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TOPBI International HoldingsTPE:2929 +1.87%70 3-Year ROIIC % is 23.28 as of Dec. 2025, which is 60% below its 10-year median of 57.56. GuruFocus rates TPE:2929 with a GF Score™ of 70/100 and a GF Value™ of NT$7.76 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, TOPBI International Holdings ranks better than 77.22% 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.
TOPBI International Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 23.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
TPE:2929's 3-Year ROIIC % is ranked better than 77.22% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.465
vs TPE:2929: 23.28
TOPBI International Holdings (TPE:2929) 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.
TOPBI International Holdings 3-Year ROIIC % Related Terms
TOPBI International Holdings 3-Year ROIIC % Historical Data
* 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:2929 vs RL, LEVI, VFC: 3-Year ROIIC % Comparison
For the Apparel Manufacturing subindustry, TOPBI International Holdings'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.
TOPBI International Holdings 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TOPBI International Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TOPBI International Holdings'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.
TOPBI International Holdings (TPE:2929) has a 3-Year ROIIC % of 23.28 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 TOPBI International Holdings and its competitors. This is 60% below median its historical median of 57.56. According to the industry distribution chart, TOPBI International Holdings ranks #231 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.8%.
Is TOPBI International Holdings' 3-Year ROIIC % too high?
TOPBI International Holdings' current 3-Year ROIIC % of 23.28 is 60% below median its 10-year median of 57.56. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.47. TOPBI International Holdings' value of 23.28 is 1489.1% above this industry median. Based on the distribution chart, TOPBI International Holdings ranks #231 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, TOPBI International Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOPBI International Holdings' 3-Year ROIIC % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TOPBI International Holdings ranks #231 out of 1014 companies for 3-Year ROIIC %. This places TOPBI International Holdings in the top 23% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.47. TOPBI International Holdings' value of 23.28 is 1489.1% above this benchmark. While the company's 10-year median is 57.56 vs. the industry median of 1.47, TOPBI International Holdings 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.47, based on 1,014 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. TOPBI International Holdings's current 3-Year ROIIC % of 23.28 is 1489.1% 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 TOPBI International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOPBI International Holdings's current 3-Year ROIIC % is 23.28, which is 60% below median its own 10-year median of 57.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOPBI International Holdings stock overvalued right now?
Based on GuruFocus' analysis, TOPBI International Holdings (TPE:2929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$7.76, compared to a current price of NT$6.00 — trading 22.7% below its estimated fair value. The current 3-Year ROIIC % is 23.28, which is 60% below median its 10-year median of 57.56 and 1489.1% above the Manufacturing - Apparel & Accessories industry median of 1.47. TOPBI International Holdings' overall GF Score™ is 70/100 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 TOPBI International Holdings (TPE:2929), the current 3-Year ROIIC % is 23.28 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 TOPBI International Holdings (TPE:2929) Overvalued in 2026?
Based on GuruFocus' analysis, TOPBI International Holdings stock appears to be undervalued.
The current stock price of NT$6.00 is trading 22.7% below its estimated GF Value™ of NT$7.76.
GuruFocus considers TOPBI International Holdings to be Modestly Undervalued.
Key valuation signals for TPE:2929:
3-Year ROIIC %: 23.28 (60% below median its 10-year median of 57.56)
GF Value™: NT$7.76 vs. price of NT$6.00 (22.7% below fair value)
Industry Position: 1489.1% above the Manufacturing - Apparel & Accessories median (#231 of 1014)
No single metric tells the full story. See the TPE:2929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOPBI International Holdings Ltd is a children's clothing manufacturer. Its products, which it sells under the TOPBI (Amoy) brand, are designed for middle-class families with children under 16 years old. Nearly half of the company's sales are from items designed for the 1- to 3-year-old age group. TOPBI sells its products through both company-owned stores and third-party distributors. The company focuses on reaching customers in the developing market in China, and its roughly 1,500 stores are in more than a dozen Chinese provinces.
70GF Score
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