Etrend Hightech (ROCO:3567) 3-Year ROIIC % : 39.13% (As of Dec. 2025) — 17% Above Median

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ROCO:3567 Etrend Hightech Corp ROCO:3567
71 GF Score
Price NT$25.60
GF Value NT$25.63
Valuation Fairly Valued
! 5 Warning Signs
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What is Etrend Hightech 3-Year ROIIC %?

Etrend Hightech ROCO:3567 +1.79% 71 3-Year ROIIC % is 39.13 as of Dec. 2025, which is 17% above its 10-year median of 33.49. GuruFocus rates ROCO:3567 with a GF Score™ of 71/100 and a GF Value™ of NT$25.63 (Fairly Valued). The stock has 5 warning signs investors should review. Among 995 Semiconductors companies, Etrend Hightech ranks better than 79.3% 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. Etrend Hightech's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 39.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Etrend Hightech's 3-Year ROIIC % or its related term are showing as below:

ROCO:3567's 3-Year ROIIC % is ranked better than
79.3% of 995 companies
in the Semiconductors industry
Industry Median: -0.2 vs ROCO:3567: 39.13

Etrend Hightech  (ROCO:3567) 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.


Etrend Hightech 3-Year ROIIC % Related Terms


Etrend Hightech 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Etrend Hightech'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.

Etrend Hightech 3-Year ROIIC % Chart

Etrend Hightech 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 5.32 19.80 59.45 23.71 39.13

Etrend Hightech 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 39.13 0.00

ROCO:3567 vs NVDA, AVGO, MU: 3-Year ROIIC % Comparison

For the Semiconductors subindustry, Etrend Hightech'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.


Etrend Hightech 3-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Etrend Hightech's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Etrend Hightech's 3-Year ROIIC % falls into.


ROCO:3567
71GF Score
Etrend Hightech Corp ROCO:3567
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Etrend Hightech 3-Year ROIIC % Calculation

Etrend Hightech'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**
=( 33.8918265 (Dec. 2025) - 73.5898975 (Dec. 2022) )/( 432.588 (Dec. 2025) - 534.036 (Dec. 2022) )
=-39.698071/-101.448
=39.13%***

* 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 39.13 mean?
Etrend Hightech (ROCO:3567) has a 3-Year ROIIC % of 39.13 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 Etrend Hightech and its competitors. This is 17% above median its historical median of 33.49. Over the past decade, Etrend Hightech's 3-Year ROIIC % has ranged from 5.32 to 397.85. According to the industry distribution chart, Etrend Hightech ranks #206 out of 995 companies in the Semiconductors industry, placing it in the top 20.7%.
Is Etrend Hightech's 3-Year ROIIC % too high?
Etrend Hightech's current 3-Year ROIIC % of 39.13 is 17% above median its 10-year median of 33.49. Over the past 10 years, this metric has ranged from a low of 5.32 to a high of 397.85. Based on the distribution chart, Etrend Hightech ranks #206 out of 995 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Etrend Hightech has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Etrend Hightech's 3-Year ROIIC % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Etrend Hightech ranks #206 out of 995 companies for 3-Year ROIIC %. This places Etrend Hightech in the top 21% of its industry — outperforming the majority of peers. Historically, Etrend Hightech's own 3-Year ROIIC % has ranged from 5.32 to 397.85 over the past decade. 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 Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. 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 Etrend Hightech and its competitors. Etrend Hightech's current 3-Year ROIIC % is 39.13, which is 17% above median its own 10-year median of 33.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etrend Hightech stock overvalued right now?
Based on GuruFocus' analysis, Etrend Hightech (ROCO:3567) is currently considered Fairly Valued. The stock's GF Value™ is NT$25.63, compared to a current price of NT$25.60 — trading 0.1% below its estimated fair value. The current 3-Year ROIIC % is 39.13, which is 17% above median its 10-year median of 33.49. Etrend Hightech's overall GF Score™ is 71/100 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 Etrend Hightech (ROCO:3567), the current 3-Year ROIIC % is 39.13 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 Etrend Hightech (ROCO:3567) Overvalued in 2026?

Based on GuruFocus' analysis, Etrend Hightech stock appears to be undervalued. The current stock price of NT$25.60 is trading 0.1% below its estimated GF Value™ of NT$25.63. GuruFocus considers Etrend Hightech to be Fairly Valued.

Key valuation signals for ROCO:3567:

  • 3-Year ROIIC %: 39.13 (17% above median its 10-year median of 33.49)
  • GF Value™: NT$25.63 vs. price of NT$25.60 (0.1% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the ROCO:3567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Etrend Hightech Business Description

Address No.35, Xintai Road, 1st Floor, 4th Floor, Zhubei, Hsin-chu, TWN, 302
Etrend Hightech Corp provides analog and mixed-signal integrated circuits testing services. Its services include test program development, probe card/load board/DUT board design, kit design, test process flow design and test production.
71GF Score

Get the complete analysis for ROCO:3567

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

NT$25.60
Price
NT$25.63
GF Value