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.
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.
Giant Manufacturing CoTPE:9921 -1.49%73 3-Year ROIIC % is 34.10 as of Dec. 2025, which is 2815% above its 10-year median of 1.17. GuruFocus rates TPE:9921 with a GF Score™ of 73/100 and a GF Value™ of NT$124.37 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 792 Travel & Leisure companies, Giant Manufacturing Co ranks better than 78.41% 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.
Giant Manufacturing Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 34.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Giant Manufacturing Co's 3-Year ROIIC % or its related term are showing as below:
TPE:9921's 3-Year ROIIC % is ranked better than 78.41% of 792
companies
in the Travel & Leisure industry
Industry Median: 3.995
vs TPE:9921: 34.10
Giant Manufacturing Co (TPE:9921) 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.
Giant Manufacturing Co 3-Year ROIIC % Related Terms
Giant Manufacturing Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Giant Manufacturing 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:9921 vs AS, HAS, LTH: 3-Year ROIIC % Comparison
For the Leisure subindustry, Giant Manufacturing 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.
Giant Manufacturing Co 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Giant Manufacturing Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Giant Manufacturing 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.
Giant Manufacturing Co (TPE:9921) has a 3-Year ROIIC % of 34.10 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 Giant Manufacturing Co and its competitors. This is 2815% above median its historical median of 1.17. According to the industry distribution chart, Giant Manufacturing Co ranks #171 out of 792 companies in the Travel & Leisure industry, placing it in the top 21.6%.
Is Giant Manufacturing Co's 3-Year ROIIC % too high?
Giant Manufacturing Co's current 3-Year ROIIC % of 34.10 is 2815% above median its 10-year median of 1.17. The Travel & Leisure industry median 3-Year ROIIC % is 4.00. Giant Manufacturing Co's value of 34.10 is 753.6% above this industry median. Based on the distribution chart, Giant Manufacturing Co ranks #171 out of 792 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Giant Manufacturing Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Giant Manufacturing Co's 3-Year ROIIC % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Giant Manufacturing Co ranks #171 out of 792 companies for 3-Year ROIIC %. This places Giant Manufacturing Co in the top 22% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.00. Giant Manufacturing Co's value of 34.10 is 753.6% above this benchmark. While the company's 10-year median is 1.17 vs. the industry median of 4.00, Giant Manufacturing 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 4.00, based on 792 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. Giant Manufacturing Co's current 3-Year ROIIC % of 34.10 is 753.6% 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 Giant Manufacturing Co and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giant Manufacturing Co's current 3-Year ROIIC % is 34.10, which is 2815% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giant Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Giant Manufacturing Co (TPE:9921) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$124.37, compared to a current price of NT$86.10 — trading 30.8% below its estimated fair value. The current 3-Year ROIIC % is 34.10, which is 2815% above median its 10-year median of 1.17 and 753.6% above the Travel & Leisure industry median of 4.00. Giant Manufacturing Co's overall GF Score™ is 73/100 with 6 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 Giant Manufacturing Co (TPE:9921), the current 3-Year ROIIC % is 34.10 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 Giant Manufacturing Co (TPE:9921) Overvalued in 2026?
Based on GuruFocus' analysis, Giant Manufacturing Co stock appears to be undervalued.
The current stock price of NT$86.10 is trading 30.8% below its estimated GF Value™ of NT$124.37.
GuruFocus considers Giant Manufacturing Co to be Significantly Undervalued.
Key valuation signals for TPE:9921:
3-Year ROIIC %: 34.10 (2815% above median its 10-year median of 1.17)
GF Value™: NT$124.37 vs. price of NT$86.10 (30.8% below fair value)
Industry Position: 753.6% above the Travel & Leisure median (#171 of 792)
No single metric tells the full story. See the TPE:9921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Giant Manufacturing Co Ltd manufactures and sells bicycles, electric bicycles and related parts. Its segments includes Bicycle, Materials, and Others. The company generates majority of its revenue from Bicycle segment.
73GF Score
Get the complete analysis for TPE:9921
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:9921 has been successfully added to your 
