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Pebble Beach Systems GroupFRA:VSF -0.83%53 3-Year ROIIC % is 26.21 as of Dec. 2025, which is 47% above its 10-year median of 17.85. GuruFocus rates FRA:VSF with a GF Score™ of 53/100 and a GF Value™ of €0.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,374 Hardware companies, Pebble Beach Systems Group ranks better than 75.19% 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.
Pebble Beach Systems Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 26.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Pebble Beach Systems Group's 3-Year ROIIC % or its related term are showing as below:
FRA:VSF's 3-Year ROIIC % is ranked better than 75.19% of 2374
companies
in the Hardware industry
Industry Median: 2.335
vs FRA:VSF: 26.21
Pebble Beach Systems Group (FRA:VSF) 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.
Pebble Beach Systems Group 3-Year ROIIC % Related Terms
Pebble Beach Systems Group 3-Year ROIIC % Historical Data
* 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:VSF vs CSCO, CIEN, MSI: 3-Year ROIIC % Comparison
For the Communication Equipment subindustry, Pebble Beach Systems Group'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.
Pebble Beach Systems Group 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Pebble Beach Systems Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Pebble Beach Systems Group's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 2.95 (Dec. 2025) - 1.8506061 (Dec. 2022) )
/
( 18.603 (Dec. 2025) - 14.451 (Dec. 2022) )
=
1.0993939
/
4.152
=
26.48%***
* 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.
Pebble Beach Systems Group (FRA:VSF) has a 3-Year ROIIC % of 26.21 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 Pebble Beach Systems Group and its competitors. This is 47% above median its historical median of 17.85. According to the industry distribution chart, Pebble Beach Systems Group ranks #589 out of 2374 companies in the Hardware industry, placing it in the top 24.8%.
Is Pebble Beach Systems Group's 3-Year ROIIC % too high?
Pebble Beach Systems Group's current 3-Year ROIIC % of 26.21 is 47% above median its 10-year median of 17.85. The Hardware industry median 3-Year ROIIC % is 2.34. Pebble Beach Systems Group's value of 26.21 is 1022.5% above this industry median. Based on the distribution chart, Pebble Beach Systems Group ranks #589 out of 2374 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Pebble Beach Systems Group has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pebble Beach Systems Group's 3-Year ROIIC % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Pebble Beach Systems Group ranks #589 out of 2374 companies for 3-Year ROIIC %. This places Pebble Beach Systems Group in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. Pebble Beach Systems Group's value of 26.21 is 1022.5% above this benchmark. While the company's 10-year median is 17.85 vs. the industry median of 2.34, Pebble Beach Systems Group 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 2.34, based on 2,374 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. Pebble Beach Systems Group's current 3-Year ROIIC % of 26.21 is 1022.5% 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 Pebble Beach Systems Group and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pebble Beach Systems Group's current 3-Year ROIIC % is 26.21, which is 47% above median its own 10-year median of 17.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pebble Beach Systems Group stock overvalued right now?
Based on GuruFocus' analysis, Pebble Beach Systems Group (FRA:VSF) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.10, compared to a current price of €0.24 — trading 138% above its estimated fair value. The current 3-Year ROIIC % is 26.21, which is 47% above median its 10-year median of 17.85 and 1022.5% above the Hardware industry median of 2.34. Pebble Beach Systems Group's overall GF Score™ is 53/100 with 2 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 Pebble Beach Systems Group (FRA:VSF), the current 3-Year ROIIC % is 26.21 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 Pebble Beach Systems Group (FRA:VSF) Overvalued in 2026?
Based on GuruFocus' analysis, Pebble Beach Systems Group stock appears to be overvalued.
The current stock price of €0.24 is trading 138% above its estimated GF Value™ of €0.10.
GuruFocus considers Pebble Beach Systems Group to be Significantly Overvalued.
Key valuation signals for FRA:VSF:
3-Year ROIIC %: 26.21 (47% above median its 10-year median of 17.85)
GF Value™: €0.10 vs. price of €0.24 (138% above fair value)
Industry Position: 1022.5% above the Hardware median (#589 of 2374)
No single metric tells the full story. See the FRA:VSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pebble Beach Systems Group PLC is a software business specialising in playout automation and content management solutions for the broadcast and streaming markets. It specialises in designing, delivering, and supporting workflow automation systems for media broadcasters and streamers. Its primary product is playout automation software, which is used by television channels, streaming services, and other media companies to manage the sequencing of programmes, advertisements, promotions, graphics, and channel branding. It also provides integrated channel solutions, which combine content storage, playout, graphics, and monitoring into a single unified platform. Its customers include CNBC, Fox News, IMG, and TV Globo. It operates in Europe, the Middle East and Africa, the Americas, and APAC.
53GF Score
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