Vate Technology (ROCO:5344) ROA %: 0.01% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:5344 Vate Technology Corp Ltd ROCO:5344
64 GF Score
Price NT$16.20
GF Value NT$20.22
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Vate Technology ROA %?

Vate Technology ROCO:5344 +3.18% 64 ROA % is 0.01% as of Dec. 2025. GuruFocus rates ROCO:5344 with a GF Score™ of 64/100 and a GF Value™ of NT$20.22 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,028 Semiconductors companies, Vate Technology ranks worse than 76.65% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vate Technology's annualized Net Income for the quarter that ended in Dec. 2025 was NT$0.1 Mil. Vate Technology's average Total Assets over the quarter that ended in Dec. 2025 was NT$623.7 Mil. Therefore, Vate Technology's annualized ROA % for the quarter that ended in Dec. 2025 was 0.01%.

The historical rank and industry rank for Vate Technology's ROA % or its related term are showing as below:

ROCO:5344' s ROA % Range Over the Past 10 Years
Min: -9.73   Med: -3.77   Max: 9
Current: -4.95

During the past 13 years, Vate Technology's highest ROA % was 9.00%. The lowest was -9.73%. And the median was -3.77%.

ROCO:5344's ROA % is ranked worse than
76.65% of 1028 companies
in the Semiconductors industry
Industry Median: 2.465 vs ROCO:5344: -4.95

Vate Technology  (ROCO:5344) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=0.06/623.707
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.06 / 375.22)*(375.22 / 623.707)
=Net Margin %*Asset Turnover
=0.02 %*0.6016
=0.01 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Vate Technology ROA % Related Terms


Vate Technology ROA % Historical Data

* Premium members only.

The historical data trend for Vate Technology's ROA % 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 ROA % Chart

Vate Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 -2.72 1.36 6.88 -4.81

Vate Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROA % 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 4.75 -6.06 -9.47 -4.43 0.01

ROCO:5344 vs NVDA, AVGO, MU: ROA % Comparison

For the Semiconductors subindustry, Vate Technology's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vate Technology's ROA % distribution charts can be found below:

* The bar in red indicates where Vate Technology's ROA % falls into.


ROCO:5344
64GF Score
Vate Technology Corp Ltd ROCO:5344
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vate Technology ROA % Calculation

Vate Technology's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-31.116/( (657.433+635.446)/ 2 )
=-31.116/646.4395
=-4.81 %

Vate Technology's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=0.06/( (611.968+635.446)/ 2 )
=0.06/623.707
=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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 0.01% mean?
Vate Technology (ROCO:5344) has a ROA % of 0.01% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vate Technology and its competitors. According to the industry distribution chart, Vate Technology ranks #788 out of 1028 companies in the Semiconductors industry, placing it in the top 76.7%.
Is Vate Technology's ROA % too high?
Vate Technology's current ROA % is 0.01%. The Semiconductors industry median ROA % is 2.47. Vate Technology's value of 0.01% is 99.6% below this industry median. Based on the distribution chart, Vate Technology ranks #788 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Vate Technology has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vate Technology's ROA % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Vate Technology ranks #788 out of 1028 companies for ROA %. This places Vate Technology in the lower half of its industry. The industry median ROA % is 2.47. Vate Technology's value of 0.01% is 99.6% 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 ROA % for a Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vate Technology's current ROA % of 0.01% is 99.6% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vate Technology and its competitors. For the Semiconductors industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vate Technology's current ROA % 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$20.22, compared to a current price of NT$16.20 — trading 19.9% below its estimated fair value. The current ROA % is 0.01% and 99.6% below the Semiconductors industry median of 2.47. Vate Technology's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Vate Technology (ROCO:5344), the current ROA % 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$16.20 is trading 19.9% below its estimated GF Value™ of NT$20.22. GuruFocus considers Vate Technology to be Modestly Undervalued.

Key valuation signals for ROCO:5344:

  • ROA %: 0.01%
  • GF Value™: NT$20.22 vs. price of NT$16.20 (19.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 99.6% below the Semiconductors median (#788 of 1028)

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.
64GF Score

Get the complete analysis for ROCO:5344

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

NT$16.20
Price
NT$20.22
GF Value