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King Chou Marine Technology CoROCO:4417 -1.05%76 Return-on-Tangible-Asset is 5.26% as of Mar. 2026, which is 29% below its 10-year median of 7.38. GuruFocus rates ROCO:4417 with a GF Score™ of 76/100 and a GF Value™ of NT$46.64 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, King Chou Marine Technology Co ranks better than 87.63% on this metric.
The historical rank and industry rank for King Chou Marine Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:4417'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.14 Med: 7.38 Max: 10.66
Current: 9.35
During the past 13 years, King Chou Marine Technology Co's highest Return-on-Tangible-Asset was 10.66%. The lowest was 6.14%. And the median was 7.38%.
ROCO:4417's Return-on-Tangible-Asset is ranked better than 87.63% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.19
vs ROCO:4417: 9.35
King Chou Marine Technology Co (ROCO:4417) 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.
King Chou Marine Technology Co Return-on-Tangible-Asset Related Terms
King Chou Marine Technology Co Return-on-Tangible-Asset Historical Data
* 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.
King Chou Marine Technology Co Return-on-Tangible-Asset Chart
King Chou Marine Technology Co Return-on-Tangible-Asset Competitor Comparison
For the Textile Manufacturing subindustry, King Chou Marine Technology 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.
King Chou Marine Technology Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, King Chou Marine Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where King Chou Marine Technology Co'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 5.26% mean?
King Chou Marine Technology Co (ROCO:4417) has a Return-on-Tangible-Asset of 5.26% 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 King Chou Marine Technology Co and its competitors. This is 29% below median its historical median of 7.38. Over the past decade, King Chou Marine Technology Co's Return-on-Tangible-Asset has ranged from 6.14 to 10.66. According to the industry distribution chart, King Chou Marine Technology Co ranks #132 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.4%.
Is King Chou Marine Technology Co's Return-on-Tangible-Asset too high?
King Chou Marine Technology Co's current Return-on-Tangible-Asset of 5.26% is 29% below median its 10-year median of 7.38. Over the past 10 years, this metric has ranged from a low of 6.14 to a high of 10.66. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.19. King Chou Marine Technology Co's value of 5.26% is 140.2% above this industry median. Based on the distribution chart, King Chou Marine Technology Co ranks #132 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, King Chou Marine Technology Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does King Chou Marine Technology Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, King Chou Marine Technology Co ranks #132 out of 1067 companies for Return-on-Tangible-Asset. This places King Chou Marine Technology Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.19. King Chou Marine Technology Co's value of 5.26% is 140.2% above this benchmark. Historically, King Chou Marine Technology Co's own Return-on-Tangible-Asset has ranged from 6.14 to 10.66 over the past decade. While the company's 10-year median is 7.38 vs. the industry median of 2.19, King Chou Marine Technology Co 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.19, based on 1,067 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. King Chou Marine Technology Co's current Return-on-Tangible-Asset of 5.26% is 140.2% 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 King Chou Marine Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Chou Marine Technology Co's current Return-on-Tangible-Asset is 5.26%, which is 29% below median its own 10-year median of 7.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Chou Marine Technology Co stock overvalued right now?
Based on GuruFocus' analysis, King Chou Marine Technology Co (ROCO:4417) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.64, compared to a current price of NT$46.95 — trading 0.7% above its estimated fair value. The current Return-on-Tangible-Asset is 5.26%, which is 29% below median its 10-year median of 7.38 and 140.2% above the Manufacturing - Apparel & Accessories industry median of 2.19. King Chou Marine Technology Co's overall GF Score™ is 76/100 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 King Chou Marine Technology Co (ROCO:4417), the current Return-on-Tangible-Asset is 5.26% 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.
Is King Chou Marine Technology Co (ROCO:4417) Overvalued in 2026?
Based on GuruFocus' analysis, King Chou Marine Technology Co stock appears to be overvalued.
The current stock price of NT$46.95 is trading 0.7% above its estimated GF Value™ of NT$46.64.
GuruFocus considers King Chou Marine Technology Co to be Fairly Valued.
Key valuation signals for ROCO:4417:
Return-on-Tangible-Asset: 5.26% (29% below median its 10-year median of 7.38)
GF Value™: NT$46.64 vs. price of NT$46.95 (0.7% above fair value)
Industry Position: 140.2% above the Manufacturing - Apparel & Accessories median (#132 of 1067)
No single metric tells the full story. See the ROCO:4417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King Chou Marine Technology Co Ltd engages in the manufacturing, processing, domestic/export sales and export/import trade of a variety of fishing nets, twines and ropes. Its products include Nylon Twisted Net, Nylon Braided Net, Polyester Twisted Net, Polyster Braided Net, PE Twisted Net, Nylon Monofilament Net ( Regular and Flat type ), Nylon Multi-Mono Net, PE Braided Net, Nylon Raschel Knotless Net, Polyester Raschel Knotless Net, Nylon Super-Knot Knotless Net, PE Raschel Knotless Net, KK Raschel Knotless Net, and KK Braided Net. Its segments include King Chou, Kunshan King Chou, Vietnam King ChouIndonesia King Da, and Others.
76GF Score
Get the complete analysis for ROCO:4417
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