Art Emperor Co (ROCO:6650) ROIC %: 70.00% (As of Dec. 2025)


ROCO:6650 Art Emperor Co Ltd ROCO:6650
85 GF Score
Price NT$29.75
GF Value NT$37.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Art Emperor Co ROIC %?

Art Emperor Co ROCO:6650 +2.59% 85 ROIC % is 70.00% as of Dec. 2025. GuruFocus rates ROCO:6650 with a GF Score™ of 85/100 and a GF Value™ of NT$37.33 (Modestly Undervalued). The stock has 4 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 %. Art Emperor Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 70.00%.

As of today (2026-07-07), Art Emperor Co's WACC % is 3.26%. Art Emperor Co's ROIC % is 44.01% (calculated using TTM income statement data). Art Emperor 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.


Art Emperor Co  (ROCO:6650) 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, Art Emperor Co's WACC % is 3.26%. Art Emperor Co's ROIC % is 44.01% (calculated using TTM income statement data). Art Emperor 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.


Art Emperor Co ROIC % Related Terms


Art Emperor Co ROIC % Historical Data

* Premium members only.

The historical data trend for Art Emperor 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.

Art Emperor Co ROIC % Chart

Art Emperor 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 214.25 143.90 118.43 97.20 38.99

Art Emperor Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 84.28 124.66 44.87 35.49 70.00

ROCO:6650 vs GOOGL, META, SPOT: ROIC % Comparison

For the Internet Content & Information subindustry, Art Emperor 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.


Art Emperor Co ROIC % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Art Emperor Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Art Emperor Co's ROIC % falls into.


ROCO:6650
85GF Score
Art Emperor Co Ltd ROCO:6650
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Art Emperor Co ROIC % Calculation

Art Emperor 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 )
=32.831 * ( 1 - 17.45% )/( (95.651 + 43.359)/ 2 )
=27.1019905/69.505
=38.99 %

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))
=967.752 - 466.551 - ( 405.55 - max(0, 492.972 - 947.169+405.55))
=95.651

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))
=677.748 - 250.696 - ( 383.693 - max(0, 267.496 - 662.708+383.693))
=43.359

Art Emperor 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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=39.396 * ( 1 - 20.85% )/( (45.737 + 43.359)/ 2 )
=31.181934/44.548
=70.00 %

where

Invested Capital(Q: Jun. 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))
=730.35 - 324.528 - ( 360.085 - max(0, 343.259 - 712.126+360.085))
=45.737

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))
=677.748 - 250.696 - ( 383.693 - max(0, 267.496 - 662.708+383.693))
=43.359

Note: The Operating Income data used here is two times the semi-annual (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 70.00% mean?
Art Emperor Co (ROCO:6650) has a ROIC % of 70.00% 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 Art Emperor Co and its competitors.
Is Art Emperor Co's ROIC % too high?
Art Emperor Co's current ROIC % is 70.00%. The Interactive Media industry median ROIC % is 1.88. Art Emperor Co's value of 70.00% is 3623.4% above this industry median. Overall, Art Emperor Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Art Emperor Co's ROIC % compare to GOOGL and META?
Art Emperor Co's ROIC % of 70.00% can be compared against companies in the Interactive Media industry. The industry median ROIC % is 1.88. Art Emperor Co's value of 70.00% is 3623.4% 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 an Interactive Media company?
The median ROIC % among Interactive Media companies is 1.88, based on 560 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. Art Emperor Co's current ROIC % of 70.00% is 3623.4% 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 Art Emperor Co and its competitors. For the Interactive Media industry, the median ROIC % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Art Emperor Co's current ROIC % is 70.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art Emperor Co stock overvalued right now?
Based on GuruFocus' analysis, Art Emperor Co (ROCO:6650) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.33, compared to a current price of NT$29.75 — trading 20.3% below its estimated fair value. The current ROIC % is 70.00% and 3623.4% above the Interactive Media industry median of 1.88. Art Emperor Co's overall GF Score™ is 85/100 with 4 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 Art Emperor Co (ROCO:6650), the current ROIC % is 70.00% 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 Art Emperor Co (ROCO:6650) Overvalued in 2026?

Based on GuruFocus' analysis, Art Emperor Co stock appears to be undervalued. The current stock price of NT$29.75 is trading 20.3% below its estimated GF Value™ of NT$37.33. GuruFocus considers Art Emperor Co to be Modestly Undervalued.

Key valuation signals for ROCO:6650:

  • ROIC %: 70.00%
  • GF Value™: NT$37.33 vs. price of NT$29.75 (20.3% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 3623.4% above the Interactive Media median

No single metric tells the full story. See the ROCO:6650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Art Emperor Co Business Description

Address Tiding Boulevard, 6th Floor, No. 297, Sector 2, Neihu District, Taipei, TWN
Art Emperor Co Ltd is a Taiwan based company operates art information website. It also engaged in conducting art exhibitions and maintaining art gallery. The company also offers Art Auction activities.
85GF Score

Get the complete analysis for ROCO:6650

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

NT$29.75
Price
NT$37.33
GF Value