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Chunghwa Precision Test Tech CoROCO:6510 +1.85%73 Return-on-Tangible-Equity is 13.24% as of Dec. 2025, which is 10% above its 10-year median of 12.02. GuruFocus rates ROCO:6510 with a GF Score™ of 73/100 and a GF Value™ of NT$1,108.88 (Significantly Overvalued). Among 985 Semiconductors companies, Chunghwa Precision Test Tech Co ranks better than 69.64% 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. Chunghwa Precision Test Tech Co's annualized net income for the quarter that ended in Dec. 2025 was NT$1,139 Mil. Chunghwa Precision Test Tech Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$8,605 Mil. Therefore, Chunghwa Precision Test Tech Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.24%.
The historical rank and industry rank for Chunghwa Precision Test Tech Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6510'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.43 Med: 12.02 Max: 31.89
Current: 11.98
During the past 13 years, Chunghwa Precision Test Tech Co's highest Return-on-Tangible-Equity was 31.89%. The lowest was 0.43%. And the median was 12.02%.
ROCO:6510's Return-on-Tangible-Equity is ranked better than 69.64% of 985
companies
in the Semiconductors industry
Industry Median: 5.31
vs ROCO:6510: 11.98
Chunghwa Precision Test Tech Co (ROCO:6510) 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.
Chunghwa Precision Test Tech Co Return-on-Tangible-Equity Related Terms
Chunghwa Precision Test Tech Co Return-on-Tangible-Equity Historical Data
* 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.
Chunghwa Precision Test Tech Co Return-on-Tangible-Equity Chart
ROCO:6510 vs AMAT, LRCX, KLAC: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Chunghwa Precision Test Tech 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.
Chunghwa Precision Test Tech Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Chunghwa Precision Test Tech Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chunghwa Precision Test Tech 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 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 13.24% mean?
Chunghwa Precision Test Tech Co (ROCO:6510) has a Return-on-Tangible-Equity of 13.24% 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 Chunghwa Precision Test Tech Co and its competitors. This is 10% above median its historical median of 12.02. Over the past decade, Chunghwa Precision Test Tech Co's Return-on-Tangible-Equity has ranged from 0.43 to 31.89. According to the industry distribution chart, Chunghwa Precision Test Tech Co ranks #299 out of 985 companies in the Semiconductors industry, placing it in the top 30.4%.
Is Chunghwa Precision Test Tech Co's Return-on-Tangible-Equity too high?
Chunghwa Precision Test Tech Co's current Return-on-Tangible-Equity of 13.24% is 10% above median its 10-year median of 12.02. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 31.89. The Semiconductors industry median Return-on-Tangible-Equity is 5.31. Chunghwa Precision Test Tech Co's value of 13.24% is 149.3% above this industry median. Based on the distribution chart, Chunghwa Precision Test Tech Co ranks #299 out of 985 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Chunghwa Precision Test Tech Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chunghwa Precision Test Tech Co's Return-on-Tangible-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Chunghwa Precision Test Tech Co ranks #299 out of 985 companies for Return-on-Tangible-Equity. This puts Chunghwa Precision Test Tech Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.31. Chunghwa Precision Test Tech Co's value of 13.24% is 149.3% above this benchmark. Historically, Chunghwa Precision Test Tech Co's own Return-on-Tangible-Equity has ranged from 0.43 to 31.89 over the past decade. While the company's 10-year median is 12.02 vs. the industry median of 5.31, Chunghwa Precision Test Tech 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 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. Chunghwa Precision Test Tech Co's current Return-on-Tangible-Equity of 13.24% is 149.3% 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 Chunghwa Precision Test Tech Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chunghwa Precision Test Tech Co's current Return-on-Tangible-Equity is 13.24%, which is 10% above median its own 10-year median of 12.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chunghwa Precision Test Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Chunghwa Precision Test Tech Co (ROCO:6510) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,108.88, compared to a current price of NT$2,760.00 — trading 148.9% above its estimated fair value. The current Return-on-Tangible-Equity is 13.24%, which is 10% above median its 10-year median of 12.02 and 149.3% above the Semiconductors industry median of 5.31. Chunghwa Precision Test Tech Co's overall GF Score™ is 73/100. 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 Chunghwa Precision Test Tech Co (ROCO:6510), the current Return-on-Tangible-Equity is 13.24% 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 Chunghwa Precision Test Tech Co (ROCO:6510) Overvalued in 2026?
Based on GuruFocus' analysis, Chunghwa Precision Test Tech Co stock appears to be overvalued.
The current stock price of NT$2,760.00 is trading 148.9% above its estimated GF Value™ of NT$1,108.88.
GuruFocus considers Chunghwa Precision Test Tech Co to be Significantly Overvalued.
Key valuation signals for ROCO:6510:
Return-on-Tangible-Equity: 13.24% (10% above median its 10-year median of 12.02)
GF Value™: NT$1,108.88 vs. price of NT$2,760.00 (148.9% above fair value)
Industry Position: 149.3% above the Semiconductors median (#299 of 985)
No single metric tells the full story. See the ROCO:6510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chunghwa Precision Test Tech Co Business Description
Chunghwa Precision Test Tech Co Ltd is engaged mainly in the testing of semiconductor components, the production of printed circuit boards, and the marketing of electronic products. The company earns operating revenue from the production and sales of semiconductor testing components and printed circuit boards, as well as other electronic products. It also earns revenue from the rendering of services such as designing and maintaining semiconductor components, printed circuit boards, and providing after-sales services. It generates maximum revenue from the sale of wafer test boards. Geographically, the company generates maximum revenue from Taiwan, followed by the United States, China, and Other regions.
73GF Score
Get the complete analysis for ROCO:6510
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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