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Axiomtek CoROCO:3088 -0.78%64 Return-on-Tangible-Asset is 12.84% as of Mar. 2026, which is 17% above its 10-year median of 10.94. GuruFocus rates ROCO:3088 with a GF Score™ of 64/100 and a GF Value™ of NT$99.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,502 Hardware companies, Axiomtek Co ranks better than 81.61% 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. Axiomtek Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$977 Mil. Axiomtek Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$7,612 Mil. Therefore, Axiomtek Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.84%.
The historical rank and industry rank for Axiomtek Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3088'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.93 Med: 10.94 Max: 26.95
Current: 8.45
During the past 13 years, Axiomtek Co's highest Return-on-Tangible-Asset was 26.95%. The lowest was 6.93%. And the median was 10.94%.
ROCO:3088's Return-on-Tangible-Asset is ranked better than 81.61% of 2502
companies
in the Hardware industry
Industry Median: 2.48
vs ROCO:3088: 8.45
Axiomtek Co (ROCO:3088) 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.
Axiomtek Co Return-on-Tangible-Asset Related Terms
Axiomtek Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Axiomtek 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:3088 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Axiomtek 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.
Axiomtek Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Axiomtek Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Axiomtek 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 12.84% mean?
Axiomtek Co (ROCO:3088) has a Return-on-Tangible-Asset of 12.84% 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 Axiomtek Co and its competitors. This is 17% above median its historical median of 10.94. Over the past decade, Axiomtek Co's Return-on-Tangible-Asset has ranged from 6.93 to 26.95. According to the industry distribution chart, Axiomtek Co ranks #460 out of 2502 companies in the Hardware industry, placing it in the top 18.4%.
Is Axiomtek Co's Return-on-Tangible-Asset too high?
Axiomtek Co's current Return-on-Tangible-Asset of 12.84% is 17% above median its 10-year median of 10.94. Over the past 10 years, this metric has ranged from a low of 6.93 to a high of 26.95. The Hardware industry median Return-on-Tangible-Asset is 2.48. Axiomtek Co's value of 12.84% is 417.7% above this industry median. Based on the distribution chart, Axiomtek Co ranks #460 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Axiomtek Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axiomtek Co's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Axiomtek Co ranks #460 out of 2502 companies for Return-on-Tangible-Asset. This places Axiomtek Co in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.48. Axiomtek Co's value of 12.84% is 417.7% above this benchmark. Historically, Axiomtek Co's own Return-on-Tangible-Asset has ranged from 6.93 to 26.95 over the past decade. While the company's 10-year median is 10.94 vs. the industry median of 2.48, Axiomtek 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,502 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. Axiomtek Co's current Return-on-Tangible-Asset of 12.84% is 417.7% 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 Axiomtek Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axiomtek Co's current Return-on-Tangible-Asset is 12.84%, which is 17% above median its own 10-year median of 10.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axiomtek Co stock overvalued right now?
Based on GuruFocus' analysis, Axiomtek Co (ROCO:3088) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$99.27, compared to a current price of NT$127.50 — trading 28.4% above its estimated fair value. The current Return-on-Tangible-Asset is 12.84%, which is 17% above median its 10-year median of 10.94 and 417.7% above the Hardware industry median of 2.48. Axiomtek Co's overall GF Score™ is 64/100 with 4 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 Axiomtek Co (ROCO:3088), the current Return-on-Tangible-Asset is 12.84% 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 Axiomtek Co (ROCO:3088) Overvalued in 2026?
Based on GuruFocus' analysis, Axiomtek Co stock appears to be overvalued.
The current stock price of NT$127.50 is trading 28.4% above its estimated GF Value™ of NT$99.27.
GuruFocus considers Axiomtek Co to be Modestly Overvalued.
Key valuation signals for ROCO:3088:
Return-on-Tangible-Asset: 12.84% (17% above median its 10-year median of 10.94)
GF Value™: NT$99.27 vs. price of NT$127.50 (28.4% above fair value)
Industry Position: 417.7% above the Hardware median (#460 of 2502)
No single metric tells the full story. See the ROCO:3088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axiomtek Co Ltd is a Taiwan-based company engaged in designing, manufacturing, and sales of PC-based industrial computer products and peripherals. The company's products are Industrial PCs, Single Board Computers, System on Modules, Fanless and Rugged Embedded Systems, Intelligent Transportation Systems, Touch Panel Computers, Medical Panel Computers, and others. The company's reportable segments are Taiwan, USA, Europe, and Others. The majority of revenue is derived from the USA segment.
64GF Score
Get the complete analysis for ROCO:3088
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