Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Advanced Ceramic X's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -2.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Advanced Ceramic X's 3-Year ROIIC % or its related term are showing as below:
ROCO:3152's 3-Year ROIIC % is ranked worse than 58.03% of 2371
companies
in the Hardware industry
Industry Median: 2.34
vs ROCO:3152: -2.64
Advanced Ceramic X (ROCO:3152) 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.
Advanced Ceramic X 3-Year ROIIC % Related Terms
Advanced Ceramic X 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Advanced Ceramic X'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:3152 vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, Advanced Ceramic X'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.
Advanced Ceramic X 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Advanced Ceramic X's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Advanced Ceramic X'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.
Advanced Ceramic X (ROCO:3152) has a 3-Year ROIIC % of -2.64 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 Advanced Ceramic X and its competitors. According to the industry distribution chart, Advanced Ceramic X ranks #1376 out of 2371 companies in the Hardware industry, placing it in the top 58%.
Is Advanced Ceramic X's 3-Year ROIIC % too high?
Advanced Ceramic X's current 3-Year ROIIC % is -2.64. Based on the distribution chart, Advanced Ceramic X ranks #1376 out of 2371 companies in the Hardware industry, which is below the industry midpoint. Overall, Advanced Ceramic X has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Ceramic X's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Advanced Ceramic X ranks #1376 out of 2371 companies for 3-Year ROIIC %. This places Advanced Ceramic X in the lower half of its industry. The industry median 3-Year ROIIC % is 2.34. 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,371 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. 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 Advanced Ceramic X and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Ceramic X's current 3-Year ROIIC % is -2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Ceramic X stock overvalued right now?
Based on GuruFocus' analysis, Advanced Ceramic X (ROCO:3152) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$262.43, compared to a current price of NT$218.50 — trading 16.7% below its estimated fair value. The current 3-Year ROIIC % is -2.64. Advanced Ceramic X's overall GF Score™ is 76/100 with 5 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 Advanced Ceramic X (ROCO:3152), the current 3-Year ROIIC % is -2.64 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 Advanced Ceramic X (ROCO:3152) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Ceramic X stock appears to be undervalued.
The current stock price of NT$218.50 is trading 16.7% below its estimated GF Value™ of NT$262.43.
GuruFocus considers Advanced Ceramic X to be Modestly Undervalued.
Key valuation signals for ROCO:3152:
3-Year ROIIC %: -2.64
GF Value™: NT$262.43 vs. price of NT$218.50 (16.7% below fair value)
No single metric tells the full story. See the ROCO:3152 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Ceramic X Corp manufactures high-frequency chip ceramic components and high-frequency components and modules for wireless communication. The business activities of the company are the design, manufacture and sale of RF front-end devices and modules for application in wireless communication. Its products include Antennas, Balun-Filters, Baluns, Coupler-Filters, Couplers, Band Pass Filters, Filter Arrays, High and Low Pass Filters, Diplexers, Saw-Triplexers, Triplexers, Power Dividers, FEM Series and High-Frequency Inductors. Geographically, it derives a majority of its revenue from China and also has a presence in the United States, Taiwan, Hong Kong, and Other Countries.
76GF Score
Get the complete analysis for ROCO:3152
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3152 has been successfully added to your 
