Phoenix Pioneer Technology Co (ROCO:6920) ROE %: -21.49% (As of Dec. 2025)


ROCO:6920 Phoenix Pioneer Technology Co Ltd ROCO:6920
42 GF Score
Price NT$99.80
GF Value NT$29.09
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Phoenix Pioneer Technology Co ROE %?

Phoenix Pioneer Technology Co ROCO:6920 -0.70% 42 ROE % is -21.49% as of Dec. 2025. GuruFocus rates ROCO:6920 with a GF Score™ of 42/100 and a GF Value™ of NT$29.09 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,002 Semiconductors companies, Phoenix Pioneer Technology Co ranks worse than 90.72% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Phoenix Pioneer Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-359 Mil. Phoenix Pioneer Technology Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$1,672 Mil. Therefore, Phoenix Pioneer Technology Co's annualized ROE % for the quarter that ended in Dec. 2025 was -21.49%.

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

ROCO:6920' s ROE % Range Over the Past 10 Years
Min: -49   Med: -31.2   Max: 4.01
Current: -29.39

During the past 7 years, Phoenix Pioneer Technology Co's highest ROE % was 4.01%. The lowest was -49.00%. And the median was -31.20%.

ROCO:6920's ROE % is ranked worse than
90.72% of 1002 companies
in the Semiconductors industry
Industry Median: 4.55 vs ROCO:6920: -29.39

Phoenix Pioneer Technology Co  (ROCO:6920) 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
=-359.252/1671.905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-359.252 / 1548.432)*(1548.432 / 3209.783)*(3209.783 / 1671.905)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.2 %*0.4824*1.9198
=ROA %*Equity Multiplier
=-11.19 %*1.9198
=-21.49 %

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
=-359.252/1671.905
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-359.252 / -359.252) * (-359.252 / -345.46) * (-345.46 / 1548.432) * (1548.432 / 3209.783) * (3209.783 / 1671.905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0399 * -22.31 % * 0.4824 * 1.9198
=-21.49 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (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.


Phoenix Pioneer Technology Co ROE % Related Terms


Phoenix Pioneer Technology Co ROE % Historical Data

* Premium members only.

The historical data trend for Phoenix Pioneer Technology 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.

Phoenix Pioneer Technology Co ROE % Chart

Phoenix Pioneer Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -41.50 4.01 -29.74 -29.73 -31.20

Phoenix Pioneer Technology Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.09 -21.99 -37.74 -36.07 -21.49

ROCO:6920 vs AMAT, LRCX, KLAC: ROE % Comparison

For the Semiconductor Equipment & Materials subindustry, Phoenix Pioneer Technology 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.


Phoenix Pioneer Technology Co ROE % vs Semiconductors Industry

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

* The bar in red indicates where Phoenix Pioneer Technology Co's ROE % falls into.


ROCO:6920
42GF Score
Phoenix Pioneer Technology Co Ltd ROCO:6920
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phoenix Pioneer Technology Co ROE % Calculation

Phoenix Pioneer Technology 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 )
=-464.11/( (1393.02+1581.915)/ 2 )
=-464.11/1487.4675
=-31.20 %

Phoenix Pioneer Technology 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: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=-359.252/( (1761.895+1581.915)/ 2 )
=-359.252/1671.905
=-21.49 %

* 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 two times the semi-annual (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 -21.49% mean?
Phoenix Pioneer Technology Co (ROCO:6920) has a ROE % of -21.49% 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 Phoenix Pioneer Technology Co and its competitors. According to the industry distribution chart, Phoenix Pioneer Technology Co ranks #909 out of 1002 companies in the Semiconductors industry, placing it in the top 90.7%.
Is Phoenix Pioneer Technology Co's ROE % too high?
Phoenix Pioneer Technology Co's current ROE % is -21.49%. Based on the distribution chart, Phoenix Pioneer Technology Co ranks #909 out of 1002 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Phoenix Pioneer Technology Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Pioneer Technology Co's ROE % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Phoenix Pioneer Technology Co ranks #909 out of 1002 companies for ROE %. This places Phoenix Pioneer Technology Co in the lower half of its industry. The industry median ROE % is 4.55. 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 4.55, 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. 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 Phoenix Pioneer Technology Co and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Pioneer Technology Co's current ROE % is -21.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Pioneer Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Pioneer Technology Co (ROCO:6920) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.09, compared to a current price of NT$99.80 — trading 243.1% above its estimated fair value. The current ROE % is -21.49%. Phoenix Pioneer Technology Co's overall GF Score™ is 42/100 with 2 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 Phoenix Pioneer Technology Co (ROCO:6920), the current ROE % is -21.49% 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 Phoenix Pioneer Technology Co (ROCO:6920) Overvalued in 2026?

Based on GuruFocus' analysis, Phoenix Pioneer Technology Co stock appears to be overvalued. The current stock price of NT$99.80 is trading 243.1% above its estimated GF Value™ of NT$29.09. GuruFocus considers Phoenix Pioneer Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:6920:

  • ROE %: -21.49%
  • GF Value™: NT$29.09 vs. price of NT$99.80 (243.1% above fair value)
  • GF Score™: 42/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phoenix Pioneer Technology Co Business Description

Address No. 458-17, Xinxing Road, Hukou Township, Hsinchu, TWN, 30353
Phoenix Pioneer Technology Co Ltd primary business is the research, development, and manufacturing of precision IC carrier boards. Geographically, the company generates the majority of its revenue from Taiwan.
42GF Score

Get the complete analysis for ROCO:6920

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

NT$99.80
Price
NT$29.09
GF Value