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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. Airlux Electrical Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-7.6 Mil. Airlux Electrical Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$143.6 Mil. Therefore, Airlux Electrical Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -5.27%.
The historical rank and industry rank for Airlux Electrical Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4609'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.87 Med: -15.15 Max: 2.01
Current: -3.52
During the past 13 years, Airlux Electrical Co's highest Return-on-Tangible-Equity was 2.01%. The lowest was -21.87%. And the median was -15.15%.
ROCO:4609's Return-on-Tangible-Equity is ranked worse than 74.91% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs ROCO:4609: -3.52
Airlux Electrical Co (ROCO:4609) 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.
Airlux Electrical Co Return-on-Tangible-Equity Related Terms
Airlux Electrical Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Airlux Electrical 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.
Airlux Electrical Co Return-on-Tangible-Equity Chart
ROCO:4609 vs AAPL: Return-on-Tangible-Equity Comparison
For the Consumer Electronics subindustry, Airlux Electrical 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.
Airlux Electrical Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Airlux Electrical Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Airlux Electrical 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 -5.27% mean?
Airlux Electrical Co (ROCO:4609) has a Return-on-Tangible-Equity of -5.27% 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 Airlux Electrical Co and its competitors. According to the industry distribution chart, Airlux Electrical Co ranks #1785 out of 2383 companies in the Hardware industry, placing it in the top 74.9%.
Is Airlux Electrical Co's Return-on-Tangible-Equity too high?
Airlux Electrical Co's current Return-on-Tangible-Equity is -5.27%. Based on the distribution chart, Airlux Electrical Co ranks #1785 out of 2383 companies in the Hardware industry, which is below the industry midpoint. Overall, Airlux Electrical Co has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Airlux Electrical Co's Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Airlux Electrical Co ranks #1785 out of 2383 companies for Return-on-Tangible-Equity. This places Airlux Electrical Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.34. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.34, based on 2,383 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. 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 Airlux Electrical Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airlux Electrical Co's current Return-on-Tangible-Equity is -5.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airlux Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Airlux Electrical Co (ROCO:4609) is currently considered Possible Value Trap. The stock's GF Value™ is NT$8.92, compared to a current price of NT$4.87 — trading 45.4% below its estimated fair value. The current Return-on-Tangible-Equity is -5.27%. Airlux Electrical Co's overall GF Score™ is 35/100 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 Airlux Electrical Co (ROCO:4609), the current Return-on-Tangible-Equity is -5.27% 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 Airlux Electrical Co (ROCO:4609) Overvalued in 2026?
Based on GuruFocus' analysis, Airlux Electrical Co stock appears to be undervalued.
The current stock price of NT$4.87 is trading 45.4% below its estimated GF Value™ of NT$8.92.
GuruFocus considers Airlux Electrical Co to be Possible Value Trap.
Key valuation signals for ROCO:4609:
Return-on-Tangible-Equity: -5.27%
GF Value™: NT$8.92 vs. price of NT$4.87 (45.4% below fair value)
No single metric tells the full story. See the ROCO:4609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airlux Electrical Co Ltd is a Taiwan based electrical appliances company. It is involved in the development of motor driven electrical appliances such as table blenders, food processor, hand blender, stand mixer and others. The company also offers other appliances such as soup maker, ceramic heater, convection oven, contact grill and others.
35GF Score
Get the complete analysis for ROCO:4609
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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