GURUFOCUS.COM » STOCK LIST » Technology » Software » Uniforce Technology Corp (ROCO:7714) » Definitions » Return-on-Tangible-Asset

Uniforce Technology (ROCO:7714) Return-on-Tangible-Asset : 10.19% (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Uniforce Technology Return-on-Tangible-Asset?

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. Uniforce Technology's annualized Net Income for the quarter that ended in Mar. 2025 was NT$85 Mil. Uniforce Technology's average total tangible assets for the quarter that ended in Mar. 2025 was NT$836 Mil. Therefore, Uniforce Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 10.19%.

The historical rank and industry rank for Uniforce Technology's Return-on-Tangible-Asset or its related term are showing as below:

ROCO:7714' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.98   Med: 12.61   Max: 16.59
Current: 15.3

During the past 5 years, Uniforce Technology's highest Return-on-Tangible-Asset was 16.59%. The lowest was 3.98%. And the median was 12.61%.

ROCO:7714's Return-on-Tangible-Asset is ranked better than
87.43% of 2841 companies
in the Software industry
Industry Median: 1.88 vs ROCO:7714: 15.30

Uniforce Technology Return-on-Tangible-Asset Historical Data

The historical data trend for Uniforce 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.

* Premium members only.

Uniforce Technology Return-on-Tangible-Asset Chart

Uniforce Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
3.98 4.63 12.61 16.59 15.02

Uniforce Technology Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.76 16.83 12.50 27.89 10.19

Competitive Comparison of Uniforce Technology's Return-on-Tangible-Asset

For the Information Technology Services subindustry, Uniforce 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.


Uniforce Technology's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Uniforce Technology's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Uniforce Technology's Return-on-Tangible-Asset falls into.


;
;

Uniforce Technology Return-on-Tangible-Asset Calculation

Uniforce Technology's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=94.534/( (556.961+702.2)/ 2 )
=94.534/629.5805
=15.02 %

Uniforce Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=85.188/( (702.2+969.26)/ 2 )
=85.188/835.73
=10.19 %

* 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. 2025) net income data.


Uniforce Technology  (ROCO:7714) 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 company’s 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 company’s 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.


Uniforce Technology Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Uniforce Technology's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Uniforce Technology Business Description

Traded in Other Exchanges
N/A
Address
10th Floor, No. 77, Zhouzi Street, Neihu District, Taipei, TWN
Uniforce Technology Corp is a company that provides professional consulting and construction technical services. It focuses on introducing and distributing various domestic and foreign high-efficiency operation and maintenance, information security, and integrated joint defense products. The products that they represent mainly serve industries including major domestic and foreign telecommunications and operators, banks in the financial industry, securities and insurance, etc.

Uniforce Technology Headlines

No Headlines