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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. Cgs International's annualized net income for the quarter that ended in Jun. 2026 was NT$240.30 Mil. Cgs International's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$304.58 Mil. Therefore, Cgs International's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 78.90%.
The historical rank and industry rank for Cgs International's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:5310'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -89.67 Med: -12.18 Max: 40.84
Current: 20.23
During the past 13 years, Cgs International's highest Return-on-Tangible-Equity was 40.84%. The lowest was -89.67%. And the median was -12.18%.
ROCO:5310's Return-on-Tangible-Equity is ranked better than 83.38% of 2370
companies
in the Hardware industry
Industry Median: 6.335
vs ROCO:5310: 20.23
Cgs International (ROCO:5310) 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.
Cgs International Return-on-Tangible-Equity Related Terms
Cgs International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cgs International'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:5310 vs DELL, ANET, SNDK: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Cgs International'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.
Cgs International Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Cgs International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cgs International'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 (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 78.90% mean?
Cgs International (ROCO:5310) has a Return-on-Tangible-Equity of 78.90% 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 Cgs International and its competitors. According to the industry distribution chart, Cgs International ranks #394 out of 2370 companies in the Hardware industry, placing it in the top 16.6%.
Is Cgs International's Return-on-Tangible-Equity too high?
Cgs International's current Return-on-Tangible-Equity is 78.90%. The Hardware industry median Return-on-Tangible-Equity is 6.34. Cgs International's value of 78.90% is 1145.5% above this industry median. Based on the distribution chart, Cgs International ranks #394 out of 2370 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Cgs International has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cgs International's Return-on-Tangible-Equity compare to DELL and ANET?
According to the Hardware industry distribution chart, Cgs International ranks #394 out of 2370 companies for Return-on-Tangible-Equity. This places Cgs International in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.34. Cgs International's value of 78.90% is 1145.5% 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 6.34, based on 2,370 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. Cgs International's current Return-on-Tangible-Equity of 78.90% is 1145.5% 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 Cgs International and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cgs International's current Return-on-Tangible-Equity is 78.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cgs International stock overvalued right now?
Based on GuruFocus' analysis, Cgs International (ROCO:5310) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.94, compared to a current price of NT$23.80 — trading 59.3% above its estimated fair value. The current Return-on-Tangible-Equity is 78.90% and 1145.5% above the Hardware industry median of 6.34. Cgs International's overall GF Score™ is 46/100 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 Cgs International (ROCO:5310), the current Return-on-Tangible-Equity is 78.90% 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 Cgs International (ROCO:5310) Overvalued in 2026?
Based on GuruFocus' analysis, Cgs International stock appears to be overvalued.
The current stock price of NT$23.80 is trading 59.3% above its estimated GF Value™ of NT$14.94.
GuruFocus considers Cgs International to be Significantly Overvalued.
Key valuation signals for ROCO:5310:
Return-on-Tangible-Equity: 78.90%
GF Value™: NT$14.94 vs. price of NT$23.80 (59.3% above fair value)
Industry Position: 1145.5% above the Hardware median (#394 of 2370)
No single metric tells the full story. See the ROCO:5310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cgs International Inc designs, manufactures, and markets computer connection cards as well as computer peripheral equipment. The company also provides system integration and maintenance services. It also sells and develops game software and offers consulting services.
46GF Score
Get the complete analysis for ROCO:5310
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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