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.
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.
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Asti Holdings's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 0.00%.
As of today (2026-08-12), Asti Holdings's WACC % is 14.70%. Asti Holdings's ROC % is 1.36% (calculated using TTM income statement data).
Asti Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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, Asti Holdings's WACC % is 14.70%. Asti Holdings's ROC % is 1.36% (calculated using TTM income statement data).
Asti Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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.
Asti Holdings ROC % Related Terms
Asti Holdings ROC % Historical Data
* Premium members only.
The historical data trend for Asti Holdings's ROC % 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.
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.
Asti Holdings (SGX:575) has a ROC % of 0.00% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Asti Holdings and its competitors.
Is Asti Holdings' ROC % too high?
Asti Holdings' current ROC % is 0.00%. Overall, Asti Holdings has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asti Holdings' ROC % compare to AMAT and LRCX?
Asti Holdings' ROC % of 0.00% can be compared against companies in the Semiconductors industry. The industry median ROC % is 3.98. 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 3.98, based on 1,013 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. 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 Asti Holdings and its competitors. For the Semiconductors industry, the median ROC % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asti Holdings's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asti Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asti Holdings (SGX:575) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.14 — trading 1280% above its estimated fair value. The current ROC % is 0.00%. Asti Holdings' overall GF Score™ is 34/100 with 4 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 Asti Holdings (SGX:575), the current ROC % is 0.00% 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 Asti Holdings (SGX:575) Overvalued in 2026?
Based on GuruFocus' analysis, Asti Holdings stock appears to be overvalued.
The current stock price of S$0.14 is trading 1280% above its estimated GF Value™ of S$0.01.
GuruFocus considers Asti Holdings to be Significantly Overvalued.
Key valuation signals for SGX:575:
ROC %: 0.00%
GF Value™: S$0.01 vs. price of S$0.14 (1280% above fair value)
No single metric tells the full story. See the SGX:575 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asti Holdings Ltd is an investment holding company. The Group focuses on high-growth opportunities in the semiconductor and modern technology sectors and owns one of the world's vast Semiconductor Manufacturing Services Providers, serving world-wide OEMs, contract manufacturers, and component distributors with Tape & Reel packaging, tape making, and IC programming services.
34GF Score
Get the complete analysis for SGX:575
ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:575 has been successfully added to your 
