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Mustang IndustrialROCO:5460 -2.72%60 Return-on-Tangible-Equity is 0.79% as of Dec. 2025, which is 20% below its 10-year median of 0.99. GuruFocus rates ROCO:5460 with a GF Score™ of 60/100 and a GF Value™ of NT$9.61 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,974 Industrial Products companies, Mustang Industrial ranks worse than 77.84% 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. Mustang Industrial's annualized net income for the quarter that ended in Dec. 2025 was NT$5.7 Mil. Mustang Industrial's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$718.3 Mil. Therefore, Mustang Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.79%.
The historical rank and industry rank for Mustang Industrial's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:5460'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.71 Med: 0.99 Max: 5.71
Current: -1.42
During the past 13 years, Mustang Industrial's highest Return-on-Tangible-Equity was 5.71%. The lowest was -2.71%. And the median was 0.99%.
ROCO:5460's Return-on-Tangible-Equity is ranked worse than 77.84% of 2974
companies
in the Industrial Products industry
Industry Median: 6.775
vs ROCO:5460: -1.42
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.
Mustang Industrial Return-on-Tangible-Equity Related Terms
Mustang Industrial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mustang Industrial'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:5460 vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Mustang Industrial'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.
Mustang Industrial Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mustang Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mustang Industrial'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 0.79% mean?
Mustang Industrial (ROCO:5460) has a Return-on-Tangible-Equity of 0.79% 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 Mustang Industrial and its competitors. This is 20% below median its historical median of 0.99. According to the industry distribution chart, Mustang Industrial ranks #2315 out of 2974 companies in the Industrial Products industry, placing it in the top 77.8%.
Is Mustang Industrial's Return-on-Tangible-Equity too high?
Mustang Industrial's current Return-on-Tangible-Equity of 0.79% is 20% below median its 10-year median of 0.99. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Mustang Industrial's value of 0.79% is 88.3% below this industry median. Based on the distribution chart, Mustang Industrial ranks #2315 out of 2974 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mustang Industrial has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mustang Industrial's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Mustang Industrial ranks #2315 out of 2974 companies for Return-on-Tangible-Equity. This places Mustang Industrial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Mustang Industrial's value of 0.79% is 88.3% below this benchmark. While the company's 10-year median is 0.99 vs. the industry median of 6.78, Mustang Industrial has consistently been below 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,974 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. Mustang Industrial's current Return-on-Tangible-Equity of 0.79% is 88.3% below 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 Mustang Industrial and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mustang Industrial's current Return-on-Tangible-Equity is 0.79%, which is 20% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustang Industrial stock overvalued right now?
Based on GuruFocus' analysis, Mustang Industrial (ROCO:5460) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.61, compared to a current price of NT$16.10 — trading 67.5% above its estimated fair value. The current Return-on-Tangible-Equity is 0.79%, which is 20% below median its 10-year median of 0.99 and 88.3% below the Industrial Products industry median of 6.78. Mustang Industrial's overall GF Score™ is 60/100 with 1 warning sign 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 Mustang Industrial (ROCO:5460), the current Return-on-Tangible-Equity is 0.79% 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 Mustang Industrial (ROCO:5460) Overvalued in 2026?
Based on GuruFocus' analysis, Mustang Industrial stock appears to be overvalued.
The current stock price of NT$16.10 is trading 67.5% above its estimated GF Value™ of NT$9.61.
GuruFocus considers Mustang Industrial to be Significantly Overvalued.
Key valuation signals for ROCO:5460:
Return-on-Tangible-Equity: 0.79% (20% below median its 10-year median of 0.99)
GF Value™: NT$9.61 vs. price of NT$16.10 (67.5% above fair value)
Industry Position: 88.3% below the Industrial Products median (#2315 of 2974)
No single metric tells the full story. See the ROCO:5460 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mustang Industrial Corp is engaged in the manufacture and distribution of metal stamping components in Taiwan. Its products include shielding frames and metal covers, brackets, chassis, antenna springs, and shielding cans, among others.
60GF Score
Get the complete analysis for ROCO:5460
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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