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Advanced Wireless & AntennaROCO:6818 -2.40%76 Return-on-Tangible-Equity is 17.90% as of Dec. 2025, which is 279% above its 10-year median of 4.72. GuruFocus rates ROCO:6818 with a GF Score™ of 76/100 and a GF Value™ of NT$46.91 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,383 Hardware companies, Advanced Wireless & Antenna ranks better than 71.25% 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. Advanced Wireless & Antenna's annualized net income for the quarter that ended in Dec. 2025 was NT$69 Mil. Advanced Wireless & Antenna's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$384 Mil. Therefore, Advanced Wireless & Antenna's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 17.90%.
The historical rank and industry rank for Advanced Wireless & Antenna's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6818'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.63 Med: 4.72 Max: 29.68
Current: 11.79
During the past 7 years, Advanced Wireless & Antenna's highest Return-on-Tangible-Equity was 29.68%. The lowest was -17.63%. And the median was 4.72%.
ROCO:6818's Return-on-Tangible-Equity is ranked better than 71.25% of 2383
companies
in the Hardware industry
Industry Median: 5.32
vs ROCO:6818: 11.79
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.
Advanced Wireless & Antenna Return-on-Tangible-Equity Related Terms
Advanced Wireless & Antenna 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.
ROCO:6818 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Advanced Wireless & Antenna'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.
Advanced Wireless & Antenna Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Advanced Wireless & Antenna's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Advanced Wireless & Antenna'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 17.90% mean?
Advanced Wireless & Antenna (ROCO:6818) has a Return-on-Tangible-Equity of 17.90% 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 Advanced Wireless & Antenna and its competitors. This is 279% above median its historical median of 4.72. According to the industry distribution chart, Advanced Wireless & Antenna ranks #685 out of 2383 companies in the Hardware industry, placing it in the top 28.7%.
Is Advanced Wireless & Antenna's Return-on-Tangible-Equity too high?
Advanced Wireless & Antenna's current Return-on-Tangible-Equity of 17.90% is 279% above median its 10-year median of 4.72. The Hardware industry median Return-on-Tangible-Equity is 5.32. Advanced Wireless & Antenna's value of 17.90% is 236.5% above this industry median. Based on the distribution chart, Advanced Wireless & Antenna ranks #685 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Advanced Wireless & Antenna has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advanced Wireless & Antenna's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Advanced Wireless & Antenna ranks #685 out of 2383 companies for Return-on-Tangible-Equity. This puts Advanced Wireless & Antenna in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Advanced Wireless & Antenna's value of 17.90% is 236.5% above this benchmark. While the company's 10-year median is 4.72 vs. the industry median of 5.32, Advanced Wireless & Antenna 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,383 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. Advanced Wireless & Antenna's current Return-on-Tangible-Equity of 17.90% is 236.5% 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 Advanced Wireless & Antenna and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Wireless & Antenna's current Return-on-Tangible-Equity is 17.90%, which is 279% above median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Wireless & Antenna stock overvalued right now?
Based on GuruFocus' analysis, Advanced Wireless & Antenna (ROCO:6818) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.91, compared to a current price of NT$42.70 — trading 9% below its estimated fair value. The current Return-on-Tangible-Equity is 17.90%, which is 279% above median its 10-year median of 4.72 and 236.5% above the Hardware industry median of 5.32. Advanced Wireless & Antenna's overall GF Score™ is 76/100 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 Advanced Wireless & Antenna (ROCO:6818), the current Return-on-Tangible-Equity is 17.90% 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 Advanced Wireless & Antenna (ROCO:6818) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Wireless & Antenna stock appears to be undervalued.
The current stock price of NT$42.70 is trading 9% below its estimated GF Value™ of NT$46.91.
GuruFocus considers Advanced Wireless & Antenna to be Fairly Valued.
Key valuation signals for ROCO:6818:
Return-on-Tangible-Equity: 17.90% (279% above median its 10-year median of 4.72)
GF Value™: NT$46.91 vs. price of NT$42.70 (9% below fair value)
Industry Position: 236.5% above the Hardware median (#685 of 2383)
No single metric tells the full story. See the ROCO:6818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Wireless & Antenna Inc is engaged in designing and manufacturing the electronic components for IT, digital home appliances, and portable devices. Its products include V2X, IOT, IT and Networking.
76GF Score
Get the complete analysis for ROCO:6818
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