Comefly Outdoor Co (SHSE:603908) 3-Year ROIIC % : 80.74% (As of Dec. 2025) — 397% Above Median

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SHSE:603908 Comefly Outdoor Co Ltd SHSE:603908
68 GF Score
Price ¥19.39
GF Value ¥23.41
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Comefly Outdoor Co 3-Year ROIIC %?

Comefly Outdoor Co SHSE:603908 -0.31% 68 3-Year ROIIC % is 80.74 as of Dec. 2025, which is 397% above its 10-year median of 16.23. GuruFocus rates SHSE:603908 with a GF Score™ of 68/100 and a GF Value™ of ¥23.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Comefly Outdoor Co ranks better than 91.91% 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. Comefly Outdoor Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 80.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Comefly Outdoor Co's 3-Year ROIIC % or its related term are showing as below:

SHSE:603908's 3-Year ROIIC % is ranked better than
91.91% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.7 vs SHSE:603908: 80.74

Comefly Outdoor Co  (SHSE:603908) 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.


Comefly Outdoor Co 3-Year ROIIC % Related Terms


Comefly Outdoor Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Comefly Outdoor Co'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.

Comefly Outdoor Co 3-Year ROIIC % Chart

Comefly Outdoor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.86 24.57 46.16 16.60 80.74

Comefly Outdoor Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 80.74 0.00 0.00

SHSE:603908 vs RL, LEVI, VFC: 3-Year ROIIC % Comparison

For the Apparel Manufacturing subindustry, Comefly Outdoor 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.


Comefly Outdoor Co 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Comefly Outdoor Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Comefly Outdoor Co's 3-Year ROIIC % falls into.


SHSE:603908
68GF Score
Comefly Outdoor Co Ltd SHSE:603908
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comefly Outdoor Co 3-Year ROIIC % Calculation

Comefly Outdoor 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**
=( 30.3815853 (Dec. 2025) - 153.5007852 (Dec. 2022) )/( 513.261 (Dec. 2025) - 665.756 (Dec. 2022) )
=-123.1191999/-152.495
=80.74%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 80.74 mean?
Comefly Outdoor Co (SHSE:603908) has a 3-Year ROIIC % of 80.74 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 Comefly Outdoor Co and its competitors. This is 397% above median its historical median of 16.23. According to the industry distribution chart, Comefly Outdoor Co ranks #82 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.1%.
Is Comefly Outdoor Co's 3-Year ROIIC % too high?
Comefly Outdoor Co's current 3-Year ROIIC % of 80.74 is 397% above median its 10-year median of 16.23. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.70. Comefly Outdoor Co's value of 80.74 is 4649.4% above this industry median. Based on the distribution chart, Comefly Outdoor Co ranks #82 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Comefly Outdoor Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Comefly Outdoor Co's 3-Year ROIIC % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Comefly Outdoor Co ranks #82 out of 1013 companies for 3-Year ROIIC %. This places Comefly Outdoor Co in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.70. Comefly Outdoor Co's value of 80.74 is 4649.4% above this benchmark. While the company's 10-year median is 16.23 vs. the industry median of 1.70, Comefly Outdoor 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.70, based on 1,013 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. Comefly Outdoor Co's current 3-Year ROIIC % of 80.74 is 4649.4% 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 Comefly Outdoor Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comefly Outdoor Co's current 3-Year ROIIC % is 80.74, which is 397% above median its own 10-year median of 16.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comefly Outdoor Co stock overvalued right now?
Based on GuruFocus' analysis, Comefly Outdoor Co (SHSE:603908) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.41, compared to a current price of ¥19.39 — trading 17.2% below its estimated fair value. The current 3-Year ROIIC % is 80.74, which is 397% above median its 10-year median of 16.23 and 4649.4% above the Manufacturing - Apparel & Accessories industry median of 1.70. Comefly Outdoor Co's overall GF Score™ is 68/100 with 3 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 Comefly Outdoor Co (SHSE:603908), the current 3-Year ROIIC % is 80.74 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 Comefly Outdoor Co (SHSE:603908) Overvalued in 2026?

Based on GuruFocus' analysis, Comefly Outdoor Co stock appears to be undervalued. The current stock price of ¥19.39 is trading 17.2% below its estimated GF Value™ of ¥23.41. GuruFocus considers Comefly Outdoor Co to be Modestly Undervalued.

Key valuation signals for SHSE:603908:

  • 3-Year ROIIC %: 80.74 (397% above median its 10-year median of 16.23)
  • GF Value™: ¥23.41 vs. price of ¥19.39 (17.2% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 4649.4% above the Manufacturing - Apparel & Accessories median (#82 of 1013)

No single metric tells the full story. See the SHSE:603908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comefly Outdoor Co Business Description

Address No. 475, Jiangdong North Road, 14th Floor, Yiting Building, Hefeng Creative Plaza, Zhejiang Province, Ningbo, CHN, 315000
Comefly Outdoor Co Ltd is a China based company mainly engaged in research and development, design, manufacture and sales of camping tents, outdoor clothing and other outdoor supplies. Its products portfolio includes tents, sleeping bags, a self-filling pad and other outdoor equipment, as well as jackets, down jackets, hiking shoes, sports bags and other outdoor clothing, shoes, and accessories.
68GF Score

Get the complete analysis for SHSE:603908

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥19.39
Price
¥23.41
GF Value