Chung Hwa Pulp (TPE:1905) 3-Year ROIIC % : -27.15% (As of Dec. 2025)

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TPE:1905 Chung Hwa Pulp Corp TPE:1905
63 GF Score
Price NT$13.85
GF Value NT$16.44
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Chung Hwa Pulp 3-Year ROIIC %?

Chung Hwa Pulp TPE:1905 -2.12% 63 3-Year ROIIC % is -27.15 as of Dec. 2025. GuruFocus rates TPE:1905 with a GF Score™ of 63/100 and a GF Value™ of NT$16.44 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 268 Forest Products companies, Chung Hwa Pulp ranks worse than 77.24% 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. Chung Hwa Pulp's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -27.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Chung Hwa Pulp's 3-Year ROIIC % or its related term are showing as below:

TPE:1905's 3-Year ROIIC % is ranked worse than
77.24% of 268 companies
in the Forest Products industry
Industry Median: -0.74 vs TPE:1905: -27.15

Chung Hwa Pulp  (TPE:1905) 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.


Chung Hwa Pulp 3-Year ROIIC % Related Terms


Chung Hwa Pulp 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Chung Hwa Pulp'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.

Chung Hwa Pulp 3-Year ROIIC % Chart

Chung Hwa Pulp 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 -7.53 18.83 -11.85 -21.56 -27.15

Chung Hwa Pulp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -27.15 0.00

Chung Hwa Pulp 3-Year ROIIC % Competitor Comparison

For the Paper & Paper Products subindustry, Chung Hwa Pulp'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.


Chung Hwa Pulp 3-Year ROIIC % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Chung Hwa Pulp's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Chung Hwa Pulp's 3-Year ROIIC % falls into.


TPE:1905
63GF Score
Chung Hwa Pulp Corp TPE:1905
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chung Hwa Pulp 3-Year ROIIC % Calculation

Chung Hwa Pulp'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**
=( -1250.0326055 (Dec. 2025) - 240.6667375 (Dec. 2022) )/( 34855.877 (Dec. 2025) - 29365.471 (Dec. 2022) )
=-1490.699343/5490.406
=-27.15%***

* 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 -27.15 mean?
Chung Hwa Pulp (TPE:1905) has a 3-Year ROIIC % of -27.15 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 Chung Hwa Pulp and its competitors. According to the industry distribution chart, Chung Hwa Pulp ranks #207 out of 268 companies in the Forest Products industry, placing it in the top 77.2%.
Is Chung Hwa Pulp's 3-Year ROIIC % too high?
Chung Hwa Pulp's current 3-Year ROIIC % is -27.15. Based on the distribution chart, Chung Hwa Pulp ranks #207 out of 268 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Chung Hwa Pulp has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Hwa Pulp's 3-Year ROIIC % compare to competitors?
According to the Forest Products industry distribution chart, Chung Hwa Pulp ranks #207 out of 268 companies for 3-Year ROIIC %. This places Chung Hwa Pulp in the lower half of its industry. 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 Forest Products company?
A good 3-Year ROIIC % depends on the Forest Products industry context. 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 Chung Hwa Pulp and its competitors. Chung Hwa Pulp's current 3-Year ROIIC % is -27.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Hwa Pulp stock overvalued right now?
Based on GuruFocus' analysis, Chung Hwa Pulp (TPE:1905) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.44, compared to a current price of NT$13.85 — trading 15.8% below its estimated fair value. The current 3-Year ROIIC % is -27.15. Chung Hwa Pulp's overall GF Score™ is 63/100 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 Chung Hwa Pulp (TPE:1905), the current 3-Year ROIIC % is -27.15 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 Chung Hwa Pulp (TPE:1905) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Hwa Pulp stock appears to be undervalued. The current stock price of NT$13.85 is trading 15.8% below its estimated GF Value™ of NT$16.44. GuruFocus considers Chung Hwa Pulp to be Modestly Undervalued.

Key valuation signals for TPE:1905:

  • 3-Year ROIIC %: -27.15
  • GF Value™: NT$16.44 vs. price of NT$13.85 (15.8% below fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the TPE:1905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung Hwa Pulp Business Description

Address No. 51, Chongqing South Road, 12th Floor, Section 2, Taipei City, TWN
Chung Hwa Pulp Corp is engaged in the production and sale of pulp and paper. Its businesses include specialty paper, pulp, paper and paperboard, tape and other businesses. The Company operates through the Pulp and Fine Paper segment, which generates maximum revenue, and the Forestry segment. Its activities include the manufacture and sale of cardboard, paper and pulp, as well as seedling cultivation and reforestation. Geographically, the Group operates in Taiwan and mainland China, with Taiwan generating maximum revenue.
63GF Score

Get the complete analysis for TPE:1905

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

NT$13.85
Price
NT$16.44
GF Value