Forcecon Technology Co (ROCO:3483) Return-on-Tangible-Equity: 5.03% (As of Dec. 2025) — 54% Below Median

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ROCO:3483 Forcecon Technology Co Ltd ROCO:3483
77 GF Score
Price NT$77.20
GF Value NT$131.62
Valuation Significantly Undervalued
! 9 Warning Signs
View Full Analysis

What is Forcecon Technology Co Return-on-Tangible-Equity?

Forcecon Technology Co ROCO:3483 -5.39% 77 Return-on-Tangible-Equity is 5.03% as of Dec. 2025, which is 54% below its 10-year median of 10.82. GuruFocus rates ROCO:3483 with a GF Score™ of 77/100 and a GF Value™ of NT$131.62 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 2,383 Hardware companies, Forcecon Technology Co ranks better than 59.55% 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. Forcecon Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$243 Mil. Forcecon Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$4,830 Mil. Therefore, Forcecon Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.03%.

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

ROCO:3483' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.31   Med: 10.82   Max: 16.91
Current: 7.82

During the past 13 years, Forcecon Technology Co's highest Return-on-Tangible-Equity was 16.91%. The lowest was 0.31%. And the median was 10.82%.

ROCO:3483's Return-on-Tangible-Equity is ranked better than
59.55% of 2383 companies
in the Hardware industry
Industry Median: 5.34 vs ROCO:3483: 7.82

Forcecon Technology Co  (ROCO:3483) 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.


Forcecon Technology Co Return-on-Tangible-Equity Related Terms


Forcecon Technology Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Forcecon Technology 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.

Forcecon Technology Co Return-on-Tangible-Equity Chart

Forcecon Technology 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 13.66 14.98 16.91 15.64 7.56

Forcecon Technology 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 19.15 0.41 12.64 13.97 5.03

ROCO:3483 vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison

For the Electronics & Computer Distribution subindustry, Forcecon 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.


Forcecon Technology Co Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Forcecon Technology Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Forcecon Technology Co's Return-on-Tangible-Equity falls into.


ROCO:3483
77GF Score
Forcecon Technology Co Ltd ROCO:3483
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forcecon Technology Co Return-on-Tangible-Equity Calculation

Forcecon Technology 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 )
=369.669/( (4860.575+4921.102 )/ 2 )
=369.669/4890.8385
=7.56 %

Forcecon Technology 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 )
=243.18/( (4738.777+4921.102)/ 2 )
=243.18/4829.9395
=5.03 %

* 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 5.03% mean?
Forcecon Technology Co (ROCO:3483) has a Return-on-Tangible-Equity of 5.03% 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 Forcecon Technology Co and its competitors. This is 54% below median its historical median of 10.82. Over the past decade, Forcecon Technology Co's Return-on-Tangible-Equity has ranged from 0.31 to 16.91. According to the industry distribution chart, Forcecon Technology Co ranks #964 out of 2383 companies in the Hardware industry, placing it in the top 40.5%.
Is Forcecon Technology Co's Return-on-Tangible-Equity too high?
Forcecon Technology Co's current Return-on-Tangible-Equity of 5.03% is 54% below median its 10-year median of 10.82. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 16.91. The Hardware industry median Return-on-Tangible-Equity is 5.34. Forcecon Technology Co's value of 5.03% is 5.8% below this industry median. Based on the distribution chart, Forcecon Technology Co ranks #964 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Forcecon Technology Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forcecon Technology Co's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Forcecon Technology Co ranks #964 out of 2383 companies for Return-on-Tangible-Equity. This puts Forcecon Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.34. Forcecon Technology Co's value of 5.03% is 5.8% below this benchmark. Historically, Forcecon Technology Co's own Return-on-Tangible-Equity has ranged from 0.31 to 16.91 over the past decade. While the company's 10-year median is 10.82 vs. the industry median of 5.34, Forcecon 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 5.34, 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. Forcecon Technology Co's current Return-on-Tangible-Equity of 5.03% is 5.8% 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 Forcecon Technology 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. Forcecon Technology Co's current Return-on-Tangible-Equity is 5.03%, which is 54% below median its own 10-year median of 10.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcecon Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Forcecon Technology Co (ROCO:3483) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$131.62, compared to a current price of NT$77.20 — trading 41.3% below its estimated fair value. The current Return-on-Tangible-Equity is 5.03%, which is 54% below median its 10-year median of 10.82 and 5.8% below the Hardware industry median of 5.34. Forcecon Technology Co's overall GF Score™ is 77/100 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 Forcecon Technology Co (ROCO:3483), the current Return-on-Tangible-Equity is 5.03% 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 Forcecon Technology Co (ROCO:3483) Overvalued in 2026?

Based on GuruFocus' analysis, Forcecon Technology Co stock appears to be undervalued. The current stock price of NT$77.20 is trading 41.3% below its estimated GF Value™ of NT$131.62. GuruFocus considers Forcecon Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:3483:

  • Return-on-Tangible-Equity: 5.03% (54% below median its 10-year median of 10.82)
  • GF Value™: NT$131.62 vs. price of NT$77.20 (41.3% below fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 5.8% below the Hardware median (#964 of 2383)

No single metric tells the full story. See the ROCO:3483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forcecon Technology Co Business Description

Address 2nd Floor, No. 31, Xintai road, Hsinchu County, Zhubei, TWN, 30252
Forcecon Technology Co Ltd is a Taiwan-based company engaged in business activities that include the design, manufacturing, processing, and trading of computer and peripheral equipment components. The company has a wide range of applications and product portfolios that include axial fans, blower fans, heat pipes, vapor chambers, slim vapor chambers, heat sinks, thermal modules, cold plates liquid cooling, and immersion cooling technology.
77GF Score

Get the complete analysis for ROCO:3483

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

NT$77.20
Price
NT$131.62
GF Value