Choice Development (TPE:9929) ROCE %: 5.45% (As of Dec. 2025)


TPE:9929 Choice Development Inc TPE:9929
74 GF Score
Price NT$11.20
GF Value NT$14.50
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Choice Development ROCE %?

Choice Development TPE:9929 +0.90% 74 ROCE % is 5.45% as of Dec. 2025. GuruFocus rates TPE:9929 with a GF Score™ of 74/100 and a GF Value™ of NT$14.50 (Modestly 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. Choice Development's annualized ROCE % for the quarter that ended in Dec. 2025 was 5.45%.

Choice Development  (TPE:9929) 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.

Choice Development ROCE % Related Terms

Choice Development ROCE % Historical Data

* Premium members only.

The historical data trend for Choice Development'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.

Choice Development ROCE % Chart

Choice Development 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 1.24 -7.74 -8.47 0.48 1.05

Choice Development 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 2.51 -1.78 0.02 0.82 5.45
TPE:9929
74GF Score
Choice Development Inc TPE:9929
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Choice Development ROCE % Calculation

Choice Development'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 )
=16.099/( ( (1999.699 - 398.122) + (1832.213 - 359.627) )/ 2 )
=16.099/( (1601.577+1472.586)/ 2 )
=16.099/1537.0815
=1.05 %

Choice Development'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 )
=79.796/( ( (1791.266 - 334.409) + (1832.213 - 359.627) )/ 2 )
=79.796/( ( 1456.857 + 1472.586 )/ 2 )
=79.796/1464.7215
=5.45 %

(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 5.45% mean?
Choice Development (TPE:9929) has a ROCE % of 5.45% as of Dec. 2025.
Is Choice Development's ROCE % too high?
Choice Development's current ROCE % is 5.45%. The Business Services industry median ROCE % is 8.94. Choice Development's value of 5.45% is 39% below this industry median. Overall, Choice Development has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choice Development's ROCE % compare to CTAS and CPRT?
Choice Development's ROCE % of 5.45% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.94. Choice Development's value of 5.45% is 39% 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 Business Services company?
The median ROCE % among Business Services companies is 8.94, based on 1,068 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. Choice Development's current ROCE % of 5.45% is 39% 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 Business Services industry, the median ROCE % is 8.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choice Development's current ROCE % is 5.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice Development stock overvalued right now?
Based on GuruFocus' analysis, Choice Development (TPE:9929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.50, compared to a current price of NT$11.20 — trading 22.8% below its estimated fair value. The current ROCE % is 5.45% and 39% below the Business Services industry median of 8.94. Choice Development's overall GF Score™ is 74/100 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 Choice Development (TPE:9929), the current ROCE % is 5.45% 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 Choice Development (TPE:9929) Overvalued in 2026?

Based on GuruFocus' analysis, Choice Development stock appears to be undervalued. The current stock price of NT$11.20 is trading 22.8% below its estimated GF Value™ of NT$14.50. GuruFocus considers Choice Development to be Modestly Undervalued.

Key valuation signals for TPE:9929:

  • ROCE %: 5.45%
  • GF Value™: NT$14.50 vs. price of NT$11.20 (22.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 39% below the Business Services median

No single metric tells the full story. See the TPE:9929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Choice Development Business Description

Address Civic Boulevard, 9th Floor, No. 288, Section 6, Yongji Village, Xinyi District, Taipei, TWN, 10565
Choice Development Inc is engaged in printing, packaging material production, photography, plate making, binding, planning and design, and medical equipment retailing. The company's operating segments are the Printing, Advertising, Innovation, and Development. The majority of its revenue is generated from the Printing department.
74GF Score

Get the complete analysis for TPE:9929

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

NT$11.20
Price
NT$14.50
GF Value