GrafTech InternationalEAF -5.96%52 3-Year ROIIC % is 93.42 as of Dec. 2025, which is 46% below its 10-year median of 171.44. GuruFocus rates EAF with a GF Score™ of 52/100 and a GF Value™ of $13.34 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,936 Industrial Products companies, GrafTech International ranks better than 92.64% 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.
GrafTech International's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 93.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for GrafTech International's 3-Year ROIIC % or its related term are showing as below:
EAF's 3-Year ROIIC % is ranked better than 92.64% of 2936
companies
in the Industrial Products industry
Industry Median: 3.425
vs EAF: 93.42
GrafTech International (NYSE:EAF) 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.
GrafTech International 3-Year ROIIC % Related Terms
GrafTech International 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for GrafTech International'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 Electrical Equipment & Parts subindustry, GrafTech International'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.
GrafTech International 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, GrafTech International's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where GrafTech International's 3-Year ROIIC % falls into.
GrafTech International'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**
=
( -77.066 (Dec. 2025) - 401.5550953 (Dec. 2022) )
/
( 802.683 (Dec. 2025) - 1314.99 (Dec. 2022) )
=
-478.6210953
/
-512.307
=
93.42%***
* 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.
GrafTech International (EAF) has a 3-Year ROIIC % of 93.42 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 GrafTech International and its competitors. This is 46% below median its historical median of 171.44. According to the industry distribution chart, GrafTech International ranks #216 out of 2936 companies in the Industrial Products industry, placing it in the top 7.4%.
Is GrafTech International's 3-Year ROIIC % too high?
GrafTech International's current 3-Year ROIIC % of 93.42 is 46% below median its 10-year median of 171.44. The Industrial Products industry median 3-Year ROIIC % is 3.43. GrafTech International's value of 93.42 is 2627.6% above this industry median. Based on the distribution chart, GrafTech International ranks #216 out of 2936 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, GrafTech International has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GrafTech International's 3-Year ROIIC % compare to ESP and TGEN?
According to the Industrial Products industry distribution chart, GrafTech International ranks #216 out of 2936 companies for 3-Year ROIIC %. This places GrafTech International in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.43. GrafTech International's value of 93.42 is 2627.6% above this benchmark. While the company's 10-year median is 171.44 vs. the industry median of 3.43, GrafTech International 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.43, based on 2,936 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. GrafTech International's current 3-Year ROIIC % of 93.42 is 2627.6% 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 GrafTech International and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GrafTech International's current 3-Year ROIIC % is 93.42, which is 46% below median its own 10-year median of 171.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GrafTech International stock overvalued right now?
Based on GuruFocus' analysis, GrafTech International (EAF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.34, compared to a current price of $5.68 — trading 57.4% below its estimated fair value. The current 3-Year ROIIC % is 93.42, which is 46% below median its 10-year median of 171.44 and 2627.6% above the Industrial Products industry median of 3.43. GrafTech International's overall GF Score™ is 52/100 with 4 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 GrafTech International (EAF), the current 3-Year ROIIC % is 93.42 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 GrafTech International (EAF) Overvalued in 2026?
Based on GuruFocus' analysis, GrafTech International stock appears to be undervalued.
The current stock price of $5.68 is trading 57.4% below its estimated GF Value™ of $13.34.
GuruFocus considers GrafTech International to be Possible Value Trap.
Key valuation signals for EAF:
3-Year ROIIC %: 93.42 (46% below median its 10-year median of 171.44)
GF Value™: $13.34 vs. price of $5.68 (57.4% below fair value)
Industry Position: 2627.6% above the Industrial Products median (#216 of 2936)
No single metric tells the full story. See the EAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GrafTech International Ltd is a manufacturer of high-quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals. The company has only reportable segment, Industrial Materials, is comprised of its two product categories: graphite electrodes and petroleum needle coke products used as raw material in the production of graphite electrodes.
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