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Horng Terng Automation CoROCO:7751 +0.36%22 3-Year ROIIC % is 66.73 as of Dec. 2025, which is at its 10-year median of 66.73. GuruFocus rates ROCO:7751 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 995 Semiconductors companies, Horng Terng Automation Co ranks better than 84.52% 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.
Horng Terng Automation Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 66.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Horng Terng Automation Co's 3-Year ROIIC % or its related term are showing as below:
ROCO:7751's 3-Year ROIIC % is ranked better than 84.52% of 995
companies
in the Semiconductors industry
Industry Median: -0.18
vs ROCO:7751: 66.73
Horng Terng Automation Co (ROCO:7751) 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.
Horng Terng Automation Co 3-Year ROIIC % Related Terms
Horng Terng Automation 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.
ROCO:7751 vs AMAT, LRCX, KLAC: 3-Year ROIIC % Comparison
For the Semiconductor Equipment & Materials subindustry, Horng Terng Automation 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.
Horng Terng Automation Co 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Horng Terng Automation Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Horng Terng Automation Co'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.
Horng Terng Automation Co (ROCO:7751) has a 3-Year ROIIC % of 66.73 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 Horng Terng Automation Co and its competitors. This is near median its historical median of 66.73. Over the past decade, Horng Terng Automation Co's 3-Year ROIIC % has ranged from 66.73 to 66.73. According to the industry distribution chart, Horng Terng Automation Co ranks #154 out of 995 companies in the Semiconductors industry, placing it in the top 15.5%.
Is Horng Terng Automation Co's 3-Year ROIIC % too high?
Horng Terng Automation Co's current 3-Year ROIIC % of 66.73 is near median its 10-year median of 66.73. Over the past 10 years, this metric has ranged from a low of 66.73 to a high of 66.73. Based on the distribution chart, Horng Terng Automation Co ranks #154 out of 995 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Horng Terng Automation Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Horng Terng Automation Co's 3-Year ROIIC % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Horng Terng Automation Co ranks #154 out of 995 companies for 3-Year ROIIC %. This places Horng Terng Automation Co in the top 16% of its industry — outperforming the majority of peers. Historically, Horng Terng Automation Co's own 3-Year ROIIC % has ranged from 66.73 to 66.73 over the past decade. 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 Horng Terng Automation Co and its competitors. Horng Terng Automation Co's current 3-Year ROIIC % is 66.73, which is near median its own 10-year median of 66.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Terng Automation Co stock overvalued right now?
Horng Terng Automation Co (ROCO:7751) has a current 3-Year ROIIC % of 66.73. The current 3-Year ROIIC % is 66.73, which is near median its 10-year median of 66.73. Horng Terng Automation Co's overall GF Score™ is 22/100 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 Horng Terng Automation Co (ROCO:7751), the current 3-Year ROIIC % is 66.73 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.
Horng Terng Automation Co Ltd is a Company that concentrates all its efforts on continuous research and development and upgrading of skills, providing complete technologies and equipment to customers, and providing customized equipment development and design, detection efficiency improvement, equipment integration and application, and other immediate and complete solutions based on customer development trends. The Company generates revenue from the research and development, manufacturing, and sale of semiconductor automation equipment. It mainly focuses on the R&D, production, and sale of semiconductor automation equipment.
22GF Score
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