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Thai Kin CoROCO:6629 -0.47%92 Return-on-Tangible-Equity is 20.02% as of Dec. 2025, which is 4% below its 10-year median of 20.96. GuruFocus rates ROCO:6629 with a GF Score™ of 92/100 and a GF Value™ of NT$107.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Thai Kin Co ranks better than 79.81% 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. Thai Kin Co's annualized net income for the quarter that ended in Dec. 2025 was NT$333 Mil. Thai Kin Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,666 Mil. Therefore, Thai Kin Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 20.02%.
The historical rank and industry rank for Thai Kin Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6629'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.27 Med: 20.96 Max: 31.56
Current: 15.39
During the past 10 years, Thai Kin Co's highest Return-on-Tangible-Equity was 31.56%. The lowest was 4.27%. And the median was 20.96%.
ROCO:6629's Return-on-Tangible-Equity is ranked better than 79.81% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs ROCO:6629: 15.39
Thai Kin Co (ROCO:6629) 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.
Thai Kin Co Return-on-Tangible-Equity Related Terms
Thai Kin Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Thai Kin Co'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:6629 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Thai Kin 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.
Thai Kin Co Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Thai Kin Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thai Kin 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 20.02% mean?
Thai Kin Co (ROCO:6629) has a Return-on-Tangible-Equity of 20.02% 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 Thai Kin Co and its competitors. This is near median its historical median of 20.96. Over the past decade, Thai Kin Co's Return-on-Tangible-Equity has ranged from 4.27 to 31.56. According to the industry distribution chart, Thai Kin Co ranks #85 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 20.2%.
Is Thai Kin Co's Return-on-Tangible-Equity too high?
Thai Kin Co's current Return-on-Tangible-Equity of 20.02% is near median its 10-year median of 20.96. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 31.56. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Thai Kin Co's value of 20.02% is 294.1% above this industry median. Based on the distribution chart, Thai Kin Co ranks #85 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Kin Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Thai Kin Co ranks #85 out of 421 companies for Return-on-Tangible-Equity. This places Thai Kin Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. Thai Kin Co's value of 20.02% is 294.1% above this benchmark. Historically, Thai Kin Co's own Return-on-Tangible-Equity has ranged from 4.27 to 31.56 over the past decade. While the company's 10-year median is 20.96 vs. the industry median of 5.08, Thai Kin 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 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. Thai Kin Co's current Return-on-Tangible-Equity of 20.02% is 294.1% 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 Thai Kin Co 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. Thai Kin Co's current Return-on-Tangible-Equity is 20.02%, which is near median its own 10-year median of 20.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Fairly Valued. The stock's GF Value™ is NT$107.85, compared to a current price of NT$105.00 — trading 2.6% below its estimated fair value. The current Return-on-Tangible-Equity is 20.02%, which is near median its 10-year median of 20.96 and 294.1% above the Furnishings, Fixtures & Appliances industry median of 5.08. Thai Kin Co's overall GF Score™ is 92/100 with 3 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 Thai Kin Co (ROCO:6629), the current Return-on-Tangible-Equity is 20.02% 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 Thai Kin Co (ROCO:6629) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Kin Co stock appears to be undervalued.
The current stock price of NT$105.00 is trading 2.6% below its estimated GF Value™ of NT$107.85.
GuruFocus considers Thai Kin Co to be Fairly Valued.
Key valuation signals for ROCO:6629:
Return-on-Tangible-Equity: 20.02% (near median its 10-year median of 20.96)
GF Value™: NT$107.85 vs. price of NT$105.00 (2.6% below fair value)
Industry Position: 294.1% above the Furnishings, Fixtures & Appliances median (#85 of 421)
No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
92GF Score
Get the complete analysis for ROCO:6629
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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