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Podak Co (ROCO:3537) Return-on-Tangible-Asset : 13.87% (As of Mar. 2025)


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What is Podak Co Return-on-Tangible-Asset?

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. Podak Co's annualized Net Income for the quarter that ended in Mar. 2025 was NT$277 Mil. Podak Co's average total tangible assets for the quarter that ended in Mar. 2025 was NT$1,997 Mil. Therefore, Podak Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 13.87%.

The historical rank and industry rank for Podak Co's Return-on-Tangible-Asset or its related term are showing as below:

ROCO:3537' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.37   Med: 9.55   Max: 11.56
Current: 9.64

During the past 13 years, Podak Co's highest Return-on-Tangible-Asset was 11.56%. The lowest was 4.37%. And the median was 9.55%.

ROCO:3537's Return-on-Tangible-Asset is ranked better than
84.39% of 3030 companies
in the Industrial Products industry
Industry Median: 3.29 vs ROCO:3537: 9.64

Podak Co Return-on-Tangible-Asset Historical Data

The historical data trend for Podak 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.

* Premium members only.

Podak Co Return-on-Tangible-Asset Chart

Podak Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.15 11.24 11.56 7.31 10.21

Podak Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.74 10.15 4.53 9.94 13.87

Competitive Comparison of Podak Co's Return-on-Tangible-Asset

For the Electrical Equipment & Parts subindustry, Podak 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.


Podak Co's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Podak Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Podak Co's Return-on-Tangible-Asset falls into.


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Podak Co Return-on-Tangible-Asset Calculation

Podak Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=206.678/( (2041.491+2006.212)/ 2 )
=206.678/2023.8515
=10.21 %

Podak Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=277.088/( (2006.212+1988.07)/ 2 )
=277.088/1997.141
=13.87 %

* 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. 2025) net income data.


Podak Co  (ROCO:3537) 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 company’s 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 company’s 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.


Podak Co Return-on-Tangible-Asset Related Terms

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Podak Co Business Description

Traded in Other Exchanges
N/A
Address
No.299, Yulin Road, 10th Floor, No 129, Sector 2, Zhongshan District, Taipei, TWN, 104
Podak Co Ltd is engaged in the import and export trading of various motors, electronic components, and electrical machinery, as well as acting as an agent, bidding, and distributing for domestic and foreign manufacturers of the products. The company has identified three reportable segments: the Notebook Computers and Accessories segment, and the Desktop Computer Motherboards and Accessories segment both of which sell electronic components and related electrical machinery products. Geographically, its operations are spread across Taiwan, China, and Other Countries with the majority of the revenue generated from China.

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