The historical rank and industry rank for Giga Solar Materials's ROE % or its related term are showing as below:
ROCO:3691'
s ROE % Range Over the Past 10 Years
Min: -19.19 Med: -6.75 Max: 23.88
Current: -11.58
During the past 13 years, Giga Solar Materials's highest ROE % was 23.88%. The lowest was -19.19%. And the median was -6.75%.
ROCO:3691's ROE % is ranked worse than 80.34% of 1002
companies
in the Semiconductors industry
Industry Median: 4.55
vs ROCO:3691: -11.58
Giga Solar Materials (ROCO:3691) 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.
* 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 Solar subindustry, Giga Solar Materials'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.
Giga Solar Materials ROE % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Giga Solar Materials's ROE % distribution charts can be found below:
* The bar in red indicates where Giga Solar Materials'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.
Giga Solar Materials (ROCO:3691) has a ROE % of 3.38% 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 Giga Solar Materials and its competitors. According to the industry distribution chart, Giga Solar Materials ranks #805 out of 1002 companies in the Semiconductors industry, placing it in the top 80.3%.
Is Giga Solar Materials' ROE % too high?
Giga Solar Materials' current ROE % is 3.38%. The Semiconductors industry median ROE % is 4.55. Giga Solar Materials' value of 3.38% is 25.7% below this industry median. Based on the distribution chart, Giga Solar Materials ranks #805 out of 1002 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Giga Solar Materials has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Giga Solar Materials' ROE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Giga Solar Materials ranks #805 out of 1002 companies for ROE %. This places Giga Solar Materials in the lower half of its industry. The industry median ROE % is 4.55. Giga Solar Materials' value of 3.38% is 25.7% below this benchmark. 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 Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,002 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. Giga Solar Materials's current ROE % of 3.38% is 25.7% below 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 Giga Solar Materials and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giga Solar Materials's current ROE % is 3.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giga Solar Materials stock overvalued right now?
Based on GuruFocus' analysis, Giga Solar Materials (ROCO:3691) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$101.40, compared to a current price of NT$154.50 — trading 52.4% above its estimated fair value. The current ROE % is 3.38% and 25.7% below the Semiconductors industry median of 4.55. Giga Solar Materials' overall GF Score™ is 42/100 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 Giga Solar Materials (ROCO:3691), the current ROE % is 3.38% 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 Giga Solar Materials (ROCO:3691) Overvalued in 2026?
Based on GuruFocus' analysis, Giga Solar Materials stock appears to be overvalued.
The current stock price of NT$154.50 is trading 52.4% above its estimated GF Value™ of NT$101.40.
GuruFocus considers Giga Solar Materials to be Significantly Overvalued.
Key valuation signals for ROCO:3691:
ROE %: 3.38%
GF Value™: NT$101.40 vs. price of NT$154.50 (52.4% above fair value)
Industry Position: 25.7% below the Semiconductors median (#805 of 1002)
No single metric tells the full story. See the ROCO:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. Its product includes Conductive Paste for Photovoltaic Cells, Quality Assurance System for Conductive Paste, Solutions to Solar Energy Cells and Li-ion Battery Materials.
42GF Score
Get the complete analysis for ROCO:3691
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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