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T-win SystemsROCO:3693 -3.08%70 Return-on-Tangible-Equity is 5.09% as of Mar. 2026, which is 30% below its 10-year median of 7.30. GuruFocus rates ROCO:3693 with a GF Score™ of 70/100 and a GF Value™ of NT$259.07 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,384 Hardware companies, T-win Systems ranks better than 57.13% 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. T-win Systems's annualized net income for the quarter that ended in Mar. 2026 was NT$266 Mil. T-win Systems's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$5,222 Mil. Therefore, T-win Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.09%.
The historical rank and industry rank for T-win Systems's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:3693'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.62 Med: 7.3 Max: 37.86
Current: 7.19
During the past 13 years, T-win Systems's highest Return-on-Tangible-Equity was 37.86%. The lowest was -8.62%. And the median was 7.30%.
ROCO:3693's Return-on-Tangible-Equity is ranked better than 57.13% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs ROCO:3693: 7.19
T-win Systems (ROCO:3693) 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.
T-win Systems Return-on-Tangible-Equity Related Terms
T-win Systems Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for T-win Systems'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:3693 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, T-win Systems'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.
T-win Systems Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, T-win Systems's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where T-win Systems'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.09% mean?
T-win Systems (ROCO:3693) has a Return-on-Tangible-Equity of 5.09% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on T-win Systems and its competitors. This is 30% below median its historical median of 7.30. According to the industry distribution chart, T-win Systems ranks #1022 out of 2384 companies in the Hardware industry, placing it in the top 42.9%.
Is T-win Systems' Return-on-Tangible-Equity too high?
T-win Systems' current Return-on-Tangible-Equity of 5.09% is 30% below median its 10-year median of 7.30. The Hardware industry median Return-on-Tangible-Equity is 5.33. T-win Systems' value of 5.09% is 4.5% below this industry median. Based on the distribution chart, T-win Systems ranks #1022 out of 2384 companies in the Hardware industry, which is above the industry midpoint. Overall, T-win Systems has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T-win Systems' Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, T-win Systems ranks #1022 out of 2384 companies for Return-on-Tangible-Equity. This puts T-win Systems in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.33. T-win Systems' value of 5.09% is 4.5% below this benchmark. While the company's 10-year median is 7.30 vs. the industry median of 5.33, T-win Systems 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 5.33, based on 2,384 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. T-win Systems's current Return-on-Tangible-Equity of 5.09% is 4.5% 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 T-win Systems and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T-win Systems's current Return-on-Tangible-Equity is 5.09%, which is 30% below median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-win Systems stock overvalued right now?
Based on GuruFocus' analysis, T-win Systems (ROCO:3693) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$259.07, compared to a current price of NT$503.00 — trading 94.2% above its estimated fair value. The current Return-on-Tangible-Equity is 5.09%, which is 30% below median its 10-year median of 7.30 and 4.5% below the Hardware industry median of 5.33. T-win Systems' overall GF Score™ is 70/100 with 2 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 T-win Systems (ROCO:3693), the current Return-on-Tangible-Equity is 5.09% as of Mar. 2026. 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 T-win Systems (ROCO:3693) Overvalued in 2026?
Based on GuruFocus' analysis, T-win Systems stock appears to be overvalued.
The current stock price of NT$503.00 is trading 94.2% above its estimated GF Value™ of NT$259.07.
GuruFocus considers T-win Systems to be Significantly Overvalued.
Key valuation signals for ROCO:3693:
Return-on-Tangible-Equity: 5.09% (30% below median its 10-year median of 7.30)
GF Value™: NT$259.07 vs. price of NT$503.00 (94.2% above fair value)
Industry Position: 4.5% below the Hardware median (#1022 of 2384)
No single metric tells the full story. See the ROCO:3693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T-win Systems Inc provides OEM/ODM server and storage solutions including in-house design, validation, manufacturing and production, import and export of its expansive selection of products are flexible and can be configured to any form factor or custom configuration.
70GF Score
Get the complete analysis for ROCO:3693
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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