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Baso Precision OpticsROCO:6517 -3.95%81 Return-on-Tangible-Equity is 18.31% as of Dec. 2025, which is 8% above its 10-year median of 16.90. GuruFocus rates ROCO:6517 with a GF Score™ of 81/100 and a GF Value™ of NT$67.46 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,384 Hardware companies, Baso Precision Optics ranks better than 59.06% 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. Baso Precision Optics's annualized net income for the quarter that ended in Dec. 2025 was NT$120.0 Mil. Baso Precision Optics's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$655.1 Mil. Therefore, Baso Precision Optics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.31%.
The historical rank and industry rank for Baso Precision Optics's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6517'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -61.07 Med: 16.9 Max: 37.57
Current: 7.65
During the past 11 years, Baso Precision Optics's highest Return-on-Tangible-Equity was 37.57%. The lowest was -61.07%. And the median was 16.90%.
ROCO:6517's Return-on-Tangible-Equity is ranked better than 59.06% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs ROCO:6517: 7.65
Baso Precision Optics (ROCO:6517) 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.
Baso Precision Optics Return-on-Tangible-Equity Related Terms
Baso Precision Optics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Baso Precision Optics'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.
Baso Precision Optics Return-on-Tangible-Equity Chart
ROCO:6517 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Baso Precision Optics'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.
Baso Precision Optics Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Baso Precision Optics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Baso Precision Optics'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 18.31% mean?
Baso Precision Optics (ROCO:6517) has a Return-on-Tangible-Equity of 18.31% 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 Baso Precision Optics and its competitors. This is near median its historical median of 16.90. According to the industry distribution chart, Baso Precision Optics ranks #976 out of 2384 companies in the Hardware industry, placing it in the top 40.9%.
Is Baso Precision Optics' Return-on-Tangible-Equity too high?
Baso Precision Optics' current Return-on-Tangible-Equity of 18.31% is near median its 10-year median of 16.90. The Hardware industry median Return-on-Tangible-Equity is 5.33. Baso Precision Optics' value of 18.31% is 243.5% above this industry median. Based on the distribution chart, Baso Precision Optics ranks #976 out of 2384 companies in the Hardware industry, which is above the industry midpoint. Overall, Baso Precision Optics has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baso Precision Optics' Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Baso Precision Optics ranks #976 out of 2384 companies for Return-on-Tangible-Equity. This puts Baso Precision Optics in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.33. Baso Precision Optics' value of 18.31% is 243.5% above this benchmark. While the company's 10-year median is 16.90 vs. the industry median of 5.33, Baso Precision Optics 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. Baso Precision Optics's current Return-on-Tangible-Equity of 18.31% is 243.5% 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 Baso Precision Optics 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. Baso Precision Optics's current Return-on-Tangible-Equity is 18.31%, which is near median its own 10-year median of 16.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baso Precision Optics stock overvalued right now?
Based on GuruFocus' analysis, Baso Precision Optics (ROCO:6517) is currently considered Fairly Valued. The stock's GF Value™ is NT$67.46, compared to a current price of NT$68.00 — trading 0.8% above its estimated fair value. The current Return-on-Tangible-Equity is 18.31%, which is near median its 10-year median of 16.90 and 243.5% above the Hardware industry median of 5.33. Baso Precision Optics' overall GF Score™ is 81/100 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 Baso Precision Optics (ROCO:6517), the current Return-on-Tangible-Equity is 18.31% 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 Baso Precision Optics (ROCO:6517) Overvalued in 2026?
Based on GuruFocus' analysis, Baso Precision Optics stock appears to be overvalued.
The current stock price of NT$68.00 is trading 0.8% above its estimated GF Value™ of NT$67.46.
GuruFocus considers Baso Precision Optics to be Fairly Valued.
Key valuation signals for ROCO:6517:
Return-on-Tangible-Equity: 18.31% (near median its 10-year median of 16.90)
GF Value™: NT$67.46 vs. price of NT$68.00 (0.8% above fair value)
Industry Position: 243.5% above the Hardware median (#976 of 2384)
No single metric tells the full story. See the ROCO:6517 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baso Precision Optics Ltd is engaged in manufacturing and selling lens, lens modules and elements, and other products. It designs lens for projectors, DSC lens module, scanners, telescopes, copiers and mobile phone lens module.
81GF Score
Get the complete analysis for ROCO:6517
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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