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Shuang-Bang IndustrialROCO:6506 +1.94%69 Return-on-Tangible-Equity is 8.22% as of Dec. 2025, which is 4% above its 10-year median of 7.87. GuruFocus rates ROCO:6506 with a GF Score™ of 69/100 and a GF Value™ of NT$17.33 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,569 Chemicals companies, Shuang-Bang Industrial ranks better than 55.51% 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. Shuang-Bang Industrial's annualized net income for the quarter that ended in Dec. 2025 was NT$103 Mil. Shuang-Bang Industrial's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,257 Mil. Therefore, Shuang-Bang Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.22%.
The historical rank and industry rank for Shuang-Bang Industrial's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6506'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.05 Med: 7.87 Max: 20.89
Current: 6.87
During the past 13 years, Shuang-Bang Industrial's highest Return-on-Tangible-Equity was 20.89%. The lowest was 0.05%. And the median was 7.87%.
ROCO:6506's Return-on-Tangible-Equity is ranked better than 55.51% of 1569
companies
in the Chemicals industry
Industry Median: 5.78
vs ROCO:6506: 6.87
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.
Shuang-Bang Industrial Return-on-Tangible-Equity Related Terms
Shuang-Bang Industrial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shuang-Bang Industrial'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:6506 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Shuang-Bang Industrial'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.
Shuang-Bang Industrial Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shuang-Bang Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shuang-Bang Industrial'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 8.22% mean?
Shuang-Bang Industrial (ROCO:6506) has a Return-on-Tangible-Equity of 8.22% 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 Shuang-Bang Industrial and its competitors. This is near median its historical median of 7.87. Over the past decade, Shuang-Bang Industrial's Return-on-Tangible-Equity has ranged from 0.05 to 20.89. According to the industry distribution chart, Shuang-Bang Industrial ranks #698 out of 1569 companies in the Chemicals industry, placing it in the top 44.5%.
Is Shuang-Bang Industrial's Return-on-Tangible-Equity too high?
Shuang-Bang Industrial's current Return-on-Tangible-Equity of 8.22% is near median its 10-year median of 7.87. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 20.89. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Shuang-Bang Industrial's value of 8.22% is 42.2% above this industry median. Based on the distribution chart, Shuang-Bang Industrial ranks #698 out of 1569 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shuang-Bang Industrial has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shuang-Bang Industrial's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shuang-Bang Industrial ranks #698 out of 1569 companies for Return-on-Tangible-Equity. This puts Shuang-Bang Industrial in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.78. Shuang-Bang Industrial's value of 8.22% is 42.2% above this benchmark. Historically, Shuang-Bang Industrial's own Return-on-Tangible-Equity has ranged from 0.05 to 20.89 over the past decade. While the company's 10-year median is 7.87 vs. the industry median of 5.78, Shuang-Bang Industrial 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.78, based on 1,569 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. Shuang-Bang Industrial's current Return-on-Tangible-Equity of 8.22% is 42.2% 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 Shuang-Bang Industrial and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuang-Bang Industrial's current Return-on-Tangible-Equity is 8.22%, which is near median its own 10-year median of 7.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuang-Bang Industrial stock overvalued right now?
Based on GuruFocus' analysis, Shuang-Bang Industrial (ROCO:6506) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.33, compared to a current price of NT$18.40 — trading 6.2% above its estimated fair value. The current Return-on-Tangible-Equity is 8.22%, which is near median its 10-year median of 7.87 and 42.2% above the Chemicals industry median of 5.78. Shuang-Bang Industrial's overall GF Score™ is 69/100 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 Shuang-Bang Industrial (ROCO:6506), the current Return-on-Tangible-Equity is 8.22% 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 Shuang-Bang Industrial (ROCO:6506) Overvalued in 2026?
Based on GuruFocus' analysis, Shuang-Bang Industrial stock appears to be overvalued.
The current stock price of NT$18.40 is trading 6.2% above its estimated GF Value™ of NT$17.33.
GuruFocus considers Shuang-Bang Industrial to be Fairly Valued.
Key valuation signals for ROCO:6506:
Return-on-Tangible-Equity: 8.22% (near median its 10-year median of 7.87)
GF Value™: NT$17.33 vs. price of NT$18.40 (6.2% above fair value)
Industry Position: 42.2% above the Chemicals median (#698 of 1569)
No single metric tells the full story. See the ROCO:6506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shuang-Bang Industrial Corp is engaged in the manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and the sales of photoinitiators. The group has four segments, including coating and lamination, polymer, TPU, and sports. It generates the majority of its revenue from the coating and lamination segment engaged in manufacturing. The TPU segment is engaged in manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and sales of photo initiators.
69GF Score
Get the complete analysis for ROCO:6506
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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