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OFCO IndustrialROCO:5011 -6.11%51 Return-on-Tangible-Equity is 17.30% as of Mar. 2026, which is 1136% above its 10-year median of 1.40. GuruFocus rates ROCO:5011 with a GF Score™ of 51/100 and a GF Value™ of NT$23.48 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,973 Industrial Products companies, OFCO Industrial ranks worse than 83.75% 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. OFCO Industrial's annualized net income for the quarter that ended in Mar. 2026 was NT$210 Mil. OFCO Industrial's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$1,215 Mil. Therefore, OFCO Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.30%.
The historical rank and industry rank for OFCO Industrial's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:5011'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.7 Med: 1.4 Max: 13.94
Current: -6.56
During the past 13 years, OFCO Industrial's highest Return-on-Tangible-Equity was 13.94%. The lowest was -12.70%. And the median was 1.40%.
ROCO:5011's Return-on-Tangible-Equity is ranked worse than 83.75% of 2973
companies
in the Industrial Products industry
Industry Median: 6.78
vs ROCO:5011: -6.56
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.
OFCO Industrial Return-on-Tangible-Equity Related Terms
OFCO Industrial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for OFCO 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:5011 vs SNA, RBC, SWK: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, OFCO 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.
OFCO Industrial Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, OFCO Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where OFCO 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.30% mean?
OFCO Industrial (ROCO:5011) has a Return-on-Tangible-Equity of 17.30% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on OFCO Industrial and its competitors. This is 1136% above median its historical median of 1.40. According to the industry distribution chart, OFCO Industrial ranks #2490 out of 2973 companies in the Industrial Products industry, placing it in the top 83.8%.
Is OFCO Industrial's Return-on-Tangible-Equity too high?
OFCO Industrial's current Return-on-Tangible-Equity of 17.30% is 1136% above median its 10-year median of 1.40. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. OFCO Industrial's value of 17.30% is 155.2% above this industry median. Based on the distribution chart, OFCO Industrial ranks #2490 out of 2973 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, OFCO Industrial has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OFCO Industrial's Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, OFCO Industrial ranks #2490 out of 2973 companies for Return-on-Tangible-Equity. This places OFCO Industrial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. OFCO Industrial's value of 17.30% is 155.2% above this benchmark. While the company's 10-year median is 1.40 vs. the industry median of 6.78, OFCO 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,973 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. OFCO Industrial's current Return-on-Tangible-Equity of 17.30% is 155.2% 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 OFCO Industrial and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OFCO Industrial's current Return-on-Tangible-Equity is 17.30%, which is 1136% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OFCO Industrial stock overvalued right now?
Based on GuruFocus' analysis, OFCO Industrial (ROCO:5011) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$23.48, compared to a current price of NT$16.90 — trading 28% below its estimated fair value. The current Return-on-Tangible-Equity is 17.30%, which is 1136% above median its 10-year median of 1.40 and 155.2% above the Industrial Products industry median of 6.78. OFCO Industrial's overall GF Score™ is 51/100 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 OFCO Industrial (ROCO:5011), the current Return-on-Tangible-Equity is 17.30% as of Mar. 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 OFCO Industrial (ROCO:5011) Overvalued in 2026?
Based on GuruFocus' analysis, OFCO Industrial stock appears to be undervalued.
The current stock price of NT$16.90 is trading 28% below its estimated GF Value™ of NT$23.48.
GuruFocus considers OFCO Industrial to be Modestly Undervalued.
Key valuation signals for ROCO:5011:
Return-on-Tangible-Equity: 17.30% (1136% above median its 10-year median of 1.40)
GF Value™: NT$23.48 vs. price of NT$16.90 (28% below fair value)
Industry Position: 155.2% above the Industrial Products median (#2490 of 2973)
No single metric tells the full story. See the ROCO:5011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OFCO Industrial Corp is engaged in the manufacture of fastener screws and related products, metal heat treatment OEM and trading. Its segments include Screws department, Transportation department, and Environmental Business department. Geographically, its operations are spread across Taiwan, Germany, USA, and Other Countries with majority of the revenue generating from Taiwan.
51GF Score
Get the complete analysis for ROCO:5011
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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