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Nww Manufacturing CoROCO:2245 -2.85%89 Return-on-Tangible-Asset is 11.79% as of Dec. 2025, which is 56% above its 10-year median of 7.54. GuruFocus rates ROCO:2245 with a GF Score™ of 89/100 and a GF Value™ of NT$20.96 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,331 Vehicles & Parts companies, Nww Manufacturing Co ranks better than 86.78% 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. Nww Manufacturing Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$107.3 Mil. Nww Manufacturing Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$909.6 Mil. Therefore, Nww Manufacturing Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.79%.
The historical rank and industry rank for Nww Manufacturing Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:2245'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.07 Med: 7.54 Max: 11.23
Current: 9.63
During the past 12 years, Nww Manufacturing Co's highest Return-on-Tangible-Asset was 11.23%. The lowest was 4.07%. And the median was 7.54%.
ROCO:2245's Return-on-Tangible-Asset is ranked better than 86.78% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.19
vs ROCO:2245: 9.63
Nww Manufacturing Co (ROCO:2245) 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.
Nww Manufacturing Co Return-on-Tangible-Asset Related Terms
Nww Manufacturing Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nww Manufacturing 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.
Nww Manufacturing Co Return-on-Tangible-Asset Chart
ROCO:2245 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Nww Manufacturing 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.
Nww Manufacturing Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nww Manufacturing Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nww Manufacturing 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 11.79% mean?
Nww Manufacturing Co (ROCO:2245) has a Return-on-Tangible-Asset of 11.79% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nww Manufacturing Co and its competitors. This is 56% above median its historical median of 7.54. Over the past decade, Nww Manufacturing Co's Return-on-Tangible-Asset has ranged from 4.07 to 11.23. According to the industry distribution chart, Nww Manufacturing Co ranks #176 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 13.2%.
Is Nww Manufacturing Co's Return-on-Tangible-Asset too high?
Nww Manufacturing Co's current Return-on-Tangible-Asset of 11.79% is 56% above median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 4.07 to a high of 11.23. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.19. Nww Manufacturing Co's value of 11.79% is 269.6% above this industry median. Based on the distribution chart, Nww Manufacturing Co ranks #176 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Nww Manufacturing Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nww Manufacturing Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nww Manufacturing Co ranks #176 out of 1331 companies for Return-on-Tangible-Asset. This places Nww Manufacturing Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.19. Nww Manufacturing Co's value of 11.79% is 269.6% above this benchmark. Historically, Nww Manufacturing Co's own Return-on-Tangible-Asset has ranged from 4.07 to 11.23 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 3.19, Nww Manufacturing 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.19, based on 1,331 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. Nww Manufacturing Co's current Return-on-Tangible-Asset of 11.79% is 269.6% 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 Nww Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nww Manufacturing Co's current Return-on-Tangible-Asset is 11.79%, which is 56% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nww Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Nww Manufacturing Co (ROCO:2245) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$20.96, compared to a current price of NT$23.90 — trading 14% above its estimated fair value. The current Return-on-Tangible-Asset is 11.79%, which is 56% above median its 10-year median of 7.54 and 269.6% above the Vehicles & Parts industry median of 3.19. Nww Manufacturing Co's overall GF Score™ is 89/100 with 1 warning sign 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 Nww Manufacturing Co (ROCO:2245), the current Return-on-Tangible-Asset is 11.79% 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 Nww Manufacturing Co (ROCO:2245) Overvalued in 2026?
Based on GuruFocus' analysis, Nww Manufacturing Co stock appears to be overvalued.
The current stock price of NT$23.90 is trading 14% above its estimated GF Value™ of NT$20.96.
GuruFocus considers Nww Manufacturing Co to be Modestly Overvalued.
Key valuation signals for ROCO:2245:
Return-on-Tangible-Asset: 11.79% (56% above median its 10-year median of 7.54)
GF Value™: NT$20.96 vs. price of NT$23.90 (14% above fair value)
Industry Position: 269.6% above the Vehicles & Parts median (#176 of 1331)
No single metric tells the full story. See the ROCO:2245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nww Manufacturing Co Ltd is involved in the manufacturing of Ignition components. Its main products include distributor caps, PBT tube, ignition rubber boots, ignition cable, terminals, ignition coil-on-plug boots, and some assembly parts.
89GF Score
Get the complete analysis for ROCO:2245
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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