Kalray (FRA:3FS) 3-Year ROIIC % : -59.75% (As of Dec. 2025)


FRA:3FS Kalray SA FRA:3FS
53 GF Score
Price €8.92
GF Value €3.40
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Kalray 3-Year ROIIC %?

Kalray FRA:3FS +3.00% 53 3-Year ROIIC % is -59.75 as of Dec. 2025. GuruFocus rates FRA:3FS with a GF Score™ of 53/100 and a GF Value™ of €3.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 997 Semiconductors companies, Kalray ranks worse than 85.26% 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. Kalray's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -59.75%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:3FS's 3-Year ROIIC % is ranked worse than
85.26% of 997 companies
in the Semiconductors industry
Industry Median: -0.2 vs FRA:3FS: -59.75

Kalray  (FRA:3FS) 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.


Kalray 3-Year ROIIC % Related Terms


Kalray 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Kalray'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.

Kalray 3-Year ROIIC % Chart

Kalray 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 -109.28 -17.20 -0.02 -20.78 -59.75

Kalray Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -0.02 0.00 -20.78 0.00 -59.75

FRA:3FS vs NVDA, AVGO, MU: 3-Year ROIIC % Comparison

For the Semiconductors subindustry, Kalray'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.


Kalray 3-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kalray's 3-Year ROIIC % distribution charts can be found below:

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


FRA:3FS
53GF Score
Kalray SA FRA:3FS
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kalray 3-Year ROIIC % Calculation

Kalray'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**
=( -5.2122179 (Dec. 2025) - -15.51928 (Dec. 2022) )/( 45.093 (Dec. 2025) - 62.344 (Dec. 2022) )
=10.3070621/-17.251
=-59.75%***

* 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 -59.75 mean?
Kalray (FRA:3FS) has a 3-Year ROIIC % of -59.75 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 Kalray and its competitors. According to the industry distribution chart, Kalray ranks #850 out of 997 companies in the Semiconductors industry, placing it in the top 85.3%.
Is Kalray's 3-Year ROIIC % too high?
Kalray's current 3-Year ROIIC % is -59.75. Based on the distribution chart, Kalray ranks #850 out of 997 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Kalray has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kalray's 3-Year ROIIC % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Kalray ranks #850 out of 997 companies for 3-Year ROIIC %. This places Kalray in the lower half of its industry. 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 Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. 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 Kalray and its competitors. Kalray's current 3-Year ROIIC % is -59.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalray stock overvalued right now?
Based on GuruFocus' analysis, Kalray (FRA:3FS) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.40, compared to a current price of €8.92 — trading 162.4% above its estimated fair value. The current 3-Year ROIIC % is -59.75. Kalray's overall GF Score™ is 53/100 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 Kalray (FRA:3FS), the current 3-Year ROIIC % is -59.75 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 Kalray (FRA:3FS) Overvalued in 2026?

Based on GuruFocus' analysis, Kalray stock appears to be overvalued. The current stock price of €8.92 is trading 162.4% above its estimated GF Value™ of €3.40. GuruFocus considers Kalray to be Significantly Overvalued.

Key valuation signals for FRA:3FS:

  • 3-Year ROIIC %: -59.75
  • GF Value™: €3.40 vs. price of €8.92 (162.4% above fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the FRA:3FS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kalray Business Description

Address 180 Avenue de l’Europe, Montbonnot, Saint Martin, FRA, 38330
Kalray SA is engaged in developing large-scale core processor solutions that offer high performance, low power consumption and real-time processing. Its MPPA processor family, based on its patented supercomputing on a chip many-core technology, delivers differentiated solutions for server acceleration and data center optimization, as well as for critical embedded applications in aerospace, defense and automotive.
53GF Score

Get the complete analysis for FRA:3FS

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

€8.92
Price
€3.40
GF Value