St Shine Optical Co (ROCO:1565) 3-Year ROIIC % : 183.20% (As of Dec. 2025) — 1410% Above Median

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ROCO:1565 St Shine Optical Co Ltd ROCO:1565
71 GF Score
Price NT$93.20
GF Value NT$162.61
Valuation Possible Value Trap
! 4 Warning Signs
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What is St Shine Optical Co 3-Year ROIIC %?

St Shine Optical Co ROCO:1565 +0.65% 71 3-Year ROIIC % is 183.20 as of Dec. 2025, which is 1410% above its 10-year median of 12.13. GuruFocus rates ROCO:1565 with a GF Score™ of 71/100 and a GF Value™ of NT$162.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 794 Medical Devices & Instruments companies, St Shine Optical Co ranks better than 92.82% 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. St Shine Optical Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 183.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for St Shine Optical Co's 3-Year ROIIC % or its related term are showing as below:

ROCO:1565's 3-Year ROIIC % is ranked better than
92.82% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 1.52 vs ROCO:1565: 183.20

St Shine Optical Co  (ROCO:1565) 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.


St Shine Optical Co 3-Year ROIIC % Related Terms


St Shine Optical Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for St Shine Optical 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.

St Shine Optical Co 3-Year ROIIC % Chart

St Shine Optical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -358.36 275.93 77.88 126.65 183.20

St Shine Optical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 183.20 0.00

ROCO:1565 vs ISRG, BDX, MDLN: 3-Year ROIIC % Comparison

For the Medical Instruments & Supplies subindustry, St Shine Optical 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.


St Shine Optical Co 3-Year ROIIC % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where St Shine Optical Co's 3-Year ROIIC % falls into.


ROCO:1565
71GF Score
St Shine Optical Co Ltd ROCO:1565
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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St Shine Optical Co 3-Year ROIIC % Calculation

St Shine Optical 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**
=( 451.81233 (Dec. 2025) - 850.033116 (Dec. 2022) )/( 4767.503 (Dec. 2025) - 4984.877 (Dec. 2022) )
=-398.220786/-217.374
=183.20%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 183.20 mean?
St Shine Optical Co (ROCO:1565) has a 3-Year ROIIC % of 183.20 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 St Shine Optical Co and its competitors. This is 1410% above median its historical median of 12.13. According to the industry distribution chart, St Shine Optical Co ranks #57 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 7.2%.
Is St Shine Optical Co's 3-Year ROIIC % too high?
St Shine Optical Co's current 3-Year ROIIC % of 183.20 is 1410% above median its 10-year median of 12.13. The Medical Devices & Instruments industry median 3-Year ROIIC % is 1.52. St Shine Optical Co's value of 183.20 is 11952.6% above this industry median. Based on the distribution chart, St Shine Optical Co ranks #57 out of 794 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, St Shine Optical Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does St Shine Optical Co's 3-Year ROIIC % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, St Shine Optical Co ranks #57 out of 794 companies for 3-Year ROIIC %. This places St Shine Optical Co in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.52. St Shine Optical Co's value of 183.20 is 11952.6% above this benchmark. While the company's 10-year median is 12.13 vs. the industry median of 1.52, St Shine Optical Co has consistently been above the industry average. 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 Medical Devices & Instruments company?
The median 3-Year ROIIC % among Medical Devices & Instruments companies is 1.52, based on 794 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. St Shine Optical Co's current 3-Year ROIIC % of 183.20 is 11952.6% 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 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 St Shine Optical Co and its competitors. For the Medical Devices & Instruments industry, the median 3-Year ROIIC % is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. St Shine Optical Co's current 3-Year ROIIC % is 183.20, which is 1410% above median its own 10-year median of 12.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is St Shine Optical Co stock overvalued right now?
Based on GuruFocus' analysis, St Shine Optical Co (ROCO:1565) is currently considered Possible Value Trap. The stock's GF Value™ is NT$162.61, compared to a current price of NT$93.20 — trading 42.7% below its estimated fair value. The current 3-Year ROIIC % is 183.20, which is 1410% above median its 10-year median of 12.13 and 11952.6% above the Medical Devices & Instruments industry median of 1.52. St Shine Optical Co's overall GF Score™ is 71/100 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 St Shine Optical Co (ROCO:1565), the current 3-Year ROIIC % is 183.20 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 St Shine Optical Co (ROCO:1565) Overvalued in 2026?

Based on GuruFocus' analysis, St Shine Optical Co stock appears to be undervalued. The current stock price of NT$93.20 is trading 42.7% below its estimated GF Value™ of NT$162.61. GuruFocus considers St Shine Optical Co to be Possible Value Trap.

Key valuation signals for ROCO:1565:

  • 3-Year ROIIC %: 183.20 (1410% above median its 10-year median of 12.13)
  • GF Value™: NT$162.61 vs. price of NT$93.20 (42.7% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 11952.6% above the Medical Devices & Instruments median (#57 of 794)

No single metric tells the full story. See the ROCO:1565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


St Shine Optical Co Business Description

Address Datong Road, 5th Floor, No. 276, Section 1, Xizhi District, New Taipei City, TWN, 22146
St Shine Optical Co Ltd is engaged in the manufacturing and trading of contact lenses (soft and hard), optical lenses, and related products. Geographically, the company generates maximum of its revenue from Asia (excluding Taiwan), followed by Europe, Taiwan, and America.
71GF Score

Get the complete analysis for ROCO:1565

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

NT$93.20
Price
NT$162.61
GF Value