ShareHope Medicine Co (ROCO:8403) ROCE %: 2.24% (As of Mar. 2026)

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ROCO:8403 ShareHope Medicine Co Ltd ROCO:8403
70 GF Score
Price NT$18.95
GF Value NT$29.89
Valuation Possible Value Trap
! 4 Warning Signs
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What is ShareHope Medicine Co ROCE %?

ShareHope Medicine Co ROCO:8403 70 ROCE % is 2.24% as of Mar. 2026. GuruFocus rates ROCO:8403 with a GF Score™ of 70/100 and a GF Value™ of NT$29.89 (Possible Value Trap). 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. ShareHope Medicine Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.24%.

ShareHope Medicine Co  (ROCO:8403) 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.

ShareHope Medicine Co ROCE % Related Terms

ShareHope Medicine Co ROCE % Historical Data

* Premium members only.

The historical data trend for ShareHope Medicine 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.

ShareHope Medicine Co ROCE % Chart

ShareHope Medicine 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 6.65 7.35 2.92 4.33 3.85

ShareHope Medicine Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.15 2.23 3.64 6.33 2.24
ROCO:8403
70GF Score
ShareHope Medicine Co Ltd ROCO:8403
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ShareHope Medicine Co ROCE % Calculation

ShareHope Medicine 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 )
=197.961/( ( (7101.717 - 1859.999) + (6615.441 - 1563.678) )/ 2 )
=197.961/( (5241.718+5051.763)/ 2 )
=197.961/5146.7405
=3.85 %

ShareHope Medicine Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=112.552/( ( (6615.441 - 1563.678) + (6531.763 - 1530.303) )/ 2 )
=112.552/( ( 5051.763 + 5001.46 )/ 2 )
=112.552/5026.6115
=2.24 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 2.24% mean?
ShareHope Medicine Co (ROCO:8403) has a ROCE % of 2.24% as of Mar. 2026.
Is ShareHope Medicine Co's ROCE % too high?
ShareHope Medicine Co's current ROCE % is 2.24%. The Medical Distribution industry median ROCE % is 9.01. ShareHope Medicine Co's value of 2.24% is 75.1% below this industry median. Overall, ShareHope Medicine Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ShareHope Medicine Co's ROCE % compare to MCK and COR?
ShareHope Medicine Co's ROCE % of 2.24% can be compared against companies in the Medical Distribution industry. The industry median ROCE % is 9.01. ShareHope Medicine Co's value of 2.24% is 75.1% 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 Medical Distribution company?
The median ROCE % among Medical Distribution companies is 9.01, based on 118 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. ShareHope Medicine Co's current ROCE % of 2.24% is 75.1% 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 Medical Distribution industry, the median ROCE % is 9.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShareHope Medicine Co's current ROCE % is 2.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShareHope Medicine Co stock overvalued right now?
Based on GuruFocus' analysis, ShareHope Medicine Co (ROCO:8403) is currently considered Possible Value Trap. The stock's GF Value™ is NT$29.89, compared to a current price of NT$18.95 — trading 36.6% below its estimated fair value. The current ROCE % is 2.24% and 75.1% below the Medical Distribution industry median of 9.01. ShareHope Medicine Co's overall GF Score™ is 70/100 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 ShareHope Medicine Co (ROCO:8403), the current ROCE % is 2.24% as of Mar. 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 ShareHope Medicine Co (ROCO:8403) Overvalued in 2026?

Based on GuruFocus' analysis, ShareHope Medicine Co stock appears to be undervalued. The current stock price of NT$18.95 is trading 36.6% below its estimated GF Value™ of NT$29.89. GuruFocus considers ShareHope Medicine Co to be Possible Value Trap.

Key valuation signals for ROCO:8403:

  • ROCE %: 2.24%
  • GF Value™: NT$29.89 vs. price of NT$18.95 (36.6% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 75.1% below the Medical Distribution median

No single metric tells the full story. See the ROCO:8403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ShareHope Medicine Co Business Description

Address No.168 Jingguo Road, 19th Floor, Taoyuan District, Taoyuan, TWN
ShareHope Medicine Co Ltd is engaged in wholesale and retail sales of medicines and hygiene materials, leasing of assets for medical institutions to undertake related medical services, and physical examinations for Taiwanese people and foreign labors, on-site medical support services, hemodialysis business management, ophthalmic medical management, clothing-related management services, manufacturing, processing and sales of various non-woven fabrics and management consulting for chain pharmacies in collaboration with medical institutions.
70GF Score

Get the complete analysis for ROCO:8403

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

NT$18.95
Price
NT$29.89
GF Value