Global Brands Manufacture (TPE:6191) 3-Year ROIIC % : 2.36% (As of Dec. 2025) — 73% Below Median

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TPE:6191 Global Brands Manufacture Ltd TPE:6191
87 GF Score
Price NT$91.00
GF Value NT$108.93
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Global Brands Manufacture 3-Year ROIIC %?

Global Brands Manufacture TPE:6191 87 3-Year ROIIC % is 2.36 as of Dec. 2025, which is 73% below its 10-year median of 8.72. GuruFocus rates TPE:6191 with a GF Score™ of 87/100 and a GF Value™ of NT$108.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,373 Hardware companies, Global Brands Manufacture ranks better than 50.19% 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. Global Brands Manufacture's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Global Brands Manufacture's 3-Year ROIIC % or its related term are showing as below:

TPE:6191's 3-Year ROIIC % is ranked better than
50.19% of 2373 companies
in the Hardware industry
Industry Median: 2.33 vs TPE:6191: 2.36

Global Brands Manufacture  (TPE:6191) 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.


Global Brands Manufacture 3-Year ROIIC % Related Terms


Global Brands Manufacture 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Global Brands Manufacture'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.

Global Brands Manufacture 3-Year ROIIC % Chart

Global Brands Manufacture 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 85.57 -56.38 141.67 -3.07 2.36

Global Brands Manufacture Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 2.36 0.00

TPE:6191 vs APH, GLW: 3-Year ROIIC % Comparison

For the Electronic Components subindustry, Global Brands Manufacture'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.


Global Brands Manufacture 3-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Global Brands Manufacture's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Global Brands Manufacture's 3-Year ROIIC % falls into.


TPE:6191
87GF Score
Global Brands Manufacture Ltd TPE:6191
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Brands Manufacture 3-Year ROIIC % Calculation

Global Brands Manufacture'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**
=( 2448.9893923 (Dec. 2025) - 1877.145992 (Dec. 2022) )/( 43353.934 (Dec. 2025) - 19157.608 (Dec. 2022) )
=571.8434003/24196.326
=2.36%***

* 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 2.36 mean?
Global Brands Manufacture (TPE:6191) has a 3-Year ROIIC % of 2.36 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 Global Brands Manufacture and its competitors. This is 73% below median its historical median of 8.72. According to the industry distribution chart, Global Brands Manufacture ranks #1182 out of 2373 companies in the Hardware industry, placing it in the top 49.8%.
Is Global Brands Manufacture's 3-Year ROIIC % too high?
Global Brands Manufacture's current 3-Year ROIIC % of 2.36 is 73% below median its 10-year median of 8.72. The Hardware industry median 3-Year ROIIC % is 2.33. Global Brands Manufacture's value of 2.36 is 1.3% above this industry median. Based on the distribution chart, Global Brands Manufacture ranks #1182 out of 2373 companies in the Hardware industry, which is above the industry midpoint. Overall, Global Brands Manufacture has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global Brands Manufacture's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Global Brands Manufacture ranks #1182 out of 2373 companies for 3-Year ROIIC %. This puts Global Brands Manufacture in the upper half of its industry. The industry median 3-Year ROIIC % is 2.33. Global Brands Manufacture's value of 2.36 is 1.3% above this benchmark. While the company's 10-year median is 8.72 vs. the industry median of 2.33, Global Brands Manufacture 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 2.33, 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. Global Brands Manufacture's current 3-Year ROIIC % of 2.36 is 1.3% 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 Global Brands Manufacture and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Brands Manufacture's current 3-Year ROIIC % is 2.36, which is 73% below median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Brands Manufacture stock overvalued right now?
Based on GuruFocus' analysis, Global Brands Manufacture (TPE:6191) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$108.93, compared to a current price of NT$91.00 — trading 16.5% below its estimated fair value. The current 3-Year ROIIC % is 2.36, which is 73% below median its 10-year median of 8.72 and 1.3% above the Hardware industry median of 2.33. Global Brands Manufacture's overall GF Score™ is 87/100 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 Global Brands Manufacture (TPE:6191), the current 3-Year ROIIC % is 2.36 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 Global Brands Manufacture (TPE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, Global Brands Manufacture stock appears to be undervalued. The current stock price of NT$91.00 is trading 16.5% below its estimated GF Value™ of NT$108.93. GuruFocus considers Global Brands Manufacture to be Modestly Undervalued.

Key valuation signals for TPE:6191:

  • 3-Year ROIIC %: 2.36 (73% below median its 10-year median of 8.72)
  • GF Value™: NT$108.93 vs. price of NT$91.00 (16.5% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 1.3% above the Hardware median (#1182 of 2373)

No single metric tells the full story. See the TPE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Brands Manufacture Business Description

Address No. 48-3, Minquan Road, 4th Floor, Xindian District, New Taipei, TWN, 231023
Global Brands Manufacture Ltd is mainly engaged in the manufacturer specializing in Printed Circuit Boards (PCB) and Electronic Manufacturing Services (EMS). The company serves a diverse range of markets, including information, communication, automobile, and consumer electronics. Its geographical segments are Asia, America, and Europe, of which the majority of its revenue comes from Asia.
87GF Score

Get the complete analysis for TPE:6191

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

NT$91.00
Price
NT$108.93
GF Value