Cipherlab Co (ROCO:6160) Research & Development: NT$169 Mil (TTM As of Dec. 2025)

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ROCO:6160 Cipherlab Co Ltd ROCO:6160
58 GF Score
Price NT$15.30
GF Value NT$20.30
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Cipherlab Co Research & Development?

Cipherlab Co ROCO:6160 +3.73% 58 Research & Development is NT$169 Mil as of Dec. 2025. GuruFocus rates ROCO:6160 with a GF Score™ of 58/100 and a GF Value™ of NT$20.30 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Cipherlab Co's Research & Development for the three months ended in Dec. 2025 was NT$48 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$169 Mil.

Cipherlab Co  (ROCO:6160) 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.

Cipherlab Co Research & Development Related Terms

Cipherlab Co Research & Development Historical Data

* Premium members only.

The historical data trend for Cipherlab 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.

Cipherlab Co Research & Development Chart

Cipherlab 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 157.86 147.33 188.13 217.99 168.52

Cipherlab Co 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 58.54 40.34 38.56 41.60 48.02
ROCO:6160
58GF Score
Cipherlab Co Ltd ROCO:6160
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Cipherlab 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$169 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$169 Mil mean?
Cipherlab Co (ROCO:6160) has a Research & Development of NT$169 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Cipherlab Co and its competitors.
Is Cipherlab Co's Research & Development too high?
Cipherlab Co's current Research & Development is NT$169 Mil. Overall, Cipherlab Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cipherlab Co's Research & Development compare to competitors?
Cipherlab Co's Research & Development of NT$169 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 Cipherlab Co and its competitors. Cipherlab Co's current Research & Development is NT$169 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cipherlab Co stock overvalued right now?
Based on GuruFocus' analysis, Cipherlab Co (ROCO:6160) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.30, compared to a current price of NT$15.30 — trading 24.6% below its estimated fair value. The current Research & Development is NT$169 Mil. Cipherlab Co's overall GF Score™ is 58/100 with 4 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 Cipherlab Co (ROCO:6160), the current Research & Development is NT$169 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 Cipherlab Co (ROCO:6160) Overvalued in 2026?

Based on GuruFocus' analysis, Cipherlab Co stock appears to be undervalued. The current stock price of NT$15.30 is trading 24.6% below its estimated GF Value™ of NT$20.30. GuruFocus considers Cipherlab Co to be Modestly Undervalued.

Key valuation signals for ROCO:6160:

  • Research & Development: NT$169 Mil
  • GF Value™: NT$20.30 vs. price of NT$15.30 (24.6% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the ROCO:6160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cipherlab Co Business Description

Address 333 Dunhua S. Road, 12th floor, Section 2, Taipei, TWN
Cipherlab Co Ltd specializes in manufacturing and selling various computer-related products, such as peripheral equipment, electronic cash registers, barcode scanners, magnetic card readers, electronic measuring instruments, and software programs. It also provides services for skincare products, import and export trade, and acts as domestic and foreign manufacturers' agents for distribution. In addition, the Company is involved in importing and manufacturing telecommunications control radio frequency equipment.
58GF Score

Get the complete analysis for ROCO:6160

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

NT$15.30
Price
NT$20.30
GF Value