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Nankang Rubber TireTPE:2101 +0.62%56 3-Year ROIIC % is 8.48 as of Dec. 2025, which is 12014% above its 10-year median of 0.07. GuruFocus rates TPE:2101 with a GF Score™ of 56/100 and a GF Value™ of NT$59.48 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,252 Vehicles & Parts companies, Nankang Rubber Tire ranks better than 57.19% 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.
Nankang Rubber Tire's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 8.48%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nankang Rubber Tire's 3-Year ROIIC % or its related term are showing as below:
TPE:2101's 3-Year ROIIC % is ranked better than 57.19% of 1252
companies
in the Vehicles & Parts industry
Industry Median: 4.235
vs TPE:2101: 8.48
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.
Nankang Rubber Tire 3-Year ROIIC % Related Terms
Nankang Rubber Tire 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nankang Rubber Tire'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.
For the Auto Parts subindustry, Nankang Rubber Tire'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.
Nankang Rubber Tire 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nankang Rubber Tire's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nankang Rubber Tire'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.
Nankang Rubber Tire (TPE:2101) has a 3-Year ROIIC % of 8.48 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 Nankang Rubber Tire and its competitors. This is 12014% above median its historical median of 0.07. According to the industry distribution chart, Nankang Rubber Tire ranks #536 out of 1252 companies in the Vehicles & Parts industry, placing it in the top 42.8%.
Is Nankang Rubber Tire's 3-Year ROIIC % too high?
Nankang Rubber Tire's current 3-Year ROIIC % of 8.48 is 12014% above median its 10-year median of 0.07. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. Nankang Rubber Tire's value of 8.48 is 100.2% above this industry median. Based on the distribution chart, Nankang Rubber Tire ranks #536 out of 1252 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Nankang Rubber Tire has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's 3-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nankang Rubber Tire ranks #536 out of 1252 companies for 3-Year ROIIC %. This puts Nankang Rubber Tire in the upper half of its industry. The industry median 3-Year ROIIC % is 4.24. Nankang Rubber Tire's value of 8.48 is 100.2% above this benchmark. While the company's 10-year median is 0.07 vs. the industry median of 4.24, Nankang Rubber Tire 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 Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,252 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. Nankang Rubber Tire's current 3-Year ROIIC % of 8.48 is 100.2% 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 Nankang Rubber Tire and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nankang Rubber Tire's current 3-Year ROIIC % is 8.48, which is 12014% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Possible Value Trap. The stock's GF Value™ is NT$59.48, compared to a current price of NT$32.45 — trading 45.4% below its estimated fair value. The current 3-Year ROIIC % is 8.48, which is 12014% above median its 10-year median of 0.07 and 100.2% above the Vehicles & Parts industry median of 4.24. Nankang Rubber Tire's overall GF Score™ is 56/100 with 4 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 Nankang Rubber Tire (TPE:2101), the current 3-Year ROIIC % is 8.48 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 Nankang Rubber Tire (TPE:2101) Overvalued in 2026?
Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued.
The current stock price of NT$32.45 is trading 45.4% below its estimated GF Value™ of NT$59.48.
GuruFocus considers Nankang Rubber Tire to be Possible Value Trap.
Key valuation signals for TPE:2101:
3-Year ROIIC %: 8.48 (12014% above median its 10-year median of 0.07)
GF Value™: NT$59.48 vs. price of NT$32.45 (45.4% below fair value)
Industry Position: 100.2% above the Vehicles & Parts median (#536 of 1252)
No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
56GF Score
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