Good Way Technology Co (ROCO:3272) 3-Year ROIIC % : 96.93% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ROCO:3272 Good Way Technology Co Ltd ROCO:3272
45 GF Score
Price NT$14.05
GF Value NT$22.25
Valuation Possible Value Trap
! 7 Warning Signs
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What is Good Way Technology Co 3-Year ROIIC %?

Good Way Technology Co ROCO:3272 +1.81% 45 3-Year ROIIC % is 96.93 as of Dec. 2025. GuruFocus rates ROCO:3272 with a GF Score™ of 45/100 and a GF Value™ of NT$22.25 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,369 Hardware companies, Good Way Technology Co ranks better than 90.67% 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. Good Way Technology Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 96.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:3272's 3-Year ROIIC % is ranked better than
90.67% of 2369 companies
in the Hardware industry
Industry Median: 2.35 vs ROCO:3272: 96.93

Good Way Technology Co  (ROCO:3272) 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.


Good Way Technology Co 3-Year ROIIC % Related Terms


Good Way Technology Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Good Way 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.

Good Way Technology Co 3-Year ROIIC % Chart

Good Way Technology 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 -5.60 10.08 -194.30 71.44 96.93

Good Way Technology 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 96.93 0.00

ROCO:3272 vs DELL, ANET, SNDK: 3-Year ROIIC % Comparison

For the Computer Hardware subindustry, Good Way 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.


Good Way Technology Co 3-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Good Way Technology Co's 3-Year ROIIC % distribution charts can be found below:

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


ROCO:3272
45GF Score
Good Way Technology Co Ltd ROCO:3272
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Good Way Technology Co 3-Year ROIIC % Calculation

Good Way Technology 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**
=( -357.206 (Dec. 2025) - 245.6628902 (Dec. 2022) )/( 3030.22 (Dec. 2025) - 3652.203 (Dec. 2022) )
=-602.8688902/-621.983
=96.93%***

* 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 96.93 mean?
Good Way Technology Co (ROCO:3272) has a 3-Year ROIIC % of 96.93 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 Good Way Technology Co and its competitors. According to the industry distribution chart, Good Way Technology Co ranks #221 out of 2369 companies in the Hardware industry, placing it in the top 9.3%.
Is Good Way Technology Co's 3-Year ROIIC % too high?
Good Way Technology Co's current 3-Year ROIIC % is 96.93. The Hardware industry median 3-Year ROIIC % is 2.35. Good Way Technology Co's value of 96.93 is 4024.7% above this industry median. Based on the distribution chart, Good Way Technology Co ranks #221 out of 2369 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Good Way Technology Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Good Way Technology Co's 3-Year ROIIC % compare to DELL and ANET?
According to the Hardware industry distribution chart, Good Way Technology Co ranks #221 out of 2369 companies for 3-Year ROIIC %. This places Good Way Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. Good Way Technology Co's value of 96.93 is 4024.7% above this benchmark. 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 2,369 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. Good Way Technology Co's current 3-Year ROIIC % of 96.93 is 4024.7% 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 Good Way Technology Co 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. Good Way Technology Co's current 3-Year ROIIC % is 96.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Way Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Good Way Technology Co (ROCO:3272) is currently considered Possible Value Trap. The stock's GF Value™ is NT$22.25, compared to a current price of NT$14.05 — trading 36.9% below its estimated fair value. The current 3-Year ROIIC % is 96.93 and 4024.7% above the Hardware industry median of 2.35. Good Way Technology Co's overall GF Score™ is 45/100 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 Good Way Technology Co (ROCO:3272), the current 3-Year ROIIC % is 96.93 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 Good Way Technology Co (ROCO:3272) Overvalued in 2026?

Based on GuruFocus' analysis, Good Way Technology Co stock appears to be undervalued. The current stock price of NT$14.05 is trading 36.9% below its estimated GF Value™ of NT$22.25. GuruFocus considers Good Way Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3272:

  • 3-Year ROIIC %: 96.93
  • GF Value™: NT$22.25 vs. price of NT$14.05 (36.9% below fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 4024.7% above the Hardware median (#221 of 2369)

No single metric tells the full story. See the ROCO:3272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Way Technology Co Business Description

Address No. 135, Lane. 235, Baociao Road, 3rd Floor, Sindian District, New Taipei City, TWN, 231
Good Way Technology Co Ltd is engaged in the manufacture of computers and USB peripherals products, multifunctional docking stations, video and audio converters, wireless peripherals products, Internet of Things application products, design, research, and development of software and import and export business of related materials of products. Geographically, it operates into segments: Taiwan, America, Asia, and Others. It derives maximum revenue from Taiwan.
45GF Score

Get the complete analysis for ROCO:3272

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

NT$14.05
Price
NT$22.25
GF Value