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Wholetech System HitechROCO:3402 -3.90%70 Return-on-Tangible-Asset is 6.68% as of Dec. 2025, which is 10% below its 10-year median of 7.44. GuruFocus rates ROCO:3402 with a GF Score™ of 70/100 and a GF Value™ of NT$100.22 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,078 Industrial Products companies, Wholetech System Hitech ranks better than 79.82% 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. Wholetech System Hitech's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$442 Mil. Wholetech System Hitech's average total tangible assets for the quarter that ended in Dec. 2025 was NT$6,614 Mil. Therefore, Wholetech System Hitech's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.68%.
The historical rank and industry rank for Wholetech System Hitech's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3402'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.79 Med: 7.44 Max: 8.54
Current: 8.35
During the past 13 years, Wholetech System Hitech's highest Return-on-Tangible-Asset was 8.54%. The lowest was 5.79%. And the median was 7.44%.
ROCO:3402's Return-on-Tangible-Asset is ranked better than 79.82% of 3078
companies
in the Industrial Products industry
Industry Median: 3.28
vs ROCO:3402: 8.35
Wholetech System Hitech (ROCO:3402) 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.
Wholetech System Hitech Return-on-Tangible-Asset Related Terms
Wholetech System Hitech Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wholetech System Hitech'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.
Wholetech System Hitech Return-on-Tangible-Asset Chart
ROCO:3402 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Wholetech System Hitech'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.
Wholetech System Hitech Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wholetech System Hitech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wholetech System Hitech'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 6.68% mean?
Wholetech System Hitech (ROCO:3402) has a Return-on-Tangible-Asset of 6.68% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Wholetech System Hitech and its competitors. This is 10% below median its historical median of 7.44. Over the past decade, Wholetech System Hitech's Return-on-Tangible-Asset has ranged from 5.79 to 8.54. According to the industry distribution chart, Wholetech System Hitech ranks #621 out of 3078 companies in the Industrial Products industry, placing it in the top 20.2%.
Is Wholetech System Hitech's Return-on-Tangible-Asset too high?
Wholetech System Hitech's current Return-on-Tangible-Asset of 6.68% is 10% below median its 10-year median of 7.44. Over the past 10 years, this metric has ranged from a low of 5.79 to a high of 8.54. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. Wholetech System Hitech's value of 6.68% is 103.7% above this industry median. Based on the distribution chart, Wholetech System Hitech ranks #621 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Wholetech System Hitech has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wholetech System Hitech's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Wholetech System Hitech ranks #621 out of 3078 companies for Return-on-Tangible-Asset. This places Wholetech System Hitech in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.28. Wholetech System Hitech's value of 6.68% is 103.7% above this benchmark. Historically, Wholetech System Hitech's own Return-on-Tangible-Asset has ranged from 5.79 to 8.54 over the past decade. While the company's 10-year median is 7.44 vs. the industry median of 3.28, Wholetech System Hitech 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.28, based on 3,078 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. Wholetech System Hitech's current Return-on-Tangible-Asset of 6.68% is 103.7% 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 Wholetech System Hitech and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wholetech System Hitech's current Return-on-Tangible-Asset is 6.68%, which is 10% below median its own 10-year median of 7.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholetech System Hitech stock overvalued right now?
Based on GuruFocus' analysis, Wholetech System Hitech (ROCO:3402) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$100.22, compared to a current price of NT$111.00 — trading 10.8% above its estimated fair value. The current Return-on-Tangible-Asset is 6.68%, which is 10% below median its 10-year median of 7.44 and 103.7% above the Industrial Products industry median of 3.28. Wholetech System Hitech's overall GF Score™ is 70/100 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 Wholetech System Hitech (ROCO:3402), the current Return-on-Tangible-Asset is 6.68% as of Dec. 2025. 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 Wholetech System Hitech (ROCO:3402) Overvalued in 2026?
Based on GuruFocus' analysis, Wholetech System Hitech stock appears to be overvalued.
The current stock price of NT$111.00 is trading 10.8% above its estimated GF Value™ of NT$100.22.
GuruFocus considers Wholetech System Hitech to be Modestly Overvalued.
Key valuation signals for ROCO:3402:
Return-on-Tangible-Asset: 6.68% (10% below median its 10-year median of 7.44)
GF Value™: NT$100.22 vs. price of NT$111.00 (10.8% above fair value)
Industry Position: 103.7% above the Industrial Products median (#621 of 3078)
No single metric tells the full story. See the ROCO:3402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wholetech System Hitech Ltd is engaged in the design and construction of processing pipeline projects and clean room projects. It designs, plans, constructs, and tests Bulk Gas Systems, Specialty Gas Supply Systems, Pumping & Exhaust Piping System design and Gas cabinets, Gas Rack VMB, and VMP, among others.
70GF Score
Get the complete analysis for ROCO:3402
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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