Gooch & HousegoFRA:GPL -4.55%79 3-Year ROIIC % is 6.71 as of Sep. 2025, which is 1098% above its 10-year median of 0.56. GuruFocus rates FRA:GPL with a GF Score™ of 79/100 and a GF Value™ of €7.34 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,371 Hardware companies, Gooch & Housego ranks better than 56.6% 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.
Gooch & Housego's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 6.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Gooch & Housego's 3-Year ROIIC % or its related term are showing as below:
FRA:GPL's 3-Year ROIIC % is ranked better than 56.6% of 2371
companies
in the Hardware industry
Industry Median: 2.33
vs FRA:GPL: 6.71
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.
Gooch & Housego 3-Year ROIIC % Related Terms
Gooch & Housego 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Gooch & Housego'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:GPL vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, Gooch & Housego'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.
Gooch & Housego 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Gooch & Housego's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Gooch & Housego's 3-Year ROIIC % falls into.
Gooch & Housego'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**
=
( 9.1086636 (Sep. 2025) - 7.0376118 (Sep. 2022) )
/
( 215.292 (Sep. 2025) - 183.922 (Sep. 2022) )
=
2.0710518
/
31.37
=
6.60%***
* 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.
Gooch & Housego (FRA:GPL) has a 3-Year ROIIC % of 6.71 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 Gooch & Housego and its competitors. This is 1098% above median its historical median of 0.56. According to the industry distribution chart, Gooch & Housego ranks #1029 out of 2371 companies in the Hardware industry, placing it in the top 43.4%.
Is Gooch & Housego's 3-Year ROIIC % too high?
Gooch & Housego's current 3-Year ROIIC % of 6.71 is 1098% above median its 10-year median of 0.56. The Hardware industry median 3-Year ROIIC % is 2.33. Gooch & Housego's value of 6.71 is 188% above this industry median. Based on the distribution chart, Gooch & Housego ranks #1029 out of 2371 companies in the Hardware industry, which is above the industry midpoint. Overall, Gooch & Housego has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gooch & Housego's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Gooch & Housego ranks #1029 out of 2371 companies for 3-Year ROIIC %. This puts Gooch & Housego in the upper half of its industry. The industry median 3-Year ROIIC % is 2.33. Gooch & Housego's value of 6.71 is 188% above this benchmark. While the company's 10-year median is 0.56 vs. the industry median of 2.33, Gooch & Housego 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 a Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.33, based on 2,371 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. Gooch & Housego's current 3-Year ROIIC % of 6.71 is 188% 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 Gooch & Housego and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gooch & Housego's current 3-Year ROIIC % is 6.71, which is 1098% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gooch & Housego stock overvalued right now?
Based on GuruFocus' analysis, Gooch & Housego (FRA:GPL) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.34, compared to a current price of €9.45 — trading 28.7% above its estimated fair value. The current 3-Year ROIIC % is 6.71, which is 1098% above median its 10-year median of 0.56 and 188% above the Hardware industry median of 2.33. Gooch & Housego's overall GF Score™ is 79/100 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 Gooch & Housego (FRA:GPL), the current 3-Year ROIIC % is 6.71 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 Gooch & Housego (FRA:GPL) Overvalued in 2026?
Based on GuruFocus' analysis, Gooch & Housego stock appears to be overvalued.
The current stock price of €9.45 is trading 28.7% above its estimated GF Value™ of €7.34.
GuruFocus considers Gooch & Housego to be Modestly Overvalued.
Key valuation signals for FRA:GPL:
3-Year ROIIC %: 6.71 (1098% above median its 10-year median of 0.56)
GF Value™: €7.34 vs. price of €9.45 (28.7% above fair value)
Industry Position: 188% above the Hardware median (#1029 of 2371)
No single metric tells the full story. See the FRA:GPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gooch & Housego PLC provides photonics technologies and solutions for industrial, aerospace and defence, life sciences, and scientific research applications. Its products include acousto-optic, electro optic and fibre optic components, precision optics, optical systems, and related photonic technologies used in mission critical applications. The company operates through the Industrial, Aerospace and Defence, and Life Sciences segments, with the Industrial segment generating the majority of revenue. The majority of revenue is derived from the sale of components and subsystems, and operations span the United Kingdom, the USA, Continental Europe, and the Asia Pacific region.
79GF Score
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