Lee Chang Yung Technology (TPE:4989) 3-Year ROIIC % : 819.87% (As of Dec. 2025) — 1727% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:4989 Lee Chang Yung Technology Corp TPE:4989
51 GF Score
Price NT$64.90
GF Value NT$16.61
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lee Chang Yung Technology 3-Year ROIIC %?

Lee Chang Yung Technology TPE:4989 -7.81% 51 3-Year ROIIC % is 819.87 as of Dec. 2025, which is 1727% above its 10-year median of 44.88. GuruFocus rates TPE:4989 with a GF Score™ of 51/100 and a GF Value™ of NT$16.61 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,303 Metals & Mining companies, Lee Chang Yung Technology ranks better than 96.53% 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. Lee Chang Yung Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 819.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Lee Chang Yung Technology's 3-Year ROIIC % or its related term are showing as below:

TPE:4989's 3-Year ROIIC % is ranked better than
96.53% of 2303 companies
in the Metals & Mining industry
Industry Median: -2.54 vs TPE:4989: 819.87

Lee Chang Yung Technology  (TPE:4989) 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.


Lee Chang Yung Technology 3-Year ROIIC % Related Terms


Lee Chang Yung Technology 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Lee Chang Yung Technology'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.

Lee Chang Yung Technology 3-Year ROIIC % Chart

Lee Chang Yung Technology 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 50.46 39.30 -101.54 878.78 819.87

Lee Chang Yung Technology 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 878.78 0.00 0.00 0.00 819.87

TPE:4989 vs SCCO, FCX: 3-Year ROIIC % Comparison

For the Copper subindustry, Lee Chang Yung Technology'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.


Lee Chang Yung Technology 3-Year ROIIC % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lee Chang Yung Technology's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Lee Chang Yung Technology's 3-Year ROIIC % falls into.


TPE:4989
51GF Score
Lee Chang Yung Technology Corp TPE:4989
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lee Chang Yung Technology 3-Year ROIIC % Calculation

Lee Chang Yung Technology'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**
=( -461.186 (Dec. 2025) - 101.635272 (Dec. 2022) )/( 1726.134 (Dec. 2025) - 1794.782 (Dec. 2022) )
=-562.821272/-68.648
=819.87%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 819.87 mean?
Lee Chang Yung Technology (TPE:4989) has a 3-Year ROIIC % of 819.87 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 Lee Chang Yung Technology and its competitors. This is 1727% above median its historical median of 44.88. According to the industry distribution chart, Lee Chang Yung Technology ranks #80 out of 2303 companies in the Metals & Mining industry, placing it in the top 3.5%.
Is Lee Chang Yung Technology's 3-Year ROIIC % too high?
Lee Chang Yung Technology's current 3-Year ROIIC % of 819.87 is 1727% above median its 10-year median of 44.88. Based on the distribution chart, Lee Chang Yung Technology ranks #80 out of 2303 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lee Chang Yung Technology has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lee Chang Yung Technology's 3-Year ROIIC % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Lee Chang Yung Technology ranks #80 out of 2303 companies for 3-Year ROIIC %. This places Lee Chang Yung Technology in the top 4% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good 3-Year ROIIC % depends on the Metals & Mining industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Lee Chang Yung Technology and its competitors. Lee Chang Yung Technology's current 3-Year ROIIC % is 819.87, which is 1727% above median its own 10-year median of 44.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee Chang Yung Technology stock overvalued right now?
Based on GuruFocus' analysis, Lee Chang Yung Technology (TPE:4989) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.61, compared to a current price of NT$64.90 — trading 290.7% above its estimated fair value. The current 3-Year ROIIC % is 819.87, which is 1727% above median its 10-year median of 44.88. Lee Chang Yung Technology's overall GF Score™ is 51/100 with 4 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 Lee Chang Yung Technology (TPE:4989), the current 3-Year ROIIC % is 819.87 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 Lee Chang Yung Technology (TPE:4989) Overvalued in 2026?

Based on GuruFocus' analysis, Lee Chang Yung Technology stock appears to be overvalued. The current stock price of NT$64.90 is trading 290.7% above its estimated GF Value™ of NT$16.61. GuruFocus considers Lee Chang Yung Technology to be Significantly Overvalued.

Key valuation signals for TPE:4989:

  • 3-Year ROIIC %: 819.87 (1727% above median its 10-year median of 44.88)
  • GF Value™: NT$16.61 vs. price of NT$64.90 (290.7% above fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the TPE:4989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lee Chang Yung Technology Business Description

Address Bade Road, 5th Floor, No. 83, Section 4, Songshan District, Taipei City, TWN
Lee Chang Yung Technology Corp produces, manufactures, and sells electrolytic copper foil, an upstream material for printed circuit boards. The Group currently sells a single product, copper foil.
51GF Score

Get the complete analysis for TPE:4989

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

NT$64.90
Price
NT$16.61
GF Value