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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Auden Techno's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2026 was 2.85%.
As of today (2026-08-21), Auden Techno's WACC % is 2.25%. Auden Techno's ROIC % is 3.29% (calculated using TTM income statement data).
Auden Techno 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.
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, Auden Techno's WACC % is 2.25%. Auden Techno's ROIC % is 3.29% (calculated using TTM income statement data).
Auden Techno 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.
Auden Techno ROIC % Related Terms
Auden Techno ROIC % Historical Data
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The historical data trend for Auden Techno'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.
For the Communication Equipment subindustry, Auden Techno'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.
Auden Techno ROIC % vs Hardware Industry
For the Hardware industry and Technology sector, Auden Techno's ROIC % distribution charts can be found below:
* The bar in red indicates where Auden Techno's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Jun. 2026) 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.
Auden Techno (TPE:3138) has a ROIC % of 2.85% as of Jun. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Auden Techno and its competitors.
Is Auden Techno's ROIC % too high?
Auden Techno's current ROIC % is 2.85%. The Hardware industry median ROIC % is 4.44. Auden Techno's value of 2.85% is 35.8% below this industry median. Overall, Auden Techno has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Auden Techno's ROIC % compare to CSCO and MSI?
Auden Techno's ROIC % of 2.85% can be compared against companies in the Hardware industry. The industry median ROIC % is 4.44. Auden Techno's value of 2.85% is 35.8% below 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 a Hardware company?
The median ROIC % among Hardware companies is 4.44, based on 2,441 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. Auden Techno's current ROIC % of 2.85% is 35.8% below 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 Auden Techno and its competitors. For the Hardware industry, the median ROIC % is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auden Techno's current ROIC % is 2.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auden Techno stock overvalued right now?
Based on GuruFocus' analysis, Auden Techno (TPE:3138) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$119.91, compared to a current price of NT$95.40 — trading 20.4% below its estimated fair value. The current ROIC % is 2.85% and 35.8% below the Hardware industry median of 4.44. Auden Techno's overall GF Score™ is 77/100 with 6 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 Auden Techno (TPE:3138), the current ROIC % is 2.85% as of Jun. 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 Auden Techno (TPE:3138) Overvalued in 2026?
Based on GuruFocus' analysis, Auden Techno stock appears to be undervalued.
The current stock price of NT$95.40 is trading 20.4% below its estimated GF Value™ of NT$119.91.
GuruFocus considers Auden Techno to be Modestly Undervalued.
Key valuation signals for TPE:3138:
ROIC %: 2.85%
GF Value™: NT$119.91 vs. price of NT$95.40 (20.4% below fair value)
Industry Position: 35.8% below the Hardware median
No single metric tells the full story. See the TPE:3138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Auden Techno Corp is engaged in the design and manufacture of wired and wireless antennas, the performance verification and testing of communications products, and the trading agency of precision instruments. The company's revenue is mainly generated from three segments: RFID antennas, which generate the maximum revenue; measuring equipment; and testing and certification. The Company operates in Taiwan, which generates the maximum revenue, Mainland China, and Vietnam.
77GF Score
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