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Mutual-Tek Industries CoROCO:6407 -1.72%67 Return-on-Tangible-Equity is 14.28% as of Dec. 2025, which is 125% above its 10-year median of 6.35. GuruFocus rates ROCO:6407 with a GF Score™ of 67/100 and a GF Value™ of NT$23.25 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,384 Hardware companies, Mutual-Tek Industries Co ranks better than 61.87% 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. Mutual-Tek Industries Co's annualized net income for the quarter that ended in Dec. 2025 was NT$186 Mil. Mutual-Tek Industries Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,300 Mil. Therefore, Mutual-Tek Industries Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 14.28%.
The historical rank and industry rank for Mutual-Tek Industries Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6407'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -32.93 Med: 6.35 Max: 25.38
Current: 8.63
During the past 13 years, Mutual-Tek Industries Co's highest Return-on-Tangible-Equity was 25.38%. The lowest was -32.93%. And the median was 6.35%.
ROCO:6407's Return-on-Tangible-Equity is ranked better than 61.87% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs ROCO:6407: 8.63
Mutual-Tek Industries Co (ROCO:6407) 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.
Mutual-Tek Industries Co Return-on-Tangible-Equity Related Terms
Mutual-Tek Industries Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mutual-Tek Industries 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.
Mutual-Tek Industries Co Return-on-Tangible-Equity Chart
ROCO:6407 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Mutual-Tek Industries 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.
Mutual-Tek Industries Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Mutual-Tek Industries Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mutual-Tek Industries Co'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 two times the semi-annual (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 14.28% mean?
Mutual-Tek Industries Co (ROCO:6407) has a Return-on-Tangible-Equity of 14.28% 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 Mutual-Tek Industries Co and its competitors. This is 125% above median its historical median of 6.35. According to the industry distribution chart, Mutual-Tek Industries Co ranks #909 out of 2384 companies in the Hardware industry, placing it in the top 38.1%.
Is Mutual-Tek Industries Co's Return-on-Tangible-Equity too high?
Mutual-Tek Industries Co's current Return-on-Tangible-Equity of 14.28% is 125% above median its 10-year median of 6.35. The Hardware industry median Return-on-Tangible-Equity is 5.33. Mutual-Tek Industries Co's value of 14.28% is 167.9% above this industry median. Based on the distribution chart, Mutual-Tek Industries Co ranks #909 out of 2384 companies in the Hardware industry, which is above the industry midpoint. Overall, Mutual-Tek Industries Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mutual-Tek Industries Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Mutual-Tek Industries Co ranks #909 out of 2384 companies for Return-on-Tangible-Equity. This puts Mutual-Tek Industries Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.33. Mutual-Tek Industries Co's value of 14.28% is 167.9% above this benchmark. While the company's 10-year median is 6.35 vs. the industry median of 5.33, Mutual-Tek Industries Co 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. Mutual-Tek Industries Co's current Return-on-Tangible-Equity of 14.28% is 167.9% 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 Mutual-Tek Industries Co 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. Mutual-Tek Industries Co's current Return-on-Tangible-Equity is 14.28%, which is 125% above median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual-Tek Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Mutual-Tek Industries Co (ROCO:6407) is currently considered Fairly Valued. The stock's GF Value™ is NT$23.25, compared to a current price of NT$22.90 — trading 1.5% below its estimated fair value. The current Return-on-Tangible-Equity is 14.28%, which is 125% above median its 10-year median of 6.35 and 167.9% above the Hardware industry median of 5.33. Mutual-Tek Industries Co's overall GF Score™ is 67/100 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 Mutual-Tek Industries Co (ROCO:6407), the current Return-on-Tangible-Equity is 14.28% 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 Mutual-Tek Industries Co (ROCO:6407) Overvalued in 2026?
Based on GuruFocus' analysis, Mutual-Tek Industries Co stock appears to be undervalued.
The current stock price of NT$22.90 is trading 1.5% below its estimated GF Value™ of NT$23.25.
GuruFocus considers Mutual-Tek Industries Co to be Fairly Valued.
Key valuation signals for ROCO:6407:
Return-on-Tangible-Equity: 14.28% (125% above median its 10-year median of 6.35)
GF Value™: NT$23.25 vs. price of NT$22.90 (1.5% below fair value)
Industry Position: 167.9% above the Hardware median (#909 of 2384)
No single metric tells the full story. See the ROCO:6407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mutual-Tek Industries Co Ltd is involved in manufacturing multi-layer and double-sided printed circuit boards (PCBs). Its product offerings include Rigid-Flex Board, High-Density Interconnect PCB, High Layer count, and Ultra-Thin PCB among others.
67GF Score
Get the complete analysis for ROCO:6407
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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