Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Waste Recovery TechnologyROCO:6894 -0.74%71 Return-on-Tangible-Asset is 16.40% as of Mar. 2026, which is 19% above its 10-year median of 13.76. GuruFocus rates ROCO:6894 with a GF Score™ of 71/100 and a GF Value™ of NT$354.11 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,077 Industrial Products companies, Waste Recovery Technology ranks better than 91.49% 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. Waste Recovery Technology's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$429 Mil. Waste Recovery Technology's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,614 Mil. Therefore, Waste Recovery Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 16.40%.
The historical rank and industry rank for Waste Recovery Technology's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6894'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.7 Med: 13.76 Max: 17.22
Current: 13.5
During the past 8 years, Waste Recovery Technology's highest Return-on-Tangible-Asset was 17.22%. The lowest was 10.70%. And the median was 13.76%.
ROCO:6894's Return-on-Tangible-Asset is ranked better than 91.49% of 3077
companies
in the Industrial Products industry
Industry Median: 3.32
vs ROCO:6894: 13.50
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.
Waste Recovery Technology Return-on-Tangible-Asset Related Terms
Waste Recovery Technology Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Waste Recovery Technology'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.
ROCO:6894 vs VLTO, ZWS, CECO: Return-on-Tangible-Asset Comparison
For the Pollution & Treatment Controls subindustry, Waste Recovery Technology'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.
Waste Recovery Technology Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Waste Recovery Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Waste Recovery Technology'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 16.40% mean?
Waste Recovery Technology (ROCO:6894) has a Return-on-Tangible-Asset of 16.40% 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 Waste Recovery Technology and its competitors. This is 19% above median its historical median of 13.76. Over the past decade, Waste Recovery Technology's Return-on-Tangible-Asset has ranged from 10.70 to 17.22. According to the industry distribution chart, Waste Recovery Technology ranks #262 out of 3077 companies in the Industrial Products industry, placing it in the top 8.5%.
Is Waste Recovery Technology's Return-on-Tangible-Asset too high?
Waste Recovery Technology's current Return-on-Tangible-Asset of 16.40% is 19% above median its 10-year median of 13.76. Over the past 10 years, this metric has ranged from a low of 10.70 to a high of 17.22. The Industrial Products industry median Return-on-Tangible-Asset is 3.32. Waste Recovery Technology's value of 16.40% is 394% above this industry median. Based on the distribution chart, Waste Recovery Technology ranks #262 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Waste Recovery Technology has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waste Recovery Technology's Return-on-Tangible-Asset compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Waste Recovery Technology ranks #262 out of 3077 companies for Return-on-Tangible-Asset. This places Waste Recovery Technology in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.32. Waste Recovery Technology's value of 16.40% is 394% above this benchmark. Historically, Waste Recovery Technology's own Return-on-Tangible-Asset has ranged from 10.70 to 17.22 over the past decade. While the company's 10-year median is 13.76 vs. the industry median of 3.32, Waste Recovery Technology 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.32, based on 3,077 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. Waste Recovery Technology's current Return-on-Tangible-Asset of 16.40% is 394% 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 Waste Recovery Technology and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Recovery Technology's current Return-on-Tangible-Asset is 16.40%, which is 19% above median its own 10-year median of 13.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Recovery Technology stock overvalued right now?
Based on GuruFocus' analysis, Waste Recovery Technology (ROCO:6894) is currently considered Fairly Valued. The stock's GF Value™ is NT$354.11, compared to a current price of NT$336.00 — trading 5.1% below its estimated fair value. The current Return-on-Tangible-Asset is 16.40%, which is 19% above median its 10-year median of 13.76 and 394% above the Industrial Products industry median of 3.32. Waste Recovery Technology's overall GF Score™ is 71/100 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 Waste Recovery Technology (ROCO:6894), the current Return-on-Tangible-Asset is 16.40% 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 Waste Recovery Technology (ROCO:6894) Overvalued in 2026?
Based on GuruFocus' analysis, Waste Recovery Technology stock appears to be undervalued.
The current stock price of NT$336.00 is trading 5.1% below its estimated GF Value™ of NT$354.11.
GuruFocus considers Waste Recovery Technology to be Fairly Valued.
Key valuation signals for ROCO:6894:
Return-on-Tangible-Asset: 16.40% (19% above median its 10-year median of 13.76)
GF Value™: NT$354.11 vs. price of NT$336.00 (5.1% below fair value)
Industry Position: 394% above the Industrial Products median (#262 of 3077)
No single metric tells the full story. See the ROCO:6894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:6894 has been successfully added to your 
