Kaori Heat Treatment Co (TPE:8996) ROCE %: 35.95% (As of Dec. 2025)


TPE:8996 Kaori Heat Treatment Co Ltd TPE:8996
81 GF Score
Price NT$1,230.00
GF Value NT$559.57
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Kaori Heat Treatment Co ROCE %?

Kaori Heat Treatment Co TPE:8996 81 ROCE % is 35.95% as of Dec. 2025. GuruFocus rates TPE:8996 with a GF Score™ of 81/100 and a GF Value™ of NT$559.57 (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. Kaori Heat Treatment Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 35.95%.

Kaori Heat Treatment Co  (TPE:8996) 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.

Kaori Heat Treatment Co ROCE % Related Terms

Kaori Heat Treatment Co ROCE % Historical Data

* Premium members only.

The historical data trend for Kaori Heat Treatment 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.

Kaori Heat Treatment Co ROCE % Chart

Kaori Heat Treatment 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 8.63 16.21 23.43 19.17 24.67

Kaori Heat Treatment 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 11.77 16.63 19.22 30.22 35.95
TPE:8996
81GF Score
Kaori Heat Treatment Co Ltd TPE:8996
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaori Heat Treatment Co ROCE % Calculation

Kaori Heat Treatment 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 )
=1082.668/( ( (6102.58 - 1877.128) + (8127.058 - 3574.698) )/ 2 )
=1082.668/( (4225.452+4552.36)/ 2 )
=1082.668/4388.906
=24.67 %

Kaori Heat Treatment 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 )
=1613.848/( ( (7028.129 - 2603.436) + (8127.058 - 3574.698) )/ 2 )
=1613.848/( ( 4424.693 + 4552.36 )/ 2 )
=1613.848/4488.5265
=35.95 %

(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 35.95% mean?
Kaori Heat Treatment Co (TPE:8996) has a ROCE % of 35.95% as of Dec. 2025.
Is Kaori Heat Treatment Co's ROCE % too high?
Kaori Heat Treatment Co's current ROCE % is 35.95%. The Industrial Products industry median ROCE % is 7.04. Kaori Heat Treatment Co's value of 35.95% is 410.7% above this industry median. Overall, Kaori Heat Treatment 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 Kaori Heat Treatment Co's ROCE % compare to GEV and ETN?
Kaori Heat Treatment Co's ROCE % of 35.95% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.04. Kaori Heat Treatment Co's value of 35.95% is 410.7% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.04, based on 3,023 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. Kaori Heat Treatment Co's current ROCE % of 35.95% is 410.7% 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 Industrial Products industry, the median ROCE % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaori Heat Treatment Co's current ROCE % is 35.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaori Heat Treatment Co stock overvalued right now?
Based on GuruFocus' analysis, Kaori Heat Treatment Co (TPE:8996) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$559.57, compared to a current price of NT$1,230.00 — trading 119.8% above its estimated fair value. The current ROCE % is 35.95% and 410.7% above the Industrial Products industry median of 7.04. Kaori Heat Treatment Co's overall GF Score™ is 81/100 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 Kaori Heat Treatment Co (TPE:8996), the current ROCE % is 35.95% 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 Kaori Heat Treatment Co (TPE:8996) Overvalued in 2026?

Based on GuruFocus' analysis, Kaori Heat Treatment Co stock appears to be overvalued. The current stock price of NT$1,230.00 is trading 119.8% above its estimated GF Value™ of NT$559.57. GuruFocus considers Kaori Heat Treatment Co to be Significantly Overvalued.

Key valuation signals for TPE:8996:

  • ROCE %: 35.95%
  • GF Value™: NT$559.57 vs. price of NT$1,230.00 (119.8% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 410.7% above the Industrial Products median

No single metric tells the full story. See the TPE:8996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kaori Heat Treatment Co Business Description

Address No. 5-2, Jilin North Road, Zhongli District, Taoyuan City, TWN, 320030
Kaori Heat Treatment Co Ltd specializes in producing mechanical hardware, processing fabricated metals, and manufacturing and developing heat exchange products or thermal products. The Group's factories are established in Zhongli, Kaohsiung, etc. Its operating activities include heat treatment processing of various mechanical hardware and fabricated metals, plate heat exchangers, thermal products, and manufacturing activities. The Group operates in a single operating segment of plate heat exchangers, power generation, and thermal energy products. It operates in Asia, America, Europe, and others. The Group generates maximum revenue from America.
81GF Score

Get the complete analysis for TPE:8996

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

NT$1,230.00
Price
NT$559.57
GF Value