Viking Tech (ROCO:3624) ROE %: 8.94% (As of Dec. 2025) — 29% Above Median


ROCO:3624 Viking Tech Corp ROCO:3624
57 GF Score
Price NT$154.50
GF Value NT$50.90
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Viking Tech ROE %?

Viking Tech ROCO:3624 +1.31% 57 ROE % is 8.94% as of Dec. 2025, which is 29% above its 10-year median of 6.93. GuruFocus rates ROCO:3624 with a GF Score™ of 57/100 and a GF Value™ of NT$50.90 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,426 Hardware companies, Viking Tech ranks better than 57.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Viking Tech's annualized net income for the quarter that ended in Dec. 2025 was NT$305 Mil. Viking Tech's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$3,417 Mil. Therefore, Viking Tech's annualized ROE % for the quarter that ended in Dec. 2025 was 8.94%.

The historical rank and industry rank for Viking Tech's ROE % or its related term are showing as below:

ROCO:3624' s ROE % Range Over the Past 10 Years
Min: 3.36   Med: 6.93   Max: 18.55
Current: 6.43

During the past 13 years, Viking Tech's highest ROE % was 18.55%. The lowest was 3.36%. And the median was 6.93%.

ROCO:3624's ROE % is ranked better than
57.01% of 2426 companies
in the Hardware industry
Industry Median: 4.635 vs ROCO:3624: 6.43

Viking Tech  (ROCO:3624) 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
=305.388/3417.0585
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(305.388 / 2626.852)*(2626.852 / 4047.9155)*(4047.9155 / 3417.0585)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.63 %*0.6489*1.1846
=ROA %*Equity Multiplier
=7.55 %*1.1846
=8.94 %

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
=305.388/3417.0585
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (305.388 / 328.852) * (328.852 / 187.732) * (187.732 / 2626.852) * (2626.852 / 4047.9155) * (4047.9155 / 3417.0585)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9286 * 1.7517 * 7.15 % * 0.6489 * 1.1846
=8.94 %

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.


Viking Tech ROE % Related Terms


Viking Tech ROE % Historical Data

* Premium members only.

The historical data trend for Viking Tech'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.

Viking Tech ROE % Chart

Viking Tech 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 16.94 18.55 7.94 7.27 6.36

Viking Tech 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 5.61 7.38 -0.20 9.68 8.94

ROCO:3624 vs APH, GLW: ROE % Comparison

For the Electronic Components subindustry, Viking Tech'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.


Viking Tech ROE % vs Hardware Industry

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

* The bar in red indicates where Viking Tech's ROE % falls into.


ROCO:3624
57GF Score
Viking Tech Corp ROCO:3624
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viking Tech ROE % Calculation

Viking Tech'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 )
=218.179/( (3389.767+3466.177)/ 2 )
=218.179/3427.972
=6.36 %

Viking Tech'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 )
=305.388/( (3367.94+3466.177)/ 2 )
=305.388/3417.0585
=8.94 %

* 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 8.94% mean?
Viking Tech (ROCO:3624) has a ROE % of 8.94% 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 Viking Tech and its competitors. This is 29% above median its historical median of 6.93. Over the past decade, Viking Tech's ROE % has ranged from 3.36 to 18.55. According to the industry distribution chart, Viking Tech ranks #1043 out of 2426 companies in the Hardware industry, placing it in the top 43%.
Is Viking Tech's ROE % too high?
Viking Tech's current ROE % of 8.94% is 29% above median its 10-year median of 6.93. Over the past 10 years, this metric has ranged from a low of 3.36 to a high of 18.55. The Hardware industry median ROE % is 4.64. Viking Tech's value of 8.94% is 92.9% above this industry median. Based on the distribution chart, Viking Tech ranks #1043 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Viking Tech has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viking Tech's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Viking Tech ranks #1043 out of 2426 companies for ROE %. This puts Viking Tech in the upper half of its industry. The industry median ROE % is 4.64. Viking Tech's value of 8.94% is 92.9% above this benchmark. Historically, Viking Tech's own ROE % has ranged from 3.36 to 18.55 over the past decade. While the company's 10-year median is 6.93 vs. the industry median of 4.64, Viking Tech 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 4.64, 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. Viking Tech's current ROE % of 8.94% is 92.9% 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 Viking Tech and its competitors. For the Hardware industry, the median ROE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Tech's current ROE % is 8.94%, which is 29% above median its own 10-year median of 6.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Tech stock overvalued right now?
Based on GuruFocus' analysis, Viking Tech (ROCO:3624) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$50.90, compared to a current price of NT$154.50 — trading 203.5% above its estimated fair value. The current ROE % is 8.94%, which is 29% above median its 10-year median of 6.93 and 92.9% above the Hardware industry median of 4.64. Viking Tech's overall GF Score™ is 57/100 with 3 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 Viking Tech (ROCO:3624), the current ROE % is 8.94% 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 Viking Tech (ROCO:3624) Overvalued in 2026?

Based on GuruFocus' analysis, Viking Tech stock appears to be overvalued. The current stock price of NT$154.50 is trading 203.5% above its estimated GF Value™ of NT$50.90. GuruFocus considers Viking Tech to be Significantly Overvalued.

Key valuation signals for ROCO:3624:

  • ROE %: 8.94% (29% above median its 10-year median of 6.93)
  • GF Value™: NT$50.90 vs. price of NT$154.50 (203.5% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 92.9% above the Hardware median (#1043 of 2426)

No single metric tells the full story. See the ROCO:3624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viking Tech Business Description

Address No. 70, Guangfu North Road, Hukou Township, HsinChu Industrial Park, Hsinchu County, Hsinchu, TWN, 303
Viking Tech Corp is a Taiwan based electronic components manufacturing company. It is engaged in research, development, manufacturing, and sale of thick and thin film passive components. The company's product categories include resistors, inductors, and capacitors. Some of these include Automotive Grade Resistor, Thin Film Resistor, Metal Low Ohm Resistor, Leaded Resistor, RF Ceramic Inductor, Miniature Power Inductor, and Shielding Power Inductor among others. Geographically, the company generates maximum revenue from China, and the rest from Taiwan, Hong Kong, America, Germany, Korea, and other regions.
57GF Score

Get the complete analysis for ROCO:3624

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

NT$154.50
Price
NT$50.90
GF Value