Horng Tong Enterprise Co (ROCO:5271) ROE %: 20.35% (As of Dec. 2025)

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ROCO:5271 Horng Tong Enterprise Co Ltd ROCO:5271
50 GF Score
Price NT$13.85
GF Value NT$8.86
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Horng Tong Enterprise Co ROE %?

Horng Tong Enterprise Co ROCO:5271 -2.12% 50 ROE % is 20.35% as of Dec. 2025. GuruFocus rates ROCO:5271 with a GF Score™ of 50/100 and a GF Value™ of NT$8.86 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,431 Hardware companies, Horng Tong Enterprise Co ranks worse than 66.43% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Horng Tong Enterprise Co's annualized net income for the quarter that ended in Dec. 2025 was NT$80.4 Mil. Horng Tong Enterprise Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$395.0 Mil. Therefore, Horng Tong Enterprise Co's annualized ROE % for the quarter that ended in Dec. 2025 was 20.35%.

The historical rank and industry rank for Horng Tong Enterprise Co's ROE % or its related term are showing as below:

ROCO:5271' s ROE % Range Over the Past 10 Years
Min: -32.38   Med: -16.05   Max: 1.48
Current: 0.46

During the past 13 years, Horng Tong Enterprise Co's highest ROE % was 1.48%. The lowest was -32.38%. And the median was -16.05%.

ROCO:5271's ROE % is ranked worse than
66.43% of 2431 companies
in the Hardware industry
Industry Median: 4.66 vs ROCO:5271: 0.46

Horng Tong Enterprise Co  (ROCO:5271) 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:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=80.38/395.0245
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(80.38 / 753.912)*(753.912 / 1057.846)*(1057.846 / 395.0245)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.66 %*0.7127*2.6779
=ROA %*Equity Multiplier
=7.6 %*2.6779
=20.35 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=80.38/395.0245
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (80.38 / 83.366) * (83.366 / 44.3) * (44.3 / 753.912) * (753.912 / 1057.846) * (1057.846 / 395.0245)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9642 * 1.8819 * 5.88 % * 0.7127 * 2.6779
=20.35 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (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.


Horng Tong Enterprise Co ROE % Related Terms


Horng Tong Enterprise Co ROE % Historical Data

* Premium members only.

The historical data trend for Horng Tong Enterprise 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.

Horng Tong Enterprise Co ROE % Chart

Horng Tong Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.82 -16.12 -15.98 -19.95 0.44

Horng Tong Enterprise Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 -18.18 -12.89 -29.20 -19.82 20.35

ROCO:5271 vs SNDK, DELL, STX: ROE % Comparison

For the Computer Hardware subindustry, Horng Tong Enterprise 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.


Horng Tong Enterprise Co ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Horng Tong Enterprise Co's ROE % distribution charts can be found below:

* The bar in red indicates where Horng Tong Enterprise Co's ROE % falls into.


ROCO:5271
50GF Score
Horng Tong Enterprise Co Ltd ROCO:5271
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Horng Tong Enterprise Co ROE % Calculation

Horng Tong Enterprise Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1.816/( (404.415+419.998)/ 2 )
=1.816/412.2065
=0.44 %

Horng Tong Enterprise Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=80.38/( (370.051+419.998)/ 2 )
=80.38/395.0245
=20.35 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 20.35% mean?
Horng Tong Enterprise Co (ROCO:5271) has a ROE % of 20.35% 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 Horng Tong Enterprise Co and its competitors. According to the industry distribution chart, Horng Tong Enterprise Co ranks #1615 out of 2431 companies in the Hardware industry, placing it in the top 66.4%.
Is Horng Tong Enterprise Co's ROE % too high?
Horng Tong Enterprise Co's current ROE % is 20.35%. The Hardware industry median ROE % is 4.66. Horng Tong Enterprise Co's value of 20.35% is 336.7% above this industry median. Based on the distribution chart, Horng Tong Enterprise Co ranks #1615 out of 2431 companies in the Hardware industry, which is below the industry midpoint. Overall, Horng Tong Enterprise Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horng Tong Enterprise Co's ROE % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Horng Tong Enterprise Co ranks #1615 out of 2431 companies for ROE %. This places Horng Tong Enterprise Co in the lower half of its industry. The industry median ROE % is 4.66. Horng Tong Enterprise Co's value of 20.35% is 336.7% above this benchmark. 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 4.66, based on 2,431 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. Horng Tong Enterprise Co's current ROE % of 20.35% is 336.7% above 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 Horng Tong Enterprise Co and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horng Tong Enterprise Co's current ROE % is 20.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Tong Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Horng Tong Enterprise Co (ROCO:5271) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.86, compared to a current price of NT$13.85 — trading 56.3% above its estimated fair value. The current ROE % is 20.35% and 336.7% above the Hardware industry median of 4.66. Horng Tong Enterprise Co's overall GF Score™ is 50/100 with 5 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 Horng Tong Enterprise Co (ROCO:5271), the current ROE % is 20.35% 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 Horng Tong Enterprise Co (ROCO:5271) Overvalued in 2026?

Based on GuruFocus' analysis, Horng Tong Enterprise Co stock appears to be overvalued. The current stock price of NT$13.85 is trading 56.3% above its estimated GF Value™ of NT$8.86. GuruFocus considers Horng Tong Enterprise Co to be Significantly Overvalued.

Key valuation signals for ROCO:5271:

  • ROE %: 20.35%
  • GF Value™: NT$8.86 vs. price of NT$13.85 (56.3% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 336.7% above the Hardware median (#1615 of 2431)

No single metric tells the full story. See the ROCO:5271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horng Tong Enterprise Co Business Description

Address 3F Unit 7-8, Zhong-Xing Road, Section 1, Wugo District, New Taipei City, TWN, 248
Horng Tong Enterprise Co Ltd is a Taiwan based connector provider company. The company is engaged in designing, manufacturing and sales of consumer electronics products. Its main products include Motherboard, Notebook, connectors and TV/SET TOP BOX.
50GF Score

Get the complete analysis for ROCO:5271

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$13.85
Price
NT$8.86
GF Value