Optical CableOCC -2.47%46 3-Year ROIIC % is 45.40 as of Oct. 2025, which is 48% below its 10-year median of 88.15. GuruFocus rates OCC with a GF Score™ of 46/100 and a GF Value™ of $3.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,371 Hardware companies, Optical Cable ranks better than 82.75% 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.
Optical Cable's 3-Year ROIIC % for the quarter that ended in Oct. 2025 was 45.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Optical Cable's 3-Year ROIIC % or its related term are showing as below:
OCC's 3-Year ROIIC % is ranked better than 82.75% of 2371
companies
in the Hardware industry
Industry Median: 2.34
vs OCC: 45.40
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.
Optical Cable 3-Year ROIIC % Related Terms
Optical Cable 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Optical Cable'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.
OCC vs INSG, AMPG, WATT: 3-Year ROIIC % Comparison
For the Communication Equipment subindustry, Optical Cable'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.
Optical Cable 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Optical Cable's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Optical Cable's 3-Year ROIIC % falls into.
Optical Cable's 3-Year ROIIC % for the quarter that ended in Oct. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.45 (Oct. 2025) - 0.473 (Oct. 2022) )
/
( 31.164 (Oct. 2025) - 33.197 (Oct. 2022) )
=
-0.923
/
-2.033
=
45.40%***
* 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.
Optical Cable (OCC) has a 3-Year ROIIC % of 45.40 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Optical Cable and its competitors. This is 48% below median its historical median of 88.15. According to the industry distribution chart, Optical Cable ranks #409 out of 2371 companies in the Hardware industry, placing it in the top 17.3%.
Is Optical Cable's 3-Year ROIIC % too high?
Optical Cable's current 3-Year ROIIC % of 45.40 is 48% below median its 10-year median of 88.15. The Hardware industry median 3-Year ROIIC % is 2.34. Optical Cable's value of 45.40 is 1840.2% above this industry median. Based on the distribution chart, Optical Cable ranks #409 out of 2371 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Optical Cable has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Optical Cable's 3-Year ROIIC % compare to INSG and AMPG?
According to the Hardware industry distribution chart, Optical Cable ranks #409 out of 2371 companies for 3-Year ROIIC %. This places Optical Cable in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. Optical Cable's value of 45.40 is 1840.2% above this benchmark. While the company's 10-year median is 88.15 vs. the industry median of 2.34, Optical Cable 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 2,371 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. Optical Cable's current 3-Year ROIIC % of 45.40 is 1840.2% 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 Optical Cable 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. Optical Cable's current 3-Year ROIIC % is 45.40, which is 48% below median its own 10-year median of 88.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optical Cable stock overvalued right now?
Based on GuruFocus' analysis, Optical Cable (OCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.21, compared to a current price of $15.02 — trading 367.8% above its estimated fair value. The current 3-Year ROIIC % is 45.40, which is 48% below median its 10-year median of 88.15 and 1840.2% above the Hardware industry median of 2.34. Optical Cable's overall GF Score™ is 46/100 with 1 warning sign 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 Optical Cable (OCC), the current 3-Year ROIIC % is 45.40 as of Oct. 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 Optical Cable (OCC) Overvalued in 2026?
Based on GuruFocus' analysis, Optical Cable stock appears to be overvalued.
The current stock price of $15.02 is trading 367.8% above its estimated GF Value™ of $3.21.
GuruFocus considers Optical Cable to be Significantly Overvalued.
Key valuation signals for OCC:
3-Year ROIIC %: 45.40 (48% below median its 10-year median of 88.15)
GF Value™: $3.21 vs. price of $15.02 (367.8% above fair value)
Industry Position: 1840.2% above the Hardware median (#409 of 2371)
No single metric tells the full story. See the OCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Optical Cable Corp manufactures a broad range of fiber optic and copper data communication cabling and connectivity solutions for the enterprise, wireless carrier, and specialty markets. The Company offers high quality products that operate as a system solution or integrate with other components, including fiber, copper, hybrid cabling, cabinets, racks, enclosures, and deployable solutions for enterprise networks, data centers, residential, campus, Passive Optical LAN installations, and customized applications in military, industrial, mining, petrochemical, renewable energy, and broadcast industries. It operates a single reportable segment covering the design, development, manufacture, and marketing of its cabling and connectivity solutions.
46GF Score
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