % falls into.
Boxlight'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**
=
( -15.7648872 (Dec. 2025) - 3.049 (Dec. 2022) )
/
( 61.688 (Dec. 2025) - 144.238 (Dec. 2022) )
=
-18.8138872
/
-82.55
=
22.79%***
* 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.
Boxlight (BOXL) has a 3-Year ROIIC % of 22.79 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 Boxlight and its competitors. This is 591% above median its historical median of 3.30. According to the industry distribution chart, Boxlight ranks #641 out of 2375 companies in the Hardware industry, placing it in the top 27%.
Is Boxlight's 3-Year ROIIC % too high?
Boxlight's current 3-Year ROIIC % of 22.79 is 591% above median its 10-year median of 3.30. The Hardware industry median 3-Year ROIIC % is 2.34. Boxlight's value of 22.79 is 873.9% above this industry median. Based on the distribution chart, Boxlight ranks #641 out of 2375 companies in the Hardware industry, which is above the industry midpoint. Overall, Boxlight has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Boxlight's 3-Year ROIIC % compare to WLDS and WTO?
According to the Hardware industry distribution chart, Boxlight ranks #641 out of 2375 companies for 3-Year ROIIC %. This puts Boxlight in the upper half of its industry. The industry median 3-Year ROIIC % is 2.34. Boxlight's value of 22.79 is 873.9% above this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 2.34, Boxlight 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,375 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. Boxlight's current 3-Year ROIIC % of 22.79 is 873.9% 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 Boxlight and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxlight's current 3-Year ROIIC % is 22.79, which is 591% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxlight stock overvalued right now?
Based on GuruFocus' analysis, Boxlight (BOXL) is currently considered Possible Value Trap. The stock's GF Value™ is $19.32, compared to a current price of $3.93 — trading 79.7% below its estimated fair value. The current 3-Year ROIIC % is 22.79, which is 591% above median its 10-year median of 3.30 and 873.9% above the Hardware industry median of 2.34. Boxlight's overall GF Score™ is 37/100 with 5 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 Boxlight (BOXL), the current 3-Year ROIIC % is 22.79 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 Boxlight (BOXL) Overvalued in 2026?
Based on GuruFocus' analysis, Boxlight stock appears to be undervalued.
The current stock price of $3.93 is trading 79.7% below its estimated GF Value™ of $19.32.
GuruFocus considers Boxlight to be Possible Value Trap.
Key valuation signals for BOXL:
3-Year ROIIC %: 22.79 (591% above median its 10-year median of 3.30)
GF Value™: $19.32 vs. price of $3.93 (79.7% below fair value)
Industry Position: 873.9% above the Hardware median (#641 of 2375)
No single metric tells the full story. See the BOXL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boxlight Corp is a technology company that develops, sells, and services interactive solutions predominantly for the education market but also for the corporate and government sectors. The company currently designs, produces, and distributes interactive technologies, including interactive and non-interactive flat panel displays, LED video walls, media players, classroom audio and campus communication, cameras, and other peripherals for the education market and non-interactive solutions, including flat-panels, LED video walls, and digital signage for the enterprise market. It has three reportable segments - Europe, Middle East and Africa (EMEA), and North and Central America (Americas). The majority of revenue is derived from the sale of education technology products in the EMEA segment.
37GF Score
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