Litemax Electronics (ROCO:4995) ROE %: 22.65% (As of Dec. 2025) — 47% Above Median


ROCO:4995 Litemax Electronics Inc ROCO:4995
86 GF Score
Price NT$44.70
GF Value NT$49.04
Valuation Fairly Valued
! 5 Warning Signs
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What is Litemax Electronics ROE %?

Litemax Electronics ROCO:4995 -0.22% 86 ROE % is 22.65% as of Dec. 2025, which is 47% above its 10-year median of 15.40. GuruFocus rates ROCO:4995 with a GF Score™ of 86/100 and a GF Value™ of NT$49.04 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,426 Hardware companies, Litemax Electronics ranks better than 71.93% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Litemax Electronics's annualized net income for the quarter that ended in Dec. 2025 was NT$208 Mil. Litemax Electronics's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$917 Mil. Therefore, Litemax Electronics's annualized ROE % for the quarter that ended in Dec. 2025 was 22.65%.

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

ROCO:4995' s ROE % Range Over the Past 10 Years
Min: 8.14   Med: 15.4   Max: 23.24
Current: 10.44

During the past 13 years, Litemax Electronics's highest ROE % was 23.24%. The lowest was 8.14%. And the median was 15.40%.

ROCO:4995's ROE % is ranked better than
71.93% of 2426 companies
in the Hardware industry
Industry Median: 4.635 vs ROCO:4995: 10.44

Litemax Electronics  (ROCO:4995) 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
=207.692/916.925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(207.692 / 1427.952)*(1427.952 / 1678.9835)*(1678.9835 / 916.925)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.54 %*0.8505*1.8311
=ROA %*Equity Multiplier
=12.37 %*1.8311
=22.65 %

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
=207.692/916.925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (207.692 / 248.268) * (248.268 / 213.492) * (213.492 / 1427.952) * (1427.952 / 1678.9835) * (1678.9835 / 916.925)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8366 * 1.1629 * 14.95 % * 0.8505 * 1.8311
=22.65 %

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.


Litemax Electronics ROE % Related Terms


Litemax Electronics ROE % Historical Data

* Premium members only.

The historical data trend for Litemax Electronics'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.

Litemax Electronics ROE % Chart

Litemax Electronics 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 13.52 23.24 15.94 19.59 9.76

Litemax Electronics 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 13.98 9.44 0.28 9.49 22.65

ROCO:4995 vs APH, GLW: ROE % Comparison

For the Electronic Components subindustry, Litemax Electronics'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.


Litemax Electronics ROE % vs Hardware Industry

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

* The bar in red indicates where Litemax Electronics's ROE % falls into.


ROCO:4995
86GF Score
Litemax Electronics Inc ROCO:4995
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Litemax Electronics ROE % Calculation

Litemax Electronics'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 )
=95.4/( (1008.936+945.808)/ 2 )
=95.4/977.372
=9.76 %

Litemax Electronics'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 )
=207.692/( (888.042+945.808)/ 2 )
=207.692/916.925
=22.65 %

* 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 22.65% mean?
Litemax Electronics (ROCO:4995) has a ROE % of 22.65% 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 Litemax Electronics and its competitors. This is 47% above median its historical median of 15.40. Over the past decade, Litemax Electronics' ROE % has ranged from 8.14 to 23.24. According to the industry distribution chart, Litemax Electronics ranks #681 out of 2426 companies in the Hardware industry, placing it in the top 28.1%.
Is Litemax Electronics' ROE % too high?
Litemax Electronics' current ROE % of 22.65% is 47% above median its 10-year median of 15.40. Over the past 10 years, this metric has ranged from a low of 8.14 to a high of 23.24. The Hardware industry median ROE % is 4.64. Litemax Electronics' value of 22.65% is 388.7% above this industry median. Based on the distribution chart, Litemax Electronics ranks #681 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Litemax Electronics has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litemax Electronics' ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Litemax Electronics ranks #681 out of 2426 companies for ROE %. This puts Litemax Electronics in the upper half of its industry. The industry median ROE % is 4.64. Litemax Electronics' value of 22.65% is 388.7% above this benchmark. Historically, Litemax Electronics' own ROE % has ranged from 8.14 to 23.24 over the past decade. While the company's 10-year median is 15.40 vs. the industry median of 4.64, Litemax Electronics 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. Litemax Electronics's current ROE % of 22.65% is 388.7% 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 Litemax Electronics 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. Litemax Electronics's current ROE % is 22.65%, which is 47% above median its own 10-year median of 15.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litemax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Litemax Electronics (ROCO:4995) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.04, compared to a current price of NT$44.70 — trading 8.8% below its estimated fair value. The current ROE % is 22.65%, which is 47% above median its 10-year median of 15.40 and 388.7% above the Hardware industry median of 4.64. Litemax Electronics' overall GF Score™ is 86/100 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 Litemax Electronics (ROCO:4995), the current ROE % is 22.65% 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 Litemax Electronics (ROCO:4995) Overvalued in 2026?

Based on GuruFocus' analysis, Litemax Electronics stock appears to be undervalued. The current stock price of NT$44.70 is trading 8.8% below its estimated GF Value™ of NT$49.04. GuruFocus considers Litemax Electronics to be Fairly Valued.

Key valuation signals for ROCO:4995:

  • ROE %: 22.65% (47% above median its 10-year median of 15.40)
  • GF Value™: NT$49.04 vs. price of NT$44.70 (8.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 388.7% above the Hardware median (#681 of 2426)

No single metric tells the full story. See the ROCO:4995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Litemax Electronics Business Description

Address No. 137, Lane 235, Baoqiao Road, 8th Floor, Xindian District, New Taipei, TWN, 23145
Litemax Electronics Inc is engaged in research, development, manufacturing and selling high-brightness LCD panels and LCD monitors. The company's products are used in marine; gaming; military and defence; industrial; transportation; digital signage, heavy duty, and other markets. Some of its products include Spanpixel - Resizing LCDs, Durapixel - Sunlight readable LCDs, Navpixel - Marine Computing, Embedded Motherboards, Waterproof Panel PCs, Intel Smart Display Module Panel PC, HDMI Daisy Chain Board, and others. Geographically, it derives a majority of its revenue from America and also has a presence in Asia and Europe.
86GF Score

Get the complete analysis for ROCO:4995

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

NT$44.70
Price
NT$49.04
GF Value