Apex International Financial Engineering Res & Tec Co (ROCO:5210) ROE %: 22.71% (As of Dec. 2025)

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ROCO:5210 Apex International Financial Engineering Res & Tec Co Ltd ROCO:5210
51 GF Score
Price NT$30.55
GF Value NT$22.01
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Apex International Financial Engineering Res & Tec Co ROE %?

Apex International Financial Engineering Res & Tec Co ROCO:5210 -2.86% 51 ROE % is 22.71% as of Dec. 2025. GuruFocus rates ROCO:5210 with a GF Score™ of 51/100 and a GF Value™ of NT$22.01 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,683 Software companies, Apex International Financial Engineering Res & Tec Co ranks better than 58.44% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Apex International Financial Engineering Res & Tec Co's annualized net income for the quarter that ended in Dec. 2025 was NT$176.8 Mil. Apex International Financial Engineering Res & Tec Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$778.5 Mil. Therefore, Apex International Financial Engineering Res & Tec Co's annualized ROE % for the quarter that ended in Dec. 2025 was 22.71%.

The historical rank and industry rank for Apex International Financial Engineering Res & Tec Co's ROE % or its related term are showing as below:

ROCO:5210' s ROE % Range Over the Past 10 Years
Min: -20.81   Med: -3.89   Max: 7.92
Current: 7.92

During the past 13 years, Apex International Financial Engineering Res & Tec Co's highest ROE % was 7.92%. The lowest was -20.81%. And the median was -3.89%.

ROCO:5210's ROE % is ranked better than
58.44% of 2683 companies
in the Software industry
Industry Median: 4.74 vs ROCO:5210: 7.92

Apex International Financial Engineering Res & Tec Co  (ROCO:5210) 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
=176.796/778.469
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(176.796 / 341.752)*(341.752 / 867.617)*(867.617 / 778.469)
=Net Margin %*Asset Turnover*Equity Multiplier
=51.73 %*0.3939*1.1145
=ROA %*Equity Multiplier
=20.38 %*1.1145
=22.71 %

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
=176.796/778.469
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (176.796 / 87.872) * (87.872 / 74.564) * (74.564 / 341.752) * (341.752 / 867.617) * (867.617 / 778.469)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.012 * 1.1785 * 21.82 % * 0.3939 * 1.1145
=22.71 %

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.


Apex International Financial Engineering Res & Tec Co ROE % Related Terms


Apex International Financial Engineering Res & Tec Co ROE % Historical Data

* Premium members only.

The historical data trend for Apex International Financial Engineering Res & Tec Co'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.

Apex International Financial Engineering Res & Tec Co ROE % Chart

Apex International Financial Engineering Res & Tec Co 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 -4.27 -2.36 -20.81 -9.67 7.80

Apex International Financial Engineering Res & Tec Co 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 20.19 2.16 3.92 2.40 22.71

ROCO:5210 vs UBER, SHOP, CRM: ROE % Comparison

For the Software - Application subindustry, Apex International Financial Engineering Res & Tec Co'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.


Apex International Financial Engineering Res & Tec Co ROE % vs Software Industry

For the Software industry and Technology sector, Apex International Financial Engineering Res & Tec Co's ROE % distribution charts can be found below:

* The bar in red indicates where Apex International Financial Engineering Res & Tec Co's ROE % falls into.


ROCO:5210
51GF Score
Apex International Financial Engineering Res & Tec Co Ltd ROCO:5210
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex International Financial Engineering Res & Tec Co ROE % Calculation

Apex International Financial Engineering Res & Tec Co'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 )
=60.055/( (739.575+801.101)/ 2 )
=60.055/770.338
=7.80 %

Apex International Financial Engineering Res & Tec Co'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 )
=176.796/( (755.837+801.101)/ 2 )
=176.796/778.469
=22.71 %

* 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 22.71% mean?
Apex International Financial Engineering Res & Tec Co (ROCO:5210) has a ROE % of 22.71% 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 Apex International Financial Engineering Res & Tec Co and its competitors. According to the industry distribution chart, Apex International Financial Engineering Res & Tec Co ranks #1115 out of 2683 companies in the Software industry, placing it in the top 41.6%.
Is Apex International Financial Engineering Res & Tec Co's ROE % too high?
Apex International Financial Engineering Res & Tec Co's current ROE % is 22.71%. The Software industry median ROE % is 4.74. Apex International Financial Engineering Res & Tec Co's value of 22.71% is 379.1% above this industry median. Based on the distribution chart, Apex International Financial Engineering Res & Tec Co ranks #1115 out of 2683 companies in the Software industry, which is above the industry midpoint. Overall, Apex International Financial Engineering Res & Tec Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex International Financial Engineering Res & Tec Co's ROE % compare to UBER and SHOP?
According to the Software industry distribution chart, Apex International Financial Engineering Res & Tec Co ranks #1115 out of 2683 companies for ROE %. This puts Apex International Financial Engineering Res & Tec Co in the upper half of its industry. The industry median ROE % is 4.74. Apex International Financial Engineering Res & Tec Co's value of 22.71% is 379.1% above 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 Software company?
The median ROE % among Software companies is 4.74, based on 2,683 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. Apex International Financial Engineering Res & Tec Co's current ROE % of 22.71% is 379.1% 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 Apex International Financial Engineering Res & Tec Co and its competitors. For the Software industry, the median ROE % is 4.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex International Financial Engineering Res & Tec Co's current ROE % is 22.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex International Financial Engineering Res & Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Apex International Financial Engineering Res & Tec Co (ROCO:5210) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$22.01, compared to a current price of NT$30.55 — trading 38.8% above its estimated fair value. The current ROE % is 22.71% and 379.1% above the Software industry median of 4.74. Apex International Financial Engineering Res & Tec Co's overall GF Score™ is 51/100 with 6 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 Apex International Financial Engineering Res & Tec Co (ROCO:5210), the current ROE % is 22.71% 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 Apex International Financial Engineering Res & Tec Co (ROCO:5210) Overvalued in 2026?

Based on GuruFocus' analysis, Apex International Financial Engineering Res & Tec Co stock appears to be overvalued. The current stock price of NT$30.55 is trading 38.8% above its estimated GF Value™ of NT$22.01. GuruFocus considers Apex International Financial Engineering Res & Tec Co to be Significantly Overvalued.

Key valuation signals for ROCO:5210:

  • ROE %: 22.71%
  • GF Value™: NT$22.01 vs. price of NT$30.55 (38.8% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 379.1% above the Software median (#1115 of 2683)

No single metric tells the full story. See the ROCO:5210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex International Financial Engineering Res & Tec Co Business Description

Address No.358, Section 2, Bade Road, 6th Floor-1, Songshan District, Taipei City, TWN
Apex International Financial Engineering Res & Tec Co Ltd is engaged in information software services, electronic information services, system integration services, and solar power engineering contracts. Its segment are: Information Services Department, engaged in the planning, construction, sales, and maintenance of financial information products, information conference systems, financial laboratories for the school education market, and systems related to financial commodity trading platforms. It operates in Taiwan, which generates maximum revenue, and Asia.
51GF Score

Get the complete analysis for ROCO:5210

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

NT$30.55
Price
NT$22.01
GF Value