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New Smart Technology CoROCO:7825 +8.96%22 Return-on-Tangible-Equity is 16.96% as of Dec. 2025, which is 7% above its 10-year median of 15.86. GuruFocus rates ROCO:7825 with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 2,480 Software companies, New Smart Technology Co ranks better than 62.78% 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. New Smart Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$66.9 Mil. New Smart Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$394.7 Mil. Therefore, New Smart Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.96%.
The historical rank and industry rank for New Smart Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:7825'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.25 Med: 15.86 Max: 17.5
Current: 16.24
During the past 3 years, New Smart Technology Co's highest Return-on-Tangible-Equity was 17.50%. The lowest was 8.25%. And the median was 15.86%.
ROCO:7825's Return-on-Tangible-Equity is ranked better than 62.78% of 2480
companies
in the Software industry
Industry Median: 8.845
vs ROCO:7825: 16.24
New Smart Technology Co (ROCO:7825) 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.
New Smart Technology Co Return-on-Tangible-Equity Related Terms
New Smart Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for New Smart Technology 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.
New Smart Technology Co Return-on-Tangible-Equity Chart
New Smart Technology Co Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
8.25
17.50
15.86
New Smart Technology Co Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Return-on-Tangible-Equity
0.00
18.66
16.48
15.88
16.96
ROCO:7825 vs MSFT, ORCL, PLTR: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, New Smart Technology 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.
New Smart Technology Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, New Smart Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where New Smart Technology 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 16.96% mean?
New Smart Technology Co (ROCO:7825) has a Return-on-Tangible-Equity of 16.96% 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 New Smart Technology Co and its competitors. This is near median its historical median of 15.86. Over the past decade, New Smart Technology Co's Return-on-Tangible-Equity has ranged from 8.25 to 17.50. According to the industry distribution chart, New Smart Technology Co ranks #923 out of 2480 companies in the Software industry, placing it in the top 37.2%.
Is New Smart Technology Co's Return-on-Tangible-Equity too high?
New Smart Technology Co's current Return-on-Tangible-Equity of 16.96% is near median its 10-year median of 15.86. Over the past 10 years, this metric has ranged from a low of 8.25 to a high of 17.50. The Software industry median Return-on-Tangible-Equity is 8.85. New Smart Technology Co's value of 16.96% is 91.7% above this industry median. Based on the distribution chart, New Smart Technology Co ranks #923 out of 2480 companies in the Software industry, which is above the industry midpoint. Overall, New Smart Technology Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does New Smart Technology Co's Return-on-Tangible-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, New Smart Technology Co ranks #923 out of 2480 companies for Return-on-Tangible-Equity. This puts New Smart Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.85. New Smart Technology Co's value of 16.96% is 91.7% above this benchmark. Historically, New Smart Technology Co's own Return-on-Tangible-Equity has ranged from 8.25 to 17.50 over the past decade. While the company's 10-year median is 15.86 vs. the industry median of 8.85, New Smart Technology 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.85, based on 2,480 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. New Smart Technology Co's current Return-on-Tangible-Equity of 16.96% is 91.7% 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 New Smart Technology Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Smart Technology Co's current Return-on-Tangible-Equity is 16.96%, which is near median its own 10-year median of 15.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Smart Technology Co stock overvalued right now?
New Smart Technology Co (ROCO:7825) has a current Return-on-Tangible-Equity of 16.96%. The current Return-on-Tangible-Equity is 16.96%, which is near median its 10-year median of 15.86 and 91.7% above the Software industry median of 8.85. New Smart Technology Co's overall GF Score™ is 22/100 with 1 warning sign 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 New Smart Technology Co (ROCO:7825), the current Return-on-Tangible-Equity is 16.96% 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.
New Smart Technology Co Ltd focuses on researching and developing optical imaging technologies, encompassing optical products, automotive electronics, automation equipment, technical solutions, and consulting services. Its products include AI Algorithms, Image quality test system, Optical image detection system, AA optical active precision alignment system, and Smart Manufacturing System Software.
22GF Score
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