Vanguard International Semiconductor (ROCO:5347) Return-on-Tangible-Asset: 3.83% (As of Dec. 2025) — 74% Below Median

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ROCO:5347 Vanguard International Semiconductor Corp ROCO:5347
75 GF Score
Price NT$157.00
GF Value NT$100.56
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vanguard International Semiconductor Return-on-Tangible-Asset?

Vanguard International Semiconductor ROCO:5347 -6.82% 75 Return-on-Tangible-Asset is 3.83% as of Dec. 2025, which is 74% below its 10-year median of 14.67. GuruFocus rates ROCO:5347 with a GF Score™ of 75/100 and a GF Value™ of NT$100.56 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,028 Semiconductors companies, Vanguard International Semiconductor ranks better than 61.48% 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. Vanguard International Semiconductor's annualized Net Income for the quarter that ended in Dec. 2025 was NT$6,990 Mil. Vanguard International Semiconductor's average total tangible assets for the quarter that ended in Dec. 2025 was NT$182,349 Mil. Therefore, Vanguard International Semiconductor's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.83%.

The historical rank and industry rank for Vanguard International Semiconductor's Return-on-Tangible-Asset or its related term are showing as below:

ROCO:5347' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.61   Med: 14.67   Max: 21.74
Current: 4.85

During the past 13 years, Vanguard International Semiconductor's highest Return-on-Tangible-Asset was 21.74%. The lowest was 4.61%. And the median was 14.67%.

ROCO:5347's Return-on-Tangible-Asset is ranked better than
61.48% of 1028 companies
in the Semiconductors industry
Industry Median: 2.685 vs ROCO:5347: 4.85

Vanguard International Semiconductor  (ROCO:5347) 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.


Vanguard International Semiconductor Return-on-Tangible-Asset Related Terms


Vanguard International Semiconductor Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Vanguard International Semiconductor'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.

Vanguard International Semiconductor Return-on-Tangible-Asset Chart

Vanguard International Semiconductor 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 21.74 18.41 7.27 5.69 4.61

Vanguard International Semiconductor Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 5.74 6.51 5.35 4.24 3.83

ROCO:5347 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison

For the Semiconductors subindustry, Vanguard International Semiconductor'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.


Vanguard International Semiconductor Return-on-Tangible-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vanguard International Semiconductor's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vanguard International Semiconductor's Return-on-Tangible-Asset falls into.


ROCO:5347
75GF Score
Vanguard International Semiconductor Corp ROCO:5347
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vanguard International Semiconductor Return-on-Tangible-Asset Calculation

Vanguard International Semiconductor'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 )
=7907.502/( (145471.082+197395.772)/ 2 )
=7907.502/171433.427
=4.61 %

Vanguard International Semiconductor's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=6990.016/( (167302.132+197395.772)/ 2 )
=6990.016/182348.952
=3.83 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 3.83% mean?
Vanguard International Semiconductor (ROCO:5347) has a Return-on-Tangible-Asset of 3.83% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vanguard International Semiconductor and its competitors. This is 74% below median its historical median of 14.67. Over the past decade, Vanguard International Semiconductor's Return-on-Tangible-Asset has ranged from 4.61 to 21.74. According to the industry distribution chart, Vanguard International Semiconductor ranks #396 out of 1028 companies in the Semiconductors industry, placing it in the top 38.5%.
Is Vanguard International Semiconductor's Return-on-Tangible-Asset too high?
Vanguard International Semiconductor's current Return-on-Tangible-Asset of 3.83% is 74% below median its 10-year median of 14.67. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 21.74. The Semiconductors industry median Return-on-Tangible-Asset is 2.69. Vanguard International Semiconductor's value of 3.83% is 42.6% above this industry median. Based on the distribution chart, Vanguard International Semiconductor ranks #396 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Vanguard International Semiconductor has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vanguard International Semiconductor's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Vanguard International Semiconductor ranks #396 out of 1028 companies for Return-on-Tangible-Asset. This puts Vanguard International Semiconductor in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.69. Vanguard International Semiconductor's value of 3.83% is 42.6% above this benchmark. Historically, Vanguard International Semiconductor's own Return-on-Tangible-Asset has ranged from 4.61 to 21.74 over the past decade. While the company's 10-year median is 14.67 vs. the industry median of 2.69, Vanguard International Semiconductor 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 2.69, based on 1,028 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. Vanguard International Semiconductor's current Return-on-Tangible-Asset of 3.83% is 42.6% 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 Vanguard International Semiconductor and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanguard International Semiconductor's current Return-on-Tangible-Asset is 3.83%, which is 74% below median its own 10-year median of 14.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanguard International Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Vanguard International Semiconductor (ROCO:5347) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$100.56, compared to a current price of NT$157.00 — trading 56.1% above its estimated fair value. The current Return-on-Tangible-Asset is 3.83%, which is 74% below median its 10-year median of 14.67 and 42.6% above the Semiconductors industry median of 2.69. Vanguard International Semiconductor's overall GF Score™ is 75/100 with 7 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 Vanguard International Semiconductor (ROCO:5347), the current Return-on-Tangible-Asset is 3.83% as of Dec. 2025. 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 Vanguard International Semiconductor (ROCO:5347) Overvalued in 2026?

Based on GuruFocus' analysis, Vanguard International Semiconductor stock appears to be overvalued. The current stock price of NT$157.00 is trading 56.1% above its estimated GF Value™ of NT$100.56. GuruFocus considers Vanguard International Semiconductor to be Significantly Overvalued.

Key valuation signals for ROCO:5347:

  • Return-on-Tangible-Asset: 3.83% (74% below median its 10-year median of 14.67)
  • GF Value™: NT$100.56 vs. price of NT$157.00 (56.1% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 42.6% above the Semiconductors median (#396 of 1028)

No single metric tells the full story. See the ROCO:5347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vanguard International Semiconductor Business Description

Address No. 123, Park Road 3, Hsinchu Science Park, Hsinchu, TWN, 300096
Vanguard International Semiconductor Corp is engaged mainly in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. Its services, manufacturing, and technology include BCD/UHV/SOI, Discrete, HV, Sensors/MEMS, eFlash, GaN, Fab Capacity, Intelligent Manufacturing and Management, Services, MPW, Program, Mask Services, Backend Services, Automotive, Design Support. Its Design Services include Libraries & IP Geographically, it derives revenue from Asia and America.
75GF Score

Get the complete analysis for ROCO:5347

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

NT$157.00
Price
NT$100.56
GF Value