Eclat Forever Machinery Co (ROCO:3485) Research & Development: NT$12.2 Mil (TTM 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.

ROCO:3485 Eclat Forever Machinery Co Ltd ROCO:3485
60 GF Score
Price NT$263.00
GF Value NT$57.70
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Eclat Forever Machinery Co Research & Development?

Eclat Forever Machinery Co ROCO:3485 -5.40% 60 Research & Development is NT$12.2 Mil as of Dec. 2025. GuruFocus rates ROCO:3485 with a GF Score™ of 60/100 and a GF Value™ of NT$57.70 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Eclat Forever Machinery Co's Research & Development for the three months ended in Dec. 2025 was NT$6.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$12.2 Mil.

Eclat Forever Machinery Co  (ROCO:3485) 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.

Eclat Forever Machinery Co Research & Development Related Terms

Eclat Forever Machinery Co Research & Development Historical Data

* Premium members only.

The historical data trend for Eclat Forever Machinery Co'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.

Eclat Forever Machinery Co Research & Development Chart

Eclat Forever Machinery Co 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 24.23 28.09 23.14 23.37 23.20

Eclat Forever Machinery Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 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 4.72 6.90 0.00 6.08 6.13
ROCO:3485
60GF Score
Eclat Forever Machinery Co Ltd ROCO:3485
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eclat Forever Machinery Co 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$12.2 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$12.2 Mil mean?
Eclat Forever Machinery Co (ROCO:3485) has a Research & Development of NT$12.2 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Eclat Forever Machinery Co and its competitors.
Is Eclat Forever Machinery Co's Research & Development too high?
Eclat Forever Machinery Co's current Research & Development is NT$12.2 Mil. Overall, Eclat Forever Machinery Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eclat Forever Machinery Co's Research & Development compare to GEV and ETN?
Eclat Forever Machinery Co's Research & Development of NT$12.2 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Eclat Forever Machinery Co and its competitors. Eclat Forever Machinery Co's current Research & Development is NT$12.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eclat Forever Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Eclat Forever Machinery Co (ROCO:3485) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$57.70, compared to a current price of NT$263.00 — trading 355.8% above its estimated fair value. The current Research & Development is NT$12.2 Mil. Eclat Forever Machinery Co's overall GF Score™ is 60/100 with 3 warning signs 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 Eclat Forever Machinery Co (ROCO:3485), the current Research & Development is NT$12.2 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 Eclat Forever Machinery Co (ROCO:3485) Overvalued in 2026?

Based on GuruFocus' analysis, Eclat Forever Machinery Co stock appears to be overvalued. The current stock price of NT$263.00 is trading 355.8% above its estimated GF Value™ of NT$57.70. GuruFocus considers Eclat Forever Machinery Co to be Significantly Overvalued.

Key valuation signals for ROCO:3485:

  • Research & Development: NT$12.2 Mil
  • GF Value™: NT$57.70 vs. price of NT$263.00 (355.8% above fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Eclat Forever Machinery Co Business Description

Address No. 16, Lane 760, Jiadong Road, Bade District, Taoyuan, TWN, 33466
Eclat Forever Machinery Co Ltd is a Taiwan-based company specializing in making touch panels, liquid crystal displays (LCD), plasma display panels (PDP), printed circuit boards (PCB), and other related production equipment. The company offers products has applications in various industries.
60GF Score

Get the complete analysis for ROCO:3485

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

NT$263.00
Price
NT$57.70
GF Value