Tittot Co (ROCO:9949) Return-on-Tangible-Equity: -6.52% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:9949 Tittot Co Ltd ROCO:9949
58 GF Score
Price NT$23.60
GF Value NT$14.74
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

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

Tittot Co ROCO:9949 -5.41% 58 Return-on-Tangible-Equity is -6.52% as of Dec. 2025. GuruFocus rates ROCO:9949 with a GF Score™ of 58/100 and a GF Value™ of NT$14.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,881 Consumer Packaged Goods companies, Tittot Co ranks better than 93.2% 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. Tittot Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-37.5 Mil. Tittot Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$575.4 Mil. Therefore, Tittot Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -6.52%.

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

ROCO:9949' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.03   Med: -5.2   Max: 56.8
Current: 56.8

During the past 13 years, Tittot Co's highest Return-on-Tangible-Equity was 56.80%. The lowest was -15.03%. And the median was -5.20%.

ROCO:9949's Return-on-Tangible-Equity is ranked better than
93.2% of 1881 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs ROCO:9949: 56.80

Tittot Co  (ROCO:9949) 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.


Tittot Co Return-on-Tangible-Equity Related Terms


Tittot Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tittot 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.

Tittot Co Return-on-Tangible-Equity Chart

Tittot 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 -7.45 -8.40 -7.81 -15.03 51.93

Tittot 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 -36.90 -13.35 -49.47 275.13 -6.52

ROCO:9949 vs PG, CL, KVUE: Return-on-Tangible-Equity Comparison

For the Household & Personal Products subindustry, Tittot 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.


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

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

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


ROCO:9949
58GF Score
Tittot Co Ltd ROCO:9949
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tittot Co Return-on-Tangible-Equity Calculation

Tittot 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 )
=232.784/( (323.036+573.537 )/ 2 )
=232.784/448.2865
=51.93 %

Tittot 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 )
=-37.54/( (577.335+573.537)/ 2 )
=-37.54/575.436
=-6.52 %

* 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 -6.52% mean?
Tittot Co (ROCO:9949) has a Return-on-Tangible-Equity of -6.52% 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 Tittot Co and its competitors. According to the industry distribution chart, Tittot Co ranks #128 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 6.8%.
Is Tittot Co's Return-on-Tangible-Equity too high?
Tittot Co's current Return-on-Tangible-Equity is -6.52%. Based on the distribution chart, Tittot Co ranks #128 out of 1881 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Tittot Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tittot Co's Return-on-Tangible-Equity compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Tittot Co ranks #128 out of 1881 companies for Return-on-Tangible-Equity. This places Tittot Co in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.78. 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 7.78, based on 1,881 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. 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 Tittot Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tittot Co's current Return-on-Tangible-Equity is -6.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tittot Co stock overvalued right now?
Based on GuruFocus' analysis, Tittot Co (ROCO:9949) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.74, compared to a current price of NT$23.60 — trading 60.1% above its estimated fair value. The current Return-on-Tangible-Equity is -6.52%. Tittot Co's overall GF Score™ is 58/100 with 5 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 Tittot Co (ROCO:9949), the current Return-on-Tangible-Equity is -6.52% 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 Tittot Co (ROCO:9949) Overvalued in 2026?

Based on GuruFocus' analysis, Tittot Co stock appears to be overvalued. The current stock price of NT$23.60 is trading 60.1% above its estimated GF Value™ of NT$14.74. GuruFocus considers Tittot Co to be Significantly Overvalued.

Key valuation signals for ROCO:9949:

  • Return-on-Tangible-Equity: -6.52%
  • GF Value™: NT$14.74 vs. price of NT$23.60 (60.1% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the ROCO:9949 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tittot Co Business Description

Address No.80, Section 1, Chenggong Road, 22nd Floor, Yonghe District, New Taipei City, TWN, 23452
Tittot Co Ltd is engaged in the design, processing and manufacturing of crystal glass, plaster, wax and other arts and crafts, as well as books, Trading business of video tapes, art exhibition industry and exhibition service industry, etc.
58GF Score

Get the complete analysis for ROCO:9949

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

NT$23.60
Price
NT$14.74
GF Value