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NeoVoltaNEOV +1.55%42 3-Year ROIIC % is 56.68 as of Jun. 2025, which is 83% below its 10-year median of 334.45. GuruFocus rates NEOV with a GF Score™ of 42/100 and a GF Value™ of $12.44 (Significantly Undervalued). Among 2,933 Industrial Products companies, NeoVolta ranks better than 88.85% 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.
NeoVolta's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 56.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NeoVolta's 3-Year ROIIC % or its related term are showing as below:
NEOV's 3-Year ROIIC % is ranked better than 88.85% of 2933
companies
in the Industrial Products industry
Industry Median: 3.45
vs NEOV: 56.68
NeoVolta (NAS:NEOV) 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.
NeoVolta 3-Year ROIIC % Related Terms
NeoVolta 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NeoVolta'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.
NEOV vs STI, ULBI, SKYX: 3-Year ROIIC % Comparison
For the Electrical Equipment & Parts subindustry, NeoVolta'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.
NeoVolta 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NeoVolta's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NeoVolta's 3-Year ROIIC % falls into.
NeoVolta's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -4.716 (Jun. 2025) - -5.755 (Jun. 2022) )
/
( 5.242 (Jun. 2025) - 3.409 (Jun. 2022) )
=
1.039
/
1.833
=
56.68%***
* 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.
NeoVolta (NEOV) has a 3-Year ROIIC % of 56.68 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on NeoVolta and its competitors. This is 83% below median its historical median of 334.45. Over the past decade, NeoVolta's 3-Year ROIIC % has ranged from 56.68 to 612.21. According to the industry distribution chart, NeoVolta ranks #327 out of 2933 companies in the Industrial Products industry, placing it in the top 11.1%.
Is NeoVolta's 3-Year ROIIC % too high?
NeoVolta's current 3-Year ROIIC % of 56.68 is 83% below median its 10-year median of 334.45. Over the past 10 years, this metric has ranged from a low of 56.68 to a high of 612.21. The Industrial Products industry median 3-Year ROIIC % is 3.45. NeoVolta's value of 56.68 is 1542.9% above this industry median. Based on the distribution chart, NeoVolta ranks #327 out of 2933 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NeoVolta has a GF Score™ of 42/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NeoVolta's 3-Year ROIIC % compare to STI and ULBI?
According to the Industrial Products industry distribution chart, NeoVolta ranks #327 out of 2933 companies for 3-Year ROIIC %. This places NeoVolta in the top 11% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.45. NeoVolta's value of 56.68 is 1542.9% above this benchmark. Historically, NeoVolta's own 3-Year ROIIC % has ranged from 56.68 to 612.21 over the past decade. While the company's 10-year median is 334.45 vs. the industry median of 3.45, NeoVolta 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.45, based on 2,933 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. NeoVolta's current 3-Year ROIIC % of 56.68 is 1542.9% 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 NeoVolta and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NeoVolta's current 3-Year ROIIC % is 56.68, which is 83% below median its own 10-year median of 334.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeoVolta stock overvalued right now?
Based on GuruFocus' analysis, NeoVolta (NEOV) is currently considered Significantly Undervalued. The stock's GF Value™ is $12.44, compared to a current price of $2.30 — trading 81.6% below its estimated fair value. The current 3-Year ROIIC % is 56.68, which is 83% below median its 10-year median of 334.45 and 1542.9% above the Industrial Products industry median of 3.45. NeoVolta's overall GF Score™ is 42/100. 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 NeoVolta (NEOV), the current 3-Year ROIIC % is 56.68 as of Jun. 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 NeoVolta (NEOV) Overvalued in 2026?
Based on GuruFocus' analysis, NeoVolta stock appears to be undervalued.
The current stock price of $2.30 is trading 81.6% below its estimated GF Value™ of $12.44.
GuruFocus considers NeoVolta to be Significantly Undervalued.
Key valuation signals for NEOV:
3-Year ROIIC %: 56.68 (83% below median its 10-year median of 334.45)
GF Value™: $12.44 vs. price of $2.30 (81.6% below fair value)
Industry Position: 1542.9% above the Industrial Products median (#327 of 2933)
No single metric tells the full story. See the NEOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NeoVolta Inc is engaged in designing, manufacturing and sale of high end Energy Storage System which can store and use solar energy via batteries and an inverter at a residential site. Its market place includes solar industry, installers, new construction homebuilders, home remodelers and homeowners.
42GF Score
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