Powertip Image (ROCO:6498) Return-on-Tangible-Asset: 13.24% (As of Mar. 2026) — 10% Below Median

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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:6498 Powertip Image Corp ROCO:6498
85 GF Score
Price NT$77.00
GF Value NT$114.23
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Powertip Image Return-on-Tangible-Asset?

Powertip Image ROCO:6498 +3.36% 85 Return-on-Tangible-Asset is 13.24% as of Mar. 2026, which is 10% below its 10-year median of 14.64. GuruFocus rates ROCO:6498 with a GF Score™ of 85/100 and a GF Value™ of NT$114.23 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,501 Hardware companies, Powertip Image ranks better than 93.08% 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. Powertip Image's annualized Net Income for the quarter that ended in Mar. 2026 was NT$331 Mil. Powertip Image's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,501 Mil. Therefore, Powertip Image's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.24%.

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

ROCO:6498' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.92   Med: 14.64   Max: 20.45
Current: 14.15

During the past 13 years, Powertip Image's highest Return-on-Tangible-Asset was 20.45%. The lowest was -7.92%. And the median was 14.64%.

ROCO:6498's Return-on-Tangible-Asset is ranked better than
93.08% of 2501 companies
in the Hardware industry
Industry Median: 2.48 vs ROCO:6498: 14.15

Powertip Image  (ROCO:6498) 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.


Powertip Image Return-on-Tangible-Asset Related Terms


Powertip Image Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Powertip Image'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.

Powertip Image Return-on-Tangible-Asset Chart

Powertip Image 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 16.98 14.91 20.45 15.00 14.37

Powertip Image Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 14.51 8.95 18.44 15.27 13.24

ROCO:6498 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison

For the Electronic Components subindustry, Powertip Image'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.


Powertip Image Return-on-Tangible-Asset vs Hardware Industry

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

* The bar in red indicates where Powertip Image's Return-on-Tangible-Asset falls into.


ROCO:6498
85GF Score
Powertip Image Corp ROCO:6498
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Powertip Image Return-on-Tangible-Asset Calculation

Powertip Image'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 )
=291.941/( (1643.401+2421.095)/ 2 )
=291.941/2032.248
=14.37 %

Powertip Image'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 )
=331.044/( (2421.095+2581.191)/ 2 )
=331.044/2501.143
=13.24 %

* 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 13.24% mean?
Powertip Image (ROCO:6498) has a Return-on-Tangible-Asset of 13.24% 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 Powertip Image and its competitors. This is 10% below median its historical median of 14.64. According to the industry distribution chart, Powertip Image ranks #173 out of 2501 companies in the Hardware industry, placing it in the top 6.9%.
Is Powertip Image's Return-on-Tangible-Asset too high?
Powertip Image's current Return-on-Tangible-Asset of 13.24% is 10% below median its 10-year median of 14.64. The Hardware industry median Return-on-Tangible-Asset is 2.48. Powertip Image's value of 13.24% is 433.9% above this industry median. Based on the distribution chart, Powertip Image ranks #173 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Powertip Image has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Powertip Image's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Powertip Image ranks #173 out of 2501 companies for Return-on-Tangible-Asset. This places Powertip Image in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.48. Powertip Image's value of 13.24% is 433.9% above this benchmark. While the company's 10-year median is 14.64 vs. the industry median of 2.48, Powertip Image 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. Powertip Image's current Return-on-Tangible-Asset of 13.24% is 433.9% 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 Powertip Image 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. Powertip Image's current Return-on-Tangible-Asset is 13.24%, which is 10% below median its own 10-year median of 14.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powertip Image stock overvalued right now?
Based on GuruFocus' analysis, Powertip Image (ROCO:6498) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$114.23, compared to a current price of NT$77.00 — trading 32.6% below its estimated fair value. The current Return-on-Tangible-Asset is 13.24%, which is 10% below median its 10-year median of 14.64 and 433.9% above the Hardware industry median of 2.48. Powertip Image's overall GF Score™ is 85/100 with 1 warning sign 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 Powertip Image (ROCO:6498), the current Return-on-Tangible-Asset is 13.24% 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 Powertip Image (ROCO:6498) Overvalued in 2026?

Based on GuruFocus' analysis, Powertip Image stock appears to be undervalued. The current stock price of NT$77.00 is trading 32.6% below its estimated GF Value™ of NT$114.23. GuruFocus considers Powertip Image to be Significantly Undervalued.

Key valuation signals for ROCO:6498:

  • Return-on-Tangible-Asset: 13.24% (10% below median its 10-year median of 14.64)
  • GF Value™: NT$114.23 vs. price of NT$77.00 (32.6% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 433.9% above the Hardware median (#173 of 2501)

No single metric tells the full story. See the ROCO:6498 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Powertip Image Business Description

Address 3rd Floor, No.8, Gongyequ 6th Road, Xitun District, Taichung, TWN, 40755
Powertip Image Corp is a manufacturer of small to mid-size full-color TFT and monochrome displays as well as resistive and capacitive touch panels. The company's product lines include Embedded solutions, Evaluation board, EM Touch, VATN/PBT LCD Modules and Graphic LCD Modules among others. It earns revenue from sales of lens products.
85GF Score

Get the complete analysis for ROCO:6498

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

NT$77.00
Price
NT$114.23
GF Value