Evergreen Aviation Technologies (TPE:2645) ROC %: 9.66% (As of Dec. 2025)


TPE:2645 Evergreen Aviation Technologies Corp TPE:2645
70 GF Score
Price NT$170.50
GF Value NT$139.18
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Evergreen Aviation Technologies ROC %?

Evergreen Aviation Technologies TPE:2645 -1.73% 70 ROC % is 9.66% as of Dec. 2025. GuruFocus rates TPE:2645 with a GF Score™ of 70/100 and a GF Value™ of NT$139.18 (Modestly Overvalued). The stock has 1 warning sign 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 %. Evergreen Aviation Technologies's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 9.66%.

As of today (2026-06-27), Evergreen Aviation Technologies's WACC % is 9.51%. Evergreen Aviation Technologies's ROC % is 15.54% (calculated using TTM income statement data). Evergreen Aviation Technologies 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.


Evergreen Aviation Technologies  (TPE:2645) 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, Evergreen Aviation Technologies's WACC % is 9.51%. Evergreen Aviation Technologies's ROC % is 15.54% (calculated using TTM income statement data). Evergreen Aviation Technologies 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.


Evergreen Aviation Technologies ROC % Related Terms


Evergreen Aviation Technologies ROC % Historical Data

* Premium members only.

The historical data trend for Evergreen Aviation Technologies'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.

Evergreen Aviation Technologies ROC % Chart

Evergreen Aviation Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial 5.93 6.72 10.18 11.98 14.84

Evergreen Aviation Technologies Quarterly Data
Dec20 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 10.63 17.10 19.29 17.30 9.66
TPE:2645
70GF Score
Evergreen Aviation Technologies Corp TPE:2645
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Evergreen Aviation Technologies ROC % Calculation

Evergreen Aviation Technologies'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 )
=3000.978 * ( 1 - 20.23% )/( (16572.322 + 15698.758)/ 2 )
=2393.8801506/16135.54
=14.84 %

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))
=23000.424 - 1956.723 - ( 4471.379 - max(0, 3303.053 - 11781.989+4471.379))
=16572.322

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))
=23523.594 - 2509.815 - ( 5315.021 - max(0, 4250.327 - 12675.307+5315.021))
=15698.758

Evergreen Aviation Technologies'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 )
=1924.828 * ( 1 - 20.96% )/( (15786.071 + 15698.758)/ 2 )
=1521.3840512/15742.4145
=9.66 %

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))
=22865.925 - 2360.756 - ( 4719.098 - max(0, 3926.059 - 12051.09+4719.098))
=15786.071

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))
=23523.594 - 2509.815 - ( 5315.021 - max(0, 4250.327 - 12675.307+5315.021))
=15698.758

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 9.66% mean?
Evergreen Aviation Technologies (TPE:2645) has a ROC % of 9.66% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Evergreen Aviation Technologies and its competitors.
Is Evergreen Aviation Technologies' ROC % too high?
Evergreen Aviation Technologies' current ROC % is 9.66%. The Aerospace & Defense industry median ROC % is 4.45. Evergreen Aviation Technologies' value of 9.66% is 117.1% above this industry median. Overall, Evergreen Aviation Technologies has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Aviation Technologies' ROC % compare to GE and RTX?
Evergreen Aviation Technologies' ROC % of 9.66% can be compared against companies in the Aerospace & Defense industry. The industry median ROC % is 4.45. Evergreen Aviation Technologies' value of 9.66% is 117.1% 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 an Aerospace & Defense company?
The median ROC % among Aerospace & Defense companies is 4.45, based on 351 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. Evergreen Aviation Technologies's current ROC % of 9.66% is 117.1% 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 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 Evergreen Aviation Technologies and its competitors. For the Aerospace & Defense industry, the median ROC % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Aviation Technologies's current ROC % is 9.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Aviation Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Aviation Technologies (TPE:2645) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$139.18, compared to a current price of NT$170.50 — trading 22.5% above its estimated fair value. The current ROC % is 9.66% and 117.1% above the Aerospace & Defense industry median of 4.45. Evergreen Aviation Technologies' overall GF Score™ is 70/100 with 1 warning sign 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 Evergreen Aviation Technologies (TPE:2645), the current ROC % is 9.66% 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 Evergreen Aviation Technologies (TPE:2645) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Aviation Technologies stock appears to be overvalued. The current stock price of NT$170.50 is trading 22.5% above its estimated GF Value™ of NT$139.18. GuruFocus considers Evergreen Aviation Technologies to be Modestly Overvalued.

Key valuation signals for TPE:2645:

  • ROC %: 9.66%
  • GF Value™: NT$139.18 vs. price of NT$170.50 (22.5% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 117.1% above the Aerospace & Defense median

No single metric tells the full story. See the TPE:2645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Aviation Technologies Business Description

Address No. 6 Hang-Zhan South Road, Dayuan District, Taoyuan, TWN, 337
Evergreen Aviation Technologies Corp activities are maintenance, repair and overhaul of airframes, aircraft engines and accessories; manufacture, conversion and sale of airframes and engine parts; technical and management consulting for the preceding items; import and export of the preceding items; civil aviation personnel training; and airport ground handling service. It has two reportable segments Maintenance segment: maintenance of airframes, aircraft engines and accessories; and Manufacturing segment: manufacturing, processing and selling of aircraft engines and accessories. It generates majority of revenue from Maintenance segment. It has presence in Taiwan, Asia, North America, and Europe. The company generates majority of revenue from Taiwan.
70GF Score

Get the complete analysis for TPE:2645

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

NT$170.50
Price
NT$139.18
GF Value