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Hi-Lai Foods CoROCO:1268 +0.83%80 Return-on-Tangible-Asset is 13.98% as of Mar. 2026, which is 122% above its 10-year median of 6.29. GuruFocus rates ROCO:1268 with a GF Score™ of 80/100 and a GF Value™ of NT$185.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 364 Restaurants companies, Hi-Lai Foods Co ranks better than 71.43% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Hi-Lai Foods Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$992 Mil. Hi-Lai Foods Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$7,097 Mil. Therefore, Hi-Lai Foods Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.98%.
The historical rank and industry rank for Hi-Lai Foods Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:1268'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.65 Med: 6.29 Max: 9.79
Current: 6.98
During the past 13 years, Hi-Lai Foods Co's highest Return-on-Tangible-Asset was 9.79%. The lowest was 1.65%. And the median was 6.29%.
ROCO:1268's Return-on-Tangible-Asset is ranked better than 71.43% of 364
companies
in the Restaurants industry
Industry Median: 2.375
vs ROCO:1268: 6.98
Hi-Lai Foods Co (ROCO:1268) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Hi-Lai Foods Co Return-on-Tangible-Asset Related Terms
Hi-Lai Foods Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hi-Lai Foods Co's Return-on-Tangible-Asset 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.
ROCO:1268 vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, Hi-Lai Foods Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Hi-Lai Foods Co Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Hi-Lai Foods Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hi-Lai Foods Co's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 13.98% mean?
Hi-Lai Foods Co (ROCO:1268) has a Return-on-Tangible-Asset of 13.98% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hi-Lai Foods Co and its competitors. This is 122% above median its historical median of 6.29. Over the past decade, Hi-Lai Foods Co's Return-on-Tangible-Asset has ranged from 1.65 to 9.79. According to the industry distribution chart, Hi-Lai Foods Co ranks #104 out of 364 companies in the Restaurants industry, placing it in the top 28.6%.
Is Hi-Lai Foods Co's Return-on-Tangible-Asset too high?
Hi-Lai Foods Co's current Return-on-Tangible-Asset of 13.98% is 122% above median its 10-year median of 6.29. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 9.79. The Restaurants industry median Return-on-Tangible-Asset is 2.38. Hi-Lai Foods Co's value of 13.98% is 488.6% above this industry median. Based on the distribution chart, Hi-Lai Foods Co ranks #104 out of 364 companies in the Restaurants industry, which is above the industry midpoint. Overall, Hi-Lai Foods Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hi-Lai Foods Co's Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Hi-Lai Foods Co ranks #104 out of 364 companies for Return-on-Tangible-Asset. This puts Hi-Lai Foods Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.38. Hi-Lai Foods Co's value of 13.98% is 488.6% above this benchmark. Historically, Hi-Lai Foods Co's own Return-on-Tangible-Asset has ranged from 1.65 to 9.79 over the past decade. While the company's 10-year median is 6.29 vs. the industry median of 2.38, Hi-Lai Foods 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 Return-on-Tangible-Asset for a Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.38, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hi-Lai Foods Co's current Return-on-Tangible-Asset of 13.98% is 488.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hi-Lai Foods Co and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Lai Foods Co's current Return-on-Tangible-Asset is 13.98%, which is 122% above median its own 10-year median of 6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Lai Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Hi-Lai Foods Co (ROCO:1268) is currently considered Fairly Valued. The stock's GF Value™ is NT$185.86, compared to a current price of NT$181.50 — trading 2.3% below its estimated fair value. The current Return-on-Tangible-Asset is 13.98%, which is 122% above median its 10-year median of 6.29 and 488.6% above the Restaurants industry median of 2.38. Hi-Lai Foods Co's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Hi-Lai Foods Co (ROCO:1268), the current Return-on-Tangible-Asset is 13.98% 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 Hi-Lai Foods Co (ROCO:1268) Overvalued in 2026?
Based on GuruFocus' analysis, Hi-Lai Foods Co stock appears to be undervalued.
The current stock price of NT$181.50 is trading 2.3% below its estimated GF Value™ of NT$185.86.
GuruFocus considers Hi-Lai Foods Co to be Fairly Valued.
Key valuation signals for ROCO:1268:
Return-on-Tangible-Asset: 13.98% (122% above median its 10-year median of 6.29)
GF Value™: NT$185.86 vs. price of NT$181.50 (2.3% below fair value)
Industry Position: 488.6% above the Restaurants median (#104 of 364)
No single metric tells the full story. See the ROCO:1268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Lai Foods Co Ltd is a Taiwan-based food and beverages company. The company has large team of chefs and a professional brand marketing team, continuously developing new food, beverage, and dessert products, coupled with high-quality service and ambiance to attract diverse consumer groups.
80GF Score
Get the complete analysis for ROCO:1268
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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