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Force Mos Technology CoROCO:4923 +1.75%59 Return-on-Tangible-Asset is 6.15% as of Jun. 2026, which is 307% above its 10-year median of 1.51. GuruFocus rates ROCO:4923 with a GF Score™ of 59/100 and a GF Value™ of NT$44.35 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,031 Semiconductors companies, Force Mos Technology Co ranks worse than 87.39% 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. Force Mos Technology Co's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$53 Mil. Force Mos Technology Co's average total tangible assets for the quarter that ended in Jun. 2026 was NT$869 Mil. Therefore, Force Mos Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 6.15%.
The historical rank and industry rank for Force Mos Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:4923'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -20.96 Med: 1.51 Max: 20.46
Current: -3.27
During the past 13 years, Force Mos Technology Co's highest Return-on-Tangible-Asset was 20.46%. The lowest was -20.96%. And the median was 1.51%.
ROCO:4923's Return-on-Tangible-Asset is ranked worse than 87.39% of 1031
companies
in the Semiconductors industry
Industry Median: 2.88
vs ROCO:4923: -3.27
Force Mos Technology Co (ROCO:4923) 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.
Force Mos Technology Co Return-on-Tangible-Asset Related Terms
Force Mos Technology Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Force Mos Technology 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.
Force Mos Technology Co Return-on-Tangible-Asset Chart
ROCO:4923 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Force Mos Technology 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.
Force Mos Technology Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Force Mos Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Force Mos Technology 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.15% mean?
Force Mos Technology Co (ROCO:4923) has a Return-on-Tangible-Asset of 6.15% 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 Force Mos Technology Co and its competitors. This is 307% above median its historical median of 1.51. According to the industry distribution chart, Force Mos Technology Co ranks #901 out of 1031 companies in the Semiconductors industry, placing it in the top 87.4%.
Is Force Mos Technology Co's Return-on-Tangible-Asset too high?
Force Mos Technology Co's current Return-on-Tangible-Asset of 6.15% is 307% above median its 10-year median of 1.51. The Semiconductors industry median Return-on-Tangible-Asset is 2.88. Force Mos Technology Co's value of 6.15% is 113.5% above this industry median. Based on the distribution chart, Force Mos Technology Co ranks #901 out of 1031 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Force Mos Technology Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Force Mos Technology Co's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Force Mos Technology Co ranks #901 out of 1031 companies for Return-on-Tangible-Asset. This places Force Mos Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.88. Force Mos Technology Co's value of 6.15% is 113.5% above this benchmark. While the company's 10-year median is 1.51 vs. the industry median of 2.88, Force Mos Technology 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.88, based on 1,031 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. Force Mos Technology Co's current Return-on-Tangible-Asset of 6.15% is 113.5% 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 Force Mos Technology Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Force Mos Technology Co's current Return-on-Tangible-Asset is 6.15%, which is 307% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Force Mos Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Force Mos Technology Co (ROCO:4923) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$44.35, compared to a current price of NT$52.40 — trading 18.2% above its estimated fair value. The current Return-on-Tangible-Asset is 6.15%, which is 307% above median its 10-year median of 1.51 and 113.5% above the Semiconductors industry median of 2.88. Force Mos Technology Co's overall GF Score™ is 59/100 with 3 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 Force Mos Technology Co (ROCO:4923), the current Return-on-Tangible-Asset is 6.15% 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 Force Mos Technology Co (ROCO:4923) Overvalued in 2026?
Based on GuruFocus' analysis, Force Mos Technology Co stock appears to be overvalued.
The current stock price of NT$52.40 is trading 18.2% above its estimated GF Value™ of NT$44.35.
GuruFocus considers Force Mos Technology Co to be Modestly Overvalued.
Key valuation signals for ROCO:4923:
Return-on-Tangible-Asset: 6.15% (307% above median its 10-year median of 1.51)
GF Value™: NT$44.35 vs. price of NT$52.40 (18.2% above fair value)
Industry Position: 113.5% above the Semiconductors median (#901 of 1031)
No single metric tells the full story. See the ROCO:4923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Force Mos Technology Co Ltd is mainly engaged in the manufacture of electronic components, wholesale of electronic materials, information software services and international trading, etc. The Group operates only a single industry, and is mainly engaged in design, research, development, manufacture, test, and sales, etc. of professional power electronic component. The company's products and services includes TrenchMosfet, Wafer, Diode, Transistor, and ESD. The company has presence in Taiwan and Mainland China.
59GF Score
Get the complete analysis for ROCO:4923
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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