Nan Yang Dyeing & Finishing Co (TPE:1410) ROIC %: 1.07% (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.

TPE:1410 Nan Yang Dyeing & Finishing Co Ltd TPE:1410
76 GF Score
Price NT$25.40
GF Value NT$26.46
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Nan Yang Dyeing & Finishing Co ROIC %?

Nan Yang Dyeing & Finishing Co TPE:1410 -3.24% 76 ROIC % is 1.07% as of Dec. 2025. GuruFocus rates TPE:1410 with a GF Score™ of 76/100 and a GF Value™ of NT$26.46 (Fairly Valued). 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 %. Nan Yang Dyeing & Finishing Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 1.07%.

As of today (2026-07-14), Nan Yang Dyeing & Finishing Co's WACC % is 1.65%. Nan Yang Dyeing & Finishing Co's ROIC % is -0.54% (calculated using TTM income statement data). Nan Yang Dyeing & Finishing Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Nan Yang Dyeing & Finishing Co  (TPE:1410) 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, Nan Yang Dyeing & Finishing Co's WACC % is 1.65%. Nan Yang Dyeing & Finishing Co's ROIC % is -0.54% (calculated using TTM income statement data). Nan Yang Dyeing & Finishing 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.


Nan Yang Dyeing & Finishing Co ROIC % Related Terms


Nan Yang Dyeing & Finishing Co ROIC % Historical Data

* Premium members only.

The historical data trend for Nan Yang Dyeing & Finishing 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.

Nan Yang Dyeing & Finishing Co ROIC % Chart

Nan Yang Dyeing & Finishing 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 10.33 4.52 -1.08 1.81 -0.54

Nan Yang Dyeing & Finishing 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 2.14 -0.90 0.97 -2.71 1.07

Nan Yang Dyeing & Finishing Co ROIC % Competitor Comparison

For the Textile Manufacturing subindustry, Nan Yang Dyeing & Finishing 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.


Nan Yang Dyeing & Finishing Co ROIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nan Yang Dyeing & Finishing Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Nan Yang Dyeing & Finishing Co's ROIC % falls into.


TPE:1410
76GF Score
Nan Yang Dyeing & Finishing Co Ltd TPE:1410
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nan Yang Dyeing & Finishing Co ROIC % Calculation

Nan Yang Dyeing & Finishing 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 )
=-5.995 * ( 1 - 35.16% )/( (752.533 + 694.955)/ 2 )
=-3.887158/723.744
=-0.54 %

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))
=1332.753 - 11.614 - ( 568.606 - max(0, 32.323 - 640.532+568.606))
=752.533

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))
=1311.395 - 22.774 - ( 593.666 - max(0, 40.943 - 641.94+593.666))
=694.955

Nan Yang Dyeing & Finishing 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 )
=8.252 * ( 1 - 9.44% )/( (700.134 + 694.955)/ 2 )
=7.4730112/697.5445
=1.07 %

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))
=1292.302 - 19.007 - ( 574.296 - max(0, 49.014 - 622.175+574.296))
=700.134

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))
=1311.395 - 22.774 - ( 593.666 - max(0, 40.943 - 641.94+593.666))
=694.955

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 1.07% mean?
Nan Yang Dyeing & Finishing Co (TPE:1410) has a ROIC % of 1.07% 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 Nan Yang Dyeing & Finishing Co and its competitors.
Is Nan Yang Dyeing & Finishing Co's ROIC % too high?
Nan Yang Dyeing & Finishing Co's current ROIC % is 1.07%. The Manufacturing - Apparel & Accessories industry median ROIC % is 2.91. Nan Yang Dyeing & Finishing Co's value of 1.07% is 63.2% below this industry median. Overall, Nan Yang Dyeing & Finishing Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nan Yang Dyeing & Finishing Co's ROIC % compare to competitors?
Nan Yang Dyeing & Finishing Co's ROIC % of 1.07% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROIC % is 2.91. Nan Yang Dyeing & Finishing Co's value of 1.07% is 63.2% below 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 Manufacturing - Apparel & Accessories company?
The median ROIC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,043 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. Nan Yang Dyeing & Finishing Co's current ROIC % of 1.07% is 63.2% below 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 Nan Yang Dyeing & Finishing Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROIC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nan Yang Dyeing & Finishing Co's current ROIC % is 1.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Yang Dyeing & Finishing Co stock overvalued right now?
Based on GuruFocus' analysis, Nan Yang Dyeing & Finishing Co (TPE:1410) is currently considered Fairly Valued. The stock's GF Value™ is NT$26.46, compared to a current price of NT$25.40 — trading 4% below its estimated fair value. The current ROIC % is 1.07% and 63.2% below the Manufacturing - Apparel & Accessories industry median of 2.91. Nan Yang Dyeing & Finishing Co's overall GF Score™ is 76/100 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 Nan Yang Dyeing & Finishing Co (TPE:1410), the current ROIC % is 1.07% 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 Nan Yang Dyeing & Finishing Co (TPE:1410) Overvalued in 2026?

Based on GuruFocus' analysis, Nan Yang Dyeing & Finishing Co stock appears to be undervalued. The current stock price of NT$25.40 is trading 4% below its estimated GF Value™ of NT$26.46. GuruFocus considers Nan Yang Dyeing & Finishing Co to be Fairly Valued.

Key valuation signals for TPE:1410:

  • ROIC %: 1.07%
  • GF Value™: NT$26.46 vs. price of NT$25.40 (4% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 63.2% below the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the TPE:1410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nan Yang Dyeing & Finishing Co Business Description

Address No.233, Nanshan Road, Section 3, Shanjiao Village, Lujhu District, Taoyuan, TWN, 338
Nan Yang Dyeing & Finishing Co Ltd is engaged in semiconductor packaging and testing, dyeing, bleaching, finishing, resin processing and shaping, real estate leasing, and testing operations. Its segments are the Dyeing and Finishing Department, and the Semiconductor Department. The company derives maximum revenue from semi conductor segment.
76GF Score

Get the complete analysis for TPE:1410

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

NT$25.40
Price
NT$26.46
GF Value