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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.
Everlight Electronics Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 58.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Everlight Electronics Co's 3-Year ROIIC % or its related term are showing as below:
TPE:2393's 3-Year ROIIC % is ranked better than 85.8% of 2373
companies
in the Hardware industry
Industry Median: 2.34
vs TPE:2393: 58.11
Everlight Electronics Co (TPE:2393) 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.
Everlight Electronics Co 3-Year ROIIC % Related Terms
Everlight Electronics 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.
For the Electronic Components subindustry, Everlight Electronics 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.
Everlight Electronics Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Everlight Electronics Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Everlight Electronics 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.
Everlight Electronics Co (TPE:2393) has a 3-Year ROIIC % of 58.11 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 Everlight Electronics Co and its competitors. According to the industry distribution chart, Everlight Electronics Co ranks #337 out of 2373 companies in the Hardware industry, placing it in the top 14.2%.
Is Everlight Electronics Co's 3-Year ROIIC % too high?
Everlight Electronics Co's current 3-Year ROIIC % is 58.11. The Hardware industry median 3-Year ROIIC % is 2.34. Everlight Electronics Co's value of 58.11 is 2383.3% above this industry median. Based on the distribution chart, Everlight Electronics Co ranks #337 out of 2373 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Everlight Electronics Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everlight Electronics Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Everlight Electronics Co ranks #337 out of 2373 companies for 3-Year ROIIC %. This places Everlight Electronics Co in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. Everlight Electronics Co's value of 58.11 is 2383.3% 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 2,373 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. Everlight Electronics Co's current 3-Year ROIIC % of 58.11 is 2383.3% 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 Everlight Electronics 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. Everlight Electronics Co's current 3-Year ROIIC % is 58.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everlight Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Everlight Electronics Co (TPE:2393) is currently considered Fairly Valued. The stock's GF Value™ is NT$62.07, compared to a current price of NT$66.10 — trading 6.5% above its estimated fair value. The current 3-Year ROIIC % is 58.11 and 2383.3% above the Hardware industry median of 2.34. Everlight Electronics Co's overall GF Score™ is 78/100 with 5 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 Everlight Electronics Co (TPE:2393), the current 3-Year ROIIC % is 58.11 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 Everlight Electronics Co (TPE:2393) Overvalued in 2026?
Based on GuruFocus' analysis, Everlight Electronics Co stock appears to be overvalued.
The current stock price of NT$66.10 is trading 6.5% above its estimated GF Value™ of NT$62.07.
GuruFocus considers Everlight Electronics Co to be Fairly Valued.
Key valuation signals for TPE:2393:
3-Year ROIIC %: 58.11
GF Value™: NT$62.07 vs. price of NT$66.10 (6.5% above fair value)
Industry Position: 2383.3% above the Hardware median (#337 of 2373)
No single metric tells the full story. See the TPE:2393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everlight Electronics Co Ltd is engaged in the manufacture and sale of LEDs and optoelectronic products. Its products include visible LED, infrared products, sensors, optocouplers, and power semiconductors. The Group operates through LED, LCD, and illumination segments. The LED segment engages in the manufacture and sale of LEDs, while the LCD segment, which generates maximum revenue, engages in the manufacture and sale of LCDs and LCD modules. The illumination segment engages in the manufacture and sale of lighting products. Other operating segments mainly engage in the sale of raw materials for electronic products, masks, and electrophoretic displays. The company generates maximum revenue from Asia.
78GF Score
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