Cherng Tay Technology Co (ROCO:4767) ROCE %: 8.75% (As of Dec. 2025)

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ROCO:4767 Cherng Tay Technology Co Ltd ROCO:4767
81 GF Score
Price NT$27.40
GF Value NT$23.64
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Cherng Tay Technology Co ROCE %?

Cherng Tay Technology Co ROCO:4767 -0.72% 81 ROCE % is 8.75% as of Dec. 2025. GuruFocus rates ROCO:4767 with a GF Score™ of 81/100 and a GF Value™ of NT$23.64 (Modestly Overvalued). 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. Cherng Tay Technology Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.75%.

Cherng Tay Technology Co  (ROCO:4767) 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.

Cherng Tay Technology Co ROCE % Related Terms

Cherng Tay Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Cherng Tay 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.

Cherng Tay Technology Co ROCE % Chart

Cherng Tay 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 9.75 7.47 8.59 9.19 4.66

Cherng Tay 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 8.11 5.78 0.28 4.42 8.75
ROCO:4767
81GF Score
Cherng Tay Technology Co Ltd ROCO:4767
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherng Tay Technology Co ROCE % Calculation

Cherng Tay 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 )
=54.698/( ( (1423.222 - 219.727) + (1311.221 - 167.671) )/ 2 )
=54.698/( (1203.495+1143.55)/ 2 )
=54.698/1173.5225
=4.66 %

Cherng Tay 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 )
=98.276/( ( (1296.889 - 194.768) + (1311.221 - 167.671) )/ 2 )
=98.276/( ( 1102.121 + 1143.55 )/ 2 )
=98.276/1122.8355
=8.75 %

(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 8.75% mean?
Cherng Tay Technology Co (ROCO:4767) has a ROCE % of 8.75% as of Dec. 2025.
Is Cherng Tay Technology Co's ROCE % too high?
Cherng Tay Technology Co's current ROCE % is 8.75%. The Chemicals industry median ROCE % is 6.50. Cherng Tay Technology Co's value of 8.75% is 34.6% above this industry median. Overall, Cherng Tay Technology Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cherng Tay Technology Co's ROCE % compare to LIN and SHW?
Cherng Tay Technology Co's ROCE % of 8.75% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.50. Cherng Tay Technology Co's value of 8.75% is 34.6% 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 ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.50, based on 1,589 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. Cherng Tay Technology Co's current ROCE % of 8.75% is 34.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherng Tay Technology Co's current ROCE % is 8.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherng Tay Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cherng Tay Technology Co (ROCO:4767) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.64, compared to a current price of NT$27.40 — trading 15.9% above its estimated fair value. The current ROCE % is 8.75% and 34.6% above the Chemicals industry median of 6.50. Cherng Tay Technology Co's overall GF Score™ is 81/100 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 Cherng Tay Technology Co (ROCO:4767), the current ROCE % is 8.75% 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 Cherng Tay Technology Co (ROCO:4767) Overvalued in 2026?

Based on GuruFocus' analysis, Cherng Tay Technology Co stock appears to be overvalued. The current stock price of NT$27.40 is trading 15.9% above its estimated GF Value™ of NT$23.64. GuruFocus considers Cherng Tay Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:4767:

  • ROCE %: 8.75%
  • GF Value™: NT$23.64 vs. price of NT$27.40 (15.9% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 34.6% above the Chemicals median

No single metric tells the full story. See the ROCO:4767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cherng Tay Technology Co Business Description

Address No.1, Luke 3rd Road, Luzhu District, Kaohsiung City, TWN, 821
Cherng Tay Technology Co Ltd is mainly engaged in the manufacturing and sale of adhesives. The Company develops hot melt adhesives and waterproofing materials, with core technologies in environmentally friendly hot melt adhesives, adhesives, waterproofing films, and waterproofing glues. These products are used in the packaging, bookmaking, footwear and waterproofing industries. The Group operates in Taiwan, Mainland China, which generates maximum revenue, India, Indonesia and Vietnam.
81GF Score

Get the complete analysis for ROCO:4767

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

NT$27.40
Price
NT$23.64
GF Value