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Chunghwa Precision Test Tech CoROCO:6510 -0.18%81 Return-on-Tangible-Asset is 11.86% as of Mar. 2026, which is 14% above its 10-year median of 10.44. GuruFocus rates ROCO:6510 with a GF Score™ of 81/100 and a GF Value™ of NT$1,163.67 (Significantly Overvalued). Among 1,030 Semiconductors companies, Chunghwa Precision Test Tech Co ranks better than 80.68% on this metric.
The historical rank and industry rank for Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6510'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.38 Med: 10.44 Max: 21.14
Current: 10.88
During the past 13 years, Chunghwa Precision Test Tech Co's highest Return-on-Tangible-Asset was 21.14%. The lowest was 0.38%. And the median was 10.44%.
ROCO:6510's Return-on-Tangible-Asset is ranked better than 80.68% of 1030
companies
in the Semiconductors industry
Industry Median: 2.865
vs ROCO:6510: 10.88
Chunghwa Precision Test Tech Co (ROCO:6510) 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.
Chunghwa Precision Test Tech Co Return-on-Tangible-Asset Related Terms
Chunghwa Precision Test Tech Co Return-on-Tangible-Asset Historical Data
* 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.
Chunghwa Precision Test Tech Co Return-on-Tangible-Asset Chart
ROCO:6510 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Chunghwa Precision Test Tech 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.
Chunghwa Precision Test Tech Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chunghwa Precision Test Tech 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 11.86% mean?
Chunghwa Precision Test Tech Co (ROCO:6510) has a Return-on-Tangible-Asset of 11.86% 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 Chunghwa Precision Test Tech Co and its competitors. This is 14% above median its historical median of 10.44. Over the past decade, Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset has ranged from 0.38 to 21.14. According to the industry distribution chart, Chunghwa Precision Test Tech Co ranks #199 out of 1030 companies in the Semiconductors industry, placing it in the top 19.3%.
Is Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset too high?
Chunghwa Precision Test Tech Co's current Return-on-Tangible-Asset of 11.86% is 14% above median its 10-year median of 10.44. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 21.14. The Semiconductors industry median Return-on-Tangible-Asset is 2.87. Chunghwa Precision Test Tech Co's value of 11.86% is 314% above this industry median. Based on the distribution chart, Chunghwa Precision Test Tech Co ranks #199 out of 1030 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Chunghwa Precision Test Tech Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Chunghwa Precision Test Tech Co ranks #199 out of 1030 companies for Return-on-Tangible-Asset. This places Chunghwa Precision Test Tech Co in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.87. Chunghwa Precision Test Tech Co's value of 11.86% is 314% above this benchmark. Historically, Chunghwa Precision Test Tech Co's own Return-on-Tangible-Asset has ranged from 0.38 to 21.14 over the past decade. While the company's 10-year median is 10.44 vs. the industry median of 2.87, Chunghwa Precision Test Tech 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.87, based on 1,030 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. Chunghwa Precision Test Tech Co's current Return-on-Tangible-Asset of 11.86% is 314% 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 Chunghwa Precision Test Tech Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chunghwa Precision Test Tech Co's current Return-on-Tangible-Asset is 11.86%, which is 14% above median its own 10-year median of 10.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chunghwa Precision Test Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Chunghwa Precision Test Tech Co (ROCO:6510) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,163.67, compared to a current price of NT$2,820.00 — trading 142.3% above its estimated fair value. The current Return-on-Tangible-Asset is 11.86%, which is 14% above median its 10-year median of 10.44 and 314% above the Semiconductors industry median of 2.87. Chunghwa Precision Test Tech Co's overall GF Score™ is 81/100. 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 Chunghwa Precision Test Tech Co (ROCO:6510), the current Return-on-Tangible-Asset is 11.86% 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 Chunghwa Precision Test Tech Co (ROCO:6510) Overvalued in 2026?
Based on GuruFocus' analysis, Chunghwa Precision Test Tech Co stock appears to be overvalued.
The current stock price of NT$2,820.00 is trading 142.3% above its estimated GF Value™ of NT$1,163.67.
GuruFocus considers Chunghwa Precision Test Tech Co to be Significantly Overvalued.
Key valuation signals for ROCO:6510:
Return-on-Tangible-Asset: 11.86% (14% above median its 10-year median of 10.44)
GF Value™: NT$1,163.67 vs. price of NT$2,820.00 (142.3% above fair value)
Industry Position: 314% above the Semiconductors median (#199 of 1030)
No single metric tells the full story. See the ROCO:6510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chunghwa Precision Test Tech Co Ltd is engaged mainly in the testing of semiconductor components, the production of printed circuit boards, and the marketing of electronic products. The company earns operating revenue from the production and sales of semiconductor testing components and printed circuit boards, as well as other electronic products. It also earns revenue from the rendering of services such as designing and maintaining semiconductor components, printed circuit boards, and providing after-sales services. It generates maximum revenue from the sale of wafer test boards. Geographically, the company generates maximum revenue from Taiwan, followed by the United States, China, and Other regions.
81GF Score
Get the complete analysis for ROCO:6510
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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