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.
TON Strategy Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -4.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TON Strategy Co's 3-Year ROIIC % or its related term are showing as below:
TONX's 3-Year ROIIC % is ranked worse than 65.78% of 2621
companies
in the Software industry
Industry Median: 5.24
vs TONX: -4.25
TON Strategy Co (NAS:TONX) 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.
TON Strategy Co 3-Year ROIIC % Related Terms
TON Strategy Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for TON Strategy 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.
TONX vs AIB, RDZN, DOMO: 3-Year ROIIC % Comparison
For the Software - Application subindustry, TON Strategy 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.
TON Strategy Co 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, TON Strategy Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TON Strategy Co's 3-Year ROIIC % falls into.
TON Strategy 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**
=
( -33.2577024 (Dec. 2025) - -18.874 (Dec. 2022) )
/
( 369.829 (Dec. 2025) - 31.702 (Dec. 2022) )
=
-14.3837024
/
338.127
=
-4.25%***
* 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.
TON Strategy Co (TONX) has a 3-Year ROIIC % of -4.25 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 TON Strategy Co and its competitors. According to the industry distribution chart, TON Strategy Co ranks #1724 out of 2621 companies in the Software industry, placing it in the top 65.8%.
Is TON Strategy Co's 3-Year ROIIC % too high?
TON Strategy Co's current 3-Year ROIIC % is -4.25. Based on the distribution chart, TON Strategy Co ranks #1724 out of 2621 companies in the Software industry, which is below the industry midpoint. Overall, TON Strategy Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TON Strategy Co's 3-Year ROIIC % compare to AIB and RDZN?
According to the Software industry distribution chart, TON Strategy Co ranks #1724 out of 2621 companies for 3-Year ROIIC %. This places TON Strategy Co in the lower half of its industry. The industry median 3-Year ROIIC % is 5.24. 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 5.24, based on 2,621 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. 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 TON Strategy Co and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TON Strategy Co's current 3-Year ROIIC % is -4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TON Strategy Co stock overvalued right now?
Based on GuruFocus' analysis, TON Strategy Co (TONX) is currently considered Possible Value Trap. The stock's GF Value™ is $17.69, compared to a current price of $3.39 — trading 80.8% below its estimated fair value. The current 3-Year ROIIC % is -4.25. TON Strategy Co's overall GF Score™ is 50/100 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 TON Strategy Co (TONX), the current 3-Year ROIIC % is -4.25 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 TON Strategy Co (TONX) Overvalued in 2026?
Based on GuruFocus' analysis, TON Strategy Co stock appears to be undervalued.
The current stock price of $3.39 is trading 80.8% below its estimated GF Value™ of $17.69.
GuruFocus considers TON Strategy Co to be Possible Value Trap.
Key valuation signals for TONX:
3-Year ROIIC %: -4.25
GF Value™: $17.69 vs. price of $3.39 (80.8% below fair value)
No single metric tells the full story. See the TONX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TON Strategy Co is a digital asset treasury and Web3 ecosystem company focused on supporting The Open Network, a public blockchain integrated with Telegram and designed for fast, scalable transactions and decentralized applications. Its core business is managing its holdings of Toncoin (TON), including staking tokens to support network validation and earn rewards, while adhering to regulatory, accounting, and risk management standards. The company also pursues Web3 initiatives to support the ecosystem's growth and adoption. It operates through MARKET. live, Go Fund Yourself, and TON segments, with MARKET.live generating maximum revenue as a multi-vendor livestream shopping platform that combines e-commerce and entertainment across social and video channels.
50GF Score
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