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ROCO:3362'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -52.43 Med: 8.92 Max: 23.4
Current: -4.78
During the past 13 years, Ability Opto-Electronics Technology Co's highest Return-on-Tangible-Equity was 23.40%. The lowest was -52.43%. And the median was 8.92%.
ROCO:3362's Return-on-Tangible-Equity is ranked worse than 76.68% of 2384
companies
in the Hardware industry
Industry Median: 5.32
vs ROCO:3362: -4.78
Ability Opto-Electronics Technology Co (ROCO:3362) 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.
Ability Opto-Electronics Technology Co Return-on-Tangible-Equity Related Terms
Ability Opto-Electronics Technology Co Return-on-Tangible-Equity Historical Data
* 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.
Ability Opto-Electronics Technology Co Return-on-Tangible-Equity Chart
Ability Opto-Electronics Technology Co Annual Data
ROCO:3362 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Ability Opto-Electronics Technology 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.
Ability Opto-Electronics Technology Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Ability Opto-Electronics Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ability Opto-Electronics Technology 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 1.52% mean?
Ability Opto-Electronics Technology Co (ROCO:3362) has a Return-on-Tangible-Equity of 1.52% 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 Ability Opto-Electronics Technology Co and its competitors. This is 83% below median its historical median of 8.92. According to the industry distribution chart, Ability Opto-Electronics Technology Co ranks #1828 out of 2384 companies in the Hardware industry, placing it in the top 76.7%.
Is Ability Opto-Electronics Technology Co's Return-on-Tangible-Equity too high?
Ability Opto-Electronics Technology Co's current Return-on-Tangible-Equity of 1.52% is 83% below median its 10-year median of 8.92. The Hardware industry median Return-on-Tangible-Equity is 5.32. Ability Opto-Electronics Technology Co's value of 1.52% is 71.4% below this industry median. Based on the distribution chart, Ability Opto-Electronics Technology Co ranks #1828 out of 2384 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ability Opto-Electronics Technology Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ability Opto-Electronics Technology Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Ability Opto-Electronics Technology Co ranks #1828 out of 2384 companies for Return-on-Tangible-Equity. This places Ability Opto-Electronics Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Ability Opto-Electronics Technology Co's value of 1.52% is 71.4% below this benchmark. While the company's 10-year median is 8.92 vs. the industry median of 5.32, Ability Opto-Electronics Technology Co 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 2,384 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. Ability Opto-Electronics Technology Co's current Return-on-Tangible-Equity of 1.52% is 71.4% 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 Ability Opto-Electronics Technology Co 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. Ability Opto-Electronics Technology Co's current Return-on-Tangible-Equity is 1.52%, which is 83% below median its own 10-year median of 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ability Opto-Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ability Opto-Electronics Technology Co (ROCO:3362) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$186.19, compared to a current price of NT$150.50 — trading 19.2% below its estimated fair value. The current Return-on-Tangible-Equity is 1.52%, which is 83% below median its 10-year median of 8.92 and 71.4% below the Hardware industry median of 5.32. Ability Opto-Electronics Technology Co's overall GF Score™ is 63/100 with 6 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 Ability Opto-Electronics Technology Co (ROCO:3362), the current Return-on-Tangible-Equity is 1.52% 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 Ability Opto-Electronics Technology Co (ROCO:3362) Overvalued in 2026?
Based on GuruFocus' analysis, Ability Opto-Electronics Technology Co stock appears to be undervalued.
The current stock price of NT$150.50 is trading 19.2% below its estimated GF Value™ of NT$186.19.
GuruFocus considers Ability Opto-Electronics Technology Co to be Modestly Undervalued.
Key valuation signals for ROCO:3362:
Return-on-Tangible-Equity: 1.52% (83% below median its 10-year median of 8.92)
GF Value™: NT$186.19 vs. price of NT$150.50 (19.2% below fair value)
Industry Position: 71.4% below the Hardware median (#1828 of 2384)
No single metric tells the full story. See the ROCO:3362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ability Opto-Electronics Technology Co Business Description
Ability Opto-Electronics Technology Co Ltd is engaged in the research & development, and manufacturing of professional optical lenses. The company designs and manufactures lenses for scanners, projectors, digital cameras, multi-function printers, mobile phones, digital video recorders, multi-function printers, cell phone cameras, laptops, tablets, IP cameras, monitors, automotive lenses, and others. The reportable segments of the company are; the Optical segment which derives key revenue, and the Electronic components segment. Geographically, it derives maximum revenue from Mainland China and the rest from Taiwan, and other countries.
63GF Score
Get the complete analysis for ROCO:3362
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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