Formosan Union Chemical (TPE:1709) ROCE %: 8.58% (As of Dec. 2025)


TPE:1709 Formosan Union Chemical Corp TPE:1709
79 GF Score
Price NT$21.05
GF Value NT$18.58
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Formosan Union Chemical ROCE %?

Formosan Union Chemical TPE:1709 -1.64% 79 ROCE % is 8.58% as of Dec. 2025. GuruFocus rates TPE:1709 with a GF Score™ of 79/100 and a GF Value™ of NT$18.58 (Modestly Overvalued). The stock has 7 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. Formosan Union Chemical's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.58%.

Formosan Union Chemical  (TPE:1709) 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.

Formosan Union Chemical ROCE % Related Terms

Formosan Union Chemical ROCE % Historical Data

* Premium members only.

The historical data trend for Formosan Union Chemical'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.

Formosan Union Chemical ROCE % Chart

Formosan Union Chemical 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 12.36 15.43 5.80 9.30 7.42

Formosan Union Chemical 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 4.71 10.45 3.01 7.93 8.58
TPE:1709
79GF Score
Formosan Union Chemical Corp TPE:1709
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Formosan Union Chemical ROCE % Calculation

Formosan Union Chemical'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 )
=776.697/( ( (12780.073 - 2030.488) + (12121.837 - 1930.579) )/ 2 )
=776.697/( (10749.585+10191.258)/ 2 )
=776.697/10470.4215
=7.42 %

Formosan Union Chemical'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 )
=876.2/( ( (11946.06 - 1716.43) + (12121.837 - 1930.579) )/ 2 )
=876.2/( ( 10229.63 + 10191.258 )/ 2 )
=876.2/10210.444
=8.58 %

(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 8.58% mean?
Formosan Union Chemical (TPE:1709) has a ROCE % of 8.58% as of Dec. 2025.
Is Formosan Union Chemical's ROCE % too high?
Formosan Union Chemical's current ROCE % is 8.58%. The Chemicals industry median ROCE % is 6.42. Formosan Union Chemical's value of 8.58% is 33.6% above this industry median. Overall, Formosan Union Chemical has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosan Union Chemical's ROCE % compare to DOW?
Formosan Union Chemical's ROCE % of 8.58% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Formosan Union Chemical's value of 8.58% is 33.6% 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 6.42, 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. Formosan Union Chemical's current ROCE % of 8.58% is 33.6% 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 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosan Union Chemical's current ROCE % is 8.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosan Union Chemical stock overvalued right now?
Based on GuruFocus' analysis, Formosan Union Chemical (TPE:1709) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$18.58, compared to a current price of NT$21.05 — trading 13.3% above its estimated fair value. The current ROCE % is 8.58% and 33.6% above the Chemicals industry median of 6.42. Formosan Union Chemical's overall GF Score™ is 79/100 with 7 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 Formosan Union Chemical (TPE:1709), the current ROCE % is 8.58% 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 Formosan Union Chemical (TPE:1709) Overvalued in 2026?

Based on GuruFocus' analysis, Formosan Union Chemical stock appears to be overvalued. The current stock price of NT$21.05 is trading 13.3% above its estimated GF Value™ of NT$18.58. GuruFocus considers Formosan Union Chemical to be Modestly Overvalued.

Key valuation signals for TPE:1709:

  • ROCE %: 8.58%
  • GF Value™: NT$18.58 vs. price of NT$21.05 (13.3% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 33.6% above the Chemicals median

No single metric tells the full story. See the TPE:1709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Formosan Union Chemical Business Description

Address Liuzhou Street, 7th Floor, No. 80, Wanhua District, Taipei, TWN, 108
Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the production, processing, and trading of chemical products. Its key products are alkyl benzene, nonyl phenol, and hydrogenated hydrocarbon resin and its derivatives. The products are mainly used as raw materials for detergents, surfactants, rubbers, and plastic anti-oxidant agents, among others.
79GF Score

Get the complete analysis for TPE:1709

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

NT$21.05
Price
NT$18.58
GF Value