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Hwacom SystemsROCO:6163 +7.39%54 Return-on-Tangible-Equity is 19.27% as of Dec. 2025, which is 269% above its 10-year median of 5.22. GuruFocus rates ROCO:6163 with a GF Score™ of 54/100 and a GF Value™ of NT$34.03 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 328 Telecommunication Services companies, Hwacom Systems ranks worse than 71.04% 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. Hwacom Systems's annualized net income for the quarter that ended in Dec. 2025 was NT$515 Mil. Hwacom Systems's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,673 Mil. Therefore, Hwacom Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 19.27%.
The historical rank and industry rank for Hwacom Systems's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6163'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.14 Med: 5.22 Max: 8.69
Current: 4.07
During the past 13 years, Hwacom Systems's highest Return-on-Tangible-Equity was 8.69%. The lowest was 0.14%. And the median was 5.22%.
ROCO:6163's Return-on-Tangible-Equity is ranked worse than 71.04% of 328
companies
in the Telecommunication Services industry
Industry Median: 14.285
vs ROCO:6163: 4.07
Hwacom Systems (ROCO:6163) 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.
Hwacom Systems Return-on-Tangible-Equity Related Terms
Hwacom Systems Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hwacom Systems'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:6163 vs VZ, TMUS, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, Hwacom Systems'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.
Hwacom Systems Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Hwacom Systems's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hwacom Systems'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 19.27% mean?
Hwacom Systems (ROCO:6163) has a Return-on-Tangible-Equity of 19.27% 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 Hwacom Systems and its competitors. This is 269% above median its historical median of 5.22. Over the past decade, Hwacom Systems' Return-on-Tangible-Equity has ranged from 0.14 to 8.69. According to the industry distribution chart, Hwacom Systems ranks #233 out of 328 companies in the Telecommunication Services industry, placing it in the top 71%.
Is Hwacom Systems' Return-on-Tangible-Equity too high?
Hwacom Systems' current Return-on-Tangible-Equity of 19.27% is 269% above median its 10-year median of 5.22. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 8.69. The Telecommunication Services industry median Return-on-Tangible-Equity is 14.29. Hwacom Systems' value of 19.27% is 34.9% above this industry median. Based on the distribution chart, Hwacom Systems ranks #233 out of 328 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Hwacom Systems has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hwacom Systems' Return-on-Tangible-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Hwacom Systems ranks #233 out of 328 companies for Return-on-Tangible-Equity. This places Hwacom Systems in the lower half of its industry. The industry median Return-on-Tangible-Equity is 14.29. Hwacom Systems' value of 19.27% is 34.9% above this benchmark. Historically, Hwacom Systems' own Return-on-Tangible-Equity has ranged from 0.14 to 8.69 over the past decade. While the company's 10-year median is 5.22 vs. the industry median of 14.29, Hwacom Systems 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.29, based on 328 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. Hwacom Systems's current Return-on-Tangible-Equity of 19.27% is 34.9% 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 Hwacom Systems and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwacom Systems's current Return-on-Tangible-Equity is 19.27%, which is 269% above median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwacom Systems stock overvalued right now?
Based on GuruFocus' analysis, Hwacom Systems (ROCO:6163) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$34.03, compared to a current price of NT$38.50 — trading 13.1% above its estimated fair value. The current Return-on-Tangible-Equity is 19.27%, which is 269% above median its 10-year median of 5.22 and 34.9% above the Telecommunication Services industry median of 14.29. Hwacom Systems' overall GF Score™ is 54/100 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 Hwacom Systems (ROCO:6163), the current Return-on-Tangible-Equity is 19.27% 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 Hwacom Systems (ROCO:6163) Overvalued in 2026?
Based on GuruFocus' analysis, Hwacom Systems stock appears to be overvalued.
The current stock price of NT$38.50 is trading 13.1% above its estimated GF Value™ of NT$34.03.
GuruFocus considers Hwacom Systems to be Modestly Overvalued.
Key valuation signals for ROCO:6163:
Return-on-Tangible-Equity: 19.27% (269% above median its 10-year median of 5.22)
GF Value™: NT$34.03 vs. price of NT$38.50 (13.1% above fair value)
Industry Position: 34.9% above the Telecommunication Services median (#233 of 328)
No single metric tells the full story. See the ROCO:6163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwacom Systems Inc main business activities include telecommunication integration system services, IP broadband network services, media industry services, smart city businesses, and enterprise customer services. Its products include AgileTV, AMS - Airport Terminal Operations Management System, Arista, Ateme, and AWS. The Company is committed to providing products and services in four areas: information and communication technology, digital media, smart applications and cybersecurity.
54GF Score
Get the complete analysis for ROCO:6163
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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