Sinbon Electronics Co (TPE:3023) ROCE %: 25.07% (As of Mar. 2026)


TPE:3023 Sinbon Electronics Co Ltd TPE:3023
87 GF Score
Price NT$306.50
GF Value NT$274.80
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Sinbon Electronics Co ROCE %?

Sinbon Electronics Co TPE:3023 -5.84% 87 ROCE % is 25.07% as of Mar. 2026. GuruFocus rates TPE:3023 with a GF Score™ of 87/100 and a GF Value™ of NT$274.80 (Modestly Overvalued). 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. Sinbon Electronics Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 25.07%.

Sinbon Electronics Co  (TPE:3023) 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.

Sinbon Electronics Co ROCE % Related Terms

Sinbon Electronics Co ROCE % Historical Data

* Premium members only.

The historical data trend for Sinbon Electronics 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.

Sinbon Electronics Co ROCE % Chart

Sinbon Electronics 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 25.20 28.08 26.83 29.64 23.97

Sinbon Electronics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 29.49 24.45 25.01 20.51 25.07
TPE:3023
87GF Score
Sinbon Electronics Co Ltd TPE:3023
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinbon Electronics Co ROCE % Calculation

Sinbon Electronics 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 )
=4031.036/( ( (30634.792 - 14353.417) + (31989.134 - 14635.272) )/ 2 )
=4031.036/( (16281.375+17353.862)/ 2 )
=4031.036/16817.6185
=23.97 %

Sinbon Electronics Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4529.62/( ( (31989.134 - 14635.272) + (32645.613 - 13869.565) )/ 2 )
=4529.62/( ( 17353.862 + 18776.048 )/ 2 )
=4529.62/18064.955
=25.07 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 25.07% mean?
Sinbon Electronics Co (TPE:3023) has a ROCE % of 25.07% as of Mar. 2026.
Is Sinbon Electronics Co's ROCE % too high?
Sinbon Electronics Co's current ROCE % is 25.07%. The Hardware industry median ROCE % is 5.83. Sinbon Electronics Co's value of 25.07% is 330% above this industry median. Overall, Sinbon Electronics Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinbon Electronics Co's ROCE % compare to APH and GLW?
Sinbon Electronics Co's ROCE % of 25.07% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Sinbon Electronics Co's value of 25.07% is 330% 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 Hardware company?
The median ROCE % among Hardware companies is 5.83, based on 2,445 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. Sinbon Electronics Co's current ROCE % of 25.07% is 330% 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinbon Electronics Co's current ROCE % is 25.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinbon Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sinbon Electronics Co (TPE:3023) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$274.80, compared to a current price of NT$306.50 — trading 11.5% above its estimated fair value. The current ROCE % is 25.07% and 330% above the Hardware industry median of 5.83. Sinbon Electronics Co's overall GF Score™ is 87/100 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 Sinbon Electronics Co (TPE:3023), the current ROCE % is 25.07% as of Mar. 2026. 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 Sinbon Electronics Co (TPE:3023) Overvalued in 2026?

Based on GuruFocus' analysis, Sinbon Electronics Co stock appears to be overvalued. The current stock price of NT$306.50 is trading 11.5% above its estimated GF Value™ of NT$274.80. GuruFocus considers Sinbon Electronics Co to be Modestly Overvalued.

Key valuation signals for TPE:3023:

  • ROCE %: 25.07%
  • GF Value™: NT$274.80 vs. price of NT$306.50 (11.5% above fair value)
  • GF Score™: 87/100 with 9 warning signs
  • Industry Position: 330% above the Hardware median

No single metric tells the full story. See the TPE:3023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sinbon Electronics Co Business Description

Address No. 582, Kuo-Hwa Road, Miaoli, TWN, 360
Sinbon Electronics Co Ltd is engaged in the design, development, manufacturing, and sale of cable assemblies, connectors, and related electronic components, along with integration services such as printed circuit boards and system solutions. The company has five reportable segments. The Green Energy segment, which focuses on cable assemblies and control modules for solar and wind power. The Industrial Application segment provides control and connection cable assemblies for industrial equipment. The Medical Health segment manufactures cables for medical devices. The Automotive & Aviation segment offers EV charging and automotive cable solutions. The Communication segment supplies cables for smartphones, wearables, and VR/AR devices.
87GF Score

Get the complete analysis for TPE:3023

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

NT$306.50
Price
NT$274.80
GF Value