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Ichor HoldingsICHR -3.43%60 3-Year ROIIC % is 101.52 as of Dec. 2025, which is 2809% above its 10-year median of 3.49. GuruFocus rates ICHR with a GF Score™ of 60/100 and a GF Value™ of $31.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 996 Semiconductors companies, Ichor Holdings ranks better than 89.96% 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.
Ichor Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 101.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ichor Holdings's 3-Year ROIIC % or its related term are showing as below:
ICHR's 3-Year ROIIC % is ranked better than 89.96% of 996
companies
in the Semiconductors industry
Industry Median: -0.075
vs ICHR: 101.52
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.
Ichor Holdings 3-Year ROIIC % Related Terms
Ichor Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Ichor Holdings'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.
ICHR vs COHU, AEHR, AMBA: 3-Year ROIIC % Comparison
For the Semiconductor Equipment & Materials subindustry, Ichor Holdings'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.
Ichor Holdings 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ichor Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ichor Holdings's 3-Year ROIIC % falls into.
Ichor Holdings'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**
=
( -39.272 (Dec. 2025) - 82.9479295 (Dec. 2022) )
/
( 743.103 (Dec. 2025) - 863.491 (Dec. 2022) )
=
-122.2199295
/
-120.388
=
101.52%***
* 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.
Ichor Holdings (ICHR) has a 3-Year ROIIC % of 101.52 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 Ichor Holdings and its competitors. This is 2809% above median its historical median of 3.49. According to the industry distribution chart, Ichor Holdings ranks #100 out of 996 companies in the Semiconductors industry, placing it in the top 10%.
Is Ichor Holdings' 3-Year ROIIC % too high?
Ichor Holdings' current 3-Year ROIIC % of 101.52 is 2809% above median its 10-year median of 3.49. Based on the distribution chart, Ichor Holdings ranks #100 out of 996 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Ichor Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ichor Holdings' 3-Year ROIIC % compare to COHU and AEHR?
According to the Semiconductors industry distribution chart, Ichor Holdings ranks #100 out of 996 companies for 3-Year ROIIC %. This places Ichor Holdings in the top 10% 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 Ichor Holdings and its competitors. Ichor Holdings's current 3-Year ROIIC % is 101.52, which is 2809% above median its own 10-year median of 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ichor Holdings (ICHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.57, compared to a current price of $91.60 — trading 190.1% above its estimated fair value. The current 3-Year ROIIC % is 101.52, which is 2809% above median its 10-year median of 3.49. Ichor Holdings' overall GF Score™ is 60/100 with 6 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 Ichor Holdings (ICHR), the current 3-Year ROIIC % is 101.52 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 Ichor Holdings (ICHR) Overvalued in 2026?
Based on GuruFocus' analysis, Ichor Holdings stock appears to be overvalued.
The current stock price of $91.60 is trading 190.1% above its estimated GF Value™ of $31.57.
GuruFocus considers Ichor Holdings to be Significantly Overvalued.
Key valuation signals for ICHR:
3-Year ROIIC %: 101.52 (2809% above median its 10-year median of 3.49)
GF Value™: $31.57 vs. price of $91.60 (190.1% above fair value)
No single metric tells the full story. See the ICHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichor Holdings Ltd designs, engineers, and manufactures critical fluid delivery subsystems and components mainly for semiconductor capital equipment, along with solutions for defense/aerospace and medical industries. Its product portfolio includes gas and chemical delivery subsystems that enable precise delivery, monitoring, and control of specialized gases and reactive liquid chemistries used in semiconductor manufacturing processes such as etch, electroplating, and cleaning. The company also provides precision-machined components, weldments, e-beam and laser-welded components, as well as precision vacuum and hydrogen brazing. Geographically, the company operates across the United States, Singapore, Europe, and other regions, with Singapore contributing the majority of revenue.
60GF Score
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