ECOVE EnvironmentROCO:6803 94 ROE % is 17.70% as of Dec. 2025, which is 0% below its 10-year median of 17.73. GuruFocus rates ROCO:6803 with a GF Score™ of 94/100 and a GF Value™ of NT$373.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 232 Waste Management companies, ECOVE Environment ranks better than 91.38% on this metric.
The historical rank and industry rank for ECOVE Environment's ROE % or its related term are showing as below:
ROCO:6803'
s ROE % Range Over the Past 10 Years
Min: 16.26 Med: 17.73 Max: 20.35
Current: 20.35
During the past 13 years, ECOVE Environment's highest ROE % was 20.35%. The lowest was 16.26%. And the median was 17.73%.
ROCO:6803's ROE % is ranked better than 91.38% of 232
companies
in the Waste Management industry
Industry Median: 5.565
vs ROCO:6803: 20.35
ECOVE Environment (ROCO:6803) 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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.
ECOVE Environment ROE % Related Terms
ECOVE Environment ROE % Historical Data
* Premium members only.
The historical data trend for ECOVE Environment's ROE % 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.
For the Waste Management subindustry, ECOVE Environment'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.
ECOVE Environment ROE % vs Waste Management Industry
For the Waste Management industry and Industrials sector, ECOVE Environment's ROE % distribution charts can be found below:
* The bar in red indicates where ECOVE Environment'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
ECOVE Environment (ROCO:6803) has a ROE % of 17.70% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ECOVE Environment and its competitors. This is near median its historical median of 17.73. Over the past decade, ECOVE Environment's ROE % has ranged from 16.26 to 20.35. According to the industry distribution chart, ECOVE Environment ranks #20 out of 232 companies in the Waste Management industry, placing it in the top 8.6%.
Is ECOVE Environment's ROE % too high?
ECOVE Environment's current ROE % of 17.70% is near median its 10-year median of 17.73. Over the past 10 years, this metric has ranged from a low of 16.26 to a high of 20.35. The Waste Management industry median ROE % is 5.57. ECOVE Environment's value of 17.70% is 218.1% above this industry median. Based on the distribution chart, ECOVE Environment ranks #20 out of 232 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, ECOVE Environment has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, ECOVE Environment ranks #20 out of 232 companies for ROE %. This places ECOVE Environment in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 5.57. ECOVE Environment's value of 17.70% is 218.1% above this benchmark. Historically, ECOVE Environment's own ROE % has ranged from 16.26 to 20.35 over the past decade. While the company's 10-year median is 17.73 vs. the industry median of 5.57, ECOVE Environment 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 Waste Management company?
The median ROE % among Waste Management companies is 5.57, based on 232 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. ECOVE Environment's current ROE % of 17.70% is 218.1% 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 ECOVE Environment and its competitors. For the Waste Management industry, the median ROE % is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECOVE Environment's current ROE % is 17.70%, which is near median its own 10-year median of 17.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$373.58, compared to a current price of NT$274.00 — trading 26.7% below its estimated fair value. The current ROE % is 17.70%, which is near median its 10-year median of 17.73 and 218.1% above the Waste Management industry median of 5.57. ECOVE Environment's overall GF Score™ is 94/100 with 5 warning signs 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 ECOVE Environment (ROCO:6803), the current ROE % is 17.70% 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 ECOVE Environment (ROCO:6803) Overvalued in 2026?
Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued.
The current stock price of NT$274.00 is trading 26.7% below its estimated GF Value™ of NT$373.58.
GuruFocus considers ECOVE Environment to be Modestly Undervalued.
Key valuation signals for ROCO:6803:
ROE %: 17.70% (near median its 10-year median of 17.73)
GF Value™: NT$373.58 vs. price of NT$274.00 (26.7% below fair value)
Industry Position: 218.1% above the Waste Management median (#20 of 232)
No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
94GF Score
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