JG Environmental Technology Co (ROCO:6723) ROIC %: 19.37% (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:6723 JG Environmental Technology Co ROCO:6723
85 GF Score
Price NT$34.50
GF Value NT$39.00
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is JG Environmental Technology Co ROIC %?

JG Environmental Technology Co ROCO:6723 +3.45% 85 ROIC % is 19.37% as of Dec. 2025. GuruFocus rates ROCO:6723 with a GF Score™ of 85/100 and a GF Value™ of NT$39.00 (Modestly Undervalued). The stock has 1 warning sign 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 %. JG Environmental Technology Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 19.37%.

As of today (2026-08-02), JG Environmental Technology Co's WACC % is 4.23%. JG Environmental Technology Co's ROIC % is 25.17% (calculated using TTM income statement data). JG Environmental Technology 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.


JG Environmental Technology Co  (ROCO:6723) 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, JG Environmental Technology Co's WACC % is 4.23%. JG Environmental Technology Co's ROIC % is 25.17% (calculated using TTM income statement data). JG Environmental Technology 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.


JG Environmental Technology Co ROIC % Related Terms


JG Environmental Technology Co ROIC % Historical Data

* Premium members only.

The historical data trend for JG Environmental Technology 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.

JG Environmental Technology Co ROIC % Chart

JG Environmental Technology 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 -3.24 5.42 13.41 5.67 25.10

JG Environmental Technology Co Semi-Annual Data
Dec15 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 4.60 -0.72 11.83 31.03 19.37

ROCO:6723 vs VLTO, ZWS, CECO: ROIC % Comparison

For the Pollution & Treatment Controls subindustry, JG Environmental Technology 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.


JG Environmental Technology Co ROIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, JG Environmental Technology Co's ROIC % distribution charts can be found below:

* The bar in red indicates where JG Environmental Technology Co's ROIC % falls into.


ROCO:6723
85GF Score
JG Environmental Technology Co ROCO:6723
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JG Environmental Technology Co ROIC % Calculation

JG Environmental Technology 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 )
=147.132 * ( 1 - 20.21% )/( (467.667 + 467.695)/ 2 )
=117.3966228/467.681
=25.10 %

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))
=750.485 - 181.973 - ( 100.845 - max(0, 346.454 - 530.364+100.845))
=467.667

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))
=881.848 - 228.675 - ( 185.478 - max(0, 300.256 - 635.867+185.478))
=467.695

JG Environmental Technology 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 )
=112.858 * ( 1 - 20.06% )/( (463.645 + 467.695)/ 2 )
=90.2186852/465.67
=19.37 %

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))
=853.853 - 253.474 - ( 136.734 - max(0, 337.727 - 604.71+136.734))
=463.645

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))
=881.848 - 228.675 - ( 185.478 - max(0, 300.256 - 635.867+185.478))
=467.695

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 19.37% mean?
JG Environmental Technology Co (ROCO:6723) has a ROIC % of 19.37% 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 JG Environmental Technology Co and its competitors.
Is JG Environmental Technology Co's ROIC % too high?
JG Environmental Technology Co's current ROIC % is 19.37%. The Industrial Products industry median ROIC % is 5.15. JG Environmental Technology Co's value of 19.37% is 276.1% above this industry median. Overall, JG Environmental Technology 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 JG Environmental Technology Co's ROIC % compare to VLTO and ZWS?
JG Environmental Technology Co's ROIC % of 19.37% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.15. JG Environmental Technology Co's value of 19.37% is 276.1% 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 Industrial Products company?
The median ROIC % among Industrial Products companies is 5.15, 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. JG Environmental Technology Co's current ROIC % of 19.37% is 276.1% 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 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 JG Environmental Technology Co and its competitors. For the Industrial Products industry, the median ROIC % is 5.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JG Environmental Technology Co's current ROIC % is 19.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JG Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, JG Environmental Technology Co (ROCO:6723) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$39.00, compared to a current price of NT$34.50 — trading 11.5% below its estimated fair value. The current ROIC % is 19.37% and 276.1% above the Industrial Products industry median of 5.15. JG Environmental Technology Co's overall GF Score™ is 85/100 with 1 warning sign 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 JG Environmental Technology Co (ROCO:6723), the current ROIC % is 19.37% 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 JG Environmental Technology Co (ROCO:6723) Overvalued in 2026?

Based on GuruFocus' analysis, JG Environmental Technology Co stock appears to be undervalued. The current stock price of NT$34.50 is trading 11.5% below its estimated GF Value™ of NT$39.00. GuruFocus considers JG Environmental Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:6723:

  • ROIC %: 19.37%
  • GF Value™: NT$39.00 vs. price of NT$34.50 (11.5% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 276.1% above the Industrial Products median

No single metric tells the full story. See the ROCO:6723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JG Environmental Technology Co Business Description

Address Lane 461, Zhongfeng Road, 10th Floor, No. 180, Longtan District, Taoyuan City, TWN
JG Environmental Technology Co is engaged in designing, manufacturing and installation of air pollution and energy recovery equipment and systems. The company's products include ESCO environmental protection system and equipment, Gaseous pollutant purification and deodorization equipment, Acid gas and particle removal equipment, and VOCs exhaust gas treatment system among others.
85GF Score

Get the complete analysis for ROCO:6723

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

NT$34.50
Price
NT$39.00
GF Value