Taiwan Steel Union Co (TPE:6581) ROCE %: 19.79% (As of Dec. 2025)


TPE:6581 Taiwan Steel Union Co Ltd TPE:6581
87 GF Score
Price NT$106.50
GF Value NT$96.94
Valuation Fairly Valued
! 5 Warning Signs
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What is Taiwan Steel Union Co ROCE %?

Taiwan Steel Union Co TPE:6581 -0.47% 87 ROCE % is 19.79% as of Dec. 2025. GuruFocus rates TPE:6581 with a GF Score™ of 87/100 and a GF Value™ of NT$96.94 (Fairly Valued). The stock has 5 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. Taiwan Steel Union Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 19.79%.

Taiwan Steel Union Co  (TPE:6581) 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.

Taiwan Steel Union Co ROCE % Related Terms

Taiwan Steel Union Co ROCE % Historical Data

* Premium members only.

The historical data trend for Taiwan Steel Union 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.

Taiwan Steel Union Co ROCE % Chart

Taiwan Steel Union 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 17.62 30.06 15.02 22.17 17.27

Taiwan Steel Union 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 26.48 15.23 22.63 15.35 19.79
TPE:6581
87GF Score
Taiwan Steel Union Co Ltd TPE:6581
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Steel Union Co ROCE % Calculation

Taiwan Steel Union 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 )
=860.879/( ( (5435.317 - 441.366) + (5421.58 - 445.311) )/ 2 )
=860.879/( (4993.951+4976.269)/ 2 )
=860.879/4985.11
=17.27 %

Taiwan Steel Union 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 )
=966.824/( ( (5112.8 - 319.057) + (5421.58 - 445.311) )/ 2 )
=966.824/( ( 4793.743 + 4976.269 )/ 2 )
=966.824/4885.006
=19.79 %

(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 19.79% mean?
Taiwan Steel Union Co (TPE:6581) has a ROCE % of 19.79% as of Dec. 2025.
Is Taiwan Steel Union Co's ROCE % too high?
Taiwan Steel Union Co's current ROCE % is 19.79%. The Waste Management industry median ROCE % is 5.83. Taiwan Steel Union Co's value of 19.79% is 239.5% above this industry median. Overall, Taiwan Steel Union Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Steel Union Co's ROCE % compare to WM and RSG?
Taiwan Steel Union Co's ROCE % of 19.79% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.83. Taiwan Steel Union Co's value of 19.79% is 239.5% 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 Waste Management company?
The median ROCE % among Waste Management companies is 5.83, based on 237 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. Taiwan Steel Union Co's current ROCE % of 19.79% is 239.5% 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 Waste Management industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Steel Union Co's current ROCE % is 19.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Steel Union Co (TPE:6581) is currently considered Fairly Valued. The stock's GF Value™ is NT$96.94, compared to a current price of NT$106.50 — trading 9.9% above its estimated fair value. The current ROCE % is 19.79% and 239.5% above the Waste Management industry median of 5.83. Taiwan Steel Union Co's overall GF Score™ is 87/100 with 5 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 Taiwan Steel Union Co (TPE:6581), the current ROCE % is 19.79% 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 Taiwan Steel Union Co (TPE:6581) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Steel Union Co stock appears to be overvalued. The current stock price of NT$106.50 is trading 9.9% above its estimated GF Value™ of NT$96.94. GuruFocus considers Taiwan Steel Union Co to be Fairly Valued.

Key valuation signals for TPE:6581:

  • ROCE %: 19.79%
  • GF Value™: NT$96.94 vs. price of NT$106.50 (9.9% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 239.5% above the Waste Management median

No single metric tells the full story. See the TPE:6581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Taiwan Steel Union Co Business Description

Address No. 36, Siangong North 1st Road, Changbin Industrial Zone, Shengang Township, Changhua, TWN, 50953
Taiwan Steel Union Co Ltd is a Taiwan-based waste management company. The company's main business is to dispose and reuse general industrial waste and hazardous industrial waste, as well as manufacture and trade non-ferrous metal (zinc oxide) and non-metallic mineral products.
87GF Score

Get the complete analysis for TPE:6581

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

NT$106.50
Price
NT$96.94
GF Value