GoMAX Electronics (ROCO:6512) ROE %: -12.62% (As of Dec. 2025)


ROCO:6512 GoMAX Electronics Inc ROCO:6512
66 GF Score
Price NT$19.95
GF Value NT$17.02
Valuation Modestly Overvalued
! 1 Warning Sign
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What is GoMAX Electronics ROE %?

GoMAX Electronics ROCO:6512 66 ROE % is -12.62% as of Dec. 2025. GuruFocus rates ROCO:6512 with a GF Score™ of 66/100 and a GF Value™ of NT$17.02 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,426 Hardware companies, GoMAX Electronics ranks worse than 76.79% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GoMAX Electronics's annualized net income for the quarter that ended in Dec. 2025 was NT$-45.4 Mil. GoMAX Electronics's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$360.1 Mil. Therefore, GoMAX Electronics's annualized ROE % for the quarter that ended in Dec. 2025 was -12.62%.

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

ROCO:6512' s ROE % Range Over the Past 10 Years
Min: -9.09   Med: -2.77   Max: 13.32
Current: -5.39

During the past 13 years, GoMAX Electronics's highest ROE % was 13.32%. The lowest was -9.09%. And the median was -2.77%.

ROCO:6512's ROE % is ranked worse than
76.79% of 2426 companies
in the Hardware industry
Industry Median: 4.59 vs ROCO:6512: -5.39

GoMAX Electronics  (ROCO:6512) 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
=-45.432/360.129
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-45.432 / 117.484)*(117.484 / 390.6725)*(390.6725 / 360.129)
=Net Margin %*Asset Turnover*Equity Multiplier
=-38.67 %*0.3007*1.0848
=ROA %*Equity Multiplier
=-11.63 %*1.0848
=-12.62 %

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
=-45.432/360.129
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-45.432 / -45.332) * (-45.332 / -60.212) * (-60.212 / 117.484) * (117.484 / 390.6725) * (390.6725 / 360.129)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0022 * 0.7529 * -51.25 % * 0.3007 * 1.0848
=-12.62 %

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.


GoMAX Electronics ROE % Related Terms


GoMAX Electronics ROE % Historical Data

* Premium members only.

The historical data trend for GoMAX 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.

GoMAX Electronics ROE % Chart

GoMAX 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 -9.09 5.53 -6.05 -6.21 -5.42

GoMAX 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 -13.49 -1.14 -9.39 1.47 -12.62

ROCO:6512 vs APH, GLW, TEL: ROE % Comparison

For the Electronic Components subindustry, GoMAX 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.


GoMAX Electronics ROE % vs Hardware Industry

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

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


ROCO:6512
66GF Score
GoMAX Electronics Inc ROCO:6512
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoMAX Electronics ROE % Calculation

GoMAX 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 )
=-19.735/( (373.892+354.45)/ 2 )
=-19.735/364.171
=-5.42 %

GoMAX 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 )
=-45.432/( (365.808+354.45)/ 2 )
=-45.432/360.129
=-12.62 %

* 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 -12.62% mean?
GoMAX Electronics (ROCO:6512) has a ROE % of -12.62% 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 GoMAX Electronics and its competitors. According to the industry distribution chart, GoMAX Electronics ranks #1863 out of 2426 companies in the Hardware industry, placing it in the top 76.8%.
Is GoMAX Electronics' ROE % too high?
GoMAX Electronics' current ROE % is -12.62%. Based on the distribution chart, GoMAX Electronics ranks #1863 out of 2426 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, GoMAX Electronics has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GoMAX Electronics' ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, GoMAX Electronics ranks #1863 out of 2426 companies for ROE %. This places GoMAX Electronics in the lower half of its industry. The industry median ROE % is 4.59. 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 4.59, 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. 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 GoMAX Electronics and its competitors. For the Hardware industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoMAX Electronics's current ROE % is -12.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoMAX Electronics stock overvalued right now?
Based on GuruFocus' analysis, GoMAX Electronics (ROCO:6512) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$17.02, compared to a current price of NT$19.95 — trading 17.2% above its estimated fair value. The current ROE % is -12.62%. GoMAX Electronics' overall GF Score™ is 66/100 with 1 warning sign 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 GoMAX Electronics (ROCO:6512), the current ROE % is -12.62% 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 GoMAX Electronics (ROCO:6512) Overvalued in 2026?

Based on GuruFocus' analysis, GoMAX Electronics stock appears to be overvalued. The current stock price of NT$19.95 is trading 17.2% above its estimated GF Value™ of NT$17.02. GuruFocus considers GoMAX Electronics to be Modestly Overvalued.

Key valuation signals for ROCO:6512:

  • ROE %: -12.62%
  • GF Value™: NT$17.02 vs. price of NT$19.95 (17.2% above fair value)
  • GF Score™: 66/100 with 1 warning sign

No single metric tells the full story. See the ROCO:6512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GoMAX Electronics Business Description

Address Number 251, Fusing 1st Street, 1st Floor, 5th Floor, Hsinchu County, Zhubei, TWN, 302
GoMAX Electronics Inc. is a Taiwan-based company that manufactures and sells audio and video systems. Its product portfolio includes the HDMI, DVI, DisplayPort, Analog, Wall Plate, and Video Processor series.
66GF Score

Get the complete analysis for ROCO:6512

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

NT$19.95
Price
NT$17.02
GF Value