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Acon Optics CommunicationsROCO:6820 +1.88%64 Return-on-Tangible-Equity is 26.97% as of Jun. 2026, which is 320% above its 10-year median of 6.42. GuruFocus rates ROCO:6820 with a GF Score™ of 64/100 and a GF Value™ of NT$79.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,379 Hardware companies, Acon Optics Communications ranks better than 72.47% 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. Acon Optics Communications's annualized net income for the quarter that ended in Jun. 2026 was NT$108.3 Mil. Acon Optics Communications's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$401.4 Mil. Therefore, Acon Optics Communications's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 26.97%.
The historical rank and industry rank for Acon Optics Communications's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6820'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.75 Med: 6.42 Max: 24.15
Current: 13.57
During the past 9 years, Acon Optics Communications's highest Return-on-Tangible-Equity was 24.15%. The lowest was 1.75%. And the median was 6.42%.
ROCO:6820's Return-on-Tangible-Equity is ranked better than 72.47% of 2379
companies
in the Hardware industry
Industry Median: 6.37
vs ROCO:6820: 13.57
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.
Acon Optics Communications Return-on-Tangible-Equity Related Terms
Acon Optics Communications 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:6820 vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Acon Optics Communications'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.
Acon Optics Communications Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Acon Optics Communications's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Acon Optics Communications'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 26.97% mean?
Acon Optics Communications (ROCO:6820) has a Return-on-Tangible-Equity of 26.97% 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 Acon Optics Communications and its competitors. This is 320% above median its historical median of 6.42. Over the past decade, Acon Optics Communications' Return-on-Tangible-Equity has ranged from 1.75 to 24.15. According to the industry distribution chart, Acon Optics Communications ranks #655 out of 2379 companies in the Hardware industry, placing it in the top 27.5%.
Is Acon Optics Communications' Return-on-Tangible-Equity too high?
Acon Optics Communications' current Return-on-Tangible-Equity of 26.97% is 320% above median its 10-year median of 6.42. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 24.15. The Hardware industry median Return-on-Tangible-Equity is 6.37. Acon Optics Communications' value of 26.97% is 323.4% above this industry median. Based on the distribution chart, Acon Optics Communications ranks #655 out of 2379 companies in the Hardware industry, which is above the industry midpoint. Overall, Acon Optics Communications has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acon Optics Communications' Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Acon Optics Communications ranks #655 out of 2379 companies for Return-on-Tangible-Equity. This puts Acon Optics Communications in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.37. Acon Optics Communications' value of 26.97% is 323.4% above this benchmark. Historically, Acon Optics Communications' own Return-on-Tangible-Equity has ranged from 1.75 to 24.15 over the past decade. While the company's 10-year median is 6.42 vs. the industry median of 6.37, Acon Optics Communications 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 6.37, based on 2,379 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. Acon Optics Communications's current Return-on-Tangible-Equity of 26.97% is 323.4% 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 Acon Optics Communications and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acon Optics Communications's current Return-on-Tangible-Equity is 26.97%, which is 320% above median its own 10-year median of 6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acon Optics Communications stock overvalued right now?
Based on GuruFocus' analysis, Acon Optics Communications (ROCO:6820) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$79.74, compared to a current price of NT$326.00 — trading 308.8% above its estimated fair value. The current Return-on-Tangible-Equity is 26.97%, which is 320% above median its 10-year median of 6.42 and 323.4% above the Hardware industry median of 6.37. Acon Optics Communications' overall GF Score™ is 64/100 with 5 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 Acon Optics Communications (ROCO:6820), the current Return-on-Tangible-Equity is 26.97% 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 Acon Optics Communications (ROCO:6820) Overvalued in 2026?
Based on GuruFocus' analysis, Acon Optics Communications stock appears to be overvalued.
The current stock price of NT$326.00 is trading 308.8% above its estimated GF Value™ of NT$79.74.
GuruFocus considers Acon Optics Communications to be Significantly Overvalued.
Key valuation signals for ROCO:6820:
Return-on-Tangible-Equity: 26.97% (320% above median its 10-year median of 6.42)
GF Value™: NT$79.74 vs. price of NT$326.00 (308.8% above fair value)
Industry Position: 323.4% above the Hardware median (#655 of 2379)
No single metric tells the full story. See the ROCO:6820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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