FIRRF (First Tractor Co) 3-Year ROIIC % : -8.12% (As of Dec. 2025)


FIRRF First Tractor Co Ltd FIRRF
83 GF Score
Price $0.95
GF Value $1.04
! 7 Warning Signs
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What is First Tractor Co 3-Year ROIIC %?

First Tractor Co FIRRF 83 3-Year ROIIC % is -8.12 as of Dec. 2025. GuruFocus rates FIRRF with a GF Score™ of 83/100 and a GF Value™ of $1.04. The stock has 7 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, First Tractor Co ranks worse than 68.32% 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. First Tractor Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -8.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for First Tractor Co's 3-Year ROIIC % or its related term are showing as below:

FIRRF's 3-Year ROIIC % is ranked worse than
68.32% of 202 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.97 vs FIRRF: -8.12

First Tractor Co  (OTCPK:FIRRF) 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.


First Tractor Co 3-Year ROIIC % Related Terms


First Tractor Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for First Tractor Co'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.

First Tractor Co 3-Year ROIIC % Chart

First Tractor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -75.22 -74.40 447.56 13.03 -8.12

First Tractor Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 13.03 0.00 0.00 -8.12

FIRRF vs CAT, DE, PCAR: 3-Year ROIIC % Comparison

For the Farm & Heavy Construction Machinery subindustry, First Tractor Co'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.


First Tractor Co 3-Year ROIIC % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where First Tractor Co's 3-Year ROIIC % falls into.


FIRRF
83GF Score
First Tractor Co Ltd FIRRF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Tractor Co 3-Year ROIIC % Calculation

First Tractor Co'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**
=( 95.270224 (Dec. 2025) - 116.273 (Dec. 2022) )/( 1491.091 (Dec. 2025) - 1230.964 (Dec. 2022) )
=-21.002776/260.127
=-8.07%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -8.12 mean?
First Tractor Co (FIRRF) has a 3-Year ROIIC % of -8.12 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 First Tractor Co and its competitors. According to the industry distribution chart, First Tractor Co ranks #138 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 68.3%.
Is First Tractor Co's 3-Year ROIIC % too high?
First Tractor Co's current 3-Year ROIIC % is -8.12. Based on the distribution chart, First Tractor Co ranks #138 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, First Tractor Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does First Tractor Co's 3-Year ROIIC % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, First Tractor Co ranks #138 out of 202 companies for 3-Year ROIIC %. This places First Tractor Co in the lower half of its industry. The industry median 3-Year ROIIC % is 1.97. 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 Farm & Heavy Construction Machinery company?
The median 3-Year ROIIC % among Farm & Heavy Construction Machinery companies is 1.97, based on 202 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 First Tractor Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median 3-Year ROIIC % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Tractor Co's current 3-Year ROIIC % is -8.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Tractor Co stock overvalued right now?
First Tractor Co (FIRRF) has a current 3-Year ROIIC % of -8.12. The stock's GF Value™ is $1.04, compared to a current price of $0.95 — trading 9% below its estimated fair value. The current 3-Year ROIIC % is -8.12. First Tractor Co's overall GF Score™ is 83/100 with 7 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 First Tractor Co (FIRRF), the current 3-Year ROIIC % is -8.12 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 First Tractor Co (FIRRF) Overvalued in 2026?

Based on GuruFocus' analysis, First Tractor Co stock appears to be undervalued. The current stock price of $0.95 is trading 9% below its estimated GF Value™ of $1.04.

Key valuation signals for FIRRF:

  • 3-Year ROIIC %: -8.12
  • GF Value™: $1.04 vs. price of $0.95 (9% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the FIRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Tractor Co Business Description

Address No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004
First Tractor Co Ltd is an agricultural machinery and equipment manufacturing service provider in China. The company focuses on the R&D and manufacturing of medium and largesized tractors and their core components, accelerating the product upgrades towards high-end, intelligent and green technologies. The company has two reportable segments: agricultural machinery segment and power machinery segment. The agricultural machinery segment is responsible for the production and sales of agricultural tractors and harvesters. The power machinery segment is mainly responsible for the production and sales of diesel engines. The majority of the company's revenue is derived from the Agricultural machinery segment.
83GF Score

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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.95
Price
$1.04
GF Value