North-Star International Co (ROCO:8927) ROE %: 7.01% (As of Dec. 2025) — 101% Above Median


ROCO:8927 North-Star International Co Ltd ROCO:8927
66 GF Score
Price NT$21.25
GF Value NT$52.67
Valuation Possible Value Trap
! 9 Warning Signs
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What is North-Star International Co ROE %?

North-Star International Co ROCO:8927 +0.95% 66 ROE % is 7.01% as of Dec. 2025, which is 101% above its 10-year median of 3.49. GuruFocus rates ROCO:8927 with a GF Score™ of 66/100 and a GF Value™ of NT$52.67 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,092 Retail - Cyclical companies, North-Star International Co ranks worse than 64.29% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. North-Star International Co's annualized net income for the quarter that ended in Dec. 2025 was NT$400 Mil. North-Star International Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$5,698 Mil. Therefore, North-Star International Co's annualized ROE % for the quarter that ended in Dec. 2025 was 7.01%.

The historical rank and industry rank for North-Star International Co's ROE % or its related term are showing as below:

ROCO:8927' s ROE % Range Over the Past 10 Years
Min: 2.38   Med: 3.49   Max: 8.59
Current: 2.66

During the past 13 years, North-Star International Co's highest ROE % was 8.59%. The lowest was 2.38%. And the median was 3.49%.

ROCO:8927's ROE % is ranked worse than
64.29% of 1092 companies
in the Retail - Cyclical industry
Industry Median: 6.49 vs ROCO:8927: 2.66

North-Star International Co  (ROCO:8927) 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:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=399.524/5698.2655
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(399.524 / 12729.052)*(12729.052 / 34753.608)*(34753.608 / 5698.2655)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.14 %*0.3663*6.099
=ROA %*Equity Multiplier
=1.15 %*6.099
=7.01 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=399.524/5698.2655
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (399.524 / 311.968) * (311.968 / 1236.588) * (1236.588 / 12729.052) * (12729.052 / 34753.608) * (34753.608 / 5698.2655)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2807 * 0.2523 * 9.71 % * 0.3663 * 6.099
=7.01 %

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.


North-Star International Co ROE % Related Terms


North-Star International Co ROE % Historical Data

* Premium members only.

The historical data trend for North-Star International Co'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.

North-Star International Co ROE % Chart

North-Star International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 3.39 2.38 8.59 2.68

North-Star International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROE % 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 -3.64 1.06 0.94 1.67 7.01

ROCO:8927 vs CASY, WSM, DKS: ROE % Comparison

For the Specialty Retail subindustry, North-Star International Co'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.


North-Star International Co ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, North-Star International Co's ROE % distribution charts can be found below:

* The bar in red indicates where North-Star International Co's ROE % falls into.


ROCO:8927
66GF Score
North-Star International Co Ltd ROCO:8927
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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North-Star International Co ROE % Calculation

North-Star International Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=152.471/( (5710.768+5679.08)/ 2 )
=152.471/5694.924
=2.68 %

North-Star International Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=399.524/( (5717.451+5679.08)/ 2 )
=399.524/5698.2655
=7.01 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.01% mean?
North-Star International Co (ROCO:8927) has a ROE % of 7.01% 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 North-Star International Co and its competitors. This is 101% above median its historical median of 3.49. Over the past decade, North-Star International Co's ROE % has ranged from 2.38 to 8.59. According to the industry distribution chart, North-Star International Co ranks #702 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 64.3%.
Is North-Star International Co's ROE % too high?
North-Star International Co's current ROE % of 7.01% is 101% above median its 10-year median of 3.49. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 8.59. The Retail - Cyclical industry median ROE % is 6.49. North-Star International Co's value of 7.01% is 8% above this industry median. Based on the distribution chart, North-Star International Co ranks #702 out of 1092 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, North-Star International Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North-Star International Co's ROE % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, North-Star International Co ranks #702 out of 1092 companies for ROE %. This places North-Star International Co in the lower half of its industry. The industry median ROE % is 6.49. North-Star International Co's value of 7.01% is 8% above this benchmark. Historically, North-Star International Co's own ROE % has ranged from 2.38 to 8.59 over the past decade. While the company's 10-year median is 3.49 vs. the industry median of 6.49, North-Star International Co 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,092 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. North-Star International Co's current ROE % of 7.01% is 8% 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 North-Star International Co and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North-Star International Co's current ROE % is 7.01%, which is 101% above median its own 10-year median of 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, North-Star International Co (ROCO:8927) is currently considered Possible Value Trap. The stock's GF Value™ is NT$52.67, compared to a current price of NT$21.25 — trading 59.7% below its estimated fair value. The current ROE % is 7.01%, which is 101% above median its 10-year median of 3.49 and 8% above the Retail - Cyclical industry median of 6.49. North-Star International Co's overall GF Score™ is 66/100 with 9 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 North-Star International Co (ROCO:8927), the current ROE % is 7.01% 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 North-Star International Co (ROCO:8927) Overvalued in 2026?

Based on GuruFocus' analysis, North-Star International Co stock appears to be undervalued. The current stock price of NT$21.25 is trading 59.7% below its estimated GF Value™ of NT$52.67. GuruFocus considers North-Star International Co to be Possible Value Trap.

Key valuation signals for ROCO:8927:

  • ROE %: 7.01% (101% above median its 10-year median of 3.49)
  • GF Value™: NT$52.67 vs. price of NT$21.25 (59.7% below fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 8% above the Retail - Cyclical median (#702 of 1092)

No single metric tells the full story. See the ROCO:8927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North-Star International Co Business Description

Address No. 137, Xinhai Road, Banqiao District, New Taipei City, TWN, 220
North-Star International Co Ltd is mainly engaged in petrol filling stations and the retail business of gasoline products. In addition, for the diversification operation of the Group, the Group has been expanding into hotels, real estate development and sale, as well as renewable energy development services. The Group has three reportable segments: gasoline sales, restaurant and travel service, and optoelectronics business. The gasoline sales segment, which generates maximum revenue, is engaged in retailing petrol filling stations and gasoline products. The restaurant and travel service segment is engaged in the hotel and restaurant industry. The optoelectronics business segment is engaged in solar power generation, energy storage, and electricity sales.
66GF Score

Get the complete analysis for ROCO:8927

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

NT$21.25
Price
NT$52.67
GF Value