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ADO OptronicROCO:3516 -0.38%42 Return-on-Tangible-Asset is 0.65% as of Mar. 2026, which is 4% below its 10-year median of 0.68. GuruFocus rates ROCO:3516 with a GF Score™ of 42/100. The stock has 10 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, ADO Optronic ranks worse than 64.29% 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. ADO Optronic's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$18 Mil. ADO Optronic's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,837 Mil. Therefore, ADO Optronic's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.65%.
The historical rank and industry rank for ADO Optronic's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3516'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.85 Med: 0.68 Max: 2.58
Current: 0.62
During the past 13 years, ADO Optronic's highest Return-on-Tangible-Asset was 2.58%. The lowest was -9.85%. And the median was 0.68%.
ROCO:3516's Return-on-Tangible-Asset is ranked worse than 64.29% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.4
vs ROCO:3516: 0.62
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.
ADO Optronic Return-on-Tangible-Asset Related Terms
ADO Optronic Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ADO Optronic'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:3516 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, ADO Optronic'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.
ADO Optronic Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, ADO Optronic's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ADO Optronic'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 0.65% mean?
ADO Optronic (ROCO:3516) has a Return-on-Tangible-Asset of 0.65% 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 ADO Optronic and its competitors. This is near median its historical median of 0.68. According to the industry distribution chart, ADO Optronic ranks #279 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 64.3%.
Is ADO Optronic's Return-on-Tangible-Asset too high?
ADO Optronic's current Return-on-Tangible-Asset of 0.65% is near median its 10-year median of 0.68. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.40. ADO Optronic's value of 0.65% is 72.9% below this industry median. Based on the distribution chart, ADO Optronic ranks #279 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, ADO Optronic has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does ADO Optronic's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, ADO Optronic ranks #279 out of 434 companies for Return-on-Tangible-Asset. This places ADO Optronic in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.40. ADO Optronic's value of 0.65% is 72.9% below this benchmark. While the company's 10-year median is 0.68 vs. the industry median of 2.40, ADO Optronic has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.40, based on 434 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. ADO Optronic's current Return-on-Tangible-Asset of 0.65% is 72.9% below 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 ADO Optronic and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADO Optronic's current Return-on-Tangible-Asset is 0.65%, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADO Optronic stock overvalued right now?
ADO Optronic (ROCO:3516) has a current Return-on-Tangible-Asset of 0.65%. The current Return-on-Tangible-Asset is 0.65%, which is near median its 10-year median of 0.68 and 72.9% below the Furnishings, Fixtures & Appliances industry median of 2.40. ADO Optronic's overall GF Score™ is 42/100 with 10 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 ADO Optronic (ROCO:3516), the current Return-on-Tangible-Asset is 0.65% 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.
ADO Optronic Corp is a Taiwan based company engages in the processing, assembly, and distribution of commercial lighting, indoor and outdoor LED lighting, and plastic injection products.
42GF Score
Get the complete analysis for ROCO:3516
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