Accton Technology (TPE:2345) 3-Year ROIIC % : 86.47% (As of Dec. 2025) — 103% Above Median

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TPE:2345 Accton Technology Corp TPE:2345
89 GF Score
Price NT$2,220.00
GF Value NT$1,842.49
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Accton Technology 3-Year ROIIC %?

Accton Technology TPE:2345 +6.22% 89 3-Year ROIIC % is 86.47 as of Dec. 2025, which is 103% above its 10-year median of 42.63. GuruFocus rates TPE:2345 with a GF Score™ of 89/100 and a GF Value™ of NT$1,842.49 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,373 Hardware companies, Accton Technology ranks better than 89.68% 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. Accton Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 86.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TPE:2345's 3-Year ROIIC % is ranked better than
89.68% of 2373 companies
in the Hardware industry
Industry Median: 2.33 vs TPE:2345: 86.47

Accton Technology  (TPE:2345) 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.


Accton Technology 3-Year ROIIC % Related Terms


Accton Technology 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Accton Technology'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.

Accton Technology 3-Year ROIIC % Chart

Accton Technology 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 32.09 33.27 46.40 38.85 86.47

Accton Technology 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 86.47 0.00

TPE:2345 vs CSCO, CIEN, MSI: 3-Year ROIIC % Comparison

For the Communication Equipment subindustry, Accton 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.


Accton Technology 3-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Accton Technology's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Accton Technology's 3-Year ROIIC % falls into.


TPE:2345
89GF Score
Accton Technology Corp TPE:2345
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accton Technology 3-Year ROIIC % Calculation

Accton Technology'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**
=( 25707.8248416 (Dec. 2025) - 7654.1546394 (Dec. 2022) )/( 34321.277 (Dec. 2025) - 13442.1 (Dec. 2022) )
=18053.6702022/20879.177
=86.47%***

* 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 86.47 mean?
Accton Technology (TPE:2345) has a 3-Year ROIIC % of 86.47 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 Accton Technology and its competitors. This is 103% above median its historical median of 42.63. According to the industry distribution chart, Accton Technology ranks #245 out of 2373 companies in the Hardware industry, placing it in the top 10.3%.
Is Accton Technology's 3-Year ROIIC % too high?
Accton Technology's current 3-Year ROIIC % of 86.47 is 103% above median its 10-year median of 42.63. The Hardware industry median 3-Year ROIIC % is 2.33. Accton Technology's value of 86.47 is 3611.2% above this industry median. Based on the distribution chart, Accton Technology ranks #245 out of 2373 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Accton Technology has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accton Technology's 3-Year ROIIC % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Accton Technology ranks #245 out of 2373 companies for 3-Year ROIIC %. This places Accton Technology in the top 10% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.33. Accton Technology's value of 86.47 is 3611.2% above this benchmark. While the company's 10-year median is 42.63 vs. the industry median of 2.33, Accton Technology 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.33, based on 2,373 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. Accton Technology's current 3-Year ROIIC % of 86.47 is 3611.2% 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 Accton Technology and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accton Technology's current 3-Year ROIIC % is 86.47, which is 103% above median its own 10-year median of 42.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accton Technology stock overvalued right now?
Based on GuruFocus' analysis, Accton Technology (TPE:2345) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$1,842.49, compared to a current price of NT$2,220.00 — trading 20.5% above its estimated fair value. The current 3-Year ROIIC % is 86.47, which is 103% above median its 10-year median of 42.63 and 3611.2% above the Hardware industry median of 2.33. Accton Technology's overall GF Score™ is 89/100 with 2 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 Accton Technology (TPE:2345), the current 3-Year ROIIC % is 86.47 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 Accton Technology (TPE:2345) Overvalued in 2026?

Based on GuruFocus' analysis, Accton Technology stock appears to be overvalued. The current stock price of NT$2,220.00 is trading 20.5% above its estimated GF Value™ of NT$1,842.49. GuruFocus considers Accton Technology to be Modestly Overvalued.

Key valuation signals for TPE:2345:

  • 3-Year ROIIC %: 86.47 (103% above median its 10-year median of 42.63)
  • GF Value™: NT$1,842.49 vs. price of NT$2,220.00 (20.5% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 3611.2% above the Hardware median (#245 of 2373)

No single metric tells the full story. See the TPE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accton Technology Business Description

Address No. 1, Zhihui 1st Road, Hsinchu County, Zhubei, TWN, 30077
Accton Technology Corp develops, manufactures, and sells high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company are Switch, Network Application, Metro Access Switch, Other, and Wireless. The company generates the majority of its revenue from Network Application sales.
89GF Score

Get the complete analysis for TPE:2345

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

NT$2,220.00
Price
NT$1,842.49
GF Value