Waffer Technology (TPE:6235) ROE %: 9.15% (As of Dec. 2025) — 21% Below Median


TPE:6235 Waffer Technology Corp TPE:6235
79 GF Score
Price NT$39.50
GF Value NT$85.09
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Waffer Technology ROE %?

Waffer Technology TPE:6235 -1.74% 79 ROE % is 9.15% as of Dec. 2025, which is 21% below its 10-year median of 11.54. GuruFocus rates TPE:6235 with a GF Score™ of 79/100 and a GF Value™ of NT$85.09 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,004 Industrial Products companies, Waffer Technology ranks better than 76.23% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Waffer Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$443 Mil. Waffer Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$4,837 Mil. Therefore, Waffer Technology's annualized ROE % for the quarter that ended in Dec. 2025 was 9.15%.

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

TPE:6235' s ROE % Range Over the Past 10 Years
Min: -24.86   Med: 11.54   Max: 70.16
Current: 12.34

During the past 13 years, Waffer Technology's highest ROE % was 70.16%. The lowest was -24.86%. And the median was 11.54%.

TPE:6235's ROE % is ranked better than
76.23% of 3004 companies
in the Industrial Products industry
Industry Median: 5.865 vs TPE:6235: 12.34

Waffer Technology  (TPE:6235) 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
=442.724/4837.2285
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(442.724 / 7102.172)*(7102.172 / 10144.5955)*(10144.5955 / 4837.2285)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.23 %*0.7001*2.0972
=ROA %*Equity Multiplier
=4.36 %*2.0972
=9.15 %

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
=442.724/4837.2285
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (442.724 / 545.284) * (545.284 / 654.444) * (654.444 / 7102.172) * (7102.172 / 10144.5955) * (10144.5955 / 4837.2285)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8119 * 0.8332 * 9.21 % * 0.7001 * 2.0972
=9.15 %

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.


Waffer Technology ROE % Related Terms


Waffer Technology ROE % Historical Data

* Premium members only.

The historical data trend for Waffer 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.

Waffer Technology ROE % Chart

Waffer 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 6.80 11.18 22.08 13.62 11.90

Waffer 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 5.60 10.41 18.99 11.61 9.15

TPE:6235 vs ATI, CRS, MLI: ROE % Comparison

For the Metal Fabrication subindustry, Waffer 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.


Waffer Technology ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waffer Technology's ROE % distribution charts can be found below:

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


TPE:6235
79GF Score
Waffer Technology Corp TPE:6235
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waffer Technology ROE % Calculation

Waffer 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 )
=579.836/( (4756.908+4991.096)/ 2 )
=579.836/4874.002
=11.90 %

Waffer 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 )
=442.724/( (4683.361+4991.096)/ 2 )
=442.724/4837.2285
=9.15 %

* 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 9.15% mean?
Waffer Technology (TPE:6235) has a ROE % of 9.15% 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 Waffer Technology and its competitors. This is 21% below median its historical median of 11.54. According to the industry distribution chart, Waffer Technology ranks #714 out of 3004 companies in the Industrial Products industry, placing it in the top 23.8%.
Is Waffer Technology's ROE % too high?
Waffer Technology's current ROE % of 9.15% is 21% below median its 10-year median of 11.54. The Industrial Products industry median ROE % is 5.87. Waffer Technology's value of 9.15% is 56% above this industry median. Based on the distribution chart, Waffer Technology ranks #714 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Waffer Technology has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waffer Technology's ROE % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Waffer Technology ranks #714 out of 3004 companies for ROE %. This places Waffer Technology in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 5.87. Waffer Technology's value of 9.15% is 56% above this benchmark. While the company's 10-year median is 11.54 vs. the industry median of 5.87, Waffer 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.87, based on 3,004 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. Waffer Technology's current ROE % of 9.15% is 56% 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 Waffer Technology and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waffer Technology's current ROE % is 9.15%, which is 21% below median its own 10-year median of 11.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waffer Technology stock overvalued right now?
Based on GuruFocus' analysis, Waffer Technology (TPE:6235) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$85.09, compared to a current price of NT$39.50 — trading 53.6% below its estimated fair value. The current ROE % is 9.15%, which is 21% below median its 10-year median of 11.54 and 56% above the Industrial Products industry median of 5.87. Waffer Technology's overall GF Score™ is 79/100 with 3 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 Waffer Technology (TPE:6235), the current ROE % is 9.15% 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 Waffer Technology (TPE:6235) Overvalued in 2026?

Based on GuruFocus' analysis, Waffer Technology stock appears to be undervalued. The current stock price of NT$39.50 is trading 53.6% below its estimated GF Value™ of NT$85.09. GuruFocus considers Waffer Technology to be Significantly Undervalued.

Key valuation signals for TPE:6235:

  • ROE %: 9.15% (21% below median its 10-year median of 11.54)
  • GF Value™: NT$85.09 vs. price of NT$39.50 (53.6% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 56% above the Industrial Products median (#714 of 3004)

No single metric tells the full story. See the TPE:6235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waffer Technology Business Description

Address No. 209, Nangang Road, 6th floor, Section 1, Building A, Nangang District, Taipei, TWN, 115
Waffer Technology Corp is a Taiwan-based company that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. The company's segment includes Magnesium Aluminum Alloy, and Plastic. The company generates the majority of its revenue from Magnesium Aluminum Alloy, which is engaged in the production and sale of magnesium aluminum alloy molded products.
79GF Score

Get the complete analysis for TPE:6235

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

NT$39.50
Price
NT$85.09
GF Value