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Mutual-Tek Industries CoROCO:6407 -1.75%75 Return-on-Tangible-Asset is 6.10% as of Dec. 2025, which is 136% above its 10-year median of 2.59. GuruFocus rates ROCO:6407 with a GF Score™ of 75/100 and a GF Value™ of NT$23.47 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,501 Hardware companies, Mutual-Tek Industries Co ranks better than 58.46% 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. Mutual-Tek Industries Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$186 Mil. Mutual-Tek Industries Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$3,045 Mil. Therefore, Mutual-Tek Industries Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.10%.
The historical rank and industry rank for Mutual-Tek Industries Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6407'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.63 Med: 2.59 Max: 8
Current: 3.8
During the past 13 years, Mutual-Tek Industries Co's highest Return-on-Tangible-Asset was 8.00%. The lowest was -10.63%. And the median was 2.59%.
ROCO:6407's Return-on-Tangible-Asset is ranked better than 58.46% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs ROCO:6407: 3.80
Mutual-Tek Industries Co (ROCO:6407) 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.
Mutual-Tek Industries Co Return-on-Tangible-Asset Related Terms
Mutual-Tek Industries Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mutual-Tek Industries 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.
Mutual-Tek Industries Co Return-on-Tangible-Asset Chart
ROCO:6407 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Mutual-Tek Industries 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.
Mutual-Tek Industries Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Mutual-Tek Industries Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mutual-Tek Industries 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 6.10% mean?
Mutual-Tek Industries Co (ROCO:6407) has a Return-on-Tangible-Asset of 6.10% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mutual-Tek Industries Co and its competitors. This is 136% above median its historical median of 2.59. According to the industry distribution chart, Mutual-Tek Industries Co ranks #1039 out of 2501 companies in the Hardware industry, placing it in the top 41.5%.
Is Mutual-Tek Industries Co's Return-on-Tangible-Asset too high?
Mutual-Tek Industries Co's current Return-on-Tangible-Asset of 6.10% is 136% above median its 10-year median of 2.59. The Hardware industry median Return-on-Tangible-Asset is 2.48. Mutual-Tek Industries Co's value of 6.10% is 146% above this industry median. Based on the distribution chart, Mutual-Tek Industries Co ranks #1039 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Mutual-Tek Industries Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mutual-Tek Industries Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Mutual-Tek Industries Co ranks #1039 out of 2501 companies for Return-on-Tangible-Asset. This puts Mutual-Tek Industries Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Mutual-Tek Industries Co's value of 6.10% is 146% above this benchmark. While the company's 10-year median is 2.59 vs. the industry median of 2.48, Mutual-Tek Industries 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 2,501 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. Mutual-Tek Industries Co's current Return-on-Tangible-Asset of 6.10% is 146% 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 Mutual-Tek Industries 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. Mutual-Tek Industries Co's current Return-on-Tangible-Asset is 6.10%, which is 136% above median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual-Tek Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Mutual-Tek Industries Co (ROCO:6407) is currently considered Fairly Valued. The stock's GF Value™ is NT$23.47, compared to a current price of NT$22.40 — trading 4.6% below its estimated fair value. The current Return-on-Tangible-Asset is 6.10%, which is 136% above median its 10-year median of 2.59 and 146% above the Hardware industry median of 2.48. Mutual-Tek Industries Co's overall GF Score™ is 75/100 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 Mutual-Tek Industries Co (ROCO:6407), the current Return-on-Tangible-Asset is 6.10% as of Dec. 2025. 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 Mutual-Tek Industries Co (ROCO:6407) Overvalued in 2026?
Based on GuruFocus' analysis, Mutual-Tek Industries Co stock appears to be undervalued.
The current stock price of NT$22.40 is trading 4.6% below its estimated GF Value™ of NT$23.47.
GuruFocus considers Mutual-Tek Industries Co to be Fairly Valued.
Key valuation signals for ROCO:6407:
Return-on-Tangible-Asset: 6.10% (136% above median its 10-year median of 2.59)
GF Value™: NT$23.47 vs. price of NT$22.40 (4.6% below fair value)
Industry Position: 146% above the Hardware median (#1039 of 2501)
No single metric tells the full story. See the ROCO:6407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mutual-Tek Industries Co Ltd is involved in manufacturing multi-layer and double-sided printed circuit boards (PCBs). Its product offerings include Rigid-Flex Board, High-Density Interconnect PCB, High Layer count, and Ultra-Thin PCB among others.
75GF Score
Get the complete analysis for ROCO:6407
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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