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Acter GroupROCO:5536 -1.63%74 Return-on-Tangible-Asset is 14.76% as of Mar. 2026, which is 77% above its 10-year median of 8.36. GuruFocus rates ROCO:5536 with a GF Score™ of 74/100 and a GF Value™ of NT$590.37 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,788 Construction companies, Acter Group ranks better than 88.53% 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. Acter Group's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$6,333 Mil. Acter Group's average total tangible assets for the quarter that ended in Mar. 2026 was NT$42,919 Mil. Therefore, Acter Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.76%.
The historical rank and industry rank for Acter Group's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:5536'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.11 Med: 8.36 Max: 11.38
Current: 11.38
During the past 13 years, Acter Group's highest Return-on-Tangible-Asset was 11.38%. The lowest was 5.11%. And the median was 8.36%.
ROCO:5536's Return-on-Tangible-Asset is ranked better than 88.53% of 1788
companies
in the Construction industry
Industry Median: 3.09
vs ROCO:5536: 11.38
Acter Group (ROCO:5536) 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.
Acter Group Return-on-Tangible-Asset Related Terms
Acter Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Acter Group'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:5536 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Acter Group'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.
Acter Group Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Acter Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Acter Group'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 14.76% mean?
Acter Group (ROCO:5536) has a Return-on-Tangible-Asset of 14.76% 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 Acter Group and its competitors. This is 77% above median its historical median of 8.36. Over the past decade, Acter Group's Return-on-Tangible-Asset has ranged from 5.11 to 11.38. According to the industry distribution chart, Acter Group ranks #205 out of 1788 companies in the Construction industry, placing it in the top 11.5%.
Is Acter Group's Return-on-Tangible-Asset too high?
Acter Group's current Return-on-Tangible-Asset of 14.76% is 77% above median its 10-year median of 8.36. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 11.38. The Construction industry median Return-on-Tangible-Asset is 3.09. Acter Group's value of 14.76% is 377.7% above this industry median. Based on the distribution chart, Acter Group ranks #205 out of 1788 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Acter Group has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acter Group's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Acter Group ranks #205 out of 1788 companies for Return-on-Tangible-Asset. This places Acter Group in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.09. Acter Group's value of 14.76% is 377.7% above this benchmark. Historically, Acter Group's own Return-on-Tangible-Asset has ranged from 5.11 to 11.38 over the past decade. While the company's 10-year median is 8.36 vs. the industry median of 3.09, Acter Group 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.09, based on 1,788 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. Acter Group's current Return-on-Tangible-Asset of 14.76% is 377.7% 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 Acter Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acter Group's current Return-on-Tangible-Asset is 14.76%, which is 77% above median its own 10-year median of 8.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acter Group stock overvalued right now?
Based on GuruFocus' analysis, Acter Group (ROCO:5536) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$590.37, compared to a current price of NT$903.00 — trading 53% above its estimated fair value. The current Return-on-Tangible-Asset is 14.76%, which is 77% above median its 10-year median of 8.36 and 377.7% above the Construction industry median of 3.09. Acter Group's overall GF Score™ is 74/100 with 1 warning sign 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 Acter Group (ROCO:5536), the current Return-on-Tangible-Asset is 14.76% 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 Acter Group (ROCO:5536) Overvalued in 2026?
Based on GuruFocus' analysis, Acter Group stock appears to be overvalued.
The current stock price of NT$903.00 is trading 53% above its estimated GF Value™ of NT$590.37.
GuruFocus considers Acter Group to be Significantly Overvalued.
Key valuation signals for ROCO:5536:
Return-on-Tangible-Asset: 14.76% (77% above median its 10-year median of 8.36)
GF Value™: NT$590.37 vs. price of NT$903.00 (53% above fair value)
Industry Position: 377.7% above the Construction median (#205 of 1788)
No single metric tells the full story. See the ROCO:5536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acter Group Corp Ltd is a Taiwan-based engineering and construction company. It is engaged in providing construction, design, and maintenance services related to air conditioners, environmental control services, clean room set-up, ice water machine trading, energy-storing equipment trading, ventilation engineering, and energy technology services. The group has three reportable segments: Taiwan, Mainland China, and other countries. The Taiwan segment provides engineering, maintenance, sales, and other services in the Taiwan area. The Mainland China segment provides engineering services and sales in Mainland China. The other segment provides engineering services in Vietnam, Singapore, Malaysia, and other countries.
74GF Score
Get the complete analysis for ROCO:5536
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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