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The historical rank and industry rank for Hi Sharp Intelligence Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3128'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.03 Med: 2.89 Max: 6.29
Current: 2.78
During the past 13 years, Hi Sharp Intelligence Technology Co's highest Return-on-Tangible-Asset was 6.29%. The lowest was 1.03%. And the median was 2.89%.
ROCO:3128's Return-on-Tangible-Asset is ranked worse than 57.86% of 1094
companies
in the Business Services industry
Industry Median: 4.07
vs ROCO:3128: 2.78
Hi Sharp Intelligence Technology Co (ROCO:3128) 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.
Hi Sharp Intelligence Technology Co Return-on-Tangible-Asset Related Terms
Hi Sharp Intelligence Technology Co Return-on-Tangible-Asset Historical Data
* 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.
Hi Sharp Intelligence Technology Co Return-on-Tangible-Asset Chart
ROCO:3128 vs ALLE, MSA, ADT: Return-on-Tangible-Asset Comparison
For the Security & Protection Services subindustry, Hi Sharp Intelligence Technology 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.
Hi Sharp Intelligence Technology Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Hi Sharp Intelligence Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hi Sharp Intelligence Technology 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 3.22% mean?
Hi Sharp Intelligence Technology Co (ROCO:3128) has a Return-on-Tangible-Asset of 3.22% 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 Hi Sharp Intelligence Technology Co and its competitors. This is 11% above median its historical median of 2.89. Over the past decade, Hi Sharp Intelligence Technology Co's Return-on-Tangible-Asset has ranged from 1.03 to 6.29. According to the industry distribution chart, Hi Sharp Intelligence Technology Co ranks #633 out of 1094 companies in the Business Services industry, placing it in the top 57.9%.
Is Hi Sharp Intelligence Technology Co's Return-on-Tangible-Asset too high?
Hi Sharp Intelligence Technology Co's current Return-on-Tangible-Asset of 3.22% is 11% above median its 10-year median of 2.89. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 6.29. The Business Services industry median Return-on-Tangible-Asset is 4.07. Hi Sharp Intelligence Technology Co's value of 3.22% is 20.9% below this industry median. Based on the distribution chart, Hi Sharp Intelligence Technology Co ranks #633 out of 1094 companies in the Business Services industry, which is below the industry midpoint. Overall, Hi Sharp Intelligence Technology Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hi Sharp Intelligence Technology Co's Return-on-Tangible-Asset compare to ALLE and MSA?
According to the Business Services industry distribution chart, Hi Sharp Intelligence Technology Co ranks #633 out of 1094 companies for Return-on-Tangible-Asset. This places Hi Sharp Intelligence Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.07. Hi Sharp Intelligence Technology Co's value of 3.22% is 20.9% below this benchmark. Historically, Hi Sharp Intelligence Technology Co's own Return-on-Tangible-Asset has ranged from 1.03 to 6.29 over the past decade. While the company's 10-year median is 2.89 vs. the industry median of 4.07, Hi Sharp Intelligence Technology Co 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.07, based on 1,094 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. Hi Sharp Intelligence Technology Co's current Return-on-Tangible-Asset of 3.22% is 20.9% 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 Hi Sharp Intelligence Technology Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi Sharp Intelligence Technology Co's current Return-on-Tangible-Asset is 3.22%, which is 11% above median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi Sharp Intelligence Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hi Sharp Intelligence Technology Co (ROCO:3128) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.53, compared to a current price of NT$21.75 — trading 14.8% below its estimated fair value. The current Return-on-Tangible-Asset is 3.22%, which is 11% above median its 10-year median of 2.89 and 20.9% below the Business Services industry median of 4.07. Hi Sharp Intelligence Technology Co's overall GF Score™ is 75/100 with 5 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 Hi Sharp Intelligence Technology Co (ROCO:3128), the current Return-on-Tangible-Asset is 3.22% 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 Hi Sharp Intelligence Technology Co (ROCO:3128) Overvalued in 2026?
Based on GuruFocus' analysis, Hi Sharp Intelligence Technology Co stock appears to be undervalued.
The current stock price of NT$21.75 is trading 14.8% below its estimated GF Value™ of NT$25.53.
GuruFocus considers Hi Sharp Intelligence Technology Co to be Modestly Undervalued.
Key valuation signals for ROCO:3128:
Return-on-Tangible-Asset: 3.22% (11% above median its 10-year median of 2.89)
GF Value™: NT$25.53 vs. price of NT$21.75 (14.8% below fair value)
Industry Position: 20.9% below the Business Services median (#633 of 1094)
No single metric tells the full story. See the ROCO:3128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi Sharp Intelligence Technology Co Ltd is a Taiwan based company engages in the manufacture and sale of electronic surveillance products. Its products include liquid crystal display, camera, digital video recorder, video server, and car safety system.
75GF Score
Get the complete analysis for ROCO:3128
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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