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Mildef CreteROCO:3213 +0.75%65 Return-on-Tangible-Asset is 12.08% as of Mar. 2026, which is 11% below its 10-year median of 13.50. GuruFocus rates ROCO:3213 with a GF Score™ of 65/100 and a GF Value™ of NT$93.43 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,501 Hardware companies, Mildef Crete ranks better than 80.61% 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. Mildef Crete's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$609 Mil. Mildef Crete's average total tangible assets for the quarter that ended in Mar. 2026 was NT$5,043 Mil. Therefore, Mildef Crete's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.08%.
The historical rank and industry rank for Mildef Crete's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3213'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.3 Med: 13.5 Max: 24.31
Current: 8.16
During the past 13 years, Mildef Crete's highest Return-on-Tangible-Asset was 24.31%. The lowest was 7.30%. And the median was 13.50%.
ROCO:3213's Return-on-Tangible-Asset is ranked better than 80.61% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs ROCO:3213: 8.16
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.
Mildef Crete Return-on-Tangible-Asset Related Terms
Mildef Crete Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mildef Crete'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:3213 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Mildef Crete'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.
Mildef Crete Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Mildef Crete's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mildef Crete'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 12.08% mean?
Mildef Crete (ROCO:3213) has a Return-on-Tangible-Asset of 12.08% 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 Mildef Crete and its competitors. This is 11% below median its historical median of 13.50. Over the past decade, Mildef Crete's Return-on-Tangible-Asset has ranged from 7.30 to 24.31. According to the industry distribution chart, Mildef Crete ranks #485 out of 2501 companies in the Hardware industry, placing it in the top 19.4%.
Is Mildef Crete's Return-on-Tangible-Asset too high?
Mildef Crete's current Return-on-Tangible-Asset of 12.08% is 11% below median its 10-year median of 13.50. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 24.31. The Hardware industry median Return-on-Tangible-Asset is 2.48. Mildef Crete's value of 12.08% is 387.1% above this industry median. Based on the distribution chart, Mildef Crete ranks #485 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mildef Crete has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mildef Crete's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Mildef Crete ranks #485 out of 2501 companies for Return-on-Tangible-Asset. This places Mildef Crete in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.48. Mildef Crete's value of 12.08% is 387.1% above this benchmark. Historically, Mildef Crete's own Return-on-Tangible-Asset has ranged from 7.30 to 24.31 over the past decade. While the company's 10-year median is 13.50 vs. the industry median of 2.48, Mildef Crete 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 2,501 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. Mildef Crete's current Return-on-Tangible-Asset of 12.08% is 387.1% 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 Mildef Crete 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. Mildef Crete's current Return-on-Tangible-Asset is 12.08%, which is 11% below median its own 10-year median of 13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mildef Crete stock overvalued right now?
Based on GuruFocus' analysis, Mildef Crete (ROCO:3213) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$93.43, compared to a current price of NT$135.00 — trading 44.5% above its estimated fair value. The current Return-on-Tangible-Asset is 12.08%, which is 11% below median its 10-year median of 13.50 and 387.1% above the Hardware industry median of 2.48. Mildef Crete's overall GF Score™ is 65/100 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 Mildef Crete (ROCO:3213), the current Return-on-Tangible-Asset is 12.08% 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 Mildef Crete (ROCO:3213) Overvalued in 2026?
Based on GuruFocus' analysis, Mildef Crete stock appears to be overvalued.
The current stock price of NT$135.00 is trading 44.5% above its estimated GF Value™ of NT$93.43.
GuruFocus considers Mildef Crete to be Significantly Overvalued.
Key valuation signals for ROCO:3213:
Return-on-Tangible-Asset: 12.08% (11% below median its 10-year median of 13.50)
GF Value™: NT$93.43 vs. price of NT$135.00 (44.5% above fair value)
Industry Position: 387.1% above the Hardware median (#485 of 2501)
No single metric tells the full story. See the ROCO:3213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mildef Crete Inc is an international company with a focus on the design, manufacturing, and marketing of rugged devices in laptop, handheld, and tablet form factors, as well as their associated accessories. Its product portfolio comprises mobile workstations, rugged computers, customised rugged controllers, tablets, handheld devices, and related accessories such as docklite, keyboards, battery chargers, military connectors, etc. The majority of the Group's revenue is generated from the sale of business and rugged computers. Geographically, it generates maximum revenue from Asia, and the rest from Europe, Oceania, and the Americas.
65GF Score
Get the complete analysis for ROCO:3213
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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