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Wholetech System HitechROCO:3402 -7.03%71 Return-on-Tangible-Equity is 20.29% as of Dec. 2025, which is 9% above its 10-year median of 18.53. GuruFocus rates ROCO:3402 with a GF Score™ of 71/100 and a GF Value™ of NT$100.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,969 Industrial Products companies, Wholetech System Hitech ranks better than 89.79% 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. Wholetech System Hitech's annualized net income for the quarter that ended in Dec. 2025 was NT$442 Mil. Wholetech System Hitech's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,176 Mil. Therefore, Wholetech System Hitech's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 20.29%.
The historical rank and industry rank for Wholetech System Hitech's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:3402'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.54 Med: 18.53 Max: 26.67
Current: 26.67
During the past 13 years, Wholetech System Hitech's highest Return-on-Tangible-Equity was 26.67%. The lowest was 13.54%. And the median was 18.53%.
ROCO:3402's Return-on-Tangible-Equity is ranked better than 89.79% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs ROCO:3402: 26.67
Wholetech System Hitech (ROCO:3402) 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.
Wholetech System Hitech Return-on-Tangible-Equity Related Terms
Wholetech System Hitech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wholetech System Hitech'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.
Wholetech System Hitech Return-on-Tangible-Equity Chart
ROCO:3402 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Wholetech System Hitech'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.
Wholetech System Hitech Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wholetech System Hitech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wholetech System Hitech'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 20.29% mean?
Wholetech System Hitech (ROCO:3402) has a Return-on-Tangible-Equity of 20.29% 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 Wholetech System Hitech and its competitors. This is near median its historical median of 18.53. Over the past decade, Wholetech System Hitech's Return-on-Tangible-Equity has ranged from 13.54 to 26.67. According to the industry distribution chart, Wholetech System Hitech ranks #303 out of 2969 companies in the Industrial Products industry, placing it in the top 10.2%.
Is Wholetech System Hitech's Return-on-Tangible-Equity too high?
Wholetech System Hitech's current Return-on-Tangible-Equity of 20.29% is near median its 10-year median of 18.53. Over the past 10 years, this metric has ranged from a low of 13.54 to a high of 26.67. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Wholetech System Hitech's value of 20.29% is 201.9% above this industry median. Based on the distribution chart, Wholetech System Hitech ranks #303 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Wholetech System Hitech has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wholetech System Hitech's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Wholetech System Hitech ranks #303 out of 2969 companies for Return-on-Tangible-Equity. This places Wholetech System Hitech in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Wholetech System Hitech's value of 20.29% is 201.9% above this benchmark. Historically, Wholetech System Hitech's own Return-on-Tangible-Equity has ranged from 13.54 to 26.67 over the past decade. While the company's 10-year median is 18.53 vs. the industry median of 6.72, Wholetech System Hitech 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 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. Wholetech System Hitech's current Return-on-Tangible-Equity of 20.29% is 201.9% 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 Wholetech System Hitech 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. Wholetech System Hitech's current Return-on-Tangible-Equity is 20.29%, which is near median its own 10-year median of 18.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholetech System Hitech stock overvalued right now?
Based on GuruFocus' analysis, Wholetech System Hitech (ROCO:3402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$100.10, compared to a current price of NT$145.50 — trading 45.4% above its estimated fair value. The current Return-on-Tangible-Equity is 20.29%, which is near median its 10-year median of 18.53 and 201.9% above the Industrial Products industry median of 6.72. Wholetech System Hitech's overall GF Score™ is 71/100 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 Wholetech System Hitech (ROCO:3402), the current Return-on-Tangible-Equity is 20.29% 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 Wholetech System Hitech (ROCO:3402) Overvalued in 2026?
Based on GuruFocus' analysis, Wholetech System Hitech stock appears to be overvalued.
The current stock price of NT$145.50 is trading 45.4% above its estimated GF Value™ of NT$100.10.
GuruFocus considers Wholetech System Hitech to be Significantly Overvalued.
Key valuation signals for ROCO:3402:
Return-on-Tangible-Equity: 20.29% (near median its 10-year median of 18.53)
GF Value™: NT$100.10 vs. price of NT$145.50 (45.4% above fair value)
Industry Position: 201.9% above the Industrial Products median (#303 of 2969)
No single metric tells the full story. See the ROCO:3402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wholetech System Hitech Ltd is engaged in the design and construction of processing pipeline projects and clean room projects. It designs, plans, constructs, and tests Bulk Gas Systems, Specialty Gas Supply Systems, Pumping & Exhaust Piping System design and Gas cabinets, Gas Rack VMB, and VMP, among others.
71GF Score
Get the complete analysis for ROCO:3402
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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