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GigastoneROCO:5262 +6.56%77 Return-on-Tangible-Asset is 15.16% as of Mar. 2026, which is 310% above its 10-year median of 3.70. GuruFocus rates ROCO:5262 with a GF Score™ of 77/100 and a GF Value™ of NT$37.37 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,029 Semiconductors companies, Gigastone ranks better than 70.07% 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. Gigastone's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$328 Mil. Gigastone's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,167 Mil. Therefore, Gigastone's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.16%.
The historical rank and industry rank for Gigastone's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:5262'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.3 Med: 3.7 Max: 18.87
Current: 7.15
During the past 13 years, Gigastone's highest Return-on-Tangible-Asset was 18.87%. The lowest was -10.30%. And the median was 3.70%.
ROCO:5262's Return-on-Tangible-Asset is ranked better than 70.07% of 1029
companies
in the Semiconductors industry
Industry Median: 2.82
vs ROCO:5262: 7.15
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.
Gigastone Return-on-Tangible-Asset Related Terms
Gigastone Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gigastone'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.
ROCO:5262 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Gigastone'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.
Gigastone Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Gigastone's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gigastone'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 15.16% mean?
Gigastone (ROCO:5262) has a Return-on-Tangible-Asset of 15.16% 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 Gigastone and its competitors. This is 310% above median its historical median of 3.70. According to the industry distribution chart, Gigastone ranks #308 out of 1029 companies in the Semiconductors industry, placing it in the top 29.9%.
Is Gigastone's Return-on-Tangible-Asset too high?
Gigastone's current Return-on-Tangible-Asset of 15.16% is 310% above median its 10-year median of 3.70. The Semiconductors industry median Return-on-Tangible-Asset is 2.82. Gigastone's value of 15.16% is 437.6% above this industry median. Based on the distribution chart, Gigastone ranks #308 out of 1029 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Gigastone has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gigastone's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Gigastone ranks #308 out of 1029 companies for Return-on-Tangible-Asset. This puts Gigastone in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.82. Gigastone's value of 15.16% is 437.6% above this benchmark. While the company's 10-year median is 3.70 vs. the industry median of 2.82, Gigastone 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 2.82, based on 1,029 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. Gigastone's current Return-on-Tangible-Asset of 15.16% is 437.6% 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 Gigastone and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gigastone's current Return-on-Tangible-Asset is 15.16%, which is 310% above median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigastone stock overvalued right now?
Based on GuruFocus' analysis, Gigastone (ROCO:5262) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$37.37, compared to a current price of NT$47.95 — trading 28.3% above its estimated fair value. The current Return-on-Tangible-Asset is 15.16%, which is 310% above median its 10-year median of 3.70 and 437.6% above the Semiconductors industry median of 2.82. Gigastone's overall GF Score™ is 77/100 with 8 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 Gigastone (ROCO:5262), the current Return-on-Tangible-Asset is 15.16% 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 Gigastone (ROCO:5262) Overvalued in 2026?
Based on GuruFocus' analysis, Gigastone stock appears to be overvalued.
The current stock price of NT$47.95 is trading 28.3% above its estimated GF Value™ of NT$37.37.
GuruFocus considers Gigastone to be Modestly Overvalued.
Key valuation signals for ROCO:5262:
Return-on-Tangible-Asset: 15.16% (310% above median its 10-year median of 3.70)
GF Value™: NT$37.37 vs. price of NT$47.95 (28.3% above fair value)
Industry Position: 437.6% above the Semiconductors median (#308 of 1029)
No single metric tells the full story. See the ROCO:5262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gigastone Corp is a Taiwan based company involved in the businesses of Memory Module, Wireless/Networking Module, and Control IC and Display Module. The product portfolio of the company consists of SD Card, TF Card, OTG Flash Drives, Wireless Charger, and Wireless Smart Battery among others.
77GF Score
Get the complete analysis for ROCO:5262
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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