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Yao I Fabric CoROCO:4430 -0.88%66 Return-on-Tangible-Equity is 0.96% as of Dec. 2025, which is 23% above its 10-year median of 0.78. GuruFocus rates ROCO:4430 with a GF Score™ of 66/100 and a GF Value™ of NT$22.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Yao I Fabric Co ranks worse than 73.82% 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. Yao I Fabric Co's annualized net income for the quarter that ended in Dec. 2025 was NT$16 Mil. Yao I Fabric Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,691 Mil. Therefore, Yao I Fabric Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.96%.
The historical rank and industry rank for Yao I Fabric Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4430'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.4 Med: 0.78 Max: 20.11
Current: -0.63
During the past 13 years, Yao I Fabric Co's highest Return-on-Tangible-Equity was 20.11%. The lowest was -8.40%. And the median was 0.78%.
ROCO:4430's Return-on-Tangible-Equity is ranked worse than 73.82% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs ROCO:4430: -0.63
Yao I Fabric Co (ROCO:4430) 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.
Yao I Fabric Co Return-on-Tangible-Equity Related Terms
Yao I Fabric Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Yao I Fabric 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.
Yao I Fabric Co Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Yao I Fabric 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.
Yao I Fabric Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yao I Fabric Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Yao I Fabric 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 0.96% mean?
Yao I Fabric Co (ROCO:4430) has a Return-on-Tangible-Equity of 0.96% 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 Yao I Fabric Co and its competitors. This is 23% above median its historical median of 0.78. According to the industry distribution chart, Yao I Fabric Co ranks #750 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 73.8%.
Is Yao I Fabric Co's Return-on-Tangible-Equity too high?
Yao I Fabric Co's current Return-on-Tangible-Equity of 0.96% is 23% above median its 10-year median of 0.78. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Yao I Fabric Co's value of 0.96% is 78.3% below this industry median. Based on the distribution chart, Yao I Fabric Co ranks #750 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Yao I Fabric Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yao I Fabric Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Yao I Fabric Co ranks #750 out of 1016 companies for Return-on-Tangible-Equity. This places Yao I Fabric Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Yao I Fabric Co's value of 0.96% is 78.3% below this benchmark. While the company's 10-year median is 0.78 vs. the industry median of 4.43, Yao I Fabric 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,016 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. Yao I Fabric Co's current Return-on-Tangible-Equity of 0.96% is 78.3% 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 Yao I Fabric 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. Yao I Fabric Co's current Return-on-Tangible-Equity is 0.96%, which is 23% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yao I Fabric Co stock overvalued right now?
Based on GuruFocus' analysis, Yao I Fabric Co (ROCO:4430) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$22.83, compared to a current price of NT$16.80 — trading 26.4% below its estimated fair value. The current Return-on-Tangible-Equity is 0.96%, which is 23% above median its 10-year median of 0.78 and 78.3% below the Manufacturing - Apparel & Accessories industry median of 4.43. Yao I Fabric Co's overall GF Score™ is 66/100 with 6 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 Yao I Fabric Co (ROCO:4430), the current Return-on-Tangible-Equity is 0.96% 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 Yao I Fabric Co (ROCO:4430) Overvalued in 2026?
Based on GuruFocus' analysis, Yao I Fabric Co stock appears to be undervalued.
The current stock price of NT$16.80 is trading 26.4% below its estimated GF Value™ of NT$22.83.
GuruFocus considers Yao I Fabric Co to be Modestly Undervalued.
Key valuation signals for ROCO:4430:
Return-on-Tangible-Equity: 0.96% (23% above median its 10-year median of 0.78)
GF Value™: NT$22.83 vs. price of NT$16.80 (26.4% below fair value)
Industry Position: 78.3% below the Manufacturing - Apparel & Accessories median (#750 of 1016)
No single metric tells the full story. See the ROCO:4430 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yao I Fabric Co Ltd is engaged in the manufacturing and export of tennis strings, badminton lines, fishing lines, industrial lines as well as nylon lines. The company operates in two business groups, such as filament and staple business groups. Its filament business includes trimmer line, monofilament, elastic mesh fabric, sporting goods, bedclothes, pet goods. The staple business includes staple fiber, automobile nonwovens.
66GF Score
Get the complete analysis for ROCO:4430
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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