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Mirle Automation CoTPE:2464 -1.35%53 3-Year ROIIC % is 45.22 as of Dec. 2025, which is 756% above its 10-year median of 5.28. GuruFocus rates TPE:2464 with a GF Score™ of 53/100 and a GF Value™ of NT$59.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,934 Industrial Products companies, Mirle Automation Co ranks better than 86.16% 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.
Mirle Automation Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 45.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Mirle Automation Co's 3-Year ROIIC % or its related term are showing as below:
TPE:2464's 3-Year ROIIC % is ranked better than 86.16% of 2934
companies
in the Industrial Products industry
Industry Median: 3.45
vs TPE:2464: 45.22
Mirle Automation Co (TPE:2464) 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.
Mirle Automation Co 3-Year ROIIC % Related Terms
Mirle Automation Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Mirle Automation Co'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.
TPE:2464 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Mirle Automation 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.
Mirle Automation Co 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirle Automation Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mirle Automation 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.
Mirle Automation Co (TPE:2464) has a 3-Year ROIIC % of 45.22 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 Mirle Automation Co and its competitors. This is 756% above median its historical median of 5.28. According to the industry distribution chart, Mirle Automation Co ranks #406 out of 2934 companies in the Industrial Products industry, placing it in the top 13.8%.
Is Mirle Automation Co's 3-Year ROIIC % too high?
Mirle Automation Co's current 3-Year ROIIC % of 45.22 is 756% above median its 10-year median of 5.28. The Industrial Products industry median 3-Year ROIIC % is 3.45. Mirle Automation Co's value of 45.22 is 1210.7% above this industry median. Based on the distribution chart, Mirle Automation Co ranks #406 out of 2934 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mirle Automation Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mirle Automation Co's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mirle Automation Co ranks #406 out of 2934 companies for 3-Year ROIIC %. This places Mirle Automation Co in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.45. Mirle Automation Co's value of 45.22 is 1210.7% above this benchmark. While the company's 10-year median is 5.28 vs. the industry median of 3.45, Mirle Automation 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.45, based on 2,934 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. Mirle Automation Co's current 3-Year ROIIC % of 45.22 is 1210.7% 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 Mirle Automation Co and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirle Automation Co's current 3-Year ROIIC % is 45.22, which is 756% above median its own 10-year median of 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirle Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Mirle Automation Co (TPE:2464) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$59.06, compared to a current price of NT$146.50 — trading 148.1% above its estimated fair value. The current 3-Year ROIIC % is 45.22, which is 756% above median its 10-year median of 5.28 and 1210.7% above the Industrial Products industry median of 3.45. Mirle Automation Co's overall GF Score™ is 53/100 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 Mirle Automation Co (TPE:2464), the current 3-Year ROIIC % is 45.22 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 Mirle Automation Co (TPE:2464) Overvalued in 2026?
Based on GuruFocus' analysis, Mirle Automation Co stock appears to be overvalued.
The current stock price of NT$146.50 is trading 148.1% above its estimated GF Value™ of NT$59.06.
GuruFocus considers Mirle Automation Co to be Significantly Overvalued.
Key valuation signals for TPE:2464:
3-Year ROIIC %: 45.22 (756% above median its 10-year median of 5.28)
GF Value™: NT$59.06 vs. price of NT$146.50 (148.1% above fair value)
Industry Position: 1210.7% above the Industrial Products median (#406 of 2934)
No single metric tells the full story. See the TPE:2464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirle Automation Co Ltd is engaged in automation system integrators and related product manufacturing. It is mainly engaged in the business of automation equipment systems and their components, various parking facilities, medical equipment, and the design, development, production, and sale of automation equipment used in these products, and also provides after-sales services for the products. It is also engaged in the leasing business and develops and sells software and databases. Its segments are the intelligent automation system and equipment, which derive key revenue, and the digital technology products and industrial controllers. Geographically, it derives key revenue from Taiwan. Product-wise, it generates the majority of its revenue from Semiconductor automation systems.
53GF Score
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