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Bai ShA Technology CoROCO:8401 -0.87%83 Return-on-Tangible-Equity is 22.06% as of Dec. 2025, which is 110% above its 10-year median of 10.52. GuruFocus rates ROCO:8401 with a GF Score™ of 83/100 and a GF Value™ of NT$21.66 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,009 Business Services companies, Bai ShA Technology Co ranks better than 63.33% 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. Bai ShA Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$259 Mil. Bai ShA Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,176 Mil. Therefore, Bai ShA Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 22.06%.
The historical rank and industry rank for Bai ShA Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:8401'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.4 Med: 10.52 Max: 16.48
Current: 16.48
During the past 13 years, Bai ShA Technology Co's highest Return-on-Tangible-Equity was 16.48%. The lowest was 1.40%. And the median was 10.52%.
ROCO:8401's Return-on-Tangible-Equity is ranked better than 63.33% of 1009
companies
in the Business Services industry
Industry Median: 10.69
vs ROCO:8401: 16.48
Bai ShA Technology Co (ROCO:8401) 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.
Bai ShA Technology Co Return-on-Tangible-Equity Related Terms
Bai ShA Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bai ShA Technology 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.
Bai ShA Technology Co Return-on-Tangible-Equity Chart
ROCO:8401 vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Bai ShA Technology 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.
Bai ShA Technology Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Bai ShA Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bai ShA Technology 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 22.06% mean?
Bai ShA Technology Co (ROCO:8401) has a Return-on-Tangible-Equity of 22.06% 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 Bai ShA Technology Co and its competitors. This is 110% above median its historical median of 10.52. Over the past decade, Bai ShA Technology Co's Return-on-Tangible-Equity has ranged from 1.40 to 16.48. According to the industry distribution chart, Bai ShA Technology Co ranks #370 out of 1009 companies in the Business Services industry, placing it in the top 36.7%.
Is Bai ShA Technology Co's Return-on-Tangible-Equity too high?
Bai ShA Technology Co's current Return-on-Tangible-Equity of 22.06% is 110% above median its 10-year median of 10.52. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 16.48. The Business Services industry median Return-on-Tangible-Equity is 10.69. Bai ShA Technology Co's value of 22.06% is 106.4% above this industry median. Based on the distribution chart, Bai ShA Technology Co ranks #370 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, Bai ShA Technology Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bai ShA Technology Co's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bai ShA Technology Co ranks #370 out of 1009 companies for Return-on-Tangible-Equity. This puts Bai ShA Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.69. Bai ShA Technology Co's value of 22.06% is 106.4% above this benchmark. Historically, Bai ShA Technology Co's own Return-on-Tangible-Equity has ranged from 1.40 to 16.48 over the past decade. While the company's 10-year median is 10.52 vs. the industry median of 10.69, Bai ShA Technology 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.69, based on 1,009 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. Bai ShA Technology Co's current Return-on-Tangible-Equity of 22.06% is 106.4% 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 Bai ShA Technology Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bai ShA Technology Co's current Return-on-Tangible-Equity is 22.06%, which is 110% above median its own 10-year median of 10.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bai ShA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Bai ShA Technology Co (ROCO:8401) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.66, compared to a current price of NT$22.75 — trading 5% above its estimated fair value. The current Return-on-Tangible-Equity is 22.06%, which is 110% above median its 10-year median of 10.52 and 106.4% above the Business Services industry median of 10.69. Bai ShA Technology Co's overall GF Score™ is 83/100 with 1 warning sign 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 Bai ShA Technology Co (ROCO:8401), the current Return-on-Tangible-Equity is 22.06% 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 Bai ShA Technology Co (ROCO:8401) Overvalued in 2026?
Based on GuruFocus' analysis, Bai ShA Technology Co stock appears to be overvalued.
The current stock price of NT$22.75 is trading 5% above its estimated GF Value™ of NT$21.66.
GuruFocus considers Bai ShA Technology Co to be Fairly Valued.
Key valuation signals for ROCO:8401:
Return-on-Tangible-Equity: 22.06% (110% above median its 10-year median of 10.52)
GF Value™: NT$21.66 vs. price of NT$22.75 (5% above fair value)
Industry Position: 106.4% above the Business Services median (#370 of 1009)
No single metric tells the full story. See the ROCO:8401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bai ShA Technology Co Ltd is a Taiwan based company engages in the production and sale of commercial printing products. Its products include business cards, posters, wedding invitations, envelopes, related business printings, books, and class books. Geographically the company operates from Taiwan region.
83GF Score
Get the complete analysis for ROCO:8401
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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