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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.
Kao Hsing Chang Iron & Steel's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -3.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
TPE:2008's 3-Year ROIIC % is ranked worse than 57.19% of 605
companies
in the Steel industry
Industry Median: -0.23
vs TPE:2008: -3.01
Kao Hsing Chang Iron & Steel (TPE:2008) 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.
Kao Hsing Chang Iron & Steel 3-Year ROIIC % Related Terms
Kao Hsing Chang Iron & Steel 3-Year ROIIC % Historical Data
* 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:2008 vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Kao Hsing Chang Iron & Steel'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.
Kao Hsing Chang Iron & Steel 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Kao Hsing Chang Iron & Steel's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kao Hsing Chang Iron & Steel'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.
Kao Hsing Chang Iron & Steel (TPE:2008) has a 3-Year ROIIC % of -3.01 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 Kao Hsing Chang Iron & Steel and its competitors. According to the industry distribution chart, Kao Hsing Chang Iron & Steel ranks #346 out of 605 companies in the Steel industry, placing it in the top 57.2%.
Is Kao Hsing Chang Iron & Steel's 3-Year ROIIC % too high?
Kao Hsing Chang Iron & Steel's current 3-Year ROIIC % is -3.01. Based on the distribution chart, Kao Hsing Chang Iron & Steel ranks #346 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, Kao Hsing Chang Iron & Steel has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kao Hsing Chang Iron & Steel's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Kao Hsing Chang Iron & Steel ranks #346 out of 605 companies for 3-Year ROIIC %. This places Kao Hsing Chang Iron & Steel 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 Steel company?
A good 3-Year ROIIC % depends on the Steel 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 Kao Hsing Chang Iron & Steel and its competitors. Kao Hsing Chang Iron & Steel's current 3-Year ROIIC % is -3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao Hsing Chang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel (TPE:2008) is currently considered Fairly Valued. The stock's GF Value™ is NT$27.91, compared to a current price of NT$29.80 — trading 6.8% above its estimated fair value. The current 3-Year ROIIC % is -3.01. Kao Hsing Chang Iron & Steel's overall GF Score™ is 71/100 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 Kao Hsing Chang Iron & Steel (TPE:2008), the current 3-Year ROIIC % is -3.01 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 Kao Hsing Chang Iron & Steel (TPE:2008) Overvalued in 2026?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel stock appears to be overvalued.
The current stock price of NT$29.80 is trading 6.8% above its estimated GF Value™ of NT$27.91.
GuruFocus considers Kao Hsing Chang Iron & Steel to be Fairly Valued.
Key valuation signals for TPE:2008:
3-Year ROIIC %: -3.01
GF Value™: NT$27.91 vs. price of NT$29.80 (6.8% above fair value)
No single metric tells the full story. See the TPE:2008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kao Hsing Chang Iron & Steel Corp is engaged in the manufacturing, processing, and trading of steel pipes and cold-rolled steel sheets; manufacturing of metal architectural components; leasing; carpark management; and wholesale of other products. The majority of its revenue comes from the steel pipe department. Its geographical segments are Taiwan, United States and Japan, of which the majority of the revenue comes from Taiwan.
71GF Score
Get the complete analysis for TPE:2008
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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