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ROCO:3426'
s ROE % Range Over the Past 10 Years
Min: 8.17 Med: 10.47 Max: 17.85
Current: 8.41
During the past 13 years, Tai Shing Electronics Components's highest ROE % was 17.85%. The lowest was 8.17%. And the median was 10.47%.
ROCO:3426's ROE % is ranked better than 64.43% of 2429
companies
in the Hardware industry
Industry Median: 4.67
vs ROCO:3426: 8.41
Tai Shing Electronics Components (ROCO:3426) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Tai Shing Electronics Components ROE % Related Terms
Tai Shing Electronics Components ROE % Historical Data
* 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.
For the Electronic Components subindustry, Tai Shing Electronics Components's ROE %, along with its competitors' market caps and ROE % 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.
Tai Shing Electronics Components ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Tai Shing Electronics Components's ROE % distribution charts can be found below:
* The bar in red indicates where Tai Shing Electronics Components's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Tai Shing Electronics Components (ROCO:3426) has a ROE % of 4.09% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tai Shing Electronics Components and its competitors. This is 61% below median its historical median of 10.47. Over the past decade, Tai Shing Electronics Components' ROE % has ranged from 8.17 to 17.85. According to the industry distribution chart, Tai Shing Electronics Components ranks #864 out of 2429 companies in the Hardware industry, placing it in the top 35.6%.
Is Tai Shing Electronics Components' ROE % too high?
Tai Shing Electronics Components' current ROE % of 4.09% is 61% below median its 10-year median of 10.47. Over the past 10 years, this metric has ranged from a low of 8.17 to a high of 17.85. The Hardware industry median ROE % is 4.67. Tai Shing Electronics Components' value of 4.09% is 12.4% below this industry median. Based on the distribution chart, Tai Shing Electronics Components ranks #864 out of 2429 companies in the Hardware industry, which is above the industry midpoint. Overall, Tai Shing Electronics Components has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tai Shing Electronics Components' ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Tai Shing Electronics Components ranks #864 out of 2429 companies for ROE %. This puts Tai Shing Electronics Components in the upper half of its industry. The industry median ROE % is 4.67. Tai Shing Electronics Components' value of 4.09% is 12.4% below this benchmark. Historically, Tai Shing Electronics Components' own ROE % has ranged from 8.17 to 17.85 over the past decade. While the company's 10-year median is 10.47 vs. the industry median of 4.67, Tai Shing Electronics Components 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 ROE % for a Hardware company?
The median ROE % among Hardware companies is 4.67, based on 2,429 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tai Shing Electronics Components's current ROE % of 4.09% is 12.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tai Shing Electronics Components and its competitors. For the Hardware industry, the median ROE % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tai Shing Electronics Components's current ROE % is 4.09%, which is 61% below median its own 10-year median of 10.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tai Shing Electronics Components stock overvalued right now?
Based on GuruFocus' analysis, Tai Shing Electronics Components (ROCO:3426) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$34.92, compared to a current price of NT$47.80 — trading 36.9% above its estimated fair value. The current ROE % is 4.09%, which is 61% below median its 10-year median of 10.47 and 12.4% below the Hardware industry median of 4.67. Tai Shing Electronics Components' overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tai Shing Electronics Components (ROCO:3426), the current ROE % is 4.09% 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 Tai Shing Electronics Components (ROCO:3426) Overvalued in 2026?
Based on GuruFocus' analysis, Tai Shing Electronics Components stock appears to be overvalued.
The current stock price of NT$47.80 is trading 36.9% above its estimated GF Value™ of NT$34.92.
GuruFocus considers Tai Shing Electronics Components to be Significantly Overvalued.
Key valuation signals for ROCO:3426:
ROE %: 4.09% (61% below median its 10-year median of 10.47)
GF Value™: NT$34.92 vs. price of NT$47.80 (36.9% above fair value)
Industry Position: 12.4% below the Hardware median (#864 of 2429)
No single metric tells the full story. See the ROCO:3426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tai Shing Electronics Components Business Description
Tai Shing Electronics Components Corp is engaged in the manufacturing of metal valves, other fabricated metal products, electric appliances, audiovisual electric products, wired communication equipment and apparatuses, telecommunication equipment, and apparatuses among other products. The company segment includes the Domestic sales and manufacturing department and the Overseas sales and manufacturing department. The company generates the majority of its revenue from the Overseas sales and manufacturing department. Geographically, the company operates in Asia, Europe and the Americas. It derives maximum revenue from Americas.
72GF Score
Get the complete analysis for ROCO:3426
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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