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Hey-SongTPE:1234 +0.45%66 3-Year ROIIC % is -10.16 as of Dec. 2025. GuruFocus rates TPE:1234 with a GF Score™ of 66/100 and a GF Value™ of NT$37.51 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 106 Beverages - Non-Alcoholic companies, Hey-Song ranks worse than 78.3% 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.
Hey-Song's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -10.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hey-Song's 3-Year ROIIC % or its related term are showing as below:
TPE:1234's 3-Year ROIIC % is ranked worse than 78.3% of 106
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 10.505
vs TPE:1234: -10.16
Hey-Song (TPE:1234) 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.
Hey-Song 3-Year ROIIC % Related Terms
Hey-Song 3-Year ROIIC % Historical Data
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The historical data trend for Hey-Song'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.
TPE:1234 vs KO, PEP, MNST: 3-Year ROIIC % Comparison
For the Beverages - Non-Alcoholic subindustry, Hey-Song'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.
Hey-Song 3-Year ROIIC % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hey-Song's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hey-Song'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.
Hey-Song (TPE:1234) has a 3-Year ROIIC % of -10.16 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 Hey-Song and its competitors. According to the industry distribution chart, Hey-Song ranks #83 out of 106 companies in the Beverages - Non-Alcoholic industry, placing it in the top 78.3%.
Is Hey-Song's 3-Year ROIIC % too high?
Hey-Song's current 3-Year ROIIC % is -10.16. Based on the distribution chart, Hey-Song ranks #83 out of 106 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Hey-Song has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hey-Song's 3-Year ROIIC % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Hey-Song ranks #83 out of 106 companies for 3-Year ROIIC %. This places Hey-Song in the lower half of its industry. The industry median 3-Year ROIIC % is 10.51. 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 Beverages - Non-Alcoholic company?
The median 3-Year ROIIC % among Beverages - Non-Alcoholic companies is 10.51, based on 106 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 Hey-Song and its competitors. For the Beverages - Non-Alcoholic industry, the median 3-Year ROIIC % is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hey-Song's current 3-Year ROIIC % is -10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hey-Song stock overvalued right now?
Based on GuruFocus' analysis, Hey-Song (TPE:1234) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.51, compared to a current price of NT$33.80 — trading 9.9% below its estimated fair value. The current 3-Year ROIIC % is -10.16. Hey-Song's overall GF Score™ is 66/100 with 9 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 Hey-Song (TPE:1234), the current 3-Year ROIIC % is -10.16 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 Hey-Song (TPE:1234) Overvalued in 2026?
Based on GuruFocus' analysis, Hey-Song stock appears to be undervalued.
The current stock price of NT$33.80 is trading 9.9% below its estimated GF Value™ of NT$37.51.
GuruFocus considers Hey-Song to be Modestly Undervalued.
Key valuation signals for TPE:1234:
3-Year ROIIC %: -10.16
GF Value™: NT$37.51 vs. price of NT$33.80 (9.9% below fair value)
No single metric tells the full story. See the TPE:1234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hey-Song Corp is a Taiwanese company engaged in the production and sale of beverages bearing its brand, OEM production and distribution of beverages for other brands, and distribution and sale of domestic and imported liquors. It produces a diversified range of alcoholic and non-alcoholic beverages, including tea, coffee, brandy, wine, whisky, juice, Chinese liquor, and tonic drinks, among others, which are marketed through brands like Black Pine, C&C, Wayne, Kinmen Kaoliang, Hardys, Saint Remy, McLeod, etc. The company's reportable segments are the Beverages business unit-beverages, which generates maximum revenue, the Beverages business unit-liquors, and the Property lease department. Geographically, it generates maximum revenue from Taiwan, followed by China.
66GF Score
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