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Gudeng Equipment CoROCO:6953 68 Return-on-Tangible-Asset is 5.64% as of Mar. 2026, which is 48% below its 10-year median of 10.86. GuruFocus rates ROCO:6953 with a GF Score™ of 68/100 and a GF Value™ of NT$248.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,029 Semiconductors companies, Gudeng Equipment Co ranks better than 75.9% 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. Gudeng Equipment Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$151 Mil. Gudeng Equipment Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,682 Mil. Therefore, Gudeng Equipment Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.64%.
The historical rank and industry rank for Gudeng Equipment Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6953'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.8 Med: 10.86 Max: 15.81
Current: 8.8
During the past 6 years, Gudeng Equipment Co's highest Return-on-Tangible-Asset was 15.81%. The lowest was 8.80%. And the median was 10.86%.
ROCO:6953's Return-on-Tangible-Asset is ranked better than 75.9% of 1029
companies
in the Semiconductors industry
Industry Median: 2.82
vs ROCO:6953: 8.80
Gudeng Equipment Co (ROCO:6953) 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.
Gudeng Equipment Co Return-on-Tangible-Asset Related Terms
Gudeng Equipment Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gudeng Equipment 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.
Gudeng Equipment Co Return-on-Tangible-Asset Chart
ROCO:6953 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Gudeng Equipment 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.
Gudeng Equipment Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Gudeng Equipment Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gudeng Equipment 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.64% mean?
Gudeng Equipment Co (ROCO:6953) has a Return-on-Tangible-Asset of 5.64% 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 Gudeng Equipment Co and its competitors. This is 48% below median its historical median of 10.86. Over the past decade, Gudeng Equipment Co's Return-on-Tangible-Asset has ranged from 8.80 to 15.81. According to the industry distribution chart, Gudeng Equipment Co ranks #248 out of 1029 companies in the Semiconductors industry, placing it in the top 24.1%.
Is Gudeng Equipment Co's Return-on-Tangible-Asset too high?
Gudeng Equipment Co's current Return-on-Tangible-Asset of 5.64% is 48% below median its 10-year median of 10.86. Over the past 10 years, this metric has ranged from a low of 8.80 to a high of 15.81. The Semiconductors industry median Return-on-Tangible-Asset is 2.82. Gudeng Equipment Co's value of 5.64% is 100% above this industry median. Based on the distribution chart, Gudeng Equipment Co ranks #248 out of 1029 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Gudeng Equipment Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gudeng Equipment Co's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Gudeng Equipment Co ranks #248 out of 1029 companies for Return-on-Tangible-Asset. This places Gudeng Equipment Co in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.82. Gudeng Equipment Co's value of 5.64% is 100% above this benchmark. Historically, Gudeng Equipment Co's own Return-on-Tangible-Asset has ranged from 8.80 to 15.81 over the past decade. While the company's 10-year median is 10.86 vs. the industry median of 2.82, Gudeng Equipment 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.82, based on 1,029 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. Gudeng Equipment Co's current Return-on-Tangible-Asset of 5.64% is 100% 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 Gudeng Equipment Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gudeng Equipment Co's current Return-on-Tangible-Asset is 5.64%, which is 48% below median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gudeng Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Gudeng Equipment Co (ROCO:6953) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$248.59, compared to a current price of NT$215.50 — trading 13.3% below its estimated fair value. The current Return-on-Tangible-Asset is 5.64%, which is 48% below median its 10-year median of 10.86 and 100% above the Semiconductors industry median of 2.82. Gudeng Equipment Co's overall GF Score™ is 68/100 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 Gudeng Equipment Co (ROCO:6953), the current Return-on-Tangible-Asset is 5.64% 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 Gudeng Equipment Co (ROCO:6953) Overvalued in 2026?
Based on GuruFocus' analysis, Gudeng Equipment Co stock appears to be undervalued.
The current stock price of NT$215.50 is trading 13.3% below its estimated GF Value™ of NT$248.59.
GuruFocus considers Gudeng Equipment Co to be Modestly Undervalued.
Key valuation signals for ROCO:6953:
Return-on-Tangible-Asset: 5.64% (48% below median its 10-year median of 10.86)
GF Value™: NT$248.59 vs. price of NT$215.50 (13.3% below fair value)
Industry Position: 100% above the Semiconductors median (#248 of 1029)
No single metric tells the full story. See the ROCO:6953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gudeng Equipment Co Ltd is engaged in the sale, repair, and maintenance of precision instruments. Its products include Automatic EIP Inspection Equipment/ EUV Reticle Sidewall Inspection, EUV Lite Exchanger, EUV Reticle Exchanger, EUV Vacuum Cleaner, Reticle Cleaner, Large-Size Reticle Cleaner, Reticle Exchanger, Reticle Cabinet Solution, Reticle Storage Solution, and PVD Technology.
68GF Score
Get the complete analysis for ROCO:6953
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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