Inpaq Technology Co (ROCO:6284) Return-on-Tangible-Asset: 2.17% (As of Mar. 2026) — 56% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6284 Inpaq Technology Co Ltd ROCO:6284
81 GF Score
Price NT$69.20
GF Value NT$82.77
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Inpaq Technology Co Return-on-Tangible-Asset?

Inpaq Technology Co ROCO:6284 -5.46% 81 Return-on-Tangible-Asset is 2.17% as of Mar. 2026, which is 56% below its 10-year median of 4.95. GuruFocus rates ROCO:6284 with a GF Score™ of 81/100 and a GF Value™ of NT$82.77 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,500 Hardware companies, Inpaq Technology Co ranks better than 64.88% 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. Inpaq Technology Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$301 Mil. Inpaq Technology Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$13,864 Mil. Therefore, Inpaq Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.17%.

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

ROCO:6284' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.05   Med: 4.95   Max: 7.8
Current: 3.38

During the past 13 years, Inpaq Technology Co's highest Return-on-Tangible-Asset was 7.80%. The lowest was 1.05%. And the median was 4.95%.

ROCO:6284's Return-on-Tangible-Asset is ranked better than
64.88% of 2500 companies
in the Hardware industry
Industry Median: 2.455 vs ROCO:6284: 3.38

Inpaq Technology Co  (ROCO:6284) 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.


Inpaq Technology Co Return-on-Tangible-Asset Related Terms


Inpaq Technology Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Inpaq Technology 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.

Inpaq Technology Co Return-on-Tangible-Asset Chart

Inpaq Technology 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 6.68 6.05 6.44 7.80 4.76

Inpaq Technology 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 7.61 -1.48 7.63 5.38 2.17

ROCO:6284 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison

For the Electronic Components subindustry, Inpaq Technology 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.


Inpaq Technology Co Return-on-Tangible-Asset vs Hardware Industry

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

* The bar in red indicates where Inpaq Technology Co's Return-on-Tangible-Asset falls into.


ROCO:6284
81GF Score
Inpaq Technology Co Ltd ROCO:6284
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inpaq Technology Co Return-on-Tangible-Asset Calculation

Inpaq Technology 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 )
=641.685/( (13382.852+13603.578)/ 2 )
=641.685/13493.215
=4.76 %

Inpaq Technology 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 )
=301.22/( (13603.578+14123.505)/ 2 )
=301.22/13863.5415
=2.17 %

* 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 2.17% mean?
Inpaq Technology Co (ROCO:6284) has a Return-on-Tangible-Asset of 2.17% 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 Inpaq Technology Co and its competitors. This is 56% below median its historical median of 4.95. Over the past decade, Inpaq Technology Co's Return-on-Tangible-Asset has ranged from 1.05 to 7.80. According to the industry distribution chart, Inpaq Technology Co ranks #878 out of 2500 companies in the Hardware industry, placing it in the top 35.1%.
Is Inpaq Technology Co's Return-on-Tangible-Asset too high?
Inpaq Technology Co's current Return-on-Tangible-Asset of 2.17% is 56% below median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 7.80. The Hardware industry median Return-on-Tangible-Asset is 2.46. Inpaq Technology Co's value of 2.17% is 11.6% below this industry median. Based on the distribution chart, Inpaq Technology Co ranks #878 out of 2500 companies in the Hardware industry, which is above the industry midpoint. Overall, Inpaq Technology Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inpaq Technology Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Inpaq Technology Co ranks #878 out of 2500 companies for Return-on-Tangible-Asset. This puts Inpaq Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.46. Inpaq Technology Co's value of 2.17% is 11.6% below this benchmark. Historically, Inpaq Technology Co's own Return-on-Tangible-Asset has ranged from 1.05 to 7.80 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 2.46, Inpaq Technology 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 2.46, based on 2,500 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. Inpaq Technology Co's current Return-on-Tangible-Asset of 2.17% is 11.6% 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 Inpaq Technology Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inpaq Technology Co's current Return-on-Tangible-Asset is 2.17%, which is 56% below median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inpaq Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Inpaq Technology Co (ROCO:6284) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.77, compared to a current price of NT$69.20 — trading 16.4% below its estimated fair value. The current Return-on-Tangible-Asset is 2.17%, which is 56% below median its 10-year median of 4.95 and 11.6% below the Hardware industry median of 2.46. Inpaq Technology Co's overall GF Score™ is 81/100 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 Inpaq Technology Co (ROCO:6284), the current Return-on-Tangible-Asset is 2.17% 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 Inpaq Technology Co (ROCO:6284) Overvalued in 2026?

Based on GuruFocus' analysis, Inpaq Technology Co stock appears to be undervalued. The current stock price of NT$69.20 is trading 16.4% below its estimated GF Value™ of NT$82.77. GuruFocus considers Inpaq Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:6284:

  • Return-on-Tangible-Asset: 2.17% (56% below median its 10-year median of 4.95)
  • GF Value™: NT$82.77 vs. price of NT$69.20 (16.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 11.6% below the Hardware median (#878 of 2500)

No single metric tells the full story. See the ROCO:6284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inpaq Technology Co Business Description

Address No.11, KeYi Street, Zhunan Town, Miaoli, TWN, 350402
Inpaq Technology Co Ltd is a Taiwan-based company that engages in research, development, manufacturing, and sales of integrated protection components, microwave composite miniature antennas and modules, and multilayer microwave communication components and their modules. The company group has two reportable segments: the high-frequency component segment and the passive component segment. The company generates the majority of the revenue generated by the high-frequency component segment from China. The high-frequency component segment of the company produces various communication device components mainly used in mobile phones, (GPS), wireless communication networks, and Bluetooth modules.
81GF Score

Get the complete analysis for ROCO:6284

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

NT$69.20
Price
NT$82.77
GF Value