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Tehmag FoodsROCO:1264 78 Return-on-Tangible-Equity is 18.90% as of Dec. 2025, which is 15% below its 10-year median of 22.14. GuruFocus rates ROCO:1264 with a GF Score™ of 78/100 and a GF Value™ of NT$357.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Tehmag Foods ranks better than 82.87% 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. Tehmag Foods's annualized net income for the quarter that ended in Dec. 2025 was NT$671 Mil. Tehmag Foods's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,551 Mil. Therefore, Tehmag Foods's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.90%.
The historical rank and industry rank for Tehmag Foods's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:1264'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 20.08 Med: 22.14 Max: 23.09
Current: 22.5
During the past 13 years, Tehmag Foods's highest Return-on-Tangible-Equity was 23.09%. The lowest was 20.08%. And the median was 22.14%.
ROCO:1264's Return-on-Tangible-Equity is ranked better than 82.87% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.845
vs ROCO:1264: 22.50
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.
Tehmag Foods Return-on-Tangible-Equity Related Terms
Tehmag Foods Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tehmag Foods'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.
ROCO:1264 vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, Tehmag Foods'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.
Tehmag Foods Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tehmag Foods's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tehmag Foods's Return-on-Tangible-Equity 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-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 18.90% mean?
Tehmag Foods (ROCO:1264) has a Return-on-Tangible-Equity of 18.90% 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 Tehmag Foods and its competitors. This is 15% below median its historical median of 22.14. Over the past decade, Tehmag Foods' Return-on-Tangible-Equity has ranged from 20.08 to 23.09. According to the industry distribution chart, Tehmag Foods ranks #322 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 17.1%.
Is Tehmag Foods' Return-on-Tangible-Equity too high?
Tehmag Foods' current Return-on-Tangible-Equity of 18.90% is 15% below median its 10-year median of 22.14. Over the past 10 years, this metric has ranged from a low of 20.08 to a high of 23.09. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.85. Tehmag Foods' value of 18.90% is 140.9% above this industry median. Based on the distribution chart, Tehmag Foods ranks #322 out of 1880 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Tehmag Foods has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tehmag Foods' Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tehmag Foods ranks #322 out of 1880 companies for Return-on-Tangible-Equity. This places Tehmag Foods in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.85. Tehmag Foods' value of 18.90% is 140.9% above this benchmark. Historically, Tehmag Foods' own Return-on-Tangible-Equity has ranged from 20.08 to 23.09 over the past decade. While the company's 10-year median is 22.14 vs. the industry median of 7.85, Tehmag Foods 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.85, based on 1,880 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. Tehmag Foods's current Return-on-Tangible-Equity of 18.90% is 140.9% 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-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 Tehmag Foods and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tehmag Foods's current Return-on-Tangible-Equity is 18.90%, which is 15% below median its own 10-year median of 22.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tehmag Foods stock overvalued right now?
Based on GuruFocus' analysis, Tehmag Foods (ROCO:1264) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$357.33, compared to a current price of NT$258.00 — trading 27.8% below its estimated fair value. The current Return-on-Tangible-Equity is 18.90%, which is 15% below median its 10-year median of 22.14 and 140.9% above the Consumer Packaged Goods industry median of 7.85. Tehmag Foods' overall GF Score™ is 78/100 with 3 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 Tehmag Foods (ROCO:1264), the current Return-on-Tangible-Equity is 18.90% 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 Tehmag Foods (ROCO:1264) Overvalued in 2026?
Based on GuruFocus' analysis, Tehmag Foods stock appears to be undervalued.
The current stock price of NT$258.00 is trading 27.8% below its estimated GF Value™ of NT$357.33.
GuruFocus considers Tehmag Foods to be Modestly Undervalued.
Key valuation signals for ROCO:1264:
Return-on-Tangible-Equity: 18.90% (15% below median its 10-year median of 22.14)
GF Value™: NT$357.33 vs. price of NT$258.00 (27.8% below fair value)
Industry Position: 140.9% above the Consumer Packaged Goods median (#322 of 1880)
No single metric tells the full story. See the ROCO:1264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tehmag Foods Corp is engaged in Baking, cooking and steaming food manufacturing industry; Flour milling industry; Food additive manufacturing industry; Noodle and vermicelli food manufacturing industry and Food and beverage retail industry. Its marketing channels include bakery shops, hotels, restaurants. The company offers baked goods, dairy products, all kinds of packaging materials and instruments of baking mixes.
78GF Score
Get the complete analysis for ROCO:1264
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