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FineTek CoROCO:4549 -0.55%76 Return-on-Tangible-Asset is 6.45% as of Mar. 2026, which is 52% below its 10-year median of 13.48. GuruFocus rates ROCO:4549 with a GF Score™ of 76/100 and a GF Value™ of NT$105.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,501 Hardware companies, FineTek Co ranks better than 74.49% 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. FineTek Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$170 Mil. FineTek Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,630 Mil. Therefore, FineTek Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.45%.
The historical rank and industry rank for FineTek Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:4549'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.53 Med: 13.48 Max: 15.34
Current: 6.53
During the past 13 years, FineTek Co's highest Return-on-Tangible-Asset was 15.34%. The lowest was 6.53%. And the median was 13.48%.
ROCO:4549's Return-on-Tangible-Asset is ranked better than 74.49% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs ROCO:4549: 6.53
FineTek Co (ROCO:4549) 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.
FineTek Co Return-on-Tangible-Asset Related Terms
FineTek Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for FineTek 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.
ROCO:4549 vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, FineTek 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.
FineTek Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, FineTek Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where FineTek 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 6.45% mean?
FineTek Co (ROCO:4549) has a Return-on-Tangible-Asset of 6.45% 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 FineTek Co and its competitors. This is 52% below median its historical median of 13.48. Over the past decade, FineTek Co's Return-on-Tangible-Asset has ranged from 6.53 to 15.34. According to the industry distribution chart, FineTek Co ranks #638 out of 2501 companies in the Hardware industry, placing it in the top 25.5%.
Is FineTek Co's Return-on-Tangible-Asset too high?
FineTek Co's current Return-on-Tangible-Asset of 6.45% is 52% below median its 10-year median of 13.48. Over the past 10 years, this metric has ranged from a low of 6.53 to a high of 15.34. The Hardware industry median Return-on-Tangible-Asset is 2.48. FineTek Co's value of 6.45% is 160.1% above this industry median. Based on the distribution chart, FineTek Co ranks #638 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, FineTek Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FineTek Co's Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, FineTek Co ranks #638 out of 2501 companies for Return-on-Tangible-Asset. This puts FineTek Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.48. FineTek Co's value of 6.45% is 160.1% above this benchmark. Historically, FineTek Co's own Return-on-Tangible-Asset has ranged from 6.53 to 15.34 over the past decade. While the company's 10-year median is 13.48 vs. the industry median of 2.48, FineTek 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,501 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. FineTek Co's current Return-on-Tangible-Asset of 6.45% is 160.1% 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 FineTek Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FineTek Co's current Return-on-Tangible-Asset is 6.45%, which is 52% below median its own 10-year median of 13.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FineTek Co stock overvalued right now?
Based on GuruFocus' analysis, FineTek Co (ROCO:4549) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$105.49, compared to a current price of NT$90.30 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Asset is 6.45%, which is 52% below median its 10-year median of 13.48 and 160.1% above the Hardware industry median of 2.48. FineTek Co's overall GF Score™ is 76/100 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 FineTek Co (ROCO:4549), the current Return-on-Tangible-Asset is 6.45% 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 FineTek Co (ROCO:4549) Overvalued in 2026?
Based on GuruFocus' analysis, FineTek Co stock appears to be undervalued.
The current stock price of NT$90.30 is trading 14.4% below its estimated GF Value™ of NT$105.49.
GuruFocus considers FineTek Co to be Modestly Undervalued.
Key valuation signals for ROCO:4549:
Return-on-Tangible-Asset: 6.45% (52% below median its 10-year median of 13.48)
GF Value™: NT$105.49 vs. price of NT$90.30 (14.4% below fair value)
Industry Position: 160.1% above the Hardware median (#638 of 2501)
No single metric tells the full story. See the ROCO:4549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FineTek Co Ltd manufactures, designs, and sells transmitters, point switches, and electronic terminals. Its products include point switches, level transmitters, flow measurements, grain monitoring systems, safety instruments, and digital meters among others. The company supplies industrial sensors as well as solutions for Process Automation, Flow Metering, Wireless Communication Technology, and Tank Gauging systems. It derives revenue from Process automated sensor development, Pneumatic control system, and Others. It operates in four principal geographical areas, China, Taiwan, USA and Germany, of which Taiwan derives the maximum revenue.
76GF Score
Get the complete analysis for ROCO:4549
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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