Cayenne Entertainment Technology Co (ROCO:4946) Return-on-Tangible-Asset: 7.55% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:4946 Cayenne Entertainment Technology Co Ltd ROCO:4946
62 GF Score
Price NT$82.50
GF Value NT$400.91
Valuation Significantly Undervalued
View Full Analysis

What is Cayenne Entertainment Technology Co Return-on-Tangible-Asset?

Cayenne Entertainment Technology Co ROCO:4946 -2.02% 62 Return-on-Tangible-Asset is 7.55% as of Mar. 2026. GuruFocus rates ROCO:4946 with a GF Score™ of 62/100 and a GF Value™ of NT$400.91 (Significantly Undervalued). Among 564 Interactive Media companies, Cayenne Entertainment Technology Co ranks better than 65.07% 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. Cayenne Entertainment Technology Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$14.3 Mil. Cayenne Entertainment Technology Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$189.9 Mil. Therefore, Cayenne Entertainment Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.55%.

The historical rank and industry rank for Cayenne Entertainment Technology Co's Return-on-Tangible-Asset or its related term are showing as below:

ROCO:4946' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -69.14   Med: -19.82   Max: 18.59
Current: 5.72

During the past 13 years, Cayenne Entertainment Technology Co's highest Return-on-Tangible-Asset was 18.59%. The lowest was -69.14%. And the median was -19.82%.

ROCO:4946's Return-on-Tangible-Asset is ranked better than
65.07% of 564 companies
in the Interactive Media industry
Industry Median: 0.765 vs ROCO:4946: 5.72

Cayenne Entertainment Technology Co  (ROCO:4946) 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 company’s 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 company’s 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.


Cayenne Entertainment Technology Co Return-on-Tangible-Asset Related Terms


Cayenne Entertainment Technology Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cayenne Entertainment 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.

Cayenne Entertainment Technology Co Return-on-Tangible-Asset Chart

Cayenne Entertainment Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.95 -69.14 -64.41 -64.64 18.59

Cayenne Entertainment Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.19 21.98 -13.87 8.95 7.55

ROCO:4946 vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Cayenne Entertainment 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.


Cayenne Entertainment Technology Co Return-on-Tangible-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cayenne Entertainment Technology Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Cayenne Entertainment Technology Co's Return-on-Tangible-Asset falls into.


ROCO:4946
62GF Score
Cayenne Entertainment Technology Co Ltd ROCO:4946
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cayenne Entertainment Technology Co Return-on-Tangible-Asset Calculation

Cayenne Entertainment Technology Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=24.51/( (115.16+148.482)/ 2 )
=24.51/131.821
=18.59 %

Cayenne Entertainment Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=14.332/( (148.482+231.3)/ 2 )
=14.332/189.891
=7.55 %

* 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 7.55% mean?
Cayenne Entertainment Technology Co (ROCO:4946) has a Return-on-Tangible-Asset of 7.55% 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 Cayenne Entertainment Technology Co and its competitors. According to the industry distribution chart, Cayenne Entertainment Technology Co ranks #197 out of 564 companies in the Interactive Media industry, placing it in the top 34.9%.
Is Cayenne Entertainment Technology Co's Return-on-Tangible-Asset too high?
Cayenne Entertainment Technology Co's current Return-on-Tangible-Asset is 7.55%. The Interactive Media industry median Return-on-Tangible-Asset is 0.77. Cayenne Entertainment Technology Co's value of 7.55% is 886.9% above this industry median. Based on the distribution chart, Cayenne Entertainment Technology Co ranks #197 out of 564 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Cayenne Entertainment Technology Co has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cayenne Entertainment Technology Co's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Cayenne Entertainment Technology Co ranks #197 out of 564 companies for Return-on-Tangible-Asset. This puts Cayenne Entertainment Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.77. Cayenne Entertainment Technology Co's value of 7.55% is 886.9% above this benchmark. 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 Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.77, based on 564 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. Cayenne Entertainment Technology Co's current Return-on-Tangible-Asset of 7.55% is 886.9% 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 Cayenne Entertainment Technology Co and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cayenne Entertainment Technology Co's current Return-on-Tangible-Asset is 7.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cayenne Entertainment Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cayenne Entertainment Technology Co (ROCO:4946) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$400.91, compared to a current price of NT$82.50 — trading 79.4% below its estimated fair value. The current Return-on-Tangible-Asset is 7.55% and 886.9% above the Interactive Media industry median of 0.77. Cayenne Entertainment Technology Co's overall GF Score™ is 62/100. 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 Cayenne Entertainment Technology Co (ROCO:4946), the current Return-on-Tangible-Asset is 7.55% 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 Cayenne Entertainment Technology Co (ROCO:4946) Overvalued in 2026?

Based on GuruFocus' analysis, Cayenne Entertainment Technology Co stock appears to be undervalued. The current stock price of NT$82.50 is trading 79.4% below its estimated GF Value™ of NT$400.91. GuruFocus considers Cayenne Entertainment Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:4946:

  • Return-on-Tangible-Asset: 7.55%
  • GF Value™: NT$400.91 vs. price of NT$82.50 (79.4% below fair value)
  • GF Score™: 62/100
  • Industry Position: 886.9% above the Interactive Media median (#197 of 564)

No single metric tells the full story. See the ROCO:4946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cayenne Entertainment Technology Co Business Description

Address Lane 583, Ruiguang Road, 3rd Floor, No. 31, Neihu District, Taipei, TWN
Cayenne Entertainment Technology Co Ltd is a provider of online casual games in Taiwan. It offers online air combat games, action games, shooting games, fighting games, basketball and baseball games, racing games, and dating games.
62GF Score

Get the complete analysis for ROCO:4946

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$82.50
Price
NT$400.91
GF Value