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The historical rank and industry rank for Mechema Chemicals International's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:4721'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.18 Med: 10.54 Max: 17.95
Current: 15.72
During the past 13 years, Mechema Chemicals International's highest Return-on-Tangible-Asset was 17.95%. The lowest was -1.18%. And the median was 10.54%.
ROCO:4721's Return-on-Tangible-Asset is ranked better than 94.81% of 1618
companies
in the Chemicals industry
Industry Median: 3.62
vs ROCO:4721: 15.72
Mechema Chemicals International (ROCO:4721) 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.
Mechema Chemicals International Return-on-Tangible-Asset Related Terms
Mechema Chemicals International 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.
Mechema Chemicals International Return-on-Tangible-Asset Chart
ROCO:4721 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Mechema Chemicals International'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.
Mechema Chemicals International Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mechema Chemicals International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mechema Chemicals International'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 20.43% mean?
Mechema Chemicals International (ROCO:4721) has a Return-on-Tangible-Asset of 20.43% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mechema Chemicals International and its competitors. This is 94% above median its historical median of 10.54. According to the industry distribution chart, Mechema Chemicals International ranks #84 out of 1618 companies in the Chemicals industry, placing it in the top 5.2%.
Is Mechema Chemicals International's Return-on-Tangible-Asset too high?
Mechema Chemicals International's current Return-on-Tangible-Asset of 20.43% is 94% above median its 10-year median of 10.54. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Mechema Chemicals International's value of 20.43% is 464.4% above this industry median. Based on the distribution chart, Mechema Chemicals International ranks #84 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Mechema Chemicals International has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mechema Chemicals International's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mechema Chemicals International ranks #84 out of 1618 companies for Return-on-Tangible-Asset. This places Mechema Chemicals International in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.62. Mechema Chemicals International's value of 20.43% is 464.4% above this benchmark. While the company's 10-year median is 10.54 vs. the industry median of 3.62, Mechema Chemicals International 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,618 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. Mechema Chemicals International's current Return-on-Tangible-Asset of 20.43% is 464.4% 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 Mechema Chemicals International and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mechema Chemicals International's current Return-on-Tangible-Asset is 20.43%, which is 94% above median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mechema Chemicals International stock overvalued right now?
Based on GuruFocus' analysis, Mechema Chemicals International (ROCO:4721) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$86.40, compared to a current price of NT$73.50 — trading 14.9% below its estimated fair value. The current Return-on-Tangible-Asset is 20.43%, which is 94% above median its 10-year median of 10.54 and 464.4% above the Chemicals industry median of 3.62. Mechema Chemicals International's overall GF Score™ is 74/100 with 5 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 Mechema Chemicals International (ROCO:4721), the current Return-on-Tangible-Asset is 20.43% as of Jun. 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 Mechema Chemicals International (ROCO:4721) Overvalued in 2026?
Based on GuruFocus' analysis, Mechema Chemicals International stock appears to be undervalued.
The current stock price of NT$73.50 is trading 14.9% below its estimated GF Value™ of NT$86.40.
GuruFocus considers Mechema Chemicals International to be Modestly Undervalued.
Key valuation signals for ROCO:4721:
Return-on-Tangible-Asset: 20.43% (94% above median its 10-year median of 10.54)
GF Value™: NT$86.40 vs. price of NT$73.50 (14.9% below fair value)
Industry Position: 464.4% above the Chemicals median (#84 of 1618)
No single metric tells the full story. See the ROCO:4721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mechema Chemicals International Corp is engaged in the manufacturing, distribution, sales, import, and export of cobalt and its compounds and manganese and its compounds. The segments of the company are the oxidation catalysts and the battery material department. Maximum revenue is derives from Battery Material Department. Geographically, it has a presence in Taiwan, China, Korea, Thailand, Malaysia, Indonesia, Japan, and Other regions.
74GF Score
Get the complete analysis for ROCO:4721
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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