Icom (ICOIF) 3-Year ROIIC % : 0.30% (As of Mar. 2026) — 96% Below Median


What is Icom 3-Year ROIIC %?

Icom ICOIF 82 3-Year ROIIC % is 0.30 as of Mar. 2026, which is 96% below its 10-year median of 6.90. GuruFocus rates ICOIF with a GF Score™ of 82/100. The stock has 3 warning signs investors should review. Among 2,371 Hardware companies, Icom ranks worse than 53.52% 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. Icom's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 0.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Icom's 3-Year ROIIC % or its related term are showing as below:

ICOIF's 3-Year ROIIC % is ranked worse than
53.52% of 2371 companies
in the Hardware industry
Industry Median: 2.35 vs ICOIF: 0.30

Icom  (OTCPK:ICOIF) 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.


Icom 3-Year ROIIC % Related Terms


Icom 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Icom'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.

Icom 3-Year ROIIC % Chart

Icom Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -244.19 17.01 14.83 18.57 0.30

Icom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.57 0.00 0.00 0.00 0.30

ICOIF vs CSCO, CIEN, MSI: 3-Year ROIIC % Comparison

For the Communication Equipment subindustry, Icom'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.


Icom 3-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Icom's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Icom's 3-Year ROIIC % falls into.



Icom 3-Year ROIIC % Calculation

Icom's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 14.539408 (Mar. 2026) - 16.8726356 (Mar. 2023) )/( 323.589 (Mar. 2026) - 256.216 (Mar. 2023) )
=-2.3332276/67.373
=-3.46%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.30 mean?
Icom (ICOIF) has a 3-Year ROIIC % of 0.30 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Icom and its competitors. This is 96% below median its historical median of 6.90. According to the industry distribution chart, Icom ranks #1269 out of 2371 companies in the Hardware industry, placing it in the top 53.5%.
Is Icom's 3-Year ROIIC % too high?
Icom's current 3-Year ROIIC % of 0.30 is 96% below median its 10-year median of 6.90. The Hardware industry median 3-Year ROIIC % is 2.35. Icom's value of 0.30 is 87.2% below this industry median. Based on the distribution chart, Icom ranks #1269 out of 2371 companies in the Hardware industry, which is below the industry midpoint. Overall, Icom has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Icom's 3-Year ROIIC % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Icom ranks #1269 out of 2371 companies for 3-Year ROIIC %. This places Icom in the lower half of its industry. The industry median 3-Year ROIIC % is 2.35. Icom's value of 0.30 is 87.2% below this benchmark. While the company's 10-year median is 6.90 vs. the industry median of 2.35, Icom has consistently been below 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 2.35, 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. Icom's current 3-Year ROIIC % of 0.30 is 87.2% below 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 Icom and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icom's current 3-Year ROIIC % is 0.30, which is 96% below median its own 10-year median of 6.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icom stock overvalued right now?
Icom (ICOIF) has a current 3-Year ROIIC % of 0.30. The current 3-Year ROIIC % is 0.30, which is 96% below median its 10-year median of 6.90 and 87.2% below the Hardware industry median of 2.35. Icom's overall GF Score™ is 82/100 with 3 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 Icom (ICOIF), the current 3-Year ROIIC % is 0.30 as of Mar. 2026. 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.

Icom Business Description

Other Exchanges 6820:Japan
Address 1-1-32, Kamiminami, Hirano-ku, Osaka, JPN, 547-0003
Icom Inc manufactures and sells telecommunications equipment. The company's product portfolio consists of land mobile radio, amateur radio, marine radio, navigation products, aviation radio and communications receivers. It operates in four segments Japan, North America including the United States and Canada, Europe including Germany and Spain, and Asia & Oceania including Australia, Taiwan, and China. The majority of the revenues are derived from the sale of telecommunications equipment in Japan.