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ROCO:6856'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.62 Med: 22.35 Max: 26.75
Current: 9.83
During the past 8 years, Shine Trend International Multimedia Tec's highest Return-on-Tangible-Equity was 26.75%. The lowest was 9.62%. And the median was 22.35%.
ROCO:6856's Return-on-Tangible-Equity is ranked better than 62.69% of 863
companies
in the Media - Diversified industry
Industry Median: 5.46
vs ROCO:6856: 9.83
Shine Trend International Multimedia Tec (ROCO:6856) 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.
Shine Trend International Multimedia Tec Return-on-Tangible-Equity Related Terms
Shine Trend International Multimedia Tec 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.
Shine Trend International Multimedia Tec Return-on-Tangible-Equity Chart
Shine Trend International Multimedia Tec Annual Data
ROCO:6856 vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, Shine Trend International Multimedia Tec'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.
Shine Trend International Multimedia Tec Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Shine Trend International Multimedia Tec's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shine Trend International Multimedia Tec'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 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 16.41% mean?
Shine Trend International Multimedia Tec (ROCO:6856) has a Return-on-Tangible-Equity of 16.41% 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 Shine Trend International Multimedia Tec and its competitors. This is 27% below median its historical median of 22.35. Over the past decade, Shine Trend International Multimedia Tec's Return-on-Tangible-Equity has ranged from 9.62 to 26.75. According to the industry distribution chart, Shine Trend International Multimedia Tec ranks #322 out of 863 companies in the Media - Diversified industry, placing it in the top 37.3%.
Is Shine Trend International Multimedia Tec's Return-on-Tangible-Equity too high?
Shine Trend International Multimedia Tec's current Return-on-Tangible-Equity of 16.41% is 27% below median its 10-year median of 22.35. Over the past 10 years, this metric has ranged from a low of 9.62 to a high of 26.75. The Media - Diversified industry median Return-on-Tangible-Equity is 5.46. Shine Trend International Multimedia Tec's value of 16.41% is 200.5% above this industry median. Based on the distribution chart, Shine Trend International Multimedia Tec ranks #322 out of 863 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Shine Trend International Multimedia Tec has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shine Trend International Multimedia Tec's Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Shine Trend International Multimedia Tec ranks #322 out of 863 companies for Return-on-Tangible-Equity. This puts Shine Trend International Multimedia Tec in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.46. Shine Trend International Multimedia Tec's value of 16.41% is 200.5% above this benchmark. Historically, Shine Trend International Multimedia Tec's own Return-on-Tangible-Equity has ranged from 9.62 to 26.75 over the past decade. While the company's 10-year median is 22.35 vs. the industry median of 5.46, Shine Trend International Multimedia Tec 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 863 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. Shine Trend International Multimedia Tec's current Return-on-Tangible-Equity of 16.41% is 200.5% 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 Shine Trend International Multimedia Tec and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Trend International Multimedia Tec's current Return-on-Tangible-Equity is 16.41%, which is 27% below median its own 10-year median of 22.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Trend International Multimedia Tec stock overvalued right now?
Based on GuruFocus' analysis, Shine Trend International Multimedia Tec (ROCO:6856) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$120.58, compared to a current price of NT$45.85 — trading 62% below its estimated fair value. The current Return-on-Tangible-Equity is 16.41%, which is 27% below median its 10-year median of 22.35 and 200.5% above the Media - Diversified industry median of 5.46. Shine Trend International Multimedia Tec's overall GF Score™ is 85/100 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 Shine Trend International Multimedia Tec (ROCO:6856), the current Return-on-Tangible-Equity is 16.41% 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 Shine Trend International Multimedia Tec (ROCO:6856) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Trend International Multimedia Tec stock appears to be undervalued.
The current stock price of NT$45.85 is trading 62% below its estimated GF Value™ of NT$120.58.
GuruFocus considers Shine Trend International Multimedia Tec to be Significantly Undervalued.
Key valuation signals for ROCO:6856:
Return-on-Tangible-Equity: 16.41% (27% below median its 10-year median of 22.35)
GF Value™: NT$120.58 vs. price of NT$45.85 (62% below fair value)
Industry Position: 200.5% above the Media - Diversified median (#322 of 863)
No single metric tells the full story. See the ROCO:6856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Trend International Multimedia Tec Business Description
Shine Trend International Multimedia Tec is involved in the entertainment business. The company is focused on the production of programs for television.
85GF Score
Get the complete analysis for ROCO:6856
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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