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Sporton InternationalROCO:6146 +2.08%84 Return-on-Tangible-Asset is 14.36% as of Jun. 2026, which is 7% below its 10-year median of 15.44. GuruFocus rates ROCO:6146 with a GF Score™ of 84/100 and a GF Value™ of NT$214.48 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,094 Business Services companies, Sporton International ranks better than 85.65% 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. Sporton International's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$1,251 Mil. Sporton International's average total tangible assets for the quarter that ended in Jun. 2026 was NT$8,717 Mil. Therefore, Sporton International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 14.36%.
The historical rank and industry rank for Sporton International's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6146'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 13.7 Med: 15.44 Max: 23.12
Current: 14.07
During the past 13 years, Sporton International's highest Return-on-Tangible-Asset was 23.12%. The lowest was 13.70%. And the median was 15.44%.
ROCO:6146's Return-on-Tangible-Asset is ranked better than 85.65% of 1094
companies
in the Business Services industry
Industry Median: 4.165
vs ROCO:6146: 14.07
Sporton International (ROCO:6146) 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.
Sporton International Return-on-Tangible-Asset Related Terms
Sporton International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sporton 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.
Sporton International Return-on-Tangible-Asset Chart
ROCO:6146 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Sporton 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.
Sporton International Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Sporton International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sporton International'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 14.36% mean?
Sporton International (ROCO:6146) has a Return-on-Tangible-Asset of 14.36% 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 Sporton International and its competitors. This is near median its historical median of 15.44. Over the past decade, Sporton International's Return-on-Tangible-Asset has ranged from 13.70 to 23.12. According to the industry distribution chart, Sporton International ranks #157 out of 1094 companies in the Business Services industry, placing it in the top 14.4%.
Is Sporton International's Return-on-Tangible-Asset too high?
Sporton International's current Return-on-Tangible-Asset of 14.36% is near median its 10-year median of 15.44. Over the past 10 years, this metric has ranged from a low of 13.70 to a high of 23.12. The Business Services industry median Return-on-Tangible-Asset is 4.17. Sporton International's value of 14.36% is 244.8% above this industry median. Based on the distribution chart, Sporton International ranks #157 out of 1094 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Sporton International has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sporton International's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Sporton International ranks #157 out of 1094 companies for Return-on-Tangible-Asset. This places Sporton International in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.17. Sporton International's value of 14.36% is 244.8% above this benchmark. Historically, Sporton International's own Return-on-Tangible-Asset has ranged from 13.70 to 23.12 over the past decade. While the company's 10-year median is 15.44 vs. the industry median of 4.17, Sporton 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 a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.17, based on 1,094 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. Sporton International's current Return-on-Tangible-Asset of 14.36% is 244.8% 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 Sporton International and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sporton International's current Return-on-Tangible-Asset is 14.36%, which is near median its own 10-year median of 15.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sporton International stock overvalued right now?
Based on GuruFocus' analysis, Sporton International (ROCO:6146) is currently considered Fairly Valued. The stock's GF Value™ is NT$214.48, compared to a current price of NT$196.00 — trading 8.6% below its estimated fair value. The current Return-on-Tangible-Asset is 14.36%, which is near median its 10-year median of 15.44 and 244.8% above the Business Services industry median of 4.17. Sporton International's overall GF Score™ is 84/100 with 2 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 Sporton International (ROCO:6146), the current Return-on-Tangible-Asset is 14.36% 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 Sporton International (ROCO:6146) Overvalued in 2026?
Based on GuruFocus' analysis, Sporton International stock appears to be undervalued.
The current stock price of NT$196.00 is trading 8.6% below its estimated GF Value™ of NT$214.48.
GuruFocus considers Sporton International to be Fairly Valued.
Key valuation signals for ROCO:6146:
Return-on-Tangible-Asset: 14.36% (near median its 10-year median of 15.44)
GF Value™: NT$214.48 vs. price of NT$196.00 (8.6% below fair value)
Industry Position: 244.8% above the Business Services median (#157 of 1094)
No single metric tells the full story. See the ROCO:6146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sporton International Inc provides professional EMC testing and certification services for electronics, electrical, communications, and radio products and devices, and sales of antimagnetic parts. Its reportable segments include the Components division and Testing certification and verification services. The majority of the company's revenue is derived from its Testing, certification, and verification services.
84GF Score
Get the complete analysis for ROCO:6146
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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