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ROCO:5210's Return-on-Tangible-Equity is ranked better than 52.56% of 2479
companies
in the Software industry
Industry Median: 9.89
vs ROCO:5210: 11.37
Apex International Financial Engineering Res & Tec Co (ROCO:5210) 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.
Apex International Financial Engineering Res & Tec Co Return-on-Tangible-Equity Related Terms
Apex International Financial Engineering Res & Tec Co 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.
Apex International Financial Engineering Res & Tec Co Return-on-Tangible-Equity Chart
Apex International Financial Engineering Res & Tec Co Annual Data
ROCO:5210 vs CRM, SHOP, UBER: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Apex International Financial Engineering Res & Tec 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.
Apex International Financial Engineering Res & Tec Co Return-on-Tangible-Equity vs Software Industry
* 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 10.33% mean?
Apex International Financial Engineering Res & Tec Co (ROCO:5210) has a Return-on-Tangible-Equity of 10.33% 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 Apex International Financial Engineering Res & Tec Co and its competitors. According to the industry distribution chart, Apex International Financial Engineering Res & Tec Co ranks #1176 out of 2479 companies in the Software industry, placing it in the top 47.4%.
Is Apex International Financial Engineering Res & Tec Co's Return-on-Tangible-Equity too high?
Apex International Financial Engineering Res & Tec Co's current Return-on-Tangible-Equity is 10.33%. The Software industry median Return-on-Tangible-Equity is 9.89. Apex International Financial Engineering Res & Tec Co's value of 10.33% is 4.4% above this industry median. Based on the distribution chart, Apex International Financial Engineering Res & Tec Co ranks #1176 out of 2479 companies in the Software industry, which is above the industry midpoint. Overall, Apex International Financial Engineering Res & Tec Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex International Financial Engineering Res & Tec Co's Return-on-Tangible-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Apex International Financial Engineering Res & Tec Co ranks #1176 out of 2479 companies for Return-on-Tangible-Equity. This puts Apex International Financial Engineering Res & Tec Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.89. Apex International Financial Engineering Res & Tec Co's value of 10.33% is 4.4% 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.89, based on 2,479 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. Apex International Financial Engineering Res & Tec Co's current Return-on-Tangible-Equity of 10.33% is 4.4% 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 Apex International Financial Engineering Res & Tec Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex International Financial Engineering Res & Tec Co's current Return-on-Tangible-Equity is 10.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex International Financial Engineering Res & Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Apex International Financial Engineering Res & Tec Co (ROCO:5210) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.61, compared to a current price of NT$28.05 — trading 18.8% above its estimated fair value. The current Return-on-Tangible-Equity is 10.33% and 4.4% above the Software industry median of 9.89. Apex International Financial Engineering Res & Tec Co's overall GF Score™ is 56/100 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 Apex International Financial Engineering Res & Tec Co (ROCO:5210), the current Return-on-Tangible-Equity is 10.33% 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 Apex International Financial Engineering Res & Tec Co (ROCO:5210) Overvalued in 2026?
Based on GuruFocus' analysis, Apex International Financial Engineering Res & Tec Co stock appears to be overvalued.
The current stock price of NT$28.05 is trading 18.8% above its estimated GF Value™ of NT$23.61.
GuruFocus considers Apex International Financial Engineering Res & Tec Co to be Modestly Overvalued.
Key valuation signals for ROCO:5210:
Return-on-Tangible-Equity: 10.33%
GF Value™: NT$23.61 vs. price of NT$28.05 (18.8% above fair value)
Industry Position: 4.4% above the Software median (#1176 of 2479)
No single metric tells the full story. See the ROCO:5210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex International Financial Engineering Res & Tec Co Ltd is engaged in information software services, electronic information services, system integration services, and solar power engineering contracts. Its segment are: Information Services Department, engaged in the planning, construction, sales, and maintenance of financial information products, information conference systems, financial laboratories for the school education market, and systems related to financial commodity trading platforms. It operates in Taiwan, which generates maximum revenue, and Asia.
56GF Score
Get the complete analysis for ROCO:5210
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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