Norbel Baby Co (ROCO:6844) Capex-to-Operating-Income: 0.04 (As of Dec. 2025) — 78% Below Median


ROCO:6844 Norbel Baby Co Ltd ROCO:6844
65 GF Score
Price NT$65.40
GF Value NT$131.12
Valuation Possible Value Trap
! 5 Warning Signs
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What is Norbel Baby Co Capex-to-Operating-Income?

Norbel Baby Co ROCO:6844 -0.15% 65 Capex-to-Operating-Income is 0.04 as of Dec. 2025, which is 78% below its 10-year median of 0.18. GuruFocus rates ROCO:6844 with a GF Score™ of 65/100 and a GF Value™ of NT$131.12 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 653 Retail - Cyclical companies, Norbel Baby Co ranks worse than 53.6% on this metric.

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Norbel Baby Co's Capital Expenditure for the three months ended in Dec. 2025 was NT$-1.19 Mil. Its Operating Income for the three months ended in Dec. 2025 was NT$27.75 Mil.

Hence, Norbel Baby Co's Capex-to-Operating-Income for the three months ended in Dec. 2025 was 0.04.


Norbel Baby Co  (ROCO:6844) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Norbel Baby Co Capex-to-Operating-Income Related Terms


Norbel Baby Co Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Norbel Baby Co's Capex-to-Operating-Income 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.

Norbel Baby Co Capex-to-Operating-Income Chart

Norbel Baby Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Income
Get a 7-Day Free Trial 0.48 0.05 0.09 0.26 0.44

Norbel Baby Co Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Capex-to-Operating-Income 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 0.25 0.50 0.84 0.75 0.04

ROCO:6844 vs CASY, WSM, ULTA: Capex-to-Operating-Income Comparison

For the Specialty Retail subindustry, Norbel Baby Co's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.


Norbel Baby Co Capex-to-Operating-Income vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Norbel Baby Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Norbel Baby Co's Capex-to-Operating-Income falls into.


ROCO:6844
65GF Score
Norbel Baby Co Ltd ROCO:6844
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Norbel Baby Co Capex-to-Operating-Income Calculation

Norbel Baby Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-33.655) / 75.819
=0.44

Norbel Baby Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1.188) / 27.745
=0.04

* 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.

What does a Capex-to-Operating-Income of 0.04 mean?
Norbel Baby Co (ROCO:6844) has a Capex-to-Operating-Income of 0.04 as of Dec. 2025. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Norbel Baby Co and its competitors. This is 78% below median its historical median of 0.18. Over the past decade, Norbel Baby Co's Capex-to-Operating-Income has ranged from 0.05 to 0.86. According to the industry distribution chart, Norbel Baby Co ranks #350 out of 653 companies in the Retail - Cyclical industry, placing it in the top 53.6%.
Is Norbel Baby Co's Capex-to-Operating-Income too high?
Norbel Baby Co's current Capex-to-Operating-Income of 0.04 is 78% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.86. The Retail - Cyclical industry median Capex-to-Operating-Income is 0.39. Norbel Baby Co's value of 0.04 is 89.7% below this industry median. Based on the distribution chart, Norbel Baby Co ranks #350 out of 653 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Norbel Baby Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norbel Baby Co's Capex-to-Operating-Income compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Norbel Baby Co ranks #350 out of 653 companies for Capex-to-Operating-Income. This places Norbel Baby Co in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.39. Norbel Baby Co's value of 0.04 is 89.7% below this benchmark. Historically, Norbel Baby Co's own Capex-to-Operating-Income has ranged from 0.05 to 0.86 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.39, Norbel Baby Co has consistently been below 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 Capex-to-Operating-Income for a Retail - Cyclical company?
The median Capex-to-Operating-Income among Retail - Cyclical companies is 0.39, based on 653 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norbel Baby Co's current Capex-to-Operating-Income of 0.04 is 89.7% below 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 Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Norbel Baby Co and its competitors. For the Retail - Cyclical industry, the median Capex-to-Operating-Income is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbel Baby Co's current Capex-to-Operating-Income is 0.04, which is 78% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbel Baby Co stock overvalued right now?
Based on GuruFocus' analysis, Norbel Baby Co (ROCO:6844) is currently considered Possible Value Trap. The stock's GF Value™ is NT$131.12, compared to a current price of NT$65.40 — trading 50.1% below its estimated fair value. The current Capex-to-Operating-Income is 0.04, which is 78% below median its 10-year median of 0.18 and 89.7% below the Retail - Cyclical industry median of 0.39. Norbel Baby Co's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Norbel Baby Co (ROCO:6844), the current Capex-to-Operating-Income is 0.04 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 Norbel Baby Co (ROCO:6844) Overvalued in 2026?

Based on GuruFocus' analysis, Norbel Baby Co stock appears to be undervalued. The current stock price of NT$65.40 is trading 50.1% below its estimated GF Value™ of NT$131.12. GuruFocus considers Norbel Baby Co to be Possible Value Trap.

Key valuation signals for ROCO:6844:

  • Capex-to-Operating-Income: 0.04 (78% below median its 10-year median of 0.18)
  • GF Value™: NT$131.12 vs. price of NT$65.40 (50.1% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 89.7% below the Retail - Cyclical median (#350 of 653)

No single metric tells the full story. See the ROCO:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norbel Baby Co Business Description

Address 807 No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN
Norbel Baby Co Ltd mainly engages in the retail and wholesale of maternity and baby care products, medical supplies, dietary supplements, and cosmetics. The company provides pharmacy services needed to care for the health and growth of infants and young children.
65GF Score

Get the complete analysis for ROCO:6844

Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$65.40
Price
NT$131.12
GF Value