TCI Co (ROCO:8436) Return-on-Tangible-Equity: 13.41% (As of Jun. 2026) — 36% Below Median

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ROCO:8436 TCI Co Ltd ROCO:8436
79 GF Score
Price NT$112.50
GF Value NT$130.06
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is TCI Co Return-on-Tangible-Equity?

TCI Co ROCO:8436 +0.45% 79 Return-on-Tangible-Equity is 13.41% as of Jun. 2026, which is 36% below its 10-year median of 20.88. GuruFocus rates ROCO:8436 with a GF Score™ of 79/100 and a GF Value™ of NT$130.06 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, TCI Co ranks better than 70.77% 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. TCI Co's annualized net income for the quarter that ended in Jun. 2026 was NT$978 Mil. TCI Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$7,297 Mil. Therefore, TCI Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 13.41%.

The historical rank and industry rank for TCI Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:8436' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.72   Med: 20.88   Max: 39.63
Current: 14.95

During the past 13 years, TCI Co's highest Return-on-Tangible-Equity was 39.63%. The lowest was 9.72%. And the median was 20.88%.

ROCO:8436's Return-on-Tangible-Equity is ranked better than
70.77% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 8.05 vs ROCO:8436: 14.95

TCI Co  (ROCO:8436) 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.


TCI Co Return-on-Tangible-Equity Related Terms


TCI Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for TCI 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.

TCI Co Return-on-Tangible-Equity Chart

TCI Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.90 9.72 12.03 11.36 13.05

TCI Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.08 17.07 17.66 11.47 13.41

ROCO:8436 vs PG, CL, EL: Return-on-Tangible-Equity Comparison

For the Household & Personal Products subindustry, TCI 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.


TCI Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TCI Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TCI Co's Return-on-Tangible-Equity falls into.


ROCO:8436
79GF Score
TCI Co Ltd ROCO:8436
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCI Co Return-on-Tangible-Equity Calculation

TCI Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=954.957/( (7453.077+7184.619 )/ 2 )
=954.957/7318.848
=13.05 %

TCI Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=978.224/( (7504.832+7089.848)/ 2 )
=978.224/7297.34
=13.41 %

* 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 (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 13.41% mean?
TCI Co (ROCO:8436) has a Return-on-Tangible-Equity of 13.41% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on TCI Co and its competitors. This is 36% below median its historical median of 20.88. Over the past decade, TCI Co's Return-on-Tangible-Equity has ranged from 9.72 to 39.63. According to the industry distribution chart, TCI Co ranks #555 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 29.2%.
Is TCI Co's Return-on-Tangible-Equity too high?
TCI Co's current Return-on-Tangible-Equity of 13.41% is 36% below median its 10-year median of 20.88. Over the past 10 years, this metric has ranged from a low of 9.72 to a high of 39.63. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 8.05. TCI Co's value of 13.41% is 66.6% above this industry median. Based on the distribution chart, TCI Co ranks #555 out of 1899 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, TCI Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCI Co's Return-on-Tangible-Equity compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, TCI Co ranks #555 out of 1899 companies for Return-on-Tangible-Equity. This puts TCI Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.05. TCI Co's value of 13.41% is 66.6% above this benchmark. Historically, TCI Co's own Return-on-Tangible-Equity has ranged from 9.72 to 39.63 over the past decade. While the company's 10-year median is 20.88 vs. the industry median of 8.05, TCI 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 8.05, based on 1,899 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. TCI Co's current Return-on-Tangible-Equity of 13.41% is 66.6% 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 TCI Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCI Co's current Return-on-Tangible-Equity is 13.41%, which is 36% below median its own 10-year median of 20.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCI Co stock overvalued right now?
Based on GuruFocus' analysis, TCI Co (ROCO:8436) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$130.06, compared to a current price of NT$112.50 — trading 13.5% below its estimated fair value. The current Return-on-Tangible-Equity is 13.41%, which is 36% below median its 10-year median of 20.88 and 66.6% above the Consumer Packaged Goods industry median of 8.05. TCI Co's overall GF Score™ is 79/100 with 6 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 TCI Co (ROCO:8436), the current Return-on-Tangible-Equity is 13.41% as of Jun. 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 TCI Co (ROCO:8436) Overvalued in 2026?

Based on GuruFocus' analysis, TCI Co stock appears to be undervalued. The current stock price of NT$112.50 is trading 13.5% below its estimated GF Value™ of NT$130.06. GuruFocus considers TCI Co to be Modestly Undervalued.

Key valuation signals for ROCO:8436:

  • Return-on-Tangible-Equity: 13.41% (36% below median its 10-year median of 20.88)
  • GF Value™: NT$130.06 vs. price of NT$112.50 (13.5% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 66.6% above the Consumer Packaged Goods median (#555 of 1899)

No single metric tells the full story. See the ROCO:8436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TCI Co Business Description

Address No.187, Kang Chien Road, 8th Floor, Nei Hu District, Taipei, TWN, 11494
TCI Co Ltd is a Taiwan-based company principally engaged in the research, development, manufacturing, wholesale, and retail of health foods and cosmetics. Its products include tablets and capsules of dietary supplements, functional drinks, facial masks, cosmetic serums, and others. The company's Geographical segments include Europe and America region; and the Asia Pacific region. The majority of the revenue comes from the Asia Pacific region.
79GF Score

Get the complete analysis for ROCO:8436

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$112.50
Price
NT$130.06
GF Value