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Micro Base TechnologyROCO:3184 -4.07%64 3-Year ROIIC % is 44.75 as of Dec. 2025, which is 22% above its 10-year median of 36.69. GuruFocus rates ROCO:3184 with a GF Score™ of 64/100 and a GF Value™ of NT$17.41 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,368 Hardware companies, Micro Base Technology ranks better than 82.98% 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.
Micro Base Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 44.75%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Micro Base Technology's 3-Year ROIIC % or its related term are showing as below:
ROCO:3184's 3-Year ROIIC % is ranked better than 82.98% of 2368
companies
in the Hardware industry
Industry Median: 2.35
vs ROCO:3184: 44.75
Micro Base Technology (ROCO:3184) 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.
Micro Base Technology 3-Year ROIIC % Related Terms
Micro Base Technology 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Micro Base Technology'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:3184 vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, Micro Base Technology'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.
Micro Base Technology 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Micro Base Technology's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Micro Base Technology's 3-Year ROIIC % falls into.
Micro Base Technology'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**
=
( 45.87 (Dec. 2025) - -8.5587165 (Dec. 2022) )
/
( 539.699 (Dec. 2025) - 418.071 (Dec. 2022) )
=
54.4287165
/
121.628
=
44.75%***
* 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.
Micro Base Technology (ROCO:3184) has a 3-Year ROIIC % of 44.75 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 Micro Base Technology and its competitors. This is 22% above median its historical median of 36.69. According to the industry distribution chart, Micro Base Technology ranks #403 out of 2368 companies in the Hardware industry, placing it in the top 17%.
Is Micro Base Technology's 3-Year ROIIC % too high?
Micro Base Technology's current 3-Year ROIIC % of 44.75 is 22% above median its 10-year median of 36.69. The Hardware industry median 3-Year ROIIC % is 2.35. Micro Base Technology's value of 44.75 is 1804.3% above this industry median. Based on the distribution chart, Micro Base Technology ranks #403 out of 2368 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Micro Base Technology has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micro Base Technology's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Micro Base Technology ranks #403 out of 2368 companies for 3-Year ROIIC %. This places Micro Base Technology in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. Micro Base Technology's value of 44.75 is 1804.3% above this benchmark. While the company's 10-year median is 36.69 vs. the industry median of 2.35, Micro Base Technology 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.35, based on 2,368 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. Micro Base Technology's current 3-Year ROIIC % of 44.75 is 1804.3% 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 Micro Base Technology and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micro Base Technology's current 3-Year ROIIC % is 44.75, which is 22% above median its own 10-year median of 36.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Base Technology stock overvalued right now?
Based on GuruFocus' analysis, Micro Base Technology (ROCO:3184) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.41, compared to a current price of NT$12.95 — trading 25.6% below its estimated fair value. The current 3-Year ROIIC % is 44.75, which is 22% above median its 10-year median of 36.69 and 1804.3% above the Hardware industry median of 2.35. Micro Base Technology's overall GF Score™ is 64/100 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 Micro Base Technology (ROCO:3184), the current 3-Year ROIIC % is 44.75 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 Micro Base Technology (ROCO:3184) Overvalued in 2026?
Based on GuruFocus' analysis, Micro Base Technology stock appears to be undervalued.
The current stock price of NT$12.95 is trading 25.6% below its estimated GF Value™ of NT$17.41.
GuruFocus considers Micro Base Technology to be Modestly Undervalued.
Key valuation signals for ROCO:3184:
3-Year ROIIC %: 44.75 (22% above median its 10-year median of 36.69)
GF Value™: NT$17.41 vs. price of NT$12.95 (25.6% below fair value)
Industry Position: 1804.3% above the Hardware median (#403 of 2368)
No single metric tells the full story. See the ROCO:3184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micro Base Technology Corp is engaged in the development of Laser LIGA, a non-silicon-based micromachining technology. It is involved in the research and development, manufacturing, and sale of miniaturized devices, and micron-scale parts and systems in Taiwan. The company offers its products under three categories namely electronic, beauty, and medical devices. It also engaged in designing and consulting business.
64GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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