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Wanshih Electronics CoROCO:6134 -0.18%66 Return-on-Tangible-Equity is 4.66% as of Mar. 2026, which is 348% above its 10-year median of 1.04. GuruFocus rates ROCO:6134 with a GF Score™ of 66/100 and a GF Value™ of NT$32.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,382 Hardware companies, Wanshih Electronics Co ranks worse than 58.94% 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. Wanshih Electronics Co's annualized net income for the quarter that ended in Mar. 2026 was NT$48 Mil. Wanshih Electronics Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$1,030 Mil. Therefore, Wanshih Electronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.66%.
The historical rank and industry rank for Wanshih Electronics Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6134'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.12 Med: 1.04 Max: 9.88
Current: 3.07
During the past 13 years, Wanshih Electronics Co's highest Return-on-Tangible-Equity was 9.88%. The lowest was -8.12%. And the median was 1.04%.
ROCO:6134's Return-on-Tangible-Equity is ranked worse than 58.94% of 2382
companies
in the Hardware industry
Industry Median: 5.38
vs ROCO:6134: 3.07
Wanshih Electronics Co (ROCO:6134) 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.
Wanshih Electronics Co Return-on-Tangible-Equity Related Terms
Wanshih Electronics Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wanshih Electronics 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.
Wanshih Electronics Co Return-on-Tangible-Equity Chart
ROCO:6134 vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Wanshih Electronics 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.
Wanshih Electronics Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Wanshih Electronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wanshih Electronics 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.66% mean?
Wanshih Electronics Co (ROCO:6134) has a Return-on-Tangible-Equity of 4.66% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Wanshih Electronics Co and its competitors. This is 348% above median its historical median of 1.04. According to the industry distribution chart, Wanshih Electronics Co ranks #1404 out of 2382 companies in the Hardware industry, placing it in the top 58.9%.
Is Wanshih Electronics Co's Return-on-Tangible-Equity too high?
Wanshih Electronics Co's current Return-on-Tangible-Equity of 4.66% is 348% above median its 10-year median of 1.04. The Hardware industry median Return-on-Tangible-Equity is 5.38. Wanshih Electronics Co's value of 4.66% is 13.4% below this industry median. Based on the distribution chart, Wanshih Electronics Co ranks #1404 out of 2382 companies in the Hardware industry, which is below the industry midpoint. Overall, Wanshih Electronics Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wanshih Electronics Co's Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Wanshih Electronics Co ranks #1404 out of 2382 companies for Return-on-Tangible-Equity. This places Wanshih Electronics Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.38. Wanshih Electronics Co's value of 4.66% is 13.4% below this benchmark. While the company's 10-year median is 1.04 vs. the industry median of 5.38, Wanshih Electronics Co 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.38, based on 2,382 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. Wanshih Electronics Co's current Return-on-Tangible-Equity of 4.66% is 13.4% 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 Wanshih Electronics Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wanshih Electronics Co's current Return-on-Tangible-Equity is 4.66%, which is 348% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wanshih Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Wanshih Electronics Co (ROCO:6134) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$32.64, compared to a current price of NT$27.10 — trading 17% below its estimated fair value. The current Return-on-Tangible-Equity is 4.66%, which is 348% above median its 10-year median of 1.04 and 13.4% below the Hardware industry median of 5.38. Wanshih Electronics Co's overall GF Score™ is 66/100 with 5 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 Wanshih Electronics Co (ROCO:6134), the current Return-on-Tangible-Equity is 4.66% as of Mar. 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 Wanshih Electronics Co (ROCO:6134) Overvalued in 2026?
Based on GuruFocus' analysis, Wanshih Electronics Co stock appears to be undervalued.
The current stock price of NT$27.10 is trading 17% below its estimated GF Value™ of NT$32.64.
GuruFocus considers Wanshih Electronics Co to be Modestly Undervalued.
Key valuation signals for ROCO:6134:
Return-on-Tangible-Equity: 4.66% (348% above median its 10-year median of 1.04)
GF Value™: NT$32.64 vs. price of NT$27.10 (17% below fair value)
Industry Position: 13.4% below the Hardware median (#1404 of 2382)
No single metric tells the full story. See the ROCO:6134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wanshih Electronics Co Ltd is mainly engaged in the sales of electronic components, computer and peripheral products, and the production and sale of mini coaxial cables. The Group operates in three segments, which are Wire Harness Division, Suzhou Wanshih, and Others. Its Wire Harness Division mainly manufactures wire harnesses and external cables for electronic products, medical cables, and automobile cables. The Suzhou Wanshih segment, which generates maximum revenue, is engaged in the manufacturing and selling of mini coaxial cable (main products are antenna, medical cable, automotive cable, electronic wire harness, and external cable, as well as SMT module). Geographically, the Group generates maximum revenue from China, and the rest from Taiwan, the USA, Japan, and other markets.
66GF Score
Get the complete analysis for ROCO:6134
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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