Wafer Works (ROCO:6182) ROE %: 2.24% (As of Dec. 2025) — 59% Below Median

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ROCO:6182 Wafer Works Corp ROCO:6182
60 GF Score
Price NT$149.50
GF Value NT$33.54
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Wafer Works ROE %?

Wafer Works ROCO:6182 -9.94% 60 ROE % is 2.24% as of Dec. 2025, which is 59% below its 10-year median of 5.49. GuruFocus rates ROCO:6182 with a GF Score™ of 60/100 and a GF Value™ of NT$33.54 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,002 Semiconductors companies, Wafer Works ranks worse than 63.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wafer Works's annualized net income for the quarter that ended in Dec. 2025 was NT$332 Mil. Wafer Works's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$14,831 Mil. Therefore, Wafer Works's annualized ROE % for the quarter that ended in Dec. 2025 was 2.24%.

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

ROCO:6182' s ROE % Range Over the Past 10 Years
Min: -28.06   Med: 5.49   Max: 23.74
Current: 0.35

During the past 13 years, Wafer Works's highest ROE % was 23.74%. The lowest was -28.06%. And the median was 5.49%.

ROCO:6182's ROE % is ranked worse than
63.67% of 1002 companies
in the Semiconductors industry
Industry Median: 4.625 vs ROCO:6182: 0.35

Wafer Works  (ROCO:6182) 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
=331.648/14830.506
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(331.648 / 9726.244)*(9726.244 / 37014.9425)*(37014.9425 / 14830.506)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.41 %*0.2628*2.4959
=ROA %*Equity Multiplier
=0.9 %*2.4959
=2.24 %

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
=331.648/14830.506
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (331.648 / 898.86) * (898.86 / 746.792) * (746.792 / 9726.244) * (9726.244 / 37014.9425) * (37014.9425 / 14830.506)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.369 * 1.2036 * 7.68 % * 0.2628 * 2.4959
=2.24 %

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.


Wafer Works ROE % Related Terms


Wafer Works ROE % Historical Data

* Premium members only.

The historical data trend for Wafer Works'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.

Wafer Works ROE % Chart

Wafer Works 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 10.23 17.78 4.57 0.03 0.34

Wafer Works 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 -0.17 0.78 -2.25 0.62 2.24

ROCO:6182 vs AMAT, LRCX, KLAC: ROE % Comparison

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works ROE % vs Semiconductors Industry

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

* The bar in red indicates where Wafer Works's ROE % falls into.


ROCO:6182
60GF Score
Wafer Works Corp ROCO:6182
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wafer Works ROE % Calculation

Wafer Works'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 )
=51.897/( (15118.879+15041.795)/ 2 )
=51.897/15080.337
=0.34 %

Wafer Works'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 )
=331.648/( (14619.217+15041.795)/ 2 )
=331.648/14830.506
=2.24 %

* 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 2.24% mean?
Wafer Works (ROCO:6182) has a ROE % of 2.24% 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 Wafer Works and its competitors. This is 59% below median its historical median of 5.49. According to the industry distribution chart, Wafer Works ranks #638 out of 1002 companies in the Semiconductors industry, placing it in the top 63.7%.
Is Wafer Works' ROE % too high?
Wafer Works' current ROE % of 2.24% is 59% below median its 10-year median of 5.49. The Semiconductors industry median ROE % is 4.63. Wafer Works' value of 2.24% is 51.6% below this industry median. Based on the distribution chart, Wafer Works ranks #638 out of 1002 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Wafer Works has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wafer Works' ROE % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Wafer Works ranks #638 out of 1002 companies for ROE %. This places Wafer Works in the lower half of its industry. The industry median ROE % is 4.63. Wafer Works' value of 2.24% is 51.6% below this benchmark. While the company's 10-year median is 5.49 vs. the industry median of 4.63, Wafer Works has consistently been below 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. Wafer Works's current ROE % of 2.24% is 51.6% 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 Wafer Works 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. Wafer Works's current ROE % is 2.24%, which is 59% below median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works stock overvalued right now?
Based on GuruFocus' analysis, Wafer Works (ROCO:6182) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$33.54, compared to a current price of NT$149.50 — trading 345.7% above its estimated fair value. The current ROE % is 2.24%, which is 59% below median its 10-year median of 5.49 and 51.6% below the Semiconductors industry median of 4.63. Wafer Works' overall GF Score™ is 60/100 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 Wafer Works (ROCO:6182), the current ROE % is 2.24% 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 Wafer Works (ROCO:6182) Overvalued in 2026?

Based on GuruFocus' analysis, Wafer Works stock appears to be overvalued. The current stock price of NT$149.50 is trading 345.7% above its estimated GF Value™ of NT$33.54. GuruFocus considers Wafer Works to be Significantly Overvalued.

Key valuation signals for ROCO:6182:

  • ROE %: 2.24% (59% below median its 10-year median of 5.49)
  • GF Value™: NT$33.54 vs. price of NT$149.50 (345.7% above fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 51.6% below the Semiconductors median (#638 of 1002)

No single metric tells the full story. See the ROCO:6182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wafer Works Business Description

Address No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp is a Taiwan-based company principally engaged in the R&D, design, manufacturing, and sales of semiconductor materials; the technique consulting business, service business, and trading for the above items. Its customized silicon wafer services are Polished wafers, Leijingjingyuan, SOI wafers, Gallium nitride epitaxial wafers, and Custom wafers. Its geographical segments include Taiwan, China (including Hong Kong), the United States, and Other countries. It generates the majority of its revenue from Taiwan. The Group's revenue is derived from the manufacture and sale of semiconductor wafers.
60GF Score

Get the complete analysis for ROCO:6182

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

NT$149.50
Price
NT$33.54
GF Value