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Howteh Technology CoROCO:3114 +5.15%65 3-Year ROIIC % is 45.72 as of Dec. 2025, which is 247% above its 10-year median of 13.18. GuruFocus rates ROCO:3114 with a GF Score™ of 65/100 and a GF Value™ of NT$28.53 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 152 Industrial Distribution companies, Howteh Technology Co ranks better than 88.82% 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.
Howteh Technology Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 45.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Howteh Technology Co's 3-Year ROIIC % or its related term are showing as below:
ROCO:3114's 3-Year ROIIC % is ranked better than 88.82% of 152
companies
in the Industrial Distribution industry
Industry Median: 2.52
vs ROCO:3114: 45.72
Howteh Technology Co (ROCO:3114) 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.
Howteh Technology Co 3-Year ROIIC % Related Terms
Howteh Technology Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Howteh Technology 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.
ROCO:3114 vs GWW, FAST, FERG: 3-Year ROIIC % Comparison
For the Industrial Distribution subindustry, Howteh Technology 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.
Howteh Technology Co 3-Year ROIIC % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Howteh Technology Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Howteh Technology Co's 3-Year ROIIC % falls into.
* 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.
Howteh Technology Co (ROCO:3114) has a 3-Year ROIIC % of 45.72 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 Howteh Technology Co and its competitors. This is 247% above median its historical median of 13.18. According to the industry distribution chart, Howteh Technology Co ranks #17 out of 152 companies in the Industrial Distribution industry, placing it in the top 11.2%.
Is Howteh Technology Co's 3-Year ROIIC % too high?
Howteh Technology Co's current 3-Year ROIIC % of 45.72 is 247% above median its 10-year median of 13.18. The Industrial Distribution industry median 3-Year ROIIC % is 2.52. Howteh Technology Co's value of 45.72 is 1714.3% above this industry median. Based on the distribution chart, Howteh Technology Co ranks #17 out of 152 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Howteh Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howteh Technology Co's 3-Year ROIIC % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Howteh Technology Co ranks #17 out of 152 companies for 3-Year ROIIC %. This places Howteh Technology Co in the top 11% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.52. Howteh Technology Co's value of 45.72 is 1714.3% above this benchmark. While the company's 10-year median is 13.18 vs. the industry median of 2.52, Howteh Technology 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 an Industrial Distribution company?
The median 3-Year ROIIC % among Industrial Distribution companies is 2.52, based on 152 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. Howteh Technology Co's current 3-Year ROIIC % of 45.72 is 1714.3% 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 Howteh Technology Co and its competitors. For the Industrial Distribution industry, the median 3-Year ROIIC % is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howteh Technology Co's current 3-Year ROIIC % is 45.72, which is 247% above median its own 10-year median of 13.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howteh Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Howteh Technology Co (ROCO:3114) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.53, compared to a current price of NT$38.80 — trading 36% above its estimated fair value. The current 3-Year ROIIC % is 45.72, which is 247% above median its 10-year median of 13.18 and 1714.3% above the Industrial Distribution industry median of 2.52. Howteh Technology Co's overall GF Score™ is 65/100 with 2 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 Howteh Technology Co (ROCO:3114), the current 3-Year ROIIC % is 45.72 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 Howteh Technology Co (ROCO:3114) Overvalued in 2026?
Based on GuruFocus' analysis, Howteh Technology Co stock appears to be overvalued.
The current stock price of NT$38.80 is trading 36% above its estimated GF Value™ of NT$28.53.
GuruFocus considers Howteh Technology Co to be Significantly Overvalued.
Key valuation signals for ROCO:3114:
3-Year ROIIC %: 45.72 (247% above median its 10-year median of 13.18)
GF Value™: NT$28.53 vs. price of NT$38.80 (36% above fair value)
Industry Position: 1714.3% above the Industrial Distribution median (#17 of 152)
No single metric tells the full story. See the ROCO:3114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howteh Technology Co Ltd is engaged mainly in trading and agency business in passive electronic components, active electronic components, integrated circuit carrier board equipment, chemicals and raw materials, semiconductors and optical equipment. Its operating segment includes Taiwan Segment responsible for the agency sales of electronic components and process equipment in Taiwan; and China and South East Asia segment responsible for the distribution of electronic components in Eastern and Southern China (including Hongkong) and Vietnam. The majority of the revenue is derived from the Taiwan segment.
65GF Score
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