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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.
Taiwan Special Chemicals's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 17.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Taiwan Special Chemicals's 3-Year ROIIC % or its related term are showing as below:
ROCO:4772's 3-Year ROIIC % is ranked better than 75.67% of 1521
companies
in the Chemicals industry
Industry Median: 0.02
vs ROCO:4772: 17.33
Taiwan Special Chemicals (ROCO:4772) 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.
Taiwan Special Chemicals 3-Year ROIIC % Related Terms
Taiwan Special Chemicals 3-Year ROIIC % Historical Data
* 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:4772 vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Taiwan Special Chemicals'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.
Taiwan Special Chemicals 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiwan Special Chemicals's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Taiwan Special Chemicals's 3-Year ROIIC % falls into.
Taiwan Special Chemicals 3-Year ROIIC % Calculation
Taiwan Special Chemicals'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**
=
( 718.409016 (Dec. 2025) - 180.648 (Dec. 2022) )
/
( 4756.326 (Dec. 2025) - 1652.734 (Dec. 2022) )
=
537.761016
/
3103.592
=
17.33%***
* 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.
Taiwan Special Chemicals (ROCO:4772) has a 3-Year ROIIC % of 17.33 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 Taiwan Special Chemicals and its competitors. According to the industry distribution chart, Taiwan Special Chemicals ranks #370 out of 1521 companies in the Chemicals industry, placing it in the top 24.3%.
Is Taiwan Special Chemicals' 3-Year ROIIC % too high?
Taiwan Special Chemicals' current 3-Year ROIIC % is 17.33. The Chemicals industry median 3-Year ROIIC % is 0.02. Taiwan Special Chemicals' value of 17.33 is 86550% above this industry median. Based on the distribution chart, Taiwan Special Chemicals ranks #370 out of 1521 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Special Chemicals has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Special Chemicals' 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Special Chemicals ranks #370 out of 1521 companies for 3-Year ROIIC %. This places Taiwan Special Chemicals in the top 24% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 0.02. Taiwan Special Chemicals' value of 17.33 is 86550% 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 Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.02, based on 1,521 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. Taiwan Special Chemicals's current 3-Year ROIIC % of 17.33 is 86550% 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 Taiwan Special Chemicals and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Special Chemicals's current 3-Year ROIIC % is 17.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Special Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Special Chemicals (ROCO:4772) is currently considered Possible Value Trap. The stock's GF Value™ is NT$696.31, compared to a current price of NT$216.50 — trading 68.9% below its estimated fair value. The current 3-Year ROIIC % is 17.33 and 86550% above the Chemicals industry median of 0.02. Taiwan Special Chemicals' overall GF Score™ is 63/100 with 1 warning sign 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 Taiwan Special Chemicals (ROCO:4772), the current 3-Year ROIIC % is 17.33 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 Taiwan Special Chemicals (ROCO:4772) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Special Chemicals stock appears to be undervalued.
The current stock price of NT$216.50 is trading 68.9% below its estimated GF Value™ of NT$696.31.
GuruFocus considers Taiwan Special Chemicals to be Possible Value Trap.
Key valuation signals for ROCO:4772:
3-Year ROIIC %: 17.33
GF Value™: NT$696.31 vs. price of NT$216.50 (68.9% below fair value)
Industry Position: 86550% above the Chemicals median (#370 of 1521)
No single metric tells the full story. See the ROCO:4772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Special Chemicals Corp develops and manufactures semiconductor specialty gases (SEG) and semiconductor chemical materials (SEC), and is engaged in the sale and production of precision chemical materials, as well as the cleaning, maintenance, and refurbishment services for semiconductor equipment and components. It generates maximum revenue from the sale of specialty chemical materials. Geographically, the company generates maximum revenue from Taiwan, followed by other Asian regions, America, Northeast Asia (Japan and Korea), and Europe.
63GF Score
Get the complete analysis for ROCO:4772
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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