North-Star International Co (ROCO:8927) Return-on-Tangible-Equity: 7.37% (As of Dec. 2025) — 102% Above Median

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ROCO:8927 North-Star International Co Ltd ROCO:8927
66 GF Score
Price NT$20.10
GF Value NT$53.23
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is North-Star International Co Return-on-Tangible-Equity?

North-Star International Co ROCO:8927 -0.99% 66 Return-on-Tangible-Equity is 7.37% as of Dec. 2025, which is 102% above its 10-year median of 3.65. GuruFocus rates ROCO:8927 with a GF Score™ of 66/100 and a GF Value™ of NT$53.23 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,062 Retail - Cyclical companies, North-Star International Co ranks worse than 67.14% 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. North-Star International Co's annualized net income for the quarter that ended in Dec. 2025 was NT$400 Mil. North-Star International Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$5,419 Mil. Therefore, North-Star International Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.37%.

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

ROCO:8927' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.47   Med: 3.65   Max: 9.06
Current: 2.8

During the past 13 years, North-Star International Co's highest Return-on-Tangible-Equity was 9.06%. The lowest was 2.47%. And the median was 3.65%.

ROCO:8927's Return-on-Tangible-Equity is ranked worse than
67.14% of 1062 companies
in the Retail - Cyclical industry
Industry Median: 8.455 vs ROCO:8927: 2.80

North-Star International Co  (ROCO:8927) 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.


North-Star International Co Return-on-Tangible-Equity Related Terms


North-Star International Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for North-Star International 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.

North-Star International Co Return-on-Tangible-Equity Chart

North-Star International 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 5.46 3.61 2.53 9.06 2.82

North-Star International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -3.82 1.11 0.99 1.75 7.37

ROCO:8927 vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison

For the Specialty Retail subindustry, North-Star 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.


North-Star International Co Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, North-Star International Co's Return-on-Tangible-Equity distribution charts can be found below:

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


ROCO:8927
66GF Score
North-Star International Co Ltd ROCO:8927
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North-Star International Co Return-on-Tangible-Equity Calculation

North-Star International 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 )
=152.471/( (5430.561+5393.805 )/ 2 )
=152.471/5412.183
=2.82 %

North-Star International Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=399.524/( (5444.939+5393.805)/ 2 )
=399.524/5419.372
=7.37 %

* 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 7.37% mean?
North-Star International Co (ROCO:8927) has a Return-on-Tangible-Equity of 7.37% 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 North-Star International Co and its competitors. This is 102% above median its historical median of 3.65. Over the past decade, North-Star International Co's Return-on-Tangible-Equity has ranged from 2.47 to 9.06. According to the industry distribution chart, North-Star International Co ranks #713 out of 1062 companies in the Retail - Cyclical industry, placing it in the top 67.1%.
Is North-Star International Co's Return-on-Tangible-Equity too high?
North-Star International Co's current Return-on-Tangible-Equity of 7.37% is 102% above median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 9.06. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. North-Star International Co's value of 7.37% is 12.8% below this industry median. Based on the distribution chart, North-Star International Co ranks #713 out of 1062 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, North-Star International Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North-Star International Co's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, North-Star International Co ranks #713 out of 1062 companies for Return-on-Tangible-Equity. This places North-Star International Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.46. North-Star International Co's value of 7.37% is 12.8% below this benchmark. Historically, North-Star International Co's own Return-on-Tangible-Equity has ranged from 2.47 to 9.06 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 8.46, North-Star International Co has consistently been below 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,062 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. North-Star International Co's current Return-on-Tangible-Equity of 7.37% is 12.8% below 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 North-Star International Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North-Star International Co's current Return-on-Tangible-Equity is 7.37%, which is 102% above median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, North-Star International Co (ROCO:8927) is currently considered Possible Value Trap. The stock's GF Value™ is NT$53.23, compared to a current price of NT$20.10 — trading 62.2% below its estimated fair value. The current Return-on-Tangible-Equity is 7.37%, which is 102% above median its 10-year median of 3.65 and 12.8% below the Retail - Cyclical industry median of 8.46. North-Star International Co's overall GF Score™ is 66/100 with 9 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 North-Star International Co (ROCO:8927), the current Return-on-Tangible-Equity is 7.37% 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 North-Star International Co (ROCO:8927) Overvalued in 2026?

Based on GuruFocus' analysis, North-Star International Co stock appears to be undervalued. The current stock price of NT$20.10 is trading 62.2% below its estimated GF Value™ of NT$53.23. GuruFocus considers North-Star International Co to be Possible Value Trap.

Key valuation signals for ROCO:8927:

  • Return-on-Tangible-Equity: 7.37% (102% above median its 10-year median of 3.65)
  • GF Value™: NT$53.23 vs. price of NT$20.10 (62.2% below fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 12.8% below the Retail - Cyclical median (#713 of 1062)

No single metric tells the full story. See the ROCO:8927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North-Star International Co Business Description

Address No. 137, Xinhai Road, Banqiao District, New Taipei City, TWN, 220
North-Star International Co Ltd is mainly engaged in petrol filling stations and the retail business of gasoline products. In addition, for the diversification operation of the Group, the Group has been expanding into hotels, real estate development and sale, as well as renewable energy development services. The Group has three reportable segments: gasoline sales, restaurant and travel service, and optoelectronics business. The gasoline sales segment, which generates maximum revenue, is engaged in retailing petrol filling stations and gasoline products. The restaurant and travel service segment is engaged in the hotel and restaurant industry. The optoelectronics business segment is engaged in solar power generation, energy storage, and electricity sales.
66GF Score

Get the complete analysis for ROCO:8927

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

NT$20.10
Price
NT$53.23
GF Value