Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Chi Cheng Enterprise Co's annualized net income for the quarter that ended in Dec. 2025 was NT$33.4 Mil. Chi Cheng Enterprise Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$144.7 Mil. Therefore, Chi Cheng Enterprise Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 23.07%.
The historical rank and industry rank for Chi Cheng Enterprise Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:3095'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -142.06 Med: -17.2 Max: 65.23
Current: -14.14
During the past 13 years, Chi Cheng Enterprise Co's highest Return-on-Tangible-Equity was 65.23%. The lowest was -142.06%. And the median was -17.20%.
ROCO:3095's Return-on-Tangible-Equity is ranked worse than 85.19% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs ROCO:3095: -14.14
Chi Cheng Enterprise Co (ROCO:3095) 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.
Chi Cheng Enterprise Co Return-on-Tangible-Equity Related Terms
Chi Cheng Enterprise Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chi Cheng Enterprise 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.
Chi Cheng Enterprise Co Return-on-Tangible-Equity Chart
ROCO:3095 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Chi Cheng Enterprise 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.
Chi Cheng Enterprise Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Chi Cheng Enterprise Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chi Cheng Enterprise 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 23.07% mean?
Chi Cheng Enterprise Co (ROCO:3095) has a Return-on-Tangible-Equity of 23.07% 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 Chi Cheng Enterprise Co and its competitors. According to the industry distribution chart, Chi Cheng Enterprise Co ranks #2031 out of 2384 companies in the Hardware industry, placing it in the top 85.2%.
Is Chi Cheng Enterprise Co's Return-on-Tangible-Equity too high?
Chi Cheng Enterprise Co's current Return-on-Tangible-Equity is 23.07%. The Hardware industry median Return-on-Tangible-Equity is 5.33. Chi Cheng Enterprise Co's value of 23.07% is 332.8% above this industry median. Based on the distribution chart, Chi Cheng Enterprise Co ranks #2031 out of 2384 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chi Cheng Enterprise Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chi Cheng Enterprise Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Chi Cheng Enterprise Co ranks #2031 out of 2384 companies for Return-on-Tangible-Equity. This places Chi Cheng Enterprise Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.33. Chi Cheng Enterprise Co's value of 23.07% is 332.8% above this benchmark. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.33, based on 2,384 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. Chi Cheng Enterprise Co's current Return-on-Tangible-Equity of 23.07% is 332.8% 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 Chi Cheng Enterprise Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Cheng Enterprise Co's current Return-on-Tangible-Equity is 23.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Cheng Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Chi Cheng Enterprise Co (ROCO:3095) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.01, compared to a current price of NT$38.15 — trading 18.8% below its estimated fair value. The current Return-on-Tangible-Equity is 23.07% and 332.8% above the Hardware industry median of 5.33. Chi Cheng Enterprise Co's overall GF Score™ is 58/100 with 5 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 Chi Cheng Enterprise Co (ROCO:3095), the current Return-on-Tangible-Equity is 23.07% 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 Chi Cheng Enterprise Co (ROCO:3095) Overvalued in 2026?
Based on GuruFocus' analysis, Chi Cheng Enterprise Co stock appears to be undervalued.
The current stock price of NT$38.15 is trading 18.8% below its estimated GF Value™ of NT$47.01.
GuruFocus considers Chi Cheng Enterprise Co to be Modestly Undervalued.
Key valuation signals for ROCO:3095:
Return-on-Tangible-Equity: 23.07%
GF Value™: NT$47.01 vs. price of NT$38.15 (18.8% below fair value)
Industry Position: 332.8% above the Hardware median (#2031 of 2384)
No single metric tells the full story. See the ROCO:3095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chi Cheng Enterprise Co Ltd is a Taiwan-based company that designs, manufactures, and sells structural components of portable products. The products offered by the group include molding parts, precision dies, stamping, plastic molds, battery contact blocks, and lens contact blocks among others. In addition, it also offers communication devices, optical cameras, electronic products, computers, and peripherals. All the activities are geographically operated through the region of Taiwan.
58GF Score
Get the complete analysis for ROCO:3095
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3095 has been successfully added to your 
