Forcecon Technology Co (ROCO:3483) ROC %: 2.92% (As of Dec. 2025)


ROCO:3483 Forcecon Technology Co Ltd ROCO:3483
76 GF Score
Price NT$86.40
GF Value NT$131.17
Valuation Significantly Undervalued
! 9 Warning Signs
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What is Forcecon Technology Co ROC %?

Forcecon Technology Co ROCO:3483 -4.21% 76 ROC % is 2.92% as of Dec. 2025. GuruFocus rates ROCO:3483 with a GF Score™ of 76/100 and a GF Value™ of NT$131.17 (Significantly Undervalued). The stock has 9 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Forcecon Technology Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 2.92%.

As of today (2026-06-28), Forcecon Technology Co's WACC % is 11.27%. Forcecon Technology Co's ROC % is 5.08% (calculated using TTM income statement data). Forcecon Technology Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Forcecon Technology Co  (ROCO:3483) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Forcecon Technology Co's WACC % is 11.27%. Forcecon Technology Co's ROC % is 5.08% (calculated using TTM income statement data). Forcecon Technology Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Forcecon Technology Co ROC % Related Terms


Forcecon Technology Co ROC % Historical Data

* Premium members only.

The historical data trend for Forcecon Technology Co's ROC % 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.

Forcecon Technology Co ROC % Chart

Forcecon Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.38 8.00 11.89 6.60 4.73

Forcecon Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROC % 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 4.33 -1.03 11.64 10.89 2.92
ROCO:3483
76GF Score
Forcecon Technology Co Ltd ROCO:3483
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forcecon Technology Co ROC % Calculation

Forcecon Technology Co's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=301.363 * ( 1 - 23.59% )/( (4822.689 + 4913.158)/ 2 )
=230.2714683/4867.9235
=4.73 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9948.636 - 3245.32 - ( 1880.627 - max(0, 4348.019 - 7031.439+1880.627))
=4822.689

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9330.451 - 2712.773 - ( 1704.52 - max(0, 3664.329 - 6631.117+1704.52))
=4913.158

Forcecon Technology Co's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=202.188 * ( 1 - 32% )/( (4517.186 + 4913.158)/ 2 )
=137.48784/4715.172
=2.92 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9970.95 - 3708.025 - ( 1745.739 - max(0, 4515.064 - 7271.186+1745.739))
=4517.186

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9330.451 - 2712.773 - ( 1704.52 - max(0, 3664.329 - 6631.117+1704.52))
=4913.158

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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 ROC % →
What does a ROC % of 2.92% mean?
Forcecon Technology Co (ROCO:3483) has a ROC % of 2.92% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Forcecon Technology Co and its competitors.
Is Forcecon Technology Co's ROC % too high?
Forcecon Technology Co's current ROC % is 2.92%. The Hardware industry median ROC % is 4.09. Forcecon Technology Co's value of 2.92% is 28.5% below this industry median. Overall, Forcecon Technology Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forcecon Technology Co's ROC % compare to SNX and ARW?
Forcecon Technology Co's ROC % of 2.92% can be compared against companies in the Hardware industry. The industry median ROC % is 4.09. Forcecon Technology Co's value of 2.92% is 28.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Hardware company?
The median ROC % among Hardware companies is 4.09, based on 2,448 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forcecon Technology Co's current ROC % of 2.92% is 28.5% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Forcecon Technology Co and its competitors. For the Hardware industry, the median ROC % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forcecon Technology Co's current ROC % is 2.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcecon Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Forcecon Technology Co (ROCO:3483) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$131.17, compared to a current price of NT$86.40 — trading 34.1% below its estimated fair value. The current ROC % is 2.92% and 28.5% below the Hardware industry median of 4.09. Forcecon Technology Co's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Forcecon Technology Co (ROCO:3483), the current ROC % is 2.92% 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 Forcecon Technology Co (ROCO:3483) Overvalued in 2026?

Based on GuruFocus' analysis, Forcecon Technology Co stock appears to be undervalued. The current stock price of NT$86.40 is trading 34.1% below its estimated GF Value™ of NT$131.17. GuruFocus considers Forcecon Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:3483:

  • ROC %: 2.92%
  • GF Value™: NT$131.17 vs. price of NT$86.40 (34.1% below fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 28.5% below the Hardware median

No single metric tells the full story. See the ROCO:3483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forcecon Technology Co Business Description

Address 2nd Floor, No. 31, Xintai road, Hsinchu County, Zhubei, TWN, 30252
Forcecon Technology Co Ltd is a Taiwan-based company engaged in business activities that include the design, manufacturing, processing, and trading of computer and peripheral equipment components. The company has a wide range of applications and product portfolios that include axial fans, blower fans, heat pipes, vapor chambers, slim vapor chambers, heat sinks, thermal modules, cold plates liquid cooling, and immersion cooling technology.
76GF Score

Get the complete analysis for ROCO:3483

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

NT$86.40
Price
NT$131.17
GF Value