Vate Technology (ROCO:5344) Return-on-Tangible-Equity: 0.01% (As of Dec. 2025)

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ROCO:5344 Vate Technology Corp Ltd ROCO:5344
65 GF Score
Price NT$14.80
GF Value NT$20.26
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Vate Technology Return-on-Tangible-Equity?

Vate Technology ROCO:5344 65 Return-on-Tangible-Equity is 0.01% as of Dec. 2025. GuruFocus rates ROCO:5344 with a GF Score™ of 65/100 and a GF Value™ of NT$20.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 985 Semiconductors companies, Vate Technology ranks worse than 75.43% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Vate Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$0.1 Mil. Vate Technology's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$502.0 Mil. Therefore, Vate Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.01%.

The historical rank and industry rank for Vate Technology's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:5344' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.59   Med: -4.71   Max: 11.65
Current: -6.06

During the past 13 years, Vate Technology's highest Return-on-Tangible-Equity was 11.65%. The lowest was -10.59%. And the median was -4.71%.

ROCO:5344's Return-on-Tangible-Equity is ranked worse than
75.43% of 985 companies
in the Semiconductors industry
Industry Median: 5.31 vs ROCO:5344: -6.06

Vate Technology  (ROCO:5344) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Vate Technology Return-on-Tangible-Equity Related Terms


Vate Technology Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Vate Technology's Return-on-Tangible-Equity 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.

Vate Technology Return-on-Tangible-Equity Chart

Vate Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.65 -3.41 1.65 8.41 -6.01

Vate Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity 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 5.76 -7.36 -11.35 -5.36 0.01

ROCO:5344 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison

For the Semiconductors subindustry, Vate Technology's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vate Technology Return-on-Tangible-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vate Technology's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Vate Technology's Return-on-Tangible-Equity falls into.


ROCO:5344
65GF Score
Vate Technology Corp Ltd ROCO:5344
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vate Technology Return-on-Tangible-Equity Calculation

Vate Technology's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-31.116/( (533.075+501.959 )/ 2 )
=-31.116/517.517
=-6.01 %

Vate Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=0.06/( (501.944+501.959)/ 2 )
=0.06/501.9515
=0.01 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.01% mean?
Vate Technology (ROCO:5344) has a Return-on-Tangible-Equity of 0.01% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vate Technology and its competitors. According to the industry distribution chart, Vate Technology ranks #743 out of 985 companies in the Semiconductors industry, placing it in the top 75.4%.
Is Vate Technology's Return-on-Tangible-Equity too high?
Vate Technology's current Return-on-Tangible-Equity is 0.01%. The Semiconductors industry median Return-on-Tangible-Equity is 5.31. Vate Technology's value of 0.01% is 99.8% below this industry median. Based on the distribution chart, Vate Technology ranks #743 out of 985 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Vate Technology has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vate Technology's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Vate Technology ranks #743 out of 985 companies for Return-on-Tangible-Equity. This places Vate Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.31. Vate Technology's value of 0.01% is 99.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vate Technology's current Return-on-Tangible-Equity of 0.01% is 99.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vate Technology and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vate Technology's current Return-on-Tangible-Equity is 0.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vate Technology stock overvalued right now?
Based on GuruFocus' analysis, Vate Technology (ROCO:5344) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.26, compared to a current price of NT$14.80 — trading 26.9% below its estimated fair value. The current Return-on-Tangible-Equity is 0.01% and 99.8% below the Semiconductors industry median of 5.31. Vate Technology's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Vate Technology (ROCO:5344), the current Return-on-Tangible-Equity is 0.01% 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 Vate Technology (ROCO:5344) Overvalued in 2026?

Based on GuruFocus' analysis, Vate Technology stock appears to be undervalued. The current stock price of NT$14.80 is trading 26.9% below its estimated GF Value™ of NT$20.26. GuruFocus considers Vate Technology to be Modestly Undervalued.

Key valuation signals for ROCO:5344:

  • Return-on-Tangible-Equity: 0.01%
  • GF Value™: NT$20.26 vs. price of NT$14.80 (26.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 99.8% below the Semiconductors median (#743 of 985)

No single metric tells the full story. See the ROCO:5344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vate Technology Business Description

Address No. 9, Lixing 5th Road, Science-Based Industrial Park, Hsinchu, TWN
Vate Technology Corp Ltd is engaged in providing integrated circuit chip testing services and the trading of lighting equipment and fixtures. The company's services include CP testing service, FT Testing Service, SLT Testing Service, CIS Testing Service, and Back End Service. It operates in single segment of testing and processing of electronic components and the sales of lighting fixtures, using testing equipment to provide IC and wafer testing services and LED lighting fixture sales and installation services. Geographically it operates in Taiwan.
65GF Score

Get the complete analysis for ROCO:5344

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$14.80
Price
NT$20.26
GF Value