Wafer Works (ROCO:6182) 3-Year ROIIC % : -22.77% (As of Dec. 2025)

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ROCO:6182 Wafer Works Corp ROCO:6182
52 GF Score
Price NT$108.00
GF Value NT$33.39
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Wafer Works 3-Year ROIIC %?

Wafer Works ROCO:6182 +3.85% 52 3-Year ROIIC % is -22.77 as of Dec. 2025. GuruFocus rates ROCO:6182 with a GF Score™ of 52/100 and a GF Value™ of NT$33.39 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 996 Semiconductors companies, Wafer Works ranks worse than 72.29% 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. Wafer Works's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -22.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:6182's 3-Year ROIIC % is ranked worse than
72.29% of 996 companies
in the Semiconductors industry
Industry Median: -0.19 vs ROCO:6182: -22.77

Wafer Works  (ROCO:6182) 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.


Wafer Works 3-Year ROIIC % Related Terms


Wafer Works 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Wafer Works'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.

Wafer Works 3-Year ROIIC % Chart

Wafer Works 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 -9.16 34.86 18.90 -36.71 -22.77

Wafer Works 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 -22.77 0.00

ROCO:6182 vs AMAT, LRCX, KLAC: 3-Year ROIIC % Comparison

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works 3-Year ROIIC % vs Semiconductors Industry

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

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


ROCO:6182
52GF Score
Wafer Works Corp ROCO:6182
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wafer Works 3-Year ROIIC % Calculation

Wafer Works'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**
=( 428.0770113 (Dec. 2025) - 2702.0053122 (Dec. 2022) )/( 30375.113 (Dec. 2025) - 20388.721 (Dec. 2022) )
=-2273.9283009/9986.392
=-22.77%***

* 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 -22.77 mean?
Wafer Works (ROCO:6182) has a 3-Year ROIIC % of -22.77 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 Wafer Works and its competitors. According to the industry distribution chart, Wafer Works ranks #720 out of 996 companies in the Semiconductors industry, placing it in the top 72.3%.
Is Wafer Works' 3-Year ROIIC % too high?
Wafer Works' current 3-Year ROIIC % is -22.77. Based on the distribution chart, Wafer Works ranks #720 out of 996 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Wafer Works has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wafer Works' 3-Year ROIIC % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Wafer Works ranks #720 out of 996 companies for 3-Year ROIIC %. This places Wafer Works in the lower half of its industry. 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 Wafer Works and its competitors. Wafer Works's current 3-Year ROIIC % is -22.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works stock overvalued right now?
Based on GuruFocus' analysis, Wafer Works (ROCO:6182) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$33.39, compared to a current price of NT$108.00 — trading 223.5% above its estimated fair value. The current 3-Year ROIIC % is -22.77. Wafer Works' overall GF Score™ is 52/100 with 9 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 Wafer Works (ROCO:6182), the current 3-Year ROIIC % is -22.77 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 Wafer Works (ROCO:6182) Overvalued in 2026?

Based on GuruFocus' analysis, Wafer Works stock appears to be overvalued. The current stock price of NT$108.00 is trading 223.5% above its estimated GF Value™ of NT$33.39. GuruFocus considers Wafer Works to be Significantly Overvalued.

Key valuation signals for ROCO:6182:

  • 3-Year ROIIC %: -22.77
  • GF Value™: NT$33.39 vs. price of NT$108.00 (223.5% above fair value)
  • GF Score™: 52/100 with 9 warning signs

No single metric tells the full story. See the ROCO:6182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wafer Works Business Description

Address No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp is a Taiwan-based company principally engaged in the R&D, design, manufacturing, and sales of semiconductor materials; the technique consulting business, service business, and trading for the above items. Its customized silicon wafer services are Polished wafers, Leijingjingyuan, SOI wafers, Gallium nitride epitaxial wafers, and Custom wafers. Its geographical segments include Taiwan, China (including Hong Kong), the United States, and Other countries. It generates the majority of its revenue from Taiwan. The Group's revenue is derived from the manufacture and sale of semiconductor wafers.
52GF Score

Get the complete analysis for ROCO:6182

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

NT$108.00
Price
NT$33.39
GF Value