Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Hangzhou EZVIZ Network Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 11.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hangzhou EZVIZ Network Co's 3-Year ROIIC % or its related term are showing as below:
SHSE:688475's 3-Year ROIIC % is ranked better than 62.45% of 2370
companies
in the Hardware industry
Industry Median: 2.36
vs SHSE:688475: 11.14
Hangzhou EZVIZ Network Co (SHSE:688475) 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.
Hangzhou EZVIZ Network Co 3-Year ROIIC % Related Terms
Hangzhou EZVIZ Network 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.
For the Consumer Electronics subindustry, Hangzhou EZVIZ Network 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.
Hangzhou EZVIZ Network Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Hangzhou EZVIZ Network Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hangzhou EZVIZ Network Co's 3-Year ROIIC % falls into.
Hangzhou EZVIZ Network Co 3-Year ROIIC % Calculation
Hangzhou EZVIZ Network 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**
=
( 523.1834865 (Dec. 2025) - 335.182 (Dec. 2022) )
/
( 3169.388 (Dec. 2025) - 1481.917 (Dec. 2022) )
=
188.0014865
/
1687.471
=
11.14%***
* 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.
Hangzhou EZVIZ Network Co (SHSE:688475) has a 3-Year ROIIC % of 11.14 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 Hangzhou EZVIZ Network Co and its competitors. This is near median its historical median of 11.14. According to the industry distribution chart, Hangzhou EZVIZ Network Co ranks #890 out of 2370 companies in the Hardware industry, placing it in the top 37.6%.
Is Hangzhou EZVIZ Network Co's 3-Year ROIIC % too high?
Hangzhou EZVIZ Network Co's current 3-Year ROIIC % of 11.14 is near median its 10-year median of 11.14. The Hardware industry median 3-Year ROIIC % is 2.36. Hangzhou EZVIZ Network Co's value of 11.14 is 372% above this industry median. Based on the distribution chart, Hangzhou EZVIZ Network Co ranks #890 out of 2370 companies in the Hardware industry, which is above the industry midpoint. Overall, Hangzhou EZVIZ Network Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou EZVIZ Network Co's 3-Year ROIIC % compare to AAPL?
According to the Hardware industry distribution chart, Hangzhou EZVIZ Network Co ranks #890 out of 2370 companies for 3-Year ROIIC %. This puts Hangzhou EZVIZ Network Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.36. Hangzhou EZVIZ Network Co's value of 11.14 is 372% above this benchmark. While the company's 10-year median is 11.14 vs. the industry median of 2.36, Hangzhou EZVIZ Network 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 2.36, 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. Hangzhou EZVIZ Network Co's current 3-Year ROIIC % of 11.14 is 372% 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 Hangzhou EZVIZ Network Co and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou EZVIZ Network Co's current 3-Year ROIIC % is 11.14, which is near median its own 10-year median of 11.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou EZVIZ Network Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou EZVIZ Network Co (SHSE:688475) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥37.00, compared to a current price of ¥29.90 — trading 19.2% below its estimated fair value. The current 3-Year ROIIC % is 11.14, which is near median its 10-year median of 11.14 and 372% above the Hardware industry median of 2.36. Hangzhou EZVIZ Network Co's overall GF Score™ is 90/100 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 Hangzhou EZVIZ Network Co (SHSE:688475), the current 3-Year ROIIC % is 11.14 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 Hangzhou EZVIZ Network Co (SHSE:688475) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou EZVIZ Network Co stock appears to be undervalued.
The current stock price of ¥29.90 is trading 19.2% below its estimated GF Value™ of ¥37.00.
GuruFocus considers Hangzhou EZVIZ Network Co to be Modestly Undervalued.
Key valuation signals for SHSE:688475:
3-Year ROIIC %: 11.14 (near median its 10-year median of 11.14)
GF Value™: ¥37.00 vs. price of ¥29.90 (19.2% below fair value)
Industry Position: 372% above the Hardware median (#890 of 2370)
No single metric tells the full story. See the SHSE:688475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou EZVIZ Network Co Ltd provides smart living solutions based on visual interaction; for industry clients, it provides open cloud platform services for managing IoT devices.
90GF Score
Get the complete analysis for SHSE:688475
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688475 has been successfully added to your 
