Penpower Technology (ROCO:5211) Research & Development: NT$28.3 Mil (TTM As of Dec. 2025)


ROCO:5211 Penpower Technology Ltd ROCO:5211
67 GF Score
Price NT$22.20
GF Value NT$36.70
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Penpower Technology Research & Development?

Penpower Technology ROCO:5211 67 Research & Development is NT$28.3 Mil as of Dec. 2025. GuruFocus rates ROCO:5211 with a GF Score™ of 67/100 and a GF Value™ of NT$36.70 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Penpower Technology's Research & Development for the three months ended in Dec. 2025 was NT$6.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$28.3 Mil.

Penpower Technology  (ROCO:5211) 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.

Penpower Technology Research & Development Related Terms

Penpower Technology Research & Development Historical Data

* Premium members only.

The historical data trend for Penpower Technology'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.

Penpower Technology Research & Development Chart

Penpower Technology 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 46.52 34.36 32.92 30.93 28.26

Penpower Technology 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 7.51 8.20 7.01 6.66 6.40
ROCO:5211
67GF Score
Penpower Technology Ltd ROCO:5211
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Penpower Technology 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$28.3 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$28.3 Mil mean?
Penpower Technology (ROCO:5211) has a Research & Development of NT$28.3 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Penpower Technology and its competitors.
Is Penpower Technology's Research & Development too high?
Penpower Technology's current Research & Development is NT$28.3 Mil. Overall, Penpower Technology has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Penpower Technology's Research & Development compare to UBER and SHOP?
Penpower Technology's Research & Development of NT$28.3 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 Penpower Technology and its competitors. Penpower Technology's current Research & Development is NT$28.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penpower Technology stock overvalued right now?
Based on GuruFocus' analysis, Penpower Technology (ROCO:5211) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$36.70, compared to a current price of NT$22.20 — trading 39.5% below its estimated fair value. The current Research & Development is NT$28.3 Mil. Penpower Technology's overall GF Score™ is 67/100 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 Penpower Technology (ROCO:5211), the current Research & Development is NT$28.3 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 Penpower Technology (ROCO:5211) Overvalued in 2026?

Based on GuruFocus' analysis, Penpower Technology stock appears to be undervalued. The current stock price of NT$22.20 is trading 39.5% below its estimated GF Value™ of NT$36.70. GuruFocus considers Penpower Technology to be Significantly Undervalued.

Key valuation signals for ROCO:5211:

  • Research & Development: NT$28.3 Mil
  • GF Value™: NT$36.70 vs. price of NT$22.20 (39.5% below fair value)
  • GF Score™: 67/100 with 1 warning sign

No single metric tells the full story. See the ROCO:5211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Penpower Technology Business Description

Address Guangfu Road, Section 2, 7th Floor, No.47, Lane 2, Hsinchu, TWN, 30071
Penpower Technology Ltd is a smart human-machine interface core technology research and development company. The company is engaged in the manufacturing and distribution of software products. It offers products based on its handwriting recognition, voice recognition, optical character recognition, business card recognition, biometrics recognition, and security technologies. The technologies serve different industries such as PC, mobile devices, communication transmission, internet, and information appliances. It has operations in Hong Kong, Singapore, China, and the United States.
67GF Score

Get the complete analysis for ROCO:5211

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

NT$22.20
Price
NT$36.70
GF Value