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China Glaze CoTPE:1809 -8.37%55 3-Year ROIIC % is 1.38 as of Dec. 2025, which is 88% below its 10-year median of 11.23. GuruFocus rates TPE:1809 with a GF Score™ of 55/100 and a GF Value™ of NT$18.66 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,685 Construction companies, China Glaze Co ranks worse than 57.15% 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.
China Glaze Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 1.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for China Glaze Co's 3-Year ROIIC % or its related term are showing as below:
TPE:1809's 3-Year ROIIC % is ranked worse than 57.15% of 1685
companies
in the Construction industry
Industry Median: 4.63
vs TPE:1809: 1.38
China Glaze Co (TPE:1809) 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.
China Glaze Co 3-Year ROIIC % Related Terms
China Glaze Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for China Glaze Co'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:1809 vs TT, JCI, CARR: 3-Year ROIIC % Comparison
For the Building Products & Equipment subindustry, China Glaze 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.
China Glaze Co 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, China Glaze Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where China Glaze Co's 3-Year ROIIC % falls into.
China Glaze Co'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**
=
( 13.44278 (Dec. 2025) - 15.5142308 (Dec. 2022) )
/
( 3502.433 (Dec. 2025) - 3652.585 (Dec. 2022) )
=
-2.0714508
/
-150.152
=
1.38%***
* 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.
China Glaze Co (TPE:1809) has a 3-Year ROIIC % of 1.38 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 China Glaze Co and its competitors. This is 88% below median its historical median of 11.23. According to the industry distribution chart, China Glaze Co ranks #963 out of 1685 companies in the Construction industry, placing it in the top 57.2%.
Is China Glaze Co's 3-Year ROIIC % too high?
China Glaze Co's current 3-Year ROIIC % of 1.38 is 88% below median its 10-year median of 11.23. The Construction industry median 3-Year ROIIC % is 4.63. China Glaze Co's value of 1.38 is 70.2% below this industry median. Based on the distribution chart, China Glaze Co ranks #963 out of 1685 companies in the Construction industry, which is below the industry midpoint. Overall, China Glaze Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glaze Co's 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, China Glaze Co ranks #963 out of 1685 companies for 3-Year ROIIC %. This places China Glaze Co in the lower half of its industry. The industry median 3-Year ROIIC % is 4.63. China Glaze Co's value of 1.38 is 70.2% below this benchmark. While the company's 10-year median is 11.23 vs. the industry median of 4.63, China Glaze Co 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,685 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. China Glaze Co's current 3-Year ROIIC % of 1.38 is 70.2% 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 China Glaze Co and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Glaze Co's current 3-Year ROIIC % is 1.38, which is 88% below median its own 10-year median of 11.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glaze Co stock overvalued right now?
Based on GuruFocus' analysis, China Glaze Co (TPE:1809) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.66, compared to a current price of NT$39.95 — trading 114.1% above its estimated fair value. The current 3-Year ROIIC % is 1.38, which is 88% below median its 10-year median of 11.23 and 70.2% below the Construction industry median of 4.63. China Glaze Co's overall GF Score™ is 55/100 with 3 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 China Glaze Co (TPE:1809), the current 3-Year ROIIC % is 1.38 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 China Glaze Co (TPE:1809) Overvalued in 2026?
Based on GuruFocus' analysis, China Glaze Co stock appears to be overvalued.
The current stock price of NT$39.95 is trading 114.1% above its estimated GF Value™ of NT$18.66.
GuruFocus considers China Glaze Co to be Significantly Overvalued.
Key valuation signals for TPE:1809:
3-Year ROIIC %: 1.38 (88% below median its 10-year median of 11.23)
GF Value™: NT$18.66 vs. price of NT$39.95 (114.1% above fair value)
Industry Position: 70.2% below the Construction median (#963 of 1685)
No single metric tells the full story. See the TPE:1809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Glaze Co Ltd is engaged in mainly manufacturing and sales of various frit, glaze, pigments, ceramics, crystallized glass, phosphor powder for photoelectric use, and digital textile ink.
55GF Score
Get the complete analysis for TPE:1809
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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