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Taiming Assurance Broker CoROCO:5878 -0.26%70 Return-on-Tangible-Asset is 5.96% as of Mar. 2026, which is 44% below its 10-year median of 10.56. GuruFocus rates ROCO:5878 with a GF Score™ of 70/100 and a GF Value™ of NT$50.95 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 507 Insurance companies, Taiming Assurance Broker Co ranks better than 91.72% 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. Taiming Assurance Broker Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$43.0 Mil. Taiming Assurance Broker Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$722.0 Mil. Therefore, Taiming Assurance Broker Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.96%.
The historical rank and industry rank for Taiming Assurance Broker Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:5878'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.55 Med: 10.56 Max: 14.89
Current: 10.42
During the past 13 years, Taiming Assurance Broker Co's highest Return-on-Tangible-Asset was 14.89%. The lowest was 7.55%. And the median was 10.56%.
ROCO:5878's Return-on-Tangible-Asset is ranked better than 91.72% of 507
companies
in the Insurance industry
Industry Median: 2.76
vs ROCO:5878: 10.42
Taiming Assurance Broker Co (ROCO:5878) 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.
Taiming Assurance Broker Co Return-on-Tangible-Asset Related Terms
Taiming Assurance Broker Co Return-on-Tangible-Asset Historical Data
* 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.
Taiming Assurance Broker Co Return-on-Tangible-Asset Chart
ROCO:5878 vs MRSH, AON, AJG: Return-on-Tangible-Asset Comparison
For the Insurance Brokers subindustry, Taiming Assurance Broker Co'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.
Taiming Assurance Broker Co Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Taiming Assurance Broker Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Taiming Assurance Broker Co'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 5.96% mean?
Taiming Assurance Broker Co (ROCO:5878) has a Return-on-Tangible-Asset of 5.96% 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 Taiming Assurance Broker Co and its competitors. This is 44% below median its historical median of 10.56. Over the past decade, Taiming Assurance Broker Co's Return-on-Tangible-Asset has ranged from 7.55 to 14.89. According to the industry distribution chart, Taiming Assurance Broker Co ranks #42 out of 507 companies in the Insurance industry, placing it in the top 8.3%.
Is Taiming Assurance Broker Co's Return-on-Tangible-Asset too high?
Taiming Assurance Broker Co's current Return-on-Tangible-Asset of 5.96% is 44% below median its 10-year median of 10.56. Over the past 10 years, this metric has ranged from a low of 7.55 to a high of 14.89. The Insurance industry median Return-on-Tangible-Asset is 2.76. Taiming Assurance Broker Co's value of 5.96% is 115.9% above this industry median. Based on the distribution chart, Taiming Assurance Broker Co ranks #42 out of 507 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Taiming Assurance Broker Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiming Assurance Broker Co's Return-on-Tangible-Asset compare to MRSH and AON?
According to the Insurance industry distribution chart, Taiming Assurance Broker Co ranks #42 out of 507 companies for Return-on-Tangible-Asset. This places Taiming Assurance Broker Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.76. Taiming Assurance Broker Co's value of 5.96% is 115.9% above this benchmark. Historically, Taiming Assurance Broker Co's own Return-on-Tangible-Asset has ranged from 7.55 to 14.89 over the past decade. While the company's 10-year median is 10.56 vs. the industry median of 2.76, Taiming Assurance Broker Co 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 Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.76, based on 507 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. Taiming Assurance Broker Co's current Return-on-Tangible-Asset of 5.96% is 115.9% 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 Taiming Assurance Broker Co and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiming Assurance Broker Co's current Return-on-Tangible-Asset is 5.96%, which is 44% below median its own 10-year median of 10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiming Assurance Broker Co stock overvalued right now?
Based on GuruFocus' analysis, Taiming Assurance Broker Co (ROCO:5878) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$50.95, compared to a current price of NT$38.50 — trading 24.4% below its estimated fair value. The current Return-on-Tangible-Asset is 5.96%, which is 44% below median its 10-year median of 10.56 and 115.9% above the Insurance industry median of 2.76. Taiming Assurance Broker Co's overall GF Score™ is 70/100 with 4 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 Taiming Assurance Broker Co (ROCO:5878), the current Return-on-Tangible-Asset is 5.96% 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 Taiming Assurance Broker Co (ROCO:5878) Overvalued in 2026?
Based on GuruFocus' analysis, Taiming Assurance Broker Co stock appears to be undervalued.
The current stock price of NT$38.50 is trading 24.4% below its estimated GF Value™ of NT$50.95.
GuruFocus considers Taiming Assurance Broker Co to be Modestly Undervalued.
Key valuation signals for ROCO:5878:
Return-on-Tangible-Asset: 5.96% (44% below median its 10-year median of 10.56)
GF Value™: NT$50.95 vs. price of NT$38.50 (24.4% below fair value)
Industry Position: 115.9% above the Insurance median (#42 of 507)
No single metric tells the full story. See the ROCO:5878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiming Assurance Broker Co Ltd is a Taiwan-based company engaged in life insurance and property insurance brokerage, and the insurance broker's professional liability insurance, insurance broker's guarantee insurance.
70GF Score
Get the complete analysis for ROCO:5878
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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