Taiwan Wax Co (ROCO:1742) Current Ratio: 14.65 (As of Dec. 2025) — 647% Above Median

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ROCO:1742 Taiwan Wax Co Ltd ROCO:1742
51 GF Score
Price NT$15.85
GF Value NT$5.49
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Taiwan Wax Co Current Ratio?

Taiwan Wax Co ROCO:1742 -3.35% 51 Current Ratio is 14.65 as of Dec. 2025, which is 647% above its 10-year median of 1.96. GuruFocus rates ROCO:1742 with a GF Score™ of 51/100 and a GF Value™ of NT$5.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,605 Chemicals companies, Taiwan Wax Co ranks better than 98.07% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Taiwan Wax Co's current ratio for the quarter that ended in Dec. 2025 was 14.65.

Taiwan Wax Co has a current ratio of 14.65. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Taiwan Wax Co's Current Ratio or its related term are showing as below:

ROCO:1742' s Current Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.96   Max: 14.65
Current: 14.65

During the past 13 years, Taiwan Wax Co's highest Current Ratio was 14.65. The lowest was 1.19. And the median was 1.96.

ROCO:1742's Current Ratio is ranked better than
98.07% of 1605 companies
in the Chemicals industry
Industry Median: 1.89 vs ROCO:1742: 14.65

Taiwan Wax Co  (ROCO:1742) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Taiwan Wax Co Current Ratio Related Terms


Taiwan Wax Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Wax Co's Current Ratio 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.

Taiwan Wax Co Current Ratio Chart

Taiwan Wax Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 1.56 1.19 2.38 14.65

Taiwan Wax Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Current Ratio 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 2.38 2.61 14.63 14.66 14.65

ROCO:1742 vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Taiwan Wax Co's Current Ratio, along with its competitors' market caps and Current Ratio 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 Wax Co Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Wax Co's Current Ratio falls into.


ROCO:1742
51GF Score
Taiwan Wax Co Ltd ROCO:1742
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Wax Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Taiwan Wax Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=349.651/23.869
=14.65

Taiwan Wax Co's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=349.651/23.869
=14.65

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 14.65 mean?
Taiwan Wax Co (ROCO:1742) has a Current Ratio of 14.65 as of Dec. 2025. This is 647% above median its historical median of 1.96. Over the past decade, Taiwan Wax Co's Current Ratio has ranged from 1.19 to 14.65. According to the industry distribution chart, Taiwan Wax Co ranks #31 out of 1605 companies in the Chemicals industry, placing it in the top 1.9%.
Is Taiwan Wax Co's Current Ratio too high?
Taiwan Wax Co's current Current Ratio of 14.65 is 647% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 14.65. The Chemicals industry median Current Ratio is 1.89. Taiwan Wax Co's value of 14.65 is 675.1% above this industry median. Based on the distribution chart, Taiwan Wax Co ranks #31 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Wax Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Wax Co's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Wax Co ranks #31 out of 1605 companies for Current Ratio. This places Taiwan Wax Co in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Taiwan Wax Co's value of 14.65 is 675.1% above this benchmark. Historically, Taiwan Wax Co's own Current Ratio has ranged from 1.19 to 14.65 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.89, Taiwan Wax 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 Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,605 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiwan Wax Co's current Current Ratio of 14.65 is 675.1% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Wax Co's current Current Ratio is 14.65, which is 647% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Wax Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Wax Co (ROCO:1742) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.49, compared to a current price of NT$15.85 — trading 188.7% above its estimated fair value. The current Current Ratio is 14.65, which is 647% above median its 10-year median of 1.96 and 675.1% above the Chemicals industry median of 1.89. Taiwan Wax Co's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Taiwan Wax Co (ROCO:1742), the current Current Ratio is 14.65 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 Wax Co (ROCO:1742) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Wax Co stock appears to be overvalued. The current stock price of NT$15.85 is trading 188.7% above its estimated GF Value™ of NT$5.49. GuruFocus considers Taiwan Wax Co to be Significantly Overvalued.

Key valuation signals for ROCO:1742:

  • Current Ratio: 14.65 (647% above median its 10-year median of 1.96)
  • GF Value™: NT$5.49 vs. price of NT$15.85 (188.7% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 675.1% above the Chemicals median (#31 of 1605)

No single metric tells the full story. See the ROCO:1742 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Wax Co Business Description

Address Zhongshan South Road, 3rd Floor, No. 610, Section 2, Dayuan District, Taoyuan, TWN
Taiwan Wax Co Ltd is engaged in manufacturing, trading, importing, and exporting various wax raw materials and finished products, trading optoelectronic equipment, trading aquatic products, and providing brokerage services. The company derives revenue from sales of merchandise derived from sales of aquatic products, optoelectronic equipment, and various finished wax products.
51GF Score

Get the complete analysis for ROCO:1742

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$15.85
Price
NT$5.49
GF Value