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The historical rank and industry rank for Tachia Yung Ho Machine Industry Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:2221'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.09 Med: 13.11 Max: 27.01
Current: 9.39
During the past 13 years, Tachia Yung Ho Machine Industry Co's highest Return-on-Tangible-Equity was 27.01%. The lowest was 8.09%. And the median was 13.11%.
ROCO:2221's Return-on-Tangible-Equity is ranked better than 73.54% of 616
companies
in the Steel industry
Industry Median: 4.13
vs ROCO:2221: 9.39
Tachia Yung Ho Machine Industry Co (ROCO:2221) 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.
Tachia Yung Ho Machine Industry Co Return-on-Tangible-Equity Related Terms
Tachia Yung Ho Machine Industry Co 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.
Tachia Yung Ho Machine Industry Co Return-on-Tangible-Equity Chart
ROCO:2221 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Tachia Yung Ho Machine Industry 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.
Tachia Yung Ho Machine Industry Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Tachia Yung Ho Machine Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tachia Yung Ho Machine Industry Co'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 9.54% mean?
Tachia Yung Ho Machine Industry Co (ROCO:2221) has a Return-on-Tangible-Equity of 9.54% 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 Tachia Yung Ho Machine Industry Co and its competitors. This is 27% below median its historical median of 13.11. Over the past decade, Tachia Yung Ho Machine Industry Co's Return-on-Tangible-Equity has ranged from 8.09 to 27.01. According to the industry distribution chart, Tachia Yung Ho Machine Industry Co ranks #163 out of 616 companies in the Steel industry, placing it in the top 26.5%.
Is Tachia Yung Ho Machine Industry Co's Return-on-Tangible-Equity too high?
Tachia Yung Ho Machine Industry Co's current Return-on-Tangible-Equity of 9.54% is 27% below median its 10-year median of 13.11. Over the past 10 years, this metric has ranged from a low of 8.09 to a high of 27.01. The Steel industry median Return-on-Tangible-Equity is 4.13. Tachia Yung Ho Machine Industry Co's value of 9.54% is 131% above this industry median. Based on the distribution chart, Tachia Yung Ho Machine Industry Co ranks #163 out of 616 companies in the Steel industry, which is above the industry midpoint. Overall, Tachia Yung Ho Machine Industry Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tachia Yung Ho Machine Industry Co's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Tachia Yung Ho Machine Industry Co ranks #163 out of 616 companies for Return-on-Tangible-Equity. This puts Tachia Yung Ho Machine Industry Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.13. Tachia Yung Ho Machine Industry Co's value of 9.54% is 131% above this benchmark. Historically, Tachia Yung Ho Machine Industry Co's own Return-on-Tangible-Equity has ranged from 8.09 to 27.01 over the past decade. While the company's 10-year median is 13.11 vs. the industry median of 4.13, Tachia Yung Ho Machine Industry 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-Equity for a Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.13, based on 616 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. Tachia Yung Ho Machine Industry Co's current Return-on-Tangible-Equity of 9.54% is 131% 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 Tachia Yung Ho Machine Industry Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tachia Yung Ho Machine Industry Co's current Return-on-Tangible-Equity is 9.54%, which is 27% below median its own 10-year median of 13.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tachia Yung Ho Machine Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Tachia Yung Ho Machine Industry Co (ROCO:2221) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.89, compared to a current price of NT$46.35 — trading 66.2% above its estimated fair value. The current Return-on-Tangible-Equity is 9.54%, which is 27% below median its 10-year median of 13.11 and 131% above the Steel industry median of 4.13. Tachia Yung Ho Machine Industry 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 Tachia Yung Ho Machine Industry Co (ROCO:2221), the current Return-on-Tangible-Equity is 9.54% 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 Tachia Yung Ho Machine Industry Co (ROCO:2221) Overvalued in 2026?
Based on GuruFocus' analysis, Tachia Yung Ho Machine Industry Co stock appears to be overvalued.
The current stock price of NT$46.35 is trading 66.2% above its estimated GF Value™ of NT$27.89.
GuruFocus considers Tachia Yung Ho Machine Industry Co to be Significantly Overvalued.
Key valuation signals for ROCO:2221:
Return-on-Tangible-Equity: 9.54% (27% below median its 10-year median of 13.11)
GF Value™: NT$27.89 vs. price of NT$46.35 (66.2% above fair value)
Industry Position: 131% above the Steel median (#163 of 616)
No single metric tells the full story. See the ROCO:2221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tachia Yung Ho Machine Industry Co Business Description
Tachia Yung Ho Machine Industry Co Ltd is engaged in the manufacture and distribution of stainless-steel welded pipe fittings and ultra-clean components. Its products include Stainless Steel Pipe and Tube, UHP Face Seal Fitting, Micro Fitting, and others. It derives revenue from its products which include: Ultra High Purity Components; Service Revenue; Stainless Steel Welded Pipe Fittings; and Others.
68GF Score
Get the complete analysis for ROCO:2221
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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