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Shiny Brands Group CoROCO:6703 -2.79%97 Return-on-Tangible-Asset is 10.36% as of Mar. 2026, which is 31% below its 10-year median of 14.94. GuruFocus rates ROCO:6703 with a GF Score™ of 97/100 and a GF Value™ of NT$136.84 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,993 Consumer Packaged Goods companies, Shiny Brands Group Co ranks better than 90.87% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Shiny Brands Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$245 Mil. Shiny Brands Group Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,368 Mil. Therefore, Shiny Brands Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.36%.
The historical rank and industry rank for Shiny Brands Group Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6703'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.41 Med: 14.94 Max: 24.52
Current: 15.16
During the past 11 years, Shiny Brands Group Co's highest Return-on-Tangible-Asset was 24.52%. The lowest was 12.41%. And the median was 14.94%.
ROCO:6703's Return-on-Tangible-Asset is ranked better than 90.87% of 1993
companies
in the Consumer Packaged Goods industry
Industry Median: 3.54
vs ROCO:6703: 15.16
Shiny Brands Group Co (ROCO:6703) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Shiny Brands Group Co Return-on-Tangible-Asset Related Terms
Shiny Brands Group Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Shiny Brands Group Co's Return-on-Tangible-Asset 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.
Shiny Brands Group Co Return-on-Tangible-Asset Chart
ROCO:6703 vs PG, CL, KVUE: Return-on-Tangible-Asset Comparison
For the Household & Personal Products subindustry, Shiny Brands Group Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Shiny Brands Group Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiny Brands Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shiny Brands Group Co's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.36% mean?
Shiny Brands Group Co (ROCO:6703) has a Return-on-Tangible-Asset of 10.36% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shiny Brands Group Co and its competitors. This is 31% below median its historical median of 14.94. Over the past decade, Shiny Brands Group Co's Return-on-Tangible-Asset has ranged from 12.41 to 24.52. According to the industry distribution chart, Shiny Brands Group Co ranks #182 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 9.1%.
Is Shiny Brands Group Co's Return-on-Tangible-Asset too high?
Shiny Brands Group Co's current Return-on-Tangible-Asset of 10.36% is 31% below median its 10-year median of 14.94. Over the past 10 years, this metric has ranged from a low of 12.41 to a high of 24.52. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.54. Shiny Brands Group Co's value of 10.36% is 192.7% above this industry median. Based on the distribution chart, Shiny Brands Group Co ranks #182 out of 1993 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shiny Brands Group Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shiny Brands Group Co's Return-on-Tangible-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shiny Brands Group Co ranks #182 out of 1993 companies for Return-on-Tangible-Asset. This places Shiny Brands Group Co in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.54. Shiny Brands Group Co's value of 10.36% is 192.7% above this benchmark. Historically, Shiny Brands Group Co's own Return-on-Tangible-Asset has ranged from 12.41 to 24.52 over the past decade. While the company's 10-year median is 14.94 vs. the industry median of 3.54, Shiny Brands Group 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 Return-on-Tangible-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.54, based on 1,993 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shiny Brands Group Co's current Return-on-Tangible-Asset of 10.36% is 192.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shiny Brands Group Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiny Brands Group Co's current Return-on-Tangible-Asset is 10.36%, which is 31% below median its own 10-year median of 14.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiny Brands Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shiny Brands Group Co (ROCO:6703) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$136.84, compared to a current price of NT$104.50 — trading 23.6% below its estimated fair value. The current Return-on-Tangible-Asset is 10.36%, which is 31% below median its 10-year median of 14.94 and 192.7% above the Consumer Packaged Goods industry median of 3.54. Shiny Brands Group Co's overall GF Score™ is 97/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Shiny Brands Group Co (ROCO:6703), the current Return-on-Tangible-Asset is 10.36% as of Mar. 2026. 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 Shiny Brands Group Co (ROCO:6703) Overvalued in 2026?
Based on GuruFocus' analysis, Shiny Brands Group Co stock appears to be undervalued.
The current stock price of NT$104.50 is trading 23.6% below its estimated GF Value™ of NT$136.84.
GuruFocus considers Shiny Brands Group Co to be Modestly Undervalued.
Key valuation signals for ROCO:6703:
Return-on-Tangible-Asset: 10.36% (31% below median its 10-year median of 14.94)
GF Value™: NT$136.84 vs. price of NT$104.50 (23.6% below fair value)
Industry Position: 192.7% above the Consumer Packaged Goods median (#182 of 1993)
No single metric tells the full story. See the ROCO:6703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiny Brands Group Co Ltd is engaged in the manufacturing and sale of cosmetics and beauty products ranging from basic skincare to a full range of maintenance products. It sells its products under the brand names SEXYLOOK Beauty, MIRAE Future Beauty, and LUDEYA Ludia. Products offered by the company include black masks, and ear-hooked face masks, among others.
97GF Score
Get the complete analysis for ROCO:6703
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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