Norbel Baby Co (ROCO:6844) Return-on-Tangible-Equity: 4.28% (As of Dec. 2025) — 68% Below Median

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ROCO:6844 Norbel Baby Co Ltd ROCO:6844
65 GF Score
Price NT$61.60
GF Value NT$129.88
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Norbel Baby Co Return-on-Tangible-Equity?

Norbel Baby Co ROCO:6844 -0.65% 65 Return-on-Tangible-Equity is 4.28% as of Dec. 2025, which is 68% below its 10-year median of 13.26. GuruFocus rates ROCO:6844 with a GF Score™ of 65/100 and a GF Value™ of NT$129.88 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,062 Retail - Cyclical companies, Norbel Baby Co ranks worse than 67.33% 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. Norbel Baby Co's annualized net income for the quarter that ended in Dec. 2025 was NT$136 Mil. Norbel Baby Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,176 Mil. Therefore, Norbel Baby Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.28%.

The historical rank and industry rank for Norbel Baby Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:6844' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.71   Med: 13.26   Max: 22.02
Current: 2.75

During the past 8 years, Norbel Baby Co's highest Return-on-Tangible-Equity was 22.02%. The lowest was 2.71%. And the median was 13.26%.

ROCO:6844's Return-on-Tangible-Equity is ranked worse than
67.33% of 1062 companies
in the Retail - Cyclical industry
Industry Median: 8.455 vs ROCO:6844: 2.75

Norbel Baby Co  (ROCO:6844) 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.


Norbel Baby Co Return-on-Tangible-Equity Related Terms


Norbel Baby Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Norbel Baby 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.

Norbel Baby Co Return-on-Tangible-Equity Chart

Norbel Baby Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 12.37 16.00 7.84 3.57 2.71

Norbel Baby Co Quarterly Data
Dec19 Dec20 Jun21 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 3.90 6.11 -1.09 1.66 4.28

ROCO:6844 vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison

For the Specialty Retail subindustry, Norbel Baby 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.


Norbel Baby Co Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Norbel Baby Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Norbel Baby Co's Return-on-Tangible-Equity falls into.


ROCO:6844
65GF Score
Norbel Baby Co Ltd ROCO:6844
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norbel Baby Co Return-on-Tangible-Equity Calculation

Norbel Baby Co'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 )
=87.849/( (3297.918+3191.008 )/ 2 )
=87.849/3244.463
=2.71 %

Norbel Baby Co'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 )
=135.8/( (3161.963+3191.008)/ 2 )
=135.8/3176.4855
=4.28 %

* 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 4.28% mean?
Norbel Baby Co (ROCO:6844) has a Return-on-Tangible-Equity of 4.28% 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 Norbel Baby Co and its competitors. This is 68% below median its historical median of 13.26. Over the past decade, Norbel Baby Co's Return-on-Tangible-Equity has ranged from 2.71 to 22.02. According to the industry distribution chart, Norbel Baby Co ranks #715 out of 1062 companies in the Retail - Cyclical industry, placing it in the top 67.3%.
Is Norbel Baby Co's Return-on-Tangible-Equity too high?
Norbel Baby Co's current Return-on-Tangible-Equity of 4.28% is 68% below median its 10-year median of 13.26. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 22.02. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. Norbel Baby Co's value of 4.28% is 49.4% below this industry median. Based on the distribution chart, Norbel Baby Co ranks #715 out of 1062 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Norbel Baby Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norbel Baby Co's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Norbel Baby Co ranks #715 out of 1062 companies for Return-on-Tangible-Equity. This places Norbel Baby Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.46. Norbel Baby Co's value of 4.28% is 49.4% below this benchmark. Historically, Norbel Baby Co's own Return-on-Tangible-Equity has ranged from 2.71 to 22.02 over the past decade. While the company's 10-year median is 13.26 vs. the industry median of 8.46, Norbel Baby Co has consistently been below 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,062 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. Norbel Baby Co's current Return-on-Tangible-Equity of 4.28% is 49.4% below 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 Norbel Baby Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbel Baby Co's current Return-on-Tangible-Equity is 4.28%, which is 68% below median its own 10-year median of 13.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbel Baby Co stock overvalued right now?
Based on GuruFocus' analysis, Norbel Baby Co (ROCO:6844) is currently considered Possible Value Trap. The stock's GF Value™ is NT$129.88, compared to a current price of NT$61.60 — trading 52.6% below its estimated fair value. The current Return-on-Tangible-Equity is 4.28%, which is 68% below median its 10-year median of 13.26 and 49.4% below the Retail - Cyclical industry median of 8.46. Norbel Baby Co's overall GF Score™ is 65/100 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 Norbel Baby Co (ROCO:6844), the current Return-on-Tangible-Equity is 4.28% 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 Norbel Baby Co (ROCO:6844) Overvalued in 2026?

Based on GuruFocus' analysis, Norbel Baby Co stock appears to be undervalued. The current stock price of NT$61.60 is trading 52.6% below its estimated GF Value™ of NT$129.88. GuruFocus considers Norbel Baby Co to be Possible Value Trap.

Key valuation signals for ROCO:6844:

  • Return-on-Tangible-Equity: 4.28% (68% below median its 10-year median of 13.26)
  • GF Value™: NT$129.88 vs. price of NT$61.60 (52.6% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 49.4% below the Retail - Cyclical median (#715 of 1062)

No single metric tells the full story. See the ROCO:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norbel Baby Co Business Description

Address 807 No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN
Norbel Baby Co Ltd mainly engages in the retail and wholesale of maternity and baby care products, medical supplies, dietary supplements, and cosmetics. The company provides pharmacy services needed to care for the health and growth of infants and young children.
65GF Score

Get the complete analysis for ROCO:6844

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

NT$61.60
Price
NT$129.88
GF Value