Co-Tech Development (ROCO:8358) 5-Year ROIIC % : 12.41% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:8358 Co-Tech Development Corp ROCO:8358
74 GF Score
Price NT$352.00
GF Value NT$98.02
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Co-Tech Development 5-Year ROIIC %?

Co-Tech Development ROCO:8358 -8.33% 74 5-Year ROIIC % is 12.41 as of Dec. 2025. GuruFocus rates ROCO:8358 with a GF Score™ of 74/100 and a GF Value™ of NT$98.02 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,273 Hardware companies, Co-Tech Development ranks better than 66.87% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Co-Tech Development's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 12.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Co-Tech Development's 5-Year ROIIC % or its related term are showing as below:

ROCO:8358's 5-Year ROIIC % is ranked better than
66.87% of 2273 companies
in the Hardware industry
Industry Median: 3.31 vs ROCO:8358: 12.41

Co-Tech Development  (ROCO:8358) 5-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.


Co-Tech Development 5-Year ROIIC % Related Terms


Co-Tech Development 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Co-Tech Development's 5-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.

Co-Tech Development 5-Year ROIIC % Chart

Co-Tech Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -171.58 -21.35 -11.36 19.48 12.41

Co-Tech Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
5-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 12.41 0.00

ROCO:8358 vs APH, GLW, TEL: 5-Year ROIIC % Comparison

For the Electronic Components subindustry, Co-Tech Development's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Co-Tech Development 5-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Co-Tech Development's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Co-Tech Development's 5-Year ROIIC % falls into.


ROCO:8358
74GF Score
Co-Tech Development Corp ROCO:8358
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Co-Tech Development 5-Year ROIIC % Calculation

Co-Tech Development's 5-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 1147.0320075 (Dec. 2025) - 595.5894033 (Dec. 2020) )/( 7834.956 (Dec. 2025) - 3391.316 (Dec. 2020) )
=551.4426042/4443.64
=12.41%***

* 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 5-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 5-Year ROIIC % →
What does a 5-Year ROIIC % of 12.41 mean?
Co-Tech Development (ROCO:8358) has a 5-Year ROIIC % of 12.41 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Co-Tech Development and its competitors. According to the industry distribution chart, Co-Tech Development ranks #753 out of 2273 companies in the Hardware industry, placing it in the top 33.1%.
Is Co-Tech Development's 5-Year ROIIC % too high?
Co-Tech Development's current 5-Year ROIIC % is 12.41. The Hardware industry median 5-Year ROIIC % is 3.31. Co-Tech Development's value of 12.41 is 274.9% above this industry median. Based on the distribution chart, Co-Tech Development ranks #753 out of 2273 companies in the Hardware industry, which is above the industry midpoint. Overall, Co-Tech Development has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Co-Tech Development's 5-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Co-Tech Development ranks #753 out of 2273 companies for 5-Year ROIIC %. This puts Co-Tech Development in the upper half of its industry. The industry median 5-Year ROIIC % is 3.31. Co-Tech Development's value of 12.41 is 274.9% 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 5-Year ROIIC % for a Hardware company?
The median 5-Year ROIIC % among Hardware companies is 3.31, based on 2,273 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Co-Tech Development's current 5-Year ROIIC % of 12.41 is 274.9% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Co-Tech Development and its competitors. For the Hardware industry, the median 5-Year ROIIC % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Co-Tech Development's current 5-Year ROIIC % is 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Co-Tech Development stock overvalued right now?
Based on GuruFocus' analysis, Co-Tech Development (ROCO:8358) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$98.02, compared to a current price of NT$352.00 — trading 259.1% above its estimated fair value. The current 5-Year ROIIC % is 12.41 and 274.9% above the Hardware industry median of 3.31. Co-Tech Development's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Co-Tech Development (ROCO:8358), the current 5-Year ROIIC % is 12.41 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 Co-Tech Development (ROCO:8358) Overvalued in 2026?

Based on GuruFocus' analysis, Co-Tech Development stock appears to be overvalued. The current stock price of NT$352.00 is trading 259.1% above its estimated GF Value™ of NT$98.02. GuruFocus considers Co-Tech Development to be Significantly Overvalued.

Key valuation signals for ROCO:8358:

  • 5-Year ROIIC %: 12.41
  • GF Value™: NT$98.02 vs. price of NT$352.00 (259.1% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 274.9% above the Hardware median (#753 of 2273)

No single metric tells the full story. See the ROCO:8358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Co-Tech Development Business Description

Address No. 392, Ruiguang Road, 18th Floor, Neihu District, Taipei, TWN, 114
Co-Tech Development Corp manufactures and sells standard, low profile and high-performance series of copper foil products to supply the printed circuit board industry. Its products include IT, 3C Products HDI, LED car lighting module, Server, Switch, Storage, Rigid-Flex PCB, Touch module, 3D face recognition, Automotive market, 5G Antenna Radar, ADAS, HDI / Rigid-Flex Board, Touch module, Wearable devices / VR, Augmented Reality, Mobile terminal, 3D face recognition, Communication module. The group has only copper foil segment operating in two principal geographical areas - Taiwan and China.
74GF Score

Get the complete analysis for ROCO:8358

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

NT$352.00
Price
NT$98.02
GF Value