OBI Pharma (ROCO:4174) Research & Development: NT$1,729.29 Mil (TTM As of Dec. 2025)

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ROCO:4174 OBI Pharma Inc ROCO:4174
43 GF Score
Price NT$29.45
GF Value NT$138.61
Valuation Possible Value Trap
! 9 Warning Signs
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What is OBI Pharma Research & Development?

OBI Pharma ROCO:4174 +3.70% 43 Research & Development is NT$1,729.29 Mil as of Dec. 2025. GuruFocus rates ROCO:4174 with a GF Score™ of 43/100 and a GF Value™ of NT$138.61 (Possible Value Trap). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. OBI Pharma's Research & Development for the three months ended in Dec. 2025 was NT$326.89 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,729.29 Mil.

OBI Pharma  (ROCO:4174) 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.

OBI Pharma Research & Development Related Terms

OBI Pharma Research & Development Historical Data

* Premium members only.

The historical data trend for OBI Pharma'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.

OBI Pharma Research & Development Chart

OBI Pharma 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 1,449.60 1,772.86 1,697.02 1,968.48 1,729.29

OBI Pharma 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 615.38 418.25 578.15 406.00 326.89
ROCO:4174
43GF Score
OBI Pharma Inc ROCO:4174
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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OBI Pharma 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$1,729.29 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$1,729.29 Mil mean?
OBI Pharma (ROCO:4174) has a Research & Development of NT$1,729.29 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on OBI Pharma and its competitors.
Is OBI Pharma's Research & Development too high?
OBI Pharma's current Research & Development is NT$1,729.29 Mil. Overall, OBI Pharma has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OBI Pharma's Research & Development compare to VRTX and REGN?
OBI Pharma's Research & Development of NT$1,729.29 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Research & Development depends on the Biotechnology 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 OBI Pharma and its competitors. OBI Pharma's current Research & Development is NT$1,729.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OBI Pharma stock overvalued right now?
Based on GuruFocus' analysis, OBI Pharma (ROCO:4174) is currently considered Possible Value Trap. The stock's GF Value™ is NT$138.61, compared to a current price of NT$29.45 — trading 78.8% below its estimated fair value. The current Research & Development is NT$1,729.29 Mil. OBI Pharma's overall GF Score™ is 43/100 with 9 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 OBI Pharma (ROCO:4174), the current Research & Development is NT$1,729.29 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 OBI Pharma (ROCO:4174) Overvalued in 2026?

Based on GuruFocus' analysis, OBI Pharma stock appears to be undervalued. The current stock price of NT$29.45 is trading 78.8% below its estimated GF Value™ of NT$138.61. GuruFocus considers OBI Pharma to be Possible Value Trap.

Key valuation signals for ROCO:4174:

  • Research & Development: NT$1,729.29 Mil
  • GF Value™: NT$138.61 vs. price of NT$29.45 (78.8% below fair value)
  • GF Score™: 43/100 with 9 warning signs

No single metric tells the full story. See the ROCO:4174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

OBI Pharma Business Description

Address Zhongxiao East Road, 6th Floor, No. 508, Section 7, Nangang District, Taipei, TWN, 115
OBI Pharma Inc is engaged in the research and development of novel therapeutic agents and biologics for patients with unmet medical needs. The company has three reportable segments: the anti-cancer new drug segment, the botulinum toxin new drug segment, and the CDMO segment. Geographically, it generates the majority of its revenue from Taiwan.
43GF Score

Get the complete analysis for ROCO:4174

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

NT$29.45
Price
NT$138.61
GF Value