Forcecon Technology Co (ROCO:3483) ROE %: 5.00% (As of Dec. 2025) — 53% Below Median


ROCO:3483 Forcecon Technology Co Ltd ROCO:3483
76 GF Score
Price NT$87.80
GF Value NT$131.17
Valuation Significantly Undervalued
! 9 Warning Signs
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What is Forcecon Technology Co ROE %?

Forcecon Technology Co ROCO:3483 +1.62% 76 ROE % is 5.00% as of Dec. 2025, which is 53% below its 10-year median of 10.68. GuruFocus rates ROCO:3483 with a GF Score™ of 76/100 and a GF Value™ of NT$131.17 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 2,426 Hardware companies, Forcecon Technology Co ranks better than 62.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Forcecon Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$243 Mil. Forcecon Technology Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$4,863 Mil. Therefore, Forcecon Technology Co's annualized ROE % for the quarter that ended in Dec. 2025 was 5.00%.

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

ROCO:3483' s ROE % Range Over the Past 10 Years
Min: 0.31   Med: 10.68   Max: 16.76
Current: 7.77

During the past 13 years, Forcecon Technology Co's highest ROE % was 16.76%. The lowest was 0.31%. And the median was 10.68%.

ROCO:3483's ROE % is ranked better than
62.53% of 2426 companies
in the Hardware industry
Industry Median: 4.59 vs ROCO:3483: 7.77

Forcecon Technology Co  (ROCO:3483) 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
=243.18/4862.915
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(243.18 / 8474.668)*(8474.668 / 9650.7005)*(9650.7005 / 4862.915)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.87 %*0.8781*1.9846
=ROA %*Equity Multiplier
=2.52 %*1.9846
=5.00 %

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
=243.18/4862.915
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (243.18 / 357.592) * (357.592 / 202.188) * (202.188 / 8474.668) * (8474.668 / 9650.7005) * (9650.7005 / 4862.915)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.68 * 1.7686 * 2.39 % * 0.8781 * 1.9846
=5.00 %

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.


Forcecon Technology Co ROE % Related Terms


Forcecon Technology Co ROE % Historical Data

* Premium members only.

The historical data trend for Forcecon Technology Co'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.

Forcecon Technology Co ROE % Chart

Forcecon Technology Co 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 13.53 14.84 16.76 15.52 7.51

Forcecon Technology Co 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 19.01 0.41 12.56 13.88 5.00

ROCO:3483 vs SNX, ARW, AVT: ROE % Comparison

For the Electronics & Computer Distribution subindustry, Forcecon Technology Co'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.


Forcecon Technology Co ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Forcecon Technology Co's ROE % distribution charts can be found below:

* The bar in red indicates where Forcecon Technology Co's ROE % falls into.


ROCO:3483
76GF Score
Forcecon Technology Co Ltd ROCO:3483
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forcecon Technology Co ROE % Calculation

Forcecon Technology Co'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 )
=369.669/( (4895.673+4952.539)/ 2 )
=369.669/4924.106
=7.51 %

Forcecon Technology Co'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 )
=243.18/( (4773.291+4952.539)/ 2 )
=243.18/4862.915
=5.00 %

* 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 5.00% mean?
Forcecon Technology Co (ROCO:3483) has a ROE % of 5.00% 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 Forcecon Technology Co and its competitors. This is 53% below median its historical median of 10.68. Over the past decade, Forcecon Technology Co's ROE % has ranged from 0.31 to 16.76. According to the industry distribution chart, Forcecon Technology Co ranks #909 out of 2426 companies in the Hardware industry, placing it in the top 37.5%.
Is Forcecon Technology Co's ROE % too high?
Forcecon Technology Co's current ROE % of 5.00% is 53% below median its 10-year median of 10.68. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 16.76. The Hardware industry median ROE % is 4.59. Forcecon Technology Co's value of 5.00% is 8.9% above this industry median. Based on the distribution chart, Forcecon Technology Co ranks #909 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Forcecon Technology Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forcecon Technology Co's ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, Forcecon Technology Co ranks #909 out of 2426 companies for ROE %. This puts Forcecon Technology Co in the upper half of its industry. The industry median ROE % is 4.59. Forcecon Technology Co's value of 5.00% is 8.9% above this benchmark. Historically, Forcecon Technology Co's own ROE % has ranged from 0.31 to 16.76 over the past decade. While the company's 10-year median is 10.68 vs. the industry median of 4.59, Forcecon Technology Co 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 4.59, based on 2,426 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. Forcecon Technology Co's current ROE % of 5.00% is 8.9% 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 Forcecon Technology Co and its competitors. For the Hardware industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forcecon Technology Co's current ROE % is 5.00%, which is 53% below median its own 10-year median of 10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcecon Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Forcecon Technology Co (ROCO:3483) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$131.17, compared to a current price of NT$87.80 — trading 33.1% below its estimated fair value. The current ROE % is 5.00%, which is 53% below median its 10-year median of 10.68 and 8.9% above the Hardware industry median of 4.59. Forcecon Technology Co's overall GF Score™ is 76/100 with 9 warning signs 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 Forcecon Technology Co (ROCO:3483), the current ROE % is 5.00% 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 Forcecon Technology Co (ROCO:3483) Overvalued in 2026?

Based on GuruFocus' analysis, Forcecon Technology Co stock appears to be undervalued. The current stock price of NT$87.80 is trading 33.1% below its estimated GF Value™ of NT$131.17. GuruFocus considers Forcecon Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:3483:

  • ROE %: 5.00% (53% below median its 10-year median of 10.68)
  • GF Value™: NT$131.17 vs. price of NT$87.80 (33.1% below fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 8.9% above the Hardware median (#909 of 2426)

No single metric tells the full story. See the ROCO:3483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forcecon Technology Co Business Description

Address 2nd Floor, No. 31, Xintai road, Hsinchu County, Zhubei, TWN, 30252
Forcecon Technology Co Ltd is a Taiwan-based company engaged in business activities that include the design, manufacturing, processing, and trading of computer and peripheral equipment components. The company has a wide range of applications and product portfolios that include axial fans, blower fans, heat pipes, vapor chambers, slim vapor chambers, heat sinks, thermal modules, cold plates liquid cooling, and immersion cooling technology.
76GF Score

Get the complete analysis for ROCO:3483

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

NT$87.80
Price
NT$131.17
GF Value