Tait Marketing & Distribution Co (ROCO:5902) ROE %: 13.50% (As of Dec. 2025) — Near Median


ROCO:5902 Tait Marketing & Distribution Co Ltd ROCO:5902
82 GF Score
Price NT$33.30
GF Value NT$42.33
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Tait Marketing & Distribution Co ROE %?

Tait Marketing & Distribution Co ROCO:5902 -1.62% 82 ROE % is 13.50% as of Dec. 2025, which is 9% below its 10-year median of 14.88. GuruFocus rates ROCO:5902 with a GF Score™ of 82/100 and a GF Value™ of NT$42.33 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 306 Retail - Defensive companies, Tait Marketing & Distribution Co ranks better than 73.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tait Marketing & Distribution Co's annualized net income for the quarter that ended in Dec. 2025 was NT$172 Mil. Tait Marketing & Distribution Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$1,270 Mil. Therefore, Tait Marketing & Distribution Co's annualized ROE % for the quarter that ended in Dec. 2025 was 13.50%.

The historical rank and industry rank for Tait Marketing & Distribution Co's ROE % or its related term are showing as below:

ROCO:5902' s ROE % Range Over the Past 10 Years
Min: 3.81   Med: 14.88   Max: 16.91
Current: 16.91

During the past 13 years, Tait Marketing & Distribution Co's highest ROE % was 16.91%. The lowest was 3.81%. And the median was 14.88%.

ROCO:5902's ROE % is ranked better than
73.53% of 306 companies
in the Retail - Defensive industry
Industry Median: 8.56 vs ROCO:5902: 16.91

Tait Marketing & Distribution Co  (ROCO:5902) 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
=171.544/1270.2695
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(171.544 / 2014.252)*(2014.252 / 1688.2155)*(1688.2155 / 1270.2695)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.52 %*1.1931*1.329
=ROA %*Equity Multiplier
=10.17 %*1.329
=13.50 %

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
=171.544/1270.2695
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (171.544 / 214.272) * (214.272 / 205.072) * (205.072 / 2014.252) * (2014.252 / 1688.2155) * (1688.2155 / 1270.2695)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8006 * 1.0449 * 10.18 % * 1.1931 * 1.329
=13.50 %

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.


Tait Marketing & Distribution Co ROE % Related Terms


Tait Marketing & Distribution Co ROE % Historical Data

* Premium members only.

The historical data trend for Tait Marketing & Distribution 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.

Tait Marketing & Distribution Co ROE % Chart

Tait Marketing & Distribution 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 14.81 16.56 14.95 16.55 16.74

Tait Marketing & Distribution Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 10.55 16.08 20.19 18.16 13.50

ROCO:5902 vs SYY, USFD, PFGC: ROE % Comparison

For the Food Distribution subindustry, Tait Marketing & Distribution 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.


Tait Marketing & Distribution Co ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tait Marketing & Distribution Co's ROE % distribution charts can be found below:

* The bar in red indicates where Tait Marketing & Distribution Co's ROE % falls into.


ROCO:5902
82GF Score
Tait Marketing & Distribution Co Ltd ROCO:5902
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tait Marketing & Distribution Co ROE % Calculation

Tait Marketing & Distribution 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 )
=211.587/( (1235.907+1291.932)/ 2 )
=211.587/1263.9195
=16.74 %

Tait Marketing & Distribution 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: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=171.544/( (1248.607+1291.932)/ 2 )
=171.544/1270.2695
=13.50 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 13.50% mean?
Tait Marketing & Distribution Co (ROCO:5902) has a ROE % of 13.50% 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 Tait Marketing & Distribution Co and its competitors. This is near median its historical median of 14.88. Over the past decade, Tait Marketing & Distribution Co's ROE % has ranged from 3.81 to 16.91. According to the industry distribution chart, Tait Marketing & Distribution Co ranks #81 out of 306 companies in the Retail - Defensive industry, placing it in the top 26.5%.
Is Tait Marketing & Distribution Co's ROE % too high?
Tait Marketing & Distribution Co's current ROE % of 13.50% is near median its 10-year median of 14.88. Over the past 10 years, this metric has ranged from a low of 3.81 to a high of 16.91. The Retail - Defensive industry median ROE % is 8.56. Tait Marketing & Distribution Co's value of 13.50% is 57.7% above this industry median. Based on the distribution chart, Tait Marketing & Distribution Co ranks #81 out of 306 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Tait Marketing & Distribution Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tait Marketing & Distribution Co's ROE % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Tait Marketing & Distribution Co ranks #81 out of 306 companies for ROE %. This puts Tait Marketing & Distribution Co in the upper half of its industry. The industry median ROE % is 8.56. Tait Marketing & Distribution Co's value of 13.50% is 57.7% above this benchmark. Historically, Tait Marketing & Distribution Co's own ROE % has ranged from 3.81 to 16.91 over the past decade. While the company's 10-year median is 14.88 vs. the industry median of 8.56, Tait Marketing & Distribution Co 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.56, based on 306 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. Tait Marketing & Distribution Co's current ROE % of 13.50% is 57.7% 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 Tait Marketing & Distribution Co and its competitors. For the Retail - Defensive industry, the median ROE % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tait Marketing & Distribution Co's current ROE % is 13.50%, which is near median its own 10-year median of 14.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tait Marketing & Distribution Co stock overvalued right now?
Based on GuruFocus' analysis, Tait Marketing & Distribution Co (ROCO:5902) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.33, compared to a current price of NT$33.30 — trading 21.3% below its estimated fair value. The current ROE % is 13.50%, which is near median its 10-year median of 14.88 and 57.7% above the Retail - Defensive industry median of 8.56. Tait Marketing & Distribution Co's overall GF Score™ is 82/100 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 Tait Marketing & Distribution Co (ROCO:5902), the current ROE % is 13.50% 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 Tait Marketing & Distribution Co (ROCO:5902) Overvalued in 2026?

Based on GuruFocus' analysis, Tait Marketing & Distribution Co stock appears to be undervalued. The current stock price of NT$33.30 is trading 21.3% below its estimated GF Value™ of NT$42.33. GuruFocus considers Tait Marketing & Distribution Co to be Modestly Undervalued.

Key valuation signals for ROCO:5902:

  • ROE %: 13.50% (near median its 10-year median of 14.88)
  • GF Value™: NT$42.33 vs. price of NT$33.30 (21.3% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 57.7% above the Retail - Defensive median (#81 of 306)

No single metric tells the full story. See the ROCO:5902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tait Marketing & Distribution Co Business Description

Address No. 301, Zhongzheng Road, Yongkang District, Tainan, TWN, 710401
Tait Marketing & Distribution Co Ltd is engaged in the marketing, agency and distribution of various foods, beverages, liquors and supplies, bulk material trading, and manufacture and sale of tea beverage products. The company's products portfolio includes beverages, desserts, ice cream, snack foods, liquor, and water.
82GF Score

Get the complete analysis for ROCO:5902

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

NT$33.30
Price
NT$42.33
GF Value