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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. Tah Kong Chemical Industrial's annualized net income for the quarter that ended in Jun. 2026 was NT$83 Mil. Tah Kong Chemical Industrial's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$1,547 Mil. Therefore, Tah Kong Chemical Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 5.39%.
The historical rank and industry rank for Tah Kong Chemical Industrial's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4706'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.38 Med: 5.85 Max: 12.16
Current: 5.87
During the past 13 years, Tah Kong Chemical Industrial's highest Return-on-Tangible-Equity was 12.16%. The lowest was 0.38%. And the median was 5.85%.
ROCO:4706's Return-on-Tangible-Equity is ranked worse than 53.68% of 1576
companies
in the Chemicals industry
Industry Median: 6.63
vs ROCO:4706: 5.87
Tah Kong Chemical Industrial (ROCO:4706) 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.
Tah Kong Chemical Industrial Return-on-Tangible-Equity Related Terms
Tah Kong Chemical Industrial 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.
Tah Kong Chemical Industrial Return-on-Tangible-Equity Chart
ROCO:4706 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Tah Kong Chemical 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.
Tah Kong Chemical Industrial Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tah Kong Chemical Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tah Kong Chemical 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.39% mean?
Tah Kong Chemical Industrial (ROCO:4706) has a Return-on-Tangible-Equity of 5.39% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tah Kong Chemical Industrial and its competitors. This is near median its historical median of 5.85. Over the past decade, Tah Kong Chemical Industrial's Return-on-Tangible-Equity has ranged from 0.38 to 12.16. According to the industry distribution chart, Tah Kong Chemical Industrial ranks #846 out of 1576 companies in the Chemicals industry, placing it in the top 53.7%.
Is Tah Kong Chemical Industrial's Return-on-Tangible-Equity too high?
Tah Kong Chemical Industrial's current Return-on-Tangible-Equity of 5.39% is near median its 10-year median of 5.85. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 12.16. The Chemicals industry median Return-on-Tangible-Equity is 6.63. Tah Kong Chemical Industrial's value of 5.39% is 18.7% below this industry median. Based on the distribution chart, Tah Kong Chemical Industrial ranks #846 out of 1576 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tah Kong Chemical Industrial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tah Kong Chemical Industrial's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tah Kong Chemical Industrial ranks #846 out of 1576 companies for Return-on-Tangible-Equity. This places Tah Kong Chemical Industrial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.63. Tah Kong Chemical Industrial's value of 5.39% is 18.7% below this benchmark. Historically, Tah Kong Chemical Industrial's own Return-on-Tangible-Equity has ranged from 0.38 to 12.16 over the past decade. While the company's 10-year median is 5.85 vs. the industry median of 6.63, Tah Kong Chemical Industrial has consistently been below 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 6.63, based on 1,576 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. Tah Kong Chemical Industrial's current Return-on-Tangible-Equity of 5.39% is 18.7% below 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 Tah Kong Chemical Industrial and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tah Kong Chemical Industrial's current Return-on-Tangible-Equity is 5.39%, which is near median its own 10-year median of 5.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tah Kong Chemical Industrial stock overvalued right now?
Based on GuruFocus' analysis, Tah Kong Chemical Industrial (ROCO:4706) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.77, compared to a current price of NT$34.00 — trading 10.5% above its estimated fair value. The current Return-on-Tangible-Equity is 5.39%, which is near median its 10-year median of 5.85 and 18.7% below the Chemicals industry median of 6.63. Tah Kong Chemical Industrial's overall GF Score™ is 68/100 with 5 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 Tah Kong Chemical Industrial (ROCO:4706), the current Return-on-Tangible-Equity is 5.39% as of Jun. 2026. 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 Tah Kong Chemical Industrial (ROCO:4706) Overvalued in 2026?
Based on GuruFocus' analysis, Tah Kong Chemical Industrial stock appears to be overvalued.
The current stock price of NT$34.00 is trading 10.5% above its estimated GF Value™ of NT$30.77.
GuruFocus considers Tah Kong Chemical Industrial to be Fairly Valued.
Key valuation signals for ROCO:4706:
Return-on-Tangible-Equity: 5.39% (near median its 10-year median of 5.85)
GF Value™: NT$30.77 vs. price of NT$34.00 (10.5% above fair value)
Industry Position: 18.7% below the Chemicals median (#846 of 1576)
No single metric tells the full story. See the ROCO:4706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tah Kong Chemical Industrial Corp is engaged in processed pigment for textile printing and PVC, mainly in the manufacturing and selling. Its product portfolio consists of Colorants for polyvinyl chloride, Colorants for synthetic leather, Colorants for polyolefins, Water-based processing pigments, Organic pigments for coatings, inks, and plastics, Functional product applications, and UV curing products. Geographically, the company mainly operates in two regions, Taiwan and China.
68GF Score
Get the complete analysis for ROCO:4706
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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