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Eslite SpectrumROCO:2926 52 Return-on-Tangible-Asset is 0.21% as of Mar. 2026, which is 19% below its 10-year median of 0.26. GuruFocus rates ROCO:2926 with a GF Score™ of 52/100 and a GF Value™ of NT$55.81 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,139 Retail - Cyclical companies, Eslite Spectrum ranks worse than 70.06% 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. Eslite Spectrum's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$33 Mil. Eslite Spectrum's average total tangible assets for the quarter that ended in Mar. 2026 was NT$15,571 Mil. Therefore, Eslite Spectrum's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.21%.
The historical rank and industry rank for Eslite Spectrum's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:2926'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.62 Med: 0.26 Max: 8.99
Current: 0.16
During the past 13 years, Eslite Spectrum's highest Return-on-Tangible-Asset was 8.99%. The lowest was -1.62%. And the median was 0.26%.
ROCO:2926's Return-on-Tangible-Asset is ranked worse than 70.06% of 1139
companies
in the Retail - Cyclical industry
Industry Median: 2.97
vs ROCO:2926: 0.16
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.
Eslite Spectrum Return-on-Tangible-Asset Related Terms
Eslite Spectrum Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Eslite Spectrum'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:2926 vs DDS, M: Return-on-Tangible-Asset Comparison
For the Department Stores subindustry, Eslite Spectrum'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.
Eslite Spectrum Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Eslite Spectrum's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Eslite Spectrum'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 0.21% mean?
Eslite Spectrum (ROCO:2926) has a Return-on-Tangible-Asset of 0.21% 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 Eslite Spectrum and its competitors. This is 19% below median its historical median of 0.26. According to the industry distribution chart, Eslite Spectrum ranks #798 out of 1139 companies in the Retail - Cyclical industry, placing it in the top 70.1%.
Is Eslite Spectrum's Return-on-Tangible-Asset too high?
Eslite Spectrum's current Return-on-Tangible-Asset of 0.21% is 19% below median its 10-year median of 0.26. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.97. Eslite Spectrum's value of 0.21% is 92.9% below this industry median. Based on the distribution chart, Eslite Spectrum ranks #798 out of 1139 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Eslite Spectrum has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eslite Spectrum's Return-on-Tangible-Asset compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Eslite Spectrum ranks #798 out of 1139 companies for Return-on-Tangible-Asset. This places Eslite Spectrum in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.97. Eslite Spectrum's value of 0.21% is 92.9% below this benchmark. While the company's 10-year median is 0.26 vs. the industry median of 2.97, Eslite Spectrum has consistently been below 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.97, based on 1,139 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. Eslite Spectrum's current Return-on-Tangible-Asset of 0.21% is 92.9% below 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 Eslite Spectrum and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eslite Spectrum's current Return-on-Tangible-Asset is 0.21%, which is 19% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eslite Spectrum stock overvalued right now?
Based on GuruFocus' analysis, Eslite Spectrum (ROCO:2926) is currently considered Possible Value Trap. The stock's GF Value™ is NT$55.81, compared to a current price of NT$30.00 — trading 46.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.21%, which is 19% below median its 10-year median of 0.26 and 92.9% below the Retail - Cyclical industry median of 2.97. Eslite Spectrum's overall GF Score™ is 52/100 with 7 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 Eslite Spectrum (ROCO:2926), the current Return-on-Tangible-Asset is 0.21% 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 Eslite Spectrum (ROCO:2926) Overvalued in 2026?
Based on GuruFocus' analysis, Eslite Spectrum stock appears to be undervalued.
The current stock price of NT$30.00 is trading 46.2% below its estimated GF Value™ of NT$55.81.
GuruFocus considers Eslite Spectrum to be Possible Value Trap.
Key valuation signals for ROCO:2926:
Return-on-Tangible-Asset: 0.21% (19% below median its 10-year median of 0.26)
GF Value™: NT$55.81 vs. price of NT$30.00 (46.2% below fair value)
Industry Position: 92.9% below the Retail - Cyclical median (#798 of 1139)
No single metric tells the full story. See the ROCO:2926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eslite Spectrum Corp mainly engaged in channels of cultural and creative industry, operation entrustment and management counseling services of department stores, trading and import of appliances and equipment for hotel use, trading and installation of appliances and equipment for kitchen use, import agency and retail of foods, as well as the operation of cafes and restaurants, as well as online retail, operation of logistics and warehousing services and others. The business segments of the company include the Omni-channel development business, Hotel business, and the Hospitality business of which majority of revenue comes from Omni-channel development business. It has presence in Taiwan, Hong Kong, China, and Malaysia. The company generates majority of revenue from Taiwan.
52GF Score
Get the complete analysis for ROCO:2926
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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