Far Eastern New Century (TPE:1402) 3-Year ROIIC % : 29.86% (As of Dec. 2025) — 627% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TPE:1402 Far Eastern New Century Corp TPE:1402
79 GF Score
Price NT$27.30
GF Value NT$33.31
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Far Eastern New Century 3-Year ROIIC %?

Far Eastern New Century TPE:1402 -1.44% 79 3-Year ROIIC % is 29.86 as of Dec. 2025, which is 627% above its 10-year median of 4.11. GuruFocus rates TPE:1402 with a GF Score™ of 79/100 and a GF Value™ of NT$33.31 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Far Eastern New Century ranks better than 80.81% 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. Far Eastern New Century's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 29.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Far Eastern New Century's 3-Year ROIIC % or its related term are showing as below:

TPE:1402's 3-Year ROIIC % is ranked better than
80.81% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.435 vs TPE:1402: 29.86

Far Eastern New Century  (TPE:1402) 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.


Far Eastern New Century 3-Year ROIIC % Related Terms


Far Eastern New Century 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Far Eastern New Century'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.

Far Eastern New Century 3-Year ROIIC % Chart

Far Eastern New Century Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.74 -0.80 10.43 11.04 29.86

Far Eastern New Century 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 11.04 0.00 0.00 0.00 29.86

Far Eastern New Century 3-Year ROIIC % Competitor Comparison

For the Textile Manufacturing subindustry, Far Eastern New Century'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.


Far Eastern New Century 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Far Eastern New Century's 3-Year ROIIC % falls into.


TPE:1402
79GF Score
Far Eastern New Century Corp TPE:1402
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Far Eastern New Century 3-Year ROIIC % Calculation

Far Eastern New Century'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**
=( 12861.352244 (Dec. 2025) - 11438.0734741 (Dec. 2022) )/( 616828.598 (Dec. 2025) - 612061.318 (Dec. 2022) )
=1423.2787699/4767.28
=29.86%***

* 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 29.86 mean?
Far Eastern New Century (TPE:1402) has a 3-Year ROIIC % of 29.86 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 Far Eastern New Century and its competitors. This is 627% above median its historical median of 4.11. According to the industry distribution chart, Far Eastern New Century ranks #195 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.2%.
Is Far Eastern New Century's 3-Year ROIIC % too high?
Far Eastern New Century's current 3-Year ROIIC % of 29.86 is 627% above median its 10-year median of 4.11. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.44. Far Eastern New Century's value of 29.86 is 1980.8% above this industry median. Based on the distribution chart, Far Eastern New Century ranks #195 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Far Eastern New Century has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Far Eastern New Century's 3-Year ROIIC % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Far Eastern New Century ranks #195 out of 1016 companies for 3-Year ROIIC %. This places Far Eastern New Century in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.44. Far Eastern New Century's value of 29.86 is 1980.8% above this benchmark. While the company's 10-year median is 4.11 vs. the industry median of 1.44, Far Eastern New Century 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.44, based on 1,016 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. Far Eastern New Century's current 3-Year ROIIC % of 29.86 is 1980.8% 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 Far Eastern New Century and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Eastern New Century's current 3-Year ROIIC % is 29.86, which is 627% above median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Eastern New Century stock overvalued right now?
Based on GuruFocus' analysis, Far Eastern New Century (TPE:1402) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.31, compared to a current price of NT$27.30 — trading 18% below its estimated fair value. The current 3-Year ROIIC % is 29.86, which is 627% above median its 10-year median of 4.11 and 1980.8% above the Manufacturing - Apparel & Accessories industry median of 1.44. Far Eastern New Century's overall GF Score™ is 79/100 with 7 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 Far Eastern New Century (TPE:1402), the current 3-Year ROIIC % is 29.86 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 Far Eastern New Century (TPE:1402) Overvalued in 2026?

Based on GuruFocus' analysis, Far Eastern New Century stock appears to be undervalued. The current stock price of NT$27.30 is trading 18% below its estimated GF Value™ of NT$33.31. GuruFocus considers Far Eastern New Century to be Modestly Undervalued.

Key valuation signals for TPE:1402:

  • 3-Year ROIIC %: 29.86 (627% above median its 10-year median of 4.11)
  • GF Value™: NT$33.31 vs. price of NT$27.30 (18% below fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 1980.8% above the Manufacturing - Apparel & Accessories median (#195 of 1016)

No single metric tells the full story. See the TPE:1402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Far Eastern New Century Business Description

Address No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; and Investment and other business.
79GF Score

Get the complete analysis for TPE:1402

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

NT$27.30
Price
NT$33.31
GF Value