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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.
Lien Chang Electronic Enterprise Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 56.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
TPE:2431's 3-Year ROIIC % is ranked better than 85.49% of 2371
companies
in the Hardware industry
Industry Median: 2.34
vs TPE:2431: 56.24
Lien Chang Electronic Enterprise Co (TPE:2431) 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.
Lien Chang Electronic Enterprise Co 3-Year ROIIC % Related Terms
Lien Chang Electronic Enterprise 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.
Lien Chang Electronic Enterprise Co 3-Year ROIIC % Chart
TPE:2431 vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, Lien Chang Electronic Enterprise 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.
Lien Chang Electronic Enterprise Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Lien Chang Electronic Enterprise Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Lien Chang Electronic Enterprise Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -199.08 (Dec. 2025) - -14.3177125 (Dec. 2022) )
/
( 310.317 (Dec. 2025) - 638.837 (Dec. 2022) )
=
-184.7622875
/
-328.52
=
56.24%***
* 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.
Lien Chang Electronic Enterprise Co (TPE:2431) has a 3-Year ROIIC % of 56.24 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 Lien Chang Electronic Enterprise Co and its competitors. This is 119% above median its historical median of 25.63. According to the industry distribution chart, Lien Chang Electronic Enterprise Co ranks #344 out of 2371 companies in the Hardware industry, placing it in the top 14.5%.
Is Lien Chang Electronic Enterprise Co's 3-Year ROIIC % too high?
Lien Chang Electronic Enterprise Co's current 3-Year ROIIC % of 56.24 is 119% above median its 10-year median of 25.63. The Hardware industry median 3-Year ROIIC % is 2.34. Lien Chang Electronic Enterprise Co's value of 56.24 is 2303.4% above this industry median. Based on the distribution chart, Lien Chang Electronic Enterprise Co ranks #344 out of 2371 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Lien Chang Electronic Enterprise Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lien Chang Electronic Enterprise Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Lien Chang Electronic Enterprise Co ranks #344 out of 2371 companies for 3-Year ROIIC %. This places Lien Chang Electronic Enterprise Co in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. Lien Chang Electronic Enterprise Co's value of 56.24 is 2303.4% above this benchmark. While the company's 10-year median is 25.63 vs. the industry median of 2.34, Lien Chang Electronic Enterprise Co 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 2.34, 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. Lien Chang Electronic Enterprise Co's current 3-Year ROIIC % of 56.24 is 2303.4% 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 Lien Chang Electronic Enterprise 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. Lien Chang Electronic Enterprise Co's current 3-Year ROIIC % is 56.24, which is 119% above median its own 10-year median of 25.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Chang Electronic Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Lien Chang Electronic Enterprise Co (TPE:2431) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$8.68, compared to a current price of NT$10.00 — trading 15.2% above its estimated fair value. The current 3-Year ROIIC % is 56.24, which is 119% above median its 10-year median of 25.63 and 2303.4% above the Hardware industry median of 2.34. Lien Chang Electronic Enterprise Co's overall GF Score™ is 52/100 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 Lien Chang Electronic Enterprise Co (TPE:2431), the current 3-Year ROIIC % is 56.24 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 Lien Chang Electronic Enterprise Co (TPE:2431) Overvalued in 2026?
Based on GuruFocus' analysis, Lien Chang Electronic Enterprise Co stock appears to be overvalued.
The current stock price of NT$10.00 is trading 15.2% above its estimated GF Value™ of NT$8.68.
GuruFocus considers Lien Chang Electronic Enterprise Co to be Modestly Overvalued.
Key valuation signals for TPE:2431:
3-Year ROIIC %: 56.24 (119% above median its 10-year median of 25.63)
GF Value™: NT$8.68 vs. price of NT$10.00 (15.2% above fair value)
Industry Position: 2303.4% above the Hardware median (#344 of 2371)
No single metric tells the full story. See the TPE:2431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lien Chang Electronic Enterprise Co Business Description
Lien Chang Electronic Enterprise Co Ltd is mainly engaged in the manufacture and trading of display monitors and power supply units. The company specializes in ODM manufacturing of power supply units, charging devices, and BLDC controllers, catering to industries including consumer electronics, household appliances, industrial equipment and automotive components. Its products and services include Drone ESC, Consumer Chargers, Power Supply Units, Motor/Compressor Drivers, Automotive Parts OEM, and Display. Geographically, the company generates a majority of its revenue from Asia.
52GF Score
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