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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. CastleNet Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$16 Mil. CastleNet Technology's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$-66 Mil. Therefore, CastleNet Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for CastleNet Technology's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:8059'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -79.06 Med: -4.76 Max: 1.7
Current: -79.06
During the past 13 years, CastleNet Technology's highest Return-on-Tangible-Equity was 1.70%. The lowest was -79.06%. And the median was -4.76%.
ROCO:8059's Return-on-Tangible-Equity is ranked worse than 95.72% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs ROCO:8059: -79.06
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.
CastleNet Technology Return-on-Tangible-Equity Related Terms
CastleNet Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CastleNet Technology'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:8059 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, CastleNet Technology'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.
CastleNet Technology Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, CastleNet Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CastleNet Technology'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 Negative Tangible Equity% mean?
CastleNet Technology (ROCO:8059) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 CastleNet Technology and its competitors. According to the industry distribution chart, CastleNet Technology ranks #2282 out of 2384 companies in the Hardware industry, placing it in the top 95.7%.
Is CastleNet Technology's Return-on-Tangible-Equity too high?
CastleNet Technology's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, CastleNet Technology ranks #2282 out of 2384 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CastleNet Technology has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CastleNet Technology's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, CastleNet Technology ranks #2282 out of 2384 companies for Return-on-Tangible-Equity. This places CastleNet Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.33. 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 5.33, based on 2,384 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. 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 CastleNet Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CastleNet Technology's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CastleNet Technology stock overvalued right now?
Based on GuruFocus' analysis, CastleNet Technology (ROCO:8059) is currently considered Possible Value Trap. The stock's GF Value™ is NT$366.66, compared to a current price of NT$15.90 — trading 95.7% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. CastleNet Technology's overall GF Score™ is 53/100 with 7 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 CastleNet Technology (ROCO:8059), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 CastleNet Technology (ROCO:8059) Overvalued in 2026?
Based on GuruFocus' analysis, CastleNet Technology stock appears to be undervalued.
The current stock price of NT$15.90 is trading 95.7% below its estimated GF Value™ of NT$366.66.
GuruFocus considers CastleNet Technology to be Possible Value Trap.
No single metric tells the full story. See the ROCO:8059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CastleNet Technology Inc is a manufacturer of network communication equipment in Taiwan. It is predominantly engaged in the manufacturing and selling of consumer electronics products such as broadband communications and digital home entertainment. It offers products like EMTA Gateway, Data Gateway, Data Modem, and WiFi Mesh System among others. Geographically, the company generates a majority of its revenue from America followed by Asia, Europe, and Oceania.
53GF Score
Get the complete analysis for ROCO:8059
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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