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Argosy ResearchROCO:3217 -4.84%91 ROE % is 25.36% as of Dec. 2025, which is 44% above its 10-year median of 17.61. GuruFocus rates ROCO:3217 with a GF Score™ of 91/100 and a GF Value™ of NT$202.57 (Modestly Undervalued). Among 2,429 Hardware companies, Argosy Research ranks better than 94.07% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Argosy Research's annualized net income for the quarter that ended in Dec. 2025 was NT$1,160 Mil. Argosy Research's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$4,575 Mil. Therefore, Argosy Research's annualized ROE % for the quarter that ended in Dec. 2025 was 25.36%.
The historical rank and industry rank for Argosy Research's ROE % or its related term are showing as below:
ROCO:3217'
s ROE % Range Over the Past 10 Years
Min: 12.8 Med: 17.61 Max: 25.23
Current: 25.23
During the past 13 years, Argosy Research's highest ROE % was 25.23%. The lowest was 12.80%. And the median was 17.61%.
ROCO:3217's ROE % is ranked better than 94.07% of 2429
companies
in the Hardware industry
Industry Median: 4.67
vs ROCO:3217: 25.23
Argosy Research (ROCO:3217) 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:
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.
Argosy Research ROE % Related Terms
Argosy Research ROE % Historical Data
* Premium members only.
The historical data trend for Argosy Research'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.
For the Electronic Components subindustry, Argosy Research'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.
Argosy Research ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Argosy Research's ROE % distribution charts can be found below:
* The bar in red indicates where Argosy Research's ROE % falls into.
* 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.
Argosy Research (ROCO:3217) has a ROE % of 25.36% 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 Argosy Research and its competitors. This is 44% above median its historical median of 17.61. Over the past decade, Argosy Research's ROE % has ranged from 12.80 to 25.23. According to the industry distribution chart, Argosy Research ranks #144 out of 2429 companies in the Hardware industry, placing it in the top 5.9%.
Is Argosy Research's ROE % too high?
Argosy Research's current ROE % of 25.36% is 44% above median its 10-year median of 17.61. Over the past 10 years, this metric has ranged from a low of 12.80 to a high of 25.23. The Hardware industry median ROE % is 4.67. Argosy Research's value of 25.36% is 443% above this industry median. Based on the distribution chart, Argosy Research ranks #144 out of 2429 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Argosy Research has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Argosy Research's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Argosy Research ranks #144 out of 2429 companies for ROE %. This places Argosy Research in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 4.67. Argosy Research's value of 25.36% is 443% above this benchmark. Historically, Argosy Research's own ROE % has ranged from 12.80 to 25.23 over the past decade. While the company's 10-year median is 17.61 vs. the industry median of 4.67, Argosy Research 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 a Hardware company?
The median ROE % among Hardware companies is 4.67, based on 2,429 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. Argosy Research's current ROE % of 25.36% is 443% 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 Argosy Research and its competitors. For the Hardware industry, the median ROE % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Research's current ROE % is 25.36%, which is 44% above median its own 10-year median of 17.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Research stock overvalued right now?
Based on GuruFocus' analysis, Argosy Research (ROCO:3217) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$202.57, compared to a current price of NT$147.50 — trading 27.2% below its estimated fair value. The current ROE % is 25.36%, which is 44% above median its 10-year median of 17.61 and 443% above the Hardware industry median of 4.67. Argosy Research's overall GF Score™ is 91/100. 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 Argosy Research (ROCO:3217), the current ROE % is 25.36% 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 Argosy Research (ROCO:3217) Overvalued in 2026?
Based on GuruFocus' analysis, Argosy Research stock appears to be undervalued.
The current stock price of NT$147.50 is trading 27.2% below its estimated GF Value™ of NT$202.57.
GuruFocus considers Argosy Research to be Modestly Undervalued.
Key valuation signals for ROCO:3217:
ROE %: 25.36% (44% above median its 10-year median of 17.61)
GF Value™: NT$202.57 vs. price of NT$147.50 (27.2% below fair value)
Industry Position: 443% above the Hardware median (#144 of 2429)
No single metric tells the full story. See the ROCO:3217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argosy Research Inc is engaged in the manufacture and sale of electronic components and electronic connectors as its main business item. It has developed the following electronics connector categories: USB3.1 Type-C, DDR3/4/5(SO-DIMM & Long DIMM), M.2(NGFF), Mini PCIe, LVDS, RF Coaxial, Battery, and Injection/Molding Parts (Housing) in various and customizable specifications and products, among others. Geographically, the company generates a majority of its revenue from Asia and the rest from the Americas and other regions.
91GF Score
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