TSG Development Co (ROCO:3521) 3-Year RORE % : -479.81% (As of Mar. 2026)

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ROCO:3521 TSG Development Co Ltd ROCO:3521
59 GF Score
Price NT$12.25
GF Value NT$10.85
Valuation Modestly Overvalued
! 3 Warning Signs
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What is TSG Development Co 3-Year RORE %?

TSG Development Co ROCO:3521 59 3-Year RORE % is -479.81 as of Mar. 2026. GuruFocus rates ROCO:3521 with a GF Score™ of 59/100 and a GF Value™ of NT$10.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,645 Construction companies, TSG Development Co ranks worse than 97.33% on this metric.

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. TSG Development Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was -479.81%.

The industry rank for TSG Development Co's 3-Year RORE % or its related term are showing as below:

ROCO:3521's 3-Year RORE % is ranked worse than
97.33% of 1645 companies
in the Construction industry
Industry Median: 7.35 vs ROCO:3521: -479.81

TSG Development Co  (ROCO:3521) 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.


TSG Development Co 3-Year RORE % Related Terms


TSG Development Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for TSG Development Co's 3-Year RORE % 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.

TSG Development Co 3-Year RORE % Chart

TSG Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21,350.00 18.97 16.64 -11.95 -67.89

TSG Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % 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 -23.62 -5.14 -30.02 -67.89 -479.81

ROCO:3521 vs PWR, FIX, EME: 3-Year RORE % Comparison

For the Engineering & Construction subindustry, TSG Development 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.


TSG Development Co 3-Year RORE % vs Construction Industry

For the Construction industry and Industrials sector, TSG Development Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where TSG Development Co's 3-Year RORE % falls into.


ROCO:3521
59GF Score
TSG Development Co Ltd ROCO:3521
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSG Development Co 3-Year RORE % Calculation

TSG Development Co's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 2.35--2.64 )/( -1.04-0 )
=4.99/-1.04
=-479.81 %

* 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.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -479.81 mean?
TSG Development Co (ROCO:3521) has a 3-Year RORE % of -479.81 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 TSG Development Co and its competitors. According to the industry distribution chart, TSG Development Co ranks #1601 out of 1645 companies in the Construction industry, placing it in the top 97.3%.
Is TSG Development Co's 3-Year RORE % too high?
TSG Development Co's current 3-Year RORE % is -479.81. Based on the distribution chart, TSG Development Co ranks #1601 out of 1645 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, TSG Development Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSG Development Co's 3-Year RORE % compare to PWR and FIX?
According to the Construction industry distribution chart, TSG Development Co ranks #1601 out of 1645 companies for 3-Year RORE %. This places TSG Development Co in the lower half of its industry. The industry median 3-Year RORE % is 7.35. 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 Construction company?
The median 3-Year RORE % among Construction companies is 7.35, based on 1,645 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. 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 TSG Development Co and its competitors. For the Construction industry, the median 3-Year RORE % is 7.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSG Development Co's current 3-Year RORE % is -479.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSG Development Co stock overvalued right now?
Based on GuruFocus' analysis, TSG Development Co (ROCO:3521) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$10.85, compared to a current price of NT$12.25 — trading 12.9% above its estimated fair value. The current 3-Year RORE % is -479.81. TSG Development Co's overall GF Score™ is 59/100 with 3 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 TSG Development Co (ROCO:3521), the current 3-Year RORE % is -479.81 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 TSG Development Co (ROCO:3521) Overvalued in 2026?

Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued. The current stock price of NT$12.25 is trading 12.9% above its estimated GF Value™ of NT$10.85. GuruFocus considers TSG Development Co to be Modestly Overvalued.

Key valuation signals for ROCO:3521:

  • 3-Year RORE %: -479.81
  • GF Value™: NT$10.85 vs. price of NT$12.25 (12.9% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSG Development Co Business Description

Address 25th Floor, No. 502, Jiuru 1st Road, Sanmin District, Kaohsiung City, Taipei, TWN, 235
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
59GF Score

Get the complete analysis for ROCO:3521

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

NT$12.25
Price
NT$10.85
GF Value