Aspeed Technology (ROCO:5274) 3-Year ROIIC % : 153.56% (As of Dec. 2025) — 124% Above Median

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ROCO:5274 Aspeed Technology Inc ROCO:5274
81 GF Score
Price NT$15,500.00
GF Value NT$9,034.76
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Aspeed Technology 3-Year ROIIC %?

Aspeed Technology ROCO:5274 -2.97% 81 3-Year ROIIC % is 153.56 as of Dec. 2025, which is 124% above its 10-year median of 68.55. GuruFocus rates ROCO:5274 with a GF Score™ of 81/100 and a GF Value™ of NT$9,034.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 995 Semiconductors companies, Aspeed Technology ranks better than 93.37% 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. Aspeed Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 153.56%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:5274's 3-Year ROIIC % is ranked better than
93.37% of 995 companies
in the Semiconductors industry
Industry Median: -0.18 vs ROCO:5274: 153.56

Aspeed Technology  (ROCO:5274) 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.


Aspeed Technology 3-Year ROIIC % Related Terms


Aspeed Technology 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Aspeed Technology'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.

Aspeed Technology 3-Year ROIIC % Chart

Aspeed Technology 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 595.16 1,159.52 -18.01 108.69 153.56

Aspeed Technology 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 0.00 153.56 0.00

ROCO:5274 vs NVDA, AVGO, MU: 3-Year ROIIC % Comparison

For the Semiconductors subindustry, Aspeed Technology'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.


Aspeed Technology 3-Year ROIIC % vs Semiconductors Industry

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

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


ROCO:5274
81GF Score
Aspeed Technology Inc ROCO:5274
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspeed Technology 3-Year ROIIC % Calculation

Aspeed Technology'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**
=( 3770.217487 (Dec. 2025) - 1971.8760204 (Dec. 2022) )/( 2763.341 (Dec. 2025) - 1592.254 (Dec. 2022) )
=1798.3414666/1171.087
=153.56%***

* 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 153.56 mean?
Aspeed Technology (ROCO:5274) has a 3-Year ROIIC % of 153.56 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 Aspeed Technology and its competitors. This is 124% above median its historical median of 68.55. According to the industry distribution chart, Aspeed Technology ranks #66 out of 995 companies in the Semiconductors industry, placing it in the top 6.6%.
Is Aspeed Technology's 3-Year ROIIC % too high?
Aspeed Technology's current 3-Year ROIIC % of 153.56 is 124% above median its 10-year median of 68.55. Based on the distribution chart, Aspeed Technology ranks #66 out of 995 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Aspeed Technology has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspeed Technology's 3-Year ROIIC % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Aspeed Technology ranks #66 out of 995 companies for 3-Year ROIIC %. This places Aspeed Technology in the top 7% of its industry — outperforming the majority of peers. 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 Aspeed Technology and its competitors. Aspeed Technology's current 3-Year ROIIC % is 153.56, which is 124% above median its own 10-year median of 68.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspeed Technology stock overvalued right now?
Based on GuruFocus' analysis, Aspeed Technology (ROCO:5274) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9,034.76, compared to a current price of NT$15,500.00 — trading 71.6% above its estimated fair value. The current 3-Year ROIIC % is 153.56, which is 124% above median its 10-year median of 68.55. Aspeed Technology's overall GF Score™ is 81/100 with 4 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 Aspeed Technology (ROCO:5274), the current 3-Year ROIIC % is 153.56 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 Aspeed Technology (ROCO:5274) Overvalued in 2026?

Based on GuruFocus' analysis, Aspeed Technology stock appears to be overvalued. The current stock price of NT$15,500.00 is trading 71.6% above its estimated GF Value™ of NT$9,034.76. GuruFocus considers Aspeed Technology to be Significantly Overvalued.

Key valuation signals for ROCO:5274:

  • 3-Year ROIIC %: 153.56 (124% above median its 10-year median of 68.55)
  • GF Value™: NT$9,034.76 vs. price of NT$15,500.00 (71.6% above fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the ROCO:5274 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aspeed Technology Business Description

Address Gongdao 5th Road, 4th Floor, No. 1, Section 3, East District, Hsinchu, TWN, 300042
Aspeed Technology Inc is an IC design house in Server Management, PC/AV extension solutions, Desktop Virtualization and security enhancement. The company is engaged in the manufacturing of electronic products, wholesale of information software, retail and service industry, international trade, intellectual property, product design, and other industrial and commercial services. It operates through Multimedia Integrated Circuits (ICs); Computer Peripherals Oriented ICs; and Other segments. The company generates maximum of its revenue from Multimedia Integrated Circuits (ICs) segment.
81GF Score

Get the complete analysis for ROCO:5274

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

NT$15,500.00
Price
NT$9,034.76
GF Value