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Chang Jia M&E EngineeringROCO:4550 -2.40%59 Return-on-Tangible-Equity is 19.41% as of Dec. 2025, which is 35% above its 10-year median of 14.39. GuruFocus rates ROCO:4550 with a GF Score™ of 59/100 and a GF Value™ of NT$17.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,712 Construction companies, Chang Jia M&E Engineering ranks better than 51.4% 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. Chang Jia M&E Engineering's annualized net income for the quarter that ended in Dec. 2025 was NT$103.4 Mil. Chang Jia M&E Engineering's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$532.7 Mil. Therefore, Chang Jia M&E Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 19.41%.
The historical rank and industry rank for Chang Jia M&E Engineering's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4550'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.22 Med: 14.39 Max: 19.44
Current: 8.68
During the past 13 years, Chang Jia M&E Engineering's highest Return-on-Tangible-Equity was 19.44%. The lowest was 8.22%. And the median was 14.39%.
ROCO:4550's Return-on-Tangible-Equity is ranked better than 51.4% of 1712
companies
in the Construction industry
Industry Median: 8.21
vs ROCO:4550: 8.68
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.
Chang Jia M&E Engineering Return-on-Tangible-Equity Related Terms
Chang Jia M&E Engineering Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chang Jia M&E Engineering'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:4550 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Chang Jia M&E Engineering'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.
Chang Jia M&E Engineering Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Chang Jia M&E Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chang Jia M&E Engineering'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 19.41% mean?
Chang Jia M&E Engineering (ROCO:4550) has a Return-on-Tangible-Equity of 19.41% 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 Chang Jia M&E Engineering and its competitors. This is 35% above median its historical median of 14.39. Over the past decade, Chang Jia M&E Engineering's Return-on-Tangible-Equity has ranged from 8.22 to 19.44. According to the industry distribution chart, Chang Jia M&E Engineering ranks #832 out of 1712 companies in the Construction industry, placing it in the top 48.6%.
Is Chang Jia M&E Engineering's Return-on-Tangible-Equity too high?
Chang Jia M&E Engineering's current Return-on-Tangible-Equity of 19.41% is 35% above median its 10-year median of 14.39. Over the past 10 years, this metric has ranged from a low of 8.22 to a high of 19.44. The Construction industry median Return-on-Tangible-Equity is 8.21. Chang Jia M&E Engineering's value of 19.41% is 136.4% above this industry median. Based on the distribution chart, Chang Jia M&E Engineering ranks #832 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Chang Jia M&E Engineering has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Jia M&E Engineering's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Chang Jia M&E Engineering ranks #832 out of 1712 companies for Return-on-Tangible-Equity. This puts Chang Jia M&E Engineering in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Chang Jia M&E Engineering's value of 19.41% is 136.4% above this benchmark. Historically, Chang Jia M&E Engineering's own Return-on-Tangible-Equity has ranged from 8.22 to 19.44 over the past decade. While the company's 10-year median is 14.39 vs. the industry median of 8.21, Chang Jia M&E Engineering 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,712 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. Chang Jia M&E Engineering's current Return-on-Tangible-Equity of 19.41% is 136.4% 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 Chang Jia M&E Engineering and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Jia M&E Engineering's current Return-on-Tangible-Equity is 19.41%, which is 35% above median its own 10-year median of 14.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Jia M&E Engineering stock overvalued right now?
Based on GuruFocus' analysis, Chang Jia M&E Engineering (ROCO:4550) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.62, compared to a current price of NT$24.40 — trading 38.5% above its estimated fair value. The current Return-on-Tangible-Equity is 19.41%, which is 35% above median its 10-year median of 14.39 and 136.4% above the Construction industry median of 8.21. Chang Jia M&E Engineering's overall GF Score™ is 59/100 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 Chang Jia M&E Engineering (ROCO:4550), the current Return-on-Tangible-Equity is 19.41% 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 Chang Jia M&E Engineering (ROCO:4550) Overvalued in 2026?
Based on GuruFocus' analysis, Chang Jia M&E Engineering stock appears to be overvalued.
The current stock price of NT$24.40 is trading 38.5% above its estimated GF Value™ of NT$17.62.
GuruFocus considers Chang Jia M&E Engineering to be Significantly Overvalued.
Key valuation signals for ROCO:4550:
Return-on-Tangible-Equity: 19.41% (35% above median its 10-year median of 14.39)
GF Value™: NT$17.62 vs. price of NT$24.40 (38.5% above fair value)
Industry Position: 136.4% above the Construction median (#832 of 1712)
No single metric tells the full story. See the ROCO:4550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chang Jia M&E Engineering Corp is a Taiwan-based company engaged in the planning, design and engineering contracting of electrical, drainage and air conditioning equipment for various commercial buildings and factories, as well as the operation of sports centers and the import and export of the above-mentioned equipment.
59GF Score
Get the complete analysis for ROCO:4550
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