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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. Quaser Machine Tools's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$-115 Mil. Quaser Machine Tools's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,839 Mil. Therefore, Quaser Machine Tools's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -3.00%.
The historical rank and industry rank for Quaser Machine Tools's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:4563'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.98 Med: 3.26 Max: 6.01
Current: -6
During the past 13 years, Quaser Machine Tools's highest Return-on-Tangible-Asset was 6.01%. The lowest was -9.98%. And the median was 3.26%.
ROCO:4563's Return-on-Tangible-Asset is ranked worse than 85.69% of 3074
companies
in the Industrial Products industry
Industry Median: 3.25
vs ROCO:4563: -6.00
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.
Quaser Machine Tools Return-on-Tangible-Asset Related Terms
Quaser Machine Tools Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Quaser Machine Tools'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:4563 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Quaser Machine Tools'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.
Quaser Machine Tools Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Quaser Machine Tools's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Quaser Machine Tools'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 -3.00% mean?
Quaser Machine Tools (ROCO:4563) has a Return-on-Tangible-Asset of -3.00% 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 Quaser Machine Tools and its competitors. According to the industry distribution chart, Quaser Machine Tools ranks #2634 out of 3074 companies in the Industrial Products industry, placing it in the top 85.7%.
Is Quaser Machine Tools' Return-on-Tangible-Asset too high?
Quaser Machine Tools' current Return-on-Tangible-Asset is -3.00%. Based on the distribution chart, Quaser Machine Tools ranks #2634 out of 3074 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Quaser Machine Tools has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quaser Machine Tools' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Quaser Machine Tools ranks #2634 out of 3074 companies for Return-on-Tangible-Asset. This places Quaser Machine Tools in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.25. 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 3.25, based on 3,074 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. 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 Quaser Machine Tools and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quaser Machine Tools's current Return-on-Tangible-Asset is -3.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quaser Machine Tools stock overvalued right now?
Based on GuruFocus' analysis, Quaser Machine Tools (ROCO:4563) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$50.82, compared to a current price of NT$40.50 — trading 20.3% below its estimated fair value. The current Return-on-Tangible-Asset is -3.00%. Quaser Machine Tools' overall GF Score™ is 61/100 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 Quaser Machine Tools (ROCO:4563), the current Return-on-Tangible-Asset is -3.00% 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 Quaser Machine Tools (ROCO:4563) Overvalued in 2026?
Based on GuruFocus' analysis, Quaser Machine Tools stock appears to be undervalued.
The current stock price of NT$40.50 is trading 20.3% below its estimated GF Value™ of NT$50.82.
GuruFocus considers Quaser Machine Tools to be Modestly Undervalued.
Key valuation signals for ROCO:4563:
Return-on-Tangible-Asset: -3.00%
GF Value™: NT$50.82 vs. price of NT$40.50 (20.3% below fair value)
No single metric tells the full story. See the ROCO:4563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quaser Machine Tools Inc is engaged in the manufacturing and sales of computer numerical control (CNC) machine centers, metal-working machines, and related machines. The group has two reportable segments: Computer Numerical Control Machines, engaged in manufacturing and selling computer numerical control machines, and Aerospace Processing Machines, engaged in aerospace processing machines. It derives the majority of its revenue from Aerospace Processing Machines. It generates maximum revenue from Europe.
61GF Score
Get the complete analysis for ROCO:4563
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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