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Ultra ChipROCO:3141 +0.77%63 Return-on-Tangible-Asset is 6.39% as of Mar. 2026, which is 10% below its 10-year median of 7.10. GuruFocus rates ROCO:3141 with a GF Score™ of 63/100 and a GF Value™ of NT$68.16 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,029 Semiconductors companies, Ultra Chip ranks worse than 54.32% 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. Ultra Chip's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$249 Mil. Ultra Chip's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,900 Mil. Therefore, Ultra Chip's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.39%.
The historical rank and industry rank for Ultra Chip's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3141'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.04 Med: 7.1 Max: 21.75
Current: 1.93
During the past 13 years, Ultra Chip's highest Return-on-Tangible-Asset was 21.75%. The lowest was 1.04%. And the median was 7.10%.
ROCO:3141's Return-on-Tangible-Asset is ranked worse than 54.32% of 1029
companies
in the Semiconductors industry
Industry Median: 2.82
vs ROCO:3141: 1.93
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.
Ultra Chip Return-on-Tangible-Asset Related Terms
Ultra Chip Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ultra Chip'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:3141 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Ultra Chip'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.
Ultra Chip Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ultra Chip's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ultra Chip'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 6.39% mean?
Ultra Chip (ROCO:3141) has a Return-on-Tangible-Asset of 6.39% 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 Ultra Chip and its competitors. This is 10% below median its historical median of 7.10. Over the past decade, Ultra Chip's Return-on-Tangible-Asset has ranged from 1.04 to 21.75. According to the industry distribution chart, Ultra Chip ranks #559 out of 1029 companies in the Semiconductors industry, placing it in the top 54.3%.
Is Ultra Chip's Return-on-Tangible-Asset too high?
Ultra Chip's current Return-on-Tangible-Asset of 6.39% is 10% below median its 10-year median of 7.10. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 21.75. The Semiconductors industry median Return-on-Tangible-Asset is 2.82. Ultra Chip's value of 6.39% is 126.6% above this industry median. Based on the distribution chart, Ultra Chip ranks #559 out of 1029 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Ultra Chip has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultra Chip's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Ultra Chip ranks #559 out of 1029 companies for Return-on-Tangible-Asset. This places Ultra Chip in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.82. Ultra Chip's value of 6.39% is 126.6% above this benchmark. Historically, Ultra Chip's own Return-on-Tangible-Asset has ranged from 1.04 to 21.75 over the past decade. While the company's 10-year median is 7.10 vs. the industry median of 2.82, Ultra Chip 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.82, based on 1,029 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. Ultra Chip's current Return-on-Tangible-Asset of 6.39% is 126.6% 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 Ultra Chip and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultra Chip's current Return-on-Tangible-Asset is 6.39%, which is 10% below median its own 10-year median of 7.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Chip stock overvalued right now?
Based on GuruFocus' analysis, Ultra Chip (ROCO:3141) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$68.16, compared to a current price of NT$79.00 — trading 15.9% above its estimated fair value. The current Return-on-Tangible-Asset is 6.39%, which is 10% below median its 10-year median of 7.10 and 126.6% above the Semiconductors industry median of 2.82. Ultra Chip's overall GF Score™ is 63/100 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 Ultra Chip (ROCO:3141), the current Return-on-Tangible-Asset is 6.39% 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 Ultra Chip (ROCO:3141) Overvalued in 2026?
Based on GuruFocus' analysis, Ultra Chip stock appears to be overvalued.
The current stock price of NT$79.00 is trading 15.9% above its estimated GF Value™ of NT$68.16.
GuruFocus considers Ultra Chip to be Modestly Overvalued.
Key valuation signals for ROCO:3141:
Return-on-Tangible-Asset: 6.39% (10% below median its 10-year median of 7.10)
GF Value™: NT$68.16 vs. price of NT$79.00 (15.9% above fair value)
Industry Position: 126.6% above the Semiconductors median (#559 of 1029)
No single metric tells the full story. See the ROCO:3141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultra Chip Inc is engaged in the design and sale of mobile display driver IC products. Its products include professional display, bistable display, and Motor IC. The revenue of the group mainly comes from the design sales and business of liquid crystal display product driver IC. Geographically, it operates in Aisa, Europe, and Others with majority of revenue deriving from Asia region.
63GF Score
Get the complete analysis for ROCO:3141
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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