Aspeed Technology (ROCO:5274) ROE %: 68.75% (As of Dec. 2025) — 99% Above Median

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ROCO:5274 Aspeed Technology Inc ROCO:5274
82 GF Score
Price NT$13,905.00
GF Value NT$8,252.78
Valuation Significantly Overvalued
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What is Aspeed Technology ROE %?

Aspeed Technology ROCO:5274 +0.04% 82 ROE % is 68.75% as of Dec. 2025, which is 99% above its 10-year median of 34.58. GuruFocus rates ROCO:5274 with a GF Score™ of 82/100 and a GF Value™ of NT$8,252.78 (Significantly Overvalued). Among 1,002 Semiconductors companies, Aspeed Technology ranks better than 97.9% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aspeed Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$4,791 Mil. Aspeed Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$6,969 Mil. Therefore, Aspeed Technology's annualized ROE % for the quarter that ended in Dec. 2025 was 68.75%.

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

ROCO:5274' s ROE % Range Over the Past 10 Years
Min: 24.2   Med: 34.58   Max: 66.98
Current: 66.98

During the past 13 years, Aspeed Technology's highest ROE % was 66.98%. The lowest was 24.20%. And the median was 34.58%.

ROCO:5274's ROE % is ranked better than
97.9% of 1002 companies
in the Semiconductors industry
Industry Median: 4.625 vs ROCO:5274: 66.98

Aspeed Technology  (ROCO:5274) 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
=4790.94/6969.044
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4790.94 / 9772.504)*(9772.504 / 9843.403)*(9843.403 / 6969.044)
=Net Margin %*Asset Turnover*Equity Multiplier
=49.02 %*0.9928*1.4124
=ROA %*Equity Multiplier
=48.67 %*1.4124
=68.75 %

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
=4790.94/6969.044
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4790.94 / 5828.904) * (5828.904 / 4870.916) * (4870.916 / 9772.504) * (9772.504 / 9843.403) * (9843.403 / 6969.044)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8219 * 1.1967 * 49.84 % * 0.9928 * 1.4124
=68.75 %

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.


Aspeed Technology ROE % Related Terms


Aspeed Technology ROE % Historical Data

* Premium members only.

The historical data trend for Aspeed Technology'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.

Aspeed Technology ROE % Chart

Aspeed Technology 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 40.09 52.42 24.20 54.28 59.47

Aspeed Technology 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 72.80 69.52 51.66 84.15 68.75

ROCO:5274 vs NVDA, AVGO, MU: ROE % Comparison

For the Semiconductors subindustry, Aspeed 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.


Aspeed Technology ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Aspeed Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Aspeed Technology's ROE % falls into.


ROCO:5274
82GF Score
Aspeed Technology Inc ROCO:5274
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspeed Technology ROE % Calculation

Aspeed Technology'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 )
=3927.807/( (5639.225+7570.771)/ 2 )
=3927.807/6604.998
=59.47 %

Aspeed Technology'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 )
=4790.94/( (6367.317+7570.771)/ 2 )
=4790.94/6969.044
=68.75 %

* 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 68.75% mean?
Aspeed Technology (ROCO:5274) has a ROE % of 68.75% 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 Aspeed Technology and its competitors. This is 99% above median its historical median of 34.58. Over the past decade, Aspeed Technology's ROE % has ranged from 24.20 to 66.98. According to the industry distribution chart, Aspeed Technology ranks #21 out of 1002 companies in the Semiconductors industry, placing it in the top 2.1%.
Is Aspeed Technology's ROE % too high?
Aspeed Technology's current ROE % of 68.75% is 99% above median its 10-year median of 34.58. Over the past 10 years, this metric has ranged from a low of 24.20 to a high of 66.98. The Semiconductors industry median ROE % is 4.63. Aspeed Technology's value of 68.75% is 1386.5% above this industry median. Based on the distribution chart, Aspeed Technology ranks #21 out of 1002 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Aspeed Technology has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspeed Technology's ROE % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Aspeed Technology ranks #21 out of 1002 companies for ROE %. This places Aspeed Technology in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 4.63. Aspeed Technology's value of 68.75% is 1386.5% above this benchmark. Historically, Aspeed Technology's own ROE % has ranged from 24.20 to 66.98 over the past decade. While the company's 10-year median is 34.58 vs. the industry median of 4.63, Aspeed 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 Semiconductors company?
The median ROE % among Semiconductors companies is 4.63, 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. Aspeed Technology's current ROE % of 68.75% is 1386.5% 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 Aspeed Technology and its competitors. For the Semiconductors industry, the median ROE % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspeed Technology's current ROE % is 68.75%, which is 99% above median its own 10-year median of 34.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspeed Technology stock overvalued right now?
Based on GuruFocus' analysis, Aspeed Technology (ROCO:5274) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8,252.78, compared to a current price of NT$13,905.00 — trading 68.5% above its estimated fair value. The current ROE % is 68.75%, which is 99% above median its 10-year median of 34.58 and 1386.5% above the Semiconductors industry median of 4.63. Aspeed Technology's overall GF Score™ is 82/100. 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 Aspeed Technology (ROCO:5274), the current ROE % is 68.75% 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 Aspeed Technology (ROCO:5274) Overvalued in 2026?

Based on GuruFocus' analysis, Aspeed Technology stock appears to be overvalued. The current stock price of NT$13,905.00 is trading 68.5% above its estimated GF Value™ of NT$8,252.78. GuruFocus considers Aspeed Technology to be Significantly Overvalued.

Key valuation signals for ROCO:5274:

  • ROE %: 68.75% (99% above median its 10-year median of 34.58)
  • GF Value™: NT$8,252.78 vs. price of NT$13,905.00 (68.5% above fair value)
  • GF Score™: 82/100
  • Industry Position: 1386.5% above the Semiconductors median (#21 of 1002)

No single metric tells the full story. See the ROCO:5274 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aspeed Technology Business Description

Address Gongdao 5th Road, 4th Floor, No. 1, Section 3, East District, Hsinchu, TWN, 300042
Aspeed Technology Inc is an IC design house in Server Management, PC/AV extension solutions, Desktop Virtualization and security enhancement. The company is engaged in the manufacturing of electronic products, wholesale of information software, retail and service industry, international trade, intellectual property, product design, and other industrial and commercial services. It operates through Multimedia Integrated Circuits (ICs); Computer Peripherals Oriented ICs; and Other segments. The company generates maximum of its revenue from Multimedia Integrated Circuits (ICs) segment.
82GF Score

Get the complete analysis for ROCO:5274

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

NT$13,905.00
Price
NT$8,252.78
GF Value