Changing Information Technology (ROCO:8272) 3-Year ROIIC % : 10.97% (As of Dec. 2025) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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ROCO:8272 Changing Information Technology Inc ROCO:8272
67 GF Score
Price NT$64.40
GF Value NT$92.90
Valuation Significantly Undervalued
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What is Changing Information Technology 3-Year ROIIC %?

Changing Information Technology ROCO:8272 +0.16% 67 3-Year ROIIC % is 10.97 as of Dec. 2025, which is at its 10-year median of 10.97. GuruFocus rates ROCO:8272 with a GF Score™ of 67/100 and a GF Value™ of NT$92.90 (Significantly Undervalued). Among 2,625 Software companies, Changing Information Technology ranks better than 58.78% 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. Changing Information Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 10.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:8272's 3-Year ROIIC % is ranked better than
58.78% of 2625 companies
in the Software industry
Industry Median: 5.2 vs ROCO:8272: 10.97

Changing Information Technology  (ROCO:8272) 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.


Changing Information Technology 3-Year ROIIC % Related Terms


Changing Information Technology 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Changing Information 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.

Changing Information Technology 3-Year ROIIC % Chart

Changing Information Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 99.22 -7.96 10.97

Changing Information Technology Quarterly Data
Dec19 Dec20 Dec21 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 0.00 0.00 0.00 10.97 0.00

ROCO:8272 vs MSFT, ORCL, PLTR: 3-Year ROIIC % Comparison

For the Software - Infrastructure subindustry, Changing Information 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.


Changing Information Technology 3-Year ROIIC % vs Software Industry

For the Software industry and Technology sector, Changing Information Technology's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Changing Information Technology's 3-Year ROIIC % falls into.


ROCO:8272
67GF Score
Changing Information Technology Inc ROCO:8272
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changing Information Technology 3-Year ROIIC % Calculation

Changing Information Technology'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**
=( 82.8045218 (Dec. 2025) - 81.1105024 (Dec. 2022) )/( 80.71 (Dec. 2025) - 65.268 (Dec. 2022) )
=1.6940194/15.442
=10.97%***

* 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 10.97 mean?
Changing Information Technology (ROCO:8272) has a 3-Year ROIIC % of 10.97 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 Changing Information Technology and its competitors. This is near median its historical median of 10.97. According to the industry distribution chart, Changing Information Technology ranks #1082 out of 2625 companies in the Software industry, placing it in the top 41.2%.
Is Changing Information Technology's 3-Year ROIIC % too high?
Changing Information Technology's current 3-Year ROIIC % of 10.97 is near median its 10-year median of 10.97. The Software industry median 3-Year ROIIC % is 5.20. Changing Information Technology's value of 10.97 is 111% above this industry median. Based on the distribution chart, Changing Information Technology ranks #1082 out of 2625 companies in the Software industry, which is above the industry midpoint. Overall, Changing Information Technology has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changing Information Technology's 3-Year ROIIC % compare to MSFT and ORCL?
According to the Software industry distribution chart, Changing Information Technology ranks #1082 out of 2625 companies for 3-Year ROIIC %. This puts Changing Information Technology in the upper half of its industry. The industry median 3-Year ROIIC % is 5.20. Changing Information Technology's value of 10.97 is 111% above this benchmark. While the company's 10-year median is 10.97 vs. the industry median of 5.20, Changing Information 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 a Software company?
The median 3-Year ROIIC % among Software companies is 5.20, based on 2,625 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. Changing Information Technology's current 3-Year ROIIC % of 10.97 is 111% 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 Changing Information Technology and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changing Information Technology's current 3-Year ROIIC % is 10.97, which is near median its own 10-year median of 10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changing Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Changing Information Technology (ROCO:8272) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$92.90, compared to a current price of NT$64.40 — trading 30.7% below its estimated fair value. The current 3-Year ROIIC % is 10.97, which is near median its 10-year median of 10.97 and 111% above the Software industry median of 5.20. Changing Information Technology's overall GF Score™ is 67/100. 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 Changing Information Technology (ROCO:8272), the current 3-Year ROIIC % is 10.97 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 Changing Information Technology (ROCO:8272) Overvalued in 2026?

Based on GuruFocus' analysis, Changing Information Technology stock appears to be undervalued. The current stock price of NT$64.40 is trading 30.7% below its estimated GF Value™ of NT$92.90. GuruFocus considers Changing Information Technology to be Significantly Undervalued.

Key valuation signals for ROCO:8272:

  • 3-Year ROIIC %: 10.97 (near median its 10-year median of 10.97)
  • GF Value™: NT$92.90 vs. price of NT$64.40 (30.7% below fair value)
  • GF Score™: 67/100
  • Industry Position: 111% above the Software median (#1082 of 2625)

No single metric tells the full story. See the ROCO:8272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changing Information Technology Business Description

Address 2nd Floor, 48 Park Ave.2, Hsinchu Science Park, Hsinchu, TWN, 30844
Changing Information Technology Inc principally engages in information software services, data processing services, electronic information supply services, and the research, development, production, manufacturing, and sales of various types of media, internet, image application, and text recognition application software and systems. The Company's reportable operating segment consists of a single department mainly engaged in the research, development, production, manufacture, and sales of information software services, data processing services, electronic information supply services, and packaged software for various media, the Internet, imaging applications, and optical character recognition. The company generates maximum revenue from Taiwan.
67GF Score

Get the complete analysis for ROCO:8272

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

NT$64.40
Price
NT$92.90
GF Value