Oxford InstrumentsOXINF 83 3-Year ROIIC % is 36.41 as of Mar. 2026, which is 332% above its 10-year median of 8.43. GuruFocus rates OXINF with a GF Score™ of 83/100 and a GF Value™ of $29.34 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,372 Hardware companies, Oxford Instruments ranks better than 79.72% 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.
Oxford Instruments's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 36.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Oxford Instruments's 3-Year ROIIC % or its related term are showing as below:
OXINF's 3-Year ROIIC % is ranked better than 79.72% of 2372
companies
in the Hardware industry
Industry Median: 2.35
vs OXINF: 36.41
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.
Oxford Instruments 3-Year ROIIC % Related Terms
Oxford Instruments 3-Year ROIIC % Historical Data
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The historical data trend for Oxford Instruments'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.
OXINF vs COHR, KEYS, GRMN: 3-Year ROIIC % Comparison
For the Scientific & Technical Instruments subindustry, Oxford Instruments'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.
Oxford Instruments 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Oxford Instruments's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Oxford Instruments's 3-Year ROIIC % falls into.
* 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.
Oxford Instruments (OXINF) has a 3-Year ROIIC % of 36.41 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 Oxford Instruments and its competitors. This is 332% above median its historical median of 8.43. According to the industry distribution chart, Oxford Instruments ranks #481 out of 2372 companies in the Hardware industry, placing it in the top 20.3%.
Is Oxford Instruments' 3-Year ROIIC % too high?
Oxford Instruments' current 3-Year ROIIC % of 36.41 is 332% above median its 10-year median of 8.43. The Hardware industry median 3-Year ROIIC % is 2.35. Oxford Instruments' value of 36.41 is 1449.4% above this industry median. Based on the distribution chart, Oxford Instruments ranks #481 out of 2372 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Oxford Instruments has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oxford Instruments' 3-Year ROIIC % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Oxford Instruments ranks #481 out of 2372 companies for 3-Year ROIIC %. This places Oxford Instruments in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. Oxford Instruments' value of 36.41 is 1449.4% above this benchmark. While the company's 10-year median is 8.43 vs. the industry median of 2.35, Oxford Instruments 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 2.35, based on 2,372 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. Oxford Instruments's current 3-Year ROIIC % of 36.41 is 1449.4% 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 Oxford Instruments 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. Oxford Instruments's current 3-Year ROIIC % is 36.41, which is 332% above median its own 10-year median of 8.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Instruments stock overvalued right now?
Based on GuruFocus' analysis, Oxford Instruments (OXINF) is currently considered Significantly Overvalued. The stock's GF Value™ is $29.34, compared to a current price of $41.00 — trading 39.7% above its estimated fair value. The current 3-Year ROIIC % is 36.41, which is 332% above median its 10-year median of 8.43 and 1449.4% above the Hardware industry median of 2.35. Oxford Instruments' overall GF Score™ is 83/100 with 2 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 Oxford Instruments (OXINF), the current 3-Year ROIIC % is 36.41 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.
Is Oxford Instruments (OXINF) Overvalued in 2026?
Based on GuruFocus' analysis, Oxford Instruments stock appears to be overvalued.
The current stock price of $41.00 is trading 39.7% above its estimated GF Value™ of $29.34.
GuruFocus considers Oxford Instruments to be Significantly Overvalued.
Key valuation signals for OXINF:
3-Year ROIIC %: 36.41 (332% above median its 10-year median of 8.43)
GF Value™: $29.34 vs. price of $41.00 (39.7% above fair value)
Industry Position: 1449.4% above the Hardware median (#481 of 2372)
No single metric tells the full story. See the OXINF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oxford Instruments PLC is engaged in researching, developing, manufacturing, renting, selling, and servicing high-technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterization of materials and devices down to the atomic scale. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe, North America, and the Rest of the World.
83GF Score
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