Sea Sonic Electronics Co (ROCO:6203) Return-on-Tangible-Asset: 11.78% (As of Mar. 2026) — Near Median

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ROCO:6203 Sea Sonic Electronics Co Ltd ROCO:6203
65 GF Score
Price NT$59.80
GF Value NT$86.99
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Sea Sonic Electronics Co Return-on-Tangible-Asset?

Sea Sonic Electronics Co ROCO:6203 -0.83% 65 Return-on-Tangible-Asset is 11.78% as of Mar. 2026, which is 3% below its 10-year median of 12.18. GuruFocus rates ROCO:6203 with a GF Score™ of 65/100 and a GF Value™ of NT$86.99 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,502 Hardware companies, Sea Sonic Electronics Co ranks better than 87.89% 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. Sea Sonic Electronics Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$451 Mil. Sea Sonic Electronics Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,828 Mil. Therefore, Sea Sonic Electronics Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.78%.

The historical rank and industry rank for Sea Sonic Electronics Co's Return-on-Tangible-Asset or its related term are showing as below:

ROCO:6203' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.8   Med: 12.18   Max: 18.4
Current: 10.89

During the past 13 years, Sea Sonic Electronics Co's highest Return-on-Tangible-Asset was 18.40%. The lowest was 4.80%. And the median was 12.18%.

ROCO:6203's Return-on-Tangible-Asset is ranked better than
87.89% of 2502 companies
in the Hardware industry
Industry Median: 2.48 vs ROCO:6203: 10.89

Sea Sonic Electronics Co  (ROCO:6203) 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.


Sea Sonic Electronics Co Return-on-Tangible-Asset Related Terms


Sea Sonic Electronics Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sea Sonic Electronics Co'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.

Sea Sonic Electronics Co Return-on-Tangible-Asset Chart

Sea Sonic Electronics Co 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 18.06 11.05 15.25 7.45 12.31

Sea Sonic Electronics Co 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 16.46 -8.64 21.10 19.10 11.78

ROCO:6203 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison

For the Electronic Components subindustry, Sea Sonic Electronics 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.


Sea Sonic Electronics Co Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Sea Sonic Electronics Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sea Sonic Electronics Co's Return-on-Tangible-Asset falls into.


ROCO:6203
65GF Score
Sea Sonic Electronics Co Ltd ROCO:6203
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea Sonic Electronics Co Return-on-Tangible-Asset Calculation

Sea Sonic Electronics Co'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 )
=453.985/( (3529.227+3845.489)/ 2 )
=453.985/3687.358
=12.31 %

Sea Sonic Electronics Co'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 )
=450.956/( (3845.489+3811.205)/ 2 )
=450.956/3828.347
=11.78 %

* 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 11.78% mean?
Sea Sonic Electronics Co (ROCO:6203) has a Return-on-Tangible-Asset of 11.78% 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 Sea Sonic Electronics Co and its competitors. This is near median its historical median of 12.18. Over the past decade, Sea Sonic Electronics Co's Return-on-Tangible-Asset has ranged from 4.80 to 18.40. According to the industry distribution chart, Sea Sonic Electronics Co ranks #303 out of 2502 companies in the Hardware industry, placing it in the top 12.1%.
Is Sea Sonic Electronics Co's Return-on-Tangible-Asset too high?
Sea Sonic Electronics Co's current Return-on-Tangible-Asset of 11.78% is near median its 10-year median of 12.18. Over the past 10 years, this metric has ranged from a low of 4.80 to a high of 18.40. The Hardware industry median Return-on-Tangible-Asset is 2.48. Sea Sonic Electronics Co's value of 11.78% is 375% above this industry median. Based on the distribution chart, Sea Sonic Electronics Co ranks #303 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Sea Sonic Electronics Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sea Sonic Electronics Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Sea Sonic Electronics Co ranks #303 out of 2502 companies for Return-on-Tangible-Asset. This places Sea Sonic Electronics Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.48. Sea Sonic Electronics Co's value of 11.78% is 375% above this benchmark. Historically, Sea Sonic Electronics Co's own Return-on-Tangible-Asset has ranged from 4.80 to 18.40 over the past decade. While the company's 10-year median is 12.18 vs. the industry median of 2.48, Sea Sonic Electronics 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,502 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. Sea Sonic Electronics Co's current Return-on-Tangible-Asset of 11.78% is 375% 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 Sea Sonic Electronics Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sea Sonic Electronics Co's current Return-on-Tangible-Asset is 11.78%, which is near median its own 10-year median of 12.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea Sonic Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sea Sonic Electronics Co (ROCO:6203) is currently considered Possible Value Trap. The stock's GF Value™ is NT$86.99, compared to a current price of NT$59.80 — trading 31.3% below its estimated fair value. The current Return-on-Tangible-Asset is 11.78%, which is near median its 10-year median of 12.18 and 375% above the Hardware industry median of 2.48. Sea Sonic Electronics Co's overall GF Score™ is 65/100 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 Sea Sonic Electronics Co (ROCO:6203), the current Return-on-Tangible-Asset is 11.78% 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 Sea Sonic Electronics Co (ROCO:6203) Overvalued in 2026?

Based on GuruFocus' analysis, Sea Sonic Electronics Co stock appears to be undervalued. The current stock price of NT$59.80 is trading 31.3% below its estimated GF Value™ of NT$86.99. GuruFocus considers Sea Sonic Electronics Co to be Possible Value Trap.

Key valuation signals for ROCO:6203:

  • Return-on-Tangible-Asset: 11.78% (near median its 10-year median of 12.18)
  • GF Value™: NT$86.99 vs. price of NT$59.80 (31.3% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 375% above the Hardware median (#303 of 2502)

No single metric tells the full story. See the ROCO:6203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sea Sonic Electronics Co Business Description

Address Section 1, Neihu Road, 8th Floor, No. 19, Lane 360, Neihu District, Taipei, TWN
Sea Sonic Electronics Co Ltd researches, develops, produces, and sells power conversion products in Taiwan. The company's products include PC power supplies, IPC and server power supplies, adapters, etc. The company also exports its products to the United States, Europe, and Asia. Geographically, the firm generates the majority of its revenue from Asia.
65GF Score

Get the complete analysis for ROCO:6203

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

NT$59.80
Price
NT$86.99
GF Value