Taiwan Union Technology (ROCO:6274) ROE %: 27.49% (As of Mar. 2026) — 65% Above Median

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ROCO:6274 Taiwan Union Technology Corp ROCO:6274
72 GF Score
Price NT$1,170.00
GF Value NT$373.22
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Taiwan Union Technology ROE %?

Taiwan Union Technology ROCO:6274 -9.65% 72 ROE % is 27.49% as of Mar. 2026, which is 65% above its 10-year median of 16.67. GuruFocus rates ROCO:6274 with a GF Score™ of 72/100 and a GF Value™ of NT$373.22 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,429 Hardware companies, Taiwan Union Technology ranks better than 94.11% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Taiwan Union Technology's annualized net income for the quarter that ended in Mar. 2026 was NT$5,040 Mil. Taiwan Union Technology's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was NT$18,338 Mil. Therefore, Taiwan Union Technology's annualized ROE % for the quarter that ended in Mar. 2026 was 27.49%.

The historical rank and industry rank for Taiwan Union Technology's ROE % or its related term are showing as below:

ROCO:6274' s ROE % Range Over the Past 10 Years
Min: 7.03   Med: 16.67   Max: 25.24
Current: 25.24

During the past 13 years, Taiwan Union Technology's highest ROE % was 25.24%. The lowest was 7.03%. And the median was 16.67%.

ROCO:6274's ROE % is ranked better than
94.11% of 2429 companies
in the Hardware industry
Industry Median: 4.67 vs ROCO:6274: 25.24

Taiwan Union Technology  (ROCO:6274) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5040.176/18337.817
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5040.176 / 40215.864)*(40215.864 / 41999.6025)*(41999.6025 / 18337.817)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.53 %*0.9575*2.2903
=ROA %*Equity Multiplier
=12 %*2.2903
=27.49 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5040.176/18337.817
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5040.176 / 7495.404) * (7495.404 / 7315.096) * (7315.096 / 40215.864) * (40215.864 / 41999.6025) * (41999.6025 / 18337.817)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6724 * 1.0246 * 18.19 % * 0.9575 * 2.2903
=27.49 %

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


Taiwan Union Technology ROE % Related Terms


Taiwan Union Technology ROE % Historical Data

* Premium members only.

The historical data trend for Taiwan Union Technology'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.

Taiwan Union Technology ROE % Chart

Taiwan Union Technology 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 16.53 10.69 7.03 20.10 20.69

Taiwan Union Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.37 19.85 27.57 24.85 27.49

ROCO:6274 vs APH, GLW: ROE % Comparison

For the Electronic Components subindustry, Taiwan Union Technology'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.


Taiwan Union Technology ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Taiwan Union Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Taiwan Union Technology's ROE % falls into.


ROCO:6274
72GF Score
Taiwan Union Technology Corp ROCO:6274
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Union Technology ROE % Calculation

Taiwan Union Technology'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 )
=3409.149/( (14337.028+18614.03)/ 2 )
=3409.149/16475.529
=20.69 %

Taiwan Union Technology's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=5040.176/( (18614.03+18061.604)/ 2 )
=5040.176/18337.817
=27.49 %

* 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 (Mar. 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 27.49% mean?
Taiwan Union Technology (ROCO:6274) has a ROE % of 27.49% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Taiwan Union Technology and its competitors. This is 65% above median its historical median of 16.67. Over the past decade, Taiwan Union Technology's ROE % has ranged from 7.03 to 25.24. According to the industry distribution chart, Taiwan Union Technology ranks #143 out of 2429 companies in the Hardware industry, placing it in the top 5.9%.
Is Taiwan Union Technology's ROE % too high?
Taiwan Union Technology's current ROE % of 27.49% is 65% above median its 10-year median of 16.67. Over the past 10 years, this metric has ranged from a low of 7.03 to a high of 25.24. The Hardware industry median ROE % is 4.67. Taiwan Union Technology's value of 27.49% is 488.7% above this industry median. Based on the distribution chart, Taiwan Union Technology ranks #143 out of 2429 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Union Technology has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Union Technology's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Taiwan Union Technology ranks #143 out of 2429 companies for ROE %. This places Taiwan Union Technology in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 4.67. Taiwan Union Technology's value of 27.49% is 488.7% above this benchmark. Historically, Taiwan Union Technology's own ROE % has ranged from 7.03 to 25.24 over the past decade. While the company's 10-year median is 16.67 vs. the industry median of 4.67, Taiwan Union Technology 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 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. Taiwan Union Technology's current ROE % of 27.49% is 488.7% 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 Taiwan Union Technology 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. Taiwan Union Technology's current ROE % is 27.49%, which is 65% above median its own 10-year median of 16.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Union Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Union Technology (ROCO:6274) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$373.22, compared to a current price of NT$1,170.00 — trading 213.5% above its estimated fair value. The current ROE % is 27.49%, which is 65% above median its 10-year median of 16.67 and 488.7% above the Hardware industry median of 4.67. Taiwan Union Technology's overall GF Score™ is 72/100 with 4 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 Taiwan Union Technology (ROCO:6274), the current ROE % is 27.49% as of Mar. 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 Taiwan Union Technology (ROCO:6274) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Union Technology stock appears to be overvalued. The current stock price of NT$1,170.00 is trading 213.5% above its estimated GF Value™ of NT$373.22. GuruFocus considers Taiwan Union Technology to be Significantly Overvalued.

Key valuation signals for ROCO:6274:

  • ROE %: 27.49% (65% above median its 10-year median of 16.67)
  • GF Value™: NT$373.22 vs. price of NT$1,170.00 (213.5% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 488.7% above the Hardware median (#143 of 2429)

No single metric tells the full story. See the ROCO:6274 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Union Technology Business Description

Address 803 Bo-ai Street, Hsinchu County, Jhubei, TWN, 302045
Taiwan Union Technology Corp is engaged in the production and distribution of materials for printed circuit boards. The company mainly produces copper clad laminate, prepreg and mass lamination, and is a supplier of printed circuit boards. It segments includes reportable segments were as follows: Taiwan Union Technology Corporation; Mainland China and other subsidiaries. Geographically operates in Asia, and Others.
72GF Score

Get the complete analysis for ROCO:6274

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

NT$1,170.00
Price
NT$373.22
GF Value