Axman Enterprise Co (ROCO:6804) 3-Year ROIIC % : -70.71% (As of Dec. 2025)

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ROCO:6804 Axman Enterprise Co Ltd ROCO:6804
67 GF Score
Price NT$18.00
GF Value NT$15.93
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Axman Enterprise Co 3-Year ROIIC %?

Axman Enterprise Co ROCO:6804 -1.91% 67 3-Year ROIIC % is -70.71 as of Dec. 2025. GuruFocus rates ROCO:6804 with a GF Score™ of 67/100 and a GF Value™ of NT$15.93 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 792 Travel & Leisure companies, Axman Enterprise Co ranks worse than 88.38% 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. Axman Enterprise Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -70.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:6804's 3-Year ROIIC % is ranked worse than
88.38% of 792 companies
in the Travel & Leisure industry
Industry Median: 3.965 vs ROCO:6804: -70.71

Axman Enterprise Co  (ROCO:6804) 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.


Axman Enterprise Co 3-Year ROIIC % Related Terms


Axman Enterprise Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Axman Enterprise 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.

Axman Enterprise Co 3-Year ROIIC % Chart

Axman Enterprise Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial 6.81 -78.31 787.16 36.64 -70.71

Axman Enterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 36.64 0.00 0.00 0.00 -70.71

ROCO:6804 vs AS, HAS, LTH: 3-Year ROIIC % Comparison

For the Leisure subindustry, Axman Enterprise 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.


Axman Enterprise Co 3-Year ROIIC % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Axman Enterprise Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Axman Enterprise Co's 3-Year ROIIC % falls into.


ROCO:6804
67GF Score
Axman Enterprise Co Ltd ROCO:6804
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axman Enterprise Co 3-Year ROIIC % Calculation

Axman Enterprise 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**
=( -83.1447246 (Dec. 2025) - 151.1127337 (Dec. 2022) )/( 1586.25 (Dec. 2025) - 1254.951 (Dec. 2022) )
=-234.2574583/331.299
=-70.71%***

* 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 -70.71 mean?
Axman Enterprise Co (ROCO:6804) has a 3-Year ROIIC % of -70.71 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 Axman Enterprise Co and its competitors. According to the industry distribution chart, Axman Enterprise Co ranks #700 out of 792 companies in the Travel & Leisure industry, placing it in the top 88.4%.
Is Axman Enterprise Co's 3-Year ROIIC % too high?
Axman Enterprise Co's current 3-Year ROIIC % is -70.71. Based on the distribution chart, Axman Enterprise Co ranks #700 out of 792 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Axman Enterprise Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axman Enterprise Co's 3-Year ROIIC % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Axman Enterprise Co ranks #700 out of 792 companies for 3-Year ROIIC %. This places Axman Enterprise Co in the lower half of its industry. The industry median 3-Year ROIIC % is 3.97. 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 3.97, based on 792 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. 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 Axman Enterprise Co and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axman Enterprise Co's current 3-Year ROIIC % is -70.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axman Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Axman Enterprise Co (ROCO:6804) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.93, compared to a current price of NT$18.00 — trading 13% above its estimated fair value. The current 3-Year ROIIC % is -70.71. Axman Enterprise Co's overall GF Score™ is 67/100 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 Axman Enterprise Co (ROCO:6804), the current 3-Year ROIIC % is -70.71 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 Axman Enterprise Co (ROCO:6804) Overvalued in 2026?

Based on GuruFocus' analysis, Axman Enterprise Co stock appears to be overvalued. The current stock price of NT$18.00 is trading 13% above its estimated GF Value™ of NT$15.93. GuruFocus considers Axman Enterprise Co to be Modestly Overvalued.

Key valuation signals for ROCO:6804:

  • 3-Year ROIIC %: -70.71
  • GF Value™: NT$15.93 vs. price of NT$18.00 (13% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axman Enterprise Co Business Description

Address Zhongshan Road, Section 3, No. 1, Dacun Township, Changhua County, Changhua, TWN, 515
Axman Enterprise Co Ltd is engaged in the design and manufacture of bicycles, road bikes, and mountain bikes. It also manufactures and supplies carbon fiber frame sets. Geographically, the company generates the majority of its revenue from America, and the rest from Canada, the United Kingdom, Germany, and other markets.
67GF Score

Get the complete analysis for ROCO:6804

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

NT$18.00
Price
NT$15.93
GF Value