Shuz Tung Machinery Industrial Co (ROCO:4537) Return-on-Tangible-Equity: 27.03% (As of Dec. 2025) — 358% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:4537 Shuz Tung Machinery Industrial Co Ltd ROCO:4537
41 GF Score
Price NT$163.50
GF Value NT$28.10
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Shuz Tung Machinery Industrial Co Return-on-Tangible-Equity?

Shuz Tung Machinery Industrial Co ROCO:4537 -2.68% 41 Return-on-Tangible-Equity is 27.03% as of Dec. 2025, which is 358% above its 10-year median of 5.90. GuruFocus rates ROCO:4537 with a GF Score™ of 41/100 and a GF Value™ of NT$28.10 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, Shuz Tung Machinery Industrial Co ranks worse than 59.38% 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. Shuz Tung Machinery Industrial Co's annualized net income for the quarter that ended in Dec. 2025 was NT$360 Mil. Shuz Tung Machinery Industrial Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,330 Mil. Therefore, Shuz Tung Machinery Industrial Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 27.03%.

The historical rank and industry rank for Shuz Tung Machinery Industrial Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:4537' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.98   Med: 5.9   Max: 25.99
Current: 4.51

During the past 13 years, Shuz Tung Machinery Industrial Co's highest Return-on-Tangible-Equity was 25.99%. The lowest was -8.98%. And the median was 5.90%.

ROCO:4537's Return-on-Tangible-Equity is ranked worse than
59.38% of 2969 companies
in the Industrial Products industry
Industry Median: 6.76 vs ROCO:4537: 4.51

Shuz Tung Machinery Industrial Co  (ROCO:4537) 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.


Shuz Tung Machinery Industrial Co Return-on-Tangible-Equity Related Terms


Shuz Tung Machinery Industrial Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shuz Tung Machinery Industrial 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.

Shuz Tung Machinery Industrial Co Return-on-Tangible-Equity Chart

Shuz Tung Machinery Industrial 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 7.02 25.99 -8.98 2.87 4.26

Shuz Tung Machinery Industrial Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -23.91 -27.78 33.12 -17.95 27.03

ROCO:4537 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Shuz Tung Machinery Industrial 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.


Shuz Tung Machinery Industrial Co Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shuz Tung Machinery Industrial Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shuz Tung Machinery Industrial Co's Return-on-Tangible-Equity falls into.


ROCO:4537
41GF Score
Shuz Tung Machinery Industrial Co Ltd ROCO:4537
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shuz Tung Machinery Industrial Co Return-on-Tangible-Equity Calculation

Shuz Tung Machinery Industrial 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 )
=61.452/( (1431.276+1454.7 )/ 2 )
=61.452/1442.988
=4.26 %

Shuz Tung Machinery Industrial 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: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=359.514/( (1205.494+1454.7)/ 2 )
=359.514/1330.097
=27.03 %

* 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 two times the semi-annual (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 27.03% mean?
Shuz Tung Machinery Industrial Co (ROCO:4537) has a Return-on-Tangible-Equity of 27.03% 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 Shuz Tung Machinery Industrial Co and its competitors. This is 358% above median its historical median of 5.90. According to the industry distribution chart, Shuz Tung Machinery Industrial Co ranks #1763 out of 2969 companies in the Industrial Products industry, placing it in the top 59.4%.
Is Shuz Tung Machinery Industrial Co's Return-on-Tangible-Equity too high?
Shuz Tung Machinery Industrial Co's current Return-on-Tangible-Equity of 27.03% is 358% above median its 10-year median of 5.90. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Shuz Tung Machinery Industrial Co's value of 27.03% is 299.9% above this industry median. Based on the distribution chart, Shuz Tung Machinery Industrial Co ranks #1763 out of 2969 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shuz Tung Machinery Industrial Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shuz Tung Machinery Industrial Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shuz Tung Machinery Industrial Co ranks #1763 out of 2969 companies for Return-on-Tangible-Equity. This places Shuz Tung Machinery Industrial Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Shuz Tung Machinery Industrial Co's value of 27.03% is 299.9% above this benchmark. While the company's 10-year median is 5.90 vs. the industry median of 6.76, Shuz Tung Machinery Industrial 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,969 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. Shuz Tung Machinery Industrial Co's current Return-on-Tangible-Equity of 27.03% is 299.9% 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 Shuz Tung Machinery Industrial Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuz Tung Machinery Industrial Co's current Return-on-Tangible-Equity is 27.03%, which is 358% above median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuz Tung Machinery Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shuz Tung Machinery Industrial Co (ROCO:4537) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.10, compared to a current price of NT$163.50 — trading 481.9% above its estimated fair value. The current Return-on-Tangible-Equity is 27.03%, which is 358% above median its 10-year median of 5.90 and 299.9% above the Industrial Products industry median of 6.76. Shuz Tung Machinery Industrial Co's overall GF Score™ is 41/100 with 4 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 Shuz Tung Machinery Industrial Co (ROCO:4537), the current Return-on-Tangible-Equity is 27.03% 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 Shuz Tung Machinery Industrial Co (ROCO:4537) Overvalued in 2026?

Based on GuruFocus' analysis, Shuz Tung Machinery Industrial Co stock appears to be overvalued. The current stock price of NT$163.50 is trading 481.9% above its estimated GF Value™ of NT$28.10. GuruFocus considers Shuz Tung Machinery Industrial Co to be Significantly Overvalued.

Key valuation signals for ROCO:4537:

  • Return-on-Tangible-Equity: 27.03% (358% above median its 10-year median of 5.90)
  • GF Value™: NT$28.10 vs. price of NT$163.50 (481.9% above fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 299.9% above the Industrial Products median (#1763 of 2969)

No single metric tells the full story. See the ROCO:4537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shuz Tung Machinery Industrial Co Business Description

Address No.30, Houliao Road, Waipu District, Central Science Industrial Park, Houli District, Taichung, TWN, 43859
Shuz Tung Machinery Industrial Co Ltd is a Taiwan based manufacturer of various machinery and automation equipment. It is specialized in tube processing, manufacturing of tube bending machines, turn-key equipment for bicycles, tubes for furniture, electronic equipment and others. The company's products include pipe/tube bender, bicycle machinery, end forming machinery, auto cell, electronic equipment and hydroforming OEM. The entity sells its products all around the world.
41GF Score

Get the complete analysis for ROCO:4537

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

NT$163.50
Price
NT$28.10
GF Value