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Topview OptronicsROCO:6556 +1.87%79 Return-on-Tangible-Equity is 13.76% as of Dec. 2025, which is 38% above its 10-year median of 9.97. GuruFocus rates ROCO:6556 with a GF Score™ of 79/100 and a GF Value™ of NT$63.64 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,007 Business Services companies, Topview Optronics ranks better than 56.11% 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. Topview Optronics's annualized net income for the quarter that ended in Dec. 2025 was NT$215 Mil. Topview Optronics's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,564 Mil. Therefore, Topview Optronics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.76%.
The historical rank and industry rank for Topview Optronics's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6556'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.88 Med: 9.97 Max: 23.35
Current: 12.86
During the past 13 years, Topview Optronics's highest Return-on-Tangible-Equity was 23.35%. The lowest was 3.88%. And the median was 9.97%.
ROCO:6556's Return-on-Tangible-Equity is ranked better than 56.11% of 1007
companies
in the Business Services industry
Industry Median: 10.73
vs ROCO:6556: 12.86
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.
Topview Optronics Return-on-Tangible-Equity Related Terms
Topview Optronics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Topview Optronics'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:6556 vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison
For the Security & Protection Services subindustry, Topview Optronics'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.
Topview Optronics Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Topview Optronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Topview Optronics'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 13.76% mean?
Topview Optronics (ROCO:6556) has a Return-on-Tangible-Equity of 13.76% 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 Topview Optronics and its competitors. This is 38% above median its historical median of 9.97. Over the past decade, Topview Optronics' Return-on-Tangible-Equity has ranged from 3.88 to 23.35. According to the industry distribution chart, Topview Optronics ranks #442 out of 1007 companies in the Business Services industry, placing it in the top 43.9%.
Is Topview Optronics' Return-on-Tangible-Equity too high?
Topview Optronics' current Return-on-Tangible-Equity of 13.76% is 38% above median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 3.88 to a high of 23.35. The Business Services industry median Return-on-Tangible-Equity is 10.73. Topview Optronics' value of 13.76% is 28.2% above this industry median. Based on the distribution chart, Topview Optronics ranks #442 out of 1007 companies in the Business Services industry, which is above the industry midpoint. Overall, Topview Optronics has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topview Optronics' Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Topview Optronics ranks #442 out of 1007 companies for Return-on-Tangible-Equity. This puts Topview Optronics in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.73. Topview Optronics' value of 13.76% is 28.2% above this benchmark. Historically, Topview Optronics' own Return-on-Tangible-Equity has ranged from 3.88 to 23.35 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 10.73, Topview Optronics 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.73, based on 1,007 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. Topview Optronics's current Return-on-Tangible-Equity of 13.76% is 28.2% 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 Topview Optronics and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topview Optronics's current Return-on-Tangible-Equity is 13.76%, which is 38% above median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topview Optronics stock overvalued right now?
Based on GuruFocus' analysis, Topview Optronics (ROCO:6556) is currently considered Fairly Valued. The stock's GF Value™ is NT$63.64, compared to a current price of NT$65.30 — trading 2.6% above its estimated fair value. The current Return-on-Tangible-Equity is 13.76%, which is 38% above median its 10-year median of 9.97 and 28.2% above the Business Services industry median of 10.73. Topview Optronics' overall GF Score™ is 79/100 with 1 warning sign 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 Topview Optronics (ROCO:6556), the current Return-on-Tangible-Equity is 13.76% 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 Topview Optronics (ROCO:6556) Overvalued in 2026?
Based on GuruFocus' analysis, Topview Optronics stock appears to be overvalued.
The current stock price of NT$65.30 is trading 2.6% above its estimated GF Value™ of NT$63.64.
GuruFocus considers Topview Optronics to be Fairly Valued.
Key valuation signals for ROCO:6556:
Return-on-Tangible-Equity: 13.76% (38% above median its 10-year median of 9.97)
GF Value™: NT$63.64 vs. price of NT$65.30 (2.6% above fair value)
Industry Position: 28.2% above the Business Services median (#442 of 1007)
No single metric tells the full story. See the ROCO:6556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topview Optronics Corp is involved in the manufacturing, trading, import and export of security monitors. Its products are IP cameras of 1,2,3-megapixel, speed dome, and accessories such as bracket.
79GF Score
Get the complete analysis for ROCO:6556
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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