Soft-World International (ROCO:5478) Return-on-Tangible-Asset: 7.19% (As of Mar. 2026) — 36% Above Median

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:5478 Soft-World International Corp ROCO:5478
76 GF Score
Price NT$99.90
GF Value NT$108.54
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Soft-World International Return-on-Tangible-Asset?

Soft-World International ROCO:5478 -1.58% 76 Return-on-Tangible-Asset is 7.19% as of Mar. 2026, which is 36% above its 10-year median of 5.30. GuruFocus rates ROCO:5478 with a GF Score™ of 76/100 and a GF Value™ of NT$108.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 564 Interactive Media companies, Soft-World International ranks better than 68.44% 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. Soft-World International's annualized Net Income for the quarter that ended in Mar. 2026 was NT$1,434 Mil. Soft-World International's average total tangible assets for the quarter that ended in Mar. 2026 was NT$19,945 Mil. Therefore, Soft-World International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.19%.

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

ROCO:5478' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.74   Med: 5.3   Max: 7.4
Current: 7.02

During the past 13 years, Soft-World International's highest Return-on-Tangible-Asset was 7.40%. The lowest was 3.74%. And the median was 5.30%.

ROCO:5478's Return-on-Tangible-Asset is ranked better than
68.44% of 564 companies
in the Interactive Media industry
Industry Median: 0.765 vs ROCO:5478: 7.02

Soft-World International  (ROCO:5478) 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.


Soft-World International Return-on-Tangible-Asset Related Terms


Soft-World International Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Soft-World International'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.

Soft-World International Return-on-Tangible-Asset Chart

Soft-World International 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 5.89 5.35 5.25 6.43 6.22

Soft-World International 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 4.65 8.72 5.70 6.77 7.19

ROCO:5478 vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Soft-World International'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.


Soft-World International Return-on-Tangible-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Soft-World International's Return-on-Tangible-Asset distribution charts can be found below:

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


ROCO:5478
76GF Score
Soft-World International Corp ROCO:5478
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Soft-World International Return-on-Tangible-Asset Calculation

Soft-World International'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 )
=1188.199/( (18997.842+19215.504)/ 2 )
=1188.199/19106.673
=6.22 %

Soft-World International'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 )
=1433.892/( (19215.504+20674.974)/ 2 )
=1433.892/19945.239
=7.19 %

* 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 7.19% mean?
Soft-World International (ROCO:5478) has a Return-on-Tangible-Asset of 7.19% 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 Soft-World International and its competitors. This is 36% above median its historical median of 5.30. Over the past decade, Soft-World International's Return-on-Tangible-Asset has ranged from 3.74 to 7.40. According to the industry distribution chart, Soft-World International ranks #178 out of 564 companies in the Interactive Media industry, placing it in the top 31.6%.
Is Soft-World International's Return-on-Tangible-Asset too high?
Soft-World International's current Return-on-Tangible-Asset of 7.19% is 36% above median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 7.40. The Interactive Media industry median Return-on-Tangible-Asset is 0.77. Soft-World International's value of 7.19% is 839.9% above this industry median. Based on the distribution chart, Soft-World International ranks #178 out of 564 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Soft-World International has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Soft-World International's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Soft-World International ranks #178 out of 564 companies for Return-on-Tangible-Asset. This puts Soft-World International in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.77. Soft-World International's value of 7.19% is 839.9% above this benchmark. Historically, Soft-World International's own Return-on-Tangible-Asset has ranged from 3.74 to 7.40 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 0.77, Soft-World International 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 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. Soft-World International's current Return-on-Tangible-Asset of 7.19% is 839.9% 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 Soft-World International 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. Soft-World International's current Return-on-Tangible-Asset is 7.19%, which is 36% above median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soft-World International stock overvalued right now?
Based on GuruFocus' analysis, Soft-World International (ROCO:5478) is currently considered Fairly Valued. The stock's GF Value™ is NT$108.54, compared to a current price of NT$99.90 — trading 8% below its estimated fair value. The current Return-on-Tangible-Asset is 7.19%, which is 36% above median its 10-year median of 5.30 and 839.9% above the Interactive Media industry median of 0.77. Soft-World International's overall GF Score™ is 76/100 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 Soft-World International (ROCO:5478), the current Return-on-Tangible-Asset is 7.19% 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 Soft-World International (ROCO:5478) Overvalued in 2026?

Based on GuruFocus' analysis, Soft-World International stock appears to be undervalued. The current stock price of NT$99.90 is trading 8% below its estimated GF Value™ of NT$108.54. GuruFocus considers Soft-World International to be Fairly Valued.

Key valuation signals for ROCO:5478:

  • Return-on-Tangible-Asset: 7.19% (36% above median its 10-year median of 5.30)
  • GF Value™: NT$108.54 vs. price of NT$99.90 (8% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 839.9% above the Interactive Media median (#178 of 564)

No single metric tells the full story. See the ROCO:5478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Soft-World International Business Description

Address No. 61, Minzhuang Road, 13th floor, Chianjen Chiu, Kaohsiung, TWN, 806
Soft-World International Corp is engaged in the digital content point service platforms, production and publication of computer game magazines, commercial advertising services and the retail sale of entertainment products and accessories for game software. The Corporation also acts as an agent for games and commercial software. Its segments include Soft-World; Chinese Gamer International Corporation; Game Flier International Corporation; Neweb Technologies; Efun Corporation; and Others. It operates in China, Taiwan and other countries. The company derives maximum revenue from Soft-World International Corporation segment.
76GF Score

Get the complete analysis for ROCO:5478

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

NT$99.90
Price
NT$108.54
GF Value