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The historical rank and industry rank for Solar Applied Materials Technology's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:1785'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.85 Med: 10.89 Max: 26.84
Current: 26.84
During the past 13 years, Solar Applied Materials Technology's highest Return-on-Tangible-Equity was 26.84%. The lowest was -11.85%. And the median was 10.89%.
ROCO:1785's Return-on-Tangible-Equity is ranked better than 92.63% of 1575
companies
in the Chemicals industry
Industry Median: 6.93
vs ROCO:1785: 26.84
Solar Applied Materials Technology (ROCO:1785) 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.
Solar Applied Materials Technology Return-on-Tangible-Equity Related Terms
Solar Applied Materials Technology Return-on-Tangible-Equity Historical Data
* 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.
Solar Applied Materials Technology Return-on-Tangible-Equity Chart
ROCO:1785 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Solar Applied Materials Technology'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.
Solar Applied Materials Technology Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Solar Applied Materials Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Solar Applied Materials Technology'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.15% mean?
Solar Applied Materials Technology (ROCO:1785) has a Return-on-Tangible-Equity of 16.15% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Solar Applied Materials Technology and its competitors. This is 48% above median its historical median of 10.89. According to the industry distribution chart, Solar Applied Materials Technology ranks #116 out of 1575 companies in the Chemicals industry, placing it in the top 7.4%.
Is Solar Applied Materials Technology's Return-on-Tangible-Equity too high?
Solar Applied Materials Technology's current Return-on-Tangible-Equity of 16.15% is 48% above median its 10-year median of 10.89. The Chemicals industry median Return-on-Tangible-Equity is 6.93. Solar Applied Materials Technology's value of 16.15% is 133% above this industry median. Based on the distribution chart, Solar Applied Materials Technology ranks #116 out of 1575 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Solar Applied Materials Technology has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Applied Materials Technology's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Solar Applied Materials Technology ranks #116 out of 1575 companies for Return-on-Tangible-Equity. This places Solar Applied Materials Technology in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.93. Solar Applied Materials Technology's value of 16.15% is 133% above this benchmark. While the company's 10-year median is 10.89 vs. the industry median of 6.93, Solar Applied Materials Technology 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 6.93, based on 1,575 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. Solar Applied Materials Technology's current Return-on-Tangible-Equity of 16.15% is 133% 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 Solar Applied Materials Technology and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Applied Materials Technology's current Return-on-Tangible-Equity is 16.15%, which is 48% above median its own 10-year median of 10.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Applied Materials Technology stock overvalued right now?
Based on GuruFocus' analysis, Solar Applied Materials Technology (ROCO:1785) is currently considered Fairly Valued. The stock's GF Value™ is NT$107.35, compared to a current price of NT$100.00 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Equity is 16.15%, which is 48% above median its 10-year median of 10.89 and 133% above the Chemicals industry median of 6.93. Solar Applied Materials Technology's overall GF Score™ is 66/100 with 2 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 Solar Applied Materials Technology (ROCO:1785), the current Return-on-Tangible-Equity is 16.15% as of Jun. 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 Solar Applied Materials Technology (ROCO:1785) Overvalued in 2026?
Based on GuruFocus' analysis, Solar Applied Materials Technology stock appears to be undervalued.
The current stock price of NT$100.00 is trading 6.8% below its estimated GF Value™ of NT$107.35.
GuruFocus considers Solar Applied Materials Technology to be Fairly Valued.
Key valuation signals for ROCO:1785:
Return-on-Tangible-Equity: 16.15% (48% above median its 10-year median of 10.89)
GF Value™: NT$107.35 vs. price of NT$100.00 (6.8% below fair value)
Industry Position: 133% above the Chemicals median (#116 of 1575)
No single metric tells the full story. See the ROCO:1785 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solar Applied Materials Technology Corp is a company involved in research and development and manufacturing of thin-film sputtering targets. It is engaged in manufacturing, processing, recycling, refining, and trading of sputtering targets for thin film, precious metal materials, and specialty chemicals for automobiles. The firm's operating segment includes Solar and Solar (KunShan). The firm generates the majority of its revenue from Solar (KunShan), which is principally engaged in producing photovoltaic sputtering targets for thin film, electroplating chemicals, specialty chemicals for automobiles, and electroplating processing.
66GF Score
Get the complete analysis for ROCO:1785
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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