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Taiwan Secom CoTPE:9917 -0.92%90 3-Year ROIIC % is 14.78 as of Dec. 2025, which is 52% above its 10-year median of 9.73. GuruFocus rates TPE:9917 with a GF Score™ of 90/100 and a GF Value™ of NT$137.75 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,011 Business Services companies, Taiwan Secom Co ranks better than 67.06% 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.
Taiwan Secom Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 14.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Taiwan Secom Co's 3-Year ROIIC % or its related term are showing as below:
TPE:9917's 3-Year ROIIC % is ranked better than 67.06% of 1011
companies
in the Business Services industry
Industry Median: 5.08
vs TPE:9917: 14.78
Taiwan Secom Co (TPE:9917) 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.
Taiwan Secom Co 3-Year ROIIC % Related Terms
Taiwan Secom Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Taiwan Secom 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:9917 vs ALLE, MSA, ADT: 3-Year ROIIC % Comparison
For the Security & Protection Services subindustry, Taiwan Secom 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.
Taiwan Secom Co 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Taiwan Secom Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Taiwan Secom Co'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.
Taiwan Secom Co (TPE:9917) has a 3-Year ROIIC % of 14.78 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 Taiwan Secom Co and its competitors. This is 52% above median its historical median of 9.73. According to the industry distribution chart, Taiwan Secom Co ranks #333 out of 1011 companies in the Business Services industry, placing it in the top 32.9%.
Is Taiwan Secom Co's 3-Year ROIIC % too high?
Taiwan Secom Co's current 3-Year ROIIC % of 14.78 is 52% above median its 10-year median of 9.73. The Business Services industry median 3-Year ROIIC % is 5.08. Taiwan Secom Co's value of 14.78 is 190.9% above this industry median. Based on the distribution chart, Taiwan Secom Co ranks #333 out of 1011 companies in the Business Services industry, which is above the industry midpoint. Overall, Taiwan Secom Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Secom Co's 3-Year ROIIC % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Taiwan Secom Co ranks #333 out of 1011 companies for 3-Year ROIIC %. This puts Taiwan Secom Co in the upper half of its industry. The industry median 3-Year ROIIC % is 5.08. Taiwan Secom Co's value of 14.78 is 190.9% above this benchmark. While the company's 10-year median is 9.73 vs. the industry median of 5.08, Taiwan Secom 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 Business Services company?
The median 3-Year ROIIC % among Business Services companies is 5.08, based on 1,011 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. Taiwan Secom Co's current 3-Year ROIIC % of 14.78 is 190.9% 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 Taiwan Secom Co and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Secom Co's current 3-Year ROIIC % is 14.78, which is 52% above median its own 10-year median of 9.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Secom Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Secom Co (TPE:9917) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$137.75, compared to a current price of NT$107.50 — trading 22% below its estimated fair value. The current 3-Year ROIIC % is 14.78, which is 52% above median its 10-year median of 9.73 and 190.9% above the Business Services industry median of 5.08. Taiwan Secom Co's overall GF Score™ is 90/100 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 Taiwan Secom Co (TPE:9917), the current 3-Year ROIIC % is 14.78 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 Taiwan Secom Co (TPE:9917) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Secom Co stock appears to be undervalued.
The current stock price of NT$107.50 is trading 22% below its estimated GF Value™ of NT$137.75.
GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.
Key valuation signals for TPE:9917:
3-Year ROIIC %: 14.78 (52% above median its 10-year median of 9.73)
GF Value™: NT$137.75 vs. price of NT$107.50 (22% below fair value)
Industry Position: 190.9% above the Business Services median (#333 of 1011)
No single metric tells the full story. See the TPE:9917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Secom Co Ltd is engaged mainly in the security service. Its segments consist of Electronic systems segment engages in security system related service; Security services segment engages in security guarding related service; Cash delivery services engages in cash delivery service; Logistics services segment engages in logistic service; and Catering services segment engages in catering services. It derives the majority of revenue from Electronic systems segment.
90GF Score
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