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Study King CoROCO:6780 68 Return-on-Tangible-Equity is 13.30% as of Dec. 2025, which is 36% above its 10-year median of 9.78. GuruFocus rates ROCO:6780 with a GF Score™ of 68/100 and a GF Value™ of NT$19.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,480 Software companies, Study King Co ranks better than 53.06% 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. Study King Co's annualized net income for the quarter that ended in Dec. 2025 was NT$29.6 Mil. Study King Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$222.6 Mil. Therefore, Study King Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.30%.
The historical rank and industry rank for Study King Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6780'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.04 Med: 9.78 Max: 23.99
Current: 10.55
During the past 8 years, Study King Co's highest Return-on-Tangible-Equity was 23.99%. The lowest was 0.04%. And the median was 9.78%.
ROCO:6780's Return-on-Tangible-Equity is ranked better than 53.06% of 2480
companies
in the Software industry
Industry Median: 8.845
vs ROCO:6780: 10.55
Study King Co (ROCO:6780) 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.
Study King Co Return-on-Tangible-Equity Related Terms
Study King Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Study King 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:6780 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Study King 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.
Study King Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Study King Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Study King 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 (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 13.30% mean?
Study King Co (ROCO:6780) has a Return-on-Tangible-Equity of 13.30% 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 Study King Co and its competitors. This is 36% above median its historical median of 9.78. Over the past decade, Study King Co's Return-on-Tangible-Equity has ranged from 0.04 to 23.99. According to the industry distribution chart, Study King Co ranks #1164 out of 2480 companies in the Software industry, placing it in the top 46.9%.
Is Study King Co's Return-on-Tangible-Equity too high?
Study King Co's current Return-on-Tangible-Equity of 13.30% is 36% above median its 10-year median of 9.78. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 23.99. The Software industry median Return-on-Tangible-Equity is 8.85. Study King Co's value of 13.30% is 50.4% above this industry median. Based on the distribution chart, Study King Co ranks #1164 out of 2480 companies in the Software industry, which is above the industry midpoint. Overall, Study King Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Study King Co's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Study King Co ranks #1164 out of 2480 companies for Return-on-Tangible-Equity. This puts Study King Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.85. Study King Co's value of 13.30% is 50.4% above this benchmark. Historically, Study King Co's own Return-on-Tangible-Equity has ranged from 0.04 to 23.99 over the past decade. While the company's 10-year median is 9.78 vs. the industry median of 8.85, Study King 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.85, based on 2,480 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. Study King Co's current Return-on-Tangible-Equity of 13.30% is 50.4% 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 Study King Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Study King Co's current Return-on-Tangible-Equity is 13.30%, which is 36% above median its own 10-year median of 9.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Study King Co stock overvalued right now?
Based on GuruFocus' analysis, Study King Co (ROCO:6780) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.14, compared to a current price of NT$40.00 — trading 109% above its estimated fair value. The current Return-on-Tangible-Equity is 13.30%, which is 36% above median its 10-year median of 9.78 and 50.4% above the Software industry median of 8.85. Study King Co's overall GF Score™ is 68/100 with 4 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 Study King Co (ROCO:6780), the current Return-on-Tangible-Equity is 13.30% 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 Study King Co (ROCO:6780) Overvalued in 2026?
Based on GuruFocus' analysis, Study King Co stock appears to be overvalued.
The current stock price of NT$40.00 is trading 109% above its estimated GF Value™ of NT$19.14.
GuruFocus considers Study King Co to be Significantly Overvalued.
Key valuation signals for ROCO:6780:
Return-on-Tangible-Equity: 13.30% (36% above median its 10-year median of 9.78)
GF Value™: NT$19.14 vs. price of NT$40.00 (109% above fair value)
Industry Position: 50.4% above the Software median (#1164 of 2480)
No single metric tells the full story. See the ROCO:6780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Study King Co Ltd is engaged in the digital learning business. It offers smart learning systems which provides teacher lecturing, intelligent puzzle solving, weaker guidance, learning record review, and other services.
68GF Score
Get the complete analysis for ROCO:6780
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