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TTM TechnologiesSTU:TT1 +6.55%78 3-Year ROIIC % is 59.04 as of Dec. 2025, which is 1086% above its 10-year median of 4.98. GuruFocus rates STU:TT1 with a GF Score™ of 78/100 and a GF Value™ of €26.56 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,369 Hardware companies, TTM Technologies ranks better than 86.03% 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.
TTM Technologies's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 59.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TTM Technologies's 3-Year ROIIC % or its related term are showing as below:
STU:TT1's 3-Year ROIIC % is ranked better than 86.03% of 2369
companies
in the Hardware industry
Industry Median: 2.35
vs STU:TT1: 59.04
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.
TTM Technologies 3-Year ROIIC % Related Terms
TTM Technologies 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for TTM Technologies'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.
STU:TT1 vs SANM, FN, LFUS: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, TTM Technologies'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.
TTM Technologies 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, TTM Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TTM Technologies'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.
TTM Technologies (STU:TT1) has a 3-Year ROIIC % of 59.04 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 TTM Technologies and its competitors. This is 1086% above median its historical median of 4.98. According to the industry distribution chart, TTM Technologies ranks #331 out of 2369 companies in the Hardware industry, placing it in the top 14%.
Is TTM Technologies' 3-Year ROIIC % too high?
TTM Technologies' current 3-Year ROIIC % of 59.04 is 1086% above median its 10-year median of 4.98. The Hardware industry median 3-Year ROIIC % is 2.35. TTM Technologies' value of 59.04 is 2412.3% above this industry median. Based on the distribution chart, TTM Technologies ranks #331 out of 2369 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TTM Technologies has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TTM Technologies' 3-Year ROIIC % compare to SANM and FN?
According to the Hardware industry distribution chart, TTM Technologies ranks #331 out of 2369 companies for 3-Year ROIIC %. This places TTM Technologies in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. TTM Technologies' value of 59.04 is 2412.3% above this benchmark. While the company's 10-year median is 4.98 vs. the industry median of 2.35, TTM Technologies 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 2,369 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. TTM Technologies's current 3-Year ROIIC % of 59.04 is 2412.3% 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 TTM Technologies 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. TTM Technologies's current 3-Year ROIIC % is 59.04, which is 1086% above median its own 10-year median of 4.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTM Technologies stock overvalued right now?
Based on GuruFocus' analysis, TTM Technologies (STU:TT1) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.56, compared to a current price of €107.35 — trading 304.2% above its estimated fair value. The current 3-Year ROIIC % is 59.04, which is 1086% above median its 10-year median of 4.98 and 2412.3% above the Hardware industry median of 2.35. TTM Technologies' overall GF Score™ is 78/100 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 TTM Technologies (STU:TT1), the current 3-Year ROIIC % is 59.04 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 TTM Technologies (STU:TT1) Overvalued in 2026?
Based on GuruFocus' analysis, TTM Technologies stock appears to be overvalued.
The current stock price of €107.35 is trading 304.2% above its estimated GF Value™ of €26.56.
GuruFocus considers TTM Technologies to be Significantly Overvalued.
Key valuation signals for STU:TT1:
3-Year ROIIC %: 59.04 (1086% above median its 10-year median of 4.98)
GF Value™: €26.56 vs. price of €107.35 (304.2% above fair value)
Industry Position: 2412.3% above the Hardware median (#331 of 2369)
No single metric tells the full story. See the STU:TT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates. It operates through three segments: A&D, Commercial, and RF&S Components. The A&D segment supports aerospace and defense missions with PCBs, assemblies, microelectronics, and integrated systems. The Commercial segment, generating the majority of revenue, serves automotive, medical, industrial, and data center markets. The RF&S Components segment provides TTM-designed RF components and COTS products. The Company's revenues come from PCBs, engineered systems, and long-term contracts for intelligence, surveillance, and communications solutions.
78GF Score
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