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Emerging Display TechnologiesTPE:3038 77 3-Year ROIIC % is 54.10 as of Dec. 2025, which is 6% below its 10-year median of 57.69. GuruFocus rates TPE:3038 with a GF Score™ of 77/100 and a GF Value™ of NT$18.91 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,373 Hardware companies, Emerging Display Technologies ranks better than 84.83% 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.
Emerging Display Technologies's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 54.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Emerging Display Technologies 3-Year ROIIC % Related Terms
Emerging Display Technologies 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.
For the Electronic Components subindustry, Emerging Display Technologies'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.
Emerging Display Technologies 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Emerging Display Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Emerging Display Technologies'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.
Emerging Display Technologies (TPE:3038) has a 3-Year ROIIC % of 54.10 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 Emerging Display Technologies and its competitors. This is near median its historical median of 57.69. According to the industry distribution chart, Emerging Display Technologies ranks #360 out of 2373 companies in the Hardware industry, placing it in the top 15.2%.
Is Emerging Display Technologies' 3-Year ROIIC % too high?
Emerging Display Technologies' current 3-Year ROIIC % of 54.10 is near median its 10-year median of 57.69. The Hardware industry median 3-Year ROIIC % is 2.34. Emerging Display Technologies' value of 54.10 is 2212% above this industry median. Based on the distribution chart, Emerging Display Technologies ranks #360 out of 2373 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Emerging Display Technologies has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emerging Display Technologies' 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Emerging Display Technologies ranks #360 out of 2373 companies for 3-Year ROIIC %. This places Emerging Display Technologies in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.34. Emerging Display Technologies' value of 54.10 is 2212% above this benchmark. While the company's 10-year median is 57.69 vs. the industry median of 2.34, Emerging Display Technologies 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 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. Emerging Display Technologies's current 3-Year ROIIC % of 54.10 is 2212% 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 Emerging Display Technologies 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. Emerging Display Technologies's current 3-Year ROIIC % is 54.10, which is near median its own 10-year median of 57.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerging Display Technologies stock overvalued right now?
Based on GuruFocus' analysis, Emerging Display Technologies (TPE:3038) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.91, compared to a current price of NT$20.65 — trading 9.2% above its estimated fair value. The current 3-Year ROIIC % is 54.10, which is near median its 10-year median of 57.69 and 2212% above the Hardware industry median of 2.34. Emerging Display Technologies' overall GF Score™ is 77/100 with 5 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 Emerging Display Technologies (TPE:3038), the current 3-Year ROIIC % is 54.10 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 Emerging Display Technologies (TPE:3038) Overvalued in 2026?
Based on GuruFocus' analysis, Emerging Display Technologies stock appears to be overvalued.
The current stock price of NT$20.65 is trading 9.2% above its estimated GF Value™ of NT$18.91.
GuruFocus considers Emerging Display Technologies to be Fairly Valued.
Key valuation signals for TPE:3038:
3-Year ROIIC %: 54.10 (near median its 10-year median of 57.69)
GF Value™: NT$18.91 vs. price of NT$20.65 (9.2% above fair value)
Industry Position: 2212% above the Hardware median (#360 of 2373)
No single metric tells the full story. See the TPE:3038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerging Display Technologies Business Description
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panels and Liquid Crystal Displays (LCDs). Its operating segments include the Domestic segment, the North America segment, and the Mainland China segment. The Domestic segment engages in designing, manufacturing, and selling liquid crystal display modules and capacitive touch panels. The North America segment mainly expands the North American trading business and deals with the sale of liquid crystal displays provided by the domestic segment. The Mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment. Geographically, the company derives key revenue from Europe and the rest from America, and other regions.
77GF Score
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