Newmax Technology Co (ROCO:3630) ROCE %: -7.63% (As of Dec. 2025)

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ROCO:3630 Newmax Technology Co Ltd ROCO:3630
58 GF Score
Price NT$26.85
GF Value NT$38.45
Valuation Possible Value Trap
! 5 Warning Signs
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What is Newmax Technology Co ROCE %?

Newmax Technology Co ROCO:3630 -0.56% 58 ROCE % is -7.63% as of Dec. 2025. GuruFocus rates ROCO:3630 with a GF Score™ of 58/100 and a GF Value™ of NT$38.45 (Possible Value Trap). The stock has 5 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. Newmax Technology Co's annualized ROCE % for the quarter that ended in Dec. 2025 was -7.63%.

Newmax Technology Co  (ROCO:3630) 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.

Newmax Technology Co ROCE % Related Terms

Newmax Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Newmax Technology 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.

Newmax Technology Co ROCE % Chart

Newmax Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.61 -7.01 -10.47 -9.29 11.44

Newmax Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROCE % 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 -11.78 -9.51 68.58 -8.90 -7.63
ROCO:3630
58GF Score
Newmax Technology Co Ltd ROCO:3630
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmax Technology Co ROCE % Calculation

Newmax Technology 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 )
=403.946/( ( (5062.189 - 1163.36) + (4200.176 - 1035.816) )/ 2 )
=403.946/( (3898.829+3164.36)/ 2 )
=403.946/3531.5945
=11.44 %

Newmax Technology Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-242.6/( ( (4132.345 - 938.839) + (4200.176 - 1035.816) )/ 2 )
=-242.6/( ( 3193.506 + 3164.36 )/ 2 )
=-242.6/3178.933
=-7.63 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 -7.63% mean?
Newmax Technology Co (ROCO:3630) has a ROCE % of -7.63% as of Dec. 2025.
Is Newmax Technology Co's ROCE % too high?
Newmax Technology Co's current ROCE % is -7.63%. Overall, Newmax Technology Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Newmax Technology Co's ROCE % compare to APH and GLW?
Newmax Technology Co's ROCE % of -7.63% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.89. 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 Hardware company?
The median ROCE % among Hardware companies is 5.89, based on 2,452 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. 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 Hardware industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmax Technology Co's current ROCE % is -7.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmax Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Newmax Technology Co (ROCO:3630) is currently considered Possible Value Trap. The stock's GF Value™ is NT$38.45, compared to a current price of NT$26.85 — trading 30.2% below its estimated fair value. The current ROCE % is -7.63%. Newmax Technology Co's overall GF Score™ is 58/100 with 5 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 Newmax Technology Co (ROCO:3630), the current ROCE % is -7.63% 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 Newmax Technology Co (ROCO:3630) Overvalued in 2026?

Based on GuruFocus' analysis, Newmax Technology Co stock appears to be undervalued. The current stock price of NT$26.85 is trading 30.2% below its estimated GF Value™ of NT$38.45. GuruFocus considers Newmax Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3630:

  • ROCE %: -7.63%
  • GF Value™: NT$38.45 vs. price of NT$26.85 (30.2% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the ROCO:3630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Newmax Technology Co Business Description

Address No. 77, Lane. 100, Shuitou 1st Road, Waipu District, Taichung City, TWN, 438018
Newmax Technology Co Ltd is a company mainly engaged in the research, design, development, manufacture, and marketing of optics application products. The company manufactures optics mirrors and plastic lenses and sells them to optical equipment manufacturers and computer peripheral digital imaging manufacturers. The company offers photographic/optical equipment, electronic parts/components, and electrical machinery/supplies. The company generates the majority of its revenue from China.
58GF Score

Get the complete analysis for ROCO:3630

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

NT$26.85
Price
NT$38.45
GF Value