Cheng Shin Rubber Industry Co (TPE:2105) ROCE %: 5.35% (As of Dec. 2025)

What is Cheng Shin Rubber Industry Co ROCE %?

Cheng Shin Rubber Industry Co TPE:2105 -0.68% 70 ROCE % is 5.35% as of Dec. 2025. GuruFocus rates TPE:2105 with a GF Score™ of 70/100 and a GF Value™ of NT$42.43 (Significantly Undervalued). 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. Cheng Shin Rubber Industry Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 5.35%.

Cheng Shin Rubber Industry Co (TPE:2105) 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.

Cheng Shin Rubber Industry Co ROCE % Related Terms

Cheng Shin Rubber Industry Co ROCE % Historical Data

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The historical data trend for Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co ROCE % Chart

Cheng Shin Rubber Industry Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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6.65

6.70

9.80

9.63

6.32

Cheng Shin Rubber Industry Co 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															6.20	7.66	5.46	8.31	5.35

70GF Score

Cheng Shin Rubber Industry Co Ltd TPE:2105

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

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Cheng Shin Rubber Industry Co ROCE % Calculation

Cheng Shin Rubber Industry 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 )
	=	7639.083	/	( ( (146254.463 - 25437.469)	+	(142881.524 - 21964.566) )	/ 2 )
	=	7639.083	/	( (120816.994	+	120916.958)	/ 2 )
	=	7639.083	/	120866.976
	=	6.32 %

Cheng Shin Rubber Industry Co'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 )
	=	6268.092	/	( ( (138907.007 - 25535.617)	+	(142881.524 - 21964.566) )	/ 2 )
	=	6268.092	/	( ( 113371.39	+	120916.958 )	/ 2 )
	=	6268.092	/	117144.174
	=	5.35 %

(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 5.35% mean?

Cheng Shin Rubber Industry Co (TPE:2105) has a ROCE % of 5.35% as of Dec. 2025.

Is Cheng Shin Rubber Industry Co's ROCE % too high?

Cheng Shin Rubber Industry Co's current ROCE % is 5.35%. The Vehicles & Parts industry median ROCE % is 7.94. Cheng Shin Rubber Industry Co's value of 5.35% is 32.6% below this industry median. Overall, Cheng Shin Rubber Industry Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Cheng Shin Rubber Industry Co's ROCE % compare to ORLY and AZO?

Cheng Shin Rubber Industry Co's ROCE % of 5.35% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Cheng Shin Rubber Industry Co's value of 5.35% is 32.6% 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 Vehicles & Parts company?

The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. Cheng Shin Rubber Industry Co's current ROCE % of 5.35% is 32.6% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Shin Rubber Industry Co's current ROCE % is 5.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cheng Shin Rubber Industry Co stock overvalued right now?

Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co (TPE:2105) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$42.43, compared to a current price of NT$29.40 — trading 30.7% below its estimated fair value. The current ROCE % is 5.35% and 32.6% below the Vehicles & Parts industry median of 7.94. Cheng Shin Rubber Industry 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 Cheng Shin Rubber Industry Co (TPE:2105), the current ROCE % is 5.35% 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 Cheng Shin Rubber Industry Co (TPE:2105) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co stock appears to be undervalued. The current stock price of NT$29.40 is trading 30.7% below its estimated GF Value™ of NT$42.43. GuruFocus considers Cheng Shin Rubber Industry Co to be Significantly Undervalued.

Key valuation signals for TPE:2105:

ROCE %: 5.35%
GF Value™: NT$42.43 vs. price of NT$29.40 (30.7% below fair value)
GF Score™: 70/100 with 4 warning signs
Industry Position: 32.6% below the Vehicles & Parts median

No single metric tells the full story. See the TPE:2105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cheng Shin Rubber Industry Co Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies TPE:1319 TPE:6605 TPE:2101 ROCO:8255 TPE:4551 TPE:2106 TPE:1536 ROCO:6279 TPE:1563 TPE:2231 ORLY TSE:5802 AZO XKRX:012330 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG

Address No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545

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

Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc. Its geographical segments are Taiwan, China, the United States, and Others.

70GF Score

Get the complete analysis for TPE:2105

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

NT$29.40

Price

NT$42.43

GF Value

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