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Leo SystemsROCO:5410 71 Return-on-Tangible-Asset is 4.91% as of Jun. 2026, which is 25% below its 10-year median of 6.51. GuruFocus rates ROCO:5410 with a GF Score™ of 71/100 and a GF Value™ of NT$42.43 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,502 Hardware companies, Leo Systems ranks better than 72.1% 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. Leo Systems's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$344 Mil. Leo Systems's average total tangible assets for the quarter that ended in Jun. 2026 was NT$7,015 Mil. Therefore, Leo Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.91%.
The historical rank and industry rank for Leo Systems's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:5410'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.47 Med: 6.51 Max: 8.04
Current: 6.41
During the past 13 years, Leo Systems's highest Return-on-Tangible-Asset was 8.04%. The lowest was 4.47%. And the median was 6.51%.
ROCO:5410's Return-on-Tangible-Asset is ranked better than 72.1% of 2502
companies
in the Hardware industry
Industry Median: 2.635
vs ROCO:5410: 6.41
Leo Systems (ROCO:5410) 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.
Leo Systems Return-on-Tangible-Asset Related Terms
Leo Systems Return-on-Tangible-Asset Historical Data
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The historical data trend for Leo Systems'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:5410 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Leo Systems'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.
Leo Systems Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Leo Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Leo Systems'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 4.91% mean?
Leo Systems (ROCO:5410) has a Return-on-Tangible-Asset of 4.91% 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 Leo Systems and its competitors. This is 25% below median its historical median of 6.51. Over the past decade, Leo Systems' Return-on-Tangible-Asset has ranged from 4.47 to 8.04. According to the industry distribution chart, Leo Systems ranks #698 out of 2502 companies in the Hardware industry, placing it in the top 27.9%.
Is Leo Systems' Return-on-Tangible-Asset too high?
Leo Systems' current Return-on-Tangible-Asset of 4.91% is 25% below median its 10-year median of 6.51. Over the past 10 years, this metric has ranged from a low of 4.47 to a high of 8.04. The Hardware industry median Return-on-Tangible-Asset is 2.64. Leo Systems' value of 4.91% is 86.3% above this industry median. Based on the distribution chart, Leo Systems ranks #698 out of 2502 companies in the Hardware industry, which is above the industry midpoint. Overall, Leo Systems has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leo Systems' Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Leo Systems ranks #698 out of 2502 companies for Return-on-Tangible-Asset. This puts Leo Systems in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.64. Leo Systems' value of 4.91% is 86.3% above this benchmark. Historically, Leo Systems' own Return-on-Tangible-Asset has ranged from 4.47 to 8.04 over the past decade. While the company's 10-year median is 6.51 vs. the industry median of 2.64, Leo Systems 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 2.64, based on 2,502 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. Leo Systems's current Return-on-Tangible-Asset of 4.91% is 86.3% 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 Leo Systems and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leo Systems's current Return-on-Tangible-Asset is 4.91%, which is 25% below median its own 10-year median of 6.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Systems stock overvalued right now?
Based on GuruFocus' analysis, Leo Systems (ROCO:5410) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.43, compared to a current price of NT$35.80 — trading 15.6% below its estimated fair value. The current Return-on-Tangible-Asset is 4.91%, which is 25% below median its 10-year median of 6.51 and 86.3% above the Hardware industry median of 2.64. Leo Systems' overall GF Score™ is 71/100 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 Leo Systems (ROCO:5410), the current Return-on-Tangible-Asset is 4.91% 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 Leo Systems (ROCO:5410) Overvalued in 2026?
Based on GuruFocus' analysis, Leo Systems stock appears to be undervalued.
The current stock price of NT$35.80 is trading 15.6% below its estimated GF Value™ of NT$42.43.
GuruFocus considers Leo Systems to be Modestly Undervalued.
Key valuation signals for ROCO:5410:
Return-on-Tangible-Asset: 4.91% (25% below median its 10-year median of 6.51)
GF Value™: NT$42.43 vs. price of NT$35.80 (15.6% below fair value)
Industry Position: 86.3% above the Hardware median (#698 of 2502)
No single metric tells the full story. See the ROCO:5410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leo Systems Inc is mainly engaged in the sales of information software and hardware products, software planning and design, computer hardware maintenance services, and system integration. The company's ,main business and products includes Sales of personal computer, Innovation of technology application and creation of operation service, Information integration service, Design and planning of construction, Investment business. The company has single reportable segment. The company's operation were mainly located in Taiwan.
71GF Score
Get the complete analysis for ROCO:5410
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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