Tonlin Department Store Co (TPE:2910) ROCE %: 5.94% (As of Dec. 2025)


TPE:2910 Tonlin Department Store Co Ltd TPE:2910
74 GF Score
Price NT$21.95
GF Value NT$19.50
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Tonlin Department Store Co ROCE %?

Tonlin Department Store Co TPE:2910 -1.13% 74 ROCE % is 5.94% as of Dec. 2025. GuruFocus rates TPE:2910 with a GF Score™ of 74/100 and a GF Value™ of NT$19.50 (Modestly Overvalued). The stock has 6 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. Tonlin Department Store Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 5.94%.

Tonlin Department Store Co  (TPE:2910) 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.

Tonlin Department Store Co ROCE % Related Terms

Tonlin Department Store Co ROCE % Historical Data

* Premium members only.

The historical data trend for Tonlin Department Store 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.

Tonlin Department Store Co ROCE % Chart

Tonlin Department Store 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 3.59 3.25 6.08 6.50 5.85

Tonlin Department Store 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 6.48 5.99 3.54 8.22 5.94
TPE:2910
74GF Score
Tonlin Department Store Co Ltd TPE:2910
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tonlin Department Store Co ROCE % Calculation

Tonlin Department Store 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 )
=320.895/( ( (5967.909 - 712.116) + (6372.796 - 658.706) )/ 2 )
=320.895/( (5255.793+5714.09)/ 2 )
=320.895/5484.9415
=5.85 %

Tonlin Department Store 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 )
=337.66/( ( (6194.127 - 544.636) + (6372.796 - 658.706) )/ 2 )
=337.66/( ( 5649.491 + 5714.09 )/ 2 )
=337.66/5681.7905
=5.94 %

(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 5.94% mean?
Tonlin Department Store Co (TPE:2910) has a ROCE % of 5.94% as of Dec. 2025.
Is Tonlin Department Store Co's ROCE % too high?
Tonlin Department Store Co's current ROCE % is 5.94%. The Retail - Cyclical industry median ROCE % is 7.59. Tonlin Department Store Co's value of 5.94% is 21.7% below this industry median. Overall, Tonlin Department Store Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tonlin Department Store Co's ROCE % compare to DDS and M?
Tonlin Department Store Co's ROCE % of 5.94% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.59. Tonlin Department Store Co's value of 5.94% is 21.7% 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 7.59, based on 1,110 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. Tonlin Department Store Co's current ROCE % of 5.94% is 21.7% 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 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tonlin Department Store Co's current ROCE % is 5.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonlin Department Store Co stock overvalued right now?
Based on GuruFocus' analysis, Tonlin Department Store Co (TPE:2910) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$19.50, compared to a current price of NT$21.95 — trading 12.6% above its estimated fair value. The current ROCE % is 5.94% and 21.7% below the Retail - Cyclical industry median of 7.59. Tonlin Department Store Co's overall GF Score™ is 74/100 with 6 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 Tonlin Department Store Co (TPE:2910), the current ROCE % is 5.94% 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 Tonlin Department Store Co (TPE:2910) Overvalued in 2026?

Based on GuruFocus' analysis, Tonlin Department Store Co stock appears to be overvalued. The current stock price of NT$21.95 is trading 12.6% above its estimated GF Value™ of NT$19.50. GuruFocus considers Tonlin Department Store Co to be Modestly Overvalued.

Key valuation signals for TPE:2910:

  • ROCE %: 5.94%
  • GF Value™: NT$19.50 vs. price of NT$21.95 (12.6% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 21.7% below the Retail - Cyclical median

No single metric tells the full story. See the TPE:2910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tonlin Department Store Co Business Description

Address Zhongxiao East Road, 10th Floor-6, No.197, Section 4, Taipei, TWN
Tonlin Department Store Co Ltd operates department stores offering men's and women's apparel and accessories, food, gifts, and general merchandise, among others. The reporting segments for the company are: Department store and Construction segment. Maximum revenue is generated from the Department store segment.
74GF Score

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

NT$21.95
Price
NT$19.50
GF Value