Solid Year Co (ROCO:6737) Return-on-Tangible-Asset: 2.65% (As of Dec. 2025) — 64% Below Median

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ROCO:6737 Solid Year Co Ltd ROCO:6737
76 GF Score
Price NT$29.80
GF Value NT$30.07
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Solid Year Co Return-on-Tangible-Asset?

Solid Year Co ROCO:6737 76 Return-on-Tangible-Asset is 2.65% as of Dec. 2025, which is 64% below its 10-year median of 7.28. GuruFocus rates ROCO:6737 with a GF Score™ of 76/100 and a GF Value™ of NT$30.07 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,501 Hardware companies, Solid Year Co ranks better than 69.65% 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. Solid Year Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$76 Mil. Solid Year Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$2,869 Mil. Therefore, Solid Year Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.65%.

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

ROCO:6737' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.3   Med: 7.28   Max: 14.86
Current: 5.63

During the past 10 years, Solid Year Co's highest Return-on-Tangible-Asset was 14.86%. The lowest was 1.30%. And the median was 7.28%.

ROCO:6737's Return-on-Tangible-Asset is ranked better than
69.65% of 2501 companies
in the Hardware industry
Industry Median: 2.48 vs ROCO:6737: 5.63

Solid Year Co  (ROCO:6737) 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.


Solid Year Co Return-on-Tangible-Asset Related Terms


Solid Year Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Solid Year 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.

Solid Year Co Return-on-Tangible-Asset Chart

Solid Year Co 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 8.00 8.07 6.56 12.68 5.37

Solid Year Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.47 11.42 13.78 8.55 2.65

ROCO:6737 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison

For the Computer Hardware subindustry, Solid Year 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.


Solid Year Co Return-on-Tangible-Asset vs Hardware Industry

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

* The bar in red indicates where Solid Year Co's Return-on-Tangible-Asset falls into.


ROCO:6737
76GF Score
Solid Year Co Ltd ROCO:6737
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Year Co Return-on-Tangible-Asset Calculation

Solid Year Co'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 )
=176.171/( (3641.997+2915.529)/ 2 )
=176.171/3278.763
=5.37 %

Solid Year Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=76.142/( (2822.001+2915.529)/ 2 )
=76.142/2868.765
=2.65 %

* 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 2.65% mean?
Solid Year Co (ROCO:6737) has a Return-on-Tangible-Asset of 2.65% 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 Solid Year Co and its competitors. This is 64% below median its historical median of 7.28. Over the past decade, Solid Year Co's Return-on-Tangible-Asset has ranged from 1.30 to 14.86. According to the industry distribution chart, Solid Year Co ranks #759 out of 2501 companies in the Hardware industry, placing it in the top 30.3%.
Is Solid Year Co's Return-on-Tangible-Asset too high?
Solid Year Co's current Return-on-Tangible-Asset of 2.65% is 64% below median its 10-year median of 7.28. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 14.86. The Hardware industry median Return-on-Tangible-Asset is 2.48. Solid Year Co's value of 2.65% is 6.9% above this industry median. Based on the distribution chart, Solid Year Co ranks #759 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Solid Year Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solid Year Co's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Solid Year Co ranks #759 out of 2501 companies for Return-on-Tangible-Asset. This puts Solid Year Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Solid Year Co's value of 2.65% is 6.9% above this benchmark. Historically, Solid Year Co's own Return-on-Tangible-Asset has ranged from 1.30 to 14.86 over the past decade. While the company's 10-year median is 7.28 vs. the industry median of 2.48, Solid Year 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. Solid Year Co's current Return-on-Tangible-Asset of 2.65% is 6.9% 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 Solid Year 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. Solid Year Co's current Return-on-Tangible-Asset is 2.65%, which is 64% below median its own 10-year median of 7.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Year Co stock overvalued right now?
Based on GuruFocus' analysis, Solid Year Co (ROCO:6737) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.07, compared to a current price of NT$29.80 — trading 0.9% below its estimated fair value. The current Return-on-Tangible-Asset is 2.65%, which is 64% below median its 10-year median of 7.28 and 6.9% above the Hardware industry median of 2.48. Solid Year Co's overall GF Score™ is 76/100 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 Solid Year Co (ROCO:6737), the current Return-on-Tangible-Asset is 2.65% 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 Solid Year Co (ROCO:6737) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Year Co stock appears to be undervalued. The current stock price of NT$29.80 is trading 0.9% below its estimated GF Value™ of NT$30.07. GuruFocus considers Solid Year Co to be Fairly Valued.

Key valuation signals for ROCO:6737:

  • Return-on-Tangible-Asset: 2.65% (64% below median its 10-year median of 7.28)
  • GF Value™: NT$30.07 vs. price of NT$29.80 (0.9% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 6.9% above the Hardware median (#759 of 2501)

No single metric tells the full story. See the ROCO:6737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Year Co Business Description

Address Xintai 5th Road, 18th Floor - 11, No. 97, Section 1, Xizhi District, New Taipei City, TWN
Solid Year Co Ltd is engaged in the manufacturing, import, and export of various electronic components and computer peripheral equipment. The company's reportable segments are the Manufacturing Service Department and Other departments. The majority of its revenue is generated from the Manufacturing Service Department, which manufactures and sells products like keyboards, network cameras, camera modules, driving recorders, hunting machines, projectors, game controllers, automotive electronics, and in-car multimedia, among others.
76GF Score

Get the complete analysis for ROCO:6737

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

NT$29.80
Price
NT$30.07
GF Value