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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.
Phoenix Pioneer Technology Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 23.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Phoenix Pioneer Technology Co (ROCO:6920) 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.
Phoenix Pioneer Technology Co 3-Year ROIIC % Related Terms
Phoenix Pioneer Technology 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.
Phoenix Pioneer Technology Co 3-Year ROIIC % Chart
ROCO:6920 vs AMAT, LRCX, KLAC: 3-Year ROIIC % Comparison
For the Semiconductor Equipment & Materials subindustry, Phoenix Pioneer 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.
Phoenix Pioneer Technology Co 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Phoenix Pioneer Technology Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Phoenix Pioneer Technology Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -371.493 (Dec. 2025) - 89.808 (Dec. 2022) )
/
( 2158.765 (Dec. 2025) - 4155.283 (Dec. 2022) )
=
-461.301
/
-1996.518
=
23.11%***
* 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.
Phoenix Pioneer Technology Co (ROCO:6920) has a 3-Year ROIIC % of 23.11 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 Phoenix Pioneer Technology Co and its competitors. This is 187% above median its historical median of 8.06. According to the industry distribution chart, Phoenix Pioneer Technology Co ranks #274 out of 995 companies in the Semiconductors industry, placing it in the top 27.5%.
Is Phoenix Pioneer Technology Co's 3-Year ROIIC % too high?
Phoenix Pioneer Technology Co's current 3-Year ROIIC % of 23.11 is 187% above median its 10-year median of 8.06. Based on the distribution chart, Phoenix Pioneer Technology Co ranks #274 out of 995 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Phoenix Pioneer Technology Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Pioneer Technology Co's 3-Year ROIIC % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Phoenix Pioneer Technology Co ranks #274 out of 995 companies for 3-Year ROIIC %. This puts Phoenix Pioneer Technology Co in the upper 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 Phoenix Pioneer Technology Co and its competitors. Phoenix Pioneer Technology Co's current 3-Year ROIIC % is 23.11, which is 187% above median its own 10-year median of 8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Pioneer Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Pioneer Technology Co (ROCO:6920) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.55, compared to a current price of NT$76.90 — trading 169.4% above its estimated fair value. The current 3-Year ROIIC % is 23.11, which is 187% above median its 10-year median of 8.06. Phoenix Pioneer Technology Co's overall GF Score™ is 41/100 with 2 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 Phoenix Pioneer Technology Co (ROCO:6920), the current 3-Year ROIIC % is 23.11 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 Phoenix Pioneer Technology Co (ROCO:6920) Overvalued in 2026?
Based on GuruFocus' analysis, Phoenix Pioneer Technology Co stock appears to be overvalued.
The current stock price of NT$76.90 is trading 169.4% above its estimated GF Value™ of NT$28.55.
GuruFocus considers Phoenix Pioneer Technology Co to be Significantly Overvalued.
Key valuation signals for ROCO:6920:
3-Year ROIIC %: 23.11 (187% above median its 10-year median of 8.06)
GF Value™: NT$28.55 vs. price of NT$76.90 (169.4% above fair value)
No single metric tells the full story. See the ROCO:6920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phoenix Pioneer Technology Co Ltd primary business is the research, development, and manufacturing of precision IC carrier boards. Geographically, the company generates the majority of its revenue from Taiwan.
41GF Score
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