Giga Solar Materials (ROCO:3691) ROCE %: 4.69% (As of Dec. 2025)


ROCO:3691 Giga Solar Materials Corp ROCO:3691
39 GF Score
Price NT$154.00
GF Value NT$101.42
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Giga Solar Materials ROCE %?

Giga Solar Materials ROCO:3691 +5.48% 39 ROCE % is 4.69% as of Dec. 2025. GuruFocus rates ROCO:3691 with a GF Score™ of 39/100 and a GF Value™ of NT$101.42 (Significantly Overvalued). The stock has 9 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. Giga Solar Materials's annualized ROCE % for the quarter that ended in Dec. 2025 was 4.69%.

Giga Solar Materials  (ROCO:3691) 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.

Giga Solar Materials ROCE % Related Terms

Giga Solar Materials ROCE % Historical Data

* Premium members only.

The historical data trend for Giga Solar Materials'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.

Giga Solar Materials ROCE % Chart

Giga Solar Materials 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 -4.14 -4.58 -11.46 -6.88 -6.21

Giga Solar Materials 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 -18.03 -3.66 -24.50 -1.53 4.69
ROCO:3691
39GF Score
Giga Solar Materials Corp ROCO:3691
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Giga Solar Materials ROCE % Calculation

Giga Solar Materials'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 )
=-644.215/( ( (12207.297 - 1838.364) + (12297.17 - 1923.805) )/ 2 )
=-644.215/( (10368.933+10373.365)/ 2 )
=-644.215/10371.149
=-6.21 %

Giga Solar Materials'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 )
=486.076/( ( (12137.854 - 1794.542) + (12297.17 - 1923.805) )/ 2 )
=486.076/( ( 10343.312 + 10373.365 )/ 2 )
=486.076/10358.3385
=4.69 %

(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 4.69% mean?
Giga Solar Materials (ROCO:3691) has a ROCE % of 4.69% as of Dec. 2025.
Is Giga Solar Materials' ROCE % too high?
Giga Solar Materials' current ROCE % is 4.69%. The Semiconductors industry median ROCE % is 4.81. Giga Solar Materials' value of 4.69% is 2.4% below this industry median. Overall, Giga Solar Materials has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Giga Solar Materials' ROCE % compare to FSLR and NXT?
Giga Solar Materials' ROCE % of 4.69% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Giga Solar Materials' value of 4.69% is 2.4% 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 ROCE % for a Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,016 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. Giga Solar Materials's current ROCE % of 4.69% is 2.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giga Solar Materials's current ROCE % is 4.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giga Solar Materials stock overvalued right now?
Based on GuruFocus' analysis, Giga Solar Materials (ROCO:3691) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$101.42, compared to a current price of NT$154.00 — trading 51.8% above its estimated fair value. The current ROCE % is 4.69% and 2.4% below the Semiconductors industry median of 4.81. Giga Solar Materials' overall GF Score™ is 39/100 with 9 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 Giga Solar Materials (ROCO:3691), the current ROCE % is 4.69% 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 Giga Solar Materials (ROCO:3691) Overvalued in 2026?

Based on GuruFocus' analysis, Giga Solar Materials stock appears to be overvalued. The current stock price of NT$154.00 is trading 51.8% above its estimated GF Value™ of NT$101.42. GuruFocus considers Giga Solar Materials to be Significantly Overvalued.

Key valuation signals for ROCO:3691:

  • ROCE %: 4.69%
  • GF Value™: NT$101.42 vs. price of NT$154.00 (51.8% above fair value)
  • GF Score™: 39/100 with 9 warning signs
  • Industry Position: 2.4% below the Semiconductors median

No single metric tells the full story. See the ROCO:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Giga Solar Materials Business Description

Address 122-18, Zhonghua Road, Hukou Township, Hsinchu County, Hukou Township, Hsinchu, TWN, 30351
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. Its product includes Conductive Paste for Photovoltaic Cells, Quality Assurance System for Conductive Paste, Solutions to Solar Energy Cells and Li-ion Battery Materials.
39GF Score

Get the complete analysis for ROCO:3691

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

NT$154.00
Price
NT$101.42
GF Value