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Spec ProductsROCO:7718 -2.09%48 Return-on-Tangible-Equity is 16.70% as of Dec. 2025, which is 8% below its 10-year median of 18.10. GuruFocus rates ROCO:7718 with a GF Score™ of 48/100. The stock has 3 warning signs investors should review. Among 2,969 Industrial Products companies, Spec Products ranks better than 68.07% 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. Spec Products's annualized net income for the quarter that ended in Dec. 2025 was NT$253 Mil. Spec Products's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,517 Mil. Therefore, Spec Products's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.70%.
The historical rank and industry rank for Spec Products's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:7718'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.67 Med: 18.1 Max: 33.28
Current: 11.4
During the past 6 years, Spec Products's highest Return-on-Tangible-Equity was 33.28%. The lowest was 7.67%. And the median was 18.10%.
ROCO:7718's Return-on-Tangible-Equity is ranked better than 68.07% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs ROCO:7718: 11.40
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.
Spec Products Return-on-Tangible-Equity Related Terms
Spec Products Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Spec Products'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:7718 vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Spec Products'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.
Spec Products Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spec Products's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Spec Products'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 16.70% mean?
Spec Products (ROCO:7718) has a Return-on-Tangible-Equity of 16.70% 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 Spec Products and its competitors. This is near median its historical median of 18.10. Over the past decade, Spec Products' Return-on-Tangible-Equity has ranged from 7.67 to 33.28. According to the industry distribution chart, Spec Products ranks #948 out of 2969 companies in the Industrial Products industry, placing it in the top 31.9%.
Is Spec Products' Return-on-Tangible-Equity too high?
Spec Products' current Return-on-Tangible-Equity of 16.70% is near median its 10-year median of 18.10. Over the past 10 years, this metric has ranged from a low of 7.67 to a high of 33.28. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Spec Products' value of 16.70% is 147% above this industry median. Based on the distribution chart, Spec Products ranks #948 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Spec Products has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Spec Products' Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Spec Products ranks #948 out of 2969 companies for Return-on-Tangible-Equity. This puts Spec Products in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Spec Products' value of 16.70% is 147% above this benchmark. Historically, Spec Products' own Return-on-Tangible-Equity has ranged from 7.67 to 33.28 over the past decade. While the company's 10-year median is 18.10 vs. the industry median of 6.76, Spec Products 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,969 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. Spec Products's current Return-on-Tangible-Equity of 16.70% is 147% 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 Spec Products and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spec Products's current Return-on-Tangible-Equity is 16.70%, which is near median its own 10-year median of 18.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spec Products stock overvalued right now?
Spec Products (ROCO:7718) has a current Return-on-Tangible-Equity of 16.70%. The current Return-on-Tangible-Equity is 16.70%, which is near median its 10-year median of 18.10 and 147% above the Industrial Products industry median of 6.76. Spec Products' overall GF Score™ is 48/100 with 3 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 Spec Products (ROCO:7718), the current Return-on-Tangible-Equity is 16.70% 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.
Spec Products Corp is engaged in the manufacture of screws and nuts, wholesale of metalware, and international trade. Its product patents includes Nordic Bolt & Nut (Wedge Locking Fastener), Spec Locking Washer, Aluminum H.T Processes and some assembly devices, etc.
48GF Score
Get the complete analysis for ROCO:7718
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