Baotek Industrial Materials (ROCO:5340) ROE %: 18.31% (As of Jun. 2026) — 190% Above Median

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ROCO:5340 Baotek Industrial Materials Ltd ROCO:5340
90 GF Score
Price NT$80.80
GF Value NT$82.55
Valuation Fairly Valued
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What is Baotek Industrial Materials ROE %?

Baotek Industrial Materials ROCO:5340 +4.94% 90 ROE % is 18.31% as of Jun. 2026, which is 190% above its 10-year median of 6.31. GuruFocus rates ROCO:5340 with a GF Score™ of 90/100 and a GF Value™ of NT$82.55 (Fairly Valued). Among 1,028 Manufacturing - Apparel & Accessories companies, Baotek Industrial Materials ranks better than 83.17% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Baotek Industrial Materials's annualized net income for the quarter that ended in Jun. 2026 was NT$425 Mil. Baotek Industrial Materials's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was NT$2,320 Mil. Therefore, Baotek Industrial Materials's annualized ROE % for the quarter that ended in Jun. 2026 was 18.31%.

The historical rank and industry rank for Baotek Industrial Materials's ROE % or its related term are showing as below:

ROCO:5340' s ROE % Range Over the Past 10 Years
Min: 1.29   Med: 6.31   Max: 15.73
Current: 15.73

During the past 13 years, Baotek Industrial Materials's highest ROE % was 15.73%. The lowest was 1.29%. And the median was 6.31%.

ROCO:5340's ROE % is ranked better than
83.17% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.54 vs ROCO:5340: 15.73

Baotek Industrial Materials  (ROCO:5340) 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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=424.74/2319.547
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(424.74 / 2823.708)*(2823.708 / 3058.0475)*(3058.0475 / 2319.547)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.04 %*0.9234*1.3184
=ROA %*Equity Multiplier
=13.89 %*1.3184
=18.31 %

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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=424.74/2319.547
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (424.74 / 530.924) * (530.924 / 519.196) * (519.196 / 2823.708) * (2823.708 / 3058.0475) * (3058.0475 / 2319.547)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8 * 1.0226 * 18.39 % * 0.9234 * 1.3184
=18.31 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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.


Baotek Industrial Materials ROE % Related Terms


Baotek Industrial Materials ROE % Historical Data

* Premium members only.

The historical data trend for Baotek Industrial Materials'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.

Baotek Industrial Materials ROE % Chart

Baotek Industrial Materials 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 2.94 4.49 1.29 7.49 10.58

Baotek Industrial Materials Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.90 14.58 14.22 15.68 18.31

Baotek Industrial Materials ROE % Competitor Comparison

For the Textile Manufacturing subindustry, Baotek Industrial Materials'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.


Baotek Industrial Materials ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Baotek Industrial Materials's ROE % distribution charts can be found below:

* The bar in red indicates where Baotek Industrial Materials's ROE % falls into.


ROCO:5340
90GF Score
Baotek Industrial Materials Ltd ROCO:5340
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Baotek Industrial Materials ROE % Calculation

Baotek Industrial Materials'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 )
=232.335/( (2099.777+2294.033)/ 2 )
=232.335/2196.905
=10.58 %

Baotek Industrial Materials's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=424.74/( (2266.455+2372.639)/ 2 )
=424.74/2319.547
=18.31 %

* 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 (Jun. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 18.31% mean?
Baotek Industrial Materials (ROCO:5340) has a ROE % of 18.31% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Baotek Industrial Materials and its competitors. This is 190% above median its historical median of 6.31. Over the past decade, Baotek Industrial Materials' ROE % has ranged from 1.29 to 15.73. According to the industry distribution chart, Baotek Industrial Materials ranks #173 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 16.8%.
Is Baotek Industrial Materials' ROE % too high?
Baotek Industrial Materials' current ROE % of 18.31% is 190% above median its 10-year median of 6.31. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 15.73. The Manufacturing - Apparel & Accessories industry median ROE % is 4.54. Baotek Industrial Materials' value of 18.31% is 303.3% above this industry median. Based on the distribution chart, Baotek Industrial Materials ranks #173 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Baotek Industrial Materials has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baotek Industrial Materials' ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Baotek Industrial Materials ranks #173 out of 1028 companies for ROE %. This places Baotek Industrial Materials in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 4.54. Baotek Industrial Materials' value of 18.31% is 303.3% above this benchmark. Historically, Baotek Industrial Materials' own ROE % has ranged from 1.29 to 15.73 over the past decade. While the company's 10-year median is 6.31 vs. the industry median of 4.54, Baotek Industrial Materials has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.54, based on 1,028 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. Baotek Industrial Materials's current ROE % of 18.31% is 303.3% 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 Baotek Industrial Materials and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baotek Industrial Materials's current ROE % is 18.31%, which is 190% above median its own 10-year median of 6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baotek Industrial Materials stock overvalued right now?
Based on GuruFocus' analysis, Baotek Industrial Materials (ROCO:5340) is currently considered Fairly Valued. The stock's GF Value™ is NT$82.55, compared to a current price of NT$80.80 — trading 2.1% below its estimated fair value. The current ROE % is 18.31%, which is 190% above median its 10-year median of 6.31 and 303.3% above the Manufacturing - Apparel & Accessories industry median of 4.54. Baotek Industrial Materials' overall GF Score™ is 90/100. 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 Baotek Industrial Materials (ROCO:5340), the current ROE % is 18.31% as of Jun. 2026. 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 Baotek Industrial Materials (ROCO:5340) Overvalued in 2026?

Based on GuruFocus' analysis, Baotek Industrial Materials stock appears to be undervalued. The current stock price of NT$80.80 is trading 2.1% below its estimated GF Value™ of NT$82.55. GuruFocus considers Baotek Industrial Materials to be Fairly Valued.

Key valuation signals for ROCO:5340:

  • ROE %: 18.31% (190% above median its 10-year median of 6.31)
  • GF Value™: NT$82.55 vs. price of NT$80.80 (2.1% below fair value)
  • GF Score™: 90/100
  • Industry Position: 303.3% above the Manufacturing - Apparel & Accessories median (#173 of 1028)

No single metric tells the full story. See the ROCO:5340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baotek Industrial Materials Business Description

Address No. 277, Minfeng Road, Yang Mei District, Taoyuan, TWN, 326
Baotek Industrial Materials Ltd is a Taiwan-based company engaged in manufacturing high-end fiberglass fabrics for copper-clad laminates of various electronic applications. It offers products for industrial purposes, such as aerospace fiberglass, filter bags, fiberglass sun shade, PTFE, and electronic products. Its Electronic Grade Fiberglass products encompass copper-clad laminates for electronic applications. The company generates the majority of its revenue from Taiwan and also has a presence in Japan, China, America, and Other countries.
90GF Score

Get the complete analysis for ROCO:5340

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

NT$80.80
Price
NT$82.55
GF Value