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Bellwether ElectronicROCO:7861 +2.01%22 Return-on-Tangible-Equity is 76.31% as of Dec. 2025, which is 130% above its 10-year median of 33.17. GuruFocus rates ROCO:7861 with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 2,383 Hardware companies, Bellwether Electronic ranks better than 96.14% 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. Bellwether Electronic's annualized net income for the quarter that ended in Dec. 2025 was NT$1,538 Mil. Bellwether Electronic's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,016 Mil. Therefore, Bellwether Electronic's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 76.31%.
The historical rank and industry rank for Bellwether Electronic's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:7861'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 27.83 Med: 33.17 Max: 63.53
Current: 63.53
During the past 3 years, Bellwether Electronic's highest Return-on-Tangible-Equity was 63.53%. The lowest was 27.83%. And the median was 33.17%.
ROCO:7861's Return-on-Tangible-Equity is ranked better than 96.14% of 2383
companies
in the Hardware industry
Industry Median: 6.05
vs ROCO:7861: 63.53
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.
Bellwether Electronic Return-on-Tangible-Equity Related Terms
Bellwether Electronic Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bellwether Electronic'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:7861 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Bellwether Electronic'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.
Bellwether Electronic Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Bellwether Electronic's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bellwether Electronic'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 76.31% mean?
Bellwether Electronic (ROCO:7861) has a Return-on-Tangible-Equity of 76.31% 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 Bellwether Electronic and its competitors. This is 130% above median its historical median of 33.17. Over the past decade, Bellwether Electronic's Return-on-Tangible-Equity has ranged from 27.83 to 63.53. According to the industry distribution chart, Bellwether Electronic ranks #92 out of 2383 companies in the Hardware industry, placing it in the top 3.9%.
Is Bellwether Electronic's Return-on-Tangible-Equity too high?
Bellwether Electronic's current Return-on-Tangible-Equity of 76.31% is 130% above median its 10-year median of 33.17. Over the past 10 years, this metric has ranged from a low of 27.83 to a high of 63.53. The Hardware industry median Return-on-Tangible-Equity is 6.05. Bellwether Electronic's value of 76.31% is 1161.3% above this industry median. Based on the distribution chart, Bellwether Electronic ranks #92 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Bellwether Electronic has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Bellwether Electronic's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Bellwether Electronic ranks #92 out of 2383 companies for Return-on-Tangible-Equity. This places Bellwether Electronic in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.05. Bellwether Electronic's value of 76.31% is 1161.3% above this benchmark. Historically, Bellwether Electronic's own Return-on-Tangible-Equity has ranged from 27.83 to 63.53 over the past decade. While the company's 10-year median is 33.17 vs. the industry median of 6.05, Bellwether Electronic 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 6.05, based on 2,383 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. Bellwether Electronic's current Return-on-Tangible-Equity of 76.31% is 1161.3% 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 Bellwether Electronic and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellwether Electronic's current Return-on-Tangible-Equity is 76.31%, which is 130% above median its own 10-year median of 33.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellwether Electronic stock overvalued right now?
Bellwether Electronic (ROCO:7861) has a current Return-on-Tangible-Equity of 76.31%. The current Return-on-Tangible-Equity is 76.31%, which is 130% above median its 10-year median of 33.17 and 1161.3% above the Hardware industry median of 6.05. Bellwether Electronic's overall GF Score™ is 22/100 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 Bellwether Electronic (ROCO:7861), the current Return-on-Tangible-Equity is 76.31% 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.
Bellwether Electronic Corp specializes in the design, production, and after-sales service of high-quality connectors, cables, pogo pins, flexible printed circuit assemblies (FPCA), and metal injection molding (MIM) components. The company's core products include a wide range of electronic components and peripheral solutions, such as Open Compute Project connectors, POGO pin connectors, CrystalBand metal injection molding parts, FPC cables and wires, and SlimChroma solutions.
22GF Score
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