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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. Igiant Optics Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$-10.2 Mil. Igiant Optics Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$437.8 Mil. Therefore, Igiant Optics Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -2.32%.
The historical rank and industry rank for Igiant Optics Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6915'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16 Med: 9.38 Max: 94.54
Current: -3.54
During the past 8 years, Igiant Optics Co's highest Return-on-Tangible-Asset was 94.54%. The lowest was -16.00%. And the median was 9.38%.
ROCO:6915's Return-on-Tangible-Asset is ranked worse than 73.5% of 1030
companies
in the Semiconductors industry
Industry Median: 2.865
vs ROCO:6915: -3.54
Igiant Optics Co (ROCO:6915) 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.
Igiant Optics Co Return-on-Tangible-Asset Related Terms
Igiant Optics Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Igiant Optics 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.
ROCO:6915 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Igiant Optics 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.
Igiant Optics Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Igiant Optics Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Igiant Optics 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 -2.32% mean?
Igiant Optics Co (ROCO:6915) has a Return-on-Tangible-Asset of -2.32% 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 Igiant Optics Co and its competitors. According to the industry distribution chart, Igiant Optics Co ranks #757 out of 1030 companies in the Semiconductors industry, placing it in the top 73.5%.
Is Igiant Optics Co's Return-on-Tangible-Asset too high?
Igiant Optics Co's current Return-on-Tangible-Asset is -2.32%. Based on the distribution chart, Igiant Optics Co ranks #757 out of 1030 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Igiant Optics Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Igiant Optics Co's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Igiant Optics Co ranks #757 out of 1030 companies for Return-on-Tangible-Asset. This places Igiant Optics 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 Igiant Optics 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. Igiant Optics Co's current Return-on-Tangible-Asset is -2.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igiant Optics Co stock overvalued right now?
Based on GuruFocus' analysis, Igiant Optics Co (ROCO:6915) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.34, compared to a current price of NT$40.50 — trading 164% above its estimated fair value. The current Return-on-Tangible-Asset is -2.32%. Igiant Optics Co's overall GF Score™ is 42/100 with 3 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 Igiant Optics Co (ROCO:6915), the current Return-on-Tangible-Asset is -2.32% 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 Igiant Optics Co (ROCO:6915) Overvalued in 2026?
Based on GuruFocus' analysis, Igiant Optics Co stock appears to be overvalued.
The current stock price of NT$40.50 is trading 164% above its estimated GF Value™ of NT$15.34.
GuruFocus considers Igiant Optics Co to be Significantly Overvalued.
Key valuation signals for ROCO:6915:
Return-on-Tangible-Asset: -2.32%
GF Value™: NT$15.34 vs. price of NT$40.50 (164% above fair value)
No single metric tells the full story. See the ROCO:6915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Igiant Optics Co Ltd is an optical design and manufacturing company. It offers precision micro molding on parts, Dual shot molding & insert molding, Micro molding on composites, LDS (Laser Direct Structuring), LF, LSR (Liquid Silicone Rubber), and Optical solution. Its service offerings comprise optical design, tool fabrication, precision injection, automation to full-scale inspection.
42GF Score
Get the complete analysis for ROCO:6915
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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