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ROCO:6697'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.96 Med: 6.95 Max: 8.26
Current: 8.26
During the past 11 years, Information Technology Total Services Co's highest Return-on-Tangible-Asset was 8.26%. The lowest was 4.96%. And the median was 6.95%.
ROCO:6697's Return-on-Tangible-Asset is ranked better than 70.11% of 2894
companies
in the Software industry
Industry Median: 2.095
vs ROCO:6697: 8.26
Information Technology Total Services Co (ROCO:6697) 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.
Information Technology Total Services Co Return-on-Tangible-Asset Related Terms
Information Technology Total Services 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.
Information Technology Total Services Co Return-on-Tangible-Asset Chart
Information Technology Total Services Co Annual Data
ROCO:6697 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Information Technology Total Services 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.
Information Technology Total Services Co Return-on-Tangible-Asset vs Software Industry
* 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 8.75% mean?
Information Technology Total Services Co (ROCO:6697) has a Return-on-Tangible-Asset of 8.75% 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 Information Technology Total Services Co and its competitors. This is 26% above median its historical median of 6.95. Over the past decade, Information Technology Total Services Co's Return-on-Tangible-Asset has ranged from 4.96 to 8.26. According to the industry distribution chart, Information Technology Total Services Co ranks #865 out of 2894 companies in the Software industry, placing it in the top 29.9%.
Is Information Technology Total Services Co's Return-on-Tangible-Asset too high?
Information Technology Total Services Co's current Return-on-Tangible-Asset of 8.75% is 26% above median its 10-year median of 6.95. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 8.26. The Software industry median Return-on-Tangible-Asset is 2.10. Information Technology Total Services Co's value of 8.75% is 317.7% above this industry median. Based on the distribution chart, Information Technology Total Services Co ranks #865 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Information Technology Total Services Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Information Technology Total Services Co's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Information Technology Total Services Co ranks #865 out of 2894 companies for Return-on-Tangible-Asset. This puts Information Technology Total Services Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.10. Information Technology Total Services Co's value of 8.75% is 317.7% above this benchmark. Historically, Information Technology Total Services Co's own Return-on-Tangible-Asset has ranged from 4.96 to 8.26 over the past decade. While the company's 10-year median is 6.95 vs. the industry median of 2.10, Information Technology Total Services 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.10, based on 2,894 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. Information Technology Total Services Co's current Return-on-Tangible-Asset of 8.75% is 317.7% 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 Information Technology Total Services Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Information Technology Total Services Co's current Return-on-Tangible-Asset is 8.75%, which is 26% above median its own 10-year median of 6.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Information Technology Total Services Co stock overvalued right now?
Based on GuruFocus' analysis, Information Technology Total Services Co (ROCO:6697) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$51.25, compared to a current price of NT$41.35 — trading 19.3% below its estimated fair value. The current Return-on-Tangible-Asset is 8.75%, which is 26% above median its 10-year median of 6.95 and 317.7% above the Software industry median of 2.10. Information Technology Total Services Co'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 Information Technology Total Services Co (ROCO:6697), the current Return-on-Tangible-Asset is 8.75% 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 Information Technology Total Services Co (ROCO:6697) Overvalued in 2026?
Based on GuruFocus' analysis, Information Technology Total Services Co stock appears to be undervalued.
The current stock price of NT$41.35 is trading 19.3% below its estimated GF Value™ of NT$51.25.
GuruFocus considers Information Technology Total Services Co to be Modestly Undervalued.
Key valuation signals for ROCO:6697:
Return-on-Tangible-Asset: 8.75% (26% above median its 10-year median of 6.95)
GF Value™: NT$51.25 vs. price of NT$41.35 (19.3% below fair value)
Industry Position: 317.7% above the Software median (#865 of 2894)
No single metric tells the full story. See the ROCO:6697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Information Technology Total Services Co mainly provides IT Outsourcing (ITO) and Business Process Outsourcing (BPO) services. The company develops cloud value-added applications and offers various services, including the lowest level of IT infrastructure service and information security services, cloud application systems, cloud smart services, and integrated direct marketing service (IDMS), call centers, and other solutions in the industry. The company serves customers in finance, insurance, manufacturing, telecommunications, logistics, biotechnology, pharmaceuticals, and high Industries such as technology and government units.
85GF Score
Get the complete analysis for ROCO:6697
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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