Shih Her Technologies (ROCO:3551) ROIC %: 13.69% (As of Dec. 2025)

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ROCO:3551 Shih Her Technologies Inc ROCO:3551
88 GF Score
Price NT$185.00
GF Value NT$133.21
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Shih Her Technologies ROIC %?

Shih Her Technologies ROCO:3551 -3.90% 88 ROIC % is 13.69% as of Dec. 2025. GuruFocus rates ROCO:3551 with a GF Score™ of 88/100 and a GF Value™ of NT$133.21 (Significantly Overvalued). The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Shih Her Technologies's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 13.69%.

As of today (2026-07-21), Shih Her Technologies's WACC % is 10.83%. Shih Her Technologies's ROIC % is 11.38% (calculated using TTM income statement data). Shih Her Technologies generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Shih Her Technologies  (ROCO:3551) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Shih Her Technologies's WACC % is 10.83%. Shih Her Technologies's ROIC % is 11.38% (calculated using TTM income statement data). Shih Her Technologies generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Shih Her Technologies ROIC % Related Terms


Shih Her Technologies ROIC % Historical Data

* Premium members only.

The historical data trend for Shih Her Technologies's ROIC % 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.

Shih Her Technologies ROIC % Chart

Shih Her Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.48 9.74 7.83 9.07 11.31

Shih Her Technologies Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROIC % 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 10.17 11.78 10.62 9.46 13.69

ROCO:3551 vs AMAT, LRCX, KLAC: ROIC % Comparison

For the Semiconductor Equipment & Materials subindustry, Shih Her Technologies's ROIC %, along with its competitors' market caps and ROIC % 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.


Shih Her Technologies ROIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shih Her Technologies's ROIC % distribution charts can be found below:

* The bar in red indicates where Shih Her Technologies's ROIC % falls into.


ROCO:3551
88GF Score
Shih Her Technologies Inc ROCO:3551
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shih Her Technologies ROIC % Calculation

Shih Her Technologies's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=524.102 * ( 1 - 18.74% )/( (3682.604 + 3851.033)/ 2 )
=425.8852852/3766.8185
=11.31 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4898.998 - 188.431 - ( 1151.505 - max(0, 760.328 - 1788.291+1151.505))
=3682.604

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6068.18 - 246.873 - ( 1970.274 - max(0, 686.088 - 2927.524+1970.274))
=3851.033

Shih Her Technologies's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=631.316 * ( 1 - 17.61% )/( (3748.167 + 3851.033)/ 2 )
=520.1412524/3799.6
=13.69 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4924.542 - 228.641 - ( 947.734 - max(0, 813.237 - 1840.376+947.734))
=3748.167

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6068.18 - 246.873 - ( 1970.274 - max(0, 686.088 - 2927.524+1970.274))
=3851.033

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 13.69% mean?
Shih Her Technologies (ROCO:3551) has a ROIC % of 13.69% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Shih Her Technologies and its competitors.
Is Shih Her Technologies' ROIC % too high?
Shih Her Technologies' current ROIC % is 13.69%. The Semiconductors industry median ROIC % is 3.77. Shih Her Technologies' value of 13.69% is 263.1% above this industry median. Overall, Shih Her Technologies has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shih Her Technologies' ROIC % compare to AMAT and LRCX?
Shih Her Technologies' ROIC % of 13.69% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.77. Shih Her Technologies' value of 13.69% is 263.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Semiconductors company?
The median ROIC % among Semiconductors companies is 3.77, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shih Her Technologies's current ROIC % of 13.69% is 263.1% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Shih Her Technologies and its competitors. For the Semiconductors industry, the median ROIC % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shih Her Technologies's current ROIC % is 13.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shih Her Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shih Her Technologies (ROCO:3551) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$133.21, compared to a current price of NT$185.00 — trading 38.9% above its estimated fair value. The current ROIC % is 13.69% and 263.1% above the Semiconductors industry median of 3.77. Shih Her Technologies' overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Shih Her Technologies (ROCO:3551), the current ROIC % is 13.69% 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 Shih Her Technologies (ROCO:3551) Overvalued in 2026?

Based on GuruFocus' analysis, Shih Her Technologies stock appears to be overvalued. The current stock price of NT$185.00 is trading 38.9% above its estimated GF Value™ of NT$133.21. GuruFocus considers Shih Her Technologies to be Significantly Overvalued.

Key valuation signals for ROCO:3551:

  • ROIC %: 13.69%
  • GF Value™: NT$133.21 vs. price of NT$185.00 (38.9% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 263.1% above the Semiconductors median

No single metric tells the full story. See the ROCO:3551 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shih Her Technologies Business Description

Address No.18, Renzheng Road, Hsinchu Industrial Zone, Hukou Township, Hsin-Chu, TWN, 30352
Shih Her Technologies Inc is a Taiwan-based company that regeneration cleaning, repair, sales, purchase, research & development, manufacturing, processing, and assembly of semiconductors, optoelectronic equipment and components. Geographically, the company operates in Taiwan; and China, of which it derives maximum revenue from Taiwan.
88GF Score

Get the complete analysis for ROCO:3551

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

NT$185.00
Price
NT$133.21
GF Value