Advance Materials (ROCO:3585) Goodwill: NT$0.0 Mil (As of Dec. 2025)

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ROCO:3585 Advance Materials Corp ROCO:3585
44 GF Score
Price NT$60.70
GF Value NT$8.93
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Advance Materials Goodwill?

Advance Materials ROCO:3585 -6.33% 44 Goodwill is NT$0.0 Mil as of Dec. 2025. GuruFocus rates ROCO:3585 with a GF Score™ of 44/100 and a GF Value™ of NT$8.93 (Significantly Overvalued). The stock has 3 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Advance Materials's goodwill for the quarter that ended in Dec. 2025 was NT$0.0 Mil.


Advance Materials  (ROCO:3585) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Advance Materials's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0/1250.361
=0.00

Advance Materials's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=0/1250.361
=0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Advance Materials Goodwill Related Terms


Advance Materials Goodwill Historical Data

* Premium members only.

The historical data trend for Advance Materials's Goodwill 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.

Advance Materials Goodwill Chart

Advance Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Advance Materials Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Goodwill 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
ROCO:3585
44GF Score
Advance Materials Corp ROCO:3585
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Advance Materials Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of NT$0.0 Mil mean?
Advance Materials (ROCO:3585) has a Goodwill of NT$0.0 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Advance Materials and its competitors.
Is Advance Materials' Goodwill too high?
Advance Materials' current Goodwill is NT$0.0 Mil. Overall, Advance Materials has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advance Materials' Goodwill compare to APH and GLW?
Advance Materials' Goodwill of NT$0.0 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Hardware company?
A good Goodwill depends on the Hardware industry context. However, Goodwill 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 Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Advance Materials and its competitors. Advance Materials's current Goodwill is NT$0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Materials stock overvalued right now?
Based on GuruFocus' analysis, Advance Materials (ROCO:3585) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.93, compared to a current price of NT$60.70 — trading 579.7% above its estimated fair value. The current Goodwill is NT$0.0 Mil. Advance Materials' overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Advance Materials (ROCO:3585), the current Goodwill is NT$0.0 Mil 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 Advance Materials (ROCO:3585) Overvalued in 2026?

Based on GuruFocus' analysis, Advance Materials stock appears to be overvalued. The current stock price of NT$60.70 is trading 579.7% above its estimated GF Value™ of NT$8.93. GuruFocus considers Advance Materials to be Significantly Overvalued.

Key valuation signals for ROCO:3585:

  • Goodwill: NT$0.0 Mil
  • GF Value™: NT$8.93 vs. price of NT$60.70 (579.7% above fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advance Materials Business Description

Address No.2 of 498 Lane, Luzhu Village, Taoyuan County, TWN
Advance Materials Corp is a professional supplier of electronic materials in Taiwan. Its products include Copper Clad Laminate, Liquid photo-imageable solder masks, Special Photoresist, FPC Materials related products, and Touch Panel Related Materials.
44GF Score

Get the complete analysis for ROCO:3585

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

NT$60.70
Price
NT$8.93
GF Value