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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. Taiwan Benefit Co's annualized net income for the quarter that ended in Dec. 2025 was NT$246 Mil. Taiwan Benefit Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$634 Mil. Therefore, Taiwan Benefit Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 38.82%.
The historical rank and industry rank for Taiwan Benefit Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:3379'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.1 Med: -1.77 Max: 13.26
Current: 13.26
During the past 13 years, Taiwan Benefit Co's highest Return-on-Tangible-Equity was 13.26%. The lowest was -13.10%. And the median was -1.77%.
ROCO:3379's Return-on-Tangible-Equity is ranked better than 73.59% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs ROCO:3379: 13.26
Taiwan Benefit Co (ROCO:3379) 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.
Taiwan Benefit Co Return-on-Tangible-Equity Related Terms
Taiwan Benefit Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Taiwan Benefit 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.
ROCO:3379 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Taiwan Benefit 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.
Taiwan Benefit Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Taiwan Benefit Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Taiwan Benefit 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 38.82% mean?
Taiwan Benefit Co (ROCO:3379) has a Return-on-Tangible-Equity of 38.82% 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 Taiwan Benefit Co and its competitors. According to the industry distribution chart, Taiwan Benefit Co ranks #784 out of 2969 companies in the Industrial Products industry, placing it in the top 26.4%.
Is Taiwan Benefit Co's Return-on-Tangible-Equity too high?
Taiwan Benefit Co's current Return-on-Tangible-Equity is 38.82%. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Taiwan Benefit Co's value of 38.82% is 477.7% above this industry median. Based on the distribution chart, Taiwan Benefit Co ranks #784 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Taiwan Benefit Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Benefit Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Taiwan Benefit Co ranks #784 out of 2969 companies for Return-on-Tangible-Equity. This puts Taiwan Benefit Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Taiwan Benefit Co's value of 38.82% is 477.7% 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. Taiwan Benefit Co's current Return-on-Tangible-Equity of 38.82% is 477.7% 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 Taiwan Benefit Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Benefit Co's current Return-on-Tangible-Equity is 38.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Benefit Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Benefit Co (ROCO:3379) is currently considered Possible Value Trap. The stock's GF Value™ is NT$74.50, compared to a current price of NT$31.00 — trading 58.4% below its estimated fair value. The current Return-on-Tangible-Equity is 38.82% and 477.7% above the Industrial Products industry median of 6.72. Taiwan Benefit Co's overall GF Score™ is 56/100 with 3 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 Taiwan Benefit Co (ROCO:3379), the current Return-on-Tangible-Equity is 38.82% 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 Taiwan Benefit Co (ROCO:3379) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Benefit Co stock appears to be undervalued.
The current stock price of NT$31.00 is trading 58.4% below its estimated GF Value™ of NT$74.50.
GuruFocus considers Taiwan Benefit Co to be Possible Value Trap.
Key valuation signals for ROCO:3379:
Return-on-Tangible-Equity: 38.82%
GF Value™: NT$74.50 vs. price of NT$31.00 (58.4% below fair value)
Industry Position: 477.7% above the Industrial Products median (#784 of 2969)
No single metric tells the full story. See the ROCO:3379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Benefit Co manufactures and distributes processing and packaging production lines for the food and beverage industry. Its production equipment, includes tea extraction system, CIP system, Pasteurize System, Packaging Machine and Automatic palletizer, among others.
56GF Score
Get the complete analysis for ROCO:3379
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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