Taiwan Cogeneration (TPE:8926) ROCE %: 8.35% (As of Dec. 2025)


TPE:8926 Taiwan Cogeneration Corp TPE:8926
75 GF Score
Price NT$76.20
GF Value NT$43.28
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Taiwan Cogeneration ROCE %?

Taiwan Cogeneration TPE:8926 -2.43% 75 ROCE % is 8.35% as of Dec. 2025. GuruFocus rates TPE:8926 with a GF Score™ of 75/100 and a GF Value™ of NT$43.28 (Significantly Overvalued). The stock has 12 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 Cogeneration's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.35%.

Taiwan Cogeneration  (TPE:8926) 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 Cogeneration ROCE % Related Terms

Taiwan Cogeneration ROCE % Historical Data

* Premium members only.

The historical data trend for Taiwan Cogeneration'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 Cogeneration ROCE % Chart

Taiwan Cogeneration 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 5.89 5.86 7.31 7.68 9.28

Taiwan Cogeneration 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 9.46 8.54 20.77 3.46 8.35
TPE:8926
75GF Score
Taiwan Cogeneration Corp TPE:8926
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Cogeneration ROCE % Calculation

Taiwan Cogeneration'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 )
=2026.68/( ( (27283.502 - 8564.68) + (30794.681 - 5847.312) )/ 2 )
=2026.68/( (18718.822+24947.369)/ 2 )
=2026.68/21833.0955
=9.28 %

Taiwan Cogeneration'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 )
=1957.388/( ( (30537.071 - 8576.474) + (30794.681 - 5847.312) )/ 2 )
=1957.388/( ( 21960.597 + 24947.369 )/ 2 )
=1957.388/23453.983
=8.35 %

(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 8.35% mean?
Taiwan Cogeneration (TPE:8926) has a ROCE % of 8.35% as of Dec. 2025.
Is Taiwan Cogeneration's ROCE % too high?
Taiwan Cogeneration's current ROCE % is 8.35%. The Construction industry median ROCE % is 8.22. Taiwan Cogeneration's value of 8.35% is 1.6% above this industry median. Overall, Taiwan Cogeneration has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's ROCE % compare to PWR and FIX?
Taiwan Cogeneration's ROCE % of 8.35% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Taiwan Cogeneration's value of 8.35% is 1.6% 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 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 Cogeneration's current ROCE % of 8.35% is 1.6% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cogeneration's current ROCE % is 8.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.28, compared to a current price of NT$76.20 — trading 76.1% above its estimated fair value. The current ROCE % is 8.35% and 1.6% above the Construction industry median of 8.22. Taiwan Cogeneration's overall GF Score™ is 75/100 with 12 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 Cogeneration (TPE:8926), the current ROCE % is 8.35% 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 Cogeneration (TPE:8926) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued. The current stock price of NT$76.20 is trading 76.1% above its estimated GF Value™ of NT$43.28. GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.

Key valuation signals for TPE:8926:

  • ROCE %: 8.35%
  • GF Value™: NT$43.28 vs. price of NT$76.20 (76.1% above fair value)
  • GF Score™: 75/100 with 12 warning signs
  • Industry Position: 1.6% above the Construction median

No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Taiwan Cogeneration Business Description

Address No. 392, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
75GF Score

Get the complete analysis for TPE:8926

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

NT$76.20
Price
NT$43.28
GF Value