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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. Hiroca Holdings's annualized net income for the quarter that ended in Dec. 2025 was NT$-76 Mil. Hiroca Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$5,681 Mil. Therefore, Hiroca Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -1.34%.
The historical rank and industry rank for Hiroca Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1338'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.17 Med: 5 Max: 12.16
Current: -3.17
During the past 13 years, Hiroca Holdings's highest Return-on-Tangible-Equity was 12.16%. The lowest was -3.17%. And the median was 5.00%.
TPE:1338's Return-on-Tangible-Equity is ranked worse than 82.07% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.47
vs TPE:1338: -3.17
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.
Hiroca Holdings Return-on-Tangible-Equity Related Terms
Hiroca Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hiroca Holdings'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.
TPE:1338 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Hiroca Holdings'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.
Hiroca Holdings Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hiroca Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hiroca Holdings'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 -1.34% mean?
Hiroca Holdings (TPE:1338) has a Return-on-Tangible-Equity of -1.34% 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 Hiroca Holdings and its competitors. According to the industry distribution chart, Hiroca Holdings ranks #1053 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 82.1%.
Is Hiroca Holdings' Return-on-Tangible-Equity too high?
Hiroca Holdings' current Return-on-Tangible-Equity is -1.34%. Based on the distribution chart, Hiroca Holdings ranks #1053 out of 1283 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hiroca Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiroca Holdings' Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hiroca Holdings ranks #1053 out of 1283 companies for Return-on-Tangible-Equity. This places Hiroca Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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 Hiroca Holdings and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroca Holdings's current Return-on-Tangible-Equity is -1.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroca Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hiroca Holdings (TPE:1338) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.64, compared to a current price of NT$16.55 — trading 47.7% below its estimated fair value. The current Return-on-Tangible-Equity is -1.34%. Hiroca Holdings' overall GF Score™ is 54/100 with 7 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 Hiroca Holdings (TPE:1338), the current Return-on-Tangible-Equity is -1.34% 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 Hiroca Holdings (TPE:1338) Overvalued in 2026?
Based on GuruFocus' analysis, Hiroca Holdings stock appears to be undervalued.
The current stock price of NT$16.55 is trading 47.7% below its estimated GF Value™ of NT$31.64.
GuruFocus considers Hiroca Holdings to be Possible Value Trap.
Key valuation signals for TPE:1338:
Return-on-Tangible-Equity: -1.34%
GF Value™: NT$31.64 vs. price of NT$16.55 (47.7% below fair value)
No single metric tells the full story. See the TPE:1338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiroca Holdings Ltd mainly engages in the production and sales of a variety of automotive trim parts, electronic plastic parts, plastic corrugated board, and molds. It provides products and services of Interior, Exterior, and Lighting. The company generates a majority of its revenue from the sale of automotive spare parts and the rest from other products and services. Geographically, it derives key revenue from Mainland China and the rest from America and other regions.
54GF Score
Get the complete analysis for TPE:1338
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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