Asia Metal Industries (ROCO:6727) Return-on-Tangible-Equity: 21.13% (As of Dec. 2025) — 53% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6727 Asia Metal Industries Inc ROCO:6727
66 GF Score
Price NT$372.50
GF Value NT$79.55
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asia Metal Industries Return-on-Tangible-Equity?

Asia Metal Industries ROCO:6727 -0.67% 66 Return-on-Tangible-Equity is 21.13% as of Dec. 2025, which is 53% above its 10-year median of 13.83. GuruFocus rates ROCO:6727 with a GF Score™ of 66/100 and a GF Value™ of NT$79.55 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,972 Industrial Products companies, Asia Metal Industries ranks better than 74.93% 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. Asia Metal Industries's annualized net income for the quarter that ended in Dec. 2025 was NT$287 Mil. Asia Metal Industries's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,356 Mil. Therefore, Asia Metal Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 21.13%.

The historical rank and industry rank for Asia Metal Industries's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:6727' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.08   Med: 13.83   Max: 24.61
Current: 13.86

During the past 10 years, Asia Metal Industries's highest Return-on-Tangible-Equity was 24.61%. The lowest was 9.08%. And the median was 13.83%.

ROCO:6727's Return-on-Tangible-Equity is ranked better than
74.93% of 2972 companies
in the Industrial Products industry
Industry Median: 6.78 vs ROCO:6727: 13.86

Asia Metal Industries  (ROCO:6727) 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.


Asia Metal Industries Return-on-Tangible-Equity Related Terms


Asia Metal Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Asia Metal Industries'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.

Asia Metal Industries Return-on-Tangible-Equity Chart

Asia Metal Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.78 22.69 10.61 12.58 13.59

Asia Metal Industries Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.36 10.22 7.63 16.48 21.13

ROCO:6727 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Asia Metal Industries'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.


Asia Metal Industries Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Metal Industries's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Asia Metal Industries's Return-on-Tangible-Equity falls into.


ROCO:6727
66GF Score
Asia Metal Industries Inc ROCO:6727
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Metal Industries Return-on-Tangible-Equity Calculation

Asia Metal Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=182.892/( (1293.505+1397.831 )/ 2 )
=182.892/1345.668
=13.59 %

Asia Metal Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=286.628/( (1315.139+1397.831)/ 2 )
=286.628/1356.485
=21.13 %

* 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 21.13% mean?
Asia Metal Industries (ROCO:6727) has a Return-on-Tangible-Equity of 21.13% 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 Asia Metal Industries and its competitors. This is 53% above median its historical median of 13.83. Over the past decade, Asia Metal Industries' Return-on-Tangible-Equity has ranged from 9.08 to 24.61. According to the industry distribution chart, Asia Metal Industries ranks #745 out of 2972 companies in the Industrial Products industry, placing it in the top 25.1%.
Is Asia Metal Industries' Return-on-Tangible-Equity too high?
Asia Metal Industries' current Return-on-Tangible-Equity of 21.13% is 53% above median its 10-year median of 13.83. Over the past 10 years, this metric has ranged from a low of 9.08 to a high of 24.61. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Asia Metal Industries' value of 21.13% is 211.7% above this industry median. Based on the distribution chart, Asia Metal Industries ranks #745 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Asia Metal Industries has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Metal Industries' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Asia Metal Industries ranks #745 out of 2972 companies for Return-on-Tangible-Equity. This puts Asia Metal Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Asia Metal Industries' value of 21.13% is 211.7% above this benchmark. Historically, Asia Metal Industries' own Return-on-Tangible-Equity has ranged from 9.08 to 24.61 over the past decade. While the company's 10-year median is 13.83 vs. the industry median of 6.78, Asia Metal Industries 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 6.78, based on 2,972 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. Asia Metal Industries's current Return-on-Tangible-Equity of 21.13% is 211.7% 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 Asia Metal Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Metal Industries's current Return-on-Tangible-Equity is 21.13%, which is 53% above median its own 10-year median of 13.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Metal Industries stock overvalued right now?
Based on GuruFocus' analysis, Asia Metal Industries (ROCO:6727) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$79.55, compared to a current price of NT$372.50 — trading 368.3% above its estimated fair value. The current Return-on-Tangible-Equity is 21.13%, which is 53% above median its 10-year median of 13.83 and 211.7% above the Industrial Products industry median of 6.78. Asia Metal Industries' overall GF Score™ is 66/100 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 Asia Metal Industries (ROCO:6727), the current Return-on-Tangible-Equity is 21.13% 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 Asia Metal Industries (ROCO:6727) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Metal Industries stock appears to be overvalued. The current stock price of NT$372.50 is trading 368.3% above its estimated GF Value™ of NT$79.55. GuruFocus considers Asia Metal Industries to be Significantly Overvalued.

Key valuation signals for ROCO:6727:

  • Return-on-Tangible-Equity: 21.13% (53% above median its 10-year median of 13.83)
  • GF Value™: NT$79.55 vs. price of NT$372.50 (368.3% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 211.7% above the Industrial Products median (#745 of 2972)

No single metric tells the full story. See the ROCO:6727 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Metal Industries Business Description

Address Minfu Road, Yangmei District, Number 16, Lane 199, Sec. 2, Taoyuan, TWN, 32663
Asia Metal Industries Inc is a Taiwan-based company. Its main business is the design, manufacture, processing and trading of various metal machinery and parts; design, manufacturing, processing and trading of various molds; various tanks and related pipeline projects; design, manufacture, processing, maintenance and trading of automated machinery and equipment and parts; the design, manufacture, processing and trading of precision testing instruments and parts, as well as the import and export trading of the preceding products.
66GF Score

Get the complete analysis for ROCO:6727

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$372.50
Price
NT$79.55
GF Value