Max Echo Technology (ROCO:5228) Research & Development: NT$27.9 Mil (TTM As of Dec. 2025)

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ROCO:5228 Max Echo Technology Corp ROCO:5228
40 GF Score
Price NT$41.60
GF Value NT$21.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Max Echo Technology Research & Development?

Max Echo Technology ROCO:5228 -4.48% 40 Research & Development is NT$27.9 Mil as of Dec. 2025. GuruFocus rates ROCO:5228 with a GF Score™ of 40/100 and a GF Value™ of NT$21.29 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Max Echo 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$27.9 Mil.

Max Echo Technology  (ROCO:5228) 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.

Max Echo Technology Research & Development Related Terms

Max Echo Technology Research & Development Historical Data

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The historical data trend for Max Echo 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.

Max Echo Technology Research & Development Chart

Max Echo 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 20.09 20.84 33.44 18.47 27.86

Max Echo 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 5.60 5.62 6.06 9.80 6.38
ROCO:5228
40GF Score
Max Echo Technology Corp ROCO:5228
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Max Echo 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$27.9 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$27.9 Mil mean?
Max Echo Technology (ROCO:5228) has a Research & Development of NT$27.9 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Max Echo Technology and its competitors.
Is Max Echo Technology's Research & Development too high?
Max Echo Technology's current Research & Development is NT$27.9 Mil. Overall, Max Echo Technology has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Max Echo Technology's Research & Development compare to APH and GLW?
Max Echo Technology's Research & Development of NT$27.9 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 Research & Development for a Hardware company?
A good Research & Development depends on the Hardware 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 Max Echo Technology and its competitors. Max Echo Technology's current Research & Development is NT$27.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Echo Technology stock overvalued right now?
Based on GuruFocus' analysis, Max Echo Technology (ROCO:5228) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$21.29, compared to a current price of NT$41.60 — trading 95.4% above its estimated fair value. The current Research & Development is NT$27.9 Mil. Max Echo Technology's overall GF Score™ is 40/100 with 6 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 Max Echo Technology (ROCO:5228), the current Research & Development is NT$27.9 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 Max Echo Technology (ROCO:5228) Overvalued in 2026?

Based on GuruFocus' analysis, Max Echo Technology stock appears to be overvalued. The current stock price of NT$41.60 is trading 95.4% above its estimated GF Value™ of NT$21.29. GuruFocus considers Max Echo Technology to be Significantly Overvalued.

Key valuation signals for ROCO:5228:

  • Research & Development: NT$27.9 Mil
  • GF Value™: NT$21.29 vs. price of NT$41.60 (95.4% above fair value)
  • GF Score™: 40/100 with 6 warning signs

No single metric tells the full story. See the ROCO:5228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Max Echo Technology Business Description

Address Number 15, Jingke East Road, Nantun District, Taichung, TWN, 408
Max Echo Technology Corp is a Taiwan-based company that manufactures and sells SMD multilayer inductors and beads. Its products include multilayer GHz high-frequency ferrite chip beads, multilayer ferrite chip beads, multilayer balun transformers, and multilayer power inductors.
40GF Score

Get the complete analysis for ROCO:5228

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

NT$41.60
Price
NT$21.29
GF Value