Chung Hwa Pulp (TPE:1905) ROCE %: 8.34% (As of Dec. 2025)


TPE:1905 Chung Hwa Pulp Corp TPE:1905
63 GF Score
Price NT$16.50
GF Value NT$17.21
Valuation Fairly Valued
! 11 Warning Signs
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What is Chung Hwa Pulp ROCE %?

Chung Hwa Pulp TPE:1905 -2.08% 63 ROCE % is 8.34% as of Dec. 2025. GuruFocus rates TPE:1905 with a GF Score™ of 63/100 and a GF Value™ of NT$17.21 (Fairly Valued). The stock has 11 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. Chung Hwa Pulp's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.34%.

Chung Hwa Pulp  (TPE:1905) 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.

Chung Hwa Pulp ROCE % Related Terms

Chung Hwa Pulp ROCE % Historical Data

* Premium members only.

The historical data trend for Chung Hwa Pulp'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.

Chung Hwa Pulp ROCE % Chart

Chung Hwa Pulp 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 2.97 2.77 -1.85 -0.12 -1.94

Chung Hwa Pulp 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 -2.17 -5.93 -4.70 -5.79 8.34
TPE:1905
63GF Score
Chung Hwa Pulp Corp TPE:1905
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chung Hwa Pulp ROCE % Calculation

Chung Hwa Pulp'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 )
=-440.907/( ( (38617.733 - 16058.702) + (40441.347 - 17573.778) )/ 2 )
=-440.907/( (22559.031+22867.569)/ 2 )
=-440.907/22713.3
=-1.94 %

Chung Hwa Pulp'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 )
=1878.18/( ( (39289.078 - 17102.098) + (40441.347 - 17573.778) )/ 2 )
=1878.18/( ( 22186.98 + 22867.569 )/ 2 )
=1878.18/22527.2745
=8.34 %

(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 8.34% mean?
Chung Hwa Pulp (TPE:1905) has a ROCE % of 8.34% as of Dec. 2025.
Is Chung Hwa Pulp's ROCE % too high?
Chung Hwa Pulp's current ROCE % is 8.34%. The Forest Products industry median ROCE % is 3.38. Chung Hwa Pulp's value of 8.34% is 146.7% above this industry median. Overall, Chung Hwa Pulp has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chung Hwa Pulp's ROCE % compare to competitors?
Chung Hwa Pulp's ROCE % of 8.34% can be compared against companies in the Forest Products industry. The industry median ROCE % is 3.38. Chung Hwa Pulp's value of 8.34% is 146.7% 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 Forest Products company?
The median ROCE % among Forest Products companies is 3.38, based on 280 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. Chung Hwa Pulp's current ROCE % of 8.34% is 146.7% 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 Forest Products industry, the median ROCE % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung Hwa Pulp's current ROCE % is 8.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Hwa Pulp stock overvalued right now?
Based on GuruFocus' analysis, Chung Hwa Pulp (TPE:1905) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.21, compared to a current price of NT$16.50 — trading 4.1% below its estimated fair value. The current ROCE % is 8.34% and 146.7% above the Forest Products industry median of 3.38. Chung Hwa Pulp's overall GF Score™ is 63/100 with 11 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 Chung Hwa Pulp (TPE:1905), the current ROCE % is 8.34% 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 Chung Hwa Pulp (TPE:1905) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Hwa Pulp stock appears to be undervalued. The current stock price of NT$16.50 is trading 4.1% below its estimated GF Value™ of NT$17.21. GuruFocus considers Chung Hwa Pulp to be Fairly Valued.

Key valuation signals for TPE:1905:

  • ROCE %: 8.34%
  • GF Value™: NT$17.21 vs. price of NT$16.50 (4.1% below fair value)
  • GF Score™: 63/100 with 11 warning signs
  • Industry Position: 146.7% above the Forest Products median

No single metric tells the full story. See the TPE:1905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chung Hwa Pulp Business Description

Address No. 51, Chongqing South Road, 12th Floor, Section 2, Taipei City, TWN
Chung Hwa Pulp Corp is engaged in the production and sale of pulp and paper. Its businesses include specialty paper, pulp, paper and paperboard, tape and other businesses. The Company operates through the Pulp and Fine Paper segment, which generates maximum revenue, and the Forestry segment. Its activities include the manufacture and sale of cardboard, paper and pulp, as well as seedling cultivation and reforestation. Geographically, the Group operates in Taiwan and mainland China, with Taiwan generating maximum revenue.
63GF Score

Get the complete analysis for TPE:1905

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

NT$16.50
Price
NT$17.21
GF Value