Taiwan Wax Co (ROCO:1742) Scaled Net Operating Assets: 0.74 (As of Dec. 2025)

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ROCO:1742 Taiwan Wax Co Ltd ROCO:1742
51 GF Score
Price NT$16.40
GF Value NT$5.49
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Taiwan Wax Co Scaled Net Operating Assets?

Taiwan Wax Co ROCO:1742 +3.47% 51 Scaled Net Operating Assets is 0.74 as of Dec. 2025. GuruFocus rates ROCO:1742 with a GF Score™ of 51/100 and a GF Value™ of NT$5.49 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Taiwan Wax Co's operating assets for the quarter that ended in Dec. 2025 was NT$1,127.2 Mil. Taiwan Wax Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$47.4 Mil. Taiwan Wax Co's Total Assets for the quarter that ended in Sep. 2025 was NT$1,449.7 Mil. Therefore, Taiwan Wax Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.74.


Taiwan Wax Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Taiwan Wax Co's Scaled Net Operating Assets 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 Wax Co Scaled Net Operating Assets Chart

Taiwan Wax Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 0.99 1.35 0.42 0.59

Taiwan Wax Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Scaled Net Operating Assets 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 0.82 0.74 0.62 0.73 0.75

ROCO:1742 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Taiwan Wax Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Wax Co Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Taiwan Wax Co's Scaled Net Operating Assets falls into.


ROCO:1742
51GF Score
Taiwan Wax Co Ltd ROCO:1742
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Wax Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Taiwan Wax Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1127.234-47.421)/1846.9
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1434.821 - 307.587
=1127.234

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=143.453 - 84.947 - 11.085
=47.421

Taiwan Wax Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(1127.234-47.421)/1449.694
=0.74

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1434.821 - 307.587
=1127.234

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=143.453 - 84.947 - 11.085
=47.421

* 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.

What does a Scaled Net Operating Assets of 0.74 mean?
Taiwan Wax Co (ROCO:1742) has a Scaled Net Operating Assets of 0.74 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Taiwan Wax Co and its competitors.
Is Taiwan Wax Co's Scaled Net Operating Assets too high?
Taiwan Wax Co's current Scaled Net Operating Assets is 0.74. Overall, Taiwan Wax Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Wax Co's Scaled Net Operating Assets compare to LIN and SHW?
Taiwan Wax Co's Scaled Net Operating Assets of 0.74 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Taiwan Wax Co and its competitors. Taiwan Wax Co's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Wax Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Wax Co (ROCO:1742) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.49, compared to a current price of NT$16.40 — trading 198.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.74. Taiwan Wax Co's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Taiwan Wax Co (ROCO:1742), the current Scaled Net Operating Assets is 0.74 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 Wax Co (ROCO:1742) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Wax Co stock appears to be overvalued. The current stock price of NT$16.40 is trading 198.7% above its estimated GF Value™ of NT$5.49. GuruFocus considers Taiwan Wax Co to be Significantly Overvalued.

Key valuation signals for ROCO:1742:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: NT$5.49 vs. price of NT$16.40 (198.7% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the ROCO:1742 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Wax Co Business Description

Address Zhongshan South Road, 3rd Floor, No. 610, Section 2, Dayuan District, Taoyuan, TWN
Taiwan Wax Co Ltd is engaged in manufacturing, trading, importing, and exporting various wax raw materials and finished products, trading optoelectronic equipment, trading aquatic products, and providing brokerage services. The company derives revenue from sales of merchandise derived from sales of aquatic products, optoelectronic equipment, and various finished wax products.
51GF Score

Get the complete analysis for ROCO:1742

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$16.40
Price
NT$5.49
GF Value