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The historical rank and industry rank for United Recommend International Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:5321'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -85.82 Med: 15.04 Max: 48.32
Current: -2.35
During the past 13 years, United Recommend International Co's highest Return-on-Tangible-Equity was 48.32%. The lowest was -85.82%. And the median was 15.04%.
ROCO:5321's Return-on-Tangible-Equity is ranked worse than 73.02% of 2383
companies
in the Hardware industry
Industry Median: 5.39
vs ROCO:5321: -2.35
United Recommend International Co (ROCO:5321) 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 Recommend International Co Return-on-Tangible-Equity Related Terms
United Recommend International 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.
United Recommend International Co Return-on-Tangible-Equity Chart
ROCO:5321 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, United Recommend International 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.
United Recommend International Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, United Recommend International Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where United Recommend International Co'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 -12.42% mean?
United Recommend International Co (ROCO:5321) has a Return-on-Tangible-Equity of -12.42% 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 Recommend International Co and its competitors. According to the industry distribution chart, United Recommend International Co ranks #1740 out of 2383 companies in the Hardware industry, placing it in the top 73%.
Is United Recommend International Co's Return-on-Tangible-Equity too high?
United Recommend International Co's current Return-on-Tangible-Equity is -12.42%. Based on the distribution chart, United Recommend International Co ranks #1740 out of 2383 companies in the Hardware industry, which is below the industry midpoint. Overall, United Recommend International Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Recommend International Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, United Recommend International Co ranks #1740 out of 2383 companies for Return-on-Tangible-Equity. This places United Recommend International Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.39. 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 5.39, based on 2,383 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. 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 Recommend International Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Recommend International Co's current Return-on-Tangible-Equity is -12.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Recommend International Co stock overvalued right now?
Based on GuruFocus' analysis, United Recommend International Co (ROCO:5321) is currently considered Fairly Valued. The stock's GF Value™ is NT$52.64, compared to a current price of NT$53.30 — trading 1.3% above its estimated fair value. The current Return-on-Tangible-Equity is -12.42%. United Recommend International Co's overall GF Score™ is 52/100 with 11 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 Recommend International Co (ROCO:5321), the current Return-on-Tangible-Equity is -12.42% 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 Recommend International Co (ROCO:5321) Overvalued in 2026?
Based on GuruFocus' analysis, United Recommend International Co stock appears to be overvalued.
The current stock price of NT$53.30 is trading 1.3% above its estimated GF Value™ of NT$52.64.
GuruFocus considers United Recommend International Co to be Fairly Valued.
Key valuation signals for ROCO:5321:
Return-on-Tangible-Equity: -12.42%
GF Value™: NT$52.64 vs. price of NT$53.30 (1.3% above fair value)
No single metric tells the full story. See the ROCO:5321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Recommend International Co Ltd is a Taiwan-based company that engages in the manufacture and trade of printed circuit boards (PCB). It specializes in multilayer, flexible, and double-sided boards. Its products cover flexible PCB and rigid PCB, including wireless Wi-Fi boards, projector boards, light boards, and solar panels.
52GF Score
Get the complete analysis for ROCO:5321
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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