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Pan Asia ChemicalROCO:4707 -10.00%43 Return-on-Tangible-Equity is 8.62% as of Sep. 2025, which is 44% above its 10-year median of 5.97. GuruFocus rates ROCO:4707 with a GF Score™ of 43/100 and a GF Value™ of NT$10.75 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,570 Chemicals companies, Pan Asia Chemical ranks better than 50.51% 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. Pan Asia Chemical's annualized net income for the quarter that ended in Sep. 2025 was NT$505 Mil. Pan Asia Chemical's average shareholder tangible equity for the quarter that ended in Sep. 2025 was NT$5,860 Mil. Therefore, Pan Asia Chemical's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 8.62%.
The historical rank and industry rank for Pan Asia Chemical's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4707'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.82 Med: 5.97 Max: 6.99
Current: 5.88
During the past 13 years, Pan Asia Chemical's highest Return-on-Tangible-Equity was 6.99%. The lowest was 3.82%. And the median was 5.97%.
ROCO:4707's Return-on-Tangible-Equity is ranked better than 50.51% of 1570
companies
in the Chemicals industry
Industry Median: 5.78
vs ROCO:4707: 5.88
Pan Asia Chemical (ROCO:4707) 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.
Pan Asia Chemical Return-on-Tangible-Equity Related Terms
Pan Asia Chemical Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pan Asia Chemical'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:4707 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Pan Asia Chemical'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.
Pan Asia Chemical Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Pan Asia Chemical's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pan Asia Chemical'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 (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.62% mean?
Pan Asia Chemical (ROCO:4707) has a Return-on-Tangible-Equity of 8.62% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Pan Asia Chemical and its competitors. This is 44% above median its historical median of 5.97. Over the past decade, Pan Asia Chemical's Return-on-Tangible-Equity has ranged from 3.82 to 6.99. According to the industry distribution chart, Pan Asia Chemical ranks #777 out of 1570 companies in the Chemicals industry, placing it in the top 49.5%.
Is Pan Asia Chemical's Return-on-Tangible-Equity too high?
Pan Asia Chemical's current Return-on-Tangible-Equity of 8.62% is 44% above median its 10-year median of 5.97. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 6.99. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Pan Asia Chemical's value of 8.62% is 49.1% above this industry median. Based on the distribution chart, Pan Asia Chemical ranks #777 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, Pan Asia Chemical has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan Asia Chemical's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Pan Asia Chemical ranks #777 out of 1570 companies for Return-on-Tangible-Equity. This puts Pan Asia Chemical in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.78. Pan Asia Chemical's value of 8.62% is 49.1% above this benchmark. Historically, Pan Asia Chemical's own Return-on-Tangible-Equity has ranged from 3.82 to 6.99 over the past decade. While the company's 10-year median is 5.97 vs. the industry median of 5.78, Pan Asia Chemical 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. Pan Asia Chemical's current Return-on-Tangible-Equity of 8.62% is 49.1% 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 Pan Asia Chemical 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. Pan Asia Chemical's current Return-on-Tangible-Equity is 8.62%, which is 44% above median its own 10-year median of 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Asia Chemical stock overvalued right now?
Based on GuruFocus' analysis, Pan Asia Chemical (ROCO:4707) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.75, compared to a current price of NT$36.45 — trading 239.1% above its estimated fair value. The current Return-on-Tangible-Equity is 8.62%, which is 44% above median its 10-year median of 5.97 and 49.1% above the Chemicals industry median of 5.78. Pan Asia Chemical's overall GF Score™ is 43/100 with 9 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 Pan Asia Chemical (ROCO:4707), the current Return-on-Tangible-Equity is 8.62% as of Sep. 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 Pan Asia Chemical (ROCO:4707) Overvalued in 2026?
Based on GuruFocus' analysis, Pan Asia Chemical stock appears to be overvalued.
The current stock price of NT$36.45 is trading 239.1% above its estimated GF Value™ of NT$10.75.
GuruFocus considers Pan Asia Chemical to be Significantly Overvalued.
Key valuation signals for ROCO:4707:
Return-on-Tangible-Equity: 8.62% (44% above median its 10-year median of 5.97)
GF Value™: NT$10.75 vs. price of NT$36.45 (239.1% above fair value)
Industry Position: 49.1% above the Chemicals median (#777 of 1570)
No single metric tells the full story. See the ROCO:4707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan Asia Chemical Corp is engaged in the manufacturing and processing, trading and import and export trade business for a variety of non-ionic surfactants, which could be divided into two parts: Ethylene oxide derivative products and esterified products. The company's segments are: EOD Plant, Esterification Plant and others. The majority of revenue is derived from the EOD Plant.
43GF Score
Get the complete analysis for ROCO:4707
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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