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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. O'Pay Electronic Payment Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$-82.24 Mil. O'Pay Electronic Payment Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$764.96 Mil. Therefore, O'Pay Electronic Payment Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -10.75%.
The historical rank and industry rank for O'Pay Electronic Payment Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6878'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.39 Med: -4.6 Max: -1.43
Current: -10.25
During the past 8 years, O'Pay Electronic Payment Co's highest Return-on-Tangible-Asset was -1.43%. The lowest was -10.39%. And the median was -4.60%.
ROCO:6878's Return-on-Tangible-Asset is ranked worse than 72.08% of 2894
companies
in the Software industry
Industry Median: 2.095
vs ROCO:6878: -10.25
O'Pay Electronic Payment Co (ROCO:6878) 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.
O'Pay Electronic Payment Co Return-on-Tangible-Asset Related Terms
O'Pay Electronic Payment 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.
O'Pay Electronic Payment Co Return-on-Tangible-Asset Chart
ROCO:6878 vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, O'Pay Electronic Payment 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.
O'Pay Electronic Payment Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, O'Pay Electronic Payment Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where O'Pay Electronic Payment 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 -10.75% mean?
O'Pay Electronic Payment Co (ROCO:6878) has a Return-on-Tangible-Asset of -10.75% 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 O'Pay Electronic Payment Co and its competitors. According to the industry distribution chart, O'Pay Electronic Payment Co ranks #2086 out of 2894 companies in the Software industry, placing it in the top 72.1%.
Is O'Pay Electronic Payment Co's Return-on-Tangible-Asset too high?
O'Pay Electronic Payment Co's current Return-on-Tangible-Asset is -10.75%. Based on the distribution chart, O'Pay Electronic Payment Co ranks #2086 out of 2894 companies in the Software industry, which is below the industry midpoint. Overall, O'Pay Electronic Payment Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does O'Pay Electronic Payment Co's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, O'Pay Electronic Payment Co ranks #2086 out of 2894 companies for Return-on-Tangible-Asset. This places O'Pay Electronic Payment Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.10. 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. 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 O'Pay Electronic Payment 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. O'Pay Electronic Payment Co's current Return-on-Tangible-Asset is -10.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is O'Pay Electronic Payment Co stock overvalued right now?
Based on GuruFocus' analysis, O'Pay Electronic Payment Co (ROCO:6878) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.05, compared to a current price of NT$25.00 — trading 91.6% above its estimated fair value. The current Return-on-Tangible-Asset is -10.75%. O'Pay Electronic Payment Co's overall GF Score™ is 36/100 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 O'Pay Electronic Payment Co (ROCO:6878), the current Return-on-Tangible-Asset is -10.75% 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 O'Pay Electronic Payment Co (ROCO:6878) Overvalued in 2026?
Based on GuruFocus' analysis, O'Pay Electronic Payment Co stock appears to be overvalued.
The current stock price of NT$25.00 is trading 91.6% above its estimated GF Value™ of NT$13.05.
GuruFocus considers O'Pay Electronic Payment Co to be Significantly Overvalued.
Key valuation signals for ROCO:6878:
Return-on-Tangible-Asset: -10.75%
GF Value™: NT$13.05 vs. price of NT$25.00 (91.6% above fair value)
No single metric tells the full story. See the ROCO:6878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
O'Pay Electronic Payment Co Ltd is an open electronic payment platform that has been engaged in the cash flow payment industry. Its business content includes providing customers with payment agency services for inward or outward remittance of cross-border network actual transaction prices and providing payment services.
36GF Score
Get the complete analysis for ROCO:6878
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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