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Taiwan Navigation CoTPE:2617 -1.04%86 3-Year ROIIC % is 8.98 as of Dec. 2025, which is 7% above its 10-year median of 8.40. GuruFocus rates TPE:2617 with a GF Score™ of 86/100 and a GF Value™ of NT$34.89 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 940 Transportation companies, Taiwan Navigation Co ranks better than 64.57% 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.
Taiwan Navigation Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 8.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Taiwan Navigation Co's 3-Year ROIIC % or its related term are showing as below:
TPE:2617's 3-Year ROIIC % is ranked better than 64.57% of 940
companies
in the Transportation industry
Industry Median: 2.005
vs TPE:2617: 8.98
Taiwan Navigation Co (TPE:2617) 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.
Taiwan Navigation Co 3-Year ROIIC % Related Terms
Taiwan Navigation Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Taiwan Navigation 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.
Taiwan Navigation Co 3-Year ROIIC % Competitor Comparison
For the Marine Shipping subindustry, Taiwan Navigation 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.
Taiwan Navigation Co 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan Navigation Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Taiwan Navigation 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.
Taiwan Navigation Co (TPE:2617) has a 3-Year ROIIC % of 8.98 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 Taiwan Navigation Co and its competitors. This is near median its historical median of 8.40. According to the industry distribution chart, Taiwan Navigation Co ranks #333 out of 940 companies in the Transportation industry, placing it in the top 35.4%.
Is Taiwan Navigation Co's 3-Year ROIIC % too high?
Taiwan Navigation Co's current 3-Year ROIIC % of 8.98 is near median its 10-year median of 8.40. The Transportation industry median 3-Year ROIIC % is 2.01. Taiwan Navigation Co's value of 8.98 is 347.9% above this industry median. Based on the distribution chart, Taiwan Navigation Co ranks #333 out of 940 companies in the Transportation industry, which is above the industry midpoint. Overall, Taiwan Navigation Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's 3-Year ROIIC % compare to competitors?
According to the Transportation industry distribution chart, Taiwan Navigation Co ranks #333 out of 940 companies for 3-Year ROIIC %. This puts Taiwan Navigation Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.01. Taiwan Navigation Co's value of 8.98 is 347.9% above this benchmark. While the company's 10-year median is 8.40 vs. the industry median of 2.01, Taiwan Navigation 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.01, based on 940 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. Taiwan Navigation Co's current 3-Year ROIIC % of 8.98 is 347.9% 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 Taiwan Navigation Co and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Navigation Co's current 3-Year ROIIC % is 8.98, which is near median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.89, compared to a current price of NT$28.50 — trading 18.3% below its estimated fair value. The current 3-Year ROIIC % is 8.98, which is near median its 10-year median of 8.40 and 347.9% above the Transportation industry median of 2.01. Taiwan Navigation Co's overall GF Score™ is 86/100 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 Taiwan Navigation Co (TPE:2617), the current 3-Year ROIIC % is 8.98 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued.
The current stock price of NT$28.50 is trading 18.3% below its estimated GF Value™ of NT$34.89.
GuruFocus considers Taiwan Navigation Co to be Modestly Undervalued.
Key valuation signals for TPE:2617:
3-Year ROIIC %: 8.98 (near median its 10-year median of 8.40)
GF Value™: NT$34.89 vs. price of NT$28.50 (18.3% below fair value)
Industry Position: 347.9% above the Transportation median (#333 of 940)
No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
86GF Score
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