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Amtech SystemsFRA:AS3 +0.76%55 3-Year ROIIC % is 69.82 as of Sep. 2025, which is 350% above its 10-year median of 15.50. GuruFocus rates FRA:AS3 with a GF Score™ of 55/100 and a GF Value™ of €3.85 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 995 Semiconductors companies, Amtech Systems ranks better than 85.33% 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.
Amtech Systems's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 69.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Amtech Systems's 3-Year ROIIC % or its related term are showing as below:
FRA:AS3's 3-Year ROIIC % is ranked better than 85.33% of 995
companies
in the Semiconductors industry
Industry Median: -0.18
vs FRA:AS3: 69.82
Amtech Systems (FRA:AS3) 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.
Amtech Systems 3-Year ROIIC % Related Terms
Amtech Systems 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Amtech Systems'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.
FRA:AS3 vs ATOM, INTT, TRT: 3-Year ROIIC % Comparison
For the Semiconductor Equipment & Materials subindustry, Amtech Systems'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.
Amtech Systems 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Amtech Systems's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Amtech Systems's 3-Year ROIIC % falls into.
Amtech Systems'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**
=
( -3.934 (Sep. 2025) - 4.5013905 (Sep. 2022) )
/
( 55.028 (Sep. 2025) - 78.357 (Sep. 2022) )
=
-8.4353905
/
-23.329
=
36.16%***
* 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.
Amtech Systems (FRA:AS3) has a 3-Year ROIIC % of 69.82 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 Amtech Systems and its competitors. This is 350% above median its historical median of 15.50. According to the industry distribution chart, Amtech Systems ranks #146 out of 995 companies in the Semiconductors industry, placing it in the top 14.7%.
Is Amtech Systems' 3-Year ROIIC % too high?
Amtech Systems' current 3-Year ROIIC % of 69.82 is 350% above median its 10-year median of 15.50. Based on the distribution chart, Amtech Systems ranks #146 out of 995 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Amtech Systems has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amtech Systems' 3-Year ROIIC % compare to ATOM and INTT?
According to the Semiconductors industry distribution chart, Amtech Systems ranks #146 out of 995 companies for 3-Year ROIIC %. This places Amtech Systems in the top 15% of its industry — outperforming the majority of peers. 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 Amtech Systems and its competitors. Amtech Systems's current 3-Year ROIIC % is 69.82, which is 350% above median its own 10-year median of 15.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amtech Systems stock overvalued right now?
Based on GuruFocus' analysis, Amtech Systems (FRA:AS3) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.85, compared to a current price of €13.20 — trading 242.9% above its estimated fair value. The current 3-Year ROIIC % is 69.82, which is 350% above median its 10-year median of 15.50. Amtech Systems' overall GF Score™ is 55/100 with 5 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 Amtech Systems (FRA:AS3), the current 3-Year ROIIC % is 69.82 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.
Is Amtech Systems (FRA:AS3) Overvalued in 2026?
Based on GuruFocus' analysis, Amtech Systems stock appears to be overvalued.
The current stock price of €13.20 is trading 242.9% above its estimated GF Value™ of €3.85.
GuruFocus considers Amtech Systems to be Significantly Overvalued.
Key valuation signals for FRA:AS3:
3-Year ROIIC %: 69.82 (350% above median its 10-year median of 15.50)
GF Value™: €3.85 vs. price of €13.20 (242.9% above fair value)
No single metric tells the full story. See the FRA:AS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amtech Systems Inc provides equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication. Its products are used to fabricate and package GPUs for AI applications, SiC and Si power devices, and other optical, analog and digital devices, and are sold to semiconductor packaging, electronic assembly and device fabrication companies. It operates through two segments: Thermal Processing Solutions, which includes conveyorized reflow equipment, high-temperature conveyorized furnaces and diffusion furnaces with maximum revenue; and Semiconductor Fabrication Solutions, which includes consumables, equipment and services for wafer polishing, dicing and cleaning. The majority of revenue is derived from the United States.
55GF Score
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