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Niko Semiconductor CoROCO:3317 +1.15%62 Return-on-Tangible-Asset is 7.60% as of Mar. 2026, which is 22% above its 10-year median of 6.25. GuruFocus rates ROCO:3317 with a GF Score™ of 62/100 and a GF Value™ of NT$49.26 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,030 Semiconductors companies, Niko Semiconductor Co ranks better than 57.18% 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. Niko Semiconductor Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$304 Mil. Niko Semiconductor Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,996 Mil. Therefore, Niko Semiconductor Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.60%.
The historical rank and industry rank for Niko Semiconductor Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3317'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.79 Med: 6.25 Max: 13.2
Current: 4.23
During the past 13 years, Niko Semiconductor Co's highest Return-on-Tangible-Asset was 13.20%. The lowest was 2.79%. And the median was 6.25%.
ROCO:3317's Return-on-Tangible-Asset is ranked better than 57.18% of 1030
companies
in the Semiconductors industry
Industry Median: 2.865
vs ROCO:3317: 4.23
Niko Semiconductor Co (ROCO:3317) 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.
Niko Semiconductor Co Return-on-Tangible-Asset Related Terms
Niko Semiconductor Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Niko Semiconductor 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.
Niko Semiconductor Co Return-on-Tangible-Asset Chart
ROCO:3317 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Niko Semiconductor 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.
Niko Semiconductor Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Niko Semiconductor Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Niko Semiconductor 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 7.60% mean?
Niko Semiconductor Co (ROCO:3317) has a Return-on-Tangible-Asset of 7.60% 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 Niko Semiconductor Co and its competitors. This is 22% above median its historical median of 6.25. Over the past decade, Niko Semiconductor Co's Return-on-Tangible-Asset has ranged from 2.79 to 13.20. According to the industry distribution chart, Niko Semiconductor Co ranks #441 out of 1030 companies in the Semiconductors industry, placing it in the top 42.8%.
Is Niko Semiconductor Co's Return-on-Tangible-Asset too high?
Niko Semiconductor Co's current Return-on-Tangible-Asset of 7.60% is 22% above median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 13.20. The Semiconductors industry median Return-on-Tangible-Asset is 2.87. Niko Semiconductor Co's value of 7.60% is 165.3% above this industry median. Based on the distribution chart, Niko Semiconductor Co ranks #441 out of 1030 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Niko Semiconductor Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Niko Semiconductor Co's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Niko Semiconductor Co ranks #441 out of 1030 companies for Return-on-Tangible-Asset. This puts Niko Semiconductor Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.87. Niko Semiconductor Co's value of 7.60% is 165.3% above this benchmark. Historically, Niko Semiconductor Co's own Return-on-Tangible-Asset has ranged from 2.79 to 13.20 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 2.87, Niko Semiconductor 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.87, based on 1,030 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. Niko Semiconductor Co's current Return-on-Tangible-Asset of 7.60% is 165.3% 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 Niko Semiconductor Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niko Semiconductor Co's current Return-on-Tangible-Asset is 7.60%, which is 22% above median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niko Semiconductor Co stock overvalued right now?
Based on GuruFocus' analysis, Niko Semiconductor Co (ROCO:3317) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$49.26, compared to a current price of NT$70.60 — trading 43.3% above its estimated fair value. The current Return-on-Tangible-Asset is 7.60%, which is 22% above median its 10-year median of 6.25 and 165.3% above the Semiconductors industry median of 2.87. Niko Semiconductor Co's overall GF Score™ is 62/100 with 1 warning sign 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 Niko Semiconductor Co (ROCO:3317), the current Return-on-Tangible-Asset is 7.60% 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 Niko Semiconductor Co (ROCO:3317) Overvalued in 2026?
Based on GuruFocus' analysis, Niko Semiconductor Co stock appears to be overvalued.
The current stock price of NT$70.60 is trading 43.3% above its estimated GF Value™ of NT$49.26.
GuruFocus considers Niko Semiconductor Co to be Significantly Overvalued.
Key valuation signals for ROCO:3317:
Return-on-Tangible-Asset: 7.60% (22% above median its 10-year median of 6.25)
GF Value™: NT$49.26 vs. price of NT$70.60 (43.3% above fair value)
Industry Position: 165.3% above the Semiconductors median (#441 of 1030)
No single metric tells the full story. See the ROCO:3317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Niko Semiconductor Co Ltd is engaged in the research, development, design, and sales of analog IC that can be applied to communications, computers, computer peripherals, video, power supply, and other consumer products. It specializes in the design of power management components and power modules. Its main products include Power MOSFETs, wide-bandgap semiconductor devices such as SiC MOSFETs and GaN HEMTs, and SiC power modules, which are widely used in motherboards, laptops, tablets, and other PC products and their peripheral power devices. It has also expanded into industries such as drones, automotive electronics and onboard charging, robotics, and AI servers. The Group's revenue is generated mainly from the sale of power MOSFETs. It operates in Taiwan, China, and other regions.
62GF Score
Get the complete analysis for ROCO:3317
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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