Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Toung Loong Textile Mfg CoROCO:4401 -1.67%63 Return-on-Tangible-Equity is 4.51% as of Dec. 2025, which is 37% below its 10-year median of 7.18. GuruFocus rates ROCO:4401 with a GF Score™ of 63/100 and a GF Value™ of NT$25.00 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Toung Loong Textile Mfg Co ranks worse than 54.91% 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. Toung Loong Textile Mfg Co's annualized net income for the quarter that ended in Dec. 2025 was NT$121 Mil. Toung Loong Textile Mfg Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,676 Mil. Therefore, Toung Loong Textile Mfg Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.51%.
The historical rank and industry rank for Toung Loong Textile Mfg Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4401'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.6 Med: 7.18 Max: 20.63
Current: 3.34
During the past 13 years, Toung Loong Textile Mfg Co's highest Return-on-Tangible-Equity was 20.63%. The lowest was -0.60%. And the median was 7.18%.
ROCO:4401's Return-on-Tangible-Equity is ranked worse than 54.91% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.425
vs ROCO:4401: 3.34
Toung Loong Textile Mfg Co (ROCO:4401) 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.
Toung Loong Textile Mfg Co Return-on-Tangible-Equity Related Terms
Toung Loong Textile Mfg 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.
Toung Loong Textile Mfg Co Return-on-Tangible-Equity Chart
Toung Loong Textile Mfg Co Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Toung Loong Textile Mfg 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.
Toung Loong Textile Mfg Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toung Loong Textile Mfg Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Toung Loong Textile Mfg 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 4.51% mean?
Toung Loong Textile Mfg Co (ROCO:4401) has a Return-on-Tangible-Equity of 4.51% 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 Toung Loong Textile Mfg Co and its competitors. This is 37% below median its historical median of 7.18. According to the industry distribution chart, Toung Loong Textile Mfg Co ranks #559 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.9%.
Is Toung Loong Textile Mfg Co's Return-on-Tangible-Equity too high?
Toung Loong Textile Mfg Co's current Return-on-Tangible-Equity of 4.51% is 37% below median its 10-year median of 7.18. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Toung Loong Textile Mfg Co's value of 4.51% is 1.9% above this industry median. Based on the distribution chart, Toung Loong Textile Mfg Co ranks #559 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Toung Loong Textile Mfg Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Toung Loong Textile Mfg Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Toung Loong Textile Mfg Co ranks #559 out of 1018 companies for Return-on-Tangible-Equity. This places Toung Loong Textile Mfg Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Toung Loong Textile Mfg Co's value of 4.51% is 1.9% above this benchmark. While the company's 10-year median is 7.18 vs. the industry median of 4.43, Toung Loong Textile Mfg Co 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,018 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. Toung Loong Textile Mfg Co's current Return-on-Tangible-Equity of 4.51% is 1.9% 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 Toung Loong Textile Mfg Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toung Loong Textile Mfg Co's current Return-on-Tangible-Equity is 4.51%, which is 37% below median its own 10-year median of 7.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toung Loong Textile Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Toung Loong Textile Mfg Co (ROCO:4401) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.00, compared to a current price of NT$14.75 — trading 41% below its estimated fair value. The current Return-on-Tangible-Equity is 4.51%, which is 37% below median its 10-year median of 7.18 and 1.9% above the Manufacturing - Apparel & Accessories industry median of 4.43. Toung Loong Textile Mfg Co's overall GF Score™ is 63/100 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 Toung Loong Textile Mfg Co (ROCO:4401), the current Return-on-Tangible-Equity is 4.51% 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 Toung Loong Textile Mfg Co (ROCO:4401) Overvalued in 2026?
Based on GuruFocus' analysis, Toung Loong Textile Mfg Co stock appears to be undervalued.
The current stock price of NT$14.75 is trading 41% below its estimated GF Value™ of NT$25.00.
GuruFocus considers Toung Loong Textile Mfg Co to be Possible Value Trap.
Key valuation signals for ROCO:4401:
Return-on-Tangible-Equity: 4.51% (37% below median its 10-year median of 7.18)
GF Value™: NT$25.00 vs. price of NT$14.75 (41% below fair value)
Industry Position: 1.9% above the Manufacturing - Apparel & Accessories median (#559 of 1018)
No single metric tells the full story. See the ROCO:4401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toung Loong Textile Mfg Co Ltd is engaged in the textile industry, woven fabric industry, non-woven fabric industry, printing and dyeing industry, garment industry, clothing and accessories manufacturing industry, other textile and product manufacturing industries, man-made fiber manufacturing industry, textiles, clothing, shoes, hats, umbrellas, and clothing accessories wholesale industry, textiles, clothing, shoes, hats, umbrellas, and clothing accessories retail industry, and the international trade industry.
63GF Score
Get the complete analysis for ROCO:4401
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:4401 has been successfully added to your 
