Giant Manufacturing Co (TPE:9921) ROCE %: 0.93% (As of Dec. 2025)


TPE:9921 Giant Manufacturing Co Ltd TPE:9921
68 GF Score
Price NT$76.50
GF Value NT$131.24
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Giant Manufacturing Co ROCE %?

Giant Manufacturing Co TPE:9921 +2.68% 68 ROCE % is 0.93% as of Dec. 2025. GuruFocus rates TPE:9921 with a GF Score™ of 68/100 and a GF Value™ of NT$131.24 (Significantly Undervalued). The stock has 6 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. Giant Manufacturing Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 0.93%.


Giant Manufacturing Co  (TPE:9921) 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.


Giant Manufacturing Co ROCE % Related Terms


Giant Manufacturing Co ROCE % Historical Data

* Premium members only.

The historical data trend for Giant Manufacturing 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.

Giant Manufacturing Co ROCE % Chart

Giant Manufacturing 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 25.12 22.07 12.58 7.50 4.59

Giant Manufacturing 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 -6.20 6.44 4.96 6.22 0.93
TPE:9921
68GF Score
Giant Manufacturing Co Ltd TPE:9921
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Giant Manufacturing Co ROCE % Calculation

Giant Manufacturing 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 )
=2043.54/( ( (79034.166 - 35043.393) + (69748.087 - 24675.162) )/ 2 )
=2043.54/( (43990.773+45072.925)/ 2 )
=2043.54/44531.849
=4.59 %

Giant Manufacturing 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 )
=408.024/( ( (69864.711 - 26934.054) + (69748.087 - 24675.162) )/ 2 )
=408.024/( ( 42930.657 + 45072.925 )/ 2 )
=408.024/44001.791
=0.93 %

(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 0.93% mean?
Giant Manufacturing Co (TPE:9921) has a ROCE % of 0.93% as of Dec. 2025.
Is Giant Manufacturing Co's ROCE % too high?
Giant Manufacturing Co's current ROCE % is 0.93%. The Travel & Leisure industry median ROCE % is 6.15. Giant Manufacturing Co's value of 0.93% is 84.9% below this industry median. Overall, Giant Manufacturing Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Giant Manufacturing Co's ROCE % compare to AS and HAS?
Giant Manufacturing Co's ROCE % of 0.93% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.15. Giant Manufacturing Co's value of 0.93% is 84.9% 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 a Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.15, based on 838 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. Giant Manufacturing Co's current ROCE % of 0.93% is 84.9% 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 Travel & Leisure industry, the median ROCE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giant Manufacturing Co's current ROCE % is 0.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giant Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Giant Manufacturing Co (TPE:9921) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$131.24, compared to a current price of NT$76.50 — trading 41.7% below its estimated fair value. The current ROCE % is 0.93% and 84.9% below the Travel & Leisure industry median of 6.15. Giant Manufacturing Co's overall GF Score™ is 68/100 with 6 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 Giant Manufacturing Co (TPE:9921), the current ROCE % is 0.93% 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 Giant Manufacturing Co (TPE:9921) Overvalued in 2026?

Based on GuruFocus' analysis, Giant Manufacturing Co stock appears to be undervalued. The current stock price of NT$76.50 is trading 41.7% below its estimated GF Value™ of NT$131.24. GuruFocus considers Giant Manufacturing Co to be Significantly Undervalued.

Key valuation signals for TPE:9921:

  • ROCE %: 0.93%
  • GF Value™: NT$131.24 vs. price of NT$76.50 (41.7% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 84.9% below the Travel & Leisure median

No single metric tells the full story. See the TPE:9921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giant Manufacturing Co Business Description

Address Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, TWN, 40763
Giant Manufacturing Co Ltd manufactures and sells bicycles, electric bicycles and related parts. Its segments includes Bicycle, Materials, and Others. The company generates majority of its revenue from Bicycle segment.
68GF Score

Get the complete analysis for TPE:9921

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

NT$76.50
Price
NT$131.24
GF Value