Securitag Assembly Group Co (ROCO:6417) ROIC %: 13.85% (As of Dec. 2025)

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ROCO:6417 Securitag Assembly Group Co Ltd ROCO:6417
80 GF Score
Price NT$115.50
GF Value NT$119.42
Valuation Fairly Valued
! 7 Warning Signs
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What is Securitag Assembly Group Co ROIC %?

Securitag Assembly Group Co ROCO:6417 -6.48% 80 ROIC % is 13.85% as of Dec. 2025. GuruFocus rates ROCO:6417 with a GF Score™ of 80/100 and a GF Value™ of NT$119.42 (Fairly Valued). The stock has 7 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 %. Securitag Assembly Group Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 13.85%.

As of today (2026-07-17), Securitag Assembly Group Co's WACC % is 3.53%. Securitag Assembly Group Co's ROIC % is 12.25% (calculated using TTM income statement data). Securitag Assembly Group Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Securitag Assembly Group Co  (ROCO:6417) 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, Securitag Assembly Group Co's WACC % is 3.53%. Securitag Assembly Group Co's ROIC % is 12.25% (calculated using TTM income statement data). Securitag Assembly Group Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Securitag Assembly Group Co ROIC % Related Terms


Securitag Assembly Group Co ROIC % Historical Data

* Premium members only.

The historical data trend for Securitag Assembly Group 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.

Securitag Assembly Group Co ROIC % Chart

Securitag Assembly Group 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 12.10 13.46 10.04 9.58 12.21

Securitag Assembly Group 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 12.20 11.36 12.47 10.82 13.85

ROCO:6417 vs CSCO, CIEN, MSI: ROIC % Comparison

For the Communication Equipment subindustry, Securitag Assembly Group 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.


Securitag Assembly Group Co ROIC % vs Hardware Industry

For the Hardware industry and Technology sector, Securitag Assembly Group Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Securitag Assembly Group Co's ROIC % falls into.


ROCO:6417
80GF Score
Securitag Assembly Group Co Ltd ROCO:6417
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Securitag Assembly Group Co ROIC % Calculation

Securitag Assembly Group 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 )
=258.813 * ( 1 - 19.76% )/( (1726.488 + 1674.11)/ 2 )
=207.6715512/1700.299
=12.21 %

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))
=2815.95 - 398.388 - ( 691.074 - max(0, 504.571 - 1328.466+691.074))
=1726.488

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))
=2862.64 - 420.351 - ( 768.179 - max(0, 562.54 - 1413.974+768.179))
=1674.11

Securitag Assembly Group 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 )
=279.784 * ( 1 - 16.98% )/( (1681.015 + 1674.11)/ 2 )
=232.2766768/1677.5625
=13.85 %

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))
=2745.226 - 344.539 - ( 719.672 - max(0, 468.59 - 1288.361+719.672))
=1681.015

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))
=2862.64 - 420.351 - ( 768.179 - max(0, 562.54 - 1413.974+768.179))
=1674.11

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 13.85% mean?
Securitag Assembly Group Co (ROCO:6417) has a ROIC % of 13.85% 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 Securitag Assembly Group Co and its competitors.
Is Securitag Assembly Group Co's ROIC % too high?
Securitag Assembly Group Co's current ROIC % is 13.85%. The Hardware industry median ROIC % is 4.12. Securitag Assembly Group Co's value of 13.85% is 236.2% above this industry median. Overall, Securitag Assembly Group Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Securitag Assembly Group Co's ROIC % compare to CSCO and CIEN?
Securitag Assembly Group Co's ROIC % of 13.85% can be compared against companies in the Hardware industry. The industry median ROIC % is 4.12. Securitag Assembly Group Co's value of 13.85% is 236.2% 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 ROIC % for a Hardware company?
The median ROIC % among Hardware companies is 4.12, based on 2,450 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. Securitag Assembly Group Co's current ROIC % of 13.85% is 236.2% 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 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 Securitag Assembly Group Co and its competitors. For the Hardware industry, the median ROIC % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Securitag Assembly Group Co's current ROIC % is 13.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Securitag Assembly Group Co stock overvalued right now?
Based on GuruFocus' analysis, Securitag Assembly Group Co (ROCO:6417) is currently considered Fairly Valued. The stock's GF Value™ is NT$119.42, compared to a current price of NT$115.50 — trading 3.3% below its estimated fair value. The current ROIC % is 13.85% and 236.2% above the Hardware industry median of 4.12. Securitag Assembly Group Co's overall GF Score™ is 80/100 with 7 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 Securitag Assembly Group Co (ROCO:6417), the current ROIC % is 13.85% 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 Securitag Assembly Group Co (ROCO:6417) Overvalued in 2026?

Based on GuruFocus' analysis, Securitag Assembly Group Co stock appears to be undervalued. The current stock price of NT$115.50 is trading 3.3% below its estimated GF Value™ of NT$119.42. GuruFocus considers Securitag Assembly Group Co to be Fairly Valued.

Key valuation signals for ROCO:6417:

  • ROIC %: 13.85%
  • GF Value™: NT$119.42 vs. price of NT$115.50 (3.3% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 236.2% above the Hardware median

No single metric tells the full story. See the ROCO:6417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Securitag Assembly Group Co Business Description

Address NO. 99, Renhuagong 2nd Road, Dali District, Taichung, TWN, 412039
Securitag Assembly Group Co Ltd is Developer and manufacturer of radio frequency identification (RFID) transponders. The group delivers both standard and customized RFID products of inlays, labels, cards, key fobs and tags. The Group operates in three regions: Europe, the Americas, and Asia. It generates maximum revenue from Americas. The products of the group are: RFID Labels, RFID Tags, Product Category and Product Selector.
80GF Score

Get the complete analysis for ROCO:6417

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

NT$115.50
Price
NT$119.42
GF Value