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Kuang Hong Arts ManagementROCO:6596 +0.79%75 Return-on-Tangible-Asset is 11.02% as of Mar. 2026, which is 12% above its 10-year median of 9.86. GuruFocus rates ROCO:6596 with a GF Score™ of 75/100 and a GF Value™ of NT$105.53 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,030 Media - Diversified companies, Kuang Hong Arts Management ranks better than 96.31% 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. Kuang Hong Arts Management's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$316 Mil. Kuang Hong Arts Management's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,871 Mil. Therefore, Kuang Hong Arts Management's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.02%.
The historical rank and industry rank for Kuang Hong Arts Management's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6596'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.34 Med: 9.86 Max: 28.37
Current: 22.37
During the past 13 years, Kuang Hong Arts Management's highest Return-on-Tangible-Asset was 28.37%. The lowest was -8.34%. And the median was 9.86%.
ROCO:6596's Return-on-Tangible-Asset is ranked better than 96.31% of 1030
companies
in the Media - Diversified industry
Industry Median: 0.83
vs ROCO:6596: 22.37
Kuang Hong Arts Management (ROCO:6596) 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.
Kuang Hong Arts Management Return-on-Tangible-Asset Related Terms
Kuang Hong Arts Management 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.
Kuang Hong Arts Management Return-on-Tangible-Asset Chart
ROCO:6596 vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, Kuang Hong Arts Management'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.
Kuang Hong Arts Management Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Kuang Hong Arts Management's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kuang Hong Arts Management'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 11.02% mean?
Kuang Hong Arts Management (ROCO:6596) has a Return-on-Tangible-Asset of 11.02% 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 Kuang Hong Arts Management and its competitors. This is 12% above median its historical median of 9.86. According to the industry distribution chart, Kuang Hong Arts Management ranks #38 out of 1030 companies in the Media - Diversified industry, placing it in the top 3.7%.
Is Kuang Hong Arts Management's Return-on-Tangible-Asset too high?
Kuang Hong Arts Management's current Return-on-Tangible-Asset of 11.02% is 12% above median its 10-year median of 9.86. The Media - Diversified industry median Return-on-Tangible-Asset is 0.83. Kuang Hong Arts Management's value of 11.02% is 1227.7% above this industry median. Based on the distribution chart, Kuang Hong Arts Management ranks #38 out of 1030 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Kuang Hong Arts Management has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kuang Hong Arts Management's Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Kuang Hong Arts Management ranks #38 out of 1030 companies for Return-on-Tangible-Asset. This places Kuang Hong Arts Management in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.83. Kuang Hong Arts Management's value of 11.02% is 1227.7% above this benchmark. While the company's 10-year median is 9.86 vs. the industry median of 0.83, Kuang Hong Arts Management 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.83, 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. Kuang Hong Arts Management's current Return-on-Tangible-Asset of 11.02% is 1227.7% 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 Kuang Hong Arts Management and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuang Hong Arts Management's current Return-on-Tangible-Asset is 11.02%, which is 12% above median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuang Hong Arts Management stock overvalued right now?
Based on GuruFocus' analysis, Kuang Hong Arts Management (ROCO:6596) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$105.53, compared to a current price of NT$89.80 — trading 14.9% below its estimated fair value. The current Return-on-Tangible-Asset is 11.02%, which is 12% above median its 10-year median of 9.86 and 1227.7% above the Media - Diversified industry median of 0.83. Kuang Hong Arts Management's overall GF Score™ is 75/100 with 5 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 Kuang Hong Arts Management (ROCO:6596), the current Return-on-Tangible-Asset is 11.02% 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 Kuang Hong Arts Management (ROCO:6596) Overvalued in 2026?
Based on GuruFocus' analysis, Kuang Hong Arts Management stock appears to be undervalued.
The current stock price of NT$89.80 is trading 14.9% below its estimated GF Value™ of NT$105.53.
GuruFocus considers Kuang Hong Arts Management to be Modestly Undervalued.
Key valuation signals for ROCO:6596:
Return-on-Tangible-Asset: 11.02% (12% above median its 10-year median of 9.86)
GF Value™: NT$105.53 vs. price of NT$89.80 (14.9% below fair value)
Industry Position: 1227.7% above the Media - Diversified median (#38 of 1030)
No single metric tells the full story. See the ROCO:6596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kuang Hong Arts Management Inc is a media company involved in promoting cultural events which include music, dance, exhibitions, Drama, Lectures, and other events.
75GF Score
Get the complete analysis for ROCO:6596
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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