New Asia Construction & Development (TPE:2516) ROCE %: 29.21% (As of Dec. 2025)


TPE:2516 New Asia Construction & Development Corp TPE:2516
79 GF Score
Price NT$13.70
GF Value NT$15.85
Valuation Modestly Undervalued
! 2 Warning Signs
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What is New Asia Construction & Development ROCE %?

New Asia Construction & Development TPE:2516 -0.72% 79 ROCE % is 29.21% as of Dec. 2025. GuruFocus rates TPE:2516 with a GF Score™ of 79/100 and a GF Value™ of NT$15.85 (Modestly Undervalued). The stock has 2 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. New Asia Construction & Development's annualized ROCE % for the quarter that ended in Dec. 2025 was 29.21%.

New Asia Construction & Development  (TPE:2516) 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.

New Asia Construction & Development ROCE % Related Terms

New Asia Construction & Development ROCE % Historical Data

* Premium members only.

The historical data trend for New Asia Construction & Development'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.

New Asia Construction & Development ROCE % Chart

New Asia Construction & Development 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 7.53 -41.76 14.93 13.86 14.58

New Asia Construction & Development 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 19.66 15.04 4.74 9.76 29.21
TPE:2516
79GF Score
New Asia Construction & Development Corp TPE:2516
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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New Asia Construction & Development ROCE % Calculation

New Asia Construction & Development'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 )
=297.34/( ( (7288.663 - 5389.995) + (7973.687 - 5792.253) )/ 2 )
=297.34/( (1898.668+2181.434)/ 2 )
=297.34/2040.051
=14.58 %

New Asia Construction & Development'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 )
=611.688/( ( (7636.209 - 5629.307) + (7973.687 - 5792.253) )/ 2 )
=611.688/( ( 2006.902 + 2181.434 )/ 2 )
=611.688/2094.168
=29.21 %

(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 29.21% mean?
New Asia Construction & Development (TPE:2516) has a ROCE % of 29.21% as of Dec. 2025.
Is New Asia Construction & Development's ROCE % too high?
New Asia Construction & Development's current ROCE % is 29.21%. The Construction industry median ROCE % is 8.22. New Asia Construction & Development's value of 29.21% is 255.4% above this industry median. Overall, New Asia Construction & Development has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Asia Construction & Development's ROCE % compare to PWR and FIX?
New Asia Construction & Development's ROCE % of 29.21% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. New Asia Construction & Development's value of 29.21% is 255.4% 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 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. New Asia Construction & Development's current ROCE % of 29.21% is 255.4% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Asia Construction & Development's current ROCE % is 29.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Asia Construction & Development stock overvalued right now?
Based on GuruFocus' analysis, New Asia Construction & Development (TPE:2516) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.85, compared to a current price of NT$13.70 — trading 13.6% below its estimated fair value. The current ROCE % is 29.21% and 255.4% above the Construction industry median of 8.22. New Asia Construction & Development's overall GF Score™ is 79/100 with 2 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 New Asia Construction & Development (TPE:2516), the current ROCE % is 29.21% 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 New Asia Construction & Development (TPE:2516) Overvalued in 2026?

Based on GuruFocus' analysis, New Asia Construction & Development stock appears to be undervalued. The current stock price of NT$13.70 is trading 13.6% below its estimated GF Value™ of NT$15.85. GuruFocus considers New Asia Construction & Development to be Modestly Undervalued.

Key valuation signals for TPE:2516:

  • ROCE %: 29.21%
  • GF Value™: NT$15.85 vs. price of NT$13.70 (13.6% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 255.4% above the Construction median

No single metric tells the full story. See the TPE:2516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

New Asia Construction & Development Business Description

Address No. 760, Section 4, Bade Road, 15th & 16th Floor, Songshan District, Taipei, TWN
New Asia Construction & Development Corp and its subsidiaries are engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing or selling of public housing and office building, repairment, leasing and selling of heavy equipment, manufacturing and selling of ready mixed concrete and asphalt concrete, and investment. The Group operates in the construction segment, which is engaged in the construction of residential and commercial buildings and civil engineering contracts. The company operates in Taiwan and Asia, and the maximum revenue is generated from Taiwan.
79GF Score

Get the complete analysis for TPE:2516

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

NT$13.70
Price
NT$15.85
GF Value