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.
The historical rank and industry rank for Gloria Material Technology's ROE % or its related term are showing as below:
ROCO:5009'
s ROE % Range Over the Past 10 Years
Min: 1.75 Med: 5.44 Max: 20.72
Current: 6.91
During the past 13 years, Gloria Material Technology's highest ROE % was 20.72%. The lowest was 1.75%. And the median was 5.44%.
ROCO:5009's ROE % is ranked better than 66.07% of 619
companies
in the Steel industry
Industry Median: 3.87
vs ROCO:5009: 6.91
Gloria Material Technology (ROCO:5009) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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 Steel subindustry, Gloria Material 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.
Gloria Material Technology ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Gloria Material Technology's ROE % distribution charts can be found below:
* The bar in red indicates where Gloria Material 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Gloria Material Technology (ROCO:5009) has a ROE % of 6.49% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gloria Material Technology and its competitors. This is 19% above median its historical median of 5.44. Over the past decade, Gloria Material Technology's ROE % has ranged from 1.75 to 20.72. According to the industry distribution chart, Gloria Material Technology ranks #210 out of 619 companies in the Steel industry, placing it in the top 33.9%.
Is Gloria Material Technology's ROE % too high?
Gloria Material Technology's current ROE % of 6.49% is 19% above median its 10-year median of 5.44. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 20.72. The Steel industry median ROE % is 3.87. Gloria Material Technology's value of 6.49% is 67.7% above this industry median. Based on the distribution chart, Gloria Material Technology ranks #210 out of 619 companies in the Steel industry, which is above the industry midpoint. Overall, Gloria Material Technology has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gloria Material Technology's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Gloria Material Technology ranks #210 out of 619 companies for ROE %. This puts Gloria Material Technology in the upper half of its industry. The industry median ROE % is 3.87. Gloria Material Technology's value of 6.49% is 67.7% above this benchmark. Historically, Gloria Material Technology's own ROE % has ranged from 1.75 to 20.72 over the past decade. While the company's 10-year median is 5.44 vs. the industry median of 3.87, Gloria Material 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 Steel company?
The median ROE % among Steel companies is 3.87, based on 619 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. Gloria Material Technology's current ROE % of 6.49% is 67.7% 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 Gloria Material Technology and its competitors. For the Steel industry, the median ROE % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gloria Material Technology's current ROE % is 6.49%, which is 19% above median its own 10-year median of 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gloria Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Gloria Material Technology (ROCO:5009) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$36.86, compared to a current price of NT$33.30 — trading 9.7% below its estimated fair value. The current ROE % is 6.49%, which is 19% above median its 10-year median of 5.44 and 67.7% above the Steel industry median of 3.87. Gloria Material Technology's overall GF Score™ is 69/100 with 8 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 Gloria Material Technology (ROCO:5009), the current ROE % is 6.49% as of Mar. 2026. 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 Gloria Material Technology (ROCO:5009) Overvalued in 2026?
Based on GuruFocus' analysis, Gloria Material Technology stock appears to be undervalued.
The current stock price of NT$33.30 is trading 9.7% below its estimated GF Value™ of NT$36.86.
GuruFocus considers Gloria Material Technology to be Modestly Undervalued.
Key valuation signals for ROCO:5009:
ROE %: 6.49% (19% above median its 10-year median of 5.44)
GF Value™: NT$36.86 vs. price of NT$33.30 (9.7% below fair value)
Industry Position: 67.7% above the Steel median (#210 of 619)
No single metric tells the full story. See the ROCO:5009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy, and the smelting of the raw materials of these products. It provides various quality materials such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials, and Quenched-Tempered Steel, and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include: Stainless steel, Alloy tool steel, alloy steel, carbon steel, and Super Alloy. The Group's reportable segments were as follows: The Company, Golden Win International Corp, Golden Win Steel Industrial Corp, All Win Enterprises Ltd, and others.
69GF Score
Get the complete analysis for ROCO:5009
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:5009 has been successfully added to your 
