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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.
Horng Tong Enterprise Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 218.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Horng Tong Enterprise Co's 3-Year ROIIC % or its related term are showing as below:
ROCO:5271's 3-Year ROIIC % is ranked better than 95.32% of 2371
companies
in the Hardware industry
Industry Median: 2.34
vs ROCO:5271: 218.30
Horng Tong Enterprise Co (ROCO:5271) 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.
Horng Tong Enterprise Co 3-Year ROIIC % Related Terms
Horng Tong Enterprise Co 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:5271 vs DELL, ANET, SNDK: 3-Year ROIIC % Comparison
For the Computer Hardware subindustry, Horng Tong Enterprise 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.
Horng Tong Enterprise Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Horng Tong Enterprise Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Horng Tong Enterprise Co's 3-Year ROIIC % falls into.
Horng Tong Enterprise Co 3-Year ROIIC % Calculation
Horng Tong Enterprise Co'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**
=
( 32.717 (Dec. 2025) - -79.69 (Dec. 2022) )
/
( 804.986 (Dec. 2025) - 753.494 (Dec. 2022) )
=
112.407
/
51.492
=
218.30%***
* 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.
Horng Tong Enterprise Co (ROCO:5271) has a 3-Year ROIIC % of 218.30 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 Horng Tong Enterprise Co and its competitors. According to the industry distribution chart, Horng Tong Enterprise Co ranks #111 out of 2371 companies in the Hardware industry, placing it in the top 4.7%.
Is Horng Tong Enterprise Co's 3-Year ROIIC % too high?
Horng Tong Enterprise Co's current 3-Year ROIIC % is 218.30. The Hardware industry median 3-Year ROIIC % is 2.34. Horng Tong Enterprise Co's value of 218.30 is 9229.1% above this industry median. Based on the distribution chart, Horng Tong Enterprise Co ranks #111 out of 2371 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Horng Tong Enterprise Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horng Tong Enterprise Co's 3-Year ROIIC % compare to DELL and ANET?
According to the Hardware industry distribution chart, Horng Tong Enterprise Co ranks #111 out of 2371 companies for 3-Year ROIIC %. This places Horng Tong Enterprise Co in the top 5% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. Horng Tong Enterprise Co's value of 218.30 is 9229.1% 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 2.34, based on 2,371 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. Horng Tong Enterprise Co's current 3-Year ROIIC % of 218.30 is 9229.1% 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 Horng Tong Enterprise Co and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horng Tong Enterprise Co's current 3-Year ROIIC % is 218.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Tong Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Horng Tong Enterprise Co (ROCO:5271) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$8.83, compared to a current price of NT$10.90 — trading 23.4% above its estimated fair value. The current 3-Year ROIIC % is 218.30 and 9229.1% above the Hardware industry median of 2.34. Horng Tong Enterprise Co's overall GF Score™ is 52/100 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 Horng Tong Enterprise Co (ROCO:5271), the current 3-Year ROIIC % is 218.30 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 Horng Tong Enterprise Co (ROCO:5271) Overvalued in 2026?
Based on GuruFocus' analysis, Horng Tong Enterprise Co stock appears to be overvalued.
The current stock price of NT$10.90 is trading 23.4% above its estimated GF Value™ of NT$8.83.
GuruFocus considers Horng Tong Enterprise Co to be Modestly Overvalued.
Key valuation signals for ROCO:5271:
3-Year ROIIC %: 218.30
GF Value™: NT$8.83 vs. price of NT$10.90 (23.4% above fair value)
Industry Position: 9229.1% above the Hardware median (#111 of 2371)
No single metric tells the full story. See the ROCO:5271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horng Tong Enterprise Co Ltd is a Taiwan based connector provider company. The company is engaged in designing, manufacturing and sales of consumer electronics products. Its main products include Motherboard, Notebook, connectors and TV/SET TOP BOX.
52GF Score
Get the complete analysis for ROCO:5271
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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