Kwang Ming Silk Mill Co (ROCO:4420) ROCE %: 2.75% (As of Dec. 2025)

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ROCO:4420 Kwang Ming Silk Mill Co Ltd ROCO:4420
64 GF Score
Price NT$35.60
GF Value NT$75.13
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Kwang Ming Silk Mill Co ROCE %?

Kwang Ming Silk Mill Co ROCO:4420 -1.11% 64 ROCE % is 2.75% as of Dec. 2025. GuruFocus rates ROCO:4420 with a GF Score™ of 64/100 and a GF Value™ of NT$75.13 (Significantly Undervalued). The stock has 2 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. Kwang Ming Silk Mill Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 2.75%.

Kwang Ming Silk Mill Co  (ROCO:4420) 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.

Kwang Ming Silk Mill Co ROCE % Related Terms

Kwang Ming Silk Mill Co ROCE % Historical Data

* Premium members only.

The historical data trend for Kwang Ming Silk Mill 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.

Kwang Ming Silk Mill Co ROCE % Chart

Kwang Ming Silk Mill 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 4.60 -1.38 80.39 10.92 16.51

Kwang Ming Silk Mill 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 0.92 60.51 2.68 0.56 2.75
ROCO:4420
64GF Score
Kwang Ming Silk Mill Co Ltd ROCO:4420
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kwang Ming Silk Mill Co ROCE % Calculation

Kwang Ming Silk Mill 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 )
=274.37/( ( (2017.666 - 248.111) + (1799.787 - 245.961) )/ 2 )
=274.37/( (1769.555+1553.826)/ 2 )
=274.37/1661.6905
=16.51 %

Kwang Ming Silk Mill 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 )
=42.636/( ( (1729.055 - 177.882) + (1799.787 - 245.961) )/ 2 )
=42.636/( ( 1551.173 + 1553.826 )/ 2 )
=42.636/1552.4995
=2.75 %

(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 2.75% mean?
Kwang Ming Silk Mill Co (ROCO:4420) has a ROCE % of 2.75% as of Dec. 2025.
Is Kwang Ming Silk Mill Co's ROCE % too high?
Kwang Ming Silk Mill Co's current ROCE % is 2.75%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Kwang Ming Silk Mill Co's value of 2.75% is 55.2% below this industry median. Overall, Kwang Ming Silk Mill Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwang Ming Silk Mill Co's ROCE % compare to competitors?
Kwang Ming Silk Mill Co's ROCE % of 2.75% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Kwang Ming Silk Mill Co's value of 2.75% is 55.2% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,041 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. Kwang Ming Silk Mill Co's current ROCE % of 2.75% is 55.2% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwang Ming Silk Mill Co's current ROCE % is 2.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwang Ming Silk Mill Co stock overvalued right now?
Based on GuruFocus' analysis, Kwang Ming Silk Mill Co (ROCO:4420) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$75.13, compared to a current price of NT$35.60 — trading 52.6% below its estimated fair value. The current ROCE % is 2.75% and 55.2% below the Manufacturing - Apparel & Accessories industry median of 6.14. Kwang Ming Silk Mill Co's overall GF Score™ is 64/100 with 2 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 Kwang Ming Silk Mill Co (ROCO:4420), the current ROCE % is 2.75% 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 Kwang Ming Silk Mill Co (ROCO:4420) Overvalued in 2026?

Based on GuruFocus' analysis, Kwang Ming Silk Mill Co stock appears to be undervalued. The current stock price of NT$35.60 is trading 52.6% below its estimated GF Value™ of NT$75.13. GuruFocus considers Kwang Ming Silk Mill Co to be Significantly Undervalued.

Key valuation signals for ROCO:4420:

  • ROCE %: 2.75%
  • GF Value™: NT$75.13 vs. price of NT$35.60 (52.6% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 55.2% below the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the ROCO:4420 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kwang Ming Silk Mill Co Business Description

Address No. 607, Ruiguang Road, 7th Floor, Neihu District, Taipei City, TWN
Kwang Ming Silk Mill Co Ltd is mainly engaged in the textile industry, including the manufacture of man-made fibers, dyeing and weaving of fabrics, and the purchase and sale of raw materials, supplies, and finished goods related to fabrics. The Company is also involved in real estate leasing, as well as industrial factory development and rental. It operates through two reportable segments: the Fiber segment, which generates the maximum revenue and is engaged in the manufacture and trading of textured yarn, and the Real Estate Development segment, which focuses on housing, commercial buildings, and factory development and rental.
64GF Score

Get the complete analysis for ROCO:4420

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

NT$35.60
Price
NT$75.13
GF Value