Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Newegg Commerce's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -82.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Newegg Commerce's 3-Year ROIIC % or its related term are showing as below:
NEGG's 3-Year ROIIC % is ranked worse than 91.67% of 1057
companies
in the Retail - Cyclical industry
Industry Median: 4.63
vs NEGG: -82.94
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.
Newegg Commerce 3-Year ROIIC % Related Terms
Newegg Commerce 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Newegg Commerce'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.
NEGG vs LOGC, BBBY, BZUN: 3-Year ROIIC % Comparison
For the Internet Retail subindustry, Newegg Commerce'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.
Newegg Commerce 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Newegg Commerce's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Newegg Commerce's 3-Year ROIIC % falls into.
Newegg Commerce'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**
=
( -9.538 (Dec. 2025) - -49.538 (Dec. 2022) )
/
( 163.327 (Dec. 2025) - 211.555 (Dec. 2022) )
=
40
/
-48.228
=
-82.94%***
* 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.
Newegg Commerce (NEGG) has a 3-Year ROIIC % of -82.94 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 Newegg Commerce and its competitors. According to the industry distribution chart, Newegg Commerce ranks #969 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 91.7%.
Is Newegg Commerce's 3-Year ROIIC % too high?
Newegg Commerce's current 3-Year ROIIC % is -82.94. Based on the distribution chart, Newegg Commerce ranks #969 out of 1057 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Newegg Commerce has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Newegg Commerce's 3-Year ROIIC % compare to LOGC and BBBY?
According to the Retail - Cyclical industry distribution chart, Newegg Commerce ranks #969 out of 1057 companies for 3-Year ROIIC %. This places Newegg Commerce in the lower half of its industry. The industry median 3-Year ROIIC % is 4.63. 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.63, based on 1,057 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. 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 Newegg Commerce and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newegg Commerce's current 3-Year ROIIC % is -82.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newegg Commerce stock overvalued right now?
Based on GuruFocus' analysis, Newegg Commerce (NEGG) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.39, compared to a current price of $13.76 — trading 16% below its estimated fair value. The current 3-Year ROIIC % is -82.94. Newegg Commerce's overall GF Score™ is 61/100 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 Newegg Commerce (NEGG), the current 3-Year ROIIC % is -82.94 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 Newegg Commerce (NEGG) Overvalued in 2026?
Based on GuruFocus' analysis, Newegg Commerce stock appears to be undervalued.
The current stock price of $13.76 is trading 16% below its estimated GF Value™ of $16.39.
GuruFocus considers Newegg Commerce to be Modestly Undervalued.
Key valuation signals for NEGG:
3-Year ROIIC %: -82.94
GF Value™: $16.39 vs. price of $13.76 (16% below fair value)
No single metric tells the full story. See the NEGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home, and gaming products, and provides certain third-party logistics services globally. Geographically, it operates in the United States, Canada, and the Rest of the world.
61GF Score
Get the complete analysis for NEGG
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NEGG has been successfully added to your 
