Ta Jiang Development (TPE:1453) 3-Year ROIIC % : 0.26% (As of Dec. 2025) — 95% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1453 Ta Jiang Development Corp TPE:1453
33 GF Score
Price NT$11.15
GF Value NT$0.17
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ta Jiang Development 3-Year ROIIC %?

Ta Jiang Development TPE:1453 +0.45% 33 3-Year ROIIC % is 0.26 as of Dec. 2025, which is 95% below its 10-year median of 4.81. GuruFocus rates TPE:1453 with a GF Score™ of 33/100 and a GF Value™ of NT$0.17 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Ta Jiang Development ranks worse than 53.1% 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. Ta Jiang Development's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 0.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ta Jiang Development's 3-Year ROIIC % or its related term are showing as below:

TPE:1453's 3-Year ROIIC % is ranked worse than
53.1% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.52 vs TPE:1453: 0.26

Ta Jiang Development  (TPE:1453) 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.


Ta Jiang Development 3-Year ROIIC % Related Terms


Ta Jiang Development 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Ta Jiang Development'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.

Ta Jiang Development 3-Year ROIIC % Chart

Ta Jiang Development 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 6.79 11.30 2.83 -1.97 0.26

Ta Jiang Development 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 -1.97 0.00 0.00 0.00 0.26

Ta Jiang Development 3-Year ROIIC % Competitor Comparison

For the Textile Manufacturing subindustry, Ta Jiang Development'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.


Ta Jiang Development 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ta Jiang Development's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ta Jiang Development's 3-Year ROIIC % falls into.


TPE:1453
33GF Score
Ta Jiang Development Corp TPE:1453
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ta Jiang Development 3-Year ROIIC % Calculation

Ta Jiang Development'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**
=( -33.5562645 (Dec. 2025) - -35.465 (Dec. 2022) )/( 1832.725 (Dec. 2025) - 1085.929 (Dec. 2022) )
=1.9087355/746.796
=0.26%***

* 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 0.26 mean?
Ta Jiang Development (TPE:1453) has a 3-Year ROIIC % of 0.26 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 Ta Jiang Development and its competitors. This is 95% below median its historical median of 4.81. According to the industry distribution chart, Ta Jiang Development ranks #539 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.1%.
Is Ta Jiang Development's 3-Year ROIIC % too high?
Ta Jiang Development's current 3-Year ROIIC % of 0.26 is 95% below median its 10-year median of 4.81. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.52. Ta Jiang Development's value of 0.26 is 82.9% below this industry median. Based on the distribution chart, Ta Jiang Development ranks #539 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ta Jiang Development has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta Jiang Development's 3-Year ROIIC % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ta Jiang Development ranks #539 out of 1015 companies for 3-Year ROIIC %. This places Ta Jiang Development in the lower half of its industry. The industry median 3-Year ROIIC % is 1.52. Ta Jiang Development's value of 0.26 is 82.9% below this benchmark. While the company's 10-year median is 4.81 vs. the industry median of 1.52, Ta Jiang Development has consistently been below 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 1.52, based on 1,015 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. Ta Jiang Development's current 3-Year ROIIC % of 0.26 is 82.9% below 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 Ta Jiang Development and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Jiang Development's current 3-Year ROIIC % is 0.26, which is 95% below median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Jiang Development stock overvalued right now?
Based on GuruFocus' analysis, Ta Jiang Development (TPE:1453) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.17, compared to a current price of NT$11.15 — trading 6458.8% above its estimated fair value. The current 3-Year ROIIC % is 0.26, which is 95% below median its 10-year median of 4.81 and 82.9% below the Manufacturing - Apparel & Accessories industry median of 1.52. Ta Jiang Development's overall GF Score™ is 33/100 with 6 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 Ta Jiang Development (TPE:1453), the current 3-Year ROIIC % is 0.26 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 Ta Jiang Development (TPE:1453) Overvalued in 2026?

Based on GuruFocus' analysis, Ta Jiang Development stock appears to be overvalued. The current stock price of NT$11.15 is trading 6458.8% above its estimated GF Value™ of NT$0.17. GuruFocus considers Ta Jiang Development to be Significantly Overvalued.

Key valuation signals for TPE:1453:

  • 3-Year ROIIC %: 0.26 (95% below median its 10-year median of 4.81)
  • GF Value™: NT$0.17 vs. price of NT$11.15 (6458.8% above fair value)
  • GF Score™: 33/100 with 6 warning signs
  • Industry Position: 82.9% below the Manufacturing - Apparel & Accessories median (#539 of 1015)

No single metric tells the full story. See the TPE:1453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta Jiang Development Business Description

Address 6th Floor, No. 71, Section 2, Dunhua South Road, Daan District, Taipei, TWN, 106
Ta Jiang Development Corp operates in the textile industry. The company is engaged in manufacturing and distributing textile products like yarns, fabrics, and related raw materials and products. The company also operates in the construction and development industry, It is also involved in Investment and construction of public infrastructure projects. The company also manufactures, processing, and trading of woven clothing, knitted clothing, and sweaters.
33GF Score

Get the complete analysis for TPE:1453

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

NT$11.15
Price
NT$0.17
GF Value