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Taiwan Taxi CoROCO:2640 +1.92%87 Return-on-Tangible-Asset is 17.41% as of Jun. 2026, which is 42% above its 10-year median of 12.30. GuruFocus rates ROCO:2640 with a GF Score™ of 87/100 and a GF Value™ of NT$138.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,021 Transportation companies, Taiwan Taxi Co ranks better than 93.63% 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. Taiwan Taxi Co's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$591 Mil. Taiwan Taxi Co's average total tangible assets for the quarter that ended in Jun. 2026 was NT$3,409 Mil. Therefore, Taiwan Taxi Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 17.41%.
The historical rank and industry rank for Taiwan Taxi Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:2640'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.29 Med: 12.3 Max: 16.21
Current: 16.21
During the past 13 years, Taiwan Taxi Co's highest Return-on-Tangible-Asset was 16.21%. The lowest was 6.29%. And the median was 12.30%.
ROCO:2640's Return-on-Tangible-Asset is ranked better than 93.63% of 1021
companies
in the Transportation industry
Industry Median: 3.83
vs ROCO:2640: 16.21
Taiwan Taxi Co (ROCO:2640) 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.
Taiwan Taxi Co Return-on-Tangible-Asset Related Terms
Taiwan Taxi Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Taiwan Taxi 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:2640 vs UNP, CSX, NSC: Return-on-Tangible-Asset Comparison
For the Railroads subindustry, Taiwan Taxi 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.
Taiwan Taxi Co Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan Taxi Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Taiwan Taxi 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.41% mean?
Taiwan Taxi Co (ROCO:2640) has a Return-on-Tangible-Asset of 17.41% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Taiwan Taxi Co and its competitors. This is 42% above median its historical median of 12.30. Over the past decade, Taiwan Taxi Co's Return-on-Tangible-Asset has ranged from 6.29 to 16.21. According to the industry distribution chart, Taiwan Taxi Co ranks #65 out of 1021 companies in the Transportation industry, placing it in the top 6.4%.
Is Taiwan Taxi Co's Return-on-Tangible-Asset too high?
Taiwan Taxi Co's current Return-on-Tangible-Asset of 17.41% is 42% above median its 10-year median of 12.30. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 16.21. The Transportation industry median Return-on-Tangible-Asset is 3.83. Taiwan Taxi Co's value of 17.41% is 354.6% above this industry median. Based on the distribution chart, Taiwan Taxi Co ranks #65 out of 1021 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Taxi Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Taxi Co's Return-on-Tangible-Asset compare to UNP and CSX?
According to the Transportation industry distribution chart, Taiwan Taxi Co ranks #65 out of 1021 companies for Return-on-Tangible-Asset. This places Taiwan Taxi Co in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.83. Taiwan Taxi Co's value of 17.41% is 354.6% above this benchmark. Historically, Taiwan Taxi Co's own Return-on-Tangible-Asset has ranged from 6.29 to 16.21 over the past decade. While the company's 10-year median is 12.30 vs. the industry median of 3.83, Taiwan Taxi 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.83, based on 1,021 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. Taiwan Taxi Co's current Return-on-Tangible-Asset of 17.41% is 354.6% 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 Taiwan Taxi Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Taxi Co's current Return-on-Tangible-Asset is 17.41%, which is 42% above median its own 10-year median of 12.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Taxi Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Taxi Co (ROCO:2640) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$138.39, compared to a current price of NT$159.00 — trading 14.9% above its estimated fair value. The current Return-on-Tangible-Asset is 17.41%, which is 42% above median its 10-year median of 12.30 and 354.6% above the Transportation industry median of 3.83. Taiwan Taxi Co's overall GF Score™ is 87/100 with 2 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 Taiwan Taxi Co (ROCO:2640), the current Return-on-Tangible-Asset is 17.41% as of Jun. 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 Taiwan Taxi Co (ROCO:2640) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Taxi Co stock appears to be overvalued.
The current stock price of NT$159.00 is trading 14.9% above its estimated GF Value™ of NT$138.39.
GuruFocus considers Taiwan Taxi Co to be Modestly Overvalued.
Key valuation signals for ROCO:2640:
Return-on-Tangible-Asset: 17.41% (42% above median its 10-year median of 12.30)
GF Value™: NT$138.39 vs. price of NT$159.00 (14.9% above fair value)
Industry Position: 354.6% above the Transportation median (#65 of 1021)
No single metric tells the full story. See the ROCO:2640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Taxi Co Ltd Inc is a platform peripheral sales and service activities derived from the platform, which are divided into product sales and labor services and information media. The company is engaged in providing taxi passengers cars with drivers. It provides taxi services around Taiwan.
87GF Score
Get the complete analysis for ROCO:2640
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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