Macauto Industrial Co (ROCO:9951) ROE %: 13.23% (As of Dec. 2025) — 11% Below Median


ROCO:9951 Macauto Industrial Co Ltd ROCO:9951
82 GF Score
Price NT$53.20
GF Value NT$86.97
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Macauto Industrial Co ROE %?

Macauto Industrial Co ROCO:9951 -0.56% 82 ROE % is 13.23% as of Dec. 2025, which is 11% below its 10-year median of 14.83. GuruFocus rates ROCO:9951 with a GF Score™ of 82/100 and a GF Value™ of NT$86.97 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Macauto Industrial Co ranks better than 67.13% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Macauto Industrial Co's annualized net income for the quarter that ended in Dec. 2025 was NT$490 Mil. Macauto Industrial Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$3,702 Mil. Therefore, Macauto Industrial Co's annualized ROE % for the quarter that ended in Dec. 2025 was 13.23%.

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

ROCO:9951' s ROE % Range Over the Past 10 Years
Min: 8.64   Med: 14.83   Max: 34.02
Current: 10.7

During the past 13 years, Macauto Industrial Co's highest ROE % was 34.02%. The lowest was 8.64%. And the median was 14.83%.

ROCO:9951's ROE % is ranked better than
67.13% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs ROCO:9951: 10.70

Macauto Industrial Co  (ROCO:9951) 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
=489.708/3701.684
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(489.708 / 6952.608)*(6952.608 / 6158.2045)*(6158.2045 / 3701.684)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.04 %*1.129*1.6636
=ROA %*Equity Multiplier
=7.95 %*1.6636
=13.23 %

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
=489.708/3701.684
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (489.708 / 699.248) * (699.248 / 474.464) * (474.464 / 6952.608) * (6952.608 / 6158.2045) * (6158.2045 / 3701.684)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7003 * 1.4738 * 6.82 % * 1.129 * 1.6636
=13.23 %

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.


Macauto Industrial Co ROE % Related Terms


Macauto Industrial Co ROE % Historical Data

* Premium members only.

The historical data trend for Macauto Industrial 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.

Macauto Industrial Co ROE % Chart

Macauto Industrial 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 12.87 12.71 12.39 8.64 10.40

Macauto Industrial 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 10.13 14.40 2.86 12.43 13.23

ROCO:9951 vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Macauto Industrial 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.


Macauto Industrial Co ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Macauto Industrial Co's ROE % distribution charts can be found below:

* The bar in red indicates where Macauto Industrial Co's ROE % falls into.


ROCO:9951
82GF Score
Macauto Industrial Co Ltd ROCO:9951
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macauto Industrial Co ROE % Calculation

Macauto Industrial 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 )
=389.889/( (3676.125+3820.731)/ 2 )
=389.889/3748.428
=10.40 %

Macauto Industrial 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 )
=489.708/( (3582.637+3820.731)/ 2 )
=489.708/3701.684
=13.23 %

* 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 13.23% mean?
Macauto Industrial Co (ROCO:9951) has a ROE % of 13.23% 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 Macauto Industrial Co and its competitors. This is 11% below median its historical median of 14.83. Over the past decade, Macauto Industrial Co's ROE % has ranged from 8.64 to 34.02. According to the industry distribution chart, Macauto Industrial Co ranks #430 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 32.9%.
Is Macauto Industrial Co's ROE % too high?
Macauto Industrial Co's current ROE % of 13.23% is 11% below median its 10-year median of 14.83. Over the past 10 years, this metric has ranged from a low of 8.64 to a high of 34.02. The Vehicles & Parts industry median ROE % is 6.62. Macauto Industrial Co's value of 13.23% is 99.8% above this industry median. Based on the distribution chart, Macauto Industrial Co ranks #430 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Macauto Industrial Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Macauto Industrial Co's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Macauto Industrial Co ranks #430 out of 1308 companies for ROE %. This puts Macauto Industrial Co in the upper half of its industry. The industry median ROE % is 6.62. Macauto Industrial Co's value of 13.23% is 99.8% above this benchmark. Historically, Macauto Industrial Co's own ROE % has ranged from 8.64 to 34.02 over the past decade. While the company's 10-year median is 14.83 vs. the industry median of 6.62, Macauto Industrial 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. Macauto Industrial Co's current ROE % of 13.23% is 99.8% 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 Macauto Industrial Co and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macauto Industrial Co's current ROE % is 13.23%, which is 11% below median its own 10-year median of 14.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macauto Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Macauto Industrial Co (ROCO:9951) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$86.97, compared to a current price of NT$53.20 — trading 38.8% below its estimated fair value. The current ROE % is 13.23%, which is 11% below median its 10-year median of 14.83 and 99.8% above the Vehicles & Parts industry median of 6.62. Macauto Industrial 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 Macauto Industrial Co (ROCO:9951), the current ROE % is 13.23% 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 Macauto Industrial Co (ROCO:9951) Overvalued in 2026?

Based on GuruFocus' analysis, Macauto Industrial Co stock appears to be undervalued. The current stock price of NT$53.20 is trading 38.8% below its estimated GF Value™ of NT$86.97. GuruFocus considers Macauto Industrial Co to be Significantly Undervalued.

Key valuation signals for ROCO:9951:

  • ROE %: 13.23% (11% below median its 10-year median of 14.83)
  • GF Value™: NT$86.97 vs. price of NT$53.20 (38.8% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 99.8% above the Vehicles & Parts median (#430 of 1308)

No single metric tells the full story. See the ROCO:9951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macauto Industrial Co Business Description

Address No. 6, Yongke 5th Road, 16 Wangxingli, Yongkang District, Tainan, TWN, 710
Macauto Industrial Co Ltd is a Taiwan based company principally engaged in the production of the automotive sunshade and cordless garden tools. The Company recognizes revenue on manufactures and sells Automobile Sun Shade and other related products. Auto sun shade products range include manual rear shade, electric rear shade-full cover, electric rear shade-arm type, manual sunroof sunshade, electric sunroof sunshade, tonneau cover, safety net, wind deflector. Cordless garden tools include lawn mower, trimmer, electric pruning shear, power wheelbarrow, robotic mower and robotic golf caddy cart. In addition, the company also manufactures accessories for smartphone and tablets. The company also has its business presence across the regions of USA, China, Korea, and other countries.
82GF Score

Get the complete analysis for ROCO:9951

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

NT$53.20
Price
NT$86.97
GF Value