Taiwan Fire & Marine Insurance Co (TPE:2832) ROIC %: 0.00% (As of Dec. 2025)


TPE:2832 Taiwan Fire & Marine Insurance Co Ltd TPE:2832
69 GF Score
Price NT$55.50
GF Value NT$41.10
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Taiwan Fire & Marine Insurance Co ROIC %?

Taiwan Fire & Marine Insurance Co TPE:2832 -0.54% 69 ROIC % is 0.00% as of Dec. 2025. GuruFocus rates TPE:2832 with a GF Score™ of 69/100 and a GF Value™ of NT$41.10 (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 %. Taiwan Fire & Marine Insurance Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 0.00%.

As of today (2026-06-29), Taiwan Fire & Marine Insurance Co's WACC % is 6.66%. Taiwan Fire & Marine Insurance Co's ROIC % is 0.00% (calculated using TTM income statement data). Taiwan Fire & Marine Insurance Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Taiwan Fire & Marine Insurance Co  (TPE:2832) 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, Taiwan Fire & Marine Insurance Co's WACC % is 6.66%. Taiwan Fire & Marine Insurance Co's ROIC % is 0.00% (calculated using TTM income statement data). Taiwan Fire & Marine Insurance 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.


Taiwan Fire & Marine Insurance Co ROIC % Related Terms


Taiwan Fire & Marine Insurance Co ROIC % Historical Data

* Premium members only.

The historical data trend for Taiwan Fire & Marine Insurance 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.

Taiwan Fire & Marine Insurance Co ROIC % Chart

Taiwan Fire & Marine Insurance 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 0.00 0.00 0.00 0.00 0.00

Taiwan Fire & Marine Insurance 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 0.00 0.00 0.00 0.00 0.00

TPE:2832 vs CB, PGR, TRV: ROIC % Comparison

For the Insurance - Property & Casualty subindustry, Taiwan Fire & Marine Insurance 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.


Taiwan Fire & Marine Insurance Co ROIC % vs Insurance Industry

For the Insurance industry and Financial Services sector, Taiwan Fire & Marine Insurance Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Taiwan Fire & Marine Insurance Co's ROIC % falls into.


TPE:2832
69GF Score
Taiwan Fire & Marine Insurance Co Ltd TPE:2832
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Fire & Marine Insurance Co ROIC % Calculation

Taiwan Fire & Marine Insurance 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
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=0 * ( 1 - 18.99% )/( (20145.7757 + 21130.8524)/ 2 )
=0/20638.31405
=0.00 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=24909.836 - 1349.369 - ( 3778.443 - 5% * 7275.034 )
=20145.7757

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=25619.685 - 1583.383 - ( 3270.25 - 5% * 7296.008 )
=21130.8524

Taiwan Fire & Marine Insurance 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
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0 * ( 1 - 20.28% )/( (21049.1154 + 20856.80895)/ 2 )
=0/20952.962175
=0.00 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=26450.932 - 2694.249 - ( 2803.983 - 5% * 1928.308 )
=21049.1154

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=25619.685 - 1583.383 - ( 3270.25 - 5% * 1815.139 )
=20856.80895

Note: The EBIT 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 0.00% mean?
Taiwan Fire & Marine Insurance Co (TPE:2832) has a ROIC % of 0.00% 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 Taiwan Fire & Marine Insurance Co and its competitors.
Is Taiwan Fire & Marine Insurance Co's ROIC % too high?
Taiwan Fire & Marine Insurance Co's current ROIC % is 0.00%. Overall, Taiwan Fire & Marine Insurance Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Fire & Marine Insurance Co's ROIC % compare to CB and PGR?
Taiwan Fire & Marine Insurance Co's ROIC % of 0.00% can be compared against companies in the Insurance industry. The industry median ROIC % is 3.36. 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 Insurance company?
The median ROIC % among Insurance companies is 3.36, based on 372 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 Taiwan Fire & Marine Insurance Co and its competitors. For the Insurance industry, the median ROIC % is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Fire & Marine Insurance Co's current ROIC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Fire & Marine Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Fire & Marine Insurance Co (TPE:2832) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.10, compared to a current price of NT$55.50 — trading 35% above its estimated fair value. The current ROIC % is 0.00%. Taiwan Fire & Marine Insurance Co's overall GF Score™ is 69/100 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 Taiwan Fire & Marine Insurance Co (TPE:2832), the current ROIC % is 0.00% 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 Taiwan Fire & Marine Insurance Co (TPE:2832) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Fire & Marine Insurance Co stock appears to be overvalued. The current stock price of NT$55.50 is trading 35% above its estimated GF Value™ of NT$41.10. GuruFocus considers Taiwan Fire & Marine Insurance Co to be Significantly Overvalued.

Key valuation signals for TPE:2832:

  • ROIC %: 0.00%
  • GF Value™: NT$41.10 vs. price of NT$55.50 (35% above fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the TPE:2832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Fire & Marine Insurance Co Business Description

Address No. 49, Guanqian Road, 8th Floor, Zhongzheng District, Taipei, TWN, 100
Taiwan Fire & Marine Insurance Co Ltd is a non-life insurer. The products offered by the Company include aviation insurance, fire insurance, marine insurance, casualty insurance, automobile insurance, as well as the reinsurances for the abovementioned insurances.
69GF Score

Get the complete analysis for TPE:2832

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

NT$55.50
Price
NT$41.10
GF Value