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Partner TechROCO:3097 +0.78%71 Return-on-Tangible-Equity is 3.70% as of Dec. 2025, which is 60% below its 10-year median of 9.28. GuruFocus rates ROCO:3097 with a GF Score™ of 71/100 and a GF Value™ of NT$31.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,385 Hardware companies, Partner Tech ranks better than 50.44% 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. Partner Tech's annualized net income for the quarter that ended in Dec. 2025 was NT$38 Mil. Partner Tech's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,016 Mil. Therefore, Partner Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.70%.
The historical rank and industry rank for Partner Tech's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:3097'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.81 Med: 9.28 Max: 14.73
Current: 5.44
During the past 13 years, Partner Tech's highest Return-on-Tangible-Equity was 14.73%. The lowest was 0.81%. And the median was 9.28%.
ROCO:3097's Return-on-Tangible-Equity is ranked better than 50.44% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs ROCO:3097: 5.44
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.
Partner Tech Return-on-Tangible-Equity Related Terms
Partner Tech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Partner Tech'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:3097 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Partner Tech'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.
Partner Tech Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Partner Tech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Partner Tech'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 3.70% mean?
Partner Tech (ROCO:3097) has a Return-on-Tangible-Equity of 3.70% 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 Partner Tech and its competitors. This is 60% below median its historical median of 9.28. Over the past decade, Partner Tech's Return-on-Tangible-Equity has ranged from 0.81 to 14.73. According to the industry distribution chart, Partner Tech ranks #1182 out of 2385 companies in the Hardware industry, placing it in the top 49.6%.
Is Partner Tech's Return-on-Tangible-Equity too high?
Partner Tech's current Return-on-Tangible-Equity of 3.70% is 60% below median its 10-year median of 9.28. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 14.73. The Hardware industry median Return-on-Tangible-Equity is 5.32. Partner Tech's value of 3.70% is 30.5% below this industry median. Based on the distribution chart, Partner Tech ranks #1182 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Partner Tech has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Partner Tech's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Partner Tech ranks #1182 out of 2385 companies for Return-on-Tangible-Equity. This puts Partner Tech in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Partner Tech's value of 3.70% is 30.5% below this benchmark. Historically, Partner Tech's own Return-on-Tangible-Equity has ranged from 0.81 to 14.73 over the past decade. While the company's 10-year median is 9.28 vs. the industry median of 5.32, Partner Tech has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. Partner Tech's current Return-on-Tangible-Equity of 3.70% is 30.5% below 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 Partner Tech and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Partner Tech's current Return-on-Tangible-Equity is 3.70%, which is 60% below median its own 10-year median of 9.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Partner Tech stock overvalued right now?
Based on GuruFocus' analysis, Partner Tech (ROCO:3097) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$31.54, compared to a current price of NT$25.80 — trading 18.2% below its estimated fair value. The current Return-on-Tangible-Equity is 3.70%, which is 60% below median its 10-year median of 9.28 and 30.5% below the Hardware industry median of 5.32. Partner Tech's overall GF Score™ is 71/100 with 4 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 Partner Tech (ROCO:3097), the current Return-on-Tangible-Equity is 3.70% 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 Partner Tech (ROCO:3097) Overvalued in 2026?
Based on GuruFocus' analysis, Partner Tech stock appears to be undervalued.
The current stock price of NT$25.80 is trading 18.2% below its estimated GF Value™ of NT$31.54.
GuruFocus considers Partner Tech to be Modestly Undervalued.
Key valuation signals for ROCO:3097:
Return-on-Tangible-Equity: 3.70% (60% below median its 10-year median of 9.28)
GF Value™: NT$31.54 vs. price of NT$25.80 (18.2% below fair value)
Industry Position: 30.5% below the Hardware median (#1182 of 2385)
No single metric tells the full story. See the ROCO:3097 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Partner Tech Corp is a manufacturer of PC-based, open architecture POS terminals and peripherals. Its product portfolio includes all-in-one POS terminals, all-in-one Mobile terminal, ordering terminal, Mobile Computer, thermal printers, and scanners.
71GF Score
Get the complete analysis for ROCO:3097
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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