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.
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.
Hong Wei Electrical Industry CoROCO:4565 86 Return-on-Tangible-Asset is 12.71% as of Dec. 2025, which is 13% above its 10-year median of 11.22. GuruFocus rates ROCO:4565 with a GF Score™ of 86/100 and a GF Value™ of NT$103.18 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,074 Industrial Products companies, Hong Wei Electrical Industry Co ranks better than 90.05% on this metric.
The historical rank and industry rank for Hong Wei Electrical Industry Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:4565'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.33 Med: 11.22 Max: 16.27
Current: 12.1
During the past 13 years, Hong Wei Electrical Industry Co's highest Return-on-Tangible-Asset was 16.27%. The lowest was 7.33%. And the median was 11.22%.
ROCO:4565's Return-on-Tangible-Asset is ranked better than 90.05% of 3074
companies
in the Industrial Products industry
Industry Median: 3.25
vs ROCO:4565: 12.10
Hong Wei Electrical Industry Co (ROCO:4565) 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.
Hong Wei Electrical Industry Co Return-on-Tangible-Asset Related Terms
Hong Wei Electrical Industry 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.
Hong Wei Electrical Industry Co Return-on-Tangible-Asset Chart
ROCO:4565 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Hong Wei Electrical Industry 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.
Hong Wei Electrical Industry Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hong Wei Electrical Industry Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hong Wei Electrical Industry 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 12.71% mean?
Hong Wei Electrical Industry Co (ROCO:4565) has a Return-on-Tangible-Asset of 12.71% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hong Wei Electrical Industry Co and its competitors. This is 13% above median its historical median of 11.22. Over the past decade, Hong Wei Electrical Industry Co's Return-on-Tangible-Asset has ranged from 7.33 to 16.27. According to the industry distribution chart, Hong Wei Electrical Industry Co ranks #306 out of 3074 companies in the Industrial Products industry, placing it in the top 10%.
Is Hong Wei Electrical Industry Co's Return-on-Tangible-Asset too high?
Hong Wei Electrical Industry Co's current Return-on-Tangible-Asset of 12.71% is 13% above median its 10-year median of 11.22. Over the past 10 years, this metric has ranged from a low of 7.33 to a high of 16.27. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Hong Wei Electrical Industry Co's value of 12.71% is 291.1% above this industry median. Based on the distribution chart, Hong Wei Electrical Industry Co ranks #306 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Wei Electrical Industry Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Wei Electrical Industry Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hong Wei Electrical Industry Co ranks #306 out of 3074 companies for Return-on-Tangible-Asset. This places Hong Wei Electrical Industry Co in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.25. Hong Wei Electrical Industry Co's value of 12.71% is 291.1% above this benchmark. Historically, Hong Wei Electrical Industry Co's own Return-on-Tangible-Asset has ranged from 7.33 to 16.27 over the past decade. While the company's 10-year median is 11.22 vs. the industry median of 3.25, Hong Wei Electrical Industry 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 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. Hong Wei Electrical Industry Co's current Return-on-Tangible-Asset of 12.71% is 291.1% 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 Hong Wei Electrical Industry Co 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. Hong Wei Electrical Industry Co's current Return-on-Tangible-Asset is 12.71%, which is 13% above median its own 10-year median of 11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Wei Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co (ROCO:4565) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$103.18, compared to a current price of NT$121.00 — trading 17.3% above its estimated fair value. The current Return-on-Tangible-Asset is 12.71%, which is 13% above median its 10-year median of 11.22 and 291.1% above the Industrial Products industry median of 3.25. Hong Wei Electrical Industry Co's overall GF Score™ is 86/100 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 Hong Wei Electrical Industry Co (ROCO:4565), the current Return-on-Tangible-Asset is 12.71% as of Dec. 2025. 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 Hong Wei Electrical Industry Co (ROCO:4565) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co stock appears to be overvalued.
The current stock price of NT$121.00 is trading 17.3% above its estimated GF Value™ of NT$103.18.
GuruFocus considers Hong Wei Electrical Industry Co to be Modestly Overvalued.
Key valuation signals for ROCO:4565:
Return-on-Tangible-Asset: 12.71% (13% above median its 10-year median of 11.22)
GF Value™: NT$103.18 vs. price of NT$121.00 (17.3% above fair value)
Industry Position: 291.1% above the Industrial Products median (#306 of 3074)
No single metric tells the full story. See the ROCO:4565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Wei Electrical Industry Co Ltd is a Taiwan based company involved in manufacturing vertical vehicles. Its products include Freight Elevators like 2 Panels Center Opening Door, 2 Panels Side Opening Door, 3 Panels Side Opening Door, and 4 Panels Center Opening Door; Driving system; Special Elevator, Passenger Elevator, and Automatic Conveyor.
86GF Score
Get the complete analysis for ROCO:4565
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:4565 has been successfully added to your 
