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Green World Fintech Service Co (ROCO:6763) 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.
Green World Fintech Service Co Return-on-Tangible-Asset Related Terms
Green World Fintech Service 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.
Green World Fintech Service Co Return-on-Tangible-Asset Chart
ROCO:6763 vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, Green World Fintech Service 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.
Green World Fintech Service Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Green World Fintech Service Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Green World Fintech Service 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 5.55% mean?
Green World Fintech Service Co (ROCO:6763) has a Return-on-Tangible-Asset of 5.55% 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 Green World Fintech Service Co and its competitors. This is 10% below median its historical median of 6.18. Over the past decade, Green World Fintech Service Co's Return-on-Tangible-Asset has ranged from 1.67 to 10.99. According to the industry distribution chart, Green World Fintech Service Co ranks #634 out of 2892 companies in the Software industry, placing it in the top 21.9%.
Is Green World Fintech Service Co's Return-on-Tangible-Asset too high?
Green World Fintech Service Co's current Return-on-Tangible-Asset of 5.55% is 10% below median its 10-year median of 6.18. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 10.99. The Software industry median Return-on-Tangible-Asset is 2.05. Green World Fintech Service Co's value of 5.55% is 170.7% above this industry median. Based on the distribution chart, Green World Fintech Service Co ranks #634 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Green World Fintech Service Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Green World Fintech Service Co's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, Green World Fintech Service Co ranks #634 out of 2892 companies for Return-on-Tangible-Asset. This places Green World Fintech Service Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.05. Green World Fintech Service Co's value of 5.55% is 170.7% above this benchmark. Historically, Green World Fintech Service Co's own Return-on-Tangible-Asset has ranged from 1.67 to 10.99 over the past decade. While the company's 10-year median is 6.18 vs. the industry median of 2.05, Green World Fintech Service 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 2.05, based on 2,892 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. Green World Fintech Service Co's current Return-on-Tangible-Asset of 5.55% is 170.7% 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 Green World Fintech Service Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green World Fintech Service Co's current Return-on-Tangible-Asset is 5.55%, which is 10% below median its own 10-year median of 6.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green World Fintech Service Co stock overvalued right now?
Based on GuruFocus' analysis, Green World Fintech Service Co (ROCO:6763) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$58.42, compared to a current price of NT$43.65 — trading 25.3% below its estimated fair value. The current Return-on-Tangible-Asset is 5.55%, which is 10% below median its 10-year median of 6.18 and 170.7% above the Software industry median of 2.05. Green World Fintech Service Co's overall GF Score™ is 93/100 with 4 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 Green World Fintech Service Co (ROCO:6763), the current Return-on-Tangible-Asset is 5.55% 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 Green World Fintech Service Co (ROCO:6763) Overvalued in 2026?
Based on GuruFocus' analysis, Green World Fintech Service Co stock appears to be undervalued.
The current stock price of NT$43.65 is trading 25.3% below its estimated GF Value™ of NT$58.42.
GuruFocus considers Green World Fintech Service Co to be Modestly Undervalued.
Key valuation signals for ROCO:6763:
Return-on-Tangible-Asset: 5.55% (10% below median its 10-year median of 6.18)
GF Value™: NT$58.42 vs. price of NT$43.65 (25.3% below fair value)
Industry Position: 170.7% above the Software median (#634 of 2892)
No single metric tells the full story. See the ROCO:6763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Green World Fintech Service Co Ltd is engaged in third-party payment services, offering all-in-one payment and logistics collection services, including four payment channels: credit cards, ATM machines, online ATM, and convenience store barcode payments. The company also provides logistics, electronic invoicing, cybersecurity check services, and customized system development services. It operates a single reportable segment that engages in third-party payment services in Taiwan.
93GF Score
Get the complete analysis for ROCO:6763
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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