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.
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.
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.
Materials Analysis Technology ROE % Related Terms
Materials Analysis Technology ROE % Historical 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.
For the Scientific & Technical Instruments subindustry, Materials Analysis 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.
Materials Analysis Technology ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Materials Analysis Technology's ROE % distribution charts can be found below:
* The bar in red indicates where Materials Analysis Technology'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.
Materials Analysis Technology (ROCO:3587) has a ROE % of 10.44% 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 Materials Analysis Technology and its competitors. This is 26% below median its historical median of 14.17. Over the past decade, Materials Analysis Technology's ROE % has ranged from 8.38 to 18.90. According to the industry distribution chart, Materials Analysis Technology ranks #835 out of 2429 companies in the Hardware industry, placing it in the top 34.4%.
Is Materials Analysis Technology's ROE % too high?
Materials Analysis Technology's current ROE % of 10.44% is 26% below median its 10-year median of 14.17. Over the past 10 years, this metric has ranged from a low of 8.38 to a high of 18.90. The Hardware industry median ROE % is 4.68. Materials Analysis Technology's value of 10.44% is 123.1% above this industry median. Based on the distribution chart, Materials Analysis Technology ranks #835 out of 2429 companies in the Hardware industry, which is above the industry midpoint. Overall, Materials Analysis Technology has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Materials Analysis Technology's ROE % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Materials Analysis Technology ranks #835 out of 2429 companies for ROE %. This puts Materials Analysis Technology in the upper half of its industry. The industry median ROE % is 4.68. Materials Analysis Technology's value of 10.44% is 123.1% above this benchmark. Historically, Materials Analysis Technology's own ROE % has ranged from 8.38 to 18.90 over the past decade. While the company's 10-year median is 14.17 vs. the industry median of 4.68, Materials Analysis 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 a Hardware company?
The median ROE % among Hardware companies is 4.68, 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. Materials Analysis Technology's current ROE % of 10.44% is 123.1% 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 Materials Analysis Technology and its competitors. For the Hardware industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Materials Analysis Technology's current ROE % is 10.44%, which is 26% below median its own 10-year median of 14.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materials Analysis Technology stock overvalued right now?
Based on GuruFocus' analysis, Materials Analysis Technology (ROCO:3587) is currently considered Fairly Valued. The stock's GF Value™ is NT$275.96, compared to a current price of NT$266.00 — trading 3.6% below its estimated fair value. The current ROE % is 10.44%, which is 26% below median its 10-year median of 14.17 and 123.1% above the Hardware industry median of 4.68. Materials Analysis Technology's overall GF Score™ is 92/100 with 5 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 Materials Analysis Technology (ROCO:3587), the current ROE % is 10.44% 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 Materials Analysis Technology (ROCO:3587) Overvalued in 2026?
Based on GuruFocus' analysis, Materials Analysis Technology stock appears to be undervalued.
The current stock price of NT$266.00 is trading 3.6% below its estimated GF Value™ of NT$275.96.
GuruFocus considers Materials Analysis Technology to be Fairly Valued.
Key valuation signals for ROCO:3587:
ROE %: 10.44% (26% below median its 10-year median of 14.17)
GF Value™: NT$275.96 vs. price of NT$266.00 (3.6% below fair value)
Industry Position: 123.1% above the Hardware median (#835 of 2429)
No single metric tells the full story. See the ROCO:3587 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Materials Analysis Technology Business Description
Materials Analysis Technology Inc engages in research and development (R&D) and intellectual property services required by the upstream, midstream, and downstream materials and components manufacturers of the high-tech industry in an integrated circuit, flat-screen display, optoelectronics, testing, and packaging, and nano components and materials industries.
92GF Score
Get the complete analysis for ROCO:3587
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3587 has been successfully added to your 
