International Games System Co (ROCO:3293) Return-on-Tangible-Equity: 68.30% (As of Dec. 2025) — 21% Above Median

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ROCO:3293 International Games System Co Ltd ROCO:3293
96 GF Score
Price NT$704.00
GF Value NT$847.33
Valuation Modestly Undervalued
! 2 Warning Signs
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What is International Games System Co Return-on-Tangible-Equity?

International Games System Co ROCO:3293 -0.98% 96 Return-on-Tangible-Equity is 68.30% as of Dec. 2025, which is 21% above its 10-year median of 56.29. GuruFocus rates ROCO:3293 with a GF Score™ of 96/100 and a GF Value™ of NT$847.33 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 490 Interactive Media companies, International Games System Co ranks better than 90.2% 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. International Games System Co's annualized net income for the quarter that ended in Dec. 2025 was NT$11,956 Mil. International Games System Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$17,504 Mil. Therefore, International Games System Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 68.30%.

The historical rank and industry rank for International Games System Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:3293' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 23.81   Med: 56.29   Max: 72.02
Current: 72.02

During the past 13 years, International Games System Co's highest Return-on-Tangible-Equity was 72.02%. The lowest was 23.81%. And the median was 56.29%.

ROCO:3293's Return-on-Tangible-Equity is ranked better than
90.2% of 490 companies
in the Interactive Media industry
Industry Median: 5.51 vs ROCO:3293: 72.02

International Games System Co  (ROCO:3293) 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.


International Games System Co Return-on-Tangible-Equity Related Terms


International Games System Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for International Games System 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.

International Games System Co Return-on-Tangible-Equity Chart

International Games System Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.96 56.07 56.51 63.68 61.49

International Games System Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.67 77.49 81.43 76.40 68.30

ROCO:3293 vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, International Games System 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.


International Games System Co Return-on-Tangible-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, International Games System Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where International Games System Co's Return-on-Tangible-Equity falls into.


ROCO:3293
96GF Score
International Games System Co Ltd ROCO:3293
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Games System Co Return-on-Tangible-Equity Calculation

International Games System Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=10851.521/( (16308.841+18987.444 )/ 2 )
=10851.521/17648.1425
=61.49 %

International Games System Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=11955.504/( (16020.539+18987.444)/ 2 )
=11955.504/17503.9915
=68.30 %

* 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 68.30% mean?
International Games System Co (ROCO:3293) has a Return-on-Tangible-Equity of 68.30% 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 International Games System Co and its competitors. This is 21% above median its historical median of 56.29. Over the past decade, International Games System Co's Return-on-Tangible-Equity has ranged from 23.81 to 72.02. According to the industry distribution chart, International Games System Co ranks #48 out of 490 companies in the Interactive Media industry, placing it in the top 9.8%.
Is International Games System Co's Return-on-Tangible-Equity too high?
International Games System Co's current Return-on-Tangible-Equity of 68.30% is 21% above median its 10-year median of 56.29. Over the past 10 years, this metric has ranged from a low of 23.81 to a high of 72.02. The Interactive Media industry median Return-on-Tangible-Equity is 5.51. International Games System Co's value of 68.30% is 1139.6% above this industry median. Based on the distribution chart, International Games System Co ranks #48 out of 490 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, International Games System Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Games System Co's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, International Games System Co ranks #48 out of 490 companies for Return-on-Tangible-Equity. This places International Games System Co in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.51. International Games System Co's value of 68.30% is 1139.6% above this benchmark. Historically, International Games System Co's own Return-on-Tangible-Equity has ranged from 23.81 to 72.02 over the past decade. While the company's 10-year median is 56.29 vs. the industry median of 5.51, International Games System 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 an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.51, based on 490 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. International Games System Co's current Return-on-Tangible-Equity of 68.30% is 1139.6% 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 International Games System Co and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Games System Co's current Return-on-Tangible-Equity is 68.30%, which is 21% above median its own 10-year median of 56.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Games System Co stock overvalued right now?
Based on GuruFocus' analysis, International Games System Co (ROCO:3293) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$847.33, compared to a current price of NT$704.00 — trading 16.9% below its estimated fair value. The current Return-on-Tangible-Equity is 68.30%, which is 21% above median its 10-year median of 56.29 and 1139.6% above the Interactive Media industry median of 5.51. International Games System Co's overall GF Score™ is 96/100 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 International Games System Co (ROCO:3293), the current Return-on-Tangible-Equity is 68.30% 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 International Games System Co (ROCO:3293) Overvalued in 2026?

Based on GuruFocus' analysis, International Games System Co stock appears to be undervalued. The current stock price of NT$704.00 is trading 16.9% below its estimated GF Value™ of NT$847.33. GuruFocus considers International Games System Co to be Modestly Undervalued.

Key valuation signals for ROCO:3293:

  • Return-on-Tangible-Equity: 68.30% (21% above median its 10-year median of 56.29)
  • GF Value™: NT$847.33 vs. price of NT$704.00 (16.9% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 1139.6% above the Interactive Media median (#48 of 490)

No single metric tells the full story. See the ROCO:3293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Games System Co Business Description

Address No. 130, Wugong Road, Wugu District, New Taipei, TWN, 24886
International Games System Co Ltd plans, designs, researches, develops, manufactures, markets, and services commercial electronic arcade games, related software and hardware products, online games and mobile games. It offers arcade game, online game, mobile game, simulator machine games and online games. All the business activity is operated through Taiwan. There are two segments namely: Arcade game division, which derives maximum revenue and Online game division.
96GF Score

Get the complete analysis for ROCO:3293

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$704.00
Price
NT$847.33
GF Value