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Taiwan Special ChemicalsROCO:4772 63 ROE % is 21.80% as of Mar. 2026, which is 72% above its 10-year median of 12.71. GuruFocus rates ROCO:4772 with a GF Score™ of 63/100 and a GF Value™ of NT$679.24 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,583 Chemicals companies, Taiwan Special Chemicals ranks better than 94% on this metric.
The historical rank and industry rank for Taiwan Special Chemicals's ROE % or its related term are showing as below:
ROCO:4772'
s ROE % Range Over the Past 10 Years
Min: -10.17 Med: 12.71 Max: 21.32
Current: 21.32
During the past 7 years, Taiwan Special Chemicals's highest ROE % was 21.32%. The lowest was -10.17%. And the median was 12.71%.
ROCO:4772's ROE % is ranked better than 94% of 1583
companies
in the Chemicals industry
Industry Median: 5.24
vs ROCO:4772: 21.32
Taiwan Special Chemicals (ROCO:4772) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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.
For the Specialty Chemicals subindustry, Taiwan Special Chemicals's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Taiwan Special Chemicals ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiwan Special Chemicals's ROE % distribution charts can be found below:
* The bar in red indicates where Taiwan Special Chemicals's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Taiwan Special Chemicals (ROCO:4772) has a ROE % of 21.80% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Taiwan Special Chemicals and its competitors. This is 72% above median its historical median of 12.71. According to the industry distribution chart, Taiwan Special Chemicals ranks #95 out of 1583 companies in the Chemicals industry, placing it in the top 6%.
Is Taiwan Special Chemicals' ROE % too high?
Taiwan Special Chemicals' current ROE % of 21.80% is 72% above median its 10-year median of 12.71. The Chemicals industry median ROE % is 5.24. Taiwan Special Chemicals' value of 21.80% is 316% above this industry median. Based on the distribution chart, Taiwan Special Chemicals ranks #95 out of 1583 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Special Chemicals has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Special Chemicals' ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Special Chemicals ranks #95 out of 1583 companies for ROE %. This places Taiwan Special Chemicals in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 5.24. Taiwan Special Chemicals' value of 21.80% is 316% above this benchmark. While the company's 10-year median is 12.71 vs. the industry median of 5.24, Taiwan Special Chemicals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.24, based on 1,583 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiwan Special Chemicals's current ROE % of 21.80% is 316% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Taiwan Special Chemicals and its competitors. For the Chemicals industry, the median ROE % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Special Chemicals's current ROE % is 21.80%, which is 72% above median its own 10-year median of 12.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Special Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Special Chemicals (ROCO:4772) is currently considered Possible Value Trap. The stock's GF Value™ is NT$679.24, compared to a current price of NT$270.50 — trading 60.2% below its estimated fair value. The current ROE % is 21.80%, which is 72% above median its 10-year median of 12.71 and 316% above the Chemicals industry median of 5.24. Taiwan Special Chemicals' overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Taiwan Special Chemicals (ROCO:4772), the current ROE % is 21.80% as of Mar. 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 Taiwan Special Chemicals (ROCO:4772) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Special Chemicals stock appears to be undervalued.
The current stock price of NT$270.50 is trading 60.2% below its estimated GF Value™ of NT$679.24.
GuruFocus considers Taiwan Special Chemicals to be Possible Value Trap.
Key valuation signals for ROCO:4772:
ROE %: 21.80% (72% above median its 10-year median of 12.71)
GF Value™: NT$679.24 vs. price of NT$270.50 (60.2% below fair value)
Industry Position: 316% above the Chemicals median (#95 of 1583)
No single metric tells the full story. See the ROCO:4772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Special Chemicals Corp develops and manufactures semiconductor specialty gases (SEG) and semiconductor chemical materials (SEC), and is engaged in the sale and production of precision chemical materials, as well as the cleaning, maintenance, and refurbishment services for semiconductor equipment and components. It generates maximum revenue from the sale of specialty chemical materials. Geographically, the company generates maximum revenue from Taiwan, followed by other Asian regions, America, Northeast Asia (Japan and Korea), and Europe.
63GF Score
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