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Chen Full International CoROCO:8383 +0.99%63 Return-on-Tangible-Equity is 12.22% as of Mar. 2026, which is 32% above its 10-year median of 9.25. GuruFocus rates ROCO:8383 with a GF Score™ of 63/100 and a GF Value™ of NT$48.08 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,968 Industrial Products companies, Chen Full International Co ranks better than 67.99% 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. Chen Full International Co's annualized net income for the quarter that ended in Mar. 2026 was NT$469 Mil. Chen Full International Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$3,837 Mil. Therefore, Chen Full International Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.22%.
The historical rank and industry rank for Chen Full International Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:8383'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.87 Med: 9.25 Max: 17.01
Current: 11.4
During the past 13 years, Chen Full International Co's highest Return-on-Tangible-Equity was 17.01%. The lowest was 4.87%. And the median was 9.25%.
ROCO:8383's Return-on-Tangible-Equity is ranked better than 67.99% of 2968
companies
in the Industrial Products industry
Industry Median: 6.775
vs ROCO:8383: 11.40
Chen Full International Co (ROCO:8383) 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.
Chen Full International Co Return-on-Tangible-Equity Related Terms
Chen Full International Co Return-on-Tangible-Equity Historical Data
* 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.
Chen Full International Co Return-on-Tangible-Equity Chart
ROCO:8383 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Chen Full International 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.
Chen Full International Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chen Full International Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chen Full International 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 12.22% mean?
Chen Full International Co (ROCO:8383) has a Return-on-Tangible-Equity of 12.22% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Chen Full International Co and its competitors. This is 32% above median its historical median of 9.25. Over the past decade, Chen Full International Co's Return-on-Tangible-Equity has ranged from 4.87 to 17.01. According to the industry distribution chart, Chen Full International Co ranks #950 out of 2968 companies in the Industrial Products industry, placing it in the top 32%.
Is Chen Full International Co's Return-on-Tangible-Equity too high?
Chen Full International Co's current Return-on-Tangible-Equity of 12.22% is 32% above median its 10-year median of 9.25. Over the past 10 years, this metric has ranged from a low of 4.87 to a high of 17.01. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Chen Full International Co's value of 12.22% is 80.4% above this industry median. Based on the distribution chart, Chen Full International Co ranks #950 out of 2968 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chen Full International Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chen Full International Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chen Full International Co ranks #950 out of 2968 companies for Return-on-Tangible-Equity. This puts Chen Full International Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Chen Full International Co's value of 12.22% is 80.4% above this benchmark. Historically, Chen Full International Co's own Return-on-Tangible-Equity has ranged from 4.87 to 17.01 over the past decade. While the company's 10-year median is 9.25 vs. the industry median of 6.78, Chen Full International 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,968 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. Chen Full International Co's current Return-on-Tangible-Equity of 12.22% is 80.4% 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 Chen Full International Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chen Full International Co's current Return-on-Tangible-Equity is 12.22%, which is 32% above median its own 10-year median of 9.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chen Full International Co stock overvalued right now?
Based on GuruFocus' analysis, Chen Full International Co (ROCO:8383) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$48.08, compared to a current price of NT$71.70 — trading 49.1% above its estimated fair value. The current Return-on-Tangible-Equity is 12.22%, which is 32% above median its 10-year median of 9.25 and 80.4% above the Industrial Products industry median of 6.78. Chen Full International Co's overall GF Score™ is 63/100 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 Chen Full International Co (ROCO:8383), the current Return-on-Tangible-Equity is 12.22% as of Mar. 2026. 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 Chen Full International Co (ROCO:8383) Overvalued in 2026?
Based on GuruFocus' analysis, Chen Full International Co stock appears to be overvalued.
The current stock price of NT$71.70 is trading 49.1% above its estimated GF Value™ of NT$48.08.
GuruFocus considers Chen Full International Co to be Significantly Overvalued.
Key valuation signals for ROCO:8383:
Return-on-Tangible-Equity: 12.22% (32% above median its 10-year median of 9.25)
GF Value™: NT$48.08 vs. price of NT$71.70 (49.1% above fair value)
Industry Position: 80.4% above the Industrial Products median (#950 of 2968)
No single metric tells the full story. See the ROCO:8383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chen Full International Co Ltd is engaged in semiconductor control equipment system engineering; buying, selling, designing, manufacturing, and constructing cleanroom, ultrapure water equipment pipelines, and various chemical engineering equipment; manufacturing and trading of various hydraulic, mechanical parts, factory engineering pipeline materials, and precision molds; design planning of machinery and equipment for entire shoe factories and the manufacturing, processing, and trading of related material products; as well as the manufacturing and trading of various aircraft equipment.
63GF Score
Get the complete analysis for ROCO:8383
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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