Cayenne Entertainment Technology Co (ROCO:4946) Return-on-Tangible-Equity: 25.02% (As of Dec. 2025)

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ROCO:4946 Cayenne Entertainment Technology Co Ltd ROCO:4946
62 GF Score
Price NT$86.10
GF Value NT$475.55
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Cayenne Entertainment Technology Co Return-on-Tangible-Equity?

Cayenne Entertainment Technology Co ROCO:4946 -4.55% 62 Return-on-Tangible-Equity is 25.02% as of Dec. 2025. GuruFocus rates ROCO:4946 with a GF Score™ of 62/100 and a GF Value™ of NT$475.55 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 490 Interactive Media companies, Cayenne Entertainment Technology Co ranks better than 87.14% 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. Cayenne Entertainment Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$14.7 Mil. Cayenne Entertainment Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$58.8 Mil. Therefore, Cayenne Entertainment Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 25.02%.

The historical rank and industry rank for Cayenne Entertainment Technology Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:4946' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -432.52   Med: -64.96   Max: 51.47
Current: 45.6

During the past 13 years, Cayenne Entertainment Technology Co's highest Return-on-Tangible-Equity was 51.47%. The lowest was -432.52%. And the median was -64.96%.

ROCO:4946's Return-on-Tangible-Equity is ranked better than
87.14% of 490 companies
in the Interactive Media industry
Industry Median: 5.225 vs ROCO:4946: 45.60

Cayenne Entertainment Technology Co  (ROCO:4946) 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.


Cayenne Entertainment Technology Co Return-on-Tangible-Equity Related Terms


Cayenne Entertainment Technology Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Cayenne Entertainment Technology 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.

Cayenne Entertainment Technology Co Return-on-Tangible-Equity Chart

Cayenne Entertainment Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.04 -275.00 -432.52 -255.97 51.47

Cayenne Entertainment Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -230.99 161.42 61.89 -39.63 25.02

ROCO:4946 vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, Cayenne Entertainment Technology 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.


Cayenne Entertainment Technology Co Return-on-Tangible-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cayenne Entertainment Technology Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cayenne Entertainment Technology Co's Return-on-Tangible-Equity falls into.


ROCO:4946
62GF Score
Cayenne Entertainment Technology Co Ltd ROCO:4946
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cayenne Entertainment Technology Co Return-on-Tangible-Equity Calculation

Cayenne Entertainment Technology Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=24.51/( (36.908+58.339 )/ 2 )
=24.51/47.6235
=51.47 %

Cayenne Entertainment Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=14.716/( (59.286+58.339)/ 2 )
=14.716/58.8125
=25.02 %

* 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 25.02% mean?
Cayenne Entertainment Technology Co (ROCO:4946) has a Return-on-Tangible-Equity of 25.02% 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 Cayenne Entertainment Technology Co and its competitors. According to the industry distribution chart, Cayenne Entertainment Technology Co ranks #63 out of 490 companies in the Interactive Media industry, placing it in the top 12.9%.
Is Cayenne Entertainment Technology Co's Return-on-Tangible-Equity too high?
Cayenne Entertainment Technology Co's current Return-on-Tangible-Equity is 25.02%. The Interactive Media industry median Return-on-Tangible-Equity is 5.23. Cayenne Entertainment Technology Co's value of 25.02% is 378.9% above this industry median. Based on the distribution chart, Cayenne Entertainment Technology Co ranks #63 out of 490 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Cayenne Entertainment Technology Co has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cayenne Entertainment Technology Co's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Cayenne Entertainment Technology Co ranks #63 out of 490 companies for Return-on-Tangible-Equity. This places Cayenne Entertainment Technology Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.23. Cayenne Entertainment Technology Co's value of 25.02% is 378.9% 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 an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.23, based on 490 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. Cayenne Entertainment Technology Co's current Return-on-Tangible-Equity of 25.02% is 378.9% 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 Cayenne Entertainment Technology Co and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cayenne Entertainment Technology Co's current Return-on-Tangible-Equity is 25.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cayenne Entertainment Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cayenne Entertainment Technology Co (ROCO:4946) is currently considered Possible Value Trap. The stock's GF Value™ is NT$475.55, compared to a current price of NT$86.10 — trading 81.9% below its estimated fair value. The current Return-on-Tangible-Equity is 25.02% and 378.9% above the Interactive Media industry median of 5.23. Cayenne Entertainment Technology Co's overall GF Score™ is 62/100 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 Cayenne Entertainment Technology Co (ROCO:4946), the current Return-on-Tangible-Equity is 25.02% 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 Cayenne Entertainment Technology Co (ROCO:4946) Overvalued in 2026?

Based on GuruFocus' analysis, Cayenne Entertainment Technology Co stock appears to be undervalued. The current stock price of NT$86.10 is trading 81.9% below its estimated GF Value™ of NT$475.55. GuruFocus considers Cayenne Entertainment Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:4946:

  • Return-on-Tangible-Equity: 25.02%
  • GF Value™: NT$475.55 vs. price of NT$86.10 (81.9% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 378.9% above the Interactive Media median (#63 of 490)

No single metric tells the full story. See the ROCO:4946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cayenne Entertainment Technology Co Business Description

Address Lane 583, Ruiguang Road, 3rd Floor, No. 31, Neihu District, Taipei, TWN
Cayenne Entertainment Technology Co Ltd is a provider of online casual games in Taiwan. It offers online air combat games, action games, shooting games, fighting games, basketball and baseball games, racing games, and dating games.
62GF Score

Get the complete analysis for ROCO:4946

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$86.10
Price
NT$475.55
GF Value