Nam Liong Global (ROCO:5450) Return-on-Tangible-Equity: 10.10% (As of Jun. 2026) — 164% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:5450 Nam Liong Global Corp ROCO:5450
58 GF Score
Price NT$15.50
GF Value NT$16.35
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Nam Liong Global Return-on-Tangible-Equity?

Nam Liong Global ROCO:5450 -0.96% 58 Return-on-Tangible-Equity is 10.10% as of Jun. 2026, which is 164% above its 10-year median of 3.82. GuruFocus rates ROCO:5450 with a GF Score™ of 58/100 and a GF Value™ of NT$16.35 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Nam Liong Global ranks worse than 65.03% 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. Nam Liong Global's annualized net income for the quarter that ended in Jun. 2026 was NT$171 Mil. Nam Liong Global's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$1,692 Mil. Therefore, Nam Liong Global's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 10.10%.

The historical rank and industry rank for Nam Liong Global's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:5450' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.94   Med: 3.82   Max: 12.23
Current: 5.15

During the past 13 years, Nam Liong Global's highest Return-on-Tangible-Equity was 12.23%. The lowest was -2.94%. And the median was 3.82%.

ROCO:5450's Return-on-Tangible-Equity is ranked worse than
65.03% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.49 vs ROCO:5450: 5.15

Nam Liong Global  (ROCO:5450) 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.


Nam Liong Global Return-on-Tangible-Equity Related Terms


Nam Liong Global Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nam Liong Global'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.

Nam Liong Global Return-on-Tangible-Equity Chart

Nam Liong Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.05 12.23 0.81 8.35 1.57

Nam Liong Global Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.37 3.09 5.19 2.01 10.10

Nam Liong Global Return-on-Tangible-Equity Competitor Comparison

For the Textile Manufacturing subindustry, Nam Liong Global'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.


Nam Liong Global Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nam Liong Global's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nam Liong Global's Return-on-Tangible-Equity falls into.


ROCO:5450
58GF Score
Nam Liong Global Corp ROCO:5450
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nam Liong Global Return-on-Tangible-Equity Calculation

Nam Liong Global's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=26.695/( (1730.986+1667.879 )/ 2 )
=26.695/1699.4325
=1.57 %

Nam Liong Global's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=170.964/( (1678.379+1706.156)/ 2 )
=170.964/1692.2675
=10.10 %

* 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 10.10% mean?
Nam Liong Global (ROCO:5450) has a Return-on-Tangible-Equity of 10.10% 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 Nam Liong Global and its competitors. This is 164% above median its historical median of 3.82. According to the industry distribution chart, Nam Liong Global ranks #662 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 65%.
Is Nam Liong Global's Return-on-Tangible-Equity too high?
Nam Liong Global's current Return-on-Tangible-Equity of 10.10% is 164% above median its 10-year median of 3.82. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.49. Nam Liong Global's value of 10.10% is 124.9% above this industry median. Based on the distribution chart, Nam Liong Global ranks #662 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nam Liong Global has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nam Liong Global's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nam Liong Global ranks #662 out of 1018 companies for Return-on-Tangible-Equity. This places Nam Liong Global in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.49. Nam Liong Global's value of 10.10% is 124.9% above this benchmark. While the company's 10-year median is 3.82 vs. the industry median of 4.49, Nam Liong Global 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.49, based on 1,018 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. Nam Liong Global's current Return-on-Tangible-Equity of 10.10% is 124.9% 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 Nam Liong Global and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Liong Global's current Return-on-Tangible-Equity is 10.10%, which is 164% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Liong Global stock overvalued right now?
Based on GuruFocus' analysis, Nam Liong Global (ROCO:5450) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.35, compared to a current price of NT$15.50 — trading 5.2% below its estimated fair value. The current Return-on-Tangible-Equity is 10.10%, which is 164% above median its 10-year median of 3.82 and 124.9% above the Manufacturing - Apparel & Accessories industry median of 4.49. Nam Liong Global's overall GF Score™ is 58/100 with 9 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 Nam Liong Global (ROCO:5450), the current Return-on-Tangible-Equity is 10.10% 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 Nam Liong Global (ROCO:5450) Overvalued in 2026?

Based on GuruFocus' analysis, Nam Liong Global stock appears to be undervalued. The current stock price of NT$15.50 is trading 5.2% below its estimated GF Value™ of NT$16.35. GuruFocus considers Nam Liong Global to be Fairly Valued.

Key valuation signals for ROCO:5450:

  • Return-on-Tangible-Equity: 10.10% (164% above median its 10-year median of 3.82)
  • GF Value™: NT$16.35 vs. price of NT$15.50 (5.2% below fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 124.9% above the Manufacturing - Apparel & Accessories median (#662 of 1018)

No single metric tells the full story. See the ROCO:5450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nam Liong Global Business Description

Address Yangguang Street, 6th Floor, No. 349, Neihu District, Taipei City, TWN
Nam Liong Global Corp is engaged mainly in the manufacturing and sales of rubber sponge, sponge lamination, hook and loop, flame retardant fabric, abrasion resistant fabric, TPU film, etc. The group's reportable segments are Textile products, which derive maximum revenue, Chemical products, and Electronic products. Geographically, it derives maximum revenue from Taiwan, followed by China and Vietnam.
58GF Score

Get the complete analysis for ROCO:5450

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$15.50
Price
NT$16.35
GF Value