Great Taipei Gas (TPE:9908) ROCE %: 2.40% (As of Dec. 2025)


TPE:9908 Great Taipei Gas Corp TPE:9908
87 GF Score
Price NT$29.80
GF Value NT$31.57
Valuation Fairly Valued
! 4 Warning Signs
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What is Great Taipei Gas ROCE %?

Great Taipei Gas TPE:9908 +0.51% 87 ROCE % is 2.40% as of Dec. 2025. GuruFocus rates TPE:9908 with a GF Score™ of 87/100 and a GF Value™ of NT$31.57 (Fairly Valued). The stock has 4 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. Great Taipei Gas's annualized ROCE % for the quarter that ended in Dec. 2025 was 2.40%.

Great Taipei Gas  (TPE:9908) 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.

Great Taipei Gas ROCE % Related Terms

Great Taipei Gas ROCE % Historical Data

* Premium members only.

The historical data trend for Great Taipei Gas'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.

Great Taipei Gas ROCE % Chart

Great Taipei Gas 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 6.58 5.76 7.84 5.83 5.66

Great Taipei Gas 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 2.09 3.73 6.04 10.86 2.40
TPE:9908
87GF Score
Great Taipei Gas Corp TPE:9908
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Great Taipei Gas ROCE % Calculation

Great Taipei Gas'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 )
=1056.795/( ( (20575.209 - 2186.76) + (21367.062 - 2384.298) )/ 2 )
=1056.795/( (18388.449+18982.764)/ 2 )
=1056.795/18685.6065
=5.66 %

Great Taipei Gas'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 )
=449.264/( ( (20761.284 - 2314.732) + (21367.062 - 2384.298) )/ 2 )
=449.264/( ( 18446.552 + 18982.764 )/ 2 )
=449.264/18714.658
=2.40 %

(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 2.40% mean?
Great Taipei Gas (TPE:9908) has a ROCE % of 2.40% as of Dec. 2025.
Is Great Taipei Gas' ROCE % too high?
Great Taipei Gas' current ROCE % is 2.40%. The Utilities - Regulated industry median ROCE % is 6.96. Great Taipei Gas' value of 2.40% is 65.5% below this industry median. Overall, Great Taipei Gas has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' ROCE % compare to ATO and NI?
Great Taipei Gas' ROCE % of 2.40% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. Great Taipei Gas' value of 2.40% is 65.5% below 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 Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 507 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. Great Taipei Gas's current ROCE % of 2.40% is 65.5% below 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 Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Taipei Gas's current ROCE % is 2.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.57, compared to a current price of NT$29.80 — trading 5.6% below its estimated fair value. The current ROCE % is 2.40% and 65.5% below the Utilities - Regulated industry median of 6.96. Great Taipei Gas' overall GF Score™ is 87/100 with 4 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 Great Taipei Gas (TPE:9908), the current ROCE % is 2.40% 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?

Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued. The current stock price of NT$29.80 is trading 5.6% below its estimated GF Value™ of NT$31.57. GuruFocus considers Great Taipei Gas to be Fairly Valued.

Key valuation signals for TPE:9908:

  • ROCE %: 2.40%
  • GF Value™: NT$31.57 vs. price of NT$29.80 (5.6% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 65.5% below the Utilities - Regulated median

No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Great Taipei Gas Business Description

Address No. 35, Lane 11, Guangfu North Raod, 5th Floor, Songshan District, Taipei, TWN, 105
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
87GF Score

Get the complete analysis for TPE:9908

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

NT$29.80
Price
NT$31.57
GF Value