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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Good Will Instrument Co's 3-Year RORE % for the quarter that ended in Dec. 2025 was -1.95%.
The industry rank for Good Will Instrument Co's 3-Year RORE % or its related term are showing as below:
TPE:2423's 3-Year RORE % is ranked worse than 55.5% of 2380
companies
in the Hardware industry
Industry Median: 5.215
vs TPE:2423: -1.95
Good Will Instrument Co (TPE:2423) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Good Will Instrument Co 3-Year RORE % Related Terms
Good Will Instrument Co 3-Year RORE % 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:2423 vs COHR, KEYS, GRMN: 3-Year RORE % Comparison
For the Scientific & Technical Instruments subindustry, Good Will Instrument Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.
Good Will Instrument Co 3-Year RORE % vs Hardware Industry
For the Hardware industry and Technology sector, Good Will Instrument Co's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Good Will Instrument Co's 3-Year RORE % 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.
Good Will Instrument Co (TPE:2423) has a 3-Year RORE % of -1.95 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Good Will Instrument Co and its competitors. According to the industry distribution chart, Good Will Instrument Co ranks #1321 out of 2380 companies in the Hardware industry, placing it in the top 55.5%.
Is Good Will Instrument Co's 3-Year RORE % too high?
Good Will Instrument Co's current 3-Year RORE % is -1.95. Based on the distribution chart, Good Will Instrument Co ranks #1321 out of 2380 companies in the Hardware industry, which is below the industry midpoint. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's 3-Year RORE % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Good Will Instrument Co ranks #1321 out of 2380 companies for 3-Year RORE %. This places Good Will Instrument Co in the lower half of its industry. The industry median 3-Year RORE % is 5.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Hardware company?
The median 3-Year RORE % among Hardware companies is 5.22, based on 2,380 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Good Will Instrument Co and its competitors. For the Hardware industry, the median 3-Year RORE % is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Will Instrument Co's current 3-Year RORE % is -1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.48, compared to a current price of NT$73.90 — trading 78.2% above its estimated fair value. The current 3-Year RORE % is -1.95. Good Will Instrument Co's overall GF Score™ is 75/100 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 RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Good Will Instrument Co (TPE:2423), the current 3-Year RORE % is -1.95 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?
Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued.
The current stock price of NT$73.90 is trading 78.2% above its estimated GF Value™ of NT$41.48.
GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.
Key valuation signals for TPE:2423:
3-Year RORE %: -1.95
GF Value™: NT$41.48 vs. price of NT$73.90 (78.2% above fair value)
No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF Score
Get the complete analysis for TPE:2423
3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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