Vanguard International Semiconductor (ROCO:5347) ROIC %: 4.25% (As of Dec. 2025)


ROCO:5347 Vanguard International Semiconductor Corp ROCO:5347
75 GF Score
Price NT$208.50
GF Value NT$99.14
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Vanguard International Semiconductor ROIC %?

Vanguard International Semiconductor ROCO:5347 +3.22% 75 ROIC % is 4.25% as of Dec. 2025. GuruFocus rates ROCO:5347 with a GF Score™ of 75/100 and a GF Value™ of NT$99.14 (Significantly Overvalued). The stock has 12 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 %. Vanguard International Semiconductor's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 4.25%.

As of today (2026-06-29), Vanguard International Semiconductor's WACC % is 3.94%. Vanguard International Semiconductor's ROIC % is 6.18% (calculated using TTM income statement data). Vanguard International Semiconductor 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.


Vanguard International Semiconductor  (ROCO:5347) 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, Vanguard International Semiconductor's WACC % is 3.94%. Vanguard International Semiconductor's ROIC % is 6.18% (calculated using TTM income statement data). Vanguard International Semiconductor 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.


Vanguard International Semiconductor ROIC % Related Terms


Vanguard International Semiconductor ROIC % Historical Data

* Premium members only.

The historical data trend for Vanguard International Semiconductor'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.

Vanguard International Semiconductor ROIC % Chart

Vanguard International Semiconductor 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 35.66 27.98 7.49 8.14 5.62

Vanguard International Semiconductor 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 8.53 9.88 7.07 5.62 4.25

ROCO:5347 vs NVDA, AVGO, MU: ROIC % Comparison

For the Semiconductors subindustry, Vanguard International Semiconductor'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.


Vanguard International Semiconductor ROIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vanguard International Semiconductor's ROIC % distribution charts can be found below:

* The bar in red indicates where Vanguard International Semiconductor's ROIC % falls into.


ROCO:5347
75GF Score
Vanguard International Semiconductor Corp ROCO:5347
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vanguard International Semiconductor ROIC % Calculation

Vanguard International Semiconductor'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 )
=7773.371 * ( 1 - 16% )/( (76381.474 + 155824.491)/ 2 )
=6529.63164/116102.9825
=5.62 %

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))
=148705.702 - 8450.722 - ( 63873.506 - max(0, 21375.242 - 86211.179+63873.506))
=76381.474

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))
=200468.778 - 29351.326 - ( 41157.644 - max(0, 51604.245 - 66897.206+41157.644))
=155824.491

Vanguard International Semiconductor'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 )
=7226.676 * ( 1 - 20.46% )/( (114465.186 + 155824.491)/ 2 )
=5748.0980904/135144.8385
=4.25 %

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))
=170307.205 - 16712.296 - ( 49775.26 - max(0, 33905.436 - 73035.159+49775.26))
=114465.186

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))
=200468.778 - 29351.326 - ( 41157.644 - max(0, 51604.245 - 66897.206+41157.644))
=155824.491

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 4.25% mean?
Vanguard International Semiconductor (ROCO:5347) has a ROIC % of 4.25% 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 Vanguard International Semiconductor and its competitors.
Is Vanguard International Semiconductor's ROIC % too high?
Vanguard International Semiconductor's current ROIC % is 4.25%. The Semiconductors industry median ROIC % is 3.74. Vanguard International Semiconductor's value of 4.25% is 13.6% above this industry median. Overall, Vanguard International Semiconductor has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vanguard International Semiconductor's ROIC % compare to NVDA and AVGO?
Vanguard International Semiconductor's ROIC % of 4.25% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.74. Vanguard International Semiconductor's value of 4.25% is 13.6% 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 3.74, based on 1,010 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. Vanguard International Semiconductor's current ROIC % of 4.25% is 13.6% 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 Vanguard International Semiconductor and its competitors. For the Semiconductors industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanguard International Semiconductor's current ROIC % is 4.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanguard International Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Vanguard International Semiconductor (ROCO:5347) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$99.14, compared to a current price of NT$208.50 — trading 110.3% above its estimated fair value. The current ROIC % is 4.25% and 13.6% above the Semiconductors industry median of 3.74. Vanguard International Semiconductor's overall GF Score™ is 75/100 with 12 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 Vanguard International Semiconductor (ROCO:5347), the current ROIC % is 4.25% 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 Vanguard International Semiconductor (ROCO:5347) Overvalued in 2026?

Based on GuruFocus' analysis, Vanguard International Semiconductor stock appears to be overvalued. The current stock price of NT$208.50 is trading 110.3% above its estimated GF Value™ of NT$99.14. GuruFocus considers Vanguard International Semiconductor to be Significantly Overvalued.

Key valuation signals for ROCO:5347:

  • ROIC %: 4.25%
  • GF Value™: NT$99.14 vs. price of NT$208.50 (110.3% above fair value)
  • GF Score™: 75/100 with 12 warning signs
  • Industry Position: 13.6% above the Semiconductors median

No single metric tells the full story. See the ROCO:5347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vanguard International Semiconductor Business Description

Address No. 123, Park Road 3, Hsinchu Science Park, Hsinchu, TWN, 300096
Vanguard International Semiconductor Corp is engaged mainly in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. Its services, manufacturing, and technology include BCD/UHV/SOI, Discrete, HV, Sensors/MEMS, eFlash, GaN, Fab Capacity, Intelligent Manufacturing and Management, Services, MPW, Program, Mask Services, Backend Services, Automotive, Design Support. Its Design Services include Libraries & IP Geographically, it derives revenue from Asia and America.
75GF Score

Get the complete analysis for ROCO:5347

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

NT$208.50
Price
NT$99.14
GF Value