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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.
New Era Electronics Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -45.07%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for New Era Electronics Co's 3-Year ROIIC % or its related term are showing as below:
ROCO:4909's 3-Year ROIIC % is ranked worse than 84.6% of 2370
companies
in the Hardware industry
Industry Median: 2.35
vs ROCO:4909: -45.07
New Era Electronics Co (ROCO:4909) 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.
New Era Electronics Co 3-Year ROIIC % Related Terms
New Era Electronics Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for New Era Electronics 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.
ROCO:4909 vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, New Era Electronics 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.
New Era Electronics Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, New Era Electronics Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where New Era Electronics Co's 3-Year ROIIC % falls into.
* 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.
New Era Electronics Co (ROCO:4909) has a 3-Year ROIIC % of -45.07 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 New Era Electronics Co and its competitors. According to the industry distribution chart, New Era Electronics Co ranks #2005 out of 2370 companies in the Hardware industry, placing it in the top 84.6%.
Is New Era Electronics Co's 3-Year ROIIC % too high?
New Era Electronics Co's current 3-Year ROIIC % is -45.07. Based on the distribution chart, New Era Electronics Co ranks #2005 out of 2370 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, New Era Electronics Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Era Electronics Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, New Era Electronics Co ranks #2005 out of 2370 companies for 3-Year ROIIC %. This places New Era Electronics Co in the lower half of its industry. The industry median 3-Year ROIIC % is 2.35. 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 2,370 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. 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 New Era Electronics 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. New Era Electronics Co's current 3-Year ROIIC % is -45.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Era Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, New Era Electronics Co (ROCO:4909) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.91, compared to a current price of NT$36.35 — trading 233.2% above its estimated fair value. The current 3-Year ROIIC % is -45.07. New Era Electronics Co's overall GF Score™ is 44/100 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 New Era Electronics Co (ROCO:4909), the current 3-Year ROIIC % is -45.07 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 New Era Electronics Co (ROCO:4909) Overvalued in 2026?
Based on GuruFocus' analysis, New Era Electronics Co stock appears to be overvalued.
The current stock price of NT$36.35 is trading 233.2% above its estimated GF Value™ of NT$10.91.
GuruFocus considers New Era Electronics Co to be Significantly Overvalued.
Key valuation signals for ROCO:4909:
3-Year ROIIC %: -45.07
GF Value™: NT$10.91 vs. price of NT$36.35 (233.2% above fair value)
No single metric tells the full story. See the ROCO:4909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Era Electronics Co Ltd is a Taiwan-based company that engages in the manufacture, and sale of printed circuit boards (PCB). The company is also engaged in the import and export of electronic products, electronic component manufacturing, telecommunications construction, wholesale of telecommunications apparatus, and wholesale and retail sales of electronic materials. The products of the company include high-frequency (HF) microwave communication substrates and printed circuit boards (PCBs).
44GF Score
Get the complete analysis for ROCO:4909
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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