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TSC Auto ID TechnologyROCO:3611 +0.27%85 Return-on-Tangible-Asset is 9.09% as of Jun. 2026, which is 33% below its 10-year median of 13.62. GuruFocus rates ROCO:3611 with a GF Score™ of 85/100 and a GF Value™ of NT$270.75 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,502 Hardware companies, TSC Auto ID Technology ranks better than 84.37% 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. TSC Auto ID Technology's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$971 Mil. TSC Auto ID Technology's average total tangible assets for the quarter that ended in Jun. 2026 was NT$10,680 Mil. Therefore, TSC Auto ID Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.09%.
The historical rank and industry rank for TSC Auto ID Technology's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:3611'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.9 Med: 13.62 Max: 15.79
Current: 9.83
During the past 13 years, TSC Auto ID Technology's highest Return-on-Tangible-Asset was 15.79%. The lowest was 7.90%. And the median was 13.62%.
ROCO:3611's Return-on-Tangible-Asset is ranked better than 84.37% of 2502
companies
in the Hardware industry
Industry Median: 2.67
vs ROCO:3611: 9.83
TSC Auto ID Technology (ROCO:3611) 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.
TSC Auto ID Technology Return-on-Tangible-Asset Related Terms
TSC Auto ID Technology Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TSC Auto ID Technology'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.
TSC Auto ID Technology Return-on-Tangible-Asset Chart
ROCO:3611 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, TSC Auto ID Technology'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.
TSC Auto ID Technology Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, TSC Auto ID Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TSC Auto ID Technology'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.09% mean?
TSC Auto ID Technology (ROCO:3611) has a Return-on-Tangible-Asset of 9.09% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on TSC Auto ID Technology and its competitors. This is 33% below median its historical median of 13.62. Over the past decade, TSC Auto ID Technology's Return-on-Tangible-Asset has ranged from 7.90 to 15.79. According to the industry distribution chart, TSC Auto ID Technology ranks #391 out of 2502 companies in the Hardware industry, placing it in the top 15.6%.
Is TSC Auto ID Technology's Return-on-Tangible-Asset too high?
TSC Auto ID Technology's current Return-on-Tangible-Asset of 9.09% is 33% below median its 10-year median of 13.62. Over the past 10 years, this metric has ranged from a low of 7.90 to a high of 15.79. The Hardware industry median Return-on-Tangible-Asset is 2.67. TSC Auto ID Technology's value of 9.09% is 240.4% above this industry median. Based on the distribution chart, TSC Auto ID Technology ranks #391 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TSC Auto ID Technology has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSC Auto ID Technology's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, TSC Auto ID Technology ranks #391 out of 2502 companies for Return-on-Tangible-Asset. This places TSC Auto ID Technology in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.67. TSC Auto ID Technology's value of 9.09% is 240.4% above this benchmark. Historically, TSC Auto ID Technology's own Return-on-Tangible-Asset has ranged from 7.90 to 15.79 over the past decade. While the company's 10-year median is 13.62 vs. the industry median of 2.67, TSC Auto ID Technology 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 2.67, based on 2,502 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. TSC Auto ID Technology's current Return-on-Tangible-Asset of 9.09% is 240.4% 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 TSC Auto ID Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSC Auto ID Technology's current Return-on-Tangible-Asset is 9.09%, which is 33% below median its own 10-year median of 13.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSC Auto ID Technology stock overvalued right now?
Based on GuruFocus' analysis, TSC Auto ID Technology (ROCO:3611) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$270.75, compared to a current price of NT$188.00 — trading 30.6% below its estimated fair value. The current Return-on-Tangible-Asset is 9.09%, which is 33% below median its 10-year median of 13.62 and 240.4% above the Hardware industry median of 2.67. TSC Auto ID Technology's overall GF Score™ is 85/100 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 TSC Auto ID Technology (ROCO:3611), the current Return-on-Tangible-Asset is 9.09% as of Jun. 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 TSC Auto ID Technology (ROCO:3611) Overvalued in 2026?
Based on GuruFocus' analysis, TSC Auto ID Technology stock appears to be undervalued.
The current stock price of NT$188.00 is trading 30.6% below its estimated GF Value™ of NT$270.75.
GuruFocus considers TSC Auto ID Technology to be Significantly Undervalued.
Key valuation signals for ROCO:3611:
Return-on-Tangible-Asset: 9.09% (33% below median its 10-year median of 13.62)
GF Value™: NT$270.75 vs. price of NT$188.00 (30.6% below fair value)
Industry Position: 240.4% above the Hardware median (#391 of 2502)
No single metric tells the full story. See the ROCO:3611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSC Auto ID Technology Corp is a company in auto-identification systems/products manufacturing and services. Its product categories include Industrial Printers; Desktop Printers; Mobile Printers; Enterprise Printers; Print Engines and Modules; Barcode Inspection Printers; Color Label Printers; and others. The company's operating segments are; Segment A which generates the majority of the revenue, and sells barcode printers and relevant components, and Segment B sells labels and printer consumables and segment C Enterprise mobile computers. Geographically, the company derives its key revenue from America and the rest from China, Europe, Taiwan, and other parts of Asia.
85GF Score
Get the complete analysis for ROCO:3611
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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