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VIGO PhotonicsLTS:0R4B 87 3-Year ROIIC % is 107.97 as of Dec. 2025, which is 1083% above its 10-year median of 9.13. GuruFocus rates LTS:0R4B with a GF Score™ of 87/100 and a GF Value™ of zł872.34. The stock has 3 warning signs investors should review. Among 2,373 Hardware companies, VIGO Photonics ranks better than 91.28% 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.
VIGO Photonics's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 107.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for VIGO Photonics's 3-Year ROIIC % or its related term are showing as below:
LTS:0R4B's 3-Year ROIIC % is ranked better than 91.28% of 2373
companies
in the Hardware industry
Industry Median: 2.34
vs LTS:0R4B: 107.97
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.
VIGO Photonics 3-Year ROIIC % Related Terms
VIGO Photonics 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for VIGO Photonics'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.
LTS:0R4B vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, VIGO Photonics'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.
VIGO Photonics 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, VIGO Photonics's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where VIGO Photonics's 3-Year ROIIC % falls into.
VIGO Photonics'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**
=
( -15.92 (Dec. 2025) - 8.8031124 (Dec. 2022) )
/
( 201.566 (Dec. 2025) - 224.465 (Dec. 2022) )
=
-24.7231124
/
-22.899
=
107.97%***
* 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.
VIGO Photonics (LTS:0R4B) has a 3-Year ROIIC % of 107.97 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 VIGO Photonics and its competitors. This is 1083% above median its historical median of 9.13. According to the industry distribution chart, VIGO Photonics ranks #207 out of 2373 companies in the Hardware industry, placing it in the top 8.7%.
Is VIGO Photonics' 3-Year ROIIC % too high?
VIGO Photonics' current 3-Year ROIIC % of 107.97 is 1083% above median its 10-year median of 9.13. The Hardware industry median 3-Year ROIIC % is 2.34. VIGO Photonics' value of 107.97 is 4514.1% above this industry median. Based on the distribution chart, VIGO Photonics ranks #207 out of 2373 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, VIGO Photonics has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does VIGO Photonics' 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, VIGO Photonics ranks #207 out of 2373 companies for 3-Year ROIIC %. This places VIGO Photonics in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. VIGO Photonics' value of 107.97 is 4514.1% above this benchmark. While the company's 10-year median is 9.13 vs. the industry median of 2.34, VIGO Photonics 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 2,373 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. VIGO Photonics's current 3-Year ROIIC % of 107.97 is 4514.1% 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 VIGO Photonics 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. VIGO Photonics's current 3-Year ROIIC % is 107.97, which is 1083% above median its own 10-year median of 9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIGO Photonics stock overvalued right now?
VIGO Photonics (LTS:0R4B) has a current 3-Year ROIIC % of 107.97. The stock's GF Value™ is zł872.34, compared to a current price of zł719.52 — trading 17.5% below its estimated fair value. The current 3-Year ROIIC % is 107.97, which is 1083% above median its 10-year median of 9.13 and 4514.1% above the Hardware industry median of 2.34. VIGO Photonics' overall GF Score™ is 87/100 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 VIGO Photonics (LTS:0R4B), the current 3-Year ROIIC % is 107.97 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 VIGO Photonics (LTS:0R4B) Overvalued in 2026?
Based on GuruFocus' analysis, VIGO Photonics stock appears to be undervalued.
The current stock price of zł719.52 is trading 17.5% below its estimated GF Value™ of zł872.34.
Key valuation signals for LTS:0R4B:
3-Year ROIIC %: 107.97 (1083% above median its 10-year median of 9.13)
GF Value™: zł872.34 vs. price of zł719.52 (17.5% below fair value)
Industry Position: 4514.1% above the Hardware median (#207 of 2373)
No single metric tells the full story. See the LTS:0R4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VIGO Photonics SA is a manufacturer of uncooled infrared photon detectors. The detectors are used in the fields of Industry, Defense and Security, Environmental Protection, Healthcare, Transport, and Research & Development. The company's products include MCT Detectors, InAs Detectors, InAsSb Detectors, and Dedicated electronics. It has two operating segments: the Semiconductor modules segment and the Semiconductor materials segment.
87GF Score
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