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Shin Shin CoTPE:2901 -0.21%85 3-Year ROIIC % is 35.87 as of Dec. 2025, which is 84% above its 10-year median of 19.46. GuruFocus rates TPE:2901 with a GF Score™ of 85/100 and a GF Value™ of NT$27.45 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,059 Retail - Cyclical companies, Shin Shin Co ranks better than 82.06% 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.
Shin Shin Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 35.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shin Shin Co's 3-Year ROIIC % or its related term are showing as below:
TPE:2901's 3-Year ROIIC % is ranked better than 82.06% of 1059
companies
in the Retail - Cyclical industry
Industry Median: 4.48
vs TPE:2901: 35.87
Shin Shin Co (TPE:2901) 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.
Shin Shin Co 3-Year ROIIC % Related Terms
Shin Shin Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Shin Shin 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.
For the Department Stores subindustry, Shin Shin 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.
Shin Shin Co 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shin Shin Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shin Shin Co's 3-Year ROIIC % falls into.
Shin Shin Co'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**
=
( 16.899522 (Dec. 2025) - 5.8491145 (Dec. 2022) )
/
( 597.287 (Dec. 2025) - 566.48 (Dec. 2022) )
=
11.0504075
/
30.807
=
35.87%***
* 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.
Shin Shin Co (TPE:2901) has a 3-Year ROIIC % of 35.87 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 Shin Shin Co and its competitors. This is 84% above median its historical median of 19.46. According to the industry distribution chart, Shin Shin Co ranks #190 out of 1059 companies in the Retail - Cyclical industry, placing it in the top 17.9%.
Is Shin Shin Co's 3-Year ROIIC % too high?
Shin Shin Co's current 3-Year ROIIC % of 35.87 is 84% above median its 10-year median of 19.46. The Retail - Cyclical industry median 3-Year ROIIC % is 4.48. Shin Shin Co's value of 35.87 is 700.7% above this industry median. Based on the distribution chart, Shin Shin Co ranks #190 out of 1059 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Shin Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Co's 3-Year ROIIC % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shin Shin Co ranks #190 out of 1059 companies for 3-Year ROIIC %. This places Shin Shin Co in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.48. Shin Shin Co's value of 35.87 is 700.7% above this benchmark. While the company's 10-year median is 19.46 vs. the industry median of 4.48, Shin Shin 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.48, based on 1,059 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. Shin Shin Co's current 3-Year ROIIC % of 35.87 is 700.7% 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 Shin Shin Co and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Co's current 3-Year ROIIC % is 35.87, which is 84% above median its own 10-year median of 19.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Co (TPE:2901) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$27.45, compared to a current price of NT$24.05 — trading 12.4% below its estimated fair value. The current 3-Year ROIIC % is 35.87, which is 84% above median its 10-year median of 19.46 and 700.7% above the Retail - Cyclical industry median of 4.48. Shin Shin Co's overall GF Score™ is 85/100 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 Shin Shin Co (TPE:2901), the current 3-Year ROIIC % is 35.87 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 Shin Shin Co (TPE:2901) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Shin Co stock appears to be undervalued.
The current stock price of NT$24.05 is trading 12.4% below its estimated GF Value™ of NT$27.45.
GuruFocus considers Shin Shin Co to be Modestly Undervalued.
Key valuation signals for TPE:2901:
3-Year ROIIC %: 35.87 (84% above median its 10-year median of 19.46)
GF Value™: NT$27.45 vs. price of NT$24.05 (12.4% below fair value)
Industry Position: 700.7% above the Retail - Cyclical median (#190 of 1059)
No single metric tells the full story. See the TPE:2901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Shin Co Ltd is engaged in business operations including supermarkets, department store retailing, cinemas, parking lots, and property leasing. Maximum of its revenue is generated from Department store.
85GF Score
Get the complete analysis for TPE:2901
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