Novatech Co (XKRX:285490) ROCE %: 7.22% (As of Jun. 2026)

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XKRX:285490 Novatech Co Ltd XKRX:285490
78 GF Score
Price ₩11,740.00
GF Value ₩12,492.58
Valuation Fairly Valued
! 7 Warning Signs
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What is Novatech Co ROCE %?

Novatech Co XKRX:285490 +2.80% 78 ROCE % is 7.22% as of Jun. 2026. GuruFocus rates XKRX:285490 with a GF Score™ of 78/100 and a GF Value™ of ₩12,492.58 (Fairly Valued). The stock has 7 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. Novatech Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 7.22%.

Novatech Co  (XKRX:285490) 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.

Novatech Co ROCE % Related Terms

Novatech Co ROCE % Historical Data

* Premium members only.

The historical data trend for Novatech 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.

Novatech Co ROCE % Chart

Novatech Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 32.16 16.09 22.26 12.47 11.20

Novatech Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.36 13.60 3.76 -0.06 7.22
XKRX:285490
78GF Score
Novatech Co Ltd XKRX:285490
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Novatech Co ROCE % Calculation

Novatech 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 )
=19197.036/( ( (183390.239 - 7112.832) + (173989.291 - 7391.97) )/ 2 )
=19197.036/( (176277.407+166597.321)/ 2 )
=19197.036/171437.364
=11.20 %

Novatech Co's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=12024.98/( ( (184655.477 - 30732.092) + (191788.392 - 12547.917) )/ 2 )
=12024.98/( ( 153923.385 + 179240.475 )/ 2 )
=12024.98/166581.93
=7.22 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) 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 7.22% mean?
Novatech Co (XKRX:285490) has a ROCE % of 7.22% as of Jun. 2026.
Is Novatech Co's ROCE % too high?
Novatech Co's current ROCE % is 7.22%. The Hardware industry median ROCE % is 6.53. Novatech Co's value of 7.22% is 10.6% above this industry median. Overall, Novatech Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novatech Co's ROCE % compare to APH and GLW?
Novatech Co's ROCE % of 7.22% can be compared against companies in the Hardware industry. The industry median ROCE % is 6.53. Novatech Co's value of 7.22% is 10.6% above 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 Hardware company?
The median ROCE % among Hardware companies is 6.53, based on 2,450 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. Novatech Co's current ROCE % of 7.22% is 10.6% above 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 Hardware industry, the median ROCE % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novatech Co's current ROCE % is 7.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatech Co stock overvalued right now?
Based on GuruFocus' analysis, Novatech Co (XKRX:285490) is currently considered Fairly Valued. The stock's GF Value™ is ₩12,492.58, compared to a current price of ₩11,740.00 — trading 6% below its estimated fair value. The current ROCE % is 7.22% and 10.6% above the Hardware industry median of 6.53. Novatech Co's overall GF Score™ is 78/100 with 7 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 Novatech Co (XKRX:285490), the current ROCE % is 7.22% as of Jun. 2026. 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 Novatech Co (XKRX:285490) Overvalued in 2026?

Based on GuruFocus' analysis, Novatech Co stock appears to be undervalued. The current stock price of ₩11,740.00 is trading 6% below its estimated GF Value™ of ₩12,492.58. GuruFocus considers Novatech Co to be Fairly Valued.

Key valuation signals for XKRX:285490:

  • ROCE %: 7.22%
  • GF Value™: ₩12,492.58 vs. price of ₩11,740.00 (6% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 10.6% above the Hardware median

No single metric tells the full story. See the XKRX:285490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Novatech Co Business Description

Address Simindaero 230, A-401, Pyeongchon Acro tower, Geonggi-do, Anyang-si, Dongan-gu, KOR
Novatech Co Ltd is a Korea based glass processing company. It is mainly engaged in the production of components including OELD (organic light-emitting diode) encapsulation glass, flat display panels, and super slim glass. The company operates in three business divisions including EG (OLED Encapsulation Glass) division, new business development, and lightining business division.
78GF Score

Get the complete analysis for XKRX:285490

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

₩11,740.00
Price
₩12,492.58
GF Value