Apollo Power Co (ROCO:7911) ROC %: -9.11% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:7911 Apollo Power Co Ltd ROCO:7911
9 GF Score
Price NT$110.50
View Full Analysis

What is Apollo Power Co ROC %?

Apollo Power Co ROCO:7911 +1.38% 9 ROC % is -9.11% as of Dec. 2025. GuruFocus rates ROCO:7911 with a GF Score™ of 9/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Apollo Power Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -9.11%.

As of today (2026-08-10), Apollo Power Co's WACC % is 10.61%. Apollo Power Co's ROC % is -9.11% (calculated using TTM income statement data). Apollo Power Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Apollo Power Co  (ROCO:7911) 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, Apollo Power Co's WACC % is 10.61%. Apollo Power Co's ROC % is -9.11% (calculated using TTM income statement data). Apollo Power 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.


Apollo Power Co ROC % Related Terms


Apollo Power Co ROC % Historical Data

* Premium members only.

The historical data trend for Apollo Power 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.

Apollo Power Co ROC % Chart

Apollo Power Co Annual Data
Trend Dec24 Dec25
ROC %
-46.96 -9.11

Apollo Power Co Semi-Annual Data
Dec24 Dec25
ROC % -46.96 -9.11
ROCO:7911
9GF Score
Apollo Power Co Ltd ROCO:7911
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apollo Power Co ROC % Calculation

Apollo Power 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 )
=-22.694 * ( 1 - 19.82% )/( (66.027 + 333.27)/ 2 )
=-18.1960492/199.6485
=-9.11 %

where

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))
=1291.416 - 432.183 - ( 525.963 - max(0, 523.511 - 1211.229+525.963))
=333.27

Apollo Power 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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-22.694 * ( 1 - 19.82% )/( (66.027 + 333.27)/ 2 )
=-18.1960492/199.6485
=-9.11 %

where

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))
=1291.416 - 432.183 - ( 525.963 - max(0, 523.511 - 1211.229+525.963))
=333.27

Note: The Operating Income data used here is one times the 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 -9.11% mean?
Apollo Power Co (ROCO:7911) has a ROC % of -9.11% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Apollo Power Co and its competitors.
Is Apollo Power Co's ROC % too high?
Apollo Power Co's current ROC % is -9.11%. Overall, Apollo Power Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Apollo Power Co's ROC % compare to QH and SHOP?
Apollo Power Co's ROC % of -9.11% can be compared against companies in the Software industry. The industry median ROC % is 3.33. 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 Software company?
The median ROC % among Software companies is 3.33, based on 2,835 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 Apollo Power Co and its competitors. For the Software industry, the median ROC % is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Power Co's current ROC % is -9.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Power Co stock overvalued right now?
Apollo Power Co (ROCO:7911) has a current ROC % of -9.11%. The current ROC % is -9.11%. Apollo Power Co's overall GF Score™ is 9/100. 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 Apollo Power Co (ROCO:7911), the current ROC % is -9.11% 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.

Apollo Power Co Business Description

Address Chaofu Road, 28th Floor, No. 6, No. 213, Xitun District, Taichung, TWN, 407609
Apollo Power Co Ltd is a digital energy power company providing self-carbon management services. It has fully implemented an Energy Management System (EMS) and AI-powered smart management technology to help businesses and households achieve their goals of energy saving, carbon reduction, and carbon footprint tracking, accurately fulfilling the RE100 commitment.
9GF Score

Get the complete analysis for ROCO:7911

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

NT$110.50
Price