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Chi Hua Fitness CoROCO:1593 -0.63%73 Return-on-Tangible-Asset is 4.79% as of Mar. 2026, which is 56% below its 10-year median of 10.91. GuruFocus rates ROCO:1593 with a GF Score™ of 73/100 and a GF Value™ of NT$48.64 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 857 Travel & Leisure companies, Chi Hua Fitness Co ranks better than 64.06% 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. Chi Hua Fitness Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$92 Mil. Chi Hua Fitness Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$1,920 Mil. Therefore, Chi Hua Fitness Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.79%.
The historical rank and industry rank for Chi Hua Fitness Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:1593'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.79 Med: 10.91 Max: 12.03
Current: 5
During the past 13 years, Chi Hua Fitness Co's highest Return-on-Tangible-Asset was 12.03%. The lowest was 2.79%. And the median was 10.91%.
ROCO:1593's Return-on-Tangible-Asset is ranked better than 64.06% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.86
vs ROCO:1593: 5.00
Chi Hua Fitness Co (ROCO:1593) 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.
Chi Hua Fitness Co Return-on-Tangible-Asset Related Terms
Chi Hua Fitness Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Chi Hua Fitness 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:1593 vs AS, HAS, LTH: Return-on-Tangible-Asset Comparison
For the Leisure subindustry, Chi Hua Fitness 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.
Chi Hua Fitness Co Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Chi Hua Fitness Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chi Hua Fitness 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 4.79% mean?
Chi Hua Fitness Co (ROCO:1593) has a Return-on-Tangible-Asset of 4.79% 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 Chi Hua Fitness Co and its competitors. This is 56% below median its historical median of 10.91. Over the past decade, Chi Hua Fitness Co's Return-on-Tangible-Asset has ranged from 2.79 to 12.03. According to the industry distribution chart, Chi Hua Fitness Co ranks #308 out of 857 companies in the Travel & Leisure industry, placing it in the top 35.9%.
Is Chi Hua Fitness Co's Return-on-Tangible-Asset too high?
Chi Hua Fitness Co's current Return-on-Tangible-Asset of 4.79% is 56% below median its 10-year median of 10.91. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 12.03. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.86. Chi Hua Fitness Co's value of 4.79% is 67.5% above this industry median. Based on the distribution chart, Chi Hua Fitness Co ranks #308 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Chi Hua Fitness Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chi Hua Fitness Co's Return-on-Tangible-Asset compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Chi Hua Fitness Co ranks #308 out of 857 companies for Return-on-Tangible-Asset. This puts Chi Hua Fitness Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.86. Chi Hua Fitness Co's value of 4.79% is 67.5% above this benchmark. Historically, Chi Hua Fitness Co's own Return-on-Tangible-Asset has ranged from 2.79 to 12.03 over the past decade. While the company's 10-year median is 10.91 vs. the industry median of 2.86, Chi Hua Fitness 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.86, based on 857 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. Chi Hua Fitness Co's current Return-on-Tangible-Asset of 4.79% is 67.5% 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 Chi Hua Fitness Co and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Hua Fitness Co's current Return-on-Tangible-Asset is 4.79%, which is 56% below median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Hua Fitness Co stock overvalued right now?
Based on GuruFocus' analysis, Chi Hua Fitness Co (ROCO:1593) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$48.64, compared to a current price of NT$31.50 — trading 35.2% below its estimated fair value. The current Return-on-Tangible-Asset is 4.79%, which is 56% below median its 10-year median of 10.91 and 67.5% above the Travel & Leisure industry median of 2.86. Chi Hua Fitness Co's overall GF Score™ is 73/100 with 3 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 Chi Hua Fitness Co (ROCO:1593), the current Return-on-Tangible-Asset is 4.79% 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 Chi Hua Fitness Co (ROCO:1593) Overvalued in 2026?
Based on GuruFocus' analysis, Chi Hua Fitness Co stock appears to be undervalued.
The current stock price of NT$31.50 is trading 35.2% below its estimated GF Value™ of NT$48.64.
GuruFocus considers Chi Hua Fitness Co to be Significantly Undervalued.
Key valuation signals for ROCO:1593:
Return-on-Tangible-Asset: 4.79% (56% below median its 10-year median of 10.91)
GF Value™: NT$48.64 vs. price of NT$31.50 (35.2% below fair value)
Industry Position: 67.5% above the Travel & Leisure median (#308 of 857)
No single metric tells the full story. See the ROCO:1593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chi Hua Fitness Co Ltd is a Taiwan-based company engaged in the manufacture and sales of sports equipment and related products. Its product line includes consoles, bikes, lower control boards, gear motors, brakes, cables, bicycle trainers, low-cost generators, and wind generators, among others.
73GF Score
Get the complete analysis for ROCO:1593
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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