Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fong Chien Construction CoROCO:5523 37 3-Year ROIIC % is 8.30 as of Dec. 2025, which is 7445% above its 10-year median of 0.11. GuruFocus rates ROCO:5523 with a GF Score™ of 37/100 and a GF Value™ of NT$0.10 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,666 Real Estate companies, Fong Chien Construction Co ranks better than 71.49% 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.
Fong Chien Construction Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 8.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Fong Chien Construction Co's 3-Year ROIIC % or its related term are showing as below:
ROCO:5523's 3-Year ROIIC % is ranked better than 71.49% of 1666
companies
in the Real Estate industry
Industry Median: 2.27
vs ROCO:5523: 8.30
Fong Chien Construction Co (ROCO:5523) 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.
Fong Chien Construction Co 3-Year ROIIC % Related Terms
Fong Chien Construction 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:5523 vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison
For the Real Estate Services subindustry, Fong Chien Construction 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.
Fong Chien Construction Co 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Fong Chien Construction Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Fong Chien Construction Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -19.0841672 (Dec. 2025) - 16.4778 (Dec. 2022) )
/
( 5043.434 (Dec. 2025) - 5471.951 (Dec. 2022) )
=
-35.5619672
/
-428.517
=
8.30%***
* 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.
Fong Chien Construction Co (ROCO:5523) has a 3-Year ROIIC % of 8.30 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 Fong Chien Construction Co and its competitors. This is 7445% above median its historical median of 0.11. According to the industry distribution chart, Fong Chien Construction Co ranks #475 out of 1666 companies in the Real Estate industry, placing it in the top 28.5%.
Is Fong Chien Construction Co's 3-Year ROIIC % too high?
Fong Chien Construction Co's current 3-Year ROIIC % of 8.30 is 7445% above median its 10-year median of 0.11. The Real Estate industry median 3-Year ROIIC % is 2.27. Fong Chien Construction Co's value of 8.30 is 265.6% above this industry median. Based on the distribution chart, Fong Chien Construction Co ranks #475 out of 1666 companies in the Real Estate industry, which is above the industry midpoint. Overall, Fong Chien Construction Co has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fong Chien Construction Co's 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fong Chien Construction Co ranks #475 out of 1666 companies for 3-Year ROIIC %. This puts Fong Chien Construction Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.27. Fong Chien Construction Co's value of 8.30 is 265.6% above this benchmark. While the company's 10-year median is 0.11 vs. the industry median of 2.27, Fong Chien Construction 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.27, based on 1,666 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. Fong Chien Construction Co's current 3-Year ROIIC % of 8.30 is 265.6% 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 Fong Chien Construction Co and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fong Chien Construction Co's current 3-Year ROIIC % is 8.30, which is 7445% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fong Chien Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Fong Chien Construction Co (ROCO:5523) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.10, compared to a current price of NT$30.35 — trading 30250% above its estimated fair value. The current 3-Year ROIIC % is 8.30, which is 7445% above median its 10-year median of 0.11 and 265.6% above the Real Estate industry median of 2.27. Fong Chien Construction Co's overall GF Score™ is 37/100 with 8 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 Fong Chien Construction Co (ROCO:5523), the current 3-Year ROIIC % is 8.30 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 Fong Chien Construction Co (ROCO:5523) Overvalued in 2026?
Based on GuruFocus' analysis, Fong Chien Construction Co stock appears to be overvalued.
The current stock price of NT$30.35 is trading 30250% above its estimated GF Value™ of NT$0.10.
GuruFocus considers Fong Chien Construction Co to be Significantly Overvalued.
Key valuation signals for ROCO:5523:
3-Year ROIIC %: 8.30 (7445% above median its 10-year median of 0.11)
GF Value™: NT$0.10 vs. price of NT$30.35 (30250% above fair value)
Industry Position: 265.6% above the Real Estate median (#475 of 1666)
No single metric tells the full story. See the ROCO:5523 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fong Chien Construction Co Ltd is engaged in mandating construction enterprises to build public housing, leases and sales of commercial buildings, trading, import and export of building materials. The operating segment of the company is the Construction division. Geographically, the firm generates all of its revenue from Taiwan.
37GF Score
Get the complete analysis for ROCO:5523
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:5523 has been successfully added to your 
