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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.
Para Light Electronics Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Para Light Electronics Co's 3-Year ROIIC % or its related term are showing as below:
TPE:6226's 3-Year ROIIC % is ranked better than 66.46% of 2370
companies
in the Hardware industry
Industry Median: 2.345
vs TPE:6226: 15.03
Para Light Electronics Co (TPE:6226) 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.
Para Light Electronics Co 3-Year ROIIC % Related Terms
Para Light Electronics Co 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:6226 vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, Para Light Electronics 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.
Para Light Electronics Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Para Light Electronics Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Para Light Electronics Co's 3-Year ROIIC % falls into.
Para Light Electronics Co 3-Year ROIIC % Calculation
Para Light Electronics 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**
=
( -51.568 (Dec. 2025) - -6.445533 (Dec. 2022) )
/
( 1720.253 (Dec. 2025) - 2020.402 (Dec. 2022) )
=
-45.122467
/
-300.149
=
15.03%***
* 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.
Para Light Electronics Co (TPE:6226) has a 3-Year ROIIC % of 15.03 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 Para Light Electronics Co and its competitors. According to the industry distribution chart, Para Light Electronics Co ranks #795 out of 2370 companies in the Hardware industry, placing it in the top 33.5%.
Is Para Light Electronics Co's 3-Year ROIIC % too high?
Para Light Electronics Co's current 3-Year ROIIC % is 15.03. The Hardware industry median 3-Year ROIIC % is 2.35. Para Light Electronics Co's value of 15.03 is 540.9% above this industry median. Based on the distribution chart, Para Light Electronics Co ranks #795 out of 2370 companies in the Hardware industry, which is above the industry midpoint. Overall, Para Light Electronics Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Para Light Electronics Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Para Light Electronics Co ranks #795 out of 2370 companies for 3-Year ROIIC %. This puts Para Light Electronics Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.35. Para Light Electronics Co's value of 15.03 is 540.9% above this benchmark. 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 2.35, based on 2,370 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. Para Light Electronics Co's current 3-Year ROIIC % of 15.03 is 540.9% 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 Para Light Electronics Co and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Para Light Electronics Co's current 3-Year ROIIC % is 15.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Para Light Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Para Light Electronics Co (TPE:6226) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.55, compared to a current price of NT$20.30 — trading 168.9% above its estimated fair value. The current 3-Year ROIIC % is 15.03 and 540.9% above the Hardware industry median of 2.35. Para Light Electronics Co's overall GF Score™ is 50/100 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 Para Light Electronics Co (TPE:6226), the current 3-Year ROIIC % is 15.03 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 Para Light Electronics Co (TPE:6226) Overvalued in 2026?
Based on GuruFocus' analysis, Para Light Electronics Co stock appears to be overvalued.
The current stock price of NT$20.30 is trading 168.9% above its estimated GF Value™ of NT$7.55.
GuruFocus considers Para Light Electronics Co to be Significantly Overvalued.
Key valuation signals for TPE:6226:
3-Year ROIIC %: 15.03
GF Value™: NT$7.55 vs. price of NT$20.30 (168.9% above fair value)
Industry Position: 540.9% above the Hardware median (#795 of 2370)
No single metric tells the full story. See the TPE:6226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Para Light Electronics Co Ltd mainly engage in the manufacture, processing and sale of various LEDs and LED displays. The company's products are Visible LED, SMD LED, UV LED, PLCC LED, IR LED, Display LED, Optical Sensor, Lamp LED, Power Semiconductor, Circuit Board Indicator, Automotive LED, Infrared. The company has three segments: Segment A produces and sells LEDs, materials, and LED-related optoelectronic products; Segment B develops and manages real estate; and Segment C engages in general investment. The company generates majority of revenue from Segment A. It has presence in Asia, America, Europe, and others.
50GF Score
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