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JG Environmental Technology CoROCO:6723 +0.15%84 Return-on-Tangible-Equity is 9.07% as of Jun. 2026, which is 7% below its 10-year median of 9.75. GuruFocus rates ROCO:6723 with a GF Score™ of 84/100 and a GF Value™ of NT$28.76 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,990 Industrial Products companies, JG Environmental Technology Co ranks better than 74.08% 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. JG Environmental Technology Co's annualized net income for the quarter that ended in Jun. 2026 was NT$48.0 Mil. JG Environmental Technology Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$529.9 Mil. Therefore, JG Environmental Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 9.07%.
The historical rank and industry rank for JG Environmental Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6723'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.13 Med: 9.75 Max: 25.03
Current: 14.29
During the past 11 years, JG Environmental Technology Co's highest Return-on-Tangible-Equity was 25.03%. The lowest was -2.13%. And the median was 9.75%.
ROCO:6723's Return-on-Tangible-Equity is ranked better than 74.08% of 2990
companies
in the Industrial Products industry
Industry Median: 7.01
vs ROCO:6723: 14.29
JG Environmental Technology Co (ROCO:6723) 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.
JG Environmental Technology Co Return-on-Tangible-Equity Related Terms
JG Environmental Technology Co Return-on-Tangible-Equity Historical Data
* 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.
JG Environmental Technology Co Return-on-Tangible-Equity Chart
ROCO:6723 vs VLTO, ZWS, CECO: Return-on-Tangible-Equity Comparison
For the Pollution & Treatment Controls subindustry, JG Environmental Technology 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.
JG Environmental Technology Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JG Environmental Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JG Environmental Technology 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 two times the semi-annual (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.07% mean?
JG Environmental Technology Co (ROCO:6723) has a Return-on-Tangible-Equity of 9.07% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on JG Environmental Technology Co and its competitors. This is near median its historical median of 9.75. According to the industry distribution chart, JG Environmental Technology Co ranks #775 out of 2990 companies in the Industrial Products industry, placing it in the top 25.9%.
Is JG Environmental Technology Co's Return-on-Tangible-Equity too high?
JG Environmental Technology Co's current Return-on-Tangible-Equity of 9.07% is near median its 10-year median of 9.75. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. JG Environmental Technology Co's value of 9.07% is 29.4% above this industry median. Based on the distribution chart, JG Environmental Technology Co ranks #775 out of 2990 companies in the Industrial Products industry, which is above the industry midpoint. Overall, JG Environmental Technology Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JG Environmental Technology Co's Return-on-Tangible-Equity compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, JG Environmental Technology Co ranks #775 out of 2990 companies for Return-on-Tangible-Equity. This puts JG Environmental Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.01. JG Environmental Technology Co's value of 9.07% is 29.4% above this benchmark. While the company's 10-year median is 9.75 vs. the industry median of 7.01, JG Environmental Technology 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.01, based on 2,990 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. JG Environmental Technology Co's current Return-on-Tangible-Equity of 9.07% is 29.4% 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 JG Environmental Technology Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JG Environmental Technology Co's current Return-on-Tangible-Equity is 9.07%, which is near median its own 10-year median of 9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JG Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, JG Environmental Technology Co (ROCO:6723) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.76, compared to a current price of NT$34.45 — trading 19.8% above its estimated fair value. The current Return-on-Tangible-Equity is 9.07%, which is near median its 10-year median of 9.75 and 29.4% above the Industrial Products industry median of 7.01. JG Environmental Technology Co's overall GF Score™ is 84/100 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 JG Environmental Technology Co (ROCO:6723), the current Return-on-Tangible-Equity is 9.07% as of Jun. 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 JG Environmental Technology Co (ROCO:6723) Overvalued in 2026?
Based on GuruFocus' analysis, JG Environmental Technology Co stock appears to be overvalued.
The current stock price of NT$34.45 is trading 19.8% above its estimated GF Value™ of NT$28.76.
GuruFocus considers JG Environmental Technology Co to be Modestly Overvalued.
Key valuation signals for ROCO:6723:
Return-on-Tangible-Equity: 9.07% (near median its 10-year median of 9.75)
GF Value™: NT$28.76 vs. price of NT$34.45 (19.8% above fair value)
Industry Position: 29.4% above the Industrial Products median (#775 of 2990)
No single metric tells the full story. See the ROCO:6723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JG Environmental Technology Co is engaged in designing, manufacturing and installation of air pollution and energy recovery equipment and systems. The company's products include ESCO environmental protection system and equipment, Gaseous pollutant purification and deodorization equipment, Acid gas and particle removal equipment, and VOCs exhaust gas treatment system among others.
84GF Score
Get the complete analysis for ROCO:6723
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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