Universal Microwave Technology (ROCO:3491) ROCE %: 30.38% (As of Dec. 2025)

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ROCO:3491 Universal Microwave Technology Inc ROCO:3491
70 GF Score
Price NT$1,220.00
GF Value NT$497.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Universal Microwave Technology ROCE %?

Universal Microwave Technology ROCO:3491 -9.96% 70 ROCE % is 30.38% as of Dec. 2025. GuruFocus rates ROCO:3491 with a GF Score™ of 70/100 and a GF Value™ of NT$497.07 (Significantly Overvalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Universal Microwave Technology's annualized ROCE % for the quarter that ended in Dec. 2025 was 30.38%.

Universal Microwave Technology  (ROCO:3491) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Universal Microwave Technology ROCE % Related Terms

Universal Microwave Technology ROCE % Historical Data

* Premium members only.

The historical data trend for Universal Microwave Technology's ROCE % 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.

Universal Microwave Technology ROCE % Chart

Universal Microwave Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.43 17.22 12.22 25.17 17.94

Universal Microwave Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROCE % 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 23.72 22.25 10.11 14.45 30.38
ROCO:3491
70GF Score
Universal Microwave Technology Inc ROCO:3491
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Universal Microwave Technology ROCE % Calculation

Universal Microwave Technology's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=657.841/( ( (4283.279 - 775.72) + (5195.292 - 1368.144) )/ 2 )
=657.841/( (3507.559+3827.148)/ 2 )
=657.841/3667.3535
=17.94 %

Universal Microwave Technology's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=1085.268/( ( (4090.55 - 772.917) + (5195.292 - 1368.144) )/ 2 )
=1085.268/( ( 3317.633 + 3827.148 )/ 2 )
=1085.268/3572.3905
=30.38 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 30.38% mean?
Universal Microwave Technology (ROCO:3491) has a ROCE % of 30.38% as of Dec. 2025.
Is Universal Microwave Technology's ROCE % too high?
Universal Microwave Technology's current ROCE % is 30.38%. The Hardware industry median ROCE % is 5.90. Universal Microwave Technology's value of 30.38% is 414.9% above this industry median. Overall, Universal Microwave Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Universal Microwave Technology's ROCE % compare to CSCO and CIEN?
Universal Microwave Technology's ROCE % of 30.38% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.90. Universal Microwave Technology's value of 30.38% is 414.9% 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 ROCE % for a Hardware company?
The median ROCE % among Hardware companies is 5.90, based on 2,451 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Microwave Technology's current ROCE % of 30.38% is 414.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Microwave Technology's current ROCE % is 30.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Microwave Technology stock overvalued right now?
Based on GuruFocus' analysis, Universal Microwave Technology (ROCO:3491) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$497.07, compared to a current price of NT$1,220.00 — trading 145.4% above its estimated fair value. The current ROCE % is 30.38% and 414.9% above the Hardware industry median of 5.90. Universal Microwave Technology's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Universal Microwave Technology (ROCO:3491), the current ROCE % is 30.38% 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 Universal Microwave Technology (ROCO:3491) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Microwave Technology stock appears to be overvalued. The current stock price of NT$1,220.00 is trading 145.4% above its estimated GF Value™ of NT$497.07. GuruFocus considers Universal Microwave Technology to be Significantly Overvalued.

Key valuation signals for ROCO:3491:

  • ROCE %: 30.38%
  • GF Value™: NT$497.07 vs. price of NT$1,220.00 (145.4% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 414.9% above the Hardware median

No single metric tells the full story. See the ROCO:3491 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Universal Microwave Technology Business Description

Address No 1 Gongjian Road, Qidu District, Keelung, TWN, 206
Universal Microwave Technology Inc is engaged in the design, research, development, and manufacturing of Low Earth Orbit satellites and high-frequency microwave communication components. Its segments include Microwave / Millimeter Wave Products, Radio Frequency Products, and Communication Network Engineering Services. It derives the majority of revenue from Microwave / Millimeter Wave Products.
70GF Score

Get the complete analysis for ROCO:3491

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

NT$1,220.00
Price
NT$497.07
GF Value