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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.
Skardin Industrial's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 108.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Skardin Industrial's 3-Year ROIIC % or its related term are showing as below:
ROCO:3466's 3-Year ROIIC % is ranked better than 91.39% of 2368
companies
in the Hardware industry
Industry Median: 2.35
vs ROCO:3466: 108.24
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.
Skardin Industrial 3-Year ROIIC % Related Terms
Skardin Industrial 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Skardin Industrial'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:3466 vs CSCO, MSI, HPE: 3-Year ROIIC % Comparison
For the Communication Equipment subindustry, Skardin Industrial'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.
Skardin Industrial 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Skardin Industrial's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Skardin Industrial's 3-Year ROIIC % falls into.
Skardin Industrial'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**
=
( -189.52 (Dec. 2025) - -24.5017989 (Dec. 2022) )
/
( 637.67 (Dec. 2025) - 790.132 (Dec. 2022) )
=
-165.0182011
/
-152.462
=
108.24%***
* 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.
Skardin Industrial (ROCO:3466) has a 3-Year ROIIC % of 108.24 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 Skardin Industrial and its competitors. According to the industry distribution chart, Skardin Industrial ranks #204 out of 2368 companies in the Hardware industry, placing it in the top 8.6%.
Is Skardin Industrial's 3-Year ROIIC % too high?
Skardin Industrial's current 3-Year ROIIC % is 108.24. The Hardware industry median 3-Year ROIIC % is 2.35. Skardin Industrial's value of 108.24 is 4506% above this industry median. Based on the distribution chart, Skardin Industrial ranks #204 out of 2368 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Skardin Industrial has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skardin Industrial's 3-Year ROIIC % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Skardin Industrial ranks #204 out of 2368 companies for 3-Year ROIIC %. This places Skardin Industrial in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. Skardin Industrial's value of 108.24 is 4506% 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 2,368 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. Skardin Industrial's current 3-Year ROIIC % of 108.24 is 4506% 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 Skardin Industrial 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. Skardin Industrial's current 3-Year ROIIC % is 108.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skardin Industrial stock overvalued right now?
Based on GuruFocus' analysis, Skardin Industrial (ROCO:3466) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.24, compared to a current price of NT$24.50 — trading 85% above its estimated fair value. The current 3-Year ROIIC % is 108.24 and 4506% above the Hardware industry median of 2.35. Skardin Industrial's overall GF Score™ is 50/100 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 Skardin Industrial (ROCO:3466), the current 3-Year ROIIC % is 108.24 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 Skardin Industrial (ROCO:3466) Overvalued in 2026?
Based on GuruFocus' analysis, Skardin Industrial stock appears to be overvalued.
The current stock price of NT$24.50 is trading 85% above its estimated GF Value™ of NT$13.24.
GuruFocus considers Skardin Industrial to be Significantly Overvalued.
Key valuation signals for ROCO:3466:
3-Year ROIIC %: 108.24
GF Value™: NT$13.24 vs. price of NT$24.50 (85% above fair value)
Industry Position: 4506% above the Hardware median (#204 of 2368)
No single metric tells the full story. See the ROCO:3466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skardin Industrial Corp manufactures and distributes set-top boxes. Its products include analog satellite receivers, digital satellite receivers, digital terrestrial receivers, and digital cable receivers, among others. The company comprises two business activities: the Satellite TV Department and the Renewable Energy Department. The majority of its revenue is derived from the Satellite TV Department, which is engaged in research, development, manufacturing, processing, and sales of satellite TV reception systems.
50GF Score
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