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.
QD LaserTSE:6613 -3.38%51 3-Year ROIIC % is 14.01 as of Mar. 2026, which is at its 10-year median of 14.01. GuruFocus rates TSE:6613 with a GF Score™ of 51/100 and a GF Value™ of 円473.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 995 Semiconductors companies, QD Laser ranks better than 66.63% 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.
QD Laser's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 14.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for QD Laser's 3-Year ROIIC % or its related term are showing as below:
TSE:6613's 3-Year ROIIC % is ranked better than 66.63% of 995
companies
in the Semiconductors industry
Industry Median: -0.18
vs TSE:6613: 14.01
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.
QD Laser 3-Year ROIIC % Related Terms
QD Laser 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for QD Laser'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.
TSE:6613 vs NVDA, AVGO, MU: 3-Year ROIIC % Comparison
For the Semiconductors subindustry, QD Laser'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.
QD Laser 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, QD Laser's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where QD Laser's 3-Year ROIIC % falls into.
QD Laser's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -326.214 (Mar. 2026) - -556.771 (Mar. 2023) )
/
( 2612.183 (Mar. 2026) - 966.391 (Mar. 2023) )
=
230.557
/
1645.792
=
14.01%***
* 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.
QD Laser (TSE:6613) has a 3-Year ROIIC % of 14.01 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on QD Laser and its competitors. This is near median its historical median of 14.01. According to the industry distribution chart, QD Laser ranks #332 out of 995 companies in the Semiconductors industry, placing it in the top 33.4%.
Is QD Laser's 3-Year ROIIC % too high?
QD Laser's current 3-Year ROIIC % of 14.01 is near median its 10-year median of 14.01. Based on the distribution chart, QD Laser ranks #332 out of 995 companies in the Semiconductors industry, which is above the industry midpoint. Overall, QD Laser has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does QD Laser's 3-Year ROIIC % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, QD Laser ranks #332 out of 995 companies for 3-Year ROIIC %. This puts QD Laser in the upper half of its industry. 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 Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. 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 QD Laser and its competitors. QD Laser's current 3-Year ROIIC % is 14.01, which is near median its own 10-year median of 14.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QD Laser stock overvalued right now?
Based on GuruFocus' analysis, QD Laser (TSE:6613) is currently considered Significantly Overvalued. The stock's GF Value™ is 円473.53, compared to a current price of 円1,485.00 — trading 213.6% above its estimated fair value. The current 3-Year ROIIC % is 14.01, which is near median its 10-year median of 14.01. QD Laser's overall GF Score™ is 51/100 with 1 warning sign 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 QD Laser (TSE:6613), the current 3-Year ROIIC % is 14.01 as of Mar. 2026. 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 QD Laser (TSE:6613) Overvalued in 2026?
Based on GuruFocus' analysis, QD Laser stock appears to be overvalued.
The current stock price of 円1,485.00 is trading 213.6% above its estimated GF Value™ of 円473.53.
GuruFocus considers QD Laser to be Significantly Overvalued.
Key valuation signals for TSE:6613:
3-Year ROIIC %: 14.01 (near median its 10-year median of 14.01)
GF Value™: 円473.53 vs. price of 円1,485.00 (213.6% above fair value)
No single metric tells the full story. See the TSE:6613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QD Laser Inc is involved in developing, manufacturing, and selling semiconductor devices, as well as operating in the laser device and visual information device industries. It offers semiconductor laser diodes, retinal scanning laser eyewear, and related products. The Group has one reportable segment: the Visual Information Device Business.
51GF Score
Get the complete analysis for TSE:6613
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
TSE:6613 has been successfully added to your 
