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Taiwan Taxi CoROCO:2640 +1.92%87 Return-on-Tangible-Equity is 42.70% as of Jun. 2026, which is 87% above its 10-year median of 22.89. GuruFocus rates ROCO:2640 with a GF Score™ of 87/100 and a GF Value™ of NT$138.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 989 Transportation companies, Taiwan Taxi Co ranks better than 89.28% 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. Taiwan Taxi Co's annualized net income for the quarter that ended in Jun. 2026 was NT$591 Mil. Taiwan Taxi Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$1,316 Mil. Therefore, Taiwan Taxi Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 44.91%.
The historical rank and industry rank for Taiwan Taxi Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:2640'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.65 Med: 22.89 Max: 40.34
Current: 40.34
During the past 13 years, Taiwan Taxi Co's highest Return-on-Tangible-Equity was 40.34%. The lowest was 14.65%. And the median was 22.89%.
ROCO:2640's Return-on-Tangible-Equity is ranked better than 89.28% of 989
companies
in the Transportation industry
Industry Median: 9.1
vs ROCO:2640: 40.34
Taiwan Taxi Co (ROCO:2640) 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.
Taiwan Taxi Co Return-on-Tangible-Equity Related Terms
Taiwan Taxi Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Taiwan Taxi 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.
ROCO:2640 vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison
For the Railroads subindustry, Taiwan Taxi 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.
Taiwan Taxi Co Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan Taxi Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Taiwan Taxi 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 (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 42.70% mean?
Taiwan Taxi Co (ROCO:2640) has a Return-on-Tangible-Equity of 42.70% 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 Taiwan Taxi Co and its competitors. This is 87% above median its historical median of 22.89. Over the past decade, Taiwan Taxi Co's Return-on-Tangible-Equity has ranged from 14.65 to 40.34. According to the industry distribution chart, Taiwan Taxi Co ranks #106 out of 989 companies in the Transportation industry, placing it in the top 10.7%.
Is Taiwan Taxi Co's Return-on-Tangible-Equity too high?
Taiwan Taxi Co's current Return-on-Tangible-Equity of 42.70% is 87% above median its 10-year median of 22.89. Over the past 10 years, this metric has ranged from a low of 14.65 to a high of 40.34. The Transportation industry median Return-on-Tangible-Equity is 9.10. Taiwan Taxi Co's value of 42.70% is 369.2% above this industry median. Based on the distribution chart, Taiwan Taxi Co ranks #106 out of 989 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Taxi Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Taxi Co's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Taiwan Taxi Co ranks #106 out of 989 companies for Return-on-Tangible-Equity. This places Taiwan Taxi Co in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.10. Taiwan Taxi Co's value of 42.70% is 369.2% above this benchmark. Historically, Taiwan Taxi Co's own Return-on-Tangible-Equity has ranged from 14.65 to 40.34 over the past decade. While the company's 10-year median is 22.89 vs. the industry median of 9.10, Taiwan Taxi 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.10, based on 989 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. Taiwan Taxi Co's current Return-on-Tangible-Equity of 42.70% is 369.2% 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 Taiwan Taxi Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Taxi Co's current Return-on-Tangible-Equity is 42.70%, which is 87% above median its own 10-year median of 22.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Taxi Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Taxi Co (ROCO:2640) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$138.39, compared to a current price of NT$159.00 — trading 14.9% above its estimated fair value. The current Return-on-Tangible-Equity is 42.70%, which is 87% above median its 10-year median of 22.89 and 369.2% above the Transportation industry median of 9.10. Taiwan Taxi Co's overall GF Score™ is 87/100 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 Taiwan Taxi Co (ROCO:2640), the current Return-on-Tangible-Equity is 42.70% 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 Taiwan Taxi Co (ROCO:2640) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Taxi Co stock appears to be overvalued.
The current stock price of NT$159.00 is trading 14.9% above its estimated GF Value™ of NT$138.39.
GuruFocus considers Taiwan Taxi Co to be Modestly Overvalued.
Key valuation signals for ROCO:2640:
Return-on-Tangible-Equity: 42.70% (87% above median its 10-year median of 22.89)
GF Value™: NT$138.39 vs. price of NT$159.00 (14.9% above fair value)
Industry Position: 369.2% above the Transportation median (#106 of 989)
No single metric tells the full story. See the ROCO:2640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Taxi Co Ltd Inc is a platform peripheral sales and service activities derived from the platform, which are divided into product sales and labor services and information media. The company is engaged in providing taxi passengers cars with drivers. It provides taxi services around Taiwan.
87GF Score
Get the complete analysis for ROCO:2640
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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