China Television Co (TPE:9928) ROCE %: 1.56% (As of Dec. 2025)


TPE:9928 China Television Co TPE:9928
64 GF Score
Price NT$18.70
GF Value NT$15.65
Valuation Modestly Overvalued
! 6 Warning Signs
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What is China Television Co ROCE %?

China Television Co TPE:9928 64 ROCE % is 1.56% as of Dec. 2025. GuruFocus rates TPE:9928 with a GF Score™ of 64/100 and a GF Value™ of NT$15.65 (Modestly Overvalued). 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. China Television Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 1.56%.

China Television Co  (TPE:9928) 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.

China Television Co ROCE % Related Terms

China Television Co ROCE % Historical Data

* Premium members only.

The historical data trend for China Television 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.

China Television Co ROCE % Chart

China Television 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 0.06 3.09 3.92 0.42 -1.16

China Television 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 -1.57 -2.78 -1.64 -2.04 1.56
TPE:9928
64GF Score
China Television Co TPE:9928
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Television Co ROCE % Calculation

China Television 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 )
=-37.83/( ( (5375.716 - 2471.83) + (5374.525 - 1779.636) )/ 2 )
=-37.83/( (2903.886+3594.889)/ 2 )
=-37.83/3249.3875
=-1.16 %

China Television 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 )
=55.928/( ( (5257.197 - 1680.818) + (5374.525 - 1779.636) )/ 2 )
=55.928/( ( 3576.379 + 3594.889 )/ 2 )
=55.928/3585.634
=1.56 %

(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 1.56% mean?
China Television Co (TPE:9928) has a ROCE % of 1.56% as of Dec. 2025.
Is China Television Co's ROCE % too high?
China Television Co's current ROCE % is 1.56%. The Media - Diversified industry median ROCE % is 3.08. China Television Co's value of 1.56% is 49.4% below this industry median. Overall, China Television Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Television Co's ROCE % compare to NXST?
China Television Co's ROCE % of 1.56% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.08. China Television Co's value of 1.56% is 49.4% 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.08, based on 977 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. China Television Co's current ROCE % of 1.56% is 49.4% 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 Media - Diversified industry, the median ROCE % is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Television Co's current ROCE % is 1.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Television Co stock overvalued right now?
Based on GuruFocus' analysis, China Television Co (TPE:9928) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.65, compared to a current price of NT$18.70 — trading 19.5% above its estimated fair value. The current ROCE % is 1.56% and 49.4% below the Media - Diversified industry median of 3.08. China Television Co's overall GF Score™ is 64/100 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 China Television Co (TPE:9928), the current ROCE % is 1.56% 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 China Television Co (TPE:9928) Overvalued in 2026?

Based on GuruFocus' analysis, China Television Co stock appears to be overvalued. The current stock price of NT$18.70 is trading 19.5% above its estimated GF Value™ of NT$15.65. GuruFocus considers China Television Co to be Modestly Overvalued.

Key valuation signals for TPE:9928:

  • ROCE %: 1.56%
  • GF Value™: NT$15.65 vs. price of NT$18.70 (19.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 49.4% below the Media - Diversified median

No single metric tells the full story. See the TPE:9928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Television Co Business Description

Address No. 118, Chongyang Road, Nangang District, Taipei, TWN
China Television Co mainly engage in the production, broadcasting, and distribution of television programs, production and broadcasting of television advertisements, as well as retransmission and supply of international television programs. Its segments are Program Sales Segment, Advertising Segment, Other Segments. The company generates majority of revenue from Advertising Segment. It has presence in Taiwan, Asia, and Other countries. The company has presence in Taiwan.
64GF Score

Get the complete analysis for TPE:9928

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

NT$18.70
Price
NT$15.65
GF Value