Solar Applied Materials Technology (ROCO:1785) ROE %: 31.11% (As of Dec. 2025) — 187% Above Median


ROCO:1785 Solar Applied Materials Technology Corp ROCO:1785
53 GF Score
Price NT$144.50
GF Value NT$76.33
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Solar Applied Materials Technology ROE %?

Solar Applied Materials Technology ROCO:1785 +2.85% 53 ROE % is 31.11% as of Dec. 2025, which is 187% above its 10-year median of 10.85. GuruFocus rates ROCO:1785 with a GF Score™ of 53/100 and a GF Value™ of NT$76.33 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 3,003 Industrial Products companies, Solar Applied Materials Technology ranks better than 78.42% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Solar Applied Materials Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$4,458 Mil. Solar Applied Materials Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$14,329 Mil. Therefore, Solar Applied Materials Technology's annualized ROE % for the quarter that ended in Dec. 2025 was 31.11%.

The historical rank and industry rank for Solar Applied Materials Technology's ROE % or its related term are showing as below:

ROCO:1785' s ROE % Range Over the Past 10 Years
Min: -11.7   Med: 10.85   Max: 16.25
Current: 13.24

During the past 13 years, Solar Applied Materials Technology's highest ROE % was 16.25%. The lowest was -11.70%. And the median was 10.85%.

ROCO:1785's ROE % is ranked better than
78.42% of 3003 companies
in the Industrial Products industry
Industry Median: 5.86 vs ROCO:1785: 13.24

Solar Applied Materials Technology  (ROCO:1785) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4457.86/14328.8085
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4457.86 / 44836.78)*(44836.78 / 33347.4905)*(33347.4905 / 14328.8085)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.94 %*1.3445*2.3273
=ROA %*Equity Multiplier
=13.36 %*2.3273
=31.11 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4457.86/14328.8085
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4457.86 / 5529.648) * (5529.648 / 5371.488) * (5371.488 / 44836.78) * (44836.78 / 33347.4905) * (33347.4905 / 14328.8085)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8062 * 1.0294 * 11.98 % * 1.3445 * 2.3273
=31.11 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Solar Applied Materials Technology ROE % Related Terms


Solar Applied Materials Technology ROE % Historical Data

* Premium members only.

The historical data trend for Solar Applied Materials Technology's ROE % 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.

Solar Applied Materials Technology ROE % Chart

Solar Applied Materials Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.35 11.16 8.43 13.99 12.78

Solar Applied Materials Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROE % 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 18.56 9.90 -8.69 20.89 31.11

ROCO:1785 vs CRS, ATI, MLI: ROE % Comparison

For the Metal Fabrication subindustry, Solar Applied Materials Technology's ROE %, along with its competitors' market caps and ROE % 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.


Solar Applied Materials Technology ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solar Applied Materials Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Solar Applied Materials Technology's ROE % falls into.


ROCO:1785
53GF Score
Solar Applied Materials Technology Corp ROCO:1785
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solar Applied Materials Technology ROE % Calculation

Solar Applied Materials Technology's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1867.414/( (14266.307+14961.333)/ 2 )
=1867.414/14613.82
=12.78 %

Solar Applied Materials Technology's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=4457.86/( (13696.284+14961.333)/ 2 )
=4457.86/14328.8085
=31.11 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 31.11% mean?
Solar Applied Materials Technology (ROCO:1785) has a ROE % of 31.11% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Solar Applied Materials Technology and its competitors. This is 187% above median its historical median of 10.85. According to the industry distribution chart, Solar Applied Materials Technology ranks #648 out of 3003 companies in the Industrial Products industry, placing it in the top 21.6%.
Is Solar Applied Materials Technology's ROE % too high?
Solar Applied Materials Technology's current ROE % of 31.11% is 187% above median its 10-year median of 10.85. The Industrial Products industry median ROE % is 5.86. Solar Applied Materials Technology's value of 31.11% is 430.9% above this industry median. Based on the distribution chart, Solar Applied Materials Technology ranks #648 out of 3003 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Solar Applied Materials Technology has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solar Applied Materials Technology's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Solar Applied Materials Technology ranks #648 out of 3003 companies for ROE %. This places Solar Applied Materials Technology in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 5.86. Solar Applied Materials Technology's value of 31.11% is 430.9% above this benchmark. While the company's 10-year median is 10.85 vs. the industry median of 5.86, Solar Applied Materials Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,003 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solar Applied Materials Technology's current ROE % of 31.11% is 430.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Solar Applied Materials Technology and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Applied Materials Technology's current ROE % is 31.11%, which is 187% above median its own 10-year median of 10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Applied Materials Technology stock overvalued right now?
Based on GuruFocus' analysis, Solar Applied Materials Technology (ROCO:1785) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$76.33, compared to a current price of NT$144.50 — trading 89.3% above its estimated fair value. The current ROE % is 31.11%, which is 187% above median its 10-year median of 10.85 and 430.9% above the Industrial Products industry median of 5.86. Solar Applied Materials Technology's overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Solar Applied Materials Technology (ROCO:1785), the current ROE % is 31.11% 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 Solar Applied Materials Technology (ROCO:1785) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Applied Materials Technology stock appears to be overvalued. The current stock price of NT$144.50 is trading 89.3% above its estimated GF Value™ of NT$76.33. GuruFocus considers Solar Applied Materials Technology to be Significantly Overvalued.

Key valuation signals for ROCO:1785:

  • ROE %: 31.11% (187% above median its 10-year median of 10.85)
  • GF Value™: NT$76.33 vs. price of NT$144.50 (89.3% above fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 430.9% above the Industrial Products median (#648 of 3003)

No single metric tells the full story. See the ROCO:1785 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solar Applied Materials Technology Business Description

Address No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955
Solar Applied Materials Technology Corp is a company involved in research and development and manufacturing of thin-film sputtering targets. It is engaged in manufacturing, processing, recycling, refining, and trading of sputtering targets for thin film, precious metal materials, and specialty chemicals for automobiles. The firm's operating segment includes Solar and Solar (KunShan). The firm generates the majority of its revenue from Solar (KunShan), which is principally engaged in producing photovoltaic sputtering targets for thin film, electroplating chemicals, specialty chemicals for automobiles, and electroplating processing.
53GF Score

Get the complete analysis for ROCO:1785

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

NT$144.50
Price
NT$76.33
GF Value