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Ampire CoROCO:8049 -0.39%74 Return-on-Tangible-Equity is 9.18% as of Dec. 2025, which is 41% below its 10-year median of 15.58. GuruFocus rates ROCO:8049 with a GF Score™ of 74/100 and a GF Value™ of NT$23.41 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,383 Hardware companies, Ampire Co ranks better than 63.41% 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. Ampire Co's annualized net income for the quarter that ended in Dec. 2025 was NT$213 Mil. Ampire Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,323 Mil. Therefore, Ampire Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.18%.
The historical rank and industry rank for Ampire Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:8049'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.85 Med: 15.58 Max: 22.11
Current: 9.13
During the past 13 years, Ampire Co's highest Return-on-Tangible-Equity was 22.11%. The lowest was 8.85%. And the median was 15.58%.
ROCO:8049's Return-on-Tangible-Equity is ranked better than 63.41% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs ROCO:8049: 9.13
Ampire Co (ROCO:8049) 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.
Ampire Co Return-on-Tangible-Equity Related Terms
Ampire Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ampire 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.
ROCO:8049 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Ampire 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.
Ampire Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Ampire Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ampire 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 9.18% mean?
Ampire Co (ROCO:8049) has a Return-on-Tangible-Equity of 9.18% 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 Ampire Co and its competitors. This is 41% below median its historical median of 15.58. Over the past decade, Ampire Co's Return-on-Tangible-Equity has ranged from 8.85 to 22.11. According to the industry distribution chart, Ampire Co ranks #872 out of 2383 companies in the Hardware industry, placing it in the top 36.6%.
Is Ampire Co's Return-on-Tangible-Equity too high?
Ampire Co's current Return-on-Tangible-Equity of 9.18% is 41% below median its 10-year median of 15.58. Over the past 10 years, this metric has ranged from a low of 8.85 to a high of 22.11. The Hardware industry median Return-on-Tangible-Equity is 5.34. Ampire Co's value of 9.18% is 71.9% above this industry median. Based on the distribution chart, Ampire Co ranks #872 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Ampire Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ampire Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Ampire Co ranks #872 out of 2383 companies for Return-on-Tangible-Equity. This puts Ampire Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.34. Ampire Co's value of 9.18% is 71.9% above this benchmark. Historically, Ampire Co's own Return-on-Tangible-Equity has ranged from 8.85 to 22.11 over the past decade. While the company's 10-year median is 15.58 vs. the industry median of 5.34, Ampire 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 5.34, 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. Ampire Co's current Return-on-Tangible-Equity of 9.18% is 71.9% 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 Ampire Co 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. Ampire Co's current Return-on-Tangible-Equity is 9.18%, which is 41% below median its own 10-year median of 15.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ampire Co stock overvalued right now?
Based on GuruFocus' analysis, Ampire Co (ROCO:8049) is currently considered Fairly Valued. The stock's GF Value™ is NT$23.41, compared to a current price of NT$25.70 — trading 9.8% above its estimated fair value. The current Return-on-Tangible-Equity is 9.18%, which is 41% below median its 10-year median of 15.58 and 71.9% above the Hardware industry median of 5.34. Ampire Co's overall GF Score™ is 74/100 with 4 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 Ampire Co (ROCO:8049), the current Return-on-Tangible-Equity is 9.18% 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 Ampire Co (ROCO:8049) Overvalued in 2026?
Based on GuruFocus' analysis, Ampire Co stock appears to be overvalued.
The current stock price of NT$25.70 is trading 9.8% above its estimated GF Value™ of NT$23.41.
GuruFocus considers Ampire Co to be Fairly Valued.
Key valuation signals for ROCO:8049:
Return-on-Tangible-Equity: 9.18% (41% below median its 10-year median of 15.58)
GF Value™: NT$23.41 vs. price of NT$25.70 (9.8% above fair value)
Industry Position: 71.9% above the Hardware median (#872 of 2383)
No single metric tells the full story. See the ROCO:8049 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ampire Co Ltd is engaged in the manufacturing of data storage and processing equipment; manufacturing of electronic components; manufacturing of other electrical and electronic machinery and equipment; retailing of clerical machinery equipment; and retailing of other mechanical appliances such as LCD monitors, LCD modules, and touch screens. Ampire generates maximum revenue from the sale of TFT and Touch panels. It operates in a single industry, the manufacturing and sales of LCD modules. Geographically, the Group generates maximum revenue from Europe, and the rest from the Americas, Africa, Asia, Taiwan, and Oceania.
74GF Score
Get the complete analysis for ROCO:8049
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