Far Eastern Department Stores (TPE:2903) ROCE %: 6.01% (As of Dec. 2025)


TPE:2903 Far Eastern Department Stores Ltd TPE:2903
73 GF Score
Price NT$23.15
GF Value NT$22.26
Valuation Fairly Valued
! 7 Warning Signs
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What is Far Eastern Department Stores ROCE %?

Far Eastern Department Stores TPE:2903 -1.07% 73 ROCE % is 6.01% as of Dec. 2025. GuruFocus rates TPE:2903 with a GF Score™ of 73/100 and a GF Value™ of NT$22.26 (Fairly Valued). The stock has 7 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. Far Eastern Department Stores's annualized ROCE % for the quarter that ended in Dec. 2025 was 6.01%.

Far Eastern Department Stores  (TPE:2903) 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.

Far Eastern Department Stores ROCE % Related Terms

Far Eastern Department Stores ROCE % Historical Data

* Premium members only.

The historical data trend for Far Eastern Department Stores'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.

Far Eastern Department Stores ROCE % Chart

Far Eastern Department Stores 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 3.91 5.57 7.78 5.78 5.00

Far Eastern Department Stores 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 6.71 4.99 4.33 4.66 6.01
TPE:2903
73GF Score
Far Eastern Department Stores Ltd TPE:2903
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Far Eastern Department Stores ROCE % Calculation

Far Eastern Department Stores'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 )
=4671.544/( ( (142263.215 - 48698.251) + (140551.428 - 47115.123) )/ 2 )
=4671.544/( (93564.964+93436.305)/ 2 )
=4671.544/93500.6345
=5.00 %

Far Eastern Department Stores'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 )
=5582.388/( ( (134435.982 - 41984.962) + (140551.428 - 47115.123) )/ 2 )
=5582.388/( ( 92451.02 + 93436.305 )/ 2 )
=5582.388/92943.6625
=6.01 %

(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 6.01% mean?
Far Eastern Department Stores (TPE:2903) has a ROCE % of 6.01% as of Dec. 2025.
Is Far Eastern Department Stores' ROCE % too high?
Far Eastern Department Stores' current ROCE % is 6.01%. The Retail - Cyclical industry median ROCE % is 7.58. Far Eastern Department Stores' value of 6.01% is 20.7% below this industry median. Overall, Far Eastern Department Stores has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Far Eastern Department Stores' ROCE % compare to DDS?
Far Eastern Department Stores' ROCE % of 6.01% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.58. Far Eastern Department Stores' value of 6.01% is 20.7% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.58, based on 1,117 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. Far Eastern Department Stores's current ROCE % of 6.01% is 20.7% 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 Retail - Cyclical industry, the median ROCE % is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Eastern Department Stores's current ROCE % is 6.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Eastern Department Stores stock overvalued right now?
Based on GuruFocus' analysis, Far Eastern Department Stores (TPE:2903) is currently considered Fairly Valued. The stock's GF Value™ is NT$22.26, compared to a current price of NT$23.15 — trading 4% above its estimated fair value. The current ROCE % is 6.01% and 20.7% below the Retail - Cyclical industry median of 7.58. Far Eastern Department Stores' overall GF Score™ is 73/100 with 7 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 Far Eastern Department Stores (TPE:2903), the current ROCE % is 6.01% 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 Far Eastern Department Stores (TPE:2903) Overvalued in 2026?

Based on GuruFocus' analysis, Far Eastern Department Stores stock appears to be overvalued. The current stock price of NT$23.15 is trading 4% above its estimated GF Value™ of NT$22.26. GuruFocus considers Far Eastern Department Stores to be Fairly Valued.

Key valuation signals for TPE:2903:

  • ROCE %: 6.01%
  • GF Value™: NT$22.26 vs. price of NT$23.15 (4% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 20.7% below the Retail - Cyclical median

No single metric tells the full story. See the TPE:2903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Far Eastern Department Stores Business Description

Address Xinzhan Road, No. 16, 18th Floor, Banqiao District, New Taipei City, TWN, 220
Far Eastern Department Stores Ltd is a Taiwan-based company principally engaged in the operation of department stores and supermarkets. It provides a broad range of merchandise, including foods, apparel, gold and jewelry, household appliances, groceries, home furnishing products, consumer electronics, stationery goods, artworks, entertainment appliances, and sports and leisure goods. Geographically, the Group generates maximum revenue from ROC, and the rest from China.
73GF Score

Get the complete analysis for TPE:2903

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

NT$23.15
Price
NT$22.26
GF Value