Ginar Technology Co (ROCO:6151) Return-on-Tangible-Equity: 2.27% (As of Dec. 2025) — 75% Below Median

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ROCO:6151 Ginar Technology Co Ltd ROCO:6151
68 GF Score
Price NT$37.70
GF Value NT$29.87
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ginar Technology Co Return-on-Tangible-Equity?

Ginar Technology Co ROCO:6151 -2.20% 68 Return-on-Tangible-Equity is 2.27% as of Dec. 2025, which is 75% below its 10-year median of 9.14. GuruFocus rates ROCO:6151 with a GF Score™ of 68/100 and a GF Value™ of NT$29.87 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,570 Chemicals companies, Ginar Technology Co ranks better than 53.89% 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. Ginar Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$22 Mil. Ginar Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$975 Mil. Therefore, Ginar Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.27%.

The historical rank and industry rank for Ginar Technology Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:6151' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.37   Med: 9.14   Max: 21.83
Current: 6.57

During the past 13 years, Ginar Technology Co's highest Return-on-Tangible-Equity was 21.83%. The lowest was 6.37%. And the median was 9.14%.

ROCO:6151's Return-on-Tangible-Equity is ranked better than
53.89% of 1570 companies
in the Chemicals industry
Industry Median: 5.77 vs ROCO:6151: 6.57

Ginar Technology Co  (ROCO:6151) 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.


Ginar Technology Co Return-on-Tangible-Equity Related Terms


Ginar Technology Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ginar 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.

Ginar Technology Co Return-on-Tangible-Equity Chart

Ginar Technology Co 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 21.83 9.73 8.35 8.10 6.37

Ginar Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 6.75 7.19 9.42 7.70 2.27

ROCO:6151 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Ginar 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.


Ginar Technology Co Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ginar Technology Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ginar Technology Co's Return-on-Tangible-Equity falls into.


ROCO:6151
68GF Score
Ginar Technology Co Ltd ROCO:6151
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ginar Technology Co Return-on-Tangible-Equity Calculation

Ginar Technology Co'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 )
=64.093/( (1023.428+988.592 )/ 2 )
=64.093/1006.01
=6.37 %

Ginar Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=22.116/( (962.387+988.592)/ 2 )
=22.116/975.4895
=2.27 %

* 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 2.27% mean?
Ginar Technology Co (ROCO:6151) has a Return-on-Tangible-Equity of 2.27% 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 Ginar Technology Co and its competitors. This is 75% below median its historical median of 9.14. Over the past decade, Ginar Technology Co's Return-on-Tangible-Equity has ranged from 6.37 to 21.83. According to the industry distribution chart, Ginar Technology Co ranks #724 out of 1570 companies in the Chemicals industry, placing it in the top 46.1%.
Is Ginar Technology Co's Return-on-Tangible-Equity too high?
Ginar Technology Co's current Return-on-Tangible-Equity of 2.27% is 75% below median its 10-year median of 9.14. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 21.83. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Ginar Technology Co's value of 2.27% is 60.7% below this industry median. Based on the distribution chart, Ginar Technology Co ranks #724 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ginar Technology Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ginar Technology Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ginar Technology Co ranks #724 out of 1570 companies for Return-on-Tangible-Equity. This puts Ginar Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.77. Ginar Technology Co's value of 2.27% is 60.7% below this benchmark. Historically, Ginar Technology Co's own Return-on-Tangible-Equity has ranged from 6.37 to 21.83 over the past decade. While the company's 10-year median is 9.14 vs. the industry median of 5.77, Ginar Technology 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.77, based on 1,570 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. Ginar Technology Co's current Return-on-Tangible-Equity of 2.27% is 60.7% 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 Ginar Technology Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ginar Technology Co's current Return-on-Tangible-Equity is 2.27%, which is 75% below median its own 10-year median of 9.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginar Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ginar Technology Co (ROCO:6151) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$29.87, compared to a current price of NT$37.70 — trading 26.2% above its estimated fair value. The current Return-on-Tangible-Equity is 2.27%, which is 75% below median its 10-year median of 9.14 and 60.7% below the Chemicals industry median of 5.77. Ginar Technology Co's overall GF Score™ is 68/100 with 3 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 Ginar Technology Co (ROCO:6151), the current Return-on-Tangible-Equity is 2.27% 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 Ginar Technology Co (ROCO:6151) Overvalued in 2026?

Based on GuruFocus' analysis, Ginar Technology Co stock appears to be overvalued. The current stock price of NT$37.70 is trading 26.2% above its estimated GF Value™ of NT$29.87. GuruFocus considers Ginar Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:6151:

  • Return-on-Tangible-Equity: 2.27% (75% below median its 10-year median of 9.14)
  • GF Value™: NT$29.87 vs. price of NT$37.70 (26.2% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 60.7% below the Chemicals median (#724 of 1570)

No single metric tells the full story. See the ROCO:6151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ginar Technology Co Business Description

Address No. 250, Changfa Road, No.11, Nangang Village, Dayuan District, Taoyuan City, TWN, 33759
Ginar Technology Co Ltd mainly engages in the manufacturing, processing, and trading of rubber and plastic composite materials. The company is devoted to the research and development and production of engineering plastic and composite materials, including polyamide (PA), polypropylene (PP), polycarbonate (PC), as well as color mating technology to provide domestic and foreign industries with high value-added requirements. Its products include GITOP HPPA Engineering Plastics, MAPEX PA Engineering Plastics, APLAX PP Engineering Plastics, and KAPEX PC Engineering Plastics.
68GF Score

Get the complete analysis for ROCO:6151

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

NT$37.70
Price
NT$29.87
GF Value