Crowell Development (TPE:2528) 3-Year ROIIC % : 49.08% (As of Dec. 2025) — 2930% Above Median

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TPE:2528 Crowell Development Corp TPE:2528
65 GF Score
Price NT$22.50
GF Value NT$120.71
Valuation Possible Value Trap
! 6 Warning Signs
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What is Crowell Development 3-Year ROIIC %?

Crowell Development TPE:2528 +0.67% 65 3-Year ROIIC % is 49.08 as of Dec. 2025, which is 2930% above its 10-year median of 1.62. GuruFocus rates TPE:2528 with a GF Score™ of 65/100 and a GF Value™ of NT$120.71 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,661 Real Estate companies, Crowell Development ranks better than 92.41% 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. Crowell Development's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 49.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TPE:2528's 3-Year ROIIC % is ranked better than
92.41% of 1661 companies
in the Real Estate industry
Industry Median: 2.41 vs TPE:2528: 49.08

Crowell Development  (TPE:2528) 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.


Crowell Development 3-Year ROIIC % Related Terms


Crowell Development 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Crowell Development'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.

Crowell Development 3-Year ROIIC % Chart

Crowell Development 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 6.34 4.26 5.43 8.94 49.08

Crowell Development 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 8.94 0.00 0.00 0.00 49.08

TPE:2528 vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison

For the Real Estate Services subindustry, Crowell Development'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.


Crowell Development 3-Year ROIIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Crowell Development's 3-Year ROIIC % distribution charts can be found below:

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


TPE:2528
65GF Score
Crowell Development Corp TPE:2528
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crowell Development 3-Year ROIIC % Calculation

Crowell Development'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**
=( 1566.9527436 (Dec. 2025) - 250.2771125 (Dec. 2022) )/( 19004.077 (Dec. 2025) - 16321.383 (Dec. 2022) )
=1316.6756311/2682.694
=49.08%***

* 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 49.08 mean?
Crowell Development (TPE:2528) has a 3-Year ROIIC % of 49.08 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 Crowell Development and its competitors. This is 2930% above median its historical median of 1.62. According to the industry distribution chart, Crowell Development ranks #126 out of 1661 companies in the Real Estate industry, placing it in the top 7.6%.
Is Crowell Development's 3-Year ROIIC % too high?
Crowell Development's current 3-Year ROIIC % of 49.08 is 2930% above median its 10-year median of 1.62. The Real Estate industry median 3-Year ROIIC % is 2.41. Crowell Development's value of 49.08 is 1936.5% above this industry median. Based on the distribution chart, Crowell Development ranks #126 out of 1661 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Crowell Development has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Crowell Development's 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Crowell Development ranks #126 out of 1661 companies for 3-Year ROIIC %. This places Crowell Development in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.41. Crowell Development's value of 49.08 is 1936.5% above this benchmark. While the company's 10-year median is 1.62 vs. the industry median of 2.41, Crowell Development 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.41, based on 1,661 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. Crowell Development's current 3-Year ROIIC % of 49.08 is 1936.5% 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 Crowell Development and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crowell Development's current 3-Year ROIIC % is 49.08, which is 2930% above median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crowell Development stock overvalued right now?
Based on GuruFocus' analysis, Crowell Development (TPE:2528) is currently considered Possible Value Trap. The stock's GF Value™ is NT$120.71, compared to a current price of NT$22.50 — trading 81.4% below its estimated fair value. The current 3-Year ROIIC % is 49.08, which is 2930% above median its 10-year median of 1.62 and 1936.5% above the Real Estate industry median of 2.41. Crowell Development's overall GF Score™ is 65/100 with 6 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 Crowell Development (TPE:2528), the current 3-Year ROIIC % is 49.08 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 Crowell Development (TPE:2528) Overvalued in 2026?

Based on GuruFocus' analysis, Crowell Development stock appears to be undervalued. The current stock price of NT$22.50 is trading 81.4% below its estimated GF Value™ of NT$120.71. GuruFocus considers Crowell Development to be Possible Value Trap.

Key valuation signals for TPE:2528:

  • 3-Year ROIIC %: 49.08 (2930% above median its 10-year median of 1.62)
  • GF Value™: NT$120.71 vs. price of NT$22.50 (81.4% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 1936.5% above the Real Estate median (#126 of 1661)

No single metric tells the full story. See the TPE:2528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crowell Development Business Description

Address No.747, Wenzhong Road, 6th Floor, Taoyuan District, Taoyuan City, TWN, 330
Crowell Development Corp engages in the business of construction, sales, and leasing of commercial and residential buildings. The company operates in a single segment of public housing, selling and leasing of residential and commercial buildings.
65GF Score

Get the complete analysis for TPE:2528

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

NT$22.50
Price
NT$120.71
GF Value