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IOVTEC CoROCO:7583 20 Return-on-Tangible-Equity is 18.92% as of Dec. 2025, which is 39% above its 10-year median of 13.57. GuruFocus rates ROCO:7583 with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 1,713 Construction companies, IOVTEC Co ranks better than 65.73% 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. IOVTEC Co's annualized net income for the quarter that ended in Dec. 2025 was NT$149 Mil. IOVTEC Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$790 Mil. Therefore, IOVTEC Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.92%.
The historical rank and industry rank for IOVTEC Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:7583'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.16 Med: 13.57 Max: 29.22
Current: 13.24
During the past 5 years, IOVTEC Co's highest Return-on-Tangible-Equity was 29.22%. The lowest was 8.16%. And the median was 13.57%.
ROCO:7583's Return-on-Tangible-Equity is ranked better than 65.73% of 1713
companies
in the Construction industry
Industry Median: 8.21
vs ROCO:7583: 13.24
IOVTEC Co (ROCO:7583) 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.
IOVTEC Co Return-on-Tangible-Equity Related Terms
IOVTEC Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IOVTEC 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.
ROCO:7583 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, IOVTEC 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.
IOVTEC Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, IOVTEC Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IOVTEC Co'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 18.92% mean?
IOVTEC Co (ROCO:7583) has a Return-on-Tangible-Equity of 18.92% 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 IOVTEC Co and its competitors. This is 39% above median its historical median of 13.57. Over the past decade, IOVTEC Co's Return-on-Tangible-Equity has ranged from 8.16 to 29.22. According to the industry distribution chart, IOVTEC Co ranks #587 out of 1713 companies in the Construction industry, placing it in the top 34.3%.
Is IOVTEC Co's Return-on-Tangible-Equity too high?
IOVTEC Co's current Return-on-Tangible-Equity of 18.92% is 39% above median its 10-year median of 13.57. Over the past 10 years, this metric has ranged from a low of 8.16 to a high of 29.22. The Construction industry median Return-on-Tangible-Equity is 8.21. IOVTEC Co's value of 18.92% is 130.5% above this industry median. Based on the distribution chart, IOVTEC Co ranks #587 out of 1713 companies in the Construction industry, which is above the industry midpoint. Overall, IOVTEC Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does IOVTEC Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, IOVTEC Co ranks #587 out of 1713 companies for Return-on-Tangible-Equity. This puts IOVTEC Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. IOVTEC Co's value of 18.92% is 130.5% above this benchmark. Historically, IOVTEC Co's own Return-on-Tangible-Equity has ranged from 8.16 to 29.22 over the past decade. While the company's 10-year median is 13.57 vs. the industry median of 8.21, IOVTEC Co 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,713 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. IOVTEC Co's current Return-on-Tangible-Equity of 18.92% is 130.5% 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 IOVTEC Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IOVTEC Co's current Return-on-Tangible-Equity is 18.92%, which is 39% above median its own 10-year median of 13.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOVTEC Co stock overvalued right now?
IOVTEC Co (ROCO:7583) has a current Return-on-Tangible-Equity of 18.92%. The current Return-on-Tangible-Equity is 18.92%, which is 39% above median its 10-year median of 13.57 and 130.5% above the Construction industry median of 8.21. IOVTEC Co's overall GF Score™ is 20/100 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 IOVTEC Co (ROCO:7583), the current Return-on-Tangible-Equity is 18.92% 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.
IOVTEC Co Ltd formerly International Ocean Vessel Technical Consuitant Co Ltd is a Taiwan based company operating offering integrated services across multiple sectors. It is a local survey company that steps into the offshore wind market in Taiwan to provide integrated offshore wind services for the country's landmark projects. The company provides the services in following areas such as Marine services and Land services. Marine services include Site Appraisal and Concept Design, Foundation Design and UXO Risk Mitigation. Land services include Track Twin, Vegetation Control and Site characterization.
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