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Neweb Information CoROCO:6938 -2.97%48 Return-on-Tangible-Asset is 18.22% as of Dec. 2025, which is 49% above its 10-year median of 12.19. GuruFocus rates ROCO:6938 with a GF Score™ of 48/100. The stock has 2 warning signs investors should review. Among 2,894 Software companies, Neweb Information Co ranks better than 84.97% 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. Neweb Information Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$94.3 Mil. Neweb Information Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$517.3 Mil. Therefore, Neweb Information Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 18.22%.
The historical rank and industry rank for Neweb Information Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6938'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.66 Med: 12.19 Max: 14.45
Current: 14.45
During the past 6 years, Neweb Information Co's highest Return-on-Tangible-Asset was 14.45%. The lowest was 9.66%. And the median was 12.19%.
ROCO:6938's Return-on-Tangible-Asset is ranked better than 84.97% of 2894
companies
in the Software industry
Industry Median: 2.095
vs ROCO:6938: 14.45
Neweb Information Co (ROCO:6938) 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.
Neweb Information Co Return-on-Tangible-Asset Related Terms
Neweb Information Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Neweb Information 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.
Neweb Information Co Return-on-Tangible-Asset Chart
ROCO:6938 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Neweb Information 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.
Neweb Information Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Neweb Information Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Neweb Information 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 18.22% mean?
Neweb Information Co (ROCO:6938) has a Return-on-Tangible-Asset of 18.22% 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 Neweb Information Co and its competitors. This is 49% above median its historical median of 12.19. Over the past decade, Neweb Information Co's Return-on-Tangible-Asset has ranged from 9.66 to 14.45. According to the industry distribution chart, Neweb Information Co ranks #435 out of 2894 companies in the Software industry, placing it in the top 15%.
Is Neweb Information Co's Return-on-Tangible-Asset too high?
Neweb Information Co's current Return-on-Tangible-Asset of 18.22% is 49% above median its 10-year median of 12.19. Over the past 10 years, this metric has ranged from a low of 9.66 to a high of 14.45. The Software industry median Return-on-Tangible-Asset is 2.10. Neweb Information Co's value of 18.22% is 769.7% above this industry median. Based on the distribution chart, Neweb Information Co ranks #435 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Neweb Information Co has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Neweb Information Co's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Neweb Information Co ranks #435 out of 2894 companies for Return-on-Tangible-Asset. This places Neweb Information Co in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.10. Neweb Information Co's value of 18.22% is 769.7% above this benchmark. Historically, Neweb Information Co's own Return-on-Tangible-Asset has ranged from 9.66 to 14.45 over the past decade. While the company's 10-year median is 12.19 vs. the industry median of 2.10, Neweb Information 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 2.10, 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. Neweb Information Co's current Return-on-Tangible-Asset of 18.22% is 769.7% 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 Neweb Information 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. Neweb Information Co's current Return-on-Tangible-Asset is 18.22%, which is 49% above median its own 10-year median of 12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neweb Information Co stock overvalued right now?
Neweb Information Co (ROCO:6938) has a current Return-on-Tangible-Asset of 18.22%. The current Return-on-Tangible-Asset is 18.22%, which is 49% above median its 10-year median of 12.19 and 769.7% above the Software industry median of 2.10. Neweb Information Co's overall GF Score™ is 48/100 with 2 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 Neweb Information Co (ROCO:6938), the current Return-on-Tangible-Asset is 18.22% 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.
Neweb Information Co Ltd is a professional manufacturing company in China with large-scale core system hosts and integrated cross-platform cloud computing services, especially for UNIX, NT, AIX and Linux operations. The platform provides professional services from planning, construction to maintenance and operation of integration, virtualization, cloud, database, storage, backup, backup, network security and other systems. The company mainly provides services such as integrated planning and sales, consulting, introduction, cloud construction, management and maintenance of information software and hardware products.
48GF Score
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