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10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Zhejiang Tengen Electric Co does not have enough data to calculate 10-Year ROIIC %.
Zhejiang Tengen Electric Co (SHSE:605066) 10-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.
Zhejiang Tengen Electric Co 10-Year ROIIC % Related Terms
Zhejiang Tengen Electric Co 10-Year ROIIC % Historical Data
* 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.
SHSE:605066 vs APH, GLW, TEL: 10-Year ROIIC % Comparison
For the Electronic Components subindustry, Zhejiang Tengen Electric Co's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
Zhejiang Tengen Electric Co 10-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Zhejiang Tengen Electric Co's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Zhejiang Tengen Electric Co's 10-Year ROIIC % falls into.
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( (Dec. 2025) - (Dec. 2015) )
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( (Dec. 2025) - (Dec. 2015) )
=
/
=
N/A%***
* 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 10-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.
Zhejiang Tengen Electric Co (SHSE:605066) has a 10-Year ROIIC % of 39.31 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Zhejiang Tengen Electric Co and its competitors. According to the industry distribution chart, Zhejiang Tengen Electric Co ranks #231 out of 2148 companies in the Hardware industry, placing it in the top 10.8%.
Is Zhejiang Tengen Electric Co's 10-Year ROIIC % too high?
Zhejiang Tengen Electric Co's current 10-Year ROIIC % is 39.31. The Hardware industry median 10-Year ROIIC % is 4.36. Zhejiang Tengen Electric Co's value of 39.31 is 801.6% above this industry median. Based on the distribution chart, Zhejiang Tengen Electric Co ranks #231 out of 2148 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Tengen Electric Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tengen Electric Co's 10-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Zhejiang Tengen Electric Co ranks #231 out of 2148 companies for 10-Year ROIIC %. This places Zhejiang Tengen Electric Co in the top 11% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 4.36. Zhejiang Tengen Electric Co's value of 39.31 is 801.6% 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 10-Year ROIIC % for a Hardware company?
The median 10-Year ROIIC % among Hardware companies is 4.36, based on 2,148 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Tengen Electric Co's current 10-Year ROIIC % of 39.31 is 801.6% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Zhejiang Tengen Electric Co and its competitors. For the Hardware industry, the median 10-Year ROIIC % is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Tengen Electric Co's current 10-Year ROIIC % is 39.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tengen Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tengen Electric Co (SHSE:605066) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.20, compared to a current price of ¥6.83 — trading 5.1% below its estimated fair value. The current 10-Year ROIIC % is 39.31 and 801.6% above the Hardware industry median of 4.36. Zhejiang Tengen Electric Co's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Zhejiang Tengen Electric Co (SHSE:605066), the current 10-Year ROIIC % is 39.31 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 Zhejiang Tengen Electric Co (SHSE:605066) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Tengen Electric Co stock appears to be undervalued.
The current stock price of ¥6.83 is trading 5.1% below its estimated GF Value™ of ¥7.20.
GuruFocus considers Zhejiang Tengen Electric Co to be Fairly Valued.
Key valuation signals for SHSE:605066:
10-Year ROIIC %: 39.31
GF Value™: ¥7.20 vs. price of ¥6.83 (5.1% below fair value)
Industry Position: 801.6% above the Hardware median (#231 of 2148)
No single metric tells the full story. See the SHSE:605066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Tengen Electric Co Ltd is a Chinese manufacturer of low-voltage electrical equipment and industrial control products. Its portfolio includes power distribution apparatus, control and terminal appliances, circuit breakers, contactors, relays, smart meters, power supplies, frequency converters, high-voltage electrical products, and construction electrical appliances. These products serve customers in electric power, telecommunications, new energy, metallurgy, petrochemicals, machinery manufacturing, and industrial and civil construction. The company sells under its own brands through a nationwide distributor and dealer network in China, and it also exports to international markets. Revenue is generated primarily from the sale of manufactured electrical components and systems to distributors, contractors, utilities, and industrial end users, with after-sales service and technical support complementing product sales. Tengen is headquartered in Zhejiang Province and is listed on the Shanghai Stock Exchange.
79GF Score
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