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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. Mars Semiconductor's annualized net income for the quarter that ended in Mar. 2026 was NT$-22.6 Mil. Mars Semiconductor's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$363.8 Mil. Therefore, Mars Semiconductor's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.22%.
The historical rank and industry rank for Mars Semiconductor's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6708'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.76 Med: 5.31 Max: 14.25
Current: -0.27
During the past 10 years, Mars Semiconductor's highest Return-on-Tangible-Equity was 14.25%. The lowest was -6.76%. And the median was 5.31%.
ROCO:6708's Return-on-Tangible-Equity is ranked worse than 69.14% of 2382
companies
in the Hardware industry
Industry Median: 5.38
vs ROCO:6708: -0.27
Mars Semiconductor (ROCO:6708) 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.
Mars Semiconductor Return-on-Tangible-Equity Related Terms
Mars Semiconductor Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mars Semiconductor'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.
Mars Semiconductor Return-on-Tangible-Equity Chart
ROCO:6708 vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Mars Semiconductor'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.
Mars Semiconductor Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Mars Semiconductor's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mars Semiconductor'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 -6.22% mean?
Mars Semiconductor (ROCO:6708) has a Return-on-Tangible-Equity of -6.22% 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 Mars Semiconductor and its competitors. According to the industry distribution chart, Mars Semiconductor ranks #1647 out of 2382 companies in the Hardware industry, placing it in the top 69.1%.
Is Mars Semiconductor's Return-on-Tangible-Equity too high?
Mars Semiconductor's current Return-on-Tangible-Equity is -6.22%. Based on the distribution chart, Mars Semiconductor ranks #1647 out of 2382 companies in the Hardware industry, which is below the industry midpoint. Overall, Mars Semiconductor has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mars Semiconductor's Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Mars Semiconductor ranks #1647 out of 2382 companies for Return-on-Tangible-Equity. This places Mars Semiconductor in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.38. 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 5.38, based on 2,382 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 Mars Semiconductor and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mars Semiconductor's current Return-on-Tangible-Equity is -6.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mars Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Mars Semiconductor (ROCO:6708) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$53.41, compared to a current price of NT$38.65 — trading 27.6% below its estimated fair value. The current Return-on-Tangible-Equity is -6.22%. Mars Semiconductor's overall GF Score™ is 82/100 with 2 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 Mars Semiconductor (ROCO:6708), the current Return-on-Tangible-Equity is -6.22% 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 Mars Semiconductor (ROCO:6708) Overvalued in 2026?
Based on GuruFocus' analysis, Mars Semiconductor stock appears to be undervalued.
The current stock price of NT$38.65 is trading 27.6% below its estimated GF Value™ of NT$53.41.
GuruFocus considers Mars Semiconductor to be Modestly Undervalued.
Key valuation signals for ROCO:6708:
Return-on-Tangible-Equity: -6.22%
GF Value™: NT$53.41 vs. price of NT$38.65 (27.6% below fair value)
No single metric tells the full story. See the ROCO:6708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mars Semiconductor Corp is a bandwidth wireless audio and video chip design company. It provides wireless cloud system service (SaaS) software and hardware integration services. The company's products include wireless home security, wireless cars, and wireless baby monitors.
82GF Score
Get the complete analysis for ROCO:6708
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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