Shihlin Paper (TPE:1903) ROCE %: 12.36% (As of Dec. 2025)

What is Shihlin Paper ROCE %?

Shihlin Paper TPE:1903 -1.80% 61 ROCE % is 12.36% as of Dec. 2025. GuruFocus rates TPE:1903 with a GF Score™ of 61/100 and a GF Value™ of NT$51.28 (Fairly Valued). The stock has 6 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. Shihlin Paper's annualized ROCE % for the quarter that ended in Dec. 2025 was 12.36%.

Shihlin Paper (TPE:1903) 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.

Shihlin Paper ROCE % Related Terms

Shihlin Paper ROCE % Historical Data

* Premium members only.

The historical data trend for Shihlin Paper'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.

Shihlin Paper ROCE % Chart

Shihlin Paper Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

1.48

2.83

1.95

0.38

5.58

Shihlin Paper 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															-0.44	-0.31	-1.45	11.82	12.36

61GF Score

Shihlin Paper Corp TPE:1903

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Shihlin Paper ROCE % Calculation

Shihlin Paper'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 )
	=	397.4	/	( ( (10265.056 - 3314.361)	+	(10560.058 - 3265.805) )	/ 2 )
	=	397.4	/	( (6950.695	+	7294.253)	/ 2 )
	=	397.4	/	7122.474
	=	5.58 %

Shihlin Paper'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 )
	=	877.248	/	( ( (10194.917 - 3294.237)	+	(10560.058 - 3265.805) )	/ 2 )
	=	877.248	/	( ( 6900.68	+	7294.253 )	/ 2 )
	=	877.248	/	7097.4665
	=	12.36 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 12.36% mean?

Shihlin Paper (TPE:1903) has a ROCE % of 12.36% as of Dec. 2025.

Is Shihlin Paper's ROCE % too high?

Shihlin Paper's current ROCE % is 12.36%. The Consumer Packaged Goods industry median ROCE % is 8.78. Shihlin Paper's value of 12.36% is 40.9% above this industry median. Overall, Shihlin Paper has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Shihlin Paper's ROCE % compare to PG and CL?

Shihlin Paper's ROCE % of 12.36% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. Shihlin Paper's value of 12.36% is 40.9% 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 Consumer Packaged Goods company?

The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 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. Shihlin Paper's current ROCE % of 12.36% is 40.9% 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 Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Paper's current ROCE % is 12.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Shihlin Paper stock overvalued right now?

Based on GuruFocus' analysis, Shihlin Paper (TPE:1903) is currently considered Fairly Valued. The stock's GF Value™ is NT$51.28, compared to a current price of NT$46.45 — trading 9.4% below its estimated fair value. The current ROCE % is 12.36% and 40.9% above the Consumer Packaged Goods industry median of 8.78. Shihlin Paper's overall GF Score™ is 61/100 with 6 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 Shihlin Paper (TPE:1903), the current ROCE % is 12.36% 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 Shihlin Paper (TPE:1903) Overvalued in 2026?

Based on GuruFocus' analysis, Shihlin Paper stock appears to be undervalued. The current stock price of NT$46.45 is trading 9.4% below its estimated GF Value™ of NT$51.28. GuruFocus considers Shihlin Paper to be Fairly Valued.

Key valuation signals for TPE:1903:

ROCE %: 12.36%
GF Value™: NT$51.28 vs. price of NT$46.45 (9.4% below fair value)
GF Score™: 61/100 with 6 warning signs
Industry Position: 40.9% above the Consumer Packaged Goods median

No single metric tells the full story. See the TPE:1903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shihlin Paper Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies ROCO:8436 TPE:6790 TPE:4137 TPE:1737 ROCO:6523 ROCO:6703 TPE:1730 TPE:1817 TPE:9919 TPE:6504 PG XPAR:OR LSE:ULVR CL BOM:500696 LSE:RKT KVUE KMB EL XTER:HEN3

Address No.31, Fude Road, Shihlin District, Taipei, TWN

Website https://www.shihlin.com.tw

Shihlin Paper Corp is engaged in the sales of paper-processed products, wet wipes, facial masks, skincare products, and toiletries and the leasing of assets and investment and development. The company's segments consist of the Consumer Goods Department and the Real Estate Development Department. The Consumer Goods Department is responsible for selling wet wipes and facial masks and leasing real estate. The Real Estate Development Department engages in developing, leasing, and urban renewal and reconstruction of residential property and buildings.

61GF Score

Get the complete analysis for TPE:1903

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

NT$46.45

Price

NT$51.28

GF Value

View TPE:1903 Analysis

See ROCE % data for all stocks →