Hsin Tai GasROCO:8917 -0.38%86 Return-on-Tangible-Equity is 12.71% as of Dec. 2025, which is 10% below its 10-year median of 14.05. GuruFocus rates ROCO:8917 with a GF Score™ of 86/100 and a GF Value™ of NT$75.83 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 497 Utilities - Regulated companies, Hsin Tai Gas ranks better than 60.76% 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. Hsin Tai Gas's annualized net income for the quarter that ended in Dec. 2025 was NT$342 Mil. Hsin Tai Gas's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,686 Mil. Therefore, Hsin Tai Gas's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 12.71%.
The historical rank and industry rank for Hsin Tai Gas's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:8917'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.47 Med: 14.05 Max: 18.24
Current: 13.5
During the past 13 years, Hsin Tai Gas's highest Return-on-Tangible-Equity was 18.24%. The lowest was 9.47%. And the median was 14.05%.
ROCO:8917's Return-on-Tangible-Equity is ranked better than 60.76% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.92
vs ROCO:8917: 13.50
Hsin Tai Gas (ROCO:8917) 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.
Hsin Tai Gas Return-on-Tangible-Equity Related Terms
Hsin Tai Gas Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hsin Tai Gas'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:8917 vs ATO, NI, UGI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, Hsin Tai Gas'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.
Hsin Tai Gas Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hsin Tai Gas's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hsin Tai Gas'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 12.71% mean?
Hsin Tai Gas (ROCO:8917) has a Return-on-Tangible-Equity of 12.71% 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 Hsin Tai Gas and its competitors. This is 10% below median its historical median of 14.05. Over the past decade, Hsin Tai Gas' Return-on-Tangible-Equity has ranged from 9.47 to 18.24. According to the industry distribution chart, Hsin Tai Gas ranks #195 out of 497 companies in the Utilities - Regulated industry, placing it in the top 39.2%.
Is Hsin Tai Gas' Return-on-Tangible-Equity too high?
Hsin Tai Gas' current Return-on-Tangible-Equity of 12.71% is 10% below median its 10-year median of 14.05. Over the past 10 years, this metric has ranged from a low of 9.47 to a high of 18.24. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.92. Hsin Tai Gas' value of 12.71% is 16.4% above this industry median. Based on the distribution chart, Hsin Tai Gas ranks #195 out of 497 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hsin Tai Gas has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Tai Gas' Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hsin Tai Gas ranks #195 out of 497 companies for Return-on-Tangible-Equity. This puts Hsin Tai Gas in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.92. Hsin Tai Gas' value of 12.71% is 16.4% above this benchmark. Historically, Hsin Tai Gas' own Return-on-Tangible-Equity has ranged from 9.47 to 18.24 over the past decade. While the company's 10-year median is 14.05 vs. the industry median of 10.92, Hsin Tai Gas 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 Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.92, based on 497 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. Hsin Tai Gas's current Return-on-Tangible-Equity of 12.71% is 16.4% 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 Hsin Tai Gas and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin Tai Gas's current Return-on-Tangible-Equity is 12.71%, which is 10% below median its own 10-year median of 14.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Tai Gas stock overvalued right now?
Based on GuruFocus' analysis, Hsin Tai Gas (ROCO:8917) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$75.83, compared to a current price of NT$52.80 — trading 30.4% below its estimated fair value. The current Return-on-Tangible-Equity is 12.71%, which is 10% below median its 10-year median of 14.05 and 16.4% above the Utilities - Regulated industry median of 10.92. Hsin Tai Gas' overall GF Score™ is 86/100 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 Hsin Tai Gas (ROCO:8917), the current Return-on-Tangible-Equity is 12.71% 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 Hsin Tai Gas (ROCO:8917) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin Tai Gas stock appears to be undervalued.
The current stock price of NT$52.80 is trading 30.4% below its estimated GF Value™ of NT$75.83.
GuruFocus considers Hsin Tai Gas to be Significantly Undervalued.
Key valuation signals for ROCO:8917:
Return-on-Tangible-Equity: 12.71% (10% below median its 10-year median of 14.05)
GF Value™: NT$75.83 vs. price of NT$52.80 (30.4% below fair value)
Industry Position: 16.4% above the Utilities - Regulated median (#195 of 497)
No single metric tells the full story. See the ROCO:8917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin Tai Gas Corp is engaged in natural gas supply, natural gas transmission system construction, sale and installation of gas meters, and office building rental business. The company provides natural gas mainly to families, government organizations, and other areas. It operates its business mainly in New Taipei City. Its segments include: Gas Sales Segment; Equipment Segment; and Others, of which Gas Sales Segment derives maximum revenue.
86GF Score
Get the complete analysis for ROCO:8917
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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