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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Sino-American Silicon Products's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 4.75%.
As of today (2026-07-24), Sino-American Silicon Products's WACC % is 1.11%. Sino-American Silicon Products's ROC % is 3.75% (calculated using TTM income statement data).
Sino-American Silicon Products generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Sino-American Silicon Products's WACC % is 1.11%. Sino-American Silicon Products's ROC % is 3.75% (calculated using TTM income statement data).
Sino-American Silicon Products generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.
Sino-American Silicon Products ROC % Related Terms
Sino-American Silicon Products ROC % Historical 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.
Note:
The Operating Income data used here is four times the quarterly (Dec. 2025) data.
The tax rate is limited to between 0% and 100%.
* 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.
Sino-American Silicon Products (LUX:SIAMS) has a ROC % of 4.75% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Sino-American Silicon Products and its competitors.
Is Sino-American Silicon Products' ROC % too high?
Sino-American Silicon Products' current ROC % is 4.75%. The Semiconductors industry median ROC % is 3.77. Sino-American Silicon Products' value of 4.75% is 26% above this industry median. Overall, Sino-American Silicon Products has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Sino-American Silicon Products' ROC % compare to AMAT and LRCX?
Sino-American Silicon Products' ROC % of 4.75% can be compared against companies in the Semiconductors industry. The industry median ROC % is 3.77. Sino-American Silicon Products' value of 4.75% is 26% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Semiconductors company?
The median ROC % among Semiconductors companies is 3.77, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sino-American Silicon Products's current ROC % of 4.75% is 26% above 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Sino-American Silicon Products and its competitors. For the Semiconductors industry, the median ROC % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino-American Silicon Products's current ROC % is 4.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino-American Silicon Products stock overvalued right now?
Sino-American Silicon Products (LUX:SIAMS) has a current ROC % of 4.75%. The stock's GF Value™ is $4.59, compared to a current price of $7.15 — trading 55.8% above its estimated fair value. The current ROC % is 4.75% and 26% above the Semiconductors industry median of 3.77. Sino-American Silicon Products' overall GF Score™ is 77/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Sino-American Silicon Products (LUX:SIAMS), the current ROC % is 4.75% 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 Sino-American Silicon Products (LUX:SIAMS) Overvalued in 2026?
Based on GuruFocus' analysis, Sino-American Silicon Products stock appears to be overvalued.
The current stock price of $7.15 is trading 55.8% above its estimated GF Value™ of $4.59.
Key valuation signals for LUX:SIAMS:
ROC %: 4.75%
GF Value™: $4.59 vs. price of $7.15 (55.8% above fair value)
Industry Position: 26% above the Semiconductors median
No single metric tells the full story. See the LUX:SIAMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sino-American Silicon Products Business Description
Founded in 1981, Sino-American Silicon Products Inc. is a holding company specializing in the semiconductor industry. Its crown jewel is its 46.64% stake in silicon wafer producer GlobalWafers, which was carved out in 2011. GlobalWafers runs 18 production sites in nine countries across Asia, North America, and Europe. Other notable investments include Advanced Wireless Semiconductor Company, Actron Technology, and Taiwan Specialty Materials. SAS started selling renewable energy to power grids in October 2022. SAS is headquartered in Hsinchu, Taiwan. SAS employs about 8,000 people through its subsidiaries. Through GlobalWafers, SAS had nearly 17% market share in silicon wafers in 2025.
77GF Score
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