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Koge Micro Tech Co (ROCO:4568) Return-on-Tangible-Equity : 11.82% (As of Mar. 2025)


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What is Koge Micro Tech Co Return-on-Tangible-Equity?

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. Koge Micro Tech Co's annualized net income for the quarter that ended in Mar. 2025 was NT$131 Mil. Koge Micro Tech Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was NT$1,106 Mil. Therefore, Koge Micro Tech Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 11.82%.

The historical rank and industry rank for Koge Micro Tech Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:4568' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.95   Med: 13.41   Max: 31.28
Current: 9.75

During the past 11 years, Koge Micro Tech Co's highest Return-on-Tangible-Equity was 31.28%. The lowest was 2.95%. And the median was 13.41%.

ROCO:4568's Return-on-Tangible-Equity is ranked better than
62.49% of 2930 companies
in the Industrial Products industry
Industry Median: 6.695 vs ROCO:4568: 9.75

Koge Micro Tech Co Return-on-Tangible-Equity Historical Data

The historical data trend for Koge Micro Tech 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.

* Premium members only.

Koge Micro Tech Co Return-on-Tangible-Equity Chart

Koge Micro Tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.91 13.70 13.08 2.95 8.07

Koge Micro Tech Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.90 8.69 12.82 5.55 11.82

Competitive Comparison of Koge Micro Tech Co's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Koge Micro Tech 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.


Koge Micro Tech Co's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Koge Micro Tech Co's Return-on-Tangible-Equity falls into.


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Koge Micro Tech Co Return-on-Tangible-Equity Calculation

Koge Micro Tech Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=88.673/( (1079.404+1118.2 )/ 2 )
=88.673/1098.802
=8.07 %

Koge Micro Tech Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=130.676/( (1118.2+1093.281)/ 2 )
=130.676/1105.7405
=11.82 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Koge Micro Tech Co  (ROCO:4568) 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.


Koge Micro Tech Co Return-on-Tangible-Equity Related Terms

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Koge Micro Tech Co Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, No.6, Jiankang Road, Zhonghe District, New Taipei City, TWN, 23586
Koge Micro Tech Co Ltd is a Taiwan-based company engaged in the business of manufacturing precision pumps and valves. It engages in designing and producing different types of precision pumps and valves including air pumps, vacuum pumps, water pumps, gear pumps, and electromagnetic pumps; one-way solenoid valves, two-way solenoid valves, three-way solenoid valves, combined-type solenoid valves, linear-type solenoid valve and solenoid valves. The group's products are used and sold in fuel cells, energy and environment, environmental monitoring, detection analysis, medical devices, automotive products, healthcare equipment, beauty care apparatus, and household appliance fields.

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