PixArt Imaging (ROCO:3227) Research & Development: NT$2,687 Mil (TTM As of Dec. 2025)

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ROCO:3227 PixArt Imaging Inc ROCO:3227
74 GF Score
Price NT$182.50
GF Value NT$236.47
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PixArt Imaging Research & Development?

PixArt Imaging ROCO:3227 +2.53% 74 Research & Development is NT$2,687 Mil as of Dec. 2025. GuruFocus rates ROCO:3227 with a GF Score™ of 74/100 and a GF Value™ of NT$236.47 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PixArt Imaging's Research & Development for the three months ended in Dec. 2025 was NT$702 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,687 Mil.

PixArt Imaging  (ROCO:3227) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

PixArt Imaging Research & Development Related Terms

PixArt Imaging Research & Development Historical Data

* Premium members only.

The historical data trend for PixArt Imaging's Research & Development 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.

PixArt Imaging Research & Development Chart

PixArt Imaging Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,170.27 1,911.66 1,805.94 2,423.28 2,687.24

PixArt Imaging Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Research & Development 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 679.12 680.62 608.62 696.43 701.57
ROCO:3227
74GF Score
PixArt Imaging Inc ROCO:3227
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PixArt Imaging Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2,687 Mil.

* 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 Research & Development →
What does a Research & Development of NT$2,687 Mil mean?
PixArt Imaging (ROCO:3227) has a Research & Development of NT$2,687 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on PixArt Imaging and its competitors.
Is PixArt Imaging's Research & Development too high?
PixArt Imaging's current Research & Development is NT$2,687 Mil. Overall, PixArt Imaging has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PixArt Imaging's Research & Development compare to NVDA and AVGO?
PixArt Imaging's Research & Development of NT$2,687 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Semiconductors company?
A good Research & Development depends on the Semiconductors industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on PixArt Imaging and its competitors. PixArt Imaging's current Research & Development is NT$2,687 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PixArt Imaging stock overvalued right now?
Based on GuruFocus' analysis, PixArt Imaging (ROCO:3227) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$236.47, compared to a current price of NT$182.50 — trading 22.8% below its estimated fair value. The current Research & Development is NT$2,687 Mil. PixArt Imaging's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For PixArt Imaging (ROCO:3227), the current Research & Development is NT$2,687 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 PixArt Imaging (ROCO:3227) Overvalued in 2026?

Based on GuruFocus' analysis, PixArt Imaging stock appears to be undervalued. The current stock price of NT$182.50 is trading 22.8% below its estimated GF Value™ of NT$236.47. GuruFocus considers PixArt Imaging to be Modestly Undervalued.

Key valuation signals for ROCO:3227:

  • Research & Development: NT$2,687 Mil
  • GF Value™: NT$236.47 vs. price of NT$182.50 (22.8% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the ROCO:3227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PixArt Imaging Business Description

Address Innovation Road I, No. 5, 5th Floor, Hsinchu Science Park, Hsinchu, TWN
PixArt Imaging Inc manufactures and sells CMOS image sensors and related integrated circuits. It offers wired & wireless mouse sensors, PS2 mouse soc, USB mouse soc, laser mouse sensor, CMOS image sensor, PC-camera SoC, PC-camera controller, and others. Geographically, the company derives a majority of its revenue from Taiwan and Asia and other regions.
74GF Score

Get the complete analysis for ROCO:3227

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

NT$182.50
Price
NT$236.47
GF Value