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PanRam InternationalROCO:8088 +9.91%73 Return-on-Tangible-Equity is 32.71% as of Dec. 2025, which is 229% above its 10-year median of 9.94. GuruFocus rates ROCO:8088 with a GF Score™ of 73/100 and a GF Value™ of NT$42.60 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,383 Hardware companies, PanRam International ranks better than 66.43% 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. PanRam International's annualized net income for the quarter that ended in Dec. 2025 was NT$345 Mil. PanRam International's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,053 Mil. Therefore, PanRam International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 32.71%.
The historical rank and industry rank for PanRam International's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:8088'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.92 Med: 9.94 Max: 19.76
Current: 10.1
During the past 13 years, PanRam International's highest Return-on-Tangible-Equity was 19.76%. The lowest was 0.92%. And the median was 9.94%.
ROCO:8088's Return-on-Tangible-Equity is ranked better than 66.43% of 2383
companies
in the Hardware industry
Industry Median: 5.39
vs ROCO:8088: 10.10
PanRam International (ROCO:8088) 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.
PanRam International Return-on-Tangible-Equity Related Terms
PanRam International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PanRam International'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.
PanRam International Return-on-Tangible-Equity Chart
ROCO:8088 vs DELL, ANET, SNDK: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, PanRam International'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.
PanRam International Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, PanRam International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PanRam International'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 32.71% mean?
PanRam International (ROCO:8088) has a Return-on-Tangible-Equity of 32.71% 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 PanRam International and its competitors. This is 229% above median its historical median of 9.94. Over the past decade, PanRam International's Return-on-Tangible-Equity has ranged from 0.92 to 19.76. According to the industry distribution chart, PanRam International ranks #800 out of 2383 companies in the Hardware industry, placing it in the top 33.6%.
Is PanRam International's Return-on-Tangible-Equity too high?
PanRam International's current Return-on-Tangible-Equity of 32.71% is 229% above median its 10-year median of 9.94. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 19.76. The Hardware industry median Return-on-Tangible-Equity is 5.39. PanRam International's value of 32.71% is 506.9% above this industry median. Based on the distribution chart, PanRam International ranks #800 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, PanRam International has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PanRam International's Return-on-Tangible-Equity compare to DELL and ANET?
According to the Hardware industry distribution chart, PanRam International ranks #800 out of 2383 companies for Return-on-Tangible-Equity. This puts PanRam International in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.39. PanRam International's value of 32.71% is 506.9% above this benchmark. Historically, PanRam International's own Return-on-Tangible-Equity has ranged from 0.92 to 19.76 over the past decade. While the company's 10-year median is 9.94 vs. the industry median of 5.39, PanRam International 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 5.39, 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. PanRam International's current Return-on-Tangible-Equity of 32.71% is 506.9% 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 PanRam International and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PanRam International's current Return-on-Tangible-Equity is 32.71%, which is 229% above median its own 10-year median of 9.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PanRam International stock overvalued right now?
Based on GuruFocus' analysis, PanRam International (ROCO:8088) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.60, compared to a current price of NT$43.80 — trading 2.8% above its estimated fair value. The current Return-on-Tangible-Equity is 32.71%, which is 229% above median its 10-year median of 9.94 and 506.9% above the Hardware industry median of 5.39. PanRam International's overall GF Score™ is 73/100 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 PanRam International (ROCO:8088), the current Return-on-Tangible-Equity is 32.71% 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 PanRam International (ROCO:8088) Overvalued in 2026?
Based on GuruFocus' analysis, PanRam International stock appears to be overvalued.
The current stock price of NT$43.80 is trading 2.8% above its estimated GF Value™ of NT$42.60.
GuruFocus considers PanRam International to be Fairly Valued.
Key valuation signals for ROCO:8088:
Return-on-Tangible-Equity: 32.71% (229% above median its 10-year median of 9.94)
GF Value™: NT$42.60 vs. price of NT$43.80 (2.8% above fair value)
Industry Position: 506.9% above the Hardware median (#800 of 2383)
No single metric tells the full story. See the ROCO:8088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PanRam International Corp is a Taiwan-based company that engages in the research, development, manufacture, and sale of memory modules and related application products. The products of the company includes Memory Module, Dram Module, Customize Flash Drives, SSD Solid-state Drives, Mobile Power, and SMT professional OEM.
73GF Score
Get the complete analysis for ROCO:8088
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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