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Laser Tek Taiwan CoROCO:6207 -3.15%50 Return-on-Tangible-Asset is 0.47% as of Mar. 2026, which is 88% below its 10-year median of 3.88. GuruFocus rates ROCO:6207 with a GF Score™ of 50/100 and a GF Value™ of NT$41.73 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,501 Hardware companies, Laser Tek Taiwan Co ranks worse than 58.02% 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. Laser Tek Taiwan Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$20 Mil. Laser Tek Taiwan Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$4,245 Mil. Therefore, Laser Tek Taiwan Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.47%.
The historical rank and industry rank for Laser Tek Taiwan Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6207'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.23 Med: 3.88 Max: 9.14
Current: 1.23
During the past 13 years, Laser Tek Taiwan Co's highest Return-on-Tangible-Asset was 9.14%. The lowest was 1.23%. And the median was 3.88%.
ROCO:6207's Return-on-Tangible-Asset is ranked worse than 58.02% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs ROCO:6207: 1.23
Laser Tek Taiwan Co (ROCO:6207) 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.
Laser Tek Taiwan Co Return-on-Tangible-Asset Related Terms
Laser Tek Taiwan Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Laser Tek Taiwan 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.
Laser Tek Taiwan Co Return-on-Tangible-Asset Chart
ROCO:6207 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Laser Tek Taiwan 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.
Laser Tek Taiwan Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Laser Tek Taiwan Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Laser Tek Taiwan 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 0.47% mean?
Laser Tek Taiwan Co (ROCO:6207) has a Return-on-Tangible-Asset of 0.47% 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 Laser Tek Taiwan Co and its competitors. This is 88% below median its historical median of 3.88. Over the past decade, Laser Tek Taiwan Co's Return-on-Tangible-Asset has ranged from 1.23 to 9.14. According to the industry distribution chart, Laser Tek Taiwan Co ranks #1451 out of 2501 companies in the Hardware industry, placing it in the top 58%.
Is Laser Tek Taiwan Co's Return-on-Tangible-Asset too high?
Laser Tek Taiwan Co's current Return-on-Tangible-Asset of 0.47% is 88% below median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 9.14. The Hardware industry median Return-on-Tangible-Asset is 2.48. Laser Tek Taiwan Co's value of 0.47% is 81% below this industry median. Based on the distribution chart, Laser Tek Taiwan Co ranks #1451 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Laser Tek Taiwan Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Laser Tek Taiwan Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Laser Tek Taiwan Co ranks #1451 out of 2501 companies for Return-on-Tangible-Asset. This places Laser Tek Taiwan Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Laser Tek Taiwan Co's value of 0.47% is 81% below this benchmark. Historically, Laser Tek Taiwan Co's own Return-on-Tangible-Asset has ranged from 1.23 to 9.14 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 2.48, Laser Tek Taiwan Co has consistently been below 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 2,501 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. Laser Tek Taiwan Co's current Return-on-Tangible-Asset of 0.47% is 81% below 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 Laser Tek Taiwan 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. Laser Tek Taiwan Co's current Return-on-Tangible-Asset is 0.47%, which is 88% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laser Tek Taiwan Co stock overvalued right now?
Based on GuruFocus' analysis, Laser Tek Taiwan Co (ROCO:6207) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.73, compared to a current price of NT$107.50 — trading 157.6% above its estimated fair value. The current Return-on-Tangible-Asset is 0.47%, which is 88% below median its 10-year median of 3.88 and 81% below the Hardware industry median of 2.48. Laser Tek Taiwan Co's overall GF Score™ is 50/100 with 10 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 Laser Tek Taiwan Co (ROCO:6207), the current Return-on-Tangible-Asset is 0.47% 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 Laser Tek Taiwan Co (ROCO:6207) Overvalued in 2026?
Based on GuruFocus' analysis, Laser Tek Taiwan Co stock appears to be overvalued.
The current stock price of NT$107.50 is trading 157.6% above its estimated GF Value™ of NT$41.73.
GuruFocus considers Laser Tek Taiwan Co to be Significantly Overvalued.
Key valuation signals for ROCO:6207:
Return-on-Tangible-Asset: 0.47% (88% below median its 10-year median of 3.88)
GF Value™: NT$41.73 vs. price of NT$107.50 (157.6% above fair value)
Industry Position: 81% below the Hardware median (#1451 of 2501)
No single metric tells the full story. See the ROCO:6207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laser Tek Taiwan Co Ltd is engaged in the manufacturing, processing, and sale of surface mount devices (SMD), surface mount technology (SMT) equipment, enterprise intelligent information systems, and laser precision, the manufacturing, processing, and sales of laser trimming machines, the design, and sales of the testing probe cards and the manufacturing and processing of printing materials. The group has three reportable segments: SMD, Equipment, and Other. The majority of its revenue is generated from the Equipment segment. Geographically, it derives maximum revenue from Taiwan, followed by Mainland China, and other regions.
50GF Score
Get the complete analysis for ROCO:6207
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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