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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Tang Eng Iron Works Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was -6.23%.
The industry rank for Tang Eng Iron Works Co's 3-Year RORE % or its related term are showing as below:
ROCO:2035's 3-Year RORE % is ranked worse than 54.77% of 597
companies
in the Steel industry
Industry Median: -0.61
vs ROCO:2035: -6.23
Tang Eng Iron Works Co (ROCO:2035) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Tang Eng Iron Works Co 3-Year RORE % Related Terms
Tang Eng Iron Works Co 3-Year RORE % Historical Data
* 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.
ROCO:2035 vs NUE, STLD, RS: 3-Year RORE % Comparison
For the Steel subindustry, Tang Eng Iron Works Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.
Tang Eng Iron Works Co 3-Year RORE % vs Steel Industry
For the Steel industry and Basic Materials sector, Tang Eng Iron Works Co's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Tang Eng Iron Works Co's 3-Year RORE % 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.
Tang Eng Iron Works Co (ROCO:2035) has a 3-Year RORE % of -6.23 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Tang Eng Iron Works Co and its competitors. According to the industry distribution chart, Tang Eng Iron Works Co ranks #327 out of 597 companies in the Steel industry, placing it in the top 54.8%.
Is Tang Eng Iron Works Co's 3-Year RORE % too high?
Tang Eng Iron Works Co's current 3-Year RORE % is -6.23. Based on the distribution chart, Tang Eng Iron Works Co ranks #327 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Tang Eng Iron Works Co has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tang Eng Iron Works Co's 3-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, Tang Eng Iron Works Co ranks #327 out of 597 companies for 3-Year RORE %. This places Tang Eng Iron Works Co in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Steel company?
A good 3-Year RORE % depends on the Steel industry context. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Tang Eng Iron Works Co and its competitors. Tang Eng Iron Works Co's current 3-Year RORE % is -6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tang Eng Iron Works Co stock overvalued right now?
Based on GuruFocus' analysis, Tang Eng Iron Works Co (ROCO:2035) is currently considered Fairly Valued. The stock's GF Value™ is NT$24.97, compared to a current price of NT$26.20 — trading 4.9% above its estimated fair value. The current 3-Year RORE % is -6.23. Tang Eng Iron Works Co's overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Tang Eng Iron Works Co (ROCO:2035), the current 3-Year RORE % is -6.23 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 Tang Eng Iron Works Co (ROCO:2035) Overvalued in 2026?
Based on GuruFocus' analysis, Tang Eng Iron Works Co stock appears to be overvalued.
The current stock price of NT$26.20 is trading 4.9% above its estimated GF Value™ of NT$24.97.
GuruFocus considers Tang Eng Iron Works Co to be Fairly Valued.
Key valuation signals for ROCO:2035:
3-Year RORE %: -6.23
GF Value™: NT$24.97 vs. price of NT$26.20 (4.9% above fair value)
No single metric tells the full story. See the ROCO:2035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tang Eng Iron Works Co Ltd is engaged in the manufacture and trading of stainless steel products. Its products include Anti-bacterial Stainless-Steel Coils and Products; Crimped Steel Board; Anti-bacterial Stainless-Steel Products; Duplex Stainless Steel; and Precipitation Hardening Stainless Steel. The company has only one reportable segment: the stainless steel segment that mainly manufactures and trades stainless steel products.
46GF Score
Get the complete analysis for ROCO:2035
3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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