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First Hi-Tec CoROCO:5439 83 3-Year ROIIC % is 33.49 as of Dec. 2025, which is 40% above its 10-year median of 23.99. GuruFocus rates ROCO:5439 with a GF Score™ of 83/100 and a GF Value™ of NT$325.58 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,370 Hardware companies, First Hi-Tec Co ranks better than 78.82% 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.
First Hi-Tec Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 33.49%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for First Hi-Tec Co's 3-Year ROIIC % or its related term are showing as below:
ROCO:5439's 3-Year ROIIC % is ranked better than 78.82% of 2370
companies
in the Hardware industry
Industry Median: 2.375
vs ROCO:5439: 33.49
First Hi-Tec Co (ROCO:5439) 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.
First Hi-Tec Co 3-Year ROIIC % Related Terms
First Hi-Tec Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for First Hi-Tec 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:5439 vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, First Hi-Tec 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.
First Hi-Tec Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, First Hi-Tec Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where First Hi-Tec 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.
First Hi-Tec Co (ROCO:5439) has a 3-Year ROIIC % of 33.49 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 First Hi-Tec Co and its competitors. This is 40% above median its historical median of 23.99. According to the industry distribution chart, First Hi-Tec Co ranks #502 out of 2370 companies in the Hardware industry, placing it in the top 21.2%.
Is First Hi-Tec Co's 3-Year ROIIC % too high?
First Hi-Tec Co's current 3-Year ROIIC % of 33.49 is 40% above median its 10-year median of 23.99. The Hardware industry median 3-Year ROIIC % is 2.38. First Hi-Tec Co's value of 33.49 is 1310.1% above this industry median. Based on the distribution chart, First Hi-Tec Co ranks #502 out of 2370 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, First Hi-Tec Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hi-Tec Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, First Hi-Tec Co ranks #502 out of 2370 companies for 3-Year ROIIC %. This places First Hi-Tec Co in the top 21% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.38. First Hi-Tec Co's value of 33.49 is 1310.1% above this benchmark. While the company's 10-year median is 23.99 vs. the industry median of 2.38, First Hi-Tec Co 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 2.38, 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. First Hi-Tec Co's current 3-Year ROIIC % of 33.49 is 1310.1% 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 First Hi-Tec Co and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Hi-Tec Co's current 3-Year ROIIC % is 33.49, which is 40% above median its own 10-year median of 23.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hi-Tec Co stock overvalued right now?
Based on GuruFocus' analysis, First Hi-Tec Co (ROCO:5439) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$325.58, compared to a current price of NT$241.00 — trading 26% below its estimated fair value. The current 3-Year ROIIC % is 33.49, which is 40% above median its 10-year median of 23.99 and 1310.1% above the Hardware industry median of 2.38. First Hi-Tec Co's overall GF Score™ is 83/100 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 First Hi-Tec Co (ROCO:5439), the current 3-Year ROIIC % is 33.49 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 First Hi-Tec Co (ROCO:5439) Overvalued in 2026?
Based on GuruFocus' analysis, First Hi-Tec Co stock appears to be undervalued.
The current stock price of NT$241.00 is trading 26% below its estimated GF Value™ of NT$325.58.
GuruFocus considers First Hi-Tec Co to be Modestly Undervalued.
Key valuation signals for ROCO:5439:
3-Year ROIIC %: 33.49 (40% above median its 10-year median of 23.99)
GF Value™: NT$325.58 vs. price of NT$241.00 (26% below fair value)
Industry Position: 1310.1% above the Hardware median (#502 of 2370)
No single metric tells the full story. See the ROCO:5439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Hi-Tec Co Ltd main business is manufacture and sales of PCB and computer peripherals, etc. The Company is engaged in production and sales of electronic equipment and wholesale of components, etc. The group is only engaged in manufacturing and trading of PCB and computer peripherals, which belong to a single industry, the operating segments and reportable segments are single segment. The company has presence in Taiwan, Asia, and Others. The company generates majority of revenue from Taiwan. The company's products are Automotive, Semiconductor and others, Power Control Modules Robot, Telecom, Layer Counts, Application Type, Capability, and Roadmap.
83GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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