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Tait Marketing & Distribution CoROCO:5902 -1.31%78 Return-on-Tangible-Asset is 13.61% as of Jun. 2026, which is 9% above its 10-year median of 12.48. GuruFocus rates ROCO:5902 with a GF Score™ of 78/100 and a GF Value™ of NT$39.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 315 Retail - Defensive companies, Tait Marketing & Distribution Co ranks better than 91.75% on this metric.
The historical rank and industry rank for Tait Marketing & Distribution Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:5902'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.63 Med: 12.48 Max: 13.69
Current: 12.35
During the past 13 years, Tait Marketing & Distribution Co's highest Return-on-Tangible-Asset was 13.69%. The lowest was 2.63%. And the median was 12.48%.
ROCO:5902's Return-on-Tangible-Asset is ranked better than 91.75% of 315
companies
in the Retail - Defensive industry
Industry Median: 3.7
vs ROCO:5902: 12.35
Tait Marketing & Distribution Co (ROCO:5902) 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.
Tait Marketing & Distribution Co Return-on-Tangible-Asset Related Terms
Tait Marketing & Distribution 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.
Tait Marketing & Distribution Co Return-on-Tangible-Asset Chart
ROCO:5902 vs SYY, USFD, PFGC: Return-on-Tangible-Asset Comparison
For the Food Distribution subindustry, Tait Marketing & Distribution 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.
Tait Marketing & Distribution Co Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Tait Marketing & Distribution Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tait Marketing & Distribution 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 13.61% mean?
Tait Marketing & Distribution Co (ROCO:5902) has a Return-on-Tangible-Asset of 13.61% 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 Tait Marketing & Distribution Co and its competitors. This is near median its historical median of 12.48. Over the past decade, Tait Marketing & Distribution Co's Return-on-Tangible-Asset has ranged from 2.63 to 13.69. According to the industry distribution chart, Tait Marketing & Distribution Co ranks #26 out of 315 companies in the Retail - Defensive industry, placing it in the top 8.3%.
Is Tait Marketing & Distribution Co's Return-on-Tangible-Asset too high?
Tait Marketing & Distribution Co's current Return-on-Tangible-Asset of 13.61% is near median its 10-year median of 12.48. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 13.69. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.70. Tait Marketing & Distribution Co's value of 13.61% is 267.8% above this industry median. Based on the distribution chart, Tait Marketing & Distribution Co ranks #26 out of 315 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Tait Marketing & Distribution Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tait Marketing & Distribution Co's Return-on-Tangible-Asset compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Tait Marketing & Distribution Co ranks #26 out of 315 companies for Return-on-Tangible-Asset. This places Tait Marketing & Distribution Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.70. Tait Marketing & Distribution Co's value of 13.61% is 267.8% above this benchmark. Historically, Tait Marketing & Distribution Co's own Return-on-Tangible-Asset has ranged from 2.63 to 13.69 over the past decade. While the company's 10-year median is 12.48 vs. the industry median of 3.70, Tait Marketing & Distribution 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 a Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.70, based on 315 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. Tait Marketing & Distribution Co's current Return-on-Tangible-Asset of 13.61% is 267.8% 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 Tait Marketing & Distribution Co and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tait Marketing & Distribution Co's current Return-on-Tangible-Asset is 13.61%, which is near median its own 10-year median of 12.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tait Marketing & Distribution Co stock overvalued right now?
Based on GuruFocus' analysis, Tait Marketing & Distribution Co (ROCO:5902) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$39.19, compared to a current price of NT$33.85 — trading 13.6% below its estimated fair value. The current Return-on-Tangible-Asset is 13.61%, which is near median its 10-year median of 12.48 and 267.8% above the Retail - Defensive industry median of 3.70. Tait Marketing & Distribution Co's overall GF Score™ is 78/100 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 Tait Marketing & Distribution Co (ROCO:5902), the current Return-on-Tangible-Asset is 13.61% 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 Tait Marketing & Distribution Co (ROCO:5902) Overvalued in 2026?
Based on GuruFocus' analysis, Tait Marketing & Distribution Co stock appears to be undervalued.
The current stock price of NT$33.85 is trading 13.6% below its estimated GF Value™ of NT$39.19.
GuruFocus considers Tait Marketing & Distribution Co to be Modestly Undervalued.
Key valuation signals for ROCO:5902:
Return-on-Tangible-Asset: 13.61% (near median its 10-year median of 12.48)
GF Value™: NT$39.19 vs. price of NT$33.85 (13.6% below fair value)
Industry Position: 267.8% above the Retail - Defensive median (#26 of 315)
No single metric tells the full story. See the ROCO:5902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tait Marketing & Distribution Co Ltd is engaged in the marketing, agency and distribution of various foods, beverages, liquors and supplies, bulk material trading, and manufacture and sale of tea beverage products. The company's products portfolio includes beverages, desserts, ice cream, snack foods, liquor, and water.
78GF Score
Get the complete analysis for ROCO:5902
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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