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ABC Taiwan ElectronicsROCO:3236 -9.96%43 Return-on-Tangible-Equity is 5.64% as of Dec. 2025, which is 14% below its 10-year median of 6.59. GuruFocus rates ROCO:3236 with a GF Score™ of 43/100 and a GF Value™ of NT$19.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,383 Hardware companies, ABC Taiwan Electronics ranks worse than 61.98% 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. ABC Taiwan Electronics's annualized net income for the quarter that ended in Dec. 2025 was NT$84 Mil. ABC Taiwan Electronics's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,492 Mil. Therefore, ABC Taiwan Electronics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.64%.
The historical rank and industry rank for ABC Taiwan Electronics's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:3236'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.3 Med: 6.59 Max: 18.87
Current: 2.3
During the past 13 years, ABC Taiwan Electronics's highest Return-on-Tangible-Equity was 18.87%. The lowest was 0.30%. And the median was 6.59%.
ROCO:3236's Return-on-Tangible-Equity is ranked worse than 61.98% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs ROCO:3236: 2.30
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.
ABC Taiwan Electronics Return-on-Tangible-Equity Related Terms
ABC Taiwan Electronics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ABC Taiwan Electronics'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:3236 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, ABC Taiwan Electronics'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.
ABC Taiwan Electronics Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, ABC Taiwan Electronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ABC Taiwan Electronics'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 5.64% mean?
ABC Taiwan Electronics (ROCO:3236) has a Return-on-Tangible-Equity of 5.64% 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 ABC Taiwan Electronics and its competitors. This is 14% below median its historical median of 6.59. Over the past decade, ABC Taiwan Electronics' Return-on-Tangible-Equity has ranged from 0.30 to 18.87. According to the industry distribution chart, ABC Taiwan Electronics ranks #1477 out of 2383 companies in the Hardware industry, placing it in the top 62%.
Is ABC Taiwan Electronics' Return-on-Tangible-Equity too high?
ABC Taiwan Electronics' current Return-on-Tangible-Equity of 5.64% is 14% below median its 10-year median of 6.59. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 18.87. The Hardware industry median Return-on-Tangible-Equity is 5.34. ABC Taiwan Electronics' value of 5.64% is 5.6% above this industry median. Based on the distribution chart, ABC Taiwan Electronics ranks #1477 out of 2383 companies in the Hardware industry, which is below the industry midpoint. Overall, ABC Taiwan Electronics has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ABC Taiwan Electronics' Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, ABC Taiwan Electronics ranks #1477 out of 2383 companies for Return-on-Tangible-Equity. This places ABC Taiwan Electronics in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.34. ABC Taiwan Electronics' value of 5.64% is 5.6% above this benchmark. Historically, ABC Taiwan Electronics' own Return-on-Tangible-Equity has ranged from 0.30 to 18.87 over the past decade. While the company's 10-year median is 6.59 vs. the industry median of 5.34, ABC Taiwan Electronics 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.34, based on 2,383 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. ABC Taiwan Electronics's current Return-on-Tangible-Equity of 5.64% is 5.6% 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 ABC Taiwan Electronics and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABC Taiwan Electronics's current Return-on-Tangible-Equity is 5.64%, which is 14% below median its own 10-year median of 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABC Taiwan Electronics stock overvalued right now?
Based on GuruFocus' analysis, ABC Taiwan Electronics (ROCO:3236) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.71, compared to a current price of NT$48.35 — trading 145.3% above its estimated fair value. The current Return-on-Tangible-Equity is 5.64%, which is 14% below median its 10-year median of 6.59 and 5.6% above the Hardware industry median of 5.34. ABC Taiwan Electronics' overall GF Score™ is 43/100 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 ABC Taiwan Electronics (ROCO:3236), the current Return-on-Tangible-Equity is 5.64% 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 ABC Taiwan Electronics (ROCO:3236) Overvalued in 2026?
Based on GuruFocus' analysis, ABC Taiwan Electronics stock appears to be overvalued.
The current stock price of NT$48.35 is trading 145.3% above its estimated GF Value™ of NT$19.71.
GuruFocus considers ABC Taiwan Electronics to be Significantly Overvalued.
Key valuation signals for ROCO:3236:
Return-on-Tangible-Equity: 5.64% (14% below median its 10-year median of 6.59)
GF Value™: NT$19.71 vs. price of NT$48.35 (145.3% above fair value)
Industry Position: 5.6% above the Hardware median (#1477 of 2383)
No single metric tells the full story. See the ROCO:3236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ABC Taiwan Electronics Corp is a manufacturer of electronic components. It offers chip inductors, power inductors, filter inductive components, transformers, micro-porous ceramic (MPC) heat sinks, precision metal stamping parts, LED lighting fixtures, and other associated products used in various electronic products, communication electronic products, computer and peripheral equipment, industrial electronic equipment, etc. The Group's reportable units are Inductors and Others, out of which the Inductors business generates the maximum revenue. Geographically, it derives maximum revenue from the USA, and the rest from Germany, China, Taiwan, and other markets.
43GF Score
Get the complete analysis for ROCO:3236
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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