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Ruby TechROCO:8048 -4.91%81 Return-on-Tangible-Equity is 20.01% as of Dec. 2025, which is 35% above its 10-year median of 14.87. GuruFocus rates ROCO:8048 with a GF Score™ of 81/100 and a GF Value™ of NT$41.69 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,383 Hardware companies, Ruby Tech ranks better than 75.49% 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. Ruby Tech's annualized net income for the quarter that ended in Dec. 2025 was NT$229 Mil. Ruby Tech's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,145 Mil. Therefore, Ruby Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 20.01%.
The historical rank and industry rank for Ruby Tech's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:8048'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.62 Med: 14.87 Max: 21.66
Current: 13.52
During the past 13 years, Ruby Tech's highest Return-on-Tangible-Equity was 21.66%. The lowest was 11.62%. And the median was 14.87%.
ROCO:8048's Return-on-Tangible-Equity is ranked better than 75.49% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs ROCO:8048: 13.52
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.
Ruby Tech Return-on-Tangible-Equity Related Terms
Ruby Tech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ruby Tech'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:8048 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Ruby Tech'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.
Ruby Tech Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Ruby Tech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ruby Tech'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 20.01% mean?
Ruby Tech (ROCO:8048) has a Return-on-Tangible-Equity of 20.01% 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 Ruby Tech and its competitors. This is 35% above median its historical median of 14.87. Over the past decade, Ruby Tech's Return-on-Tangible-Equity has ranged from 11.62 to 21.66. According to the industry distribution chart, Ruby Tech ranks #584 out of 2383 companies in the Hardware industry, placing it in the top 24.5%.
Is Ruby Tech's Return-on-Tangible-Equity too high?
Ruby Tech's current Return-on-Tangible-Equity of 20.01% is 35% above median its 10-year median of 14.87. Over the past 10 years, this metric has ranged from a low of 11.62 to a high of 21.66. The Hardware industry median Return-on-Tangible-Equity is 5.34. Ruby Tech's value of 20.01% is 274.7% above this industry median. Based on the distribution chart, Ruby Tech ranks #584 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ruby Tech has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ruby Tech's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Ruby Tech ranks #584 out of 2383 companies for Return-on-Tangible-Equity. This places Ruby Tech in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.34. Ruby Tech's value of 20.01% is 274.7% above this benchmark. Historically, Ruby Tech's own Return-on-Tangible-Equity has ranged from 11.62 to 21.66 over the past decade. While the company's 10-year median is 14.87 vs. the industry median of 5.34, Ruby Tech 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 5.34, 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. Ruby Tech's current Return-on-Tangible-Equity of 20.01% is 274.7% 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 Ruby Tech and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ruby Tech's current Return-on-Tangible-Equity is 20.01%, which is 35% above median its own 10-year median of 14.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruby Tech stock overvalued right now?
Based on GuruFocus' analysis, Ruby Tech (ROCO:8048) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.69, compared to a current price of NT$56.20 — trading 34.8% above its estimated fair value. The current Return-on-Tangible-Equity is 20.01%, which is 35% above median its 10-year median of 14.87 and 274.7% above the Hardware industry median of 5.34. Ruby Tech's overall GF Score™ is 81/100 with 2 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 Ruby Tech (ROCO:8048), the current Return-on-Tangible-Equity is 20.01% 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 Ruby Tech (ROCO:8048) Overvalued in 2026?
Based on GuruFocus' analysis, Ruby Tech stock appears to be overvalued.
The current stock price of NT$56.20 is trading 34.8% above its estimated GF Value™ of NT$41.69.
GuruFocus considers Ruby Tech to be Significantly Overvalued.
Key valuation signals for ROCO:8048:
Return-on-Tangible-Equity: 20.01% (35% above median its 10-year median of 14.87)
GF Value™: NT$41.69 vs. price of NT$56.20 (34.8% above fair value)
Industry Position: 274.7% above the Hardware median (#584 of 2383)
No single metric tells the full story. See the ROCO:8048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ruby Tech Corp is engaged in the research, manufacturing, and trading of optical fiber network equipment for central offices and customer premises, network management switches, and outdoor wireless networking equipment. It is focused on OEM/ODM Business of Networking Products such as PoE Ethernet Switches, Industrial Switches, GEPON OLT/ONU, etc. The reportable segments of the company are: i) Computer and its peripheral equipment: Department 1, and ii) Computer and its peripheral equipment: Department 2. The majority of revenue is derived from Department 1.
81GF Score
Get the complete analysis for ROCO:8048
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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