Shiny Brands Group Co (ROCO:6703) ROE %: 44.39% (As of Dec. 2025) — 82% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6703 Shiny Brands Group Co Ltd ROCO:6703
92 GF Score
Price NT$118.00
GF Value NT$183.17
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Shiny Brands Group Co ROE %?

Shiny Brands Group Co ROCO:6703 +0.43% 92 ROE % is 44.39% as of Dec. 2025, which is 82% above its 10-year median of 24.42. GuruFocus rates ROCO:6703 with a GF Score™ of 92/100 and a GF Value™ of NT$183.17 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,920 Consumer Packaged Goods companies, Shiny Brands Group Co ranks better than 91.3% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shiny Brands Group Co's annualized net income for the quarter that ended in Dec. 2025 was NT$541 Mil. Shiny Brands Group Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$1,218 Mil. Therefore, Shiny Brands Group Co's annualized ROE % for the quarter that ended in Dec. 2025 was 44.39%.

The historical rank and industry rank for Shiny Brands Group Co's ROE % or its related term are showing as below:

ROCO:6703' s ROE % Range Over the Past 10 Years
Min: 15.61   Med: 24.42   Max: 37.33
Current: 27.2

During the past 11 years, Shiny Brands Group Co's highest ROE % was 37.33%. The lowest was 15.61%. And the median was 24.42%.

ROCO:6703's ROE % is ranked better than
91.3% of 1920 companies
in the Consumer Packaged Goods industry
Industry Median: 6.755 vs ROCO:6703: 27.20

Shiny Brands Group Co  (ROCO:6703) 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
=540.756/1218.318
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(540.756 / 4413.316)*(4413.316 / 2220.245)*(2220.245 / 1218.318)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.25 %*1.9878*1.8224
=ROA %*Equity Multiplier
=24.35 %*1.8224
=44.39 %

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
=540.756/1218.318
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (540.756 / 684.272) * (684.272 / 677.204) * (677.204 / 4413.316) * (4413.316 / 2220.245) * (2220.245 / 1218.318)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7903 * 1.0104 * 15.34 % * 1.9878 * 1.8224
=44.39 %

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.


Shiny Brands Group Co ROE % Related Terms


Shiny Brands Group Co ROE % Historical Data

* Premium members only.

The historical data trend for Shiny Brands Group 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.

Shiny Brands Group Co ROE % Chart

Shiny Brands Group 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 15.61 18.77 35.06 23.38 25.45

Shiny Brands Group 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 24.32 16.89 29.77 19.01 44.39

ROCO:6703 vs PG, CL, KVUE: ROE % Comparison

For the Household & Personal Products subindustry, Shiny Brands Group 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.


Shiny Brands Group Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiny Brands Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shiny Brands Group Co's ROE % falls into.


ROCO:6703
92GF Score
Shiny Brands Group Co Ltd ROCO:6703
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shiny Brands Group Co ROE % Calculation

Shiny Brands Group 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 )
=324.017/( (1256.2+1290.49)/ 2 )
=324.017/1273.345
=25.45 %

Shiny Brands Group 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 )
=540.756/( (1146.146+1290.49)/ 2 )
=540.756/1218.318
=44.39 %

* 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 44.39% mean?
Shiny Brands Group Co (ROCO:6703) has a ROE % of 44.39% 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 Shiny Brands Group Co and its competitors. This is 82% above median its historical median of 24.42. Over the past decade, Shiny Brands Group Co's ROE % has ranged from 15.61 to 37.33. According to the industry distribution chart, Shiny Brands Group Co ranks #167 out of 1920 companies in the Consumer Packaged Goods industry, placing it in the top 8.7%.
Is Shiny Brands Group Co's ROE % too high?
Shiny Brands Group Co's current ROE % of 44.39% is 82% above median its 10-year median of 24.42. Over the past 10 years, this metric has ranged from a low of 15.61 to a high of 37.33. The Consumer Packaged Goods industry median ROE % is 6.76. Shiny Brands Group Co's value of 44.39% is 557.1% above this industry median. Based on the distribution chart, Shiny Brands Group Co ranks #167 out of 1920 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shiny Brands Group Co has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shiny Brands Group Co's ROE % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shiny Brands Group Co ranks #167 out of 1920 companies for ROE %. This places Shiny Brands Group Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 6.76. Shiny Brands Group Co's value of 44.39% is 557.1% above this benchmark. Historically, Shiny Brands Group Co's own ROE % has ranged from 15.61 to 37.33 over the past decade. While the company's 10-year median is 24.42 vs. the industry median of 6.76, Shiny Brands Group 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.76, based on 1,920 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. Shiny Brands Group Co's current ROE % of 44.39% is 557.1% 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 Shiny Brands Group Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiny Brands Group Co's current ROE % is 44.39%, which is 82% above median its own 10-year median of 24.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiny Brands Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shiny Brands Group Co (ROCO:6703) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$183.17, compared to a current price of NT$118.00 — trading 35.6% below its estimated fair value. The current ROE % is 44.39%, which is 82% above median its 10-year median of 24.42 and 557.1% above the Consumer Packaged Goods industry median of 6.76. Shiny Brands Group Co's overall GF Score™ is 92/100 with 6 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 Shiny Brands Group Co (ROCO:6703), the current ROE % is 44.39% 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 Shiny Brands Group Co (ROCO:6703) Overvalued in 2026?

Based on GuruFocus' analysis, Shiny Brands Group Co stock appears to be undervalued. The current stock price of NT$118.00 is trading 35.6% below its estimated GF Value™ of NT$183.17. GuruFocus considers Shiny Brands Group Co to be Significantly Undervalued.

Key valuation signals for ROCO:6703:

  • ROE %: 44.39% (82% above median its 10-year median of 24.42)
  • GF Value™: NT$183.17 vs. price of NT$118.00 (35.6% below fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 557.1% above the Consumer Packaged Goods median (#167 of 1920)

No single metric tells the full story. See the ROCO:6703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiny Brands Group Co Business Description

Address No.311, Fuxing North Road, 6th and 7th floors, Songshan District, Taipei, TWN, 105
Shiny Brands Group Co Ltd is engaged in the manufacturing and sale of cosmetics and beauty products ranging from basic skincare to a full range of maintenance products. It sells its products under the brand names SEXYLOOK Beauty, MIRAE Future Beauty, and LUDEYA Ludia. Products offered by the company include black masks, and ear-hooked face masks, among others.
92GF Score

Get the complete analysis for ROCO:6703

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

NT$118.00
Price
NT$183.17
GF Value