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Sporton InternationalROCO:6146 -0.26%84 Return-on-Tangible-Equity is 20.32% as of Mar. 2026, which is 6% below its 10-year median of 21.55. GuruFocus rates ROCO:6146 with a GF Score™ of 84/100 and a GF Value™ of NT$213.69 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,007 Business Services companies, Sporton International ranks better than 67.92% 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. Sporton International's annualized net income for the quarter that ended in Mar. 2026 was NT$1,210 Mil. Sporton International's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$5,956 Mil. Therefore, Sporton International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.32%.
The historical rank and industry rank for Sporton International's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6146'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.74 Med: 21.55 Max: 32.9
Current: 19.67
During the past 13 years, Sporton International's highest Return-on-Tangible-Equity was 32.90%. The lowest was 18.74%. And the median was 21.55%.
ROCO:6146's Return-on-Tangible-Equity is ranked better than 67.92% of 1007
companies
in the Business Services industry
Industry Median: 10.71
vs ROCO:6146: 19.67
Sporton International (ROCO:6146) 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.
Sporton International Return-on-Tangible-Equity Related Terms
Sporton International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sporton International'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.
Sporton International Return-on-Tangible-Equity Chart
ROCO:6146 vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Sporton International'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.
Sporton International Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Sporton International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sporton International'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 20.32% mean?
Sporton International (ROCO:6146) has a Return-on-Tangible-Equity of 20.32% 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 Sporton International and its competitors. This is near median its historical median of 21.55. Over the past decade, Sporton International's Return-on-Tangible-Equity has ranged from 18.74 to 32.90. According to the industry distribution chart, Sporton International ranks #323 out of 1007 companies in the Business Services industry, placing it in the top 32.1%.
Is Sporton International's Return-on-Tangible-Equity too high?
Sporton International's current Return-on-Tangible-Equity of 20.32% is near median its 10-year median of 21.55. Over the past 10 years, this metric has ranged from a low of 18.74 to a high of 32.90. The Business Services industry median Return-on-Tangible-Equity is 10.71. Sporton International's value of 20.32% is 89.7% above this industry median. Based on the distribution chart, Sporton International ranks #323 out of 1007 companies in the Business Services industry, which is above the industry midpoint. Overall, Sporton International has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sporton International's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Sporton International ranks #323 out of 1007 companies for Return-on-Tangible-Equity. This puts Sporton International in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.71. Sporton International's value of 20.32% is 89.7% above this benchmark. Historically, Sporton International's own Return-on-Tangible-Equity has ranged from 18.74 to 32.90 over the past decade. While the company's 10-year median is 21.55 vs. the industry median of 10.71, Sporton International 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.71, based on 1,007 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. Sporton International's current Return-on-Tangible-Equity of 20.32% is 89.7% 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 Sporton International and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sporton International's current Return-on-Tangible-Equity is 20.32%, which is near median its own 10-year median of 21.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sporton International stock overvalued right now?
Based on GuruFocus' analysis, Sporton International (ROCO:6146) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$213.69, compared to a current price of NT$190.50 — trading 10.9% below its estimated fair value. The current Return-on-Tangible-Equity is 20.32%, which is near median its 10-year median of 21.55 and 89.7% above the Business Services industry median of 10.71. Sporton International's overall GF Score™ is 84/100 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 Sporton International (ROCO:6146), the current Return-on-Tangible-Equity is 20.32% 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 Sporton International (ROCO:6146) Overvalued in 2026?
Based on GuruFocus' analysis, Sporton International stock appears to be undervalued.
The current stock price of NT$190.50 is trading 10.9% below its estimated GF Value™ of NT$213.69.
GuruFocus considers Sporton International to be Modestly Undervalued.
Key valuation signals for ROCO:6146:
Return-on-Tangible-Equity: 20.32% (near median its 10-year median of 21.55)
GF Value™: NT$213.69 vs. price of NT$190.50 (10.9% below fair value)
Industry Position: 89.7% above the Business Services median (#323 of 1007)
No single metric tells the full story. See the ROCO:6146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sporton International Inc provides professional EMC testing and certification services for electronics, electrical, communications, and radio products and devices, and sales of antimagnetic parts. Its reportable segments include the Components division and Testing certification and verification services. The majority of the company's revenue is derived from its Testing, certification, and verification services.
84GF Score
Get the complete analysis for ROCO:6146
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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