Cleanaway Co (TPE:8422) ROCE %: 8.34% (As of Dec. 2025)

What is Cleanaway Co ROCE %?

Cleanaway Co TPE:8422 81 ROCE % is 8.34% as of Dec. 2025. GuruFocus rates TPE:8422 with a GF Score™ of 81/100 and a GF Value™ of NT$16.54 (Significantly Overvalued). The stock has 8 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. Cleanaway Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.34%.

Cleanaway Co (TPE:8422) 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.

Cleanaway Co ROCE % Related Terms

Cleanaway Co ROCE % Historical Data

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The historical data trend for Cleanaway 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.

Cleanaway Co ROCE % Chart

Cleanaway Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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22.28

19.53

11.46

12.39

11.97

Cleanaway 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															14.62	17.78	15.72	9.18	8.34

81GF Score

Cleanaway Co Ltd TPE:8422

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Cleanaway Co ROCE % Calculation

Cleanaway 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 )
	=	2022.251	/	( ( (20041.133 - 6128.302)	+	(22291.186 - 2401.964) )	/ 2 )
	=	2022.251	/	( (13912.831	+	19889.222)	/ 2 )
	=	2022.251	/	16901.0265
	=	11.97 %

Cleanaway 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 )
	=	1563.852	/	( ( (21583.001 - 3981.085)	+	(22291.186 - 2401.964) )	/ 2 )
	=	1563.852	/	( ( 17601.916	+	19889.222 )	/ 2 )
	=	1563.852	/	18745.569
	=	8.34 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 8.34% mean?

Cleanaway Co (TPE:8422) has a ROCE % of 8.34% as of Dec. 2025.

Is Cleanaway Co's ROCE % too high?

Cleanaway Co's current ROCE % is 8.34%. The Waste Management industry median ROCE % is 5.89. Cleanaway Co's value of 8.34% is 41.7% above this industry median. Overall, Cleanaway Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Cleanaway Co's ROCE % compare to WM and RSG?

Cleanaway Co's ROCE % of 8.34% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.89. Cleanaway Co's value of 8.34% is 41.7% 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 5.89, based on 238 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. Cleanaway Co's current ROCE % of 8.34% is 41.7% 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 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Co's current ROCE % is 8.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cleanaway Co stock overvalued right now?

Based on GuruFocus' analysis, Cleanaway Co (TPE:8422) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.54, compared to a current price of NT$28.25 — trading 70.8% above its estimated fair value. The current ROCE % is 8.34% and 41.7% above the Waste Management industry median of 5.89. Cleanaway Co's overall GF Score™ is 81/100 with 8 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 Cleanaway Co (TPE:8422), the current ROCE % is 8.34% 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 Cleanaway Co (TPE:8422) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Co stock appears to be overvalued. The current stock price of NT$28.25 is trading 70.8% above its estimated GF Value™ of NT$16.54. GuruFocus considers Cleanaway Co to be Significantly Overvalued.

Key valuation signals for TPE:8422:

ROCE %: 8.34%
GF Value™: NT$16.54 vs. price of NT$28.25 (70.8% above fair value)
GF Score™: 81/100 with 8 warning signs
Industry Position: 41.7% above the Waste Management median

No single metric tells the full story. See the TPE:8422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cleanaway Co Business Description

Industry Industrials Waste Management

Comparable Companies ROCO:6803 TPE:6581 ROCO:8390 TPE:8341 TPE:8473 ROCO:6947 TPE:6923 ROCO:7820 TPE:6951 TPE:6887 WM RSG WCN XPAR:VIE CLH GFL XBRU:UMI XMAD:FCC SZSE:002340 CWST

Address No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820

Website https://www.cleanaway.tw

Cleanaway Co Ltd is a Taiwan-based environmental protection and waste management company engaged in the treatment, recycling, transportation, and disposal of industrial and hazardous waste. The company operates through eight reportable segments: Solidification and Excavation, Landfill, Clean-up and Transport, China Operations, Investment, Paper Manufacturing, Power Sales, and Ready-Mixed Concrete. Its services include intermediate treatment of hazardous industrial waste, landfill operations, contaminated site remediation, waste removal and transportation, and environmental protection services. The company also manufactures paper products, sells renewable energy generated from solar power, and produces ready-mixed concrete.

81GF Score

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

NT$28.25

Price

NT$16.54

GF Value

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