Hiyes International Co (TPE:2348) ROCE %: 10.27% (As of Dec. 2025)


TPE:2348 Hiyes International Co Ltd TPE:2348
74 GF Score
Price NT$75.90
GF Value NT$116.72
Valuation Possible Value Trap
! 11 Warning Signs
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What is Hiyes International Co ROCE %?

Hiyes International Co TPE:2348 -0.26% 74 ROCE % is 10.27% as of Dec. 2025. GuruFocus rates TPE:2348 with a GF Score™ of 74/100 and a GF Value™ of NT$116.72 (Possible Value Trap). 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. Hiyes International Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 10.27%.

Hiyes International Co  (TPE:2348) 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.

Hiyes International Co ROCE % Related Terms

Hiyes International Co ROCE % Historical Data

* Premium members only.

The historical data trend for Hiyes International 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.

Hiyes International Co ROCE % Chart

Hiyes International Co 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 20.95 7.69 11.06 12.11 6.49

Hiyes International 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 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 5.03 7.47 4.68 3.12 10.27
TPE:2348
74GF Score
Hiyes International Co Ltd TPE:2348
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiyes International Co ROCE % Calculation

Hiyes International 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 )
=2083.177/( ( (42815.074 - 12140.312) + (47937.177 - 14435.262) )/ 2 )
=2083.177/( (30674.762+33501.915)/ 2 )
=2083.177/32088.3385
=6.49 %

Hiyes International 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 )
=3281.82/( ( (46329.607 - 15950.02) + (47937.177 - 14435.262) )/ 2 )
=3281.82/( ( 30379.587 + 33501.915 )/ 2 )
=3281.82/31940.751
=10.27 %

(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 10.27% mean?
Hiyes International Co (TPE:2348) has a ROCE % of 10.27% as of Dec. 2025.
Is Hiyes International Co's ROCE % too high?
Hiyes International Co's current ROCE % is 10.27%. The Real Estate industry median ROCE % is 4.66. Hiyes International Co's value of 10.27% is 120.4% above this industry median. Overall, Hiyes International Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's ROCE % compare to CBRE and BEKE?
Hiyes International Co's ROCE % of 10.27% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. Hiyes International Co's value of 10.27% is 120.4% 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,755 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. Hiyes International Co's current ROCE % of 10.27% is 120.4% 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 Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiyes International Co's current ROCE % is 10.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Possible Value Trap. The stock's GF Value™ is NT$116.72, compared to a current price of NT$75.90 — trading 35% below its estimated fair value. The current ROCE % is 10.27% and 120.4% above the Real Estate industry median of 4.66. Hiyes International Co's overall GF Score™ is 74/100 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 Hiyes International Co (TPE:2348), the current ROCE % is 10.27% 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 Hiyes International Co (TPE:2348) Overvalued in 2026?

Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued. The current stock price of NT$75.90 is trading 35% below its estimated GF Value™ of NT$116.72. GuruFocus considers Hiyes International Co to be Possible Value Trap.

Key valuation signals for TPE:2348:

  • ROCE %: 10.27%
  • GF Value™: NT$116.72 vs. price of NT$75.90 (35% below fair value)
  • GF Score™: 74/100 with 11 warning signs
  • Industry Position: 120.4% above the Real Estate median

No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hiyes International Co Business Description

Address No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
74GF Score

Get the complete analysis for TPE:2348

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

NT$75.90
Price
NT$116.72
GF Value