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What is Espey Manufacturing & Electronics 3-Year ROIIC %?
Espey Manufacturing & ElectronicsESP +1.23%76 3-Year ROIIC % is 88.60 as of Jun. 2025, which is 128% above its 10-year median of 38.79. GuruFocus rates ESP with a GF Score™ of 76/100 and a GF Value™ of $28.44 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,932 Industrial Products companies, Espey Manufacturing & Electronics ranks better than 92.26% 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.
Espey Manufacturing & Electronics's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 88.60%. 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.
Espey Manufacturing & Electronics 3-Year ROIIC % Related Terms
Espey Manufacturing & Electronics 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.
For the Electrical Equipment & Parts subindustry, Espey Manufacturing & Electronics'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.
Espey Manufacturing & Electronics 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Espey Manufacturing & Electronics's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Espey Manufacturing & Electronics's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 6.802299 (Jun. 2025) - 1.2141789 (Jun. 2022) )
/
( 30.156 (Jun. 2025) - 23.849 (Jun. 2022) )
=
5.5881201
/
6.307
=
88.60%***
* 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.
Espey Manufacturing & Electronics (ESP) has a 3-Year ROIIC % of 88.60 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 Espey Manufacturing & Electronics and its competitors. This is 128% above median its historical median of 38.79. According to the industry distribution chart, Espey Manufacturing & Electronics ranks #227 out of 2932 companies in the Industrial Products industry, placing it in the top 7.7%.
Is Espey Manufacturing & Electronics' 3-Year ROIIC % too high?
Espey Manufacturing & Electronics' current 3-Year ROIIC % of 88.60 is 128% above median its 10-year median of 38.79. The Industrial Products industry median 3-Year ROIIC % is 3.45. Espey Manufacturing & Electronics' value of 88.60 is 2468.1% above this industry median. Based on the distribution chart, Espey Manufacturing & Electronics ranks #227 out of 2932 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Espey Manufacturing & Electronics has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Espey Manufacturing & Electronics' 3-Year ROIIC % compare to SKYX and EAF?
According to the Industrial Products industry distribution chart, Espey Manufacturing & Electronics ranks #227 out of 2932 companies for 3-Year ROIIC %. This places Espey Manufacturing & Electronics in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.45. Espey Manufacturing & Electronics' value of 88.60 is 2468.1% above this benchmark. While the company's 10-year median is 38.79 vs. the industry median of 3.45, Espey Manufacturing & Electronics 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 3.45, based on 2,932 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. Espey Manufacturing & Electronics's current 3-Year ROIIC % of 88.60 is 2468.1% 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 Espey Manufacturing & Electronics and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espey Manufacturing & Electronics's current 3-Year ROIIC % is 88.60, which is 128% above median its own 10-year median of 38.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espey Manufacturing & Electronics stock overvalued right now?
Based on GuruFocus' analysis, Espey Manufacturing & Electronics (ESP) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.44, compared to a current price of $61.89 — trading 117.6% above its estimated fair value. The current 3-Year ROIIC % is 88.60, which is 128% above median its 10-year median of 38.79 and 2468.1% above the Industrial Products industry median of 3.45. Espey Manufacturing & Electronics' overall GF Score™ is 76/100 with 2 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 Espey Manufacturing & Electronics (ESP), the current 3-Year ROIIC % is 88.60 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 Espey Manufacturing & Electronics (ESP) Overvalued in 2026?
Based on GuruFocus' analysis, Espey Manufacturing & Electronics stock appears to be overvalued.
The current stock price of $61.89 is trading 117.6% above its estimated GF Value™ of $28.44.
GuruFocus considers Espey Manufacturing & Electronics to be Significantly Overvalued.
Key valuation signals for ESP:
3-Year ROIIC %: 88.60 (128% above median its 10-year median of 38.79)
GF Value™: $28.44 vs. price of $61.89 (117.6% above fair value)
Industry Position: 2468.1% above the Industrial Products median (#227 of 2932)
No single metric tells the full story. See the ESP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Espey Manufacturing & Electronics Corp is a power electronics design and OEM manufacturing company delivering products for military and severe environment applications. Its products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power. Espey services include design and development to specification, build to specifications provided by the customer, build to print, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment.
76GF Score
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