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Golden Long Teng Development CoROCO:3188 -1.06%59 Return-on-Tangible-Asset is 15.61% as of Mar. 2026, which is 269% above its 10-year median of 4.23. GuruFocus rates ROCO:3188 with a GF Score™ of 59/100 and a GF Value™ of NT$53.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,799 Real Estate companies, Golden Long Teng Development Co ranks better than 93.61% on this metric.
The historical rank and industry rank for Golden Long Teng Development Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3188'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.67 Med: 4.23 Max: 11.08
Current: 11.08
During the past 13 years, Golden Long Teng Development Co's highest Return-on-Tangible-Asset was 11.08%. The lowest was -4.67%. And the median was 4.23%.
ROCO:3188's Return-on-Tangible-Asset is ranked better than 93.61% of 1799
companies
in the Real Estate industry
Industry Median: 1.89
vs ROCO:3188: 11.08
Golden Long Teng Development Co (ROCO:3188) 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.
Golden Long Teng Development Co Return-on-Tangible-Asset Related Terms
Golden Long Teng Development 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.
Golden Long Teng Development Co Return-on-Tangible-Asset Chart
Golden Long Teng Development Co Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Golden Long Teng Development 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.
Golden Long Teng Development Co Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Golden Long Teng Development Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Golden Long Teng Development 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 15.61% mean?
Golden Long Teng Development Co (ROCO:3188) has a Return-on-Tangible-Asset of 15.61% 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 Golden Long Teng Development Co and its competitors. This is 269% above median its historical median of 4.23. According to the industry distribution chart, Golden Long Teng Development Co ranks #115 out of 1799 companies in the Real Estate industry, placing it in the top 6.4%.
Is Golden Long Teng Development Co's Return-on-Tangible-Asset too high?
Golden Long Teng Development Co's current Return-on-Tangible-Asset of 15.61% is 269% above median its 10-year median of 4.23. The Real Estate industry median Return-on-Tangible-Asset is 1.89. Golden Long Teng Development Co's value of 15.61% is 725.9% above this industry median. Based on the distribution chart, Golden Long Teng Development Co ranks #115 out of 1799 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Golden Long Teng Development Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Golden Long Teng Development Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Golden Long Teng Development Co ranks #115 out of 1799 companies for Return-on-Tangible-Asset. This places Golden Long Teng Development Co in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.89. Golden Long Teng Development Co's value of 15.61% is 725.9% above this benchmark. While the company's 10-year median is 4.23 vs. the industry median of 1.89, Golden Long Teng Development 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.89, based on 1,799 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. Golden Long Teng Development Co's current Return-on-Tangible-Asset of 15.61% is 725.9% 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 Golden Long Teng Development Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Long Teng Development Co's current Return-on-Tangible-Asset is 15.61%, which is 269% above median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Long Teng Development Co stock overvalued right now?
Based on GuruFocus' analysis, Golden Long Teng Development Co (ROCO:3188) is currently considered Possible Value Trap. The stock's GF Value™ is NT$53.43, compared to a current price of NT$23.30 — trading 56.4% below its estimated fair value. The current Return-on-Tangible-Asset is 15.61%, which is 269% above median its 10-year median of 4.23 and 725.9% above the Real Estate industry median of 1.89. Golden Long Teng Development Co's overall GF Score™ is 59/100 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 Golden Long Teng Development Co (ROCO:3188), the current Return-on-Tangible-Asset is 15.61% 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 Golden Long Teng Development Co (ROCO:3188) Overvalued in 2026?
Based on GuruFocus' analysis, Golden Long Teng Development Co stock appears to be undervalued.
The current stock price of NT$23.30 is trading 56.4% below its estimated GF Value™ of NT$53.43.
GuruFocus considers Golden Long Teng Development Co to be Possible Value Trap.
Key valuation signals for ROCO:3188:
Return-on-Tangible-Asset: 15.61% (269% above median its 10-year median of 4.23)
GF Value™: NT$53.43 vs. price of NT$23.30 (56.4% below fair value)
Industry Position: 725.9% above the Real Estate median (#115 of 1799)
No single metric tells the full story. See the ROCO:3188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golden Long Teng Development Co Ltd is engaged in real estate leasing, residential and building development, and rental and sales services. Its segments include Construction and Development Department mainly engaged in real estate leasing and residential and building development leasing and sales business; and Construction Department mainly engaged in the business of house construction. It derives the majority of revenue from the Construction and Development Department from Taiwan.
59GF Score
Get the complete analysis for ROCO:3188
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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