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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.
Microelectronics Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 25.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Microelectronics Technology's 3-Year ROIIC % or its related term are showing as below:
TPE:2314's 3-Year ROIIC % is ranked better than 74.57% of 2371
companies
in the Hardware industry
Industry Median: 2.34
vs TPE:2314: 25.26
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.
Microelectronics Technology 3-Year ROIIC % Related Terms
Microelectronics Technology 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:2314 vs CSCO, MSI, HPE: 3-Year ROIIC % Comparison
For the Communication Equipment subindustry, Microelectronics Technology'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.
Microelectronics Technology 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Microelectronics Technology's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Microelectronics Technology's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -742.563 (Dec. 2025) - -413.079 (Dec. 2022) )
/
( 2803.685 (Dec. 2025) - 4108.101 (Dec. 2022) )
=
-329.484
/
-1304.416
=
25.26%***
* 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.
Microelectronics Technology (TPE:2314) has a 3-Year ROIIC % of 25.26 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 Microelectronics Technology and its competitors. According to the industry distribution chart, Microelectronics Technology ranks #603 out of 2371 companies in the Hardware industry, placing it in the top 25.4%.
Is Microelectronics Technology's 3-Year ROIIC % too high?
Microelectronics Technology's current 3-Year ROIIC % is 25.26. The Hardware industry median 3-Year ROIIC % is 2.34. Microelectronics Technology's value of 25.26 is 979.5% above this industry median. Based on the distribution chart, Microelectronics Technology ranks #603 out of 2371 companies in the Hardware industry, which is above the industry midpoint. Overall, Microelectronics Technology has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microelectronics Technology's 3-Year ROIIC % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Microelectronics Technology ranks #603 out of 2371 companies for 3-Year ROIIC %. This puts Microelectronics Technology in the upper half of its industry. The industry median 3-Year ROIIC % is 2.34. Microelectronics Technology's value of 25.26 is 979.5% above this benchmark. 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,371 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. Microelectronics Technology's current 3-Year ROIIC % of 25.26 is 979.5% 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 Microelectronics Technology and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microelectronics Technology's current 3-Year ROIIC % is 25.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microelectronics Technology stock overvalued right now?
Based on GuruFocus' analysis, Microelectronics Technology (TPE:2314) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.90, compared to a current price of NT$12.50 — trading 55.2% below its estimated fair value. The current 3-Year ROIIC % is 25.26 and 979.5% above the Hardware industry median of 2.34. Microelectronics Technology's overall GF Score™ is 33/100 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 Microelectronics Technology (TPE:2314), the current 3-Year ROIIC % is 25.26 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 Microelectronics Technology (TPE:2314) Overvalued in 2026?
Based on GuruFocus' analysis, Microelectronics Technology stock appears to be undervalued.
The current stock price of NT$12.50 is trading 55.2% below its estimated GF Value™ of NT$27.90.
GuruFocus considers Microelectronics Technology to be Possible Value Trap.
Key valuation signals for TPE:2314:
3-Year ROIIC %: 25.26
GF Value™: NT$27.90 vs. price of NT$12.50 (55.2% below fair value)
Industry Position: 979.5% above the Hardware median (#603 of 2371)
No single metric tells the full story. See the TPE:2314 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microelectronics Technology Inc is engaged in the design, manufacture and sales of terrestrial microwave, satellite communication system products, and related customized products. The company's products include Satellite Broadband TV, Microwave Radio Blackhaul, mobile products, and RFID, among others. The company operates in the United States, Mainland China, and other areas.
33GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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