Tidehold Development Co (TPE:9902) ROCE %: -18.95% (As of Dec. 2025)

What is Tidehold Development Co ROCE %?

Tidehold Development Co TPE:9902 +4.01% 70 ROCE % is -18.95% as of Dec. 2025. GuruFocus rates TPE:9902 with a GF Score™ of 70/100 and a GF Value™ of NT$25.84 (Possible Value Trap). 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. Tidehold Development Co's annualized ROCE % for the quarter that ended in Dec. 2025 was -18.95%.

Tidehold Development Co (TPE:9902) 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.

Tidehold Development Co ROCE % Related Terms

Tidehold Development Co ROCE % Historical Data

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The historical data trend for Tidehold Development 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.

Tidehold Development Co ROCE % Chart

Tidehold Development Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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9.11

-3.48

2.51

4.56

-3.45

Tidehold Development 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															-2.71	-0.50	0.17	5.31	-18.95

70GF Score

Tidehold Development Co Ltd TPE:9902

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

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Tidehold Development Co ROCE % Calculation

Tidehold Development 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 )
	=	-44.027	/	( ( (1397.152 - 83.056)	+	(1290.106 - 52.762) )	/ 2 )
	=	-44.027	/	( (1314.096	+	1237.344)	/ 2 )
	=	-44.027	/	1275.72
	=	-3.45 %

Tidehold Development 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 )
	=	-240.148	/	( ( (1357.828 - 60.25)	+	(1290.106 - 52.762) )	/ 2 )
	=	-240.148	/	( ( 1297.578	+	1237.344 )	/ 2 )
	=	-240.148	/	1267.461
	=	-18.95 %

(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 -18.95% mean?

Tidehold Development Co (TPE:9902) has a ROCE % of -18.95% as of Dec. 2025.

Is Tidehold Development Co's ROCE % too high?

Tidehold Development Co's current ROCE % is -18.95%. Overall, Tidehold Development Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Tidehold Development Co's ROCE % compare to CBRE and BEKE?

Tidehold Development Co's ROCE % of -18.95% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.64. 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 Real Estate company?

The median ROCE % among Real Estate companies is 4.64, based on 1,756 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. 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 Real Estate industry, the median ROCE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tidehold Development Co's current ROCE % is -18.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tidehold Development Co stock overvalued right now?

Based on GuruFocus' analysis, Tidehold Development Co (TPE:9902) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.84, compared to a current price of NT$14.25 — trading 44.9% below its estimated fair value. The current ROCE % is -18.95%. Tidehold Development Co's overall GF Score™ is 70/100 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 Tidehold Development Co (TPE:9902), the current ROCE % is -18.95% 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 Tidehold Development Co (TPE:9902) Overvalued in 2026?

Based on GuruFocus' analysis, Tidehold Development Co stock appears to be undervalued. The current stock price of NT$14.25 is trading 44.9% below its estimated GF Value™ of NT$25.84. GuruFocus considers Tidehold Development Co to be Possible Value Trap.

Key valuation signals for TPE:9902:

ROCE %: -18.95%
GF Value™: NT$25.84 vs. price of NT$14.25 (44.9% below fair value)
GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the TPE:9902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tidehold Development Co Business Description

Industry Real Estate Real Estate

Comparable Companies TPE:1456 ROCO:4416 ROCO:6264 ROCO:5529 ROCO:3512 TPE:2509 ROCO:5514 TPE:1316 TPE:5533 TPE:2701 STC:VIC CBRE ISX:DCII XMAD:CLNX XTER:VNA TSE:8830 XTAE:AZRG BEKE HKSE:01972 JLL

Address No. 75, Yanping South Road, 2nd - 3rd Floor, Taipei, TWN

Website https://www.tidehold.com

Tidehold Development Co Ltd has focused on the development of construction businesses, international trade, and leasing operations, with the objective of achieving business diversification and risk diversification as part of its long-term Plan. Its products are Imported vehicle sales; Environmental sanitation and cleaning vehicles sales; Construction material sales; Rent revenue; and Others. The company has presence in Taiwan.

70GF Score

Get the complete analysis for TPE:9902

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

NT$14.25

Price

NT$25.84

GF Value

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