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Opnet Technologies CoROCO:8034 -3.53%88 Return-on-Tangible-Equity is 10.55% as of Dec. 2025, which is 1% below its 10-year median of 10.64. GuruFocus rates ROCO:8034 with a GF Score™ of 88/100 and a GF Value™ of NT$21.31 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,385 Hardware companies, Opnet Technologies Co ranks better than 71.24% 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. Opnet Technologies Co's annualized net income for the quarter that ended in Dec. 2025 was NT$74.9 Mil. Opnet Technologies Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$710.0 Mil. Therefore, Opnet Technologies Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 10.55%.
The historical rank and industry rank for Opnet Technologies Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:8034'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.6 Med: 10.64 Max: 21.16
Current: 11.62
During the past 13 years, Opnet Technologies Co's highest Return-on-Tangible-Equity was 21.16%. The lowest was -3.60%. And the median was 10.64%.
ROCO:8034's Return-on-Tangible-Equity is ranked better than 71.24% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs ROCO:8034: 11.62
Opnet Technologies Co (ROCO:8034) 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.
Opnet Technologies Co Return-on-Tangible-Equity Related Terms
Opnet Technologies Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Opnet Technologies 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.
Opnet Technologies Co Return-on-Tangible-Equity Chart
ROCO:8034 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Opnet Technologies 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.
Opnet Technologies Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Opnet Technologies Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Opnet Technologies 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 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 10.55% mean?
Opnet Technologies Co (ROCO:8034) has a Return-on-Tangible-Equity of 10.55% 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 Opnet Technologies Co and its competitors. This is near median its historical median of 10.64. According to the industry distribution chart, Opnet Technologies Co ranks #686 out of 2385 companies in the Hardware industry, placing it in the top 28.8%.
Is Opnet Technologies Co's Return-on-Tangible-Equity too high?
Opnet Technologies Co's current Return-on-Tangible-Equity of 10.55% is near median its 10-year median of 10.64. The Hardware industry median Return-on-Tangible-Equity is 5.32. Opnet Technologies Co's value of 10.55% is 98.3% above this industry median. Based on the distribution chart, Opnet Technologies Co ranks #686 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Opnet Technologies Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Opnet Technologies Co's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Opnet Technologies Co ranks #686 out of 2385 companies for Return-on-Tangible-Equity. This puts Opnet Technologies Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Opnet Technologies Co's value of 10.55% is 98.3% above this benchmark. While the company's 10-year median is 10.64 vs. the industry median of 5.32, Opnet Technologies 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. Opnet Technologies Co's current Return-on-Tangible-Equity of 10.55% is 98.3% 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 Opnet Technologies Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opnet Technologies Co's current Return-on-Tangible-Equity is 10.55%, which is near median its own 10-year median of 10.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opnet Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Opnet Technologies Co (ROCO:8034) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$21.31, compared to a current price of NT$19.15 — trading 10.1% below its estimated fair value. The current Return-on-Tangible-Equity is 10.55%, which is near median its 10-year median of 10.64 and 98.3% above the Hardware industry median of 5.32. Opnet Technologies Co's overall GF Score™ is 88/100 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 Opnet Technologies Co (ROCO:8034), the current Return-on-Tangible-Equity is 10.55% 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 Opnet Technologies Co (ROCO:8034) Overvalued in 2026?
Based on GuruFocus' analysis, Opnet Technologies Co stock appears to be undervalued.
The current stock price of NT$19.15 is trading 10.1% below its estimated GF Value™ of NT$21.31.
GuruFocus considers Opnet Technologies Co to be Modestly Undervalued.
Key valuation signals for ROCO:8034:
Return-on-Tangible-Equity: 10.55% (near median its 10-year median of 10.64)
GF Value™: NT$21.31 vs. price of NT$19.15 (10.1% below fair value)
Industry Position: 98.3% above the Hardware median (#686 of 2385)
No single metric tells the full story. See the ROCO:8034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Opnet Technologies Co Ltd is engaged in the research, development, production, manufacturing, and sale of optical fiber broadband user access network systems, synchronous and asynchronous digital transmission multiplexers, digital subscriber loop systems, broadband modems, routers and access systems, broadband wireless communication equipment, digital data and voice integrated access equipment, and optical fiber communication systems. It operates through two reportable segments: Access Network and Broadband Equipment, which generate maximum revenue and produce line equipment for user terminals and telecom operators, connecting user terminal equipment to telecom operator switches or other network equipment, and the Transmission Equipment segment. It generates maximum revenue from Taiwan.
88GF Score
Get the complete analysis for ROCO:8034
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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