KYE Systems (TPE:2365) 3-Year ROIIC % : -13.33% (As of Dec. 2025)

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TPE:2365 KYE Systems Corp TPE:2365
75 GF Score
Price NT$29.90
GF Value NT$35.39
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is KYE Systems 3-Year ROIIC %?

KYE Systems TPE:2365 +2.05% 75 3-Year ROIIC % is -13.33 as of Dec. 2025. GuruFocus rates TPE:2365 with a GF Score™ of 75/100 and a GF Value™ of NT$35.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,373 Hardware companies, KYE Systems ranks worse than 69.07% 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. KYE Systems's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -13.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TPE:2365's 3-Year ROIIC % is ranked worse than
69.07% of 2373 companies
in the Hardware industry
Industry Median: 2.33 vs TPE:2365: -13.33

KYE Systems  (TPE:2365) 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.


KYE Systems 3-Year ROIIC % Related Terms


KYE Systems 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for KYE Systems'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.

KYE Systems 3-Year ROIIC % Chart

KYE Systems 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 -5.16 -15.09 -64.50 -6.76 -13.33

KYE Systems Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -6.76 0.00 0.00 0.00 -13.33

TPE:2365 vs SNDK, DELL, STX: 3-Year ROIIC % Comparison

For the Computer Hardware subindustry, KYE Systems'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.


KYE Systems 3-Year ROIIC % vs Hardware Industry

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

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


TPE:2365
75GF Score
KYE Systems Corp TPE:2365
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KYE Systems 3-Year ROIIC % Calculation

KYE Systems'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**
=( 45.4358249 (Dec. 2025) - 10.394248 (Dec. 2022) )/( 1979.051 (Dec. 2025) - 2241.955 (Dec. 2022) )
=35.0415769/-262.904
=-13.33%***

* 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 -13.33 mean?
KYE Systems (TPE:2365) has a 3-Year ROIIC % of -13.33 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 KYE Systems and its competitors. According to the industry distribution chart, KYE Systems ranks #1639 out of 2373 companies in the Hardware industry, placing it in the top 69.1%.
Is KYE Systems' 3-Year ROIIC % too high?
KYE Systems' current 3-Year ROIIC % is -13.33. Based on the distribution chart, KYE Systems ranks #1639 out of 2373 companies in the Hardware industry, which is below the industry midpoint. Overall, KYE Systems has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KYE Systems' 3-Year ROIIC % compare to SNDK and DELL?
According to the Hardware industry distribution chart, KYE Systems ranks #1639 out of 2373 companies for 3-Year ROIIC %. This places KYE Systems in the lower half of its industry. The industry median 3-Year ROIIC % is 2.33. 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. 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 KYE Systems 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. KYE Systems's current 3-Year ROIIC % is -13.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYE Systems stock overvalued right now?
Based on GuruFocus' analysis, KYE Systems (TPE:2365) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$35.39, compared to a current price of NT$29.90 — trading 15.5% below its estimated fair value. The current 3-Year ROIIC % is -13.33. KYE Systems' overall GF Score™ is 75/100 with 3 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 KYE Systems (TPE:2365), the current 3-Year ROIIC % is -13.33 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 KYE Systems (TPE:2365) Overvalued in 2026?

Based on GuruFocus' analysis, KYE Systems stock appears to be undervalued. The current stock price of NT$29.90 is trading 15.5% below its estimated GF Value™ of NT$35.39. GuruFocus considers KYE Systems to be Modestly Undervalued.

Key valuation signals for TPE:2365:

  • 3-Year ROIIC %: -13.33
  • GF Value™: NT$35.39 vs. price of NT$29.90 (15.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the TPE:2365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KYE Systems Business Description

Address Number 492, Chongxin Road, 1st-8th Floor, Section 5, Sanchong District, New Taipei City, TWN, 24160
KYE Systems Corp is a Taiwan-based company mainly engaged in the manufacturing, processing and trading of computer peripheral products such as computer mice, keyboards, video image products such as network and security cameras, and consumer electronic products such as headphone speakers and game console peripherals. The operating segments of the company are Electronic Products and Others. The majority of revenue is derived from the Electronic Products segment. Geographically, the company operates in Asia, America, Europe and Taiwan. The maximum revenue is generated from America.
75GF Score

Get the complete analysis for TPE:2365

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

NT$29.90
Price
NT$35.39
GF Value