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Hesai GroupFRA:ZN8 65 3-Year ROIIC % is 11.98 as of Dec. 2025. GuruFocus rates FRA:ZN8 with a GF Score™ of 65/100 and a GF Value™ of €2.50 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,252 Vehicles & Parts companies, Hesai Group ranks better than 63.34% 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.
Hesai Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 11.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hesai Group's 3-Year ROIIC % or its related term are showing as below:
FRA:ZN8's 3-Year ROIIC % is ranked better than 63.34% of 1252
companies
in the Vehicles & Parts industry
Industry Median: 4.235
vs FRA:ZN8: 11.98
Hesai Group (FRA:ZN8) 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.
Hesai Group 3-Year ROIIC % Related Terms
Hesai Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hesai Group'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:ZN8 vs GT, VC, VGNT: 3-Year ROIIC % Comparison
For the Auto Parts subindustry, Hesai 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.
Hesai Group 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hesai Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hesai Group's 3-Year ROIIC % falls into.
* 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.
Hesai Group (FRA:ZN8) has a 3-Year ROIIC % of 11.98 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 Hesai Group and its competitors. According to the industry distribution chart, Hesai Group ranks #459 out of 1252 companies in the Vehicles & Parts industry, placing it in the top 36.7%.
Is Hesai Group's 3-Year ROIIC % too high?
Hesai Group's current 3-Year ROIIC % is 11.98. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. Hesai Group's value of 11.98 is 182.9% above this industry median. Based on the distribution chart, Hesai Group ranks #459 out of 1252 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Hesai Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hesai Group's 3-Year ROIIC % compare to GT and VC?
According to the Vehicles & Parts industry distribution chart, Hesai Group ranks #459 out of 1252 companies for 3-Year ROIIC %. This puts Hesai Group in the upper half of its industry. The industry median 3-Year ROIIC % is 4.24. Hesai Group's value of 11.98 is 182.9% above this benchmark. 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 Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,252 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. Hesai Group's current 3-Year ROIIC % of 11.98 is 182.9% 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 Hesai Group and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hesai Group's current 3-Year ROIIC % is 11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hesai Group stock overvalued right now?
Based on GuruFocus' analysis, Hesai Group (FRA:ZN8) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.50, compared to a current price of €1.76 — trading 29.5% below its estimated fair value. The current 3-Year ROIIC % is 11.98 and 182.9% above the Vehicles & Parts industry median of 4.24. Hesai Group's overall GF Score™ is 65/100 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 Hesai Group (FRA:ZN8), the current 3-Year ROIIC % is 11.98 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 Hesai Group (FRA:ZN8) Overvalued in 2026?
Based on GuruFocus' analysis, Hesai Group stock appears to be undervalued.
The current stock price of €1.76 is trading 29.5% below its estimated GF Value™ of €2.50.
GuruFocus considers Hesai Group to be Modestly Undervalued.
Key valuation signals for FRA:ZN8:
3-Year ROIIC %: 11.98
GF Value™: €2.50 vs. price of €1.76 (29.5% below fair value)
Industry Position: 182.9% above the Vehicles & Parts median (#459 of 1252)
No single metric tells the full story. See the FRA:ZN8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with enhanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. Geographically, the company operates in North America, Mainland China, Europe, and Other regions.
65GF Score
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