OBI Pharma (ROCO:4174) Return-on-Tangible-Asset: -56.90% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4174 OBI Pharma Inc ROCO:4174
28 GF Score
Price NT$25.95
! 8 Warning Signs
View Full Analysis

What is OBI Pharma Return-on-Tangible-Asset?

OBI Pharma ROCO:4174 28 Return-on-Tangible-Asset is -56.90% as of Mar. 2026. GuruFocus rates ROCO:4174 with a GF Score™ of 28/100. The stock has 8 warning signs investors should review. Among 1,410 Biotechnology companies, OBI Pharma ranks worse than 61.7% 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. OBI Pharma's annualized Net Income for the quarter that ended in Mar. 2026 was NT$-1,761.97 Mil. OBI Pharma's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,096.72 Mil. Therefore, OBI Pharma's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -56.90%.

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

ROCO:4174' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -51.95   Med: -27.21   Max: -16.4
Current: -51.95

During the past 13 years, OBI Pharma's highest Return-on-Tangible-Asset was -16.40%. The lowest was -51.95%. And the median was -27.21%.

ROCO:4174's Return-on-Tangible-Asset is ranked worse than
61.7% of 1410 companies
in the Biotechnology industry
Industry Median: -35.87 vs ROCO:4174: -51.95

OBI Pharma  (ROCO:4174) 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.


OBI Pharma Return-on-Tangible-Asset Related Terms


OBI Pharma Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for OBI Pharma'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.

OBI Pharma Return-on-Tangible-Asset Chart

OBI Pharma Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.11 -31.22 -17.75 -41.51 -45.80

OBI Pharma Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -39.26 -57.44 -46.57 -46.92 -56.90

ROCO:4174 vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison

For the Biotechnology subindustry, OBI Pharma'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.


OBI Pharma Return-on-Tangible-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, OBI Pharma's Return-on-Tangible-Asset distribution charts can be found below:

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


ROCO:4174
28GF Score
OBI Pharma Inc ROCO:4174
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OBI Pharma Return-on-Tangible-Asset Calculation

OBI Pharma's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-2052.823/( (5590.852+3374.405)/ 2 )
=-2052.823/4482.6285
=-45.80 %

OBI Pharma's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-1761.968/( (3374.405+2819.031)/ 2 )
=-1761.968/3096.718
=-56.90 %

* 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 -56.90% mean?
OBI Pharma (ROCO:4174) has a Return-on-Tangible-Asset of -56.90% 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 OBI Pharma and its competitors. According to the industry distribution chart, OBI Pharma ranks #870 out of 1410 companies in the Biotechnology industry, placing it in the top 61.7%.
Is OBI Pharma's Return-on-Tangible-Asset too high?
OBI Pharma's current Return-on-Tangible-Asset is -56.90%. Based on the distribution chart, OBI Pharma ranks #870 out of 1410 companies in the Biotechnology industry, which is below the industry midpoint. Overall, OBI Pharma has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does OBI Pharma's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, OBI Pharma ranks #870 out of 1410 companies for Return-on-Tangible-Asset. This places OBI Pharma in the lower half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 OBI Pharma and its competitors. OBI Pharma's current Return-on-Tangible-Asset is -56.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OBI Pharma stock overvalued right now?
OBI Pharma (ROCO:4174) has a current Return-on-Tangible-Asset of -56.90%. The current Return-on-Tangible-Asset is -56.90%. OBI Pharma's overall GF Score™ is 28/100 with 8 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 OBI Pharma (ROCO:4174), the current Return-on-Tangible-Asset is -56.90% 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.

OBI Pharma Business Description

Address Zhongxiao East Road, 6th Floor, No. 508, Section 7, Nangang District, Taipei, TWN, 115
OBI Pharma Inc is engaged in the research and development of novel therapeutic agents and biologics for patients with unmet medical needs. The company has three reportable segments: the anti-cancer new drug segment, the botulinum toxin new drug segment, and the CDMO segment. Geographically, it generates the majority of its revenue from Taiwan.
28GF Score

Get the complete analysis for ROCO:4174

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$25.95
Price