Keystone Microtech (ROCO:6683) Research & Development: NT$270 Mil (TTM As of Dec. 2025)

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ROCO:6683 Keystone Microtech Corp ROCO:6683
79 GF Score
Price NT$1,350.00
GF Value NT$486.03
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Keystone Microtech Research & Development?

Keystone Microtech ROCO:6683 -8.16% 79 Research & Development is NT$270 Mil as of Dec. 2025. GuruFocus rates ROCO:6683 with a GF Score™ of 79/100 and a GF Value™ of NT$486.03 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Keystone Microtech's Research & Development for the three months ended in Dec. 2025 was NT$87 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$270 Mil.

Keystone Microtech  (ROCO:6683) 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.

Keystone Microtech Research & Development Related Terms

Keystone Microtech Research & Development Historical Data

* Premium members only.

The historical data trend for Keystone Microtech'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.

Keystone Microtech Research & Development Chart

Keystone Microtech 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 183.39 196.30 166.12 248.47 269.98

Keystone Microtech 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 93.37 65.96 49.00 68.38 86.64
ROCO:6683
79GF Score
Keystone Microtech Corp ROCO:6683
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Keystone Microtech 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$270 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$270 Mil mean?
Keystone Microtech (ROCO:6683) has a Research & Development of NT$270 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Keystone Microtech and its competitors.
Is Keystone Microtech's Research & Development too high?
Keystone Microtech's current Research & Development is NT$270 Mil. Overall, Keystone Microtech has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keystone Microtech's Research & Development compare to AMAT and LRCX?
Keystone Microtech's Research & Development of NT$270 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Keystone Microtech and its competitors. Keystone Microtech's current Research & Development is NT$270 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Microtech stock overvalued right now?
Based on GuruFocus' analysis, Keystone Microtech (ROCO:6683) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$486.03, compared to a current price of NT$1,350.00 — trading 177.8% above its estimated fair value. The current Research & Development is NT$270 Mil. Keystone Microtech's overall GF Score™ is 79/100 with 2 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 Keystone Microtech (ROCO:6683), the current Research & Development is NT$270 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 Keystone Microtech (ROCO:6683) Overvalued in 2026?

Based on GuruFocus' analysis, Keystone Microtech stock appears to be overvalued. The current stock price of NT$1,350.00 is trading 177.8% above its estimated GF Value™ of NT$486.03. GuruFocus considers Keystone Microtech to be Significantly Overvalued.

Key valuation signals for ROCO:6683:

  • Research & Development: NT$270 Mil
  • GF Value™: NT$486.03 vs. price of NT$1,350.00 (177.8% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Keystone Microtech Business Description

Address No. 33, Huanke 1st Road, 9th Floor-2, Hsinchu County, Zhubei, TWN, 302047
Keystone Microtech Corp operates as a semiconductor device manufacturing company. The company is mainly an important operating department engaged in the manufacture and sale of various circuit testing solutions for semiconductors, including IC front-end test solutions (probe cards and substrates), IC back-end test solutions (load boards and burn-in boards), and other related testing boards. Geographically, it operates in Taiwan and other regions, out of which the majority of its revenue is derived from Taiwan.
79GF Score

Get the complete analysis for ROCO:6683

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

NT$1,350.00
Price
NT$486.03
GF Value