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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 Jun. 2026 was NT$-117 Mil. Hwacom Systems's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$2,897 Mil. Therefore, Hwacom Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -4.05%.
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: 4.88
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 72.12% of 330
companies
in the Telecommunication Services industry
Industry Median: 16.205
vs ROCO:6163: 4.88
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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -4.01% mean?
Hwacom Systems (ROCO:6163) has a Return-on-Tangible-Equity of -4.01% as of Jun. 2026. 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. 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 #238 out of 330 companies in the Telecommunication Services industry, placing it in the top 72.1%.
Is Hwacom Systems' Return-on-Tangible-Equity too high?
Hwacom Systems' current Return-on-Tangible-Equity is -4.01%. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 8.69. Based on the distribution chart, Hwacom Systems ranks #238 out of 330 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Hwacom Systems has a GF Score™ of 64/100 and is considered Fairly Valued, 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 #238 out of 330 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 16.21. Historically, Hwacom Systems' own Return-on-Tangible-Equity has ranged from 0.14 to 8.69 over the past decade. 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 16.21, based on 330 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. 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 16.21 — 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 -4.01%. 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 Fairly Valued. The stock's GF Value™ is NT$37.05, compared to a current price of NT$39.75 — trading 7.3% above its estimated fair value. The current Return-on-Tangible-Equity is -4.01%. Hwacom Systems' overall GF Score™ is 64/100 with 6 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 -4.01% as of Jun. 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 Hwacom Systems (ROCO:6163) Overvalued in 2026?
Based on GuruFocus' analysis, Hwacom Systems stock appears to be overvalued.
The current stock price of NT$39.75 is trading 7.3% above its estimated GF Value™ of NT$37.05.
GuruFocus considers Hwacom Systems to be Fairly Valued.
Key valuation signals for ROCO:6163:
Return-on-Tangible-Equity: -4.01%
GF Value™: NT$37.05 vs. price of NT$39.75 (7.3% above fair value)
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.
64GF 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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