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ENC Digital Technology CoSHSE:603869 -1.68%65 3-Year ROIIC % is 8.15 as of Dec. 2025, which is 5% below its 10-year median of 8.55. GuruFocus rates SHSE:603869 with a GF Score™ of 65/100 and a GF Value™ of ¥6.72 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,625 Software companies, ENC Digital Technology Co ranks better than 55.28% 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.
ENC Digital Technology Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 8.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for ENC Digital Technology Co's 3-Year ROIIC % or its related term are showing as below:
SHSE:603869's 3-Year ROIIC % is ranked better than 55.28% of 2625
companies
in the Software industry
Industry Median: 5.2
vs SHSE:603869: 8.15
ENC Digital Technology Co (SHSE:603869) 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.
ENC Digital Technology Co 3-Year ROIIC % Related Terms
ENC Digital Technology 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.
SHSE:603869 vs IBM, ACN, FISV: 3-Year ROIIC % Comparison
For the Information Technology Services subindustry, ENC Digital Technology 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.
ENC Digital Technology Co 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, ENC Digital Technology Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where ENC Digital Technology Co's 3-Year ROIIC % falls into.
ENC Digital Technology Co 3-Year ROIIC % Calculation
ENC Digital Technology Co'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**
=
( 24.460975 (Dec. 2025) - 22.765 (Dec. 2022) )
/
( 2741.794 (Dec. 2025) - 2720.985 (Dec. 2022) )
=
1.695975
/
20.809
=
8.15%***
* 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.
ENC Digital Technology Co (SHSE:603869) has a 3-Year ROIIC % of 8.15 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 ENC Digital Technology Co and its competitors. This is near median its historical median of 8.55. Over the past decade, ENC Digital Technology Co's 3-Year ROIIC % has ranged from 2.29 to 119.00. According to the industry distribution chart, ENC Digital Technology Co ranks #1174 out of 2625 companies in the Software industry, placing it in the top 44.7%.
Is ENC Digital Technology Co's 3-Year ROIIC % too high?
ENC Digital Technology Co's current 3-Year ROIIC % of 8.15 is near median its 10-year median of 8.55. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 119.00. The Software industry median 3-Year ROIIC % is 5.20. ENC Digital Technology Co's value of 8.15 is 56.7% above this industry median. Based on the distribution chart, ENC Digital Technology Co ranks #1174 out of 2625 companies in the Software industry, which is above the industry midpoint. Overall, ENC Digital Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENC Digital Technology Co's 3-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, ENC Digital Technology Co ranks #1174 out of 2625 companies for 3-Year ROIIC %. This puts ENC Digital Technology Co in the upper half of its industry. The industry median 3-Year ROIIC % is 5.20. ENC Digital Technology Co's value of 8.15 is 56.7% above this benchmark. Historically, ENC Digital Technology Co's own 3-Year ROIIC % has ranged from 2.29 to 119.00 over the past decade. While the company's 10-year median is 8.55 vs. the industry median of 5.20, ENC Digital Technology 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 Software company?
The median 3-Year ROIIC % among Software companies is 5.20, based on 2,625 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. ENC Digital Technology Co's current 3-Year ROIIC % of 8.15 is 56.7% 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 ENC Digital Technology Co and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENC Digital Technology Co's current 3-Year ROIIC % is 8.15, which is near median its own 10-year median of 8.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENC Digital Technology Co stock overvalued right now?
Based on GuruFocus' analysis, ENC Digital Technology Co (SHSE:603869) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.72, compared to a current price of ¥8.78 — trading 30.7% above its estimated fair value. The current 3-Year ROIIC % is 8.15, which is near median its 10-year median of 8.55 and 56.7% above the Software industry median of 5.20. ENC Digital Technology Co's overall GF Score™ is 65/100 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 ENC Digital Technology Co (SHSE:603869), the current 3-Year ROIIC % is 8.15 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 ENC Digital Technology Co (SHSE:603869) Overvalued in 2026?
Based on GuruFocus' analysis, ENC Digital Technology Co stock appears to be overvalued.
The current stock price of ¥8.78 is trading 30.7% above its estimated GF Value™ of ¥6.72.
GuruFocus considers ENC Digital Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603869:
3-Year ROIIC %: 8.15 (near median its 10-year median of 8.55)
GF Value™: ¥6.72 vs. price of ¥8.78 (30.7% above fair value)
Industry Position: 56.7% above the Software median (#1174 of 2625)
No single metric tells the full story. See the SHSE:603869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENC Digital Technology Co Ltd operates in the Digital industry. Its products include Synthetic command system, Intelligent algorithm platform, Big data fusion service platform.
65GF Score
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