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.
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.
Allied IndustrialROCO:4702 -1.75%50 Return-on-Tangible-Equity is 14.74% as of Dec. 2025, which is 229% above its 10-year median of 4.48. GuruFocus rates ROCO:4702 with a GF Score™ of 50/100 and a GF Value™ of NT$2.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,570 Chemicals companies, Allied Industrial ranks worse than 53.63% 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. Allied Industrial's annualized net income for the quarter that ended in Dec. 2025 was NT$187.57 Mil. Allied Industrial's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,272.87 Mil. Therefore, Allied Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 14.74%.
The historical rank and industry rank for Allied Industrial's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4702'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.24 Med: 4.48 Max: 10.74
Current: 5.1
During the past 13 years, Allied Industrial's highest Return-on-Tangible-Equity was 10.74%. The lowest was -45.24%. And the median was 4.48%.
ROCO:4702's Return-on-Tangible-Equity is ranked worse than 53.63% of 1570
companies
in the Chemicals industry
Industry Median: 5.78
vs ROCO:4702: 5.10
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.
Allied Industrial Return-on-Tangible-Equity Related Terms
Allied Industrial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Allied Industrial'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:4702 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Allied Industrial'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.
Allied Industrial Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Allied Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Allied Industrial'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 14.74% mean?
Allied Industrial (ROCO:4702) has a Return-on-Tangible-Equity of 14.74% 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 Allied Industrial and its competitors. This is 229% above median its historical median of 4.48. According to the industry distribution chart, Allied Industrial ranks #842 out of 1570 companies in the Chemicals industry, placing it in the top 53.6%.
Is Allied Industrial's Return-on-Tangible-Equity too high?
Allied Industrial's current Return-on-Tangible-Equity of 14.74% is 229% above median its 10-year median of 4.48. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Allied Industrial's value of 14.74% is 155% above this industry median. Based on the distribution chart, Allied Industrial ranks #842 out of 1570 companies in the Chemicals industry, which is below the industry midpoint. Overall, Allied Industrial has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allied Industrial's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Allied Industrial ranks #842 out of 1570 companies for Return-on-Tangible-Equity. This places Allied Industrial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.78. Allied Industrial's value of 14.74% is 155% above this benchmark. While the company's 10-year median is 4.48 vs. the industry median of 5.78, Allied Industrial 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.78, based on 1,570 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. Allied Industrial's current Return-on-Tangible-Equity of 14.74% is 155% 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 Allied Industrial and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Industrial's current Return-on-Tangible-Equity is 14.74%, which is 229% above median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Industrial stock overvalued right now?
Based on GuruFocus' analysis, Allied Industrial (ROCO:4702) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2.45, compared to a current price of NT$9.56 — trading 290.2% above its estimated fair value. The current Return-on-Tangible-Equity is 14.74%, which is 229% above median its 10-year median of 4.48 and 155% above the Chemicals industry median of 5.78. Allied Industrial's overall GF Score™ is 50/100 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 Allied Industrial (ROCO:4702), the current Return-on-Tangible-Equity is 14.74% 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 Allied Industrial (ROCO:4702) Overvalued in 2026?
Based on GuruFocus' analysis, Allied Industrial stock appears to be overvalued.
The current stock price of NT$9.56 is trading 290.2% above its estimated GF Value™ of NT$2.45.
GuruFocus considers Allied Industrial to be Significantly Overvalued.
Key valuation signals for ROCO:4702:
Return-on-Tangible-Equity: 14.74% (229% above median its 10-year median of 4.48)
GF Value™: NT$2.45 vs. price of NT$9.56 (290.2% above fair value)
Industry Position: 155% above the Chemicals median (#842 of 1570)
No single metric tells the full story. See the ROCO:4702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allied Industrial Corp Ltd is engaged in the trading of disperse dyes, automobiles, and commodities, and in the production and sale of cigarette filters, nylon fibers, and polyester fibers. It is also actively investing in new businesses, including mobile distribution, venture capital, and financial technology. The group has two reportable operating segments: Department A and Department B. Department A, which generates the majority of overall revenue, is engaged in the trading of chemical products, such as dyes, in Taiwan. Department B is engaged in the trading of various commodities, while other departments are engaged in strategic investments. Geographically, it operates in Taiwan and Asia, which generate the maximum revenue, as well as other regions.
50GF Score
Get the complete analysis for ROCO:4702
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:4702 has been successfully added to your 
