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Apogee Optocom CoTPE:6426 +7.40%59 3-Year ROIIC % is 20.51 as of Dec. 2025, which is 380% above its 10-year median of 4.27. GuruFocus rates TPE:6426 with a GF Score™ of 59/100 and a GF Value™ of NT$88.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,373 Hardware companies, Apogee Optocom Co ranks better than 71.77% 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.
Apogee Optocom Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 20.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Apogee Optocom Co's 3-Year ROIIC % or its related term are showing as below:
TPE:6426's 3-Year ROIIC % is ranked better than 71.77% of 2373
companies
in the Hardware industry
Industry Median: 2.33
vs TPE:6426: 20.51
Apogee Optocom Co (TPE:6426) 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.
Apogee Optocom Co 3-Year ROIIC % Related Terms
Apogee Optocom Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Apogee Optocom Co'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.
TPE:6426 vs CSCO, CIEN, MSI: 3-Year ROIIC % Comparison
For the Communication Equipment subindustry, Apogee Optocom 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.
Apogee Optocom Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Apogee Optocom Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Apogee Optocom Co's 3-Year ROIIC % falls into.
Apogee Optocom 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**
=
( -14.579 (Dec. 2025) - 57.4891905 (Dec. 2022) )
/
( 375.645 (Dec. 2025) - 727.082 (Dec. 2022) )
=
-72.0681905
/
-351.437
=
20.51%***
* 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.
Apogee Optocom Co (TPE:6426) has a 3-Year ROIIC % of 20.51 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 Apogee Optocom Co and its competitors. This is 380% above median its historical median of 4.27. According to the industry distribution chart, Apogee Optocom Co ranks #670 out of 2373 companies in the Hardware industry, placing it in the top 28.2%.
Is Apogee Optocom Co's 3-Year ROIIC % too high?
Apogee Optocom Co's current 3-Year ROIIC % of 20.51 is 380% above median its 10-year median of 4.27. The Hardware industry median 3-Year ROIIC % is 2.33. Apogee Optocom Co's value of 20.51 is 780.3% above this industry median. Based on the distribution chart, Apogee Optocom Co ranks #670 out of 2373 companies in the Hardware industry, which is above the industry midpoint. Overall, Apogee Optocom Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apogee Optocom Co's 3-Year ROIIC % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Apogee Optocom Co ranks #670 out of 2373 companies for 3-Year ROIIC %. This puts Apogee Optocom Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.33. Apogee Optocom Co's value of 20.51 is 780.3% above this benchmark. While the company's 10-year median is 4.27 vs. the industry median of 2.33, Apogee Optocom Co 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. Apogee Optocom Co's current 3-Year ROIIC % of 20.51 is 780.3% 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 Apogee Optocom Co 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. Apogee Optocom Co's current 3-Year ROIIC % is 20.51, which is 380% above median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Optocom Co stock overvalued right now?
Based on GuruFocus' analysis, Apogee Optocom Co (TPE:6426) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$88.36, compared to a current price of NT$167.00 — trading 89% above its estimated fair value. The current 3-Year ROIIC % is 20.51, which is 380% above median its 10-year median of 4.27 and 780.3% above the Hardware industry median of 2.33. Apogee Optocom Co's overall GF Score™ is 59/100 with 2 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 Apogee Optocom Co (TPE:6426), the current 3-Year ROIIC % is 20.51 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 Apogee Optocom Co (TPE:6426) Overvalued in 2026?
Based on GuruFocus' analysis, Apogee Optocom Co stock appears to be overvalued.
The current stock price of NT$167.00 is trading 89% above its estimated GF Value™ of NT$88.36.
GuruFocus considers Apogee Optocom Co to be Significantly Overvalued.
Key valuation signals for TPE:6426:
3-Year ROIIC %: 20.51 (380% above median its 10-year median of 4.27)
GF Value™: NT$88.36 vs. price of NT$167.00 (89% above fair value)
Industry Position: 780.3% above the Hardware median (#670 of 2373)
No single metric tells the full story. See the TPE:6426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apogee Optocom Co Ltd is a communication component manufacturer based in Taiwan. Its product offerings mainly include thin-film filters for active optical communication components (E-PON, G-PON) and thin-film filters for passive optical communication components (CWDM, DWDM). Additionally, Group is involved in optical and functional thin film processing, and offers optical filters for 1.6T Gbps optical communication modules, co-packaged optics coating applications, and bandpass filters for mid-infrared (MIR) sensors. It also offers measurement instruments like white light interferometers, spectrometers, and mid and far-infrared spectrometers. The Group's reportable operating segments are: the parent company, which derives key revenue, and Subsidiary. Geographically, its key market is China.
59GF Score
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