Horng Terng Automation Co (ROCO:7751) ROE %: 27.61% (As of Dec. 2025) — Near Median


ROCO:7751 Horng Terng Automation Co Ltd ROCO:7751
26 GF Score
Price NT$1,450.00
! 1 Warning Sign
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What is Horng Terng Automation Co ROE %?

Horng Terng Automation Co ROCO:7751 +5.84% 26 ROE % is 27.61% as of Dec. 2025, which is 2% above its 10-year median of 27.18. GuruFocus rates ROCO:7751 with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,002 Semiconductors companies, Horng Terng Automation Co ranks better than 93.61% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Horng Terng Automation Co's annualized net income for the quarter that ended in Dec. 2025 was NT$658 Mil. Horng Terng Automation Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$2,384 Mil. Therefore, Horng Terng Automation Co's annualized ROE % for the quarter that ended in Dec. 2025 was 27.61%.

The historical rank and industry rank for Horng Terng Automation Co's ROE % or its related term are showing as below:

ROCO:7751' s ROE % Range Over the Past 10 Years
Min: 15.65   Med: 27.18   Max: 41.89
Current: 31.73

During the past 5 years, Horng Terng Automation Co's highest ROE % was 41.89%. The lowest was 15.65%. And the median was 27.18%.

ROCO:7751's ROE % is ranked better than
93.61% of 1002 companies
in the Semiconductors industry
Industry Median: 4.55 vs ROCO:7751: 31.73

Horng Terng Automation Co  (ROCO:7751) 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
=658.208/2384.0665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(658.208 / 2190.356)*(2190.356 / 3745.4575)*(3745.4575 / 2384.0665)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.05 %*0.5848*1.571
=ROA %*Equity Multiplier
=17.57 %*1.571
=27.61 %

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
=658.208/2384.0665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (658.208 / 829.112) * (829.112 / 762.744) * (762.744 / 2190.356) * (2190.356 / 3745.4575) * (3745.4575 / 2384.0665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7939 * 1.087 * 34.82 % * 0.5848 * 1.571
=27.61 %

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.


Horng Terng Automation Co ROE % Related Terms


Horng Terng Automation Co ROE % Historical Data

* Premium members only.

The historical data trend for Horng Terng Automation 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.

Horng Terng Automation Co ROE % Chart

Horng Terng Automation Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
0.00 41.89 15.65 26.08 28.28

Horng Terng Automation Co Quarterly Data
Dec21 Dec22 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 23.68 34.76 36.06 36.34 27.61

ROCO:7751 vs AMAT, LRCX, KLAC: ROE % Comparison

For the Semiconductor Equipment & Materials subindustry, Horng Terng Automation 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.


Horng Terng Automation Co ROE % vs Semiconductors Industry

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

* The bar in red indicates where Horng Terng Automation Co's ROE % falls into.


ROCO:7751
26GF Score
Horng Terng Automation Co Ltd ROCO:7751
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Horng Terng Automation Co ROE % Calculation

Horng Terng Automation 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 )
=518.752/( (1200.598+2468.42)/ 2 )
=518.752/1834.509
=28.28 %

Horng Terng Automation 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 )
=658.208/( (2299.713+2468.42)/ 2 )
=658.208/2384.0665
=27.61 %

* 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 27.61% mean?
Horng Terng Automation Co (ROCO:7751) has a ROE % of 27.61% 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 Horng Terng Automation Co and its competitors. This is near median its historical median of 27.18. Over the past decade, Horng Terng Automation Co's ROE % has ranged from 15.65 to 41.89. According to the industry distribution chart, Horng Terng Automation Co ranks #64 out of 1002 companies in the Semiconductors industry, placing it in the top 6.4%.
Is Horng Terng Automation Co's ROE % too high?
Horng Terng Automation Co's current ROE % of 27.61% is near median its 10-year median of 27.18. Over the past 10 years, this metric has ranged from a low of 15.65 to a high of 41.89. The Semiconductors industry median ROE % is 4.55. Horng Terng Automation Co's value of 27.61% is 506.8% above this industry median. Based on the distribution chart, Horng Terng Automation Co ranks #64 out of 1002 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Horng Terng Automation Co has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Horng Terng Automation Co's ROE % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Horng Terng Automation Co ranks #64 out of 1002 companies for ROE %. This places Horng Terng Automation Co in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Horng Terng Automation Co's value of 27.61% is 506.8% above this benchmark. Historically, Horng Terng Automation Co's own ROE % has ranged from 15.65 to 41.89 over the past decade. While the company's 10-year median is 27.18 vs. the industry median of 4.55, Horng Terng Automation Co 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 4.55, 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. Horng Terng Automation Co's current ROE % of 27.61% is 506.8% 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 Horng Terng Automation 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. Horng Terng Automation Co's current ROE % is 27.61%, which is near median its own 10-year median of 27.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Terng Automation Co stock overvalued right now?
Horng Terng Automation Co (ROCO:7751) has a current ROE % of 27.61%. The current ROE % is 27.61%, which is near median its 10-year median of 27.18 and 506.8% above the Semiconductors industry median of 4.55. Horng Terng Automation Co's overall GF Score™ is 26/100 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 Horng Terng Automation Co (ROCO:7751), the current ROE % is 27.61% 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.

Horng Terng Automation Co Business Description

Address No. 61, Jingliu 6th Road, Nantze District, Kaohsiung, TWN, 81170
Horng Terng Automation Co Ltd is a Company that concentrates all its efforts on continuous research and development and upgrading of skills, providing complete technologies and equipment to customers, and providing customized equipment development and design, detection efficiency improvement, equipment integration and application, and other immediate and complete solutions based on customer development trends. The Company generates revenue from the research and development, manufacturing, and sale of semiconductor automation equipment. It mainly focuses on the R&D, production, and sale of semiconductor automation equipment.
26GF Score

Get the complete analysis for ROCO:7751

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

NT$1,450.00
Price