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The historical rank and industry rank for Silicon Power Computermmunication's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:4973'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.68 Med: 3.74 Max: 17.28
Current: 17.28
During the past 13 years, Silicon Power Computermmunication's highest Return-on-Tangible-Asset was 17.28%. The lowest was 0.68%. And the median was 3.74%.
ROCO:4973's Return-on-Tangible-Asset is ranked better than 95.72% of 2501
companies
in the Hardware industry
Industry Median: 2.46
vs ROCO:4973: 17.28
Silicon Power Computermmunication (ROCO:4973) 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.
Silicon Power Computermmunication Return-on-Tangible-Asset Related Terms
Silicon Power Computermmunication 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.
Silicon Power Computermmunication Return-on-Tangible-Asset Chart
ROCO:4973 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Silicon Power Computermmunication'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.
Silicon Power Computermmunication Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Silicon Power Computermmunication's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Silicon Power Computermmunication'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 44.46% mean?
Silicon Power Computermmunication (ROCO:4973) has a Return-on-Tangible-Asset of 44.46% 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 Silicon Power Computermmunication and its competitors. This is 1089% above median its historical median of 3.74. Over the past decade, Silicon Power Computermmunication's Return-on-Tangible-Asset has ranged from 0.68 to 17.28. According to the industry distribution chart, Silicon Power Computermmunication ranks #107 out of 2501 companies in the Hardware industry, placing it in the top 4.3%.
Is Silicon Power Computermmunication's Return-on-Tangible-Asset too high?
Silicon Power Computermmunication's current Return-on-Tangible-Asset of 44.46% is 1089% above median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 17.28. The Hardware industry median Return-on-Tangible-Asset is 2.46. Silicon Power Computermmunication's value of 44.46% is 1707.3% above this industry median. Based on the distribution chart, Silicon Power Computermmunication ranks #107 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Silicon Power Computermmunication has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Silicon Power Computermmunication's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Silicon Power Computermmunication ranks #107 out of 2501 companies for Return-on-Tangible-Asset. This places Silicon Power Computermmunication in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.46. Silicon Power Computermmunication's value of 44.46% is 1707.3% above this benchmark. Historically, Silicon Power Computermmunication's own Return-on-Tangible-Asset has ranged from 0.68 to 17.28 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 2.46, Silicon Power Computermmunication 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.46, based on 2,501 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. Silicon Power Computermmunication's current Return-on-Tangible-Asset of 44.46% is 1707.3% 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 Silicon Power Computermmunication and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silicon Power Computermmunication's current Return-on-Tangible-Asset is 44.46%, which is 1089% above median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silicon Power Computermmunication stock overvalued right now?
Based on GuruFocus' analysis, Silicon Power Computermmunication (ROCO:4973) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.25, compared to a current price of NT$156.00 — trading 307.8% above its estimated fair value. The current Return-on-Tangible-Asset is 44.46%, which is 1089% above median its 10-year median of 3.74 and 1707.3% above the Hardware industry median of 2.46. Silicon Power Computermmunication's overall GF Score™ is 46/100 with 4 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 Silicon Power Computermmunication (ROCO:4973), the current Return-on-Tangible-Asset is 44.46% 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 Silicon Power Computermmunication (ROCO:4973) Overvalued in 2026?
Based on GuruFocus' analysis, Silicon Power Computermmunication stock appears to be overvalued.
The current stock price of NT$156.00 is trading 307.8% above its estimated GF Value™ of NT$38.25.
GuruFocus considers Silicon Power Computermmunication to be Significantly Overvalued.
Key valuation signals for ROCO:4973:
Return-on-Tangible-Asset: 44.46% (1089% above median its 10-year median of 3.74)
GF Value™: NT$38.25 vs. price of NT$156.00 (307.8% above fair value)
Industry Position: 1707.3% above the Hardware median (#107 of 2501)
No single metric tells the full story. See the ROCO:4973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Silicon Power Computer & Communication Inc is mainly engaged in the manufacturing and trading of data storage, processing equipment, and electronic components. Its products include Solid State Drives (SSDs), Memory, Memory Cards, USB Flash Drives, Hard Drives (HDDs), Power Banks, Memory Modules, Industrial Memory Products, and Accessories. The Company operates in America, Asia, Europe, Taiwan, Oceania, and other regions, with America generating the maximum revenue.
46GF Score
Get the complete analysis for ROCO:4973
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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