Apex International Co (TPE:4927) ROCE %: -37.55% (As of Dec. 2025)


TPE:4927 Apex International Co Ltd TPE:4927
65 GF Score
Price NT$45.65
GF Value NT$29.80
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Apex International Co ROCE %?

Apex International Co TPE:4927 -6.26% 65 ROCE % is -37.55% as of Dec. 2025. GuruFocus rates TPE:4927 with a GF Score™ of 65/100 and a GF Value™ of NT$29.80 (Significantly 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. Apex International Co's annualized ROCE % for the quarter that ended in Dec. 2025 was -37.55%.

Apex International Co  (TPE:4927) 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.

Apex International Co ROCE % Related Terms

Apex International Co ROCE % Historical Data

* Premium members only.

The historical data trend for Apex International 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.

Apex International Co ROCE % Chart

Apex International 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 14.16 9.33 -4.47 -15.63 -20.52

Apex International 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 -22.89 -8.32 -7.38 -16.37 -37.55
TPE:4927
65GF Score
Apex International Co Ltd TPE:4927
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex International Co ROCE % Calculation

Apex International 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 )
=-1668.713/( ( (19442.916 - 11191.793) + (19539.95 - 11525.912) )/ 2 )
=-1668.713/( (8251.123+8014.038)/ 2 )
=-1668.713/8132.5805
=-20.52 %

Apex International 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 )
=-3409.96/( ( (18853.896 - 8706.302) + (19539.95 - 11525.912) )/ 2 )
=-3409.96/( ( 10147.594 + 8014.038 )/ 2 )
=-3409.96/9080.816
=-37.55 %

(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 -37.55% mean?
Apex International Co (TPE:4927) has a ROCE % of -37.55% as of Dec. 2025.
Is Apex International Co's ROCE % too high?
Apex International Co's current ROCE % is -37.55%. Overall, Apex International Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex International Co's ROCE % compare to APH and GLW?
Apex International Co's ROCE % of -37.55% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. 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. 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. Apex International Co's current ROCE % is -37.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex International Co stock overvalued right now?
Based on GuruFocus' analysis, Apex International Co (TPE:4927) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.80, compared to a current price of NT$45.65 — trading 53.2% above its estimated fair value. The current ROCE % is -37.55%. Apex International Co's overall GF Score™ is 65/100 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 Apex International Co (TPE:4927), the current ROCE % is -37.55% 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 Apex International Co (TPE:4927) Overvalued in 2026?

Based on GuruFocus' analysis, Apex International Co stock appears to be overvalued. The current stock price of NT$45.65 is trading 53.2% above its estimated GF Value™ of NT$29.80. GuruFocus considers Apex International Co to be Significantly Overvalued.

Key valuation signals for TPE:4927:

  • ROCE %: -37.55%
  • GF Value™: NT$29.80 vs. price of NT$45.65 (53.2% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the TPE:4927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Apex International Co Business Description

Address 802, Oleander Way, West Bay Road, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208
Apex International Co Ltd manufactures and sells double-sided and multi-layer printed circuit boards. It PCBs are applied in electronic products, such as digital versatile disks, LCD TVs, air conditioners, digital cameras, projectors, TV tuners, DVD players, recordable machines, printers, hard drives and motherboards, mobile phones, set-top boxes, and satellite TV receivers, as well as automotive audio components. Its product categories comprise home appliances, communication equipment, computer equipment, and auto parts. The Group has a single reportable segment: Thailand, which manufactures and sells PCBs. Geographically, it operates in Thailand, Korea, Hong Kong, Singapore, Vietnam, and Others.
65GF Score

Get the complete analysis for TPE:4927

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

NT$45.65
Price
NT$29.80
GF Value