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Simplo Technology CoROCO:6121 +0.92%77 Return-on-Tangible-Equity is 18.27% as of Dec. 2025, which is 14% above its 10-year median of 15.99. GuruFocus rates ROCO:6121 with a GF Score™ of 77/100 and a GF Value™ of NT$371.83 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,972 Industrial Products companies, Simplo Technology Co ranks better than 78.23% 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. Simplo Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$6,911 Mil. Simplo Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$37,827 Mil. Therefore, Simplo Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.27%.
The historical rank and industry rank for Simplo Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6121'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.49 Med: 15.99 Max: 21.91
Current: 15.4
During the past 13 years, Simplo Technology Co's highest Return-on-Tangible-Equity was 21.91%. The lowest was 12.49%. And the median was 15.99%.
ROCO:6121's Return-on-Tangible-Equity is ranked better than 78.23% of 2972
companies
in the Industrial Products industry
Industry Median: 6.78
vs ROCO:6121: 15.40
Simplo Technology Co (ROCO:6121) 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.
Simplo Technology Co Return-on-Tangible-Equity Related Terms
Simplo Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Simplo Technology Co'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.
Simplo Technology Co Return-on-Tangible-Equity Chart
ROCO:6121 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Simplo Technology 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.
Simplo Technology Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Simplo Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Simplo Technology 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 18.27% mean?
Simplo Technology Co (ROCO:6121) has a Return-on-Tangible-Equity of 18.27% 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 Simplo Technology Co and its competitors. This is 14% above median its historical median of 15.99. Over the past decade, Simplo Technology Co's Return-on-Tangible-Equity has ranged from 12.49 to 21.91. According to the industry distribution chart, Simplo Technology Co ranks #647 out of 2972 companies in the Industrial Products industry, placing it in the top 21.8%.
Is Simplo Technology Co's Return-on-Tangible-Equity too high?
Simplo Technology Co's current Return-on-Tangible-Equity of 18.27% is 14% above median its 10-year median of 15.99. Over the past 10 years, this metric has ranged from a low of 12.49 to a high of 21.91. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Simplo Technology Co's value of 18.27% is 169.5% above this industry median. Based on the distribution chart, Simplo Technology Co ranks #647 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Simplo Technology Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Simplo Technology Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Simplo Technology Co ranks #647 out of 2972 companies for Return-on-Tangible-Equity. This places Simplo Technology Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.78. Simplo Technology Co's value of 18.27% is 169.5% above this benchmark. Historically, Simplo Technology Co's own Return-on-Tangible-Equity has ranged from 12.49 to 21.91 over the past decade. While the company's 10-year median is 15.99 vs. the industry median of 6.78, Simplo Technology Co 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,972 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. Simplo Technology Co's current Return-on-Tangible-Equity of 18.27% is 169.5% 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 Simplo Technology Co 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. Simplo Technology Co's current Return-on-Tangible-Equity is 18.27%, which is 14% above median its own 10-year median of 15.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplo Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Simplo Technology Co (ROCO:6121) is currently considered Fairly Valued. The stock's GF Value™ is NT$371.83, compared to a current price of NT$382.50 — trading 2.9% above its estimated fair value. The current Return-on-Tangible-Equity is 18.27%, which is 14% above median its 10-year median of 15.99 and 169.5% above the Industrial Products industry median of 6.78. Simplo Technology Co's overall GF Score™ is 77/100 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 Simplo Technology Co (ROCO:6121), the current Return-on-Tangible-Equity is 18.27% 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 Simplo Technology Co (ROCO:6121) Overvalued in 2026?
Based on GuruFocus' analysis, Simplo Technology Co stock appears to be overvalued.
The current stock price of NT$382.50 is trading 2.9% above its estimated GF Value™ of NT$371.83.
GuruFocus considers Simplo Technology Co to be Fairly Valued.
Key valuation signals for ROCO:6121:
Return-on-Tangible-Equity: 18.27% (14% above median its 10-year median of 15.99)
GF Value™: NT$371.83 vs. price of NT$382.50 (2.9% above fair value)
Industry Position: 169.5% above the Industrial Products median (#647 of 2972)
No single metric tells the full story. See the ROCO:6121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simplo Technology Co Ltd is a dedicated foundry in the battery industry engaged in the manufacture of information software services, lighting equipment, data storage and processing equipment, electronic components, batteries, power generation, transmission, distribution of machineies, and wireless communication machinery and equipment. Geographically. the company operates in Taiwan, China, the United States, and Singapore. It derives a majority of its revenue from Taiwan.
77GF Score
Get the complete analysis for ROCO:6121
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