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The historical rank and industry rank for United Fiber Optic Communication's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4903'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -24.39 Med: -3.9 Max: 10.02
Current: 10.02
During the past 13 years, United Fiber Optic Communication's highest Return-on-Tangible-Equity was 10.02%. The lowest was -24.39%. And the median was -3.90%.
ROCO:4903's Return-on-Tangible-Equity is ranked better than 66.44% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs ROCO:4903: 10.02
United Fiber Optic Communication (ROCO:4903) 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.
United Fiber Optic Communication Return-on-Tangible-Equity Related Terms
United Fiber Optic Communication 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.
United Fiber Optic Communication Return-on-Tangible-Equity Chart
ROCO:4903 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, United Fiber Optic Communication'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.
United Fiber Optic Communication Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, United Fiber Optic Communication's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where United Fiber Optic Communication'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 7.54% mean?
United Fiber Optic Communication (ROCO:4903) has a Return-on-Tangible-Equity of 7.54% 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 United Fiber Optic Communication and its competitors. According to the industry distribution chart, United Fiber Optic Communication ranks #800 out of 2384 companies in the Hardware industry, placing it in the top 33.6%.
Is United Fiber Optic Communication's Return-on-Tangible-Equity too high?
United Fiber Optic Communication's current Return-on-Tangible-Equity is 7.54%. The Hardware industry median Return-on-Tangible-Equity is 5.33. United Fiber Optic Communication's value of 7.54% is 41.5% above this industry median. Based on the distribution chart, United Fiber Optic Communication ranks #800 out of 2384 companies in the Hardware industry, which is above the industry midpoint. Overall, United Fiber Optic Communication has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Fiber Optic Communication's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, United Fiber Optic Communication ranks #800 out of 2384 companies for Return-on-Tangible-Equity. This puts United Fiber Optic Communication in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.33. United Fiber Optic Communication's value of 7.54% is 41.5% above this benchmark. 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 5.33, based on 2,384 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. United Fiber Optic Communication's current Return-on-Tangible-Equity of 7.54% is 41.5% 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 United Fiber Optic Communication and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Fiber Optic Communication's current Return-on-Tangible-Equity is 7.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Fiber Optic Communication stock overvalued right now?
Based on GuruFocus' analysis, United Fiber Optic Communication (ROCO:4903) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$39.60, compared to a current price of NT$35.60 — trading 10.1% below its estimated fair value. The current Return-on-Tangible-Equity is 7.54% and 41.5% above the Hardware industry median of 5.33. United Fiber Optic Communication's overall GF Score™ is 56/100 with 2 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 United Fiber Optic Communication (ROCO:4903), the current Return-on-Tangible-Equity is 7.54% 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 United Fiber Optic Communication (ROCO:4903) Overvalued in 2026?
Based on GuruFocus' analysis, United Fiber Optic Communication stock appears to be undervalued.
The current stock price of NT$35.60 is trading 10.1% below its estimated GF Value™ of NT$39.60.
GuruFocus considers United Fiber Optic Communication to be Modestly Undervalued.
Key valuation signals for ROCO:4903:
Return-on-Tangible-Equity: 7.54%
GF Value™: NT$39.60 vs. price of NT$35.60 (10.1% below fair value)
Industry Position: 41.5% above the Hardware median (#800 of 2384)
No single metric tells the full story. See the ROCO:4903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Fiber Optic Communication Business Description
United Fiber Optic Communication Inc manufactures and distributes optical fiber cables and transmission equipment. The company mainly engages in exporting and importing products as well as providing services regarding fiber optic cables, related materials and accessories, transmission equipment, dense wavelength division multiplex (DWDM), repeaters, panels and boxes, and preforms, related communications equipment and network workstation systems, FDDI network equipment, optical Cable TV transmitters and receivers, FM PSK multi-band video transmission series, broadband data transmission, and network management systems.
56GF Score
Get the complete analysis for ROCO:4903
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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