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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.
Cheng Uei Precision Industry Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -37.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
TPE:2392's 3-Year ROIIC % is ranked worse than 82.55% of 2373
companies
in the Hardware industry
Industry Median: 2.34
vs TPE:2392: -37.65
Cheng Uei Precision Industry Co (TPE:2392) 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.
Cheng Uei Precision Industry Co 3-Year ROIIC % Related Terms
Cheng Uei Precision Industry 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.
Cheng Uei Precision Industry Co 3-Year ROIIC % Chart
For the Electronic Components subindustry, Cheng Uei Precision Industry 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.
Cheng Uei Precision Industry Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Cheng Uei Precision Industry Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Cheng Uei Precision Industry 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.
Cheng Uei Precision Industry Co (TPE:2392) has a 3-Year ROIIC % of -37.65 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 Cheng Uei Precision Industry Co and its competitors. According to the industry distribution chart, Cheng Uei Precision Industry Co ranks #1959 out of 2373 companies in the Hardware industry, placing it in the top 82.6%.
Is Cheng Uei Precision Industry Co's 3-Year ROIIC % too high?
Cheng Uei Precision Industry Co's current 3-Year ROIIC % is -37.65. Based on the distribution chart, Cheng Uei Precision Industry Co ranks #1959 out of 2373 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cheng Uei Precision Industry Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Uei Precision Industry Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Cheng Uei Precision Industry Co ranks #1959 out of 2373 companies for 3-Year ROIIC %. This places Cheng Uei Precision Industry Co in the lower half of its industry. The industry median 3-Year ROIIC % is 2.34. 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 2,373 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 Cheng Uei Precision Industry Co 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. Cheng Uei Precision Industry Co's current 3-Year ROIIC % is -37.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Uei Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Uei Precision Industry Co (TPE:2392) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$49.25, compared to a current price of NT$35.70 — trading 27.5% below its estimated fair value. The current 3-Year ROIIC % is -37.65. Cheng Uei Precision Industry Co's overall GF Score™ is 60/100 with 7 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 Cheng Uei Precision Industry Co (TPE:2392), the current 3-Year ROIIC % is -37.65 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 Cheng Uei Precision Industry Co (TPE:2392) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Uei Precision Industry Co stock appears to be undervalued.
The current stock price of NT$35.70 is trading 27.5% below its estimated GF Value™ of NT$49.25.
GuruFocus considers Cheng Uei Precision Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:2392:
3-Year ROIIC %: -37.65
GF Value™: NT$49.25 vs. price of NT$35.70 (27.5% below fair value)
No single metric tells the full story. See the TPE:2392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Uei Precision Industry Co Business Description
Cheng Uei Precision Industry Co Ltd is engaged in the manufacture of cable assemblies, connectors, battery packs, and power modules. Its main clients are producers of communications devices, computers, and consumer electronics. Its product portfolio consists of cables, connectors, accessories, battery packs, power modules, wireless and Bluetooth products, camera modules, audio products, wearable devices, and gaming products. The company's reportable operating segments include Systems and peripheral products, which derive maximum revenue, 3C component, 3C product retail, Energy service management, and Others. Geographically, it derives maximum revenue from America, followed by Taiwan, China, Vietnam, Hong Kong, India, and other regions.
60GF 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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