International Games System Co (ROCO:3293) ROIC %: 180.46% (As of Dec. 2025)


ROCO:3293 International Games System Co Ltd ROCO:3293
96 GF Score
Price NT$789.00
GF Value NT$841.09
Valuation Fairly Valued
! 2 Warning Signs
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What is International Games System Co ROIC %?

International Games System Co ROCO:3293 +2.60% 96 ROIC % is 180.46% as of Dec. 2025. GuruFocus rates ROCO:3293 with a GF Score™ of 96/100 and a GF Value™ of NT$841.09 (Fairly Valued). The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. International Games System Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 180.46%.

As of today (2026-07-01), International Games System Co's WACC % is 1.68%. International Games System Co's ROIC % is 174.55% (calculated using TTM income statement data). International Games System Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


International Games System Co  (ROCO:3293) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, International Games System Co's WACC % is 1.68%. International Games System Co's ROIC % is 174.55% (calculated using TTM income statement data). International Games System Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


International Games System Co ROIC % Related Terms


International Games System Co ROIC % Historical Data

* Premium members only.

The historical data trend for International Games System Co's ROIC % 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.

International Games System Co ROIC % Chart

International Games System Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 234.73 234.13 211.39 168.36 175.43

International Games System Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROIC % 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 152.18 161.71 191.77 164.23 180.46

ROCO:3293 vs NTES, EA, TTWO: ROIC % Comparison

For the Electronic Gaming & Multimedia subindustry, International Games System Co's ROIC %, along with its competitors' market caps and ROIC % 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.


International Games System Co ROIC % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, International Games System Co's ROIC % distribution charts can be found below:

* The bar in red indicates where International Games System Co's ROIC % falls into.


ROCO:3293
96GF Score
International Games System Co Ltd ROCO:3293
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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International Games System Co ROIC % Calculation

International Games System Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=13064.851 * ( 1 - 17.06% )/( (6248.11 + 6105.543)/ 2 )
=10835.9874194/6176.8265
=175.43 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=22123.903 - 5237.961 - ( 13424.31 - max(0, 5641.979 - 16279.811+13424.31))
=6248.11

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=25467.976 - 5963.273 - ( 17233.1 - max(0, 6327.017 - 19726.177+17233.1))
=6105.543

International Games System Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=13453.148 * ( 1 - 17.6% )/( (6180.494 + 6105.543)/ 2 )
=11085.393952/6143.0185
=180.46 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20720.86 - 4181.756 - ( 12351.575 - max(0, 4548.405 - 14907.015+12351.575))
=6180.494

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=25467.976 - 5963.273 - ( 17233.1 - max(0, 6327.017 - 19726.177+17233.1))
=6105.543

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 180.46% mean?
International Games System Co (ROCO:3293) has a ROIC % of 180.46% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on International Games System Co and its competitors.
Is International Games System Co's ROIC % too high?
International Games System Co's current ROIC % is 180.46%. The Interactive Media industry median ROIC % is 1.89. International Games System Co's value of 180.46% is 9448.1% above this industry median. Overall, International Games System Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does International Games System Co's ROIC % compare to NTES and EA?
International Games System Co's ROIC % of 180.46% can be compared against companies in the Interactive Media industry. The industry median ROIC % is 1.89. International Games System Co's value of 180.46% is 9448.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Interactive Media company?
The median ROIC % among Interactive Media companies is 1.89, based on 559 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Games System Co's current ROIC % of 180.46% is 9448.1% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on International Games System Co and its competitors. For the Interactive Media industry, the median ROIC % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Games System Co's current ROIC % is 180.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Games System Co stock overvalued right now?
Based on GuruFocus' analysis, International Games System Co (ROCO:3293) is currently considered Fairly Valued. The stock's GF Value™ is NT$841.09, compared to a current price of NT$789.00 — trading 6.2% below its estimated fair value. The current ROIC % is 180.46% and 9448.1% above the Interactive Media industry median of 1.89. International Games System Co's overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For International Games System Co (ROCO:3293), the current ROIC % is 180.46% 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 International Games System Co (ROCO:3293) Overvalued in 2026?

Based on GuruFocus' analysis, International Games System Co stock appears to be undervalued. The current stock price of NT$789.00 is trading 6.2% below its estimated GF Value™ of NT$841.09. GuruFocus considers International Games System Co to be Fairly Valued.

Key valuation signals for ROCO:3293:

  • ROIC %: 180.46%
  • GF Value™: NT$841.09 vs. price of NT$789.00 (6.2% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 9448.1% above the Interactive Media median

No single metric tells the full story. See the ROCO:3293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Games System Co Business Description

Address No. 130, Wugong Road, Wugu District, New Taipei, TWN, 24886
International Games System Co Ltd plans, designs, researches, develops, manufactures, markets, and services commercial electronic arcade games, related software and hardware products, online games and mobile games. It offers arcade game, online game, mobile game, simulator machine games and online games. All the business activity is operated through Taiwan. There are two segments namely: Arcade game division, which derives maximum revenue and Online game division.
96GF Score

Get the complete analysis for ROCO:3293

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

NT$789.00
Price
NT$841.09
GF Value