Asia Electronic Material Co (ROCO:4939) ROCE %: 4.97% (As of Dec. 2025)


ROCO:4939 Asia Electronic Material Co Ltd ROCO:4939
47 GF Score
Price NT$62.30
GF Value NT$18.30
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Asia Electronic Material Co ROCE %?

Asia Electronic Material Co ROCO:4939 +2.64% 47 ROCE % is 4.97% as of Dec. 2025. GuruFocus rates ROCO:4939 with a GF Score™ of 47/100 and a GF Value™ of NT$18.30 (Significantly Overvalued). The stock has 10 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. Asia Electronic Material Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 4.97%.

Asia Electronic Material Co  (ROCO:4939) 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.

Asia Electronic Material Co ROCE % Related Terms

Asia Electronic Material Co ROCE % Historical Data

* Premium members only.

The historical data trend for Asia Electronic Material 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.

Asia Electronic Material Co ROCE % Chart

Asia Electronic Material 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 14.60 3.70 4.25 3.09 -1.05

Asia Electronic Material 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 -1.83 3.38 -21.38 9.00 4.97
ROCO:4939
47GF Score
Asia Electronic Material Co Ltd ROCO:4939
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Electronic Material Co ROCE % Calculation

Asia Electronic Material 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 )
=-18.531/( ( (2777.155 - 956.023) + (2663.532 - 944.308) )/ 2 )
=-18.531/( (1821.132+1719.224)/ 2 )
=-18.531/1770.178
=-1.05 %

Asia Electronic Material 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 )
=83.848/( ( (2520.104 - 863.229) + (2663.532 - 944.308) )/ 2 )
=83.848/( ( 1656.875 + 1719.224 )/ 2 )
=83.848/1688.0495
=4.97 %

(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 4.97% mean?
Asia Electronic Material Co (ROCO:4939) has a ROCE % of 4.97% as of Dec. 2025.
Is Asia Electronic Material Co's ROCE % too high?
Asia Electronic Material Co's current ROCE % is 4.97%. The Hardware industry median ROCE % is 5.82. Asia Electronic Material Co's value of 4.97% is 14.6% below this industry median. Overall, Asia Electronic Material Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Electronic Material Co's ROCE % compare to APH and GLW?
Asia Electronic Material Co's ROCE % of 4.97% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. Asia Electronic Material Co's value of 4.97% is 14.6% 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 Hardware company?
The median ROCE % among Hardware companies is 5.82, based on 2,449 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. Asia Electronic Material Co's current ROCE % of 4.97% is 14.6% 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 Hardware industry, the median ROCE % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Electronic Material Co's current ROCE % is 4.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Electronic Material Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Electronic Material Co (ROCO:4939) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.30, compared to a current price of NT$62.30 — trading 240.4% above its estimated fair value. The current ROCE % is 4.97% and 14.6% below the Hardware industry median of 5.82. Asia Electronic Material Co's overall GF Score™ is 47/100 with 10 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 Asia Electronic Material Co (ROCO:4939), the current ROCE % is 4.97% 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 Asia Electronic Material Co (ROCO:4939) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Electronic Material Co stock appears to be overvalued. The current stock price of NT$62.30 is trading 240.4% above its estimated GF Value™ of NT$18.30. GuruFocus considers Asia Electronic Material Co to be Significantly Overvalued.

Key valuation signals for ROCO:4939:

  • ROCE %: 4.97%
  • GF Value™: NT$18.30 vs. price of NT$62.30 (240.4% above fair value)
  • GF Score™: 47/100 with 10 warning signs
  • Industry Position: 14.6% below the Hardware median

No single metric tells the full story. See the ROCO:4939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asia Electronic Material Co Business Description

Address No. 3, HuanKe 1st Road, 6th Floor-7, Hsinchu County, Zhubei, TWN, 302
Asia Electronic Material Co Ltd is engaged in manufacture of electronic products and sale of electronic materials. Geographically, the company operates in Taiwan, China, and Other Countries, of which it derives maximum revenue from China. it mainly researches, develops, manufactures and markets flexible copper clad laminate (FCCL), coverlay (CL), stiffener and bonding sheet. Its products are used in Mobile phones, smart phones, digital cameras, laptop PCs, tablet PCs, LCD monitors, printer inkjet heads, hard drive heads, a variety of flat panel displays, touch modules, antenna panels, batteries and LED backlight module light bar etc.
47GF Score

Get the complete analysis for ROCO:4939

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

NT$62.30
Price
NT$18.30
GF Value