Chang Wah Technology Co (ROCO:6548) 3-Year ROIIC % : -68.88% (As of Dec. 2025)

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ROCO:6548 Chang Wah Technology Co Ltd ROCO:6548
71 GF Score
Price NT$65.00
GF Value NT$41.73
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Chang Wah Technology Co 3-Year ROIIC %?

Chang Wah Technology Co ROCO:6548 +9.98% 71 3-Year ROIIC % is -68.88 as of Dec. 2025. GuruFocus rates ROCO:6548 with a GF Score™ of 71/100 and a GF Value™ of NT$41.73 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 995 Semiconductors companies, Chang Wah Technology Co ranks worse than 86.33% 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. Chang Wah Technology Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -68.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:6548's 3-Year ROIIC % is ranked worse than
86.33% of 995 companies
in the Semiconductors industry
Industry Median: -0.2 vs ROCO:6548: -68.88

Chang Wah Technology Co  (ROCO:6548) 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.


Chang Wah Technology Co 3-Year ROIIC % Related Terms


Chang Wah Technology Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Chang Wah Technology 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.

Chang Wah Technology Co 3-Year ROIIC % Chart

Chang Wah Technology Co 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 58.61 54.65 8.74 -12.99 -68.88

Chang Wah Technology Co 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 -68.88 0.00

ROCO:6548 vs NVDA, AVGO, MU: 3-Year ROIIC % Comparison

For the Semiconductors subindustry, Chang Wah Technology 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.


Chang Wah Technology Co 3-Year ROIIC % vs Semiconductors Industry

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

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


ROCO:6548
71GF Score
Chang Wah Technology Co Ltd ROCO:6548
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chang Wah Technology Co 3-Year ROIIC % Calculation

Chang Wah Technology 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**
=( 1362.133703 (Dec. 2025) - 2448.8896016 (Dec. 2022) )/( 10681.556 (Dec. 2025) - 9103.78 (Dec. 2022) )
=-1086.7558986/1577.776
=-68.88%***

* 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 -68.88 mean?
Chang Wah Technology Co (ROCO:6548) has a 3-Year ROIIC % of -68.88 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 Chang Wah Technology Co and its competitors. According to the industry distribution chart, Chang Wah Technology Co ranks #859 out of 995 companies in the Semiconductors industry, placing it in the top 86.3%.
Is Chang Wah Technology Co's 3-Year ROIIC % too high?
Chang Wah Technology Co's current 3-Year ROIIC % is -68.88. Based on the distribution chart, Chang Wah Technology Co ranks #859 out of 995 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Chang Wah Technology Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Wah Technology Co's 3-Year ROIIC % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Chang Wah Technology Co ranks #859 out of 995 companies for 3-Year ROIIC %. This places Chang Wah Technology Co 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 Chang Wah Technology Co and its competitors. Chang Wah Technology Co's current 3-Year ROIIC % is -68.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Wah Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chang Wah Technology Co (ROCO:6548) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.73, compared to a current price of NT$65.00 — trading 55.8% above its estimated fair value. The current 3-Year ROIIC % is -68.88. Chang Wah Technology Co's overall GF Score™ is 71/100 with 3 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 Chang Wah Technology Co (ROCO:6548), the current 3-Year ROIIC % is -68.88 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 Chang Wah Technology Co (ROCO:6548) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Wah Technology Co stock appears to be overvalued. The current stock price of NT$65.00 is trading 55.8% above its estimated GF Value™ of NT$41.73. GuruFocus considers Chang Wah Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:6548:

  • 3-Year ROIIC %: -68.88
  • GF Value™: NT$41.73 vs. price of NT$65.00 (55.8% above fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Wah Technology Co Business Description

Address No. 24, Kaifa Road, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Technology Co Ltd mainly manufactures industrial plastic products and electronics components, and sells electronics components and machinery, and tools. The company focuses on manufacturing semiconductor frames, offering different products such as IC-Pin lead Frame, IC-Leadless lead Frame, IC-Special surface treatment, EMC lead frame, and PreMold lead frame. Along with its subsidiaries, the company operates in the following reportable segments: CWTC, CWTS, SHAP, Shing Zheng Investment, SHEC, SHPC, SHS, MSHE, WSP, and CWES. Maximum revenue is generated from its CWTC segment. Geographically, the group operates in Taiwan, Asia, and other regions.
71GF Score

Get the complete analysis for ROCO:6548

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

NT$65.00
Price
NT$41.73
GF Value