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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. Power Master Energy Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$-334 Mil. Power Master Energy Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$5,754 Mil. Therefore, Power Master Energy Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -5.80%.
The historical rank and industry rank for Power Master Energy Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6839'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.66 Med: 1.66 Max: 2.87
Current: -1.29
During the past 8 years, Power Master Energy Co's highest Return-on-Tangible-Asset was 2.87%. The lowest was -3.66%. And the median was 1.66%.
ROCO:6839's Return-on-Tangible-Asset is ranked worse than 67.38% of 1030
companies
in the Semiconductors industry
Industry Median: 2.865
vs ROCO:6839: -1.29
Power Master Energy Co (ROCO:6839) 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.
Power Master Energy Co Return-on-Tangible-Asset Related Terms
Power Master Energy Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Power Master Energy 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.
Power Master Energy Co Return-on-Tangible-Asset Chart
ROCO:6839 vs FSLR, NXT, ENPH: Return-on-Tangible-Asset Comparison
For the Solar subindustry, Power Master Energy 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.
Power Master Energy Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Power Master Energy Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Power Master Energy 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -5.80% mean?
Power Master Energy Co (ROCO:6839) has a Return-on-Tangible-Asset of -5.80% 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 Power Master Energy Co and its competitors. According to the industry distribution chart, Power Master Energy Co ranks #694 out of 1030 companies in the Semiconductors industry, placing it in the top 67.4%.
Is Power Master Energy Co's Return-on-Tangible-Asset too high?
Power Master Energy Co's current Return-on-Tangible-Asset is -5.80%. Based on the distribution chart, Power Master Energy Co ranks #694 out of 1030 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Power Master Energy Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power Master Energy Co's Return-on-Tangible-Asset compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Power Master Energy Co ranks #694 out of 1030 companies for Return-on-Tangible-Asset. This places Power Master Energy Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.87. 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. 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 Power Master Energy 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. Power Master Energy Co's current Return-on-Tangible-Asset is -5.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Master Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Power Master Energy Co (ROCO:6839) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.42, compared to a current price of NT$11.95 — trading 22.5% below its estimated fair value. The current Return-on-Tangible-Asset is -5.80%. Power Master Energy Co's overall GF Score™ is 63/100 with 6 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 Power Master Energy Co (ROCO:6839), the current Return-on-Tangible-Asset is -5.80% 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 Power Master Energy Co (ROCO:6839) Overvalued in 2026?
Based on GuruFocus' analysis, Power Master Energy Co stock appears to be undervalued.
The current stock price of NT$11.95 is trading 22.5% below its estimated GF Value™ of NT$15.42.
GuruFocus considers Power Master Energy Co to be Modestly Undervalued.
Key valuation signals for ROCO:6839:
Return-on-Tangible-Asset: -5.80%
GF Value™: NT$15.42 vs. price of NT$11.95 (22.5% below fair value)
No single metric tells the full story. See the ROCO:6839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Power Master Energy Co Ltd Formerly Power Master II Holdings Co Ltd is a professional solar power system provider in Taiwan. The business scope is divided into the four main axes of the solar power systems: Engineering Contract EPC, Power Plant Investment, Maintenance Operation Management, and Energy Storage System. It also develops solar photovoltaic components such as modules, brackets, and inverters.
63GF Score
Get the complete analysis for ROCO:6839
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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