Tung Mung Development Co (ROCO:1480) ROCE %: 4.27% (As of Jun. 2026)

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ROCO:1480 Tung Mung Development Co Ltd ROCO:1480
50 GF Score
Price NT$7.86
GF Value NT$12.06
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Tung Mung Development Co ROCE %?

Tung Mung Development Co ROCO:1480 +0.13% 50 ROCE % is 4.27% as of Jun. 2026. GuruFocus rates ROCO:1480 with a GF Score™ of 50/100 and a GF Value™ of NT$12.06 (Significantly Undervalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Tung Mung Development Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 4.27%.


Tung Mung Development Co  (ROCO:1480) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Tung Mung Development Co ROCE % Related Terms


Tung Mung Development Co ROCE % Historical Data

* Premium members only.

The historical data trend for Tung Mung Development Co's ROCE % 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.

Tung Mung Development Co ROCE % Chart

Tung Mung Development Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 40.35 5.03 -6.90 2.46 -7.61

Tung Mung Development Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.17 1.51 -4.84 -10.78 4.27
ROCO:1480
50GF Score
Tung Mung Development Co Ltd ROCO:1480
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tung Mung Development Co ROCE % Calculation

Tung Mung Development Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-276.992/( ( (6486.806 - 2537.08) + (5364.153 - 2031.083) )/ 2 )
=-276.992/( (3949.726+3333.07)/ 2 )
=-276.992/3641.398
=-7.61 %

Tung Mung Development Co's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=143.39/( ( (5364.153 - 2031.083) + (5532.793 - 2146.731) )/ 2 )
=143.39/( ( 3333.07 + 3386.062 )/ 2 )
=143.39/3359.566
=4.27 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 4.27% mean?
Tung Mung Development Co (ROCO:1480) has a ROCE % of 4.27% as of Jun. 2026.
Is Tung Mung Development Co's ROCE % too high?
Tung Mung Development Co's current ROCE % is 4.27%. The Steel industry median ROCE % is 6.37. Tung Mung Development Co's value of 4.27% is 33% below this industry median. Overall, Tung Mung Development Co has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tung Mung Development Co's ROCE % compare to NUE and STLD?
Tung Mung Development Co's ROCE % of 4.27% can be compared against companies in the Steel industry. The industry median ROCE % is 6.37. Tung Mung Development Co's value of 4.27% is 33% 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 ROCE % for a Steel company?
The median ROCE % among Steel companies is 6.37, based on 619 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tung Mung Development Co's current ROCE % of 4.27% is 33% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Mung Development Co's current ROCE % is 4.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Mung Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tung Mung Development Co (ROCO:1480) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$12.06, compared to a current price of NT$7.86 — trading 34.8% below its estimated fair value. The current ROCE % is 4.27% and 33% below the Steel industry median of 6.37. Tung Mung Development Co's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Tung Mung Development Co (ROCO:1480), the current ROCE % is 4.27% as of Jun. 2026. 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 Tung Mung Development Co (ROCO:1480) Overvalued in 2026?

Based on GuruFocus' analysis, Tung Mung Development Co stock appears to be undervalued. The current stock price of NT$7.86 is trading 34.8% below its estimated GF Value™ of NT$12.06. GuruFocus considers Tung Mung Development Co to be Significantly Undervalued.

Key valuation signals for ROCO:1480:

  • ROCE %: 4.27%
  • GF Value™: NT$12.06 vs. price of NT$7.86 (34.8% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 33% below the Steel median

No single metric tells the full story. See the ROCO:1480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tung Mung Development Co Business Description

Address No. 90, Sec. 1, Hsin-Tai 5th Road, Tower C, 24th Floor, Hsichih District, New Taipei City, TWN
Tung Mung Development Co Ltd engages in manufacturing stainless steel products. The firm produces steel grades, stainless steel coils, and stainless steel sheets.
50GF Score

Get the complete analysis for ROCO:1480

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

NT$7.86
Price
NT$12.06
GF Value