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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.
Shining Victory Motor Electronic Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 61.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
TPE:2248's 3-Year ROIIC % is ranked better than 89.71% of 1254
companies
in the Vehicles & Parts industry
Industry Median: 4.21
vs TPE:2248: 61.01
Shining Victory Motor Electronic Co (TPE:2248) 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.
Shining Victory Motor Electronic Co 3-Year ROIIC % Related Terms
Shining Victory Motor Electronic Co 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.
Shining Victory Motor Electronic Co 3-Year ROIIC % Chart
For the Auto Parts subindustry, Shining Victory Motor Electronic 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.
Shining Victory Motor Electronic Co 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shining Victory Motor Electronic Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shining Victory Motor Electronic Co'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.
Shining Victory Motor Electronic Co (TPE:2248) has a 3-Year ROIIC % of 61.01 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 Shining Victory Motor Electronic Co and its competitors. This is 153% above median its historical median of 24.11. According to the industry distribution chart, Shining Victory Motor Electronic Co ranks #129 out of 1254 companies in the Vehicles & Parts industry, placing it in the top 10.3%.
Is Shining Victory Motor Electronic Co's 3-Year ROIIC % too high?
Shining Victory Motor Electronic Co's current 3-Year ROIIC % of 61.01 is 153% above median its 10-year median of 24.11. The Vehicles & Parts industry median 3-Year ROIIC % is 4.21. Shining Victory Motor Electronic Co's value of 61.01 is 1349.2% above this industry median. Based on the distribution chart, Shining Victory Motor Electronic Co ranks #129 out of 1254 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Shining Victory Motor Electronic Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Victory Motor Electronic Co's 3-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shining Victory Motor Electronic Co ranks #129 out of 1254 companies for 3-Year ROIIC %. This places Shining Victory Motor Electronic Co in the top 10% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.21. Shining Victory Motor Electronic Co's value of 61.01 is 1349.2% above this benchmark. While the company's 10-year median is 24.11 vs. the industry median of 4.21, Shining Victory Motor Electronic Co 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 4.21, based on 1,254 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. Shining Victory Motor Electronic Co's current 3-Year ROIIC % of 61.01 is 1349.2% 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 Shining Victory Motor Electronic Co and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Victory Motor Electronic Co's current 3-Year ROIIC % is 61.01, which is 153% above median its own 10-year median of 24.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Victory Motor Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Victory Motor Electronic Co (TPE:2248) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$56.25, compared to a current price of NT$66.00 — trading 17.3% above its estimated fair value. The current 3-Year ROIIC % is 61.01, which is 153% above median its 10-year median of 24.11 and 1349.2% above the Vehicles & Parts industry median of 4.21. Shining Victory Motor Electronic Co's overall GF Score™ is 86/100 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 Shining Victory Motor Electronic Co (TPE:2248), the current 3-Year ROIIC % is 61.01 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 Shining Victory Motor Electronic Co (TPE:2248) Overvalued in 2026?
Based on GuruFocus' analysis, Shining Victory Motor Electronic Co stock appears to be overvalued.
The current stock price of NT$66.00 is trading 17.3% above its estimated GF Value™ of NT$56.25.
GuruFocus considers Shining Victory Motor Electronic Co to be Modestly Overvalued.
Key valuation signals for TPE:2248:
3-Year ROIIC %: 61.01 (153% above median its 10-year median of 24.11)
GF Value™: NT$56.25 vs. price of NT$66.00 (17.3% above fair value)
Industry Position: 1349.2% above the Vehicles & Parts median (#129 of 1254)
No single metric tells the full story. See the TPE:2248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shining Victory Motor Electronic Co Business Description
Shining Victory Motor Electronic Co Ltd is engaged in the manufacturing and sale of automotive LED interior lighting, interior and exterior decoration, LED automotive lamps, and other automotive parts. The Company is also involved in the production and sales of auto and motorcycle molds, design and manufacture of jigs, assembly of automotive electronic components, production of automotive electronics components, and sales of automobile electronic components. The company mainly operates in China, Thailand, Mexico, and the United States, with China deriving maximum revenue.
86GF Score
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