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Taiwan Union TechnologyROCO:6274 +9.72%72 Return-on-Tangible-Equity is 27.54% as of Mar. 2026, which is 65% above its 10-year median of 16.68. GuruFocus rates ROCO:6274 with a GF Score™ of 72/100 and a GF Value™ of NT$376.64 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,384 Hardware companies, Taiwan Union Technology ranks better than 90.27% 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. Taiwan Union Technology's annualized net income for the quarter that ended in Mar. 2026 was NT$5,040 Mil. Taiwan Union Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$18,300 Mil. Therefore, Taiwan Union Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 27.54%.
The historical rank and industry rank for Taiwan Union Technology's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6274'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.03 Med: 16.68 Max: 25.28
Current: 25.28
During the past 13 years, Taiwan Union Technology's highest Return-on-Tangible-Equity was 25.28%. The lowest was 7.03%. And the median was 16.68%.
ROCO:6274's Return-on-Tangible-Equity is ranked better than 90.27% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs ROCO:6274: 25.28
Taiwan Union Technology (ROCO:6274) 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.
Taiwan Union Technology Return-on-Tangible-Equity Related Terms
Taiwan Union Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Taiwan Union Technology'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.
Taiwan Union Technology Return-on-Tangible-Equity Chart
ROCO:6274 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Taiwan Union Technology'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.
Taiwan Union Technology Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Taiwan Union Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Taiwan Union Technology'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 27.54% mean?
Taiwan Union Technology (ROCO:6274) has a Return-on-Tangible-Equity of 27.54% 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 Taiwan Union Technology and its competitors. This is 65% above median its historical median of 16.68. Over the past decade, Taiwan Union Technology's Return-on-Tangible-Equity has ranged from 7.03 to 25.28. According to the industry distribution chart, Taiwan Union Technology ranks #232 out of 2384 companies in the Hardware industry, placing it in the top 9.7%.
Is Taiwan Union Technology's Return-on-Tangible-Equity too high?
Taiwan Union Technology's current Return-on-Tangible-Equity of 27.54% is 65% above median its 10-year median of 16.68. Over the past 10 years, this metric has ranged from a low of 7.03 to a high of 25.28. The Hardware industry median Return-on-Tangible-Equity is 5.33. Taiwan Union Technology's value of 27.54% is 416.7% above this industry median. Based on the distribution chart, Taiwan Union Technology ranks #232 out of 2384 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Union Technology has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Union Technology's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Taiwan Union Technology ranks #232 out of 2384 companies for Return-on-Tangible-Equity. This places Taiwan Union Technology in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.33. Taiwan Union Technology's value of 27.54% is 416.7% above this benchmark. Historically, Taiwan Union Technology's own Return-on-Tangible-Equity has ranged from 7.03 to 25.28 over the past decade. While the company's 10-year median is 16.68 vs. the industry median of 5.33, Taiwan Union Technology 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.33, based on 2,384 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. Taiwan Union Technology's current Return-on-Tangible-Equity of 27.54% is 416.7% 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 Taiwan Union Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Union Technology's current Return-on-Tangible-Equity is 27.54%, which is 65% above median its own 10-year median of 16.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Union Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Union Technology (ROCO:6274) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$376.64, compared to a current price of NT$1,355.00 — trading 259.8% above its estimated fair value. The current Return-on-Tangible-Equity is 27.54%, which is 65% above median its 10-year median of 16.68 and 416.7% above the Hardware industry median of 5.33. Taiwan Union Technology's overall GF Score™ is 72/100 with 4 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 Taiwan Union Technology (ROCO:6274), the current Return-on-Tangible-Equity is 27.54% 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 Taiwan Union Technology (ROCO:6274) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Union Technology stock appears to be overvalued.
The current stock price of NT$1,355.00 is trading 259.8% above its estimated GF Value™ of NT$376.64.
GuruFocus considers Taiwan Union Technology to be Significantly Overvalued.
Key valuation signals for ROCO:6274:
Return-on-Tangible-Equity: 27.54% (65% above median its 10-year median of 16.68)
GF Value™: NT$376.64 vs. price of NT$1,355.00 (259.8% above fair value)
Industry Position: 416.7% above the Hardware median (#232 of 2384)
No single metric tells the full story. See the ROCO:6274 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Union Technology Corp is engaged in the production and distribution of materials for printed circuit boards. The company mainly produces copper clad laminate, prepreg and mass lamination, and is a supplier of printed circuit boards. It segments includes reportable segments were as follows: Taiwan Union Technology Corporation; Mainland China and other subsidiaries. Geographically operates in Asia, and Others.
72GF Score
Get the complete analysis for ROCO:6274
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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