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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. Techcential International's annualized net income for the quarter that ended in Mar. 2026 was NT$-72.9 Mil. Techcential International's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$445.6 Mil. Therefore, Techcential International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -16.37%.
The historical rank and industry rank for Techcential International's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6616'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.33 Med: 4.21 Max: 26.29
Current: -11.33
During the past 12 years, Techcential International's highest Return-on-Tangible-Equity was 26.29%. The lowest was -11.33%. And the median was 4.21%.
ROCO:6616's Return-on-Tangible-Equity is ranked worse than 84.8% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs ROCO:6616: -11.33
Techcential International (ROCO:6616) 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.
Techcential International Return-on-Tangible-Equity Related Terms
Techcential International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Techcential International'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.
Techcential International Return-on-Tangible-Equity Chart
ROCO:6616 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Techcential International'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.
Techcential International Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Techcential International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Techcential International'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -16.37% mean?
Techcential International (ROCO:6616) has a Return-on-Tangible-Equity of -16.37% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Techcential International and its competitors. According to the industry distribution chart, Techcential International ranks #357 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 84.8%.
Is Techcential International's Return-on-Tangible-Equity too high?
Techcential International's current Return-on-Tangible-Equity is -16.37%. Based on the distribution chart, Techcential International ranks #357 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Techcential International has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Techcential International's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Techcential International ranks #357 out of 421 companies for Return-on-Tangible-Equity. This places Techcential International in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.08. 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 421 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. 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 Techcential International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techcential International's current Return-on-Tangible-Equity is -16.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techcential International stock overvalued right now?
Based on GuruFocus' analysis, Techcential International (ROCO:6616) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.54, compared to a current price of NT$8.72 — trading 8.6% below its estimated fair value. The current Return-on-Tangible-Equity is -16.37%. Techcential International's overall GF Score™ is 77/100 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 Techcential International (ROCO:6616), the current Return-on-Tangible-Equity is -16.37% as of Mar. 2026. 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 Techcential International (ROCO:6616) Overvalued in 2026?
Based on GuruFocus' analysis, Techcential International stock appears to be undervalued.
The current stock price of NT$8.72 is trading 8.6% below its estimated GF Value™ of NT$9.54.
GuruFocus considers Techcential International to be Fairly Valued.
Key valuation signals for ROCO:6616:
Return-on-Tangible-Equity: -16.37%
GF Value™: NT$9.54 vs. price of NT$8.72 (8.6% below fair value)
No single metric tells the full story. See the ROCO:6616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techcential International Ltd is a company that engages in the manufacturing and sales of furniture and wood pellets, rubber wood trading, as well as leasing machinery and equipment. The products of the company include Bunk beds, dinettes, and coffee tables. The Group's reportable segments are A, B, C, and D. Segment A is involved in the manufacturing and sale of bedroom furniture, Segment B in the manufacturing and sale of kitchen cabinets, Segment C in the manufacturing and sale of rubber wood, and Segment D in Leasing. The company sells products in the United States, Malaysia, and other countries. It generates the majority of its revenue from the United States.
77GF Score
Get the complete analysis for ROCO:6616
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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