An-Shin Food Services Co (ROCO:1259) Return-on-Tangible-Equity: 5.98% (As of Dec. 2025) — 24% Below Median

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ROCO:1259 An-Shin Food Services Co Ltd ROCO:1259
68 GF Score
Price NT$59.90
GF Value NT$71.25
Valuation Modestly Undervalued
! 7 Warning Signs
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What is An-Shin Food Services Co Return-on-Tangible-Equity?

An-Shin Food Services Co ROCO:1259 -1.48% 68 Return-on-Tangible-Equity is 5.98% as of Dec. 2025, which is 24% below its 10-year median of 7.92. GuruFocus rates ROCO:1259 with a GF Score™ of 68/100 and a GF Value™ of NT$71.25 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 332 Restaurants companies, An-Shin Food Services Co ranks worse than 67.17% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. An-Shin Food Services Co's annualized net income for the quarter that ended in Dec. 2025 was NT$185 Mil. An-Shin Food Services Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,085 Mil. Therefore, An-Shin Food Services Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.98%.

The historical rank and industry rank for An-Shin Food Services Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:1259' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.74   Med: 7.92   Max: 10.71
Current: 2.97

During the past 13 years, An-Shin Food Services Co's highest Return-on-Tangible-Equity was 10.71%. The lowest was 2.74%. And the median was 7.92%.

ROCO:1259's Return-on-Tangible-Equity is ranked worse than
67.17% of 332 companies
in the Restaurants industry
Industry Median: 8.715 vs ROCO:1259: 2.97

An-Shin Food Services Co  (ROCO:1259) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


An-Shin Food Services Co Return-on-Tangible-Equity Related Terms


An-Shin Food Services Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for An-Shin Food Services Co's Return-on-Tangible-Equity 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.

An-Shin Food Services Co Return-on-Tangible-Equity Chart

An-Shin Food Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.03 6.45 7.72 2.74 2.89

An-Shin Food Services Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity 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 -0.88 1.44 3.61 0.47 5.98

ROCO:1259 vs MCD, SBUX, YUM: Return-on-Tangible-Equity Comparison

For the Restaurants subindustry, An-Shin Food Services Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


An-Shin Food Services Co Return-on-Tangible-Equity vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, An-Shin Food Services Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where An-Shin Food Services Co's Return-on-Tangible-Equity falls into.


ROCO:1259
68GF Score
An-Shin Food Services Co Ltd ROCO:1259
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

An-Shin Food Services Co Return-on-Tangible-Equity Calculation

An-Shin Food Services Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=79.381/( (2482.572+3003.522 )/ 2 )
=79.381/2743.047
=2.89 %

An-Shin Food Services Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=184.572/( (3165.537+3003.522)/ 2 )
=184.572/3084.5295
=5.98 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 5.98% mean?
An-Shin Food Services Co (ROCO:1259) has a Return-on-Tangible-Equity of 5.98% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on An-Shin Food Services Co and its competitors. This is 24% below median its historical median of 7.92. Over the past decade, An-Shin Food Services Co's Return-on-Tangible-Equity has ranged from 2.74 to 10.71. According to the industry distribution chart, An-Shin Food Services Co ranks #223 out of 332 companies in the Restaurants industry, placing it in the top 67.2%.
Is An-Shin Food Services Co's Return-on-Tangible-Equity too high?
An-Shin Food Services Co's current Return-on-Tangible-Equity of 5.98% is 24% below median its 10-year median of 7.92. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 10.71. The Restaurants industry median Return-on-Tangible-Equity is 8.72. An-Shin Food Services Co's value of 5.98% is 31.4% below this industry median. Based on the distribution chart, An-Shin Food Services Co ranks #223 out of 332 companies in the Restaurants industry, which is below the industry midpoint. Overall, An-Shin Food Services Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does An-Shin Food Services Co's Return-on-Tangible-Equity compare to MCD and SBUX?
According to the Restaurants industry distribution chart, An-Shin Food Services Co ranks #223 out of 332 companies for Return-on-Tangible-Equity. This places An-Shin Food Services Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.72. An-Shin Food Services Co's value of 5.98% is 31.4% below this benchmark. Historically, An-Shin Food Services Co's own Return-on-Tangible-Equity has ranged from 2.74 to 10.71 over the past decade. While the company's 10-year median is 7.92 vs. the industry median of 8.72, An-Shin Food Services Co has consistently been below 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-Equity for a Restaurants company?
The median Return-on-Tangible-Equity among Restaurants companies is 8.72, based on 332 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. An-Shin Food Services Co's current Return-on-Tangible-Equity of 5.98% is 31.4% below 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on An-Shin Food Services Co and its competitors. For the Restaurants industry, the median Return-on-Tangible-Equity is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. An-Shin Food Services Co's current Return-on-Tangible-Equity is 5.98%, which is 24% below median its own 10-year median of 7.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is An-Shin Food Services Co stock overvalued right now?
Based on GuruFocus' analysis, An-Shin Food Services Co (ROCO:1259) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$71.25, compared to a current price of NT$59.90 — trading 15.9% below its estimated fair value. The current Return-on-Tangible-Equity is 5.98%, which is 24% below median its 10-year median of 7.92 and 31.4% below the Restaurants industry median of 8.72. An-Shin Food Services Co's overall GF Score™ is 68/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For An-Shin Food Services Co (ROCO:1259), the current Return-on-Tangible-Equity is 5.98% 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 An-Shin Food Services Co (ROCO:1259) Overvalued in 2026?

Based on GuruFocus' analysis, An-Shin Food Services Co stock appears to be undervalued. The current stock price of NT$59.90 is trading 15.9% below its estimated GF Value™ of NT$71.25. GuruFocus considers An-Shin Food Services Co to be Modestly Undervalued.

Key valuation signals for ROCO:1259:

  • Return-on-Tangible-Equity: 5.98% (24% below median its 10-year median of 7.92)
  • GF Value™: NT$71.25 vs. price of NT$59.90 (15.9% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 31.4% below the Restaurants median (#223 of 332)

No single metric tells the full story. See the ROCO:1259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


An-Shin Food Services Co Business Description

Address No. 66, Jingmao 2nd Road, 16 Floor - 3, Nangang District, Taipei, TWN, 106465
An-Shin Food Services Co Ltd is engaged in the operation of a fast food chain restaurant. The company is involved in sales; marketing and consultancy of hamburgers, as well as managing coffee shops and restaurants. The company has two reportable segments Restaurant Service and Information Services in Taiwan and Mainland China. It derives majority of the revenue from the Restaurant Service. Geographically, the company derives maximum revenue from Taiwan, and also has its presence in Mainland China.
68GF Score

Get the complete analysis for ROCO:1259

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$59.90
Price
NT$71.25
GF Value