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Hong Wei Electrical Industry CoROCO:4565 88 Return-on-Tangible-Equity is 23.43% as of Dec. 2025, which is 10% above its 10-year median of 21.23. GuruFocus rates ROCO:4565 with a GF Score™ of 88/100 and a GF Value™ of NT$102.92 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,969 Industrial Products companies, Hong Wei Electrical Industry Co ranks better than 86.12% 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. Hong Wei Electrical Industry Co's annualized net income for the quarter that ended in Dec. 2025 was NT$463 Mil. Hong Wei Electrical Industry Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,977 Mil. Therefore, Hong Wei Electrical Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 23.43%.
The historical rank and industry rank for Hong Wei Electrical Industry Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4565'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.77 Med: 21.23 Max: 28.96
Current: 21.32
During the past 13 years, Hong Wei Electrical Industry Co's highest Return-on-Tangible-Equity was 28.96%. The lowest was 17.77%. And the median was 21.23%.
ROCO:4565's Return-on-Tangible-Equity is ranked better than 86.12% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs ROCO:4565: 21.32
Hong Wei Electrical Industry Co (ROCO:4565) 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.
Hong Wei Electrical Industry Co Return-on-Tangible-Equity Related Terms
Hong Wei Electrical Industry 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.
Hong Wei Electrical Industry Co Return-on-Tangible-Equity Chart
ROCO:4565 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Hong Wei Electrical Industry 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.
Hong Wei Electrical Industry Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hong Wei Electrical Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hong Wei Electrical Industry 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 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 23.43% mean?
Hong Wei Electrical Industry Co (ROCO:4565) has a Return-on-Tangible-Equity of 23.43% 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 Hong Wei Electrical Industry Co and its competitors. This is 10% above median its historical median of 21.23. Over the past decade, Hong Wei Electrical Industry Co's Return-on-Tangible-Equity has ranged from 17.77 to 28.96. According to the industry distribution chart, Hong Wei Electrical Industry Co ranks #412 out of 2969 companies in the Industrial Products industry, placing it in the top 13.9%.
Is Hong Wei Electrical Industry Co's Return-on-Tangible-Equity too high?
Hong Wei Electrical Industry Co's current Return-on-Tangible-Equity of 23.43% is 10% above median its 10-year median of 21.23. Over the past 10 years, this metric has ranged from a low of 17.77 to a high of 28.96. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Hong Wei Electrical Industry Co's value of 23.43% is 248.7% above this industry median. Based on the distribution chart, Hong Wei Electrical Industry Co ranks #412 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Wei Electrical Industry Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Wei Electrical Industry Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hong Wei Electrical Industry Co ranks #412 out of 2969 companies for Return-on-Tangible-Equity. This places Hong Wei Electrical Industry Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Hong Wei Electrical Industry Co's value of 23.43% is 248.7% above this benchmark. Historically, Hong Wei Electrical Industry Co's own Return-on-Tangible-Equity has ranged from 17.77 to 28.96 over the past decade. While the company's 10-year median is 21.23 vs. the industry median of 6.72, Hong Wei Electrical Industry 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 6.72, 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. Hong Wei Electrical Industry Co's current Return-on-Tangible-Equity of 23.43% is 248.7% 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 Hong Wei Electrical Industry Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Wei Electrical Industry Co's current Return-on-Tangible-Equity is 23.43%, which is 10% above median its own 10-year median of 21.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Wei Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co (ROCO:4565) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$102.92, compared to a current price of NT$124.50 — trading 21% above its estimated fair value. The current Return-on-Tangible-Equity is 23.43%, which is 10% above median its 10-year median of 21.23 and 248.7% above the Industrial Products industry median of 6.72. Hong Wei Electrical Industry Co's overall GF Score™ is 88/100 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 Hong Wei Electrical Industry Co (ROCO:4565), the current Return-on-Tangible-Equity is 23.43% 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 Hong Wei Electrical Industry Co (ROCO:4565) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co stock appears to be overvalued.
The current stock price of NT$124.50 is trading 21% above its estimated GF Value™ of NT$102.92.
GuruFocus considers Hong Wei Electrical Industry Co to be Modestly Overvalued.
Key valuation signals for ROCO:4565:
Return-on-Tangible-Equity: 23.43% (10% above median its 10-year median of 21.23)
GF Value™: NT$102.92 vs. price of NT$124.50 (21% above fair value)
Industry Position: 248.7% above the Industrial Products median (#412 of 2969)
No single metric tells the full story. See the ROCO:4565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Wei Electrical Industry Co Business Description
Hong Wei Electrical Industry Co Ltd is a Taiwan based company involved in manufacturing vertical vehicles. Its products include Freight Elevators like 2 Panels Center Opening Door, 2 Panels Side Opening Door, 3 Panels Side Opening Door, and 4 Panels Center Opening Door; Driving system; Special Elevator, Passenger Elevator, and Automatic Conveyor.
88GF Score
Get the complete analysis for ROCO:4565
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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