Rayzher Industrial Co (ROCO:7703) ROC %: 23.33% (As of Dec. 2025)


ROCO:7703 Rayzher Industrial Co Ltd ROCO:7703
48 GF Score
Price NT$200.50
! 3 Warning Signs
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What is Rayzher Industrial Co ROC %?

Rayzher Industrial Co ROCO:7703 -6.09% 48 ROC % is 23.33% as of Dec. 2025. GuruFocus rates ROCO:7703 with a GF Score™ of 48/100. The stock has 3 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 %. Rayzher Industrial Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 23.33%.

As of today (2026-06-29), Rayzher Industrial Co's WACC % is 10.35%. Rayzher Industrial Co's ROC % is 27.20% (calculated using TTM income statement data). Rayzher Industrial Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Rayzher Industrial Co  (ROCO:7703) 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, Rayzher Industrial Co's WACC % is 10.35%. Rayzher Industrial Co's ROC % is 27.20% (calculated using TTM income statement data). Rayzher Industrial Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Rayzher Industrial Co ROC % Related Terms


Rayzher Industrial Co ROC % Historical Data

* Premium members only.

The historical data trend for Rayzher Industrial 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.

Rayzher Industrial Co ROC % Chart

Rayzher Industrial Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial 33.36 76.85 34.27 22.25 26.59

Rayzher Industrial Co Quarterly Data
Dec19 Dec20 Dec21 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 29.89 24.85 41.74 21.48 23.33
ROCO:7703
48GF Score
Rayzher Industrial Co Ltd ROCO:7703
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rayzher Industrial Co ROC % Calculation

Rayzher Industrial 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 )
=373.319 * ( 1 - 18.8% )/( (1149.615 + 1130.7)/ 2 )
=303.135028/1140.1575
=26.59 %

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))
=2652.775 - 527.673 - ( 975.487 - max(0, 606.525 - 2306.703+975.487))
=1149.615

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))
=2946.047 - 676.537 - ( 1138.81 - max(0, 755.593 - 2575.883+1138.81))
=1130.7

Rayzher Industrial 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 )
=377.764 * ( 1 - 24.25% )/( (1322.429 + 1130.7)/ 2 )
=286.15623/1226.5645
=23.33 %

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))
=2798.524 - 590.431 - ( 885.664 - max(0, 675.763 - 2422.208+885.664))
=1322.429

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))
=2946.047 - 676.537 - ( 1138.81 - max(0, 755.593 - 2575.883+1138.81))
=1130.7

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 23.33% mean?
Rayzher Industrial Co (ROCO:7703) has a ROC % of 23.33% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Rayzher Industrial Co and its competitors.
Is Rayzher Industrial Co's ROC % too high?
Rayzher Industrial Co's current ROC % is 23.33%. The Construction industry median ROC % is 4.66. Rayzher Industrial Co's value of 23.33% is 400.6% above this industry median. Overall, Rayzher Industrial Co has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Rayzher Industrial Co's ROC % compare to PWR and FIX?
Rayzher Industrial Co's ROC % of 23.33% can be compared against companies in the Construction industry. The industry median ROC % is 4.66. Rayzher Industrial Co's value of 23.33% is 400.6% above 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 Construction company?
The median ROC % among Construction companies is 4.66, based on 1,750 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. Rayzher Industrial Co's current ROC % of 23.33% is 400.6% 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 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 Rayzher Industrial Co and its competitors. For the Construction industry, the median ROC % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rayzher Industrial Co's current ROC % is 23.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayzher Industrial Co stock overvalued right now?
Rayzher Industrial Co (ROCO:7703) has a current ROC % of 23.33%. The current ROC % is 23.33% and 400.6% above the Construction industry median of 4.66. Rayzher Industrial Co's overall GF Score™ is 48/100 with 3 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 Rayzher Industrial Co (ROCO:7703), the current ROC % is 23.33% 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.

Rayzher Industrial Co Business Description

Address Jiafeng South Road, 9th Floor, No. 76, Section 2, Hsinchu County, Zhubei, TWN, 302054
Rayzher Industrial Co Ltd is engaged mainly in the piping design, planning, and engineering management of equipment and facility systems related to high tech plants; the agency, manufacture, and installation of special gas supply systems; and the import and export sales of instruments, materials, and spare parts required for semiconductor equipment.
48GF Score

Get the complete analysis for ROCO:7703

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

NT$200.50
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