Formosa Plastics (TPE:1301) ROCE %: 3.37% (As of Mar. 2026)


TPE:1301 Formosa Plastics Corp TPE:1301
63 GF Score
Price NT$52.20
GF Value NT$44.35
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Formosa Plastics ROCE %?

Formosa Plastics TPE:1301 -10.00% 63 ROCE % is 3.37% as of Mar. 2026. GuruFocus rates TPE:1301 with a GF Score™ of 63/100 and a GF Value™ of NT$44.35 (Modestly Overvalued). The stock has 8 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. Formosa Plastics's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.37%.

Formosa Plastics  (TPE:1301) 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.

Formosa Plastics ROCE % Related Terms

Formosa Plastics ROCE % Historical Data

* Premium members only.

The historical data trend for Formosa Plastics'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.

Formosa Plastics ROCE % Chart

Formosa Plastics 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 19.71 10.14 2.16 0.20 -1.63

Formosa Plastics 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 0.97 -6.13 0.19 -1.94 3.37
TPE:1301
63GF Score
Formosa Plastics Corp TPE:1301
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Formosa Plastics ROCE % Calculation

Formosa Plastics'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 )
=-7019.369/( ( (496830.078 - 116630.66) + (557502.008 - 75827.629) )/ 2 )
=-7019.369/( (380199.418+481674.379)/ 2 )
=-7019.369/430936.8985
=-1.63 %

Formosa Plastics'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 )
=16483.592/( ( (557502.008 - 75827.629) + (593528.01 - 95826.345) )/ 2 )
=16483.592/( ( 481674.379 + 497701.665 )/ 2 )
=16483.592/489688.022
=3.37 %

(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 3.37% mean?
Formosa Plastics (TPE:1301) has a ROCE % of 3.37% as of Mar. 2026.
Is Formosa Plastics' ROCE % too high?
Formosa Plastics' current ROCE % is 3.37%. The Chemicals industry median ROCE % is 6.42. Formosa Plastics' value of 3.37% is 47.5% below this industry median. Overall, Formosa Plastics has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Plastics' ROCE % compare to LIN and SHW?
Formosa Plastics' ROCE % of 3.37% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Formosa Plastics' value of 3.37% is 47.5% 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,595 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. Formosa Plastics's current ROCE % of 3.37% is 47.5% 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Plastics's current ROCE % is 3.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Plastics stock overvalued right now?
Based on GuruFocus' analysis, Formosa Plastics (TPE:1301) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$44.35, compared to a current price of NT$52.20 — trading 17.7% above its estimated fair value. The current ROCE % is 3.37% and 47.5% below the Chemicals industry median of 6.42. Formosa Plastics' overall GF Score™ is 63/100 with 8 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 Formosa Plastics (TPE:1301), the current ROCE % is 3.37% 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 Formosa Plastics (TPE:1301) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Plastics stock appears to be overvalued. The current stock price of NT$52.20 is trading 17.7% above its estimated GF Value™ of NT$44.35. GuruFocus considers Formosa Plastics to be Modestly Overvalued.

Key valuation signals for TPE:1301:

  • ROCE %: 3.37%
  • GF Value™: NT$44.35 vs. price of NT$52.20 (17.7% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 47.5% below the Chemicals median

No single metric tells the full story. See the TPE:1301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Formosa Plastics Business Description

Address No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in five reportable segments: Plastics Division, Polyolefins Division, Polypropylene Division, Tairylan Division, and Chemical Division. The majority of revenue is derived from the Plastic division. Geographically, the company operates in Taiwan, mainland China, and other countries, with the maximum revenue generated from Taiwan.
63GF Score

Get the complete analysis for TPE:1301

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

NT$52.20
Price
NT$44.35
GF Value