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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. Toplus Global Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-84 Mil. Toplus Global Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$108 Mil. Therefore, Toplus Global Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -78.00%.
The historical rank and industry rank for Toplus Global Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:3522'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -207.96 Med: -59.92 Max: 2.75
Current: -113.28
During the past 13 years, Toplus Global Co's highest Return-on-Tangible-Equity was 2.75%. The lowest was -207.96%. And the median was -59.92%.
ROCO:3522's Return-on-Tangible-Equity is ranked worse than 96.36% of 330
companies
in the Restaurants industry
Industry Median: 8.715
vs ROCO:3522: -113.28
Toplus Global Co (ROCO:3522) 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.
Toplus Global Co Return-on-Tangible-Equity Related Terms
Toplus Global Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Toplus Global 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:3522 vs MCD, SBUX, YUM: Return-on-Tangible-Equity Comparison
For the Restaurants subindustry, Toplus Global 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.
Toplus Global Co Return-on-Tangible-Equity vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Toplus Global Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Toplus Global 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 -78.00% mean?
Toplus Global Co (ROCO:3522) has a Return-on-Tangible-Equity of -78.00% 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 Toplus Global Co and its competitors. According to the industry distribution chart, Toplus Global Co ranks #318 out of 330 companies in the Restaurants industry, placing it in the top 96.4%.
Is Toplus Global Co's Return-on-Tangible-Equity too high?
Toplus Global Co's current Return-on-Tangible-Equity is -78.00%. Based on the distribution chart, Toplus Global Co ranks #318 out of 330 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Toplus Global Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toplus Global Co's Return-on-Tangible-Equity compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Toplus Global Co ranks #318 out of 330 companies for Return-on-Tangible-Equity. This places Toplus Global Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.72. 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 Restaurants company?
The median Return-on-Tangible-Equity among Restaurants companies is 8.72, based on 330 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. 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 Toplus Global Co and its competitors. For the Restaurants industry, the median Return-on-Tangible-Equity is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplus Global Co's current Return-on-Tangible-Equity is -78.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplus Global Co stock overvalued right now?
Based on GuruFocus' analysis, Toplus Global Co (ROCO:3522) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.46, compared to a current price of NT$13.10 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Equity is -78.00%. Toplus Global Co's overall GF Score™ is 46/100 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 Toplus Global Co (ROCO:3522), the current Return-on-Tangible-Equity is -78.00% 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 Toplus Global Co (ROCO:3522) Overvalued in 2026?
Based on GuruFocus' analysis, Toplus Global Co stock appears to be undervalued.
The current stock price of NT$13.10 is trading 20.4% below its estimated GF Value™ of NT$16.46.
GuruFocus considers Toplus Global Co to be Modestly Undervalued.
Key valuation signals for ROCO:3522:
Return-on-Tangible-Equity: -78.00%
GF Value™: NT$16.46 vs. price of NT$13.10 (20.4% below fair value)
No single metric tells the full story. See the ROCO:3522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toplus Global Co Ltd provides catering management services. The Company offers specialties, fast food products, desserts, drinks, and other related products. It also provides wedding services. It owns DingXian and AmazingHall. DingXian stores in Taipei, Taichung, and Kaohsiung. Amazing Hall contains wedding halls and a marine manor. Its segments are Catering segments and Other segments. The catering segment, which generated maximum revenue, is responsible for catering management and operations; and Other segments, are responsible for hotel catering management consulting and travel agency services.
46GF Score
Get the complete analysis for ROCO:3522
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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