Taiwan Bio Therapeutics (ROCO:6892) Return-on-Tangible-Equity: 0.00% (As of Dec. 2025)

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ROCO:6892 Taiwan Bio Therapeutics Inc ROCO:6892
22 GF Score
Price NT$25.95
GF Value NT$14.62
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Taiwan Bio Therapeutics Return-on-Tangible-Equity?

Taiwan Bio Therapeutics ROCO:6892 -3.71% 22 Return-on-Tangible-Equity is 0.00% as of Dec. 2025. GuruFocus rates ROCO:6892 with a GF Score™ of 22/100 and a GF Value™ of NT$14.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,200 Biotechnology companies, Taiwan Bio Therapeutics ranks worse than 55.33% 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. Taiwan Bio Therapeutics's annualized net income for the quarter that ended in Dec. 2025 was NT$0.0 Mil. Taiwan Bio Therapeutics's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$578.8 Mil. Therefore, Taiwan Bio Therapeutics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.00%.

The historical rank and industry rank for Taiwan Bio Therapeutics's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:6892' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -84.31   Med: -56.18   Max: -40.58
Current: -52.24

During the past 7 years, Taiwan Bio Therapeutics's highest Return-on-Tangible-Equity was -40.58%. The lowest was -84.31%. And the median was -56.18%.

ROCO:6892's Return-on-Tangible-Equity is ranked worse than
55.33% of 1200 companies
in the Biotechnology industry
Industry Median: -42.305 vs ROCO:6892: -52.24

Taiwan Bio Therapeutics  (ROCO:6892) 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.


Taiwan Bio Therapeutics Return-on-Tangible-Equity Related Terms


Taiwan Bio Therapeutics Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Taiwan Bio Therapeutics'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.

Taiwan Bio Therapeutics Return-on-Tangible-Equity Chart

Taiwan Bio Therapeutics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial -56.18 -48.55 -40.58 -45.14 -57.09

Taiwan Bio Therapeutics Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 -66.61 -42.71 -31.15 -52.49 0.00

ROCO:6892 vs VRTX, REGN, ALNY: Return-on-Tangible-Equity Comparison

For the Biotechnology subindustry, Taiwan Bio Therapeutics'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.


Taiwan Bio Therapeutics Return-on-Tangible-Equity vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Taiwan Bio Therapeutics's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Taiwan Bio Therapeutics's Return-on-Tangible-Equity falls into.


ROCO:6892
22GF Score
Taiwan Bio Therapeutics Inc ROCO:6892
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Bio Therapeutics Return-on-Tangible-Equity Calculation

Taiwan Bio Therapeutics'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 )
=-381.649/( (1009.417+327.545 )/ 2 )
=-381.649/668.481
=-57.09 %

Taiwan Bio Therapeutics'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: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=0/( (829.987+327.545)/ 2 )
=0/578.766
=0.00 %

* 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 0.00% mean?
Taiwan Bio Therapeutics (ROCO:6892) has a Return-on-Tangible-Equity of 0.00% 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 Taiwan Bio Therapeutics and its competitors. According to the industry distribution chart, Taiwan Bio Therapeutics ranks #664 out of 1200 companies in the Biotechnology industry, placing it in the top 55.3%.
Is Taiwan Bio Therapeutics' Return-on-Tangible-Equity too high?
Taiwan Bio Therapeutics' current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Taiwan Bio Therapeutics ranks #664 out of 1200 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Taiwan Bio Therapeutics has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Bio Therapeutics' Return-on-Tangible-Equity compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Taiwan Bio Therapeutics ranks #664 out of 1200 companies for Return-on-Tangible-Equity. This places Taiwan Bio Therapeutics in the lower half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Taiwan Bio Therapeutics and its competitors. Taiwan Bio Therapeutics's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Bio Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Bio Therapeutics (ROCO:6892) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.62, compared to a current price of NT$25.95 — trading 77.5% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Taiwan Bio Therapeutics' overall GF Score™ is 22/100 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 Taiwan Bio Therapeutics (ROCO:6892), the current Return-on-Tangible-Equity is 0.00% 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 Taiwan Bio Therapeutics (ROCO:6892) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Bio Therapeutics stock appears to be overvalued. The current stock price of NT$25.95 is trading 77.5% above its estimated GF Value™ of NT$14.62. GuruFocus considers Taiwan Bio Therapeutics to be Significantly Overvalued.

Key valuation signals for ROCO:6892:

  • Return-on-Tangible-Equity: 0.00%
  • GF Value™: NT$14.62 vs. price of NT$25.95 (77.5% above fair value)
  • GF Score™: 22/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Bio Therapeutics Business Description

Address Tiding Avenue, 5th Floor, No. 501, Section 2, Neihu District, Zhubei, TWN, 114744
Taiwan Bio Therapeutics Inc is a regenerative medicine company specializing in the development of new genetically modified cell drugs. It is providing commissioned development and manufacturing (CDMO/CMO) services and inspection, analysis and development services for cellular medical products.
22GF Score

Get the complete analysis for ROCO:6892

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

NT$25.95
Price
NT$14.62
GF Value