GEM Services (TPE:6525) ROE %: 17.07% (As of Dec. 2025) — 15% Below Median


TPE:6525 GEM Services Inc TPE:6525
79 GF Score
Price NT$221.00
GF Value NT$78.79
Valuation Significantly Overvalued
! 7 Warning Signs
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What is GEM Services ROE %?

GEM Services TPE:6525 +9.95% 79 ROE % is 17.07% as of Dec. 2025, which is 15% below its 10-year median of 19.99. GuruFocus rates TPE:6525 with a GF Score™ of 79/100 and a GF Value™ of NT$78.79 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,001 Semiconductors companies, GEM Services ranks better than 82.92% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GEM Services's annualized net income for the quarter that ended in Dec. 2025 was NT$773 Mil. GEM Services's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$4,527 Mil. Therefore, GEM Services's annualized ROE % for the quarter that ended in Dec. 2025 was 17.07%.

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

TPE:6525' s ROE % Range Over the Past 10 Years
Min: 13.32   Med: 19.99   Max: 23.7
Current: 17.41

During the past 13 years, GEM Services's highest ROE % was 23.70%. The lowest was 13.32%. And the median was 19.99%.

TPE:6525's ROE % is ranked better than
82.92% of 1001 companies
in the Semiconductors industry
Industry Median: 4.6 vs TPE:6525: 17.41

GEM Services  (TPE:6525) 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
=772.876/4527.4195
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(772.876 / 5338.032)*(5338.032 / 6656.142)*(6656.142 / 4527.4195)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.48 %*0.802*1.4702
=ROA %*Equity Multiplier
=11.61 %*1.4702
=17.07 %

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
=772.876/4527.4195
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (772.876 / 1053.272) * (1053.272 / 970.876) * (970.876 / 5338.032) * (5338.032 / 6656.142) * (6656.142 / 4527.4195)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7338 * 1.0849 * 18.19 % * 0.802 * 1.4702
=17.07 %

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.


GEM Services ROE % Related Terms


GEM Services ROE % Historical Data

* Premium members only.

The historical data trend for GEM Services'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.

GEM Services ROE % Chart

GEM Services 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 21.51 21.96 13.32 15.31 16.46

GEM Services 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 18.05 16.82 13.89 22.92 17.07

TPE:6525 vs NVDA, AVGO, MU: ROE % Comparison

For the Semiconductors subindustry, GEM Services'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.


GEM Services ROE % vs Semiconductors Industry

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

* The bar in red indicates where GEM Services's ROE % falls into.


TPE:6525
79GF Score
GEM Services Inc TPE:6525
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GEM Services ROE % Calculation

GEM Services'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 )
=758.645/( (4522.093+4694.616)/ 2 )
=758.645/4608.3545
=16.46 %

GEM Services'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 )
=772.876/( (4360.223+4694.616)/ 2 )
=772.876/4527.4195
=17.07 %

* 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 17.07% mean?
GEM Services (TPE:6525) has a ROE % of 17.07% 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 GEM Services and its competitors. This is 15% below median its historical median of 19.99. Over the past decade, GEM Services' ROE % has ranged from 13.32 to 23.70. According to the industry distribution chart, GEM Services ranks #171 out of 1001 companies in the Semiconductors industry, placing it in the top 17.1%.
Is GEM Services' ROE % too high?
GEM Services' current ROE % of 17.07% is 15% below median its 10-year median of 19.99. Over the past 10 years, this metric has ranged from a low of 13.32 to a high of 23.70. The Semiconductors industry median ROE % is 4.60. GEM Services' value of 17.07% is 271.1% above this industry median. Based on the distribution chart, GEM Services ranks #171 out of 1001 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GEM Services has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GEM Services' ROE % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, GEM Services ranks #171 out of 1001 companies for ROE %. This places GEM Services in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 4.60. GEM Services' value of 17.07% is 271.1% above this benchmark. Historically, GEM Services' own ROE % has ranged from 13.32 to 23.70 over the past decade. While the company's 10-year median is 19.99 vs. the industry median of 4.60, GEM Services 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 4.60, based on 1,001 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. GEM Services's current ROE % of 17.07% is 271.1% 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 GEM Services and its competitors. For the Semiconductors industry, the median ROE % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GEM Services's current ROE % is 17.07%, which is 15% below median its own 10-year median of 19.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEM Services stock overvalued right now?
Based on GuruFocus' analysis, GEM Services (TPE:6525) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$78.79, compared to a current price of NT$221.00 — trading 180.5% above its estimated fair value. The current ROE % is 17.07%, which is 15% below median its 10-year median of 19.99 and 271.1% above the Semiconductors industry median of 4.60. GEM Services' overall GF Score™ is 79/100 with 7 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 GEM Services (TPE:6525), the current ROE % is 17.07% 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 GEM Services (TPE:6525) Overvalued in 2026?

Based on GuruFocus' analysis, GEM Services stock appears to be overvalued. The current stock price of NT$221.00 is trading 180.5% above its estimated GF Value™ of NT$78.79. GuruFocus considers GEM Services to be Significantly Overvalued.

Key valuation signals for TPE:6525:

  • ROE %: 17.07% (15% below median its 10-year median of 19.99)
  • GF Value™: NT$78.79 vs. price of NT$221.00 (180.5% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 271.1% above the Semiconductors median (#171 of 1001)

No single metric tells the full story. See the TPE:6525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GEM Services Business Description

Address Harbour Place, PO Box 472, 2nd Floor, Grand Cayman, CYM, 1106
GEM Services Inc is a multinational semiconductor assembly and test contractor specializing in small-outline surface-mount packages for power management semiconductors and serving semiconductor manufacturers across communication, computing, industrial, and automotive applications. Its business activities include semiconductor packaging and testing, foundry and plant leasing, with semiconductor products generating the majority of revenue, along with services such as electroplating. The Company provides outsourcing services to IDM and fabless semiconductor companies, including packaging development, wafer processing, assembly, testing, logistics, and reliability services. It operates in Taiwan and Mainland China, with Taiwan generating the majority of revenue.
79GF Score

Get the complete analysis for TPE:6525

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

NT$221.00
Price
NT$78.79
GF Value