Texture Maker Enterprise Co (ROCO:6963) ROC %: -3.85% (As of Dec. 2025)


ROCO:6963 Texture Maker Enterprise Co Ltd ROCO:6963
13 GF Score
Price NT$24.80
! 6 Warning Signs
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What is Texture Maker Enterprise Co ROC %?

Texture Maker Enterprise Co ROCO:6963 13 ROC % is -3.85% as of Dec. 2025. GuruFocus rates ROCO:6963 with a GF Score™ of 13/100. The stock has 6 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 %. Texture Maker Enterprise Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -3.85%.

As of today (2026-07-12), Texture Maker Enterprise Co's WACC % is 6.11%. Texture Maker Enterprise Co's ROC % is 0.40% (calculated using TTM income statement data). Texture Maker Enterprise Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Texture Maker Enterprise Co  (ROCO:6963) 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, Texture Maker Enterprise Co's WACC % is 6.11%. Texture Maker Enterprise Co's ROC % is 0.40% (calculated using TTM income statement data). Texture Maker Enterprise 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.


Texture Maker Enterprise Co ROC % Related Terms


Texture Maker Enterprise Co ROC % Historical Data

* Premium members only.

The historical data trend for Texture Maker Enterprise 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.

Texture Maker Enterprise Co ROC % Chart

Texture Maker Enterprise Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial 6.97 6.07 1.77 1.24 0.39

Texture Maker Enterprise Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.46 1.92 6.33 -3.85
ROCO:6963
13GF Score
Texture Maker Enterprise Co Ltd ROCO:6963
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Texture Maker Enterprise Co ROC % Calculation

Texture Maker Enterprise 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 )
=3.821 * ( 1 - 35.16% )/( (563.103 + 714.688)/ 2 )
=2.4775364/638.8955
=0.39 %

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))
=802.658 - 115.185 - ( 170.589 - max(0, 362.447 - 486.817+170.589))
=563.103

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))
=1008.68 - 145.752 - ( 222.713 - max(0, 518.244 - 666.484+222.713))
=714.688

Texture Maker Enterprise 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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-36.446 * ( 1 - 32.62% )/( (562.372 + 714.688)/ 2 )
=-24.5573148/638.53
=-3.85 %

where

Invested Capital(Q: Jun. 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))
=840.539 - 127.024 - ( 188.571 - max(0, 373.029 - 524.172+188.571))
=562.372

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))
=1008.68 - 145.752 - ( 222.713 - max(0, 518.244 - 666.484+222.713))
=714.688

Note: The Operating Income data used here is two times the semi-annual (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 -3.85% mean?
Texture Maker Enterprise Co (ROCO:6963) has a ROC % of -3.85% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Texture Maker Enterprise Co and its competitors.
Is Texture Maker Enterprise Co's ROC % too high?
Texture Maker Enterprise Co's current ROC % is -3.85%. Overall, Texture Maker Enterprise Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Texture Maker Enterprise Co's ROC % compare to KHC and GIS?
Texture Maker Enterprise Co's ROC % of -3.85% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC % is 5.16. 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 Consumer Packaged Goods company?
The median ROC % among Consumer Packaged Goods companies is 5.16, based on 1,949 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. 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 Texture Maker Enterprise Co and its competitors. For the Consumer Packaged Goods industry, the median ROC % is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texture Maker Enterprise Co's current ROC % is -3.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texture Maker Enterprise Co stock overvalued right now?
Texture Maker Enterprise Co (ROCO:6963) has a current ROC % of -3.85%. The current ROC % is -3.85%. Texture Maker Enterprise Co's overall GF Score™ is 13/100 with 6 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 Texture Maker Enterprise Co (ROCO:6963), the current ROC % is -3.85% 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.

Texture Maker Enterprise Co Business Description

Address Zhongzheng E. Road, 28F., No.27-8, Sec. 2, Tamsui District, New Taipei City, TWN, 251
Texture Maker Enterprise Co Ltd is a is a food ingredient R&D center and also a premix manufacturer. It is engaged in developing innovative food textures and includes three categories Bakery, Beverage, and food texture. Its bakery products include Mochi bread mix, Mojo Mix, Purple yam bread mix, etc. Beverage products include vegan non-dairy creamer, Non-dairy creamer, Banana beverage powder, etc. Food texture products include Korean-style dipping sauce, Japanese-style fried chicken mix, Fried seafood coating mix etc.
13GF Score

Get the complete analysis for ROCO:6963

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

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