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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. Falcon Machine Tools Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$22 Mil. Falcon Machine Tools Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,950 Mil. Therefore, Falcon Machine Tools Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.56%.
The historical rank and industry rank for Falcon Machine Tools Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:4513'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.17 Med: -0.72 Max: 4.29
Current: -3.69
During the past 13 years, Falcon Machine Tools Co's highest Return-on-Tangible-Asset was 4.29%. The lowest was -5.17%. And the median was -0.72%.
ROCO:4513's Return-on-Tangible-Asset is ranked worse than 82.26% of 3077
companies
in the Industrial Products industry
Industry Median: 3.31
vs ROCO:4513: -3.69
Falcon Machine Tools Co (ROCO:4513) 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.
Falcon Machine Tools Co Return-on-Tangible-Asset Related Terms
Falcon Machine Tools Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Falcon Machine Tools 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.
Falcon Machine Tools Co Return-on-Tangible-Asset Chart
ROCO:4513 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Falcon Machine Tools 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.
Falcon Machine Tools Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Falcon Machine Tools Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Falcon Machine Tools 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 0.56% mean?
Falcon Machine Tools Co (ROCO:4513) has a Return-on-Tangible-Asset of 0.56% 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 Falcon Machine Tools Co and its competitors. According to the industry distribution chart, Falcon Machine Tools Co ranks #2531 out of 3077 companies in the Industrial Products industry, placing it in the top 82.3%.
Is Falcon Machine Tools Co's Return-on-Tangible-Asset too high?
Falcon Machine Tools Co's current Return-on-Tangible-Asset is 0.56%. The Industrial Products industry median Return-on-Tangible-Asset is 3.31. Falcon Machine Tools Co's value of 0.56% is 83.1% below this industry median. Based on the distribution chart, Falcon Machine Tools Co ranks #2531 out of 3077 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Falcon Machine Tools Co has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Falcon Machine Tools Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Falcon Machine Tools Co ranks #2531 out of 3077 companies for Return-on-Tangible-Asset. This places Falcon Machine Tools Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Falcon Machine Tools Co's value of 0.56% is 83.1% below this benchmark. 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.31, based on 3,077 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. Falcon Machine Tools Co's current Return-on-Tangible-Asset of 0.56% is 83.1% 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 Falcon Machine Tools Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Falcon Machine Tools Co's current Return-on-Tangible-Asset is 0.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Falcon Machine Tools Co stock overvalued right now?
Based on GuruFocus' analysis, Falcon Machine Tools Co (ROCO:4513) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.43, compared to a current price of NT$17.00 — trading 16.8% below its estimated fair value. The current Return-on-Tangible-Asset is 0.56% and 83.1% below the Industrial Products industry median of 3.31. Falcon Machine Tools Co's overall GF Score™ is 49/100 with 6 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 Falcon Machine Tools Co (ROCO:4513), the current Return-on-Tangible-Asset is 0.56% 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 Falcon Machine Tools Co (ROCO:4513) Overvalued in 2026?
Based on GuruFocus' analysis, Falcon Machine Tools Co stock appears to be undervalued.
The current stock price of NT$17.00 is trading 16.8% below its estimated GF Value™ of NT$20.43.
GuruFocus considers Falcon Machine Tools Co to be Modestly Undervalued.
Key valuation signals for ROCO:4513:
Return-on-Tangible-Asset: 0.56%
GF Value™: NT$20.43 vs. price of NT$17.00 (16.8% below fair value)
Industry Position: 83.1% below the Industrial Products median (#2531 of 3077)
No single metric tells the full story. See the ROCO:4513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Falcon Machine Tools Co Ltd manufactures and sells grinding, milling, turning machines, and other products. Its products include grinders, lathes, millers, planers, drill presses, and saw machines among others. It is also engaged in manufacturing and trading computer accessories and electronic parts, and the development, leasing, and sale of residential housing and buildings. The company's reportable segments include Taiwan Falcon which generates key revenue, Chevalier Machinery, Inc., Mainland Region, and others. Geographically, the company derives its key revenue from America and the rest from Mainland China, Taiwan, Europe, and other regions.
49GF Score
Get the complete analysis for ROCO:4513
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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