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.
Nova TechnologyROCO:6613 -2.43%85 3-Year ROIIC % is 19.95 as of Dec. 2025, which is at its 10-year median of 19.95. GuruFocus rates ROCO:6613 with a GF Score™ of 85/100 and a GF Value™ of NT$162.02 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,925 Industrial Products companies, Nova Technology ranks better than 73.37% 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.
Nova Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 19.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nova Technology's 3-Year ROIIC % or its related term are showing as below:
ROCO:6613's 3-Year ROIIC % is ranked better than 73.37% of 2925
companies
in the Industrial Products industry
Industry Median: 3.47
vs ROCO:6613: 19.95
Nova Technology (ROCO:6613) 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.
Nova Technology 3-Year ROIIC % Related Terms
Nova Technology 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nova 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.
ROCO:6613 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Nova 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.
Nova Technology 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nova Technology's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nova Technology'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.
Nova Technology (ROCO:6613) has a 3-Year ROIIC % of 19.95 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 Nova Technology and its competitors. This is near median its historical median of 19.95. According to the industry distribution chart, Nova Technology ranks #779 out of 2925 companies in the Industrial Products industry, placing it in the top 26.6%.
Is Nova Technology's 3-Year ROIIC % too high?
Nova Technology's current 3-Year ROIIC % of 19.95 is near median its 10-year median of 19.95. The Industrial Products industry median 3-Year ROIIC % is 3.47. Nova Technology's value of 19.95 is 474.9% above this industry median. Based on the distribution chart, Nova Technology ranks #779 out of 2925 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nova Technology has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova Technology's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nova Technology ranks #779 out of 2925 companies for 3-Year ROIIC %. This puts Nova Technology in the upper half of its industry. The industry median 3-Year ROIIC % is 3.47. Nova Technology's value of 19.95 is 474.9% above this benchmark. While the company's 10-year median is 19.95 vs. the industry median of 3.47, Nova Technology 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.47, based on 2,925 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. Nova Technology's current 3-Year ROIIC % of 19.95 is 474.9% 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 Nova Technology and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Technology's current 3-Year ROIIC % is 19.95, which is near median its own 10-year median of 19.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Technology stock overvalued right now?
Based on GuruFocus' analysis, Nova Technology (ROCO:6613) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$162.02, compared to a current price of NT$260.50 — trading 60.8% above its estimated fair value. The current 3-Year ROIIC % is 19.95, which is near median its 10-year median of 19.95 and 474.9% above the Industrial Products industry median of 3.47. Nova Technology's overall GF Score™ is 85/100 with 5 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 Nova Technology (ROCO:6613), the current 3-Year ROIIC % is 19.95 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 Nova Technology (ROCO:6613) Overvalued in 2026?
Based on GuruFocus' analysis, Nova Technology stock appears to be overvalued.
The current stock price of NT$260.50 is trading 60.8% above its estimated GF Value™ of NT$162.02.
GuruFocus considers Nova Technology to be Significantly Overvalued.
Key valuation signals for ROCO:6613:
3-Year ROIIC %: 19.95 (near median its 10-year median of 19.95)
GF Value™: NT$162.02 vs. price of NT$260.50 (60.8% above fair value)
Industry Position: 474.9% above the Industrial Products median (#779 of 2925)
No single metric tells the full story. See the ROCO:6613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Technology Corp is engaged in import and export, pipeline assembly, and maintenance engineering for various electronic, computer parts and accessories, equipment, chemical materials, and gas components. The company is engaged in implementing and improving High-purity chemical supply and dispensing systems, Special gas supply systems, High-end wet process cleaning equipment, Stripping fluid regeneration systems, and Electronic-grade chemical production and packaging systems, among others, for its clients. Its reportable segments are: China, which generates the maximum revenue, Taiwan, and Others.
85GF Score
Get the complete analysis for ROCO:6613
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:6613 has been successfully added to your 
