Leadtek Research (TPE:2465) 3-Year ROIIC % : -48.88% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2465 Leadtek Research Inc TPE:2465
63 GF Score
Price NT$80.50
GF Value NT$55.38
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Leadtek Research 3-Year ROIIC %?

Leadtek Research TPE:2465 -2.66% 63 3-Year ROIIC % is -48.88 as of Dec. 2025. GuruFocus rates TPE:2465 with a GF Score™ of 63/100 and a GF Value™ of NT$55.38 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,373 Hardware companies, Leadtek Research ranks worse than 85.55% 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. Leadtek Research's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -48.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TPE:2465's 3-Year ROIIC % is ranked worse than
85.55% of 2373 companies
in the Hardware industry
Industry Median: 2.34 vs TPE:2465: -48.88

Leadtek Research  (TPE:2465) 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.


Leadtek Research 3-Year ROIIC % Related Terms


Leadtek Research 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Leadtek Research'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.

Leadtek Research 3-Year ROIIC % Chart

Leadtek Research 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 1,316.82 -50.62 -21.43 -51.86 -48.88

Leadtek Research 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 -51.86 0.00 0.00 0.00 -48.88

TPE:2465 vs SNDK, DELL, STX: 3-Year ROIIC % Comparison

For the Computer Hardware subindustry, Leadtek Research'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.


Leadtek Research 3-Year ROIIC % vs Hardware Industry

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

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


TPE:2465
63GF Score
Leadtek Research Inc TPE:2465
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leadtek Research 3-Year ROIIC % Calculation

Leadtek Research'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**
=( 78.095488 (Dec. 2025) - -141.348368 (Dec. 2022) )/( 837.949 (Dec. 2025) - 1286.87 (Dec. 2022) )
=219.443856/-448.921
=-48.88%***

* 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 -48.88 mean?
Leadtek Research (TPE:2465) has a 3-Year ROIIC % of -48.88 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 Leadtek Research and its competitors. According to the industry distribution chart, Leadtek Research ranks #2030 out of 2373 companies in the Hardware industry, placing it in the top 85.5%.
Is Leadtek Research's 3-Year ROIIC % too high?
Leadtek Research's current 3-Year ROIIC % is -48.88. Based on the distribution chart, Leadtek Research ranks #2030 out of 2373 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Leadtek Research has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leadtek Research's 3-Year ROIIC % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Leadtek Research ranks #2030 out of 2373 companies for 3-Year ROIIC %. This places Leadtek Research 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 Leadtek Research 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. Leadtek Research's current 3-Year ROIIC % is -48.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leadtek Research stock overvalued right now?
Based on GuruFocus' analysis, Leadtek Research (TPE:2465) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.38, compared to a current price of NT$80.50 — trading 45.4% above its estimated fair value. The current 3-Year ROIIC % is -48.88. Leadtek Research's overall GF Score™ is 63/100 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 Leadtek Research (TPE:2465), the current 3-Year ROIIC % is -48.88 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 Leadtek Research (TPE:2465) Overvalued in 2026?

Based on GuruFocus' analysis, Leadtek Research stock appears to be overvalued. The current stock price of NT$80.50 is trading 45.4% above its estimated GF Value™ of NT$55.38. GuruFocus considers Leadtek Research to be Significantly Overvalued.

Key valuation signals for TPE:2465:

  • 3-Year ROIIC %: -48.88
  • GF Value™: NT$55.38 vs. price of NT$80.50 (45.4% above fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the TPE:2465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leadtek Research Business Description

Address No. 166, Jian 1st Road, 18th Floor, Zhonghe District, New Taipei City, TWN
Leadtek Research Inc is the design, manufacturing, and trading of communication devices, computers, communications, telecommunications, and peripheral equipment. Company has two reportable segments: the computer product department and the smart healthcare department. The products offered by the company include computer entertainment graphics cards, AI Inference devices, AI cloud supercomputing workstations, GPU-based AI workstations, servers, and professional graphics cards (WinFast/RTX). The company has expanded beyond computer hardware into smart medical healthcare, offering AI-driven diagnostic devices, wearable ECG monitors, and health management platforms and others. Geographically, company's regional market includes Mainland China, Taiwan, USA, Hong Kong, Korea and other countries.
63GF Score

Get the complete analysis for TPE:2465

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

NT$80.50
Price
NT$55.38
GF Value