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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. Etron Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$276 Mil. Etron Technology's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,749 Mil. Therefore, Etron Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.37%.
The historical rank and industry rank for Etron Technology's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:5351'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.71 Med: -13.37 Max: 30.3
Current: -12.88
During the past 13 years, Etron Technology's highest Return-on-Tangible-Equity was 30.30%. The lowest was -23.71%. And the median was -13.37%.
ROCO:5351's Return-on-Tangible-Equity is ranked worse than 81.52% of 985
companies
in the Semiconductors industry
Industry Median: 5.31
vs ROCO:5351: -12.88
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.
Etron Technology Return-on-Tangible-Equity Related Terms
Etron Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Etron Technology'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:5351 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison
For the Semiconductors subindustry, Etron Technology'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.
Etron Technology Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Etron Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Etron Technology'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 7.37% mean?
Etron Technology (ROCO:5351) has a Return-on-Tangible-Equity of 7.37% 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 Etron Technology and its competitors. According to the industry distribution chart, Etron Technology ranks #803 out of 985 companies in the Semiconductors industry, placing it in the top 81.5%.
Is Etron Technology's Return-on-Tangible-Equity too high?
Etron Technology's current Return-on-Tangible-Equity is 7.37%. The Semiconductors industry median Return-on-Tangible-Equity is 5.31. Etron Technology's value of 7.37% is 38.8% above this industry median. Based on the distribution chart, Etron Technology ranks #803 out of 985 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Etron Technology has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etron Technology's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Etron Technology ranks #803 out of 985 companies for Return-on-Tangible-Equity. This places Etron Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.31. Etron Technology's value of 7.37% is 38.8% 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 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. Etron Technology's current Return-on-Tangible-Equity of 7.37% is 38.8% 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 Etron Technology and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etron Technology's current Return-on-Tangible-Equity is 7.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etron Technology stock overvalued right now?
Based on GuruFocus' analysis, Etron Technology (ROCO:5351) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$42.03, compared to a current price of NT$84.80 — trading 101.8% above its estimated fair value. The current Return-on-Tangible-Equity is 7.37% and 38.8% above the Semiconductors industry median of 5.31. Etron Technology's overall GF Score™ is 38/100 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 Etron Technology (ROCO:5351), the current Return-on-Tangible-Equity is 7.37% 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 Etron Technology (ROCO:5351) Overvalued in 2026?
Based on GuruFocus' analysis, Etron Technology stock appears to be overvalued.
The current stock price of NT$84.80 is trading 101.8% above its estimated GF Value™ of NT$42.03.
GuruFocus considers Etron Technology to be Significantly Overvalued.
Key valuation signals for ROCO:5351:
Return-on-Tangible-Equity: 7.37%
GF Value™: NT$42.03 vs. price of NT$84.80 (101.8% above fair value)
Industry Position: 38.8% above the Semiconductors median (#803 of 985)
No single metric tells the full story. See the ROCO:5351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Etron Technology Inc is engaged in the manufacturing and design of various integrated circuits. The Company is mainly engaged in the design, manufacturing, and sale of niche memory chips. Its product portfolio consists of Memory ICs, which include Commercial DRAM, Industrial DRAM, Automotive DRAM, Known Good Die, DRAM, and Flash; and Logic ICs, which include USB and 3D Sensing. Geographically, the company operates in Taiwan, Asia, and other countries. The majority of its revenue is generated from the Asia region.
38GF Score
Get the complete analysis for ROCO:5351
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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