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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.
Zhejiang Wazam New Materials Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 86.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Zhejiang Wazam New Materials Co (SHSE:603186) 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.
Zhejiang Wazam New Materials Co 3-Year ROIIC % Related Terms
Zhejiang Wazam New Materials Co 3-Year ROIIC % Historical Data
* 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.
Zhejiang Wazam New Materials Co 3-Year ROIIC % Chart
SHSE:603186 vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, Zhejiang Wazam New Materials Co'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.
Zhejiang Wazam New Materials Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Zhejiang Wazam New Materials Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Zhejiang Wazam New Materials Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 245.233362 (Dec. 2025) - 55.714 (Dec. 2022) )
/
( 4055.541 (Dec. 2025) - 3837.405 (Dec. 2022) )
=
189.519362
/
218.136
=
86.88%***
* 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.
Zhejiang Wazam New Materials Co (SHSE:603186) has a 3-Year ROIIC % of 86.88 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 Zhejiang Wazam New Materials Co and its competitors. This is 1331% above median its historical median of 6.07. According to the industry distribution chart, Zhejiang Wazam New Materials Co ranks #241 out of 2370 companies in the Hardware industry, placing it in the top 10.2%.
Is Zhejiang Wazam New Materials Co's 3-Year ROIIC % too high?
Zhejiang Wazam New Materials Co's current 3-Year ROIIC % of 86.88 is 1331% above median its 10-year median of 6.07. The Hardware industry median 3-Year ROIIC % is 2.38. Zhejiang Wazam New Materials Co's value of 86.88 is 3558.1% above this industry median. Based on the distribution chart, Zhejiang Wazam New Materials Co ranks #241 out of 2370 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Wazam New Materials Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wazam New Materials Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Zhejiang Wazam New Materials Co ranks #241 out of 2370 companies for 3-Year ROIIC %. This places Zhejiang Wazam New Materials Co in the top 10% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.38. Zhejiang Wazam New Materials Co's value of 86.88 is 3558.1% above this benchmark. While the company's 10-year median is 6.07 vs. the industry median of 2.38, Zhejiang Wazam New Materials Co 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 2.38, based on 2,370 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. Zhejiang Wazam New Materials Co's current 3-Year ROIIC % of 86.88 is 3558.1% 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 Zhejiang Wazam New Materials Co and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Wazam New Materials Co's current 3-Year ROIIC % is 86.88, which is 1331% above median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wazam New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co (SHSE:603186) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥42.55, compared to a current price of ¥172.37 — trading 305.1% above its estimated fair value. The current 3-Year ROIIC % is 86.88, which is 1331% above median its 10-year median of 6.07 and 3558.1% above the Hardware industry median of 2.38. Zhejiang Wazam New Materials Co's overall GF Score™ is 62/100 with 4 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 Zhejiang Wazam New Materials Co (SHSE:603186), the current 3-Year ROIIC % is 86.88 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 Zhejiang Wazam New Materials Co (SHSE:603186) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co stock appears to be overvalued.
The current stock price of ¥172.37 is trading 305.1% above its estimated GF Value™ of ¥42.55.
GuruFocus considers Zhejiang Wazam New Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:603186:
3-Year ROIIC %: 86.88 (1331% above median its 10-year median of 6.07)
GF Value™: ¥42.55 vs. price of ¥172.37 (305.1% above fair value)
Industry Position: 3558.1% above the Hardware median (#241 of 2370)
No single metric tells the full story. See the SHSE:603186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Wazam New Materials Co Ltd formerly Zhejiang Huazheng New Material Co Ltd is a China based company manufactures components for computer, medical equipment, communication equipment, automotive electronic, rail transit, new energy and other different uses. The company distributes its products in both Chinese and other international markets.
62GF Score
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