Bin Chuan Enterprise Co (ROCO:1569) ROIC %: -15.31% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:1569 Bin Chuan Enterprise Co Ltd ROCO:1569
52 GF Score
Price NT$46.30
GF Value NT$28.84
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Bin Chuan Enterprise Co ROIC %?

Bin Chuan Enterprise Co ROCO:1569 -2.11% 52 ROIC % is -15.31% as of Dec. 2025. GuruFocus rates ROCO:1569 with a GF Score™ of 52/100 and a GF Value™ of NT$28.84 (Significantly Overvalued). The stock has 6 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Bin Chuan Enterprise Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was -15.31%.

As of today (2026-07-17), Bin Chuan Enterprise Co's WACC % is 2.39%. Bin Chuan Enterprise Co's ROIC % is -12.13% (calculated using TTM income statement data). Bin Chuan Enterprise Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Bin Chuan Enterprise Co  (ROCO:1569) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Bin Chuan Enterprise Co's WACC % is 2.39%. Bin Chuan Enterprise Co's ROIC % is -12.13% (calculated using TTM income statement data). Bin Chuan Enterprise Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Bin Chuan Enterprise Co ROIC % Related Terms


Bin Chuan Enterprise Co ROIC % Historical Data

* Premium members only.

The historical data trend for Bin Chuan Enterprise Co's ROIC % 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.

Bin Chuan Enterprise Co ROIC % Chart

Bin Chuan Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.82 6.16 -3.21 -9.72 -12.09

Bin Chuan Enterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROIC % 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 -13.63 -10.47 -10.39 -11.86 -15.31

ROCO:1569 vs CRS, ATI, MLI: ROIC % Comparison

For the Metal Fabrication subindustry, Bin Chuan Enterprise Co's ROIC %, along with its competitors' market caps and ROIC % 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.


Bin Chuan Enterprise Co ROIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bin Chuan Enterprise Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Bin Chuan Enterprise Co's ROIC % falls into.


ROCO:1569
52GF Score
Bin Chuan Enterprise Co Ltd ROCO:1569
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bin Chuan Enterprise Co ROIC % Calculation

Bin Chuan Enterprise Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=-570.561 * ( 1 - 0% )/( (4705.391 + 4730.76)/ 2 )
=-570.561/4718.0755
=-12.09 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6400.654 - 1060.197 - ( 927.684 - max(0, 2689.493 - 3324.559+927.684))
=4705.391

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6330.612 - 1027.178 - ( 853.186 - max(0, 2820.983 - 3393.657+853.186))
=4730.76

Bin Chuan Enterprise Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-702.148 * ( 1 - 0% )/( (4442.747 + 4730.76)/ 2 )
=-702.148/4586.7535
=-15.31 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6092.946 - 1073.071 - ( 690.601 - max(0, 2616.177 - 3193.305+690.601))
=4442.747

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6330.612 - 1027.178 - ( 853.186 - max(0, 2820.983 - 3393.657+853.186))
=4730.76

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of -15.31% mean?
Bin Chuan Enterprise Co (ROCO:1569) has a ROIC % of -15.31% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Bin Chuan Enterprise Co and its competitors.
Is Bin Chuan Enterprise Co's ROIC % too high?
Bin Chuan Enterprise Co's current ROIC % is -15.31%. Overall, Bin Chuan Enterprise Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bin Chuan Enterprise Co's ROIC % compare to CRS and ATI?
Bin Chuan Enterprise Co's ROIC % of -15.31% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Industrial Products company?
The median ROIC % among Industrial Products companies is 5.19, based on 3,031 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Bin Chuan Enterprise Co and its competitors. For the Industrial Products industry, the median ROIC % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bin Chuan Enterprise Co's current ROIC % is -15.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bin Chuan Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Bin Chuan Enterprise Co (ROCO:1569) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.84, compared to a current price of NT$46.30 — trading 60.5% above its estimated fair value. The current ROIC % is -15.31%. Bin Chuan Enterprise Co's overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Bin Chuan Enterprise Co (ROCO:1569), the current ROIC % is -15.31% 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 Bin Chuan Enterprise Co (ROCO:1569) Overvalued in 2026?

Based on GuruFocus' analysis, Bin Chuan Enterprise Co stock appears to be overvalued. The current stock price of NT$46.30 is trading 60.5% above its estimated GF Value™ of NT$28.84. GuruFocus considers Bin Chuan Enterprise Co to be Significantly Overvalued.

Key valuation signals for ROCO:1569:

  • ROIC %: -15.31%
  • GF Value™: NT$28.84 vs. price of NT$46.30 (60.5% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the ROCO:1569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bin Chuan Enterprise Co Business Description

Address No. 2, Xingye Road, Dafa Industrial Zone, Datun District, Kaohsiung, TWN, 83162
Bin Chuan Enterprise Co Ltd is mainly engaged in manufacturing, processing and sales of semi-automatic punching net machinery, audio decoration nets, and molds, and purchasing and sales of stamped parts for computer peripherals. Its segments are Metal Business Department which produces and sells computer, audio, and other hardware products and components; Plastics Business Department which Processes and produces in plastic injection molding, and sales of precision plastic components for electronics and electrical products; and Other business departments. Majority of revenue comes from Metal Business Department. It has presence in Taiwan, and Asia.
52GF Score

Get the complete analysis for ROCO:1569

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

NT$46.30
Price
NT$28.84
GF Value