InnoCare Optoelectronics (TPE:6861) ROCE %: 17.73% (As of Dec. 2025)


TPE:6861 InnoCare Optoelectronics Corp TPE:6861
66 GF Score
Price NT$303.00
GF Value NT$85.66
Valuation Significantly Overvalued
! 2 Warning Signs
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What is InnoCare Optoelectronics ROCE %?

InnoCare Optoelectronics TPE:6861 -9.15% 66 ROCE % is 17.73% as of Dec. 2025. GuruFocus rates TPE:6861 with a GF Score™ of 66/100 and a GF Value™ of NT$85.66 (Significantly Overvalued). The stock has 2 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. InnoCare Optoelectronics's annualized ROCE % for the quarter that ended in Dec. 2025 was 17.73%.

InnoCare Optoelectronics  (TPE:6861) 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.

InnoCare Optoelectronics ROCE % Related Terms

InnoCare Optoelectronics ROCE % Historical Data

* Premium members only.

The historical data trend for InnoCare Optoelectronics'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.

InnoCare Optoelectronics ROCE % Chart

InnoCare Optoelectronics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 39.21 30.39 11.40 13.70 12.18

InnoCare Optoelectronics 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 13.95 13.92 7.00 10.49 17.73
TPE:6861
66GF Score
InnoCare Optoelectronics Corp TPE:6861
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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InnoCare Optoelectronics ROCE % Calculation

InnoCare Optoelectronics'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 )
=192.691/( ( (2372.222 - 811.766) + (2578.63 - 974.007) )/ 2 )
=192.691/( (1560.456+1604.623)/ 2 )
=192.691/1582.5395
=12.18 %

InnoCare Optoelectronics'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 )
=279.644/( ( (2449.354 - 900.288) + (2578.63 - 974.007) )/ 2 )
=279.644/( ( 1549.066 + 1604.623 )/ 2 )
=279.644/1576.8445
=17.73 %

(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 17.73% mean?
InnoCare Optoelectronics (TPE:6861) has a ROCE % of 17.73% as of Dec. 2025.
Is InnoCare Optoelectronics' ROCE % too high?
InnoCare Optoelectronics' current ROCE % is 17.73%. The Medical Devices & Instruments industry median ROCE % is 2.23. InnoCare Optoelectronics' value of 17.73% is 695.1% above this industry median. Overall, InnoCare Optoelectronics has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InnoCare Optoelectronics' ROCE % compare to ABT and SYK?
InnoCare Optoelectronics' ROCE % of 17.73% can be compared against companies in the Medical Devices & Instruments industry. The industry median ROCE % is 2.23. InnoCare Optoelectronics' value of 17.73% is 695.1% 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 Medical Devices & Instruments company?
The median ROCE % among Medical Devices & Instruments companies is 2.23, based on 814 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. InnoCare Optoelectronics's current ROCE % of 17.73% is 695.1% 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 Medical Devices & Instruments industry, the median ROCE % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InnoCare Optoelectronics's current ROCE % is 17.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InnoCare Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, InnoCare Optoelectronics (TPE:6861) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$85.66, compared to a current price of NT$303.00 — trading 253.7% above its estimated fair value. The current ROCE % is 17.73% and 695.1% above the Medical Devices & Instruments industry median of 2.23. InnoCare Optoelectronics' overall GF Score™ is 66/100 with 2 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 InnoCare Optoelectronics (TPE:6861), the current ROCE % is 17.73% 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 InnoCare Optoelectronics (TPE:6861) Overvalued in 2026?

Based on GuruFocus' analysis, InnoCare Optoelectronics stock appears to be overvalued. The current stock price of NT$303.00 is trading 253.7% above its estimated GF Value™ of NT$85.66. GuruFocus considers InnoCare Optoelectronics to be Significantly Overvalued.

Key valuation signals for TPE:6861:

  • ROCE %: 17.73%
  • GF Value™: NT$85.66 vs. price of NT$303.00 (253.7% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 695.1% above the Medical Devices & Instruments median

No single metric tells the full story. See the TPE:6861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

InnoCare Optoelectronics Business Description

Address Huanxi Road, Room B, No. 2, Section 2, Southern Science Park, Xincheng District, Tainan, TWN, 17571
InnoCare Optoelectronics Corp is mainly engaged in the manufacturing and sale of optical instruments and medical equipment. Its products include X-Ray flat panel detector devices, X-Ray flat panel detector modules, and others.
66GF Score

Get the complete analysis for TPE:6861

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

NT$303.00
Price
NT$85.66
GF Value