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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. OToBrite Electronic's annualized net income for the quarter that ended in Dec. 2025 was NT$-19.9 Mil. OToBrite Electronic's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$165.8 Mil. Therefore, OToBrite Electronic's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -11.98%.
The historical rank and industry rank for OToBrite Electronic's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:2256'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -83.01 Med: -23.2 Max: 10.11
Current: -27.54
During the past 7 years, OToBrite Electronic's highest Return-on-Tangible-Equity was 10.11%. The lowest was -83.01%. And the median was -23.20%.
ROCO:2256's Return-on-Tangible-Equity is ranked worse than 92.68% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 7.48
vs ROCO:2256: -27.54
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.
OToBrite Electronic Return-on-Tangible-Equity Related Terms
OToBrite Electronic Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for OToBrite Electronic'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:2256 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, OToBrite Electronic'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.
OToBrite Electronic Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, OToBrite Electronic's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where OToBrite Electronic'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 two times the semi-annual (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 -11.98% mean?
OToBrite Electronic (ROCO:2256) has a Return-on-Tangible-Equity of -11.98% 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 OToBrite Electronic and its competitors. According to the industry distribution chart, OToBrite Electronic ranks #1190 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 92.7%.
Is OToBrite Electronic's Return-on-Tangible-Equity too high?
OToBrite Electronic's current Return-on-Tangible-Equity is -11.98%. Based on the distribution chart, OToBrite Electronic ranks #1190 out of 1284 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, OToBrite Electronic has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OToBrite Electronic's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, OToBrite Electronic ranks #1190 out of 1284 companies for Return-on-Tangible-Equity. This places OToBrite Electronic in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.48. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.48, based on 1,284 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. 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 OToBrite Electronic and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OToBrite Electronic's current Return-on-Tangible-Equity is -11.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OToBrite Electronic stock overvalued right now?
Based on GuruFocus' analysis, OToBrite Electronic (ROCO:2256) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$21.77, compared to a current price of NT$61.60 — trading 183% above its estimated fair value. The current Return-on-Tangible-Equity is -11.98%. OToBrite Electronic's overall GF Score™ is 56/100 with 1 warning sign 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 OToBrite Electronic (ROCO:2256), the current Return-on-Tangible-Equity is -11.98% 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 OToBrite Electronic (ROCO:2256) Overvalued in 2026?
Based on GuruFocus' analysis, OToBrite Electronic stock appears to be overvalued.
The current stock price of NT$61.60 is trading 183% above its estimated GF Value™ of NT$21.77.
GuruFocus considers OToBrite Electronic to be Significantly Overvalued.
Key valuation signals for ROCO:2256:
Return-on-Tangible-Equity: -11.98%
GF Value™: NT$21.77 vs. price of NT$61.60 (183% above fair value)
No single metric tells the full story. See the ROCO:2256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OToBrite Electronic Inc is dedicated to developing driver safety system products and artificial intelligence technologies. With a vision to provide vehicle imaging systems and driver assistance systems, oToBrite strives to make driving simpler and safer and to contribute to the development of automated driving technology.
56GF Score
Get the complete analysis for ROCO:2256
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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