Advanced Micro-fabrication Equipment (SHSE:688012) ROCE %: 16.06% (As of Mar. 2026)


SHSE:688012 Advanced Micro-fabrication Equipment Inc SHSE:688012
86 GF Score
Price ¥434.51
GF Value ¥230.64
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Advanced Micro-fabrication Equipment ROCE %?

Advanced Micro-fabrication Equipment SHSE:688012 -7.86% 86 ROCE % is 16.06% as of Mar. 2026. GuruFocus rates SHSE:688012 with a GF Score™ of 86/100 and a GF Value™ of ¥230.64 (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. Advanced Micro-fabrication Equipment's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.06%.


Advanced Micro-fabrication Equipment  (SHSE:688012) 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.


Advanced Micro-fabrication Equipment ROCE % Related Terms


Advanced Micro-fabrication Equipment ROCE % Historical Data

* Premium members only.

The historical data trend for Advanced Micro-fabrication Equipment'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.

Advanced Micro-fabrication Equipment ROCE % Chart

Advanced Micro-fabrication Equipment 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 12.10 8.34 11.90 8.96 9.99

Advanced Micro-fabrication Equipment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.76 8.03 9.35 16.85 16.06
SHSE:688012
86GF Score
Advanced Micro-fabrication Equipment Inc SHSE:688012
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Micro-fabrication Equipment ROCE % Calculation

Advanced Micro-fabrication Equipment'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 )
=2208.779/( ( (26217.545 - 5633.847) + (29846.019 - 6201.977) )/ 2 )
=2208.779/( (20583.698+23644.042)/ 2 )
=2208.779/22113.87
=9.99 %

Advanced Micro-fabrication Equipment's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3925.08/( ( (29846.019 - 6201.977) + (31270.378 - 6035.25) )/ 2 )
=3925.08/( ( 23644.042 + 25235.128 )/ 2 )
=3925.08/24439.585
=16.06 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 16.06% mean?
Advanced Micro-fabrication Equipment (SHSE:688012) has a ROCE % of 16.06% as of Mar. 2026.
Is Advanced Micro-fabrication Equipment's ROCE % too high?
Advanced Micro-fabrication Equipment's current ROCE % is 16.06%. The Semiconductors industry median ROCE % is 4.84. Advanced Micro-fabrication Equipment's value of 16.06% is 231.8% above this industry median. Overall, Advanced Micro-fabrication Equipment has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro-fabrication Equipment's ROCE % compare to AMAT and LRCX?
Advanced Micro-fabrication Equipment's ROCE % of 16.06% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.84. Advanced Micro-fabrication Equipment's value of 16.06% is 231.8% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.84, based on 1,015 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. Advanced Micro-fabrication Equipment's current ROCE % of 16.06% is 231.8% 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 Semiconductors industry, the median ROCE % is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Micro-fabrication Equipment's current ROCE % is 16.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro-fabrication Equipment stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment (SHSE:688012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥230.64, compared to a current price of ¥434.51 — trading 88.4% above its estimated fair value. The current ROCE % is 16.06% and 231.8% above the Semiconductors industry median of 4.84. Advanced Micro-fabrication Equipment's overall GF Score™ is 86/100 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 Advanced Micro-fabrication Equipment (SHSE:688012), the current ROCE % is 16.06% as of Mar. 2026. 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 Advanced Micro-fabrication Equipment (SHSE:688012) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment stock appears to be overvalued. The current stock price of ¥434.51 is trading 88.4% above its estimated GF Value™ of ¥230.64. GuruFocus considers Advanced Micro-fabrication Equipment to be Significantly Overvalued.

Key valuation signals for SHSE:688012:

  • ROCE %: 16.06%
  • GF Value™: ¥230.64 vs. price of ¥434.51 (88.4% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 231.8% above the Semiconductors median

No single metric tells the full story. See the SHSE:688012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Micro-fabrication Equipment Business Description

Address No. 188, Taihua Road, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201
Advanced Micro-fabrication Equipment Inc is engaged in the development, production, and sales of equipment such as plasma etching equipment, deep silicon etching equipment, and metal organic chemical vapor deposition (MOCVD) equipment for microelectronic devices such as integrated circuits and LED chips.
86GF Score

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

¥434.51
Price
¥230.64
GF Value