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ROCO:3465'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -83.05 Med: 0.85 Max: 88.15
Current: 0.16
During the past 13 years, New Advanced Electronics Technologies Co's highest Return-on-Tangible-Equity was 88.15%. The lowest was -83.05%. And the median was 0.85%.
ROCO:3465's Return-on-Tangible-Equity is ranked worse than 68.78% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs ROCO:3465: 0.16
New Advanced Electronics Technologies Co (ROCO:3465) 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.
New Advanced Electronics Technologies Co Return-on-Tangible-Equity Related Terms
New Advanced Electronics Technologies 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.
New Advanced Electronics Technologies Co Return-on-Tangible-Equity Chart
New Advanced Electronics Technologies Co Annual Data
ROCO:3465 vs AAPL: Return-on-Tangible-Equity Comparison
For the Consumer Electronics subindustry, New Advanced Electronics Technologies 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.
New Advanced Electronics Technologies Co Return-on-Tangible-Equity vs Hardware Industry
* 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 2.38% mean?
New Advanced Electronics Technologies Co (ROCO:3465) has a Return-on-Tangible-Equity of 2.38% 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 New Advanced Electronics Technologies Co and its competitors. This is 180% above median its historical median of 0.85. According to the industry distribution chart, New Advanced Electronics Technologies Co ranks #1639 out of 2383 companies in the Hardware industry, placing it in the top 68.8%.
Is New Advanced Electronics Technologies Co's Return-on-Tangible-Equity too high?
New Advanced Electronics Technologies Co's current Return-on-Tangible-Equity of 2.38% is 180% above median its 10-year median of 0.85. The Hardware industry median Return-on-Tangible-Equity is 5.34. New Advanced Electronics Technologies Co's value of 2.38% is 55.4% below this industry median. Based on the distribution chart, New Advanced Electronics Technologies Co ranks #1639 out of 2383 companies in the Hardware industry, which is below the industry midpoint. Overall, New Advanced Electronics Technologies Co has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Advanced Electronics Technologies Co's Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, New Advanced Electronics Technologies Co ranks #1639 out of 2383 companies for Return-on-Tangible-Equity. This places New Advanced Electronics Technologies Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.34. New Advanced Electronics Technologies Co's value of 2.38% is 55.4% below this benchmark. While the company's 10-year median is 0.85 vs. the industry median of 5.34, New Advanced Electronics Technologies 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 5.34, 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. New Advanced Electronics Technologies Co's current Return-on-Tangible-Equity of 2.38% is 55.4% 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 New Advanced Electronics Technologies Co 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. New Advanced Electronics Technologies Co's current Return-on-Tangible-Equity is 2.38%, which is 180% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Advanced Electronics Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, New Advanced Electronics Technologies Co (ROCO:3465) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$83.66, compared to a current price of NT$30.00 — trading 64.1% below its estimated fair value. The current Return-on-Tangible-Equity is 2.38%, which is 180% above median its 10-year median of 0.85 and 55.4% below the Hardware industry median of 5.34. New Advanced Electronics Technologies Co's overall GF Score™ is 59/100 with 9 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 New Advanced Electronics Technologies Co (ROCO:3465), the current Return-on-Tangible-Equity is 2.38% 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 New Advanced Electronics Technologies Co (ROCO:3465) Overvalued in 2026?
Based on GuruFocus' analysis, New Advanced Electronics Technologies Co stock appears to be undervalued.
The current stock price of NT$30.00 is trading 64.1% below its estimated GF Value™ of NT$83.66.
GuruFocus considers New Advanced Electronics Technologies Co to be Significantly Undervalued.
Key valuation signals for ROCO:3465:
Return-on-Tangible-Equity: 2.38% (180% above median its 10-year median of 0.85)
GF Value™: NT$83.66 vs. price of NT$30.00 (64.1% below fair value)
Industry Position: 55.4% below the Hardware median (#1639 of 2383)
No single metric tells the full story. See the ROCO:3465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Advanced Electronics Technologies Co Business Description
New Advanced Electronics Technologies Co Ltd is mainly engaged in the research and development, manufacture and sale of speakers and related products. The Company is an international brand specializing in professional audio solutions, with expertise in acoustics, mechanics, electronics, woodworking and software, providing customers with product design, development and manufacturing solutions. Its product range includes home theatre systems, floorstanding speakers, bookshelf speakers, subwoofers, surround speakers and other related products. Its segments include Taiwan, which generates maximum revenue, China and Vietnam. The Company operates across America, Asia and Europe, with America generating maximum revenue.
59GF Score
Get the complete analysis for ROCO:3465
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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