The historical rank and industry rank for TSG Development Co's ROE % or its related term are showing as below:
ROCO:3521'
s ROE % Range Over the Past 10 Years
Min: -33.51 Med: -8.54 Max: 27.09
Current: -0.7
During the past 13 years, TSG Development Co's highest ROE % was 27.09%. The lowest was -33.51%. And the median was -8.54%.
ROCO:3521's ROE % is ranked worse than 77.2% of 1737
companies
in the Construction industry
Industry Median: 6.72
vs ROCO:3521: -0.70
TSG Development Co (ROCO:3521) 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.
TSG Development Co ROE % Related Terms
TSG Development Co ROE % Historical Data
* Premium members only.
The historical data trend for TSG Development Co's ROE % 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.
For the Engineering & Construction subindustry, TSG Development Co'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.
TSG Development Co ROE % vs Construction Industry
For the Construction industry and Industrials sector, TSG Development Co's ROE % distribution charts can be found below:
* The bar in red indicates where TSG Development Co'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.
TSG Development Co (ROCO:3521) has a ROE % of -4.94% 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 TSG Development Co and its competitors. According to the industry distribution chart, TSG Development Co ranks #1341 out of 1737 companies in the Construction industry, placing it in the top 77.2%.
Is TSG Development Co's ROE % too high?
TSG Development Co's current ROE % is -4.94%. Based on the distribution chart, TSG Development Co ranks #1341 out of 1737 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, TSG Development Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSG Development Co's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, TSG Development Co ranks #1341 out of 1737 companies for ROE %. This places TSG Development Co in the lower half of its industry. The industry median ROE % is 6.72. 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 Construction company?
The median ROE % among Construction companies is 6.72, based on 1,737 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. 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 TSG Development Co and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSG Development Co's current ROE % is -4.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSG Development Co stock overvalued right now?
Based on GuruFocus' analysis, TSG Development Co (ROCO:3521) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$10.09, compared to a current price of NT$12.80 — trading 26.9% above its estimated fair value. The current ROE % is -4.94%. TSG Development Co's overall GF Score™ is 58/100 with 2 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 TSG Development Co (ROCO:3521), the current ROE % is -4.94% 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 TSG Development Co (ROCO:3521) Overvalued in 2026?
Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued.
The current stock price of NT$12.80 is trading 26.9% above its estimated GF Value™ of NT$10.09.
GuruFocus considers TSG Development Co to be Modestly Overvalued.
Key valuation signals for ROCO:3521:
ROE %: -4.94%
GF Value™: NT$10.09 vs. price of NT$12.80 (26.9% above fair value)
No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
58GF Score
Get the complete analysis for ROCO:3521
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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