T-win Systems (ROCO:3693) 3-Year ROIIC % : 67.21% (As of Dec. 2025) — 218% Above Median

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ROCO:3693 T-win Systems Inc ROCO:3693
65 GF Score
Price NT$501.00
GF Value NT$259.70
Valuation Significantly Overvalued
! 2 Warning Signs
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What is T-win Systems 3-Year ROIIC %?

T-win Systems ROCO:3693 +0.50% 65 3-Year ROIIC % is 67.21 as of Dec. 2025, which is 218% above its 10-year median of 21.12. GuruFocus rates ROCO:3693 with a GF Score™ of 65/100 and a GF Value™ of NT$259.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,369 Hardware companies, T-win Systems ranks better than 87.34% 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. T-win Systems's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 67.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for T-win Systems's 3-Year ROIIC % or its related term are showing as below:

ROCO:3693's 3-Year ROIIC % is ranked better than
87.34% of 2369 companies
in the Hardware industry
Industry Median: 2.35 vs ROCO:3693: 67.21

T-win Systems  (ROCO:3693) 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.


T-win Systems 3-Year ROIIC % Related Terms


T-win Systems 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for T-win Systems'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.

T-win Systems 3-Year ROIIC % Chart

T-win Systems 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 17.20 25.03 55.55 53.71 67.21

T-win Systems 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 67.21 0.00

ROCO:3693 vs DELL, ANET, SNDK: 3-Year ROIIC % Comparison

For the Computer Hardware subindustry, T-win Systems'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.


T-win Systems 3-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, T-win Systems's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where T-win Systems's 3-Year ROIIC % falls into.


ROCO:3693
65GF Score
T-win Systems Inc ROCO:3693
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T-win Systems 3-Year ROIIC % Calculation

T-win Systems'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**
=( 669.0850346 (Dec. 2025) - 417.963211 (Dec. 2022) )/( 3392.443 (Dec. 2025) - 3018.785 (Dec. 2022) )
=251.1218236/373.658
=67.21%***

* 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 67.21 mean?
T-win Systems (ROCO:3693) has a 3-Year ROIIC % of 67.21 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 T-win Systems and its competitors. This is 218% above median its historical median of 21.12. According to the industry distribution chart, T-win Systems ranks #300 out of 2369 companies in the Hardware industry, placing it in the top 12.7%.
Is T-win Systems' 3-Year ROIIC % too high?
T-win Systems' current 3-Year ROIIC % of 67.21 is 218% above median its 10-year median of 21.12. The Hardware industry median 3-Year ROIIC % is 2.35. T-win Systems' value of 67.21 is 2760% above this industry median. Based on the distribution chart, T-win Systems ranks #300 out of 2369 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, T-win Systems has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T-win Systems' 3-Year ROIIC % compare to DELL and ANET?
According to the Hardware industry distribution chart, T-win Systems ranks #300 out of 2369 companies for 3-Year ROIIC %. This places T-win Systems in the top 13% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. T-win Systems' value of 67.21 is 2760% above this benchmark. While the company's 10-year median is 21.12 vs. the industry median of 2.35, T-win Systems 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 2,369 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. T-win Systems's current 3-Year ROIIC % of 67.21 is 2760% 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 T-win Systems 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. T-win Systems's current 3-Year ROIIC % is 67.21, which is 218% above median its own 10-year median of 21.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-win Systems stock overvalued right now?
Based on GuruFocus' analysis, T-win Systems (ROCO:3693) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$259.70, compared to a current price of NT$501.00 — trading 92.9% above its estimated fair value. The current 3-Year ROIIC % is 67.21, which is 218% above median its 10-year median of 21.12 and 2760% above the Hardware industry median of 2.35. T-win Systems' overall GF Score™ is 65/100 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 T-win Systems (ROCO:3693), the current 3-Year ROIIC % is 67.21 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 T-win Systems (ROCO:3693) Overvalued in 2026?

Based on GuruFocus' analysis, T-win Systems stock appears to be overvalued. The current stock price of NT$501.00 is trading 92.9% above its estimated GF Value™ of NT$259.70. GuruFocus considers T-win Systems to be Significantly Overvalued.

Key valuation signals for ROCO:3693:

  • 3-Year ROIIC %: 67.21 (218% above median its 10-year median of 21.12)
  • GF Value™: NT$259.70 vs. price of NT$501.00 (92.9% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 2760% above the Hardware median (#300 of 2369)

No single metric tells the full story. See the ROCO:3693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T-win Systems Business Description

Address Lane 20, Daxing Road, No. 9, Lane 19, Luzhu District, Taoyuan Hsien, TWN
T-win Systems Inc provides OEM/ODM server and storage solutions including in-house design, validation, manufacturing and production, import and export of its expansive selection of products are flexible and can be configured to any form factor or custom configuration.
65GF Score

Get the complete analysis for ROCO:3693

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

NT$501.00
Price
NT$259.70
GF Value