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Hui Min Environmental Tech (ROCO:6971) 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:
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.
* 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.
For the Pollution & Treatment Controls subindustry, Hui Min Environmental Tech'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.
Hui Min Environmental Tech ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hui Min Environmental Tech's ROE % distribution charts can be found below:
* The bar in red indicates where Hui Min Environmental Tech's ROE % falls into.
* 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.
Hui Min Environmental Tech (ROCO:6971) has a ROE % of 11.40% 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 Hui Min Environmental Tech and its competitors. This is near median its historical median of 10.68. Over the past decade, Hui Min Environmental Tech's ROE % has ranged from 6.65 to 16.00. According to the industry distribution chart, Hui Min Environmental Tech ranks #968 out of 3012 companies in the Industrial Products industry, placing it in the top 32.1%.
Is Hui Min Environmental Tech's ROE % too high?
Hui Min Environmental Tech's current ROE % of 11.40% is near median its 10-year median of 10.68. Over the past 10 years, this metric has ranged from a low of 6.65 to a high of 16.00. The Industrial Products industry median ROE % is 6.19. Hui Min Environmental Tech's value of 11.40% is 84.2% above this industry median. Based on the distribution chart, Hui Min Environmental Tech ranks #968 out of 3012 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hui Min Environmental Tech has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hui Min Environmental Tech's ROE % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Hui Min Environmental Tech ranks #968 out of 3012 companies for ROE %. This puts Hui Min Environmental Tech in the upper half of its industry. The industry median ROE % is 6.19. Hui Min Environmental Tech's value of 11.40% is 84.2% above this benchmark. Historically, Hui Min Environmental Tech's own ROE % has ranged from 6.65 to 16.00 over the past decade. While the company's 10-year median is 10.68 vs. the industry median of 6.19, Hui Min Environmental Tech 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 6.19, based on 3,012 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. Hui Min Environmental Tech's current ROE % of 11.40% is 84.2% 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 Hui Min Environmental Tech and its competitors. For the Industrial Products industry, the median ROE % is 6.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hui Min Environmental Tech's current ROE % is 11.40%, which is near median its own 10-year median of 10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hui Min Environmental Tech stock overvalued right now?
Based on GuruFocus' analysis, Hui Min Environmental Tech (ROCO:6971) is currently considered Possible Value Trap. The stock's GF Value™ is NT$47.26, compared to a current price of NT$26.15 — trading 44.7% below its estimated fair value. The current ROE % is 11.40%, which is near median its 10-year median of 10.68 and 84.2% above the Industrial Products industry median of 6.19. Hui Min Environmental Tech's overall GF Score™ is 32/100 with 7 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 Hui Min Environmental Tech (ROCO:6971), the current ROE % is 11.40% 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 Hui Min Environmental Tech (ROCO:6971) Overvalued in 2026?
Based on GuruFocus' analysis, Hui Min Environmental Tech stock appears to be undervalued.
The current stock price of NT$26.15 is trading 44.7% below its estimated GF Value™ of NT$47.26.
GuruFocus considers Hui Min Environmental Tech to be Possible Value Trap.
Key valuation signals for ROCO:6971:
ROE %: 11.40% (near median its 10-year median of 10.68)
GF Value™: NT$47.26 vs. price of NT$26.15 (44.7% below fair value)
Industry Position: 84.2% above the Industrial Products median (#968 of 3012)
No single metric tells the full story. See the ROCO:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hui Min Environmental Tech Corp is an environmental protection engineering construction company. It is engaged in the environmental protection business and provides environmental engineering and related professional and technical services and also includes equipment manufacturing, sales of constructions, and operational maintenance of government contracts.
32GF Score
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