TTFB Co (ROCO:2729) 3-Year ROIIC % : 5.00% (As of Dec. 2025) — 53% Below Median

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ROCO:2729 TTFB Co Ltd ROCO:2729
76 GF Score
Price NT$159.50
GF Value NT$193.66
Valuation Modestly Undervalued
! 7 Warning Signs
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What is TTFB Co 3-Year ROIIC %?

TTFB Co ROCO:2729 -0.31% 76 3-Year ROIIC % is 5.00 as of Dec. 2025, which is 53% below its 10-year median of 10.65. GuruFocus rates ROCO:2729 with a GF Score™ of 76/100 and a GF Value™ of NT$193.66 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 336 Restaurants companies, TTFB Co ranks better than 53.57% 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. TTFB Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:2729's 3-Year ROIIC % is ranked better than
53.57% of 336 companies
in the Restaurants industry
Industry Median: 3.02 vs ROCO:2729: 5.00

TTFB Co  (ROCO:2729) 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.


TTFB Co 3-Year ROIIC % Related Terms


TTFB Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for TTFB 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.

TTFB Co 3-Year ROIIC % Chart

TTFB 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 -7.36 28.59 6,748.99 34.96 5.00

TTFB 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 5.00 0.00

ROCO:2729 vs MCD, SBUX, YUM: 3-Year ROIIC % Comparison

For the Restaurants subindustry, TTFB 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.


TTFB Co 3-Year ROIIC % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TTFB Co's 3-Year ROIIC % distribution charts can be found below:

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


ROCO:2729
76GF Score
TTFB Co Ltd ROCO:2729
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TTFB Co 3-Year ROIIC % Calculation

TTFB 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**
=( 282.4423784 (Dec. 2025) - 124.3129245 (Dec. 2022) )/( 6792.029 (Dec. 2025) - 3629.487 (Dec. 2022) )
=158.1294539/3162.542
=5.00%***

* 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 5.00 mean?
TTFB Co (ROCO:2729) has a 3-Year ROIIC % of 5.00 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 TTFB Co and its competitors. This is 53% below median its historical median of 10.65. According to the industry distribution chart, TTFB Co ranks #156 out of 336 companies in the Restaurants industry, placing it in the top 46.4%.
Is TTFB Co's 3-Year ROIIC % too high?
TTFB Co's current 3-Year ROIIC % of 5.00 is 53% below median its 10-year median of 10.65. The Restaurants industry median 3-Year ROIIC % is 3.02. TTFB Co's value of 5.00 is 65.6% above this industry median. Based on the distribution chart, TTFB Co ranks #156 out of 336 companies in the Restaurants industry, which is above the industry midpoint. Overall, TTFB Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TTFB Co's 3-Year ROIIC % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, TTFB Co ranks #156 out of 336 companies for 3-Year ROIIC %. This puts TTFB Co in the upper half of its industry. The industry median 3-Year ROIIC % is 3.02. TTFB Co's value of 5.00 is 65.6% above this benchmark. While the company's 10-year median is 10.65 vs. the industry median of 3.02, TTFB 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 Restaurants company?
The median 3-Year ROIIC % among Restaurants companies is 3.02, based on 336 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. TTFB Co's current 3-Year ROIIC % of 5.00 is 65.6% 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 TTFB Co and its competitors. For the Restaurants industry, the median 3-Year ROIIC % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTFB Co's current 3-Year ROIIC % is 5.00, which is 53% below median its own 10-year median of 10.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTFB Co stock overvalued right now?
Based on GuruFocus' analysis, TTFB Co (ROCO:2729) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$193.66, compared to a current price of NT$159.50 — trading 17.6% below its estimated fair value. The current 3-Year ROIIC % is 5.00, which is 53% below median its 10-year median of 10.65 and 65.6% above the Restaurants industry median of 3.02. TTFB Co's overall GF Score™ is 76/100 with 7 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 TTFB Co (ROCO:2729), the current 3-Year ROIIC % is 5.00 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 TTFB Co (ROCO:2729) Overvalued in 2026?

Based on GuruFocus' analysis, TTFB Co stock appears to be undervalued. The current stock price of NT$159.50 is trading 17.6% below its estimated GF Value™ of NT$193.66. GuruFocus considers TTFB Co to be Modestly Undervalued.

Key valuation signals for ROCO:2729:

  • 3-Year ROIIC %: 5.00 (53% below median its 10-year median of 10.65)
  • GF Value™: NT$193.66 vs. price of NT$159.50 (17.6% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 65.6% above the Restaurants median (#156 of 336)

No single metric tells the full story. See the ROCO:2729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TTFB Co Business Description

Address Jianyi Road, 7th Floor - 1, No. 176, Zhonghe District, New Taipei City, TWN, 235
TTFB Co Ltd is engaged in the operation of the oriental food chain restaurant. The operates restaurants under different brands, which are Thai Town Cuisine, VeryThai Restaurant, SHANN Rice Bar, 1010 Hunan Cuisine, SHANN SHANN, YABI, BHEART Noodles, BO BO TTFB, and the Diner. The company's operating segments are reported as Taiwan, which derives maximum revenue from the Catering business segment, and Mainland China.
76GF Score

Get the complete analysis for ROCO:2729

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

NT$159.50
Price
NT$193.66
GF Value