K Way Co (ROCO:5201) ROE % Adjusted to Book Value: 0.56% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:5201 K Way Co Ltd ROCO:5201
66 GF Score
Price NT$26.55
GF Value NT$41.10
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is K Way Co ROE % Adjusted to Book Value?

K Way Co ROCO:5201 -2.39% 66 ROE % Adjusted to Book Value is 0.56% as of Dec. 2025. GuruFocus rates ROCO:5201 with a GF Score™ of 66/100 and a GF Value™ of NT$41.10 (Significantly Undervalued). The stock has 2 warning signs investors should review.

K Way Co's ROE % for the quarter that ended in Dec. 2025 was 1.43%. K Way Co's PB Ratio for the quarter that ended in Dec. 2025 was 2.55. K Way Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 0.56%.

K Way Co ROE % Adjusted to Book Value Related Terms

K Way Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for K Way Co's ROE % Adjusted to Book Value 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.

K Way Co ROE % Adjusted to Book Value Chart

K Way Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.46 1.98 8.48 8.14 -0.13

K Way Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROE % Adjusted to Book Value 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 20.75 -3.45 -3.35 4.93 0.56

ROCO:5201 vs UBER, SHOP, CRM: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, K Way Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

K Way Co ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, K Way Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where K Way Co's ROE % Adjusted to Book Value falls into.


ROCO:5201
66GF Score
K Way Co Ltd ROCO:5201
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K Way Co ROE % Adjusted to Book Value Calculation

K Way Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-0.34% / 2.55
=-0.13%

K Way Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.43% / 2.55
=0.56%

* 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.

What does a ROE % Adjusted to Book Value of 0.56% mean?
K Way Co (ROCO:5201) has a ROE % Adjusted to Book Value of 0.56% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on K Way Co and its competitors.
Is K Way Co's ROE % Adjusted to Book Value too high?
K Way Co's current ROE % Adjusted to Book Value is 0.56%. Overall, K Way Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does K Way Co's ROE % Adjusted to Book Value compare to UBER and SHOP?
K Way Co's ROE % Adjusted to Book Value of 0.56% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Software company?
A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on K Way Co and its competitors. K Way Co's current ROE % Adjusted to Book Value is 0.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K Way Co stock overvalued right now?
Based on GuruFocus' analysis, K Way Co (ROCO:5201) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$41.10, compared to a current price of NT$26.55 — trading 35.4% below its estimated fair value. The current ROE % Adjusted to Book Value is 0.56%. K Way Co's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For K Way Co (ROCO:5201), the current ROE % Adjusted to Book Value is 0.56% 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 K Way Co (ROCO:5201) Overvalued in 2026?

Based on GuruFocus' analysis, K Way Co stock appears to be undervalued. The current stock price of NT$26.55 is trading 35.4% below its estimated GF Value™ of NT$41.10. GuruFocus considers K Way Co to be Significantly Undervalued.

Key valuation signals for ROCO:5201:

  • ROE % Adjusted to Book Value: 0.56%
  • GF Value™: NT$41.10 vs. price of NT$26.55 (35.4% below fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the ROCO:5201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

K Way Co Business Description

Address Guangfu North Road, 5th Floor, No. 35, Lane 11, Songshan District, Taipei, TWN
K Way Co Ltd operates as a software company in financial industry. The company is focuses on the development of key system software in the securities and financial industry for trading, settlement, market data, FIX, trading tools. It mainly offers stable and speedy trading system, cross platform system, database settlement system, money management system, investment account management system & others.
66GF Score

Get the complete analysis for ROCO:5201

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

NT$26.55
Price
NT$41.10
GF Value