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EZGO TechnologiesEZGO -8.42%24 3-Year ROIIC % is 15.46 as of Sep. 2025. GuruFocus rates EZGO with a GF Score™ of 24/100. The stock has 6 warning signs investors should review. Among 1,252 Vehicles & Parts companies, EZGO Technologies ranks better than 67.09% 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.
EZGO Technologies's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 15.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for EZGO Technologies's 3-Year ROIIC % or its related term are showing as below:
EZGO's 3-Year ROIIC % is ranked better than 67.09% of 1252
companies
in the Vehicles & Parts industry
Industry Median: 4.24
vs EZGO: 15.46
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.
EZGO Technologies 3-Year ROIIC % Related Terms
EZGO Technologies 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for EZGO Technologies'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.
EZGO vs MCOM, VMAR, VEEE: 3-Year ROIIC % Comparison
For the Recreational Vehicles subindustry, EZGO Technologies'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.
EZGO Technologies 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, EZGO Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where EZGO Technologies's 3-Year ROIIC % falls into.
EZGO Technologies's 3-Year ROIIC % for the quarter that ended in Sep. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -1.954 (Sep. 2025) - -6.463 (Sep. 2022) )
/
( 62.025 (Sep. 2025) - 32.862 (Sep. 2022) )
=
4.509
/
29.163
=
15.46%***
* 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.
EZGO Technologies (EZGO) has a 3-Year ROIIC % of 15.46 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on EZGO Technologies and its competitors. According to the industry distribution chart, EZGO Technologies ranks #412 out of 1252 companies in the Vehicles & Parts industry, placing it in the top 32.9%.
Is EZGO Technologies' 3-Year ROIIC % too high?
EZGO Technologies' current 3-Year ROIIC % is 15.46. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. EZGO Technologies' value of 15.46 is 264.6% above this industry median. Based on the distribution chart, EZGO Technologies ranks #412 out of 1252 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, EZGO Technologies has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does EZGO Technologies' 3-Year ROIIC % compare to MCOM and VMAR?
According to the Vehicles & Parts industry distribution chart, EZGO Technologies ranks #412 out of 1252 companies for 3-Year ROIIC %. This puts EZGO Technologies in the upper half of its industry. The industry median 3-Year ROIIC % is 4.24. EZGO Technologies' value of 15.46 is 264.6% above this benchmark. 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 Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,252 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. EZGO Technologies's current 3-Year ROIIC % of 15.46 is 264.6% 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 EZGO Technologies and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EZGO Technologies's current 3-Year ROIIC % is 15.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZGO Technologies stock overvalued right now?
EZGO Technologies (EZGO) has a current 3-Year ROIIC % of 15.46. The current 3-Year ROIIC % is 15.46 and 264.6% above the Vehicles & Parts industry median of 4.24. EZGO Technologies' overall GF Score™ is 24/100 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 EZGO Technologies (EZGO), the current 3-Year ROIIC % is 15.46 as of Sep. 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.
AddressChangzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, Intelligent unmanned patrol car, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs, electronic control system and intelligent robot segment. and the E-bicycle sales segment. The company generates maximum revenue from the Battery cells and packs segment.
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