Starlux Airlines Co (TPE:2646) ROCE %: 0.54% (As of Dec. 2025)


TPE:2646 Starlux Airlines Co Ltd TPE:2646
48 GF Score
Price NT$21.20
GF Value NT$31.65
Valuation Possible Value Trap
! 9 Warning Signs
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What is Starlux Airlines Co ROCE %?

Starlux Airlines Co TPE:2646 -3.42% 48 ROCE % is 0.54% as of Dec. 2025. GuruFocus rates TPE:2646 with a GF Score™ of 48/100 and a GF Value™ of NT$31.65 (Possible Value Trap). The stock has 9 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. Starlux Airlines Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 0.54%.

Starlux Airlines Co  (TPE:2646) 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.

Starlux Airlines Co ROCE % Related Terms

Starlux Airlines Co ROCE % Historical Data

* Premium members only.

The historical data trend for Starlux Airlines 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.

Starlux Airlines Co ROCE % Chart

Starlux Airlines Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -17.24 -18.90 1.28 2.80 1.29

Starlux Airlines Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 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 0.15 4.57 0.69 -0.36 0.54
TPE:2646
48GF Score
Starlux Airlines Co Ltd TPE:2646
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Starlux Airlines Co ROCE % Calculation

Starlux Airlines 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 )
=1408.688/( ( (119064.801 - 18179.698) + (137297.56 - 20168.535) )/ 2 )
=1408.688/( (100885.103+117129.025)/ 2 )
=1408.688/109007.064
=1.29 %

Starlux Airlines 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 )
=610.016/( ( (130482.372 - 20320.4) + (137297.56 - 20168.535) )/ 2 )
=610.016/( ( 110161.972 + 117129.025 )/ 2 )
=610.016/113645.4985
=0.54 %

(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 0.54% mean?
Starlux Airlines Co (TPE:2646) has a ROCE % of 0.54% as of Dec. 2025.
Is Starlux Airlines Co's ROCE % too high?
Starlux Airlines Co's current ROCE % is 0.54%. The Transportation industry median ROCE % is 7.74. Starlux Airlines Co's value of 0.54% is 93% below this industry median. Overall, Starlux Airlines Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Starlux Airlines Co's ROCE % compare to DAL and UAL?
Starlux Airlines Co's ROCE % of 0.54% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. Starlux Airlines Co's value of 0.54% is 93% 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 Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 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. Starlux Airlines Co's current ROCE % of 0.54% is 93% 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 Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starlux Airlines Co's current ROCE % is 0.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starlux Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Starlux Airlines Co (TPE:2646) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.65, compared to a current price of NT$21.20 — trading 33% below its estimated fair value. The current ROCE % is 0.54% and 93% below the Transportation industry median of 7.74. Starlux Airlines Co's overall GF Score™ is 48/100 with 9 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 Starlux Airlines Co (TPE:2646), the current ROCE % is 0.54% 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 Starlux Airlines Co (TPE:2646) Overvalued in 2026?

Based on GuruFocus' analysis, Starlux Airlines Co stock appears to be undervalued. The current stock price of NT$21.20 is trading 33% below its estimated GF Value™ of NT$31.65. GuruFocus considers Starlux Airlines Co to be Possible Value Trap.

Key valuation signals for TPE:2646:

  • ROCE %: 0.54%
  • GF Value™: NT$31.65 vs. price of NT$21.20 (33% below fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 93% below the Transportation median

No single metric tells the full story. See the TPE:2646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Starlux Airlines Co Business Description

Address Zhongxiao E. Road, Section 4, No. 525, 11th Floor, Xinyi District, Taipei, TWN, 11470
Starlux Airlines Co Ltd is an airline company that offers airline services. The company provides civil air transportation, civil aviation personnel training, and other services. It offers flights to more than ten Northeast Asia, Southeast Asia, and Macau destinations. Geographically, the company generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), North America, and other regions.
48GF Score

Get the complete analysis for TPE:2646

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

NT$21.20
Price
NT$31.65
GF Value